Economy

RBI’s Statement on India’s Forex Reserves 0
- Economy
- June 8, 2024
In a recent statement, the Reserve Bank of India (RBI) provided an update on the country’s foreign exchange (forex) reserves, shedding light on their composition, current status, and implications for the Indian economy. This statement is crucial for understanding how India is positioned in the global financial landscape and what it means for both domestic
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RBI Data: 16.22% Credit Surge, 12.96% Deposit Rise 0
- Economy, India
- July 14, 2023
Other than hearty interest across sections, rise attached to quarter-end business likewise pushed the advance volumes in fortnight, brokers said Reflecting flood in quarter-end business, Business Bank credit extended by 16.22 percent Year on Year (YoY) premise to Rs 143.91 trillion toward the finish of fortnight finished June 30, 2023. The credit had extended by
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ITR Mistakes? Trouble Ahead: Wrong Deductions & Exemptions 0
- Economy
- July 13, 2023
Distorting of pay and asserting improper derivations while documenting the Annual Expense form (ITR) for AY 2023-24 can prompt serious outcomes, as per Annual Duty Division. Mitali Madhusmita, Head Boss Magistrate of Annual Duty, Andhra Pradesh and Telangana district, as of late said that numerous citizens have guaranteed discounts of as high as 75% to
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Non-Taxable Income! Charge isn’t relevant to these 5 income 0
- Economy, India
- July 11, 2023
The Annual Duty Division in India charges no assessment on pay acquired through specific means. Notwithstanding, it relies upon different circumstances and cutoff points. Since an opportunity to record personal assessment form is approaching, you really should know this. Non-available pay: Each annual citizen generally searches for ways of saving personal duty. For this, he
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Global banks raise forecast to 4% peak for key ECB rate 0
- Economy
- June 16, 2023
Goldman Sachs (NYSE:GS), BNP Paribas (OTC:BNPQY), Uncredited (BIT:CRDI) and RBC Capital Markets had earlier expected the ECB’s terminal rate to peak at 3.75%, following a 25 basis points (bps) hike in July, they said in notes after the central bank meeting. The ECB raised euro zone borrowing costs to their highest level in 22 years
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Toyota Wins Over Shareholders at AGM After Questions On Strategy, Governance 0
- Economy
- June 14, 2023
Toyota shareholders backed the board and voted down the first resolution proposed in 18 years at an annual general meeting (AGM) on Wednesday, an endorsement of the automaker a day after it laid out an extensive electric vehicle strategy. EV ROADMAP Toyota aims to produce more efficient, faster-charging versions of current batteries to improve EV
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