Have you ever lent money to someone and found it challenging to get it back? Now, imagine if the government is trying to recover a staggering ₹76,293 crores, and the situation becomes even more complicated. The Securities and Exchange Board of India (SEBI) has recently released a report highlighting the difficulties in recovering this substantial ...
Improving Rural Consumption and Investment Recovery in India With improvements in rural consumption, the demand situation in India is showing positive trends, raising hopes for a revival in private sector investment. The Reserve Bank of India (RBI), in its latest bulletin, highlighted these developments in a letter. It noted that ongoing geopolitical tensions, renewed fears ...
As we approach the festive season post-Navratri, many are planning their journeys home for Diwali, Chhath Puja, or Onam. If you are among those, it is imperative to book your flight tickets as soon as possible. The airfare is witnessing a significant surge, making early booking essential to avoid high costs. Understanding the Surge in ...
The Finance Minister of India, Nirmala Sitharaman, convened a performance review meeting with the heads of public sector banks (PSBs) on Monday, emphasizing the need for improvement in deposit growth. Recently, there has been a notable surge in loan disbursement, which has outpaced deposits by 3-4 percent, leading to an imbalance in asset-liability management for ...
Introduction Centrally Minister Nitin Gadkari envisions a future where cars run on a fuel mix that significantly incorporates ethanol instead of solely relying on diesel and petrol. His ambitious plan aims to promote the use of ethanol in vehicles, and recent reports highlight key aspects of this initiative. The report indicates that to achieve the ...
The Impact of Inflation: When Will Relief Come for the Public? Inflation is a term that affects everyone, from the common man to the elite. Recently, the Reserve Bank of India (RBI) released an important report that sheds light on the current state of inflation and offers hope for relief. The report indicates a significant ...
The Adani Group is gearing up for a significant deal in the power sector, casting its eyes on the power plants owned by Anil Ambani. According to a report in Mint, Adani Power is in negotiations to acquire the 600 MW Butibori Thermal Power Project located in Nagpur, with an estimated investment ranging between ₹2,000 ...
In today’s fast-paced world, whether you’re buying a cup of tea at a local shop or purchasing groceries worth a thousand rupees, the need for UPI (Unified Payments Interface) has become indispensable. To use UPI for seamless transactions, having a linked bank account is essential. If you’re among those who have been unable to take ...
When it comes to managing small expenses, particularly financial goals that need to be met in a short term, individuals often face two choices: using a credit card to fulfill that need or tapping into the savings account. If you’re unsure which option is best, you’re in the right place. In this article, we’ll delve ...
Flipkart Introduces Platform Fees: A New Trend in E-commerce In a move that has taken many by surprise, Flipkart, one of India’s leading e-commerce platforms, has begun charging a platform fee of ₹3 on every order. This decision comes on the heels of similar actions taken by food delivery giants, Swiggy and Zomato, which have ...