Primary Articles and Fuel Inflation are going up yet again. Primary articles was up 12.11% from last year and Fuel was up 13.53%. And then, Look at the past ...
In the Monetary policy yesterday (see longer post) RBI has said that Banks can’t invest more than 10% of their net worth into liquid mutual funds. ET has ...
India’s new IIP data was released recently and here you are with the charts: As you can see, the problem is mining: the growth is just 0.59%. There is a ...
RBI today increased the Repo rate by 0.25% to 6.75%. Repo is what banks pay the RBI for overnight (1 to 3 days) borrowing. Reverse repo, or what the RBI pays ...
A sharp drop was seen in primary articles inflation over last year, with the 19 Feb number going to 14.85%. You see that spike in the middle? That’s the ...
Now for an interesting hidden (i.e. not yet spoken about) aspect of the budget. According to the finance bill, any income distributed by debt funds to ...
The Central Government pays 10% to the National Pension Scheme (NPS) for all its employees, with employees putting in another 10%. Even private employers may ...
There’s a lot of talk about whether salaried employees will not need to file returns, because Pronob-da mentioned something in the budget speech. What he ...