Day: April 7, 2023

Clipped from: https://www.business-standard.com/finance/news/share-of-low-cost-money-in-total-deposits-dips-in-fy23-shows-data-123040400950_1.html Ease of movement of funds on digital platforms and deployment of money by businesses from current accounts also played a role in pruning

Clipped from: https://www.thehindubusinessline.com/opinion/editorial/a-pragmatic-pause-on-rate-hikes/article66707649.ece Rate hikes since May yet to flow through to economy India’s Monetary Policy Committee (MPC) has taken a pragmatic call in deciding to

Clipped from: https://www.thehindubusinessline.com/opinion/why-mpc-chose-to-hold-rates/article66707714.ece The MPC’s decision rests on lower CPI inflation projections and contagion effect of the Western banking crisis Yes, it’s a pause, but with

Clipped from: https://www.thehindubusinessline.com/portfolio/news-analysis/rbi-neednt-sneeze-if-the-fed-is-down-with-flu/article66706353.ece With the rupee and inflation settling at manageable levels, the decision isn’t much of a surprise ; but risks still persist India as

lipped from: https://www.thehindubusinessline.com/money-and-banking/solvency-analysis-show-no-banks-capital-will-fall-below-threshold-rbi/article66707116.ece RBI has issued guidelines to banks to use various scenarios to stress test their balance sheets According to the stress test undertaken by

lipped from: https://www.thehindubusinessline.com/money-and-banking/solvency-analysis-show-no-banks-capital-will-fall-below-threshold-rbi/article66707116.ece RBI has issued guidelines to banks to use various scenarios to stress test their balance sheets According to the stress test undertaken by

Clipped from: https://www.business-standard.com/economy/news/raghuram-rajan-says-banking-system-is-likely-to-be-headed-for-more-trouble-123040600926_1.html?code=NTM4OTU9MTIzMDQwNjAwOTI2 His comments add to warnings that the troubles at SVB and Credit Suisse are indicative of deeper underlying problems in the financial system

Clipped from: https://www.business-standard.com/india-news/government-releases-new-rules-for-online-gaming-prohibits-betting-123040600744_1.html?code=NTM4OTU9MTIzMDQwNjAwNzQ0 The government on Thursday released new rules for online gaming which prohibit any game that involves betting and wagering, and entail a framework

Clipped from: https://www.business-standard.com/opinion/columns/who-will-india-trade-with-123040501182_1.html?code=NTM4OTU9MTIzMDQwNTAxMTgy Regional consolidation of trade may leave India out in the cold Global trade seems to be getting consolidated along regional contours. Selective and

Clipped from: https://www.financialexpress.com/business/investing-abroad-investing-abroad-will-tds-apply-on-old-or-new-tax-regime-rates-government-clarifies-3036181/The CBDT has clarified that a deductor being an employer shall seek information from each employee having salary income regarding the tax regime

Clipped from: https://www.financialexpress.com/industry/banking-finance/banking-system-headed-for-more-turmoil-warns-raghuram-rajan-warns/3036799/ Raghuram Rajan, who was also governor of Reserve Bank of India, said a decade of easy money and a flood of liquidity from

lipped from: https://www.financialexpress.com/business/brandwagon-government-announces-new-rules-for-online-gaming-prohibits-games-which-involves-wagering-3036857/ The new rules for online gaming prohibits any game that involves betting and wagering and entail a framework of multiple self-regulatory organisations (SROs)

Clipped from: https://www.financialexpress.com/economy/the-ball-rupee-is-in-the-reserve-bank-of-indias-court/3036577/ The RBI surprised the markets by pausing interest rates when the markets had factored in a 25 bps increase. It further revised the

Clipped from: https://www.financialexpress.com/opinion/monetary-policy-watchfully-hawkish/3036883/ The hawkish tone of the policy documents portends that if inflation does not fall in line with the MPC’s assessment for Q1 FY2024,