According to The Comptroller and Auditor General of India (CAG) report, PSU insurers’ market share in the health insurance business is declining continuously. All four public sector insurance companies incurred losses of…
The solar power segment in the country attained its highest ever half-early capacity addition this year with 8.40 GW to the grid. As per the data, the new capacity addition…
Food has been the most significant determinant of the trajectory of retail inflation in India as it accounts for a sizable share of the consumer price index (CPI). The Reserve…
In August, the domestic equity market reached one of the highest Foreign Portfolio investors (FPI). Since the pandemic outbreak in 2020, US federal Reserves are standing firm on unwinding their…
On August 18, the Government of India slashed the crude oil tax in its third fortnightly windfall profits tax review and lowered it from Rs 17,750 per ton to Rs 13,000 per…
According to the minutes of the Reserve Bank of India’s August policy meeting, which was made public on Friday, most of the committee’s members supported front-loading rate increases to bring…
Muthoot Finance has launched Milligram Reward Programme for its customers, under which transactions with the company will be rewarded with a certain amount of milligram reward points.With this initiative, the company…
Representational photo: Shutterstock The Ministry of Finance has clarified that the government is not considering any charges on UPI services. The concerns of the UPI (Unified Payment Interface) service providers for cost…
On Monday, the Ministry of Finance notified the consolidated rules for overseas investments by Indian entities to facilitate ease of doing business. The Foreign Exchange Management (Overseas Investments) Rules 2022 will contain…
A combination of factors, including Reserve Bank of India (RBI) intervention in foreign exchange markets and strong demand for credit, contributed to a significant reduction in excess liquidity in the banking system…
