The Goods and Services Tax (GST) Council has put forward a proposal to establish a threshold of ₹10,000 for issuing notices to travel agents and tour operators. This initiative aims to streamline compliance and reduce the burden on smaller operators
The anticipated trade deal between India and the United States is currently facing significant uncertainty, as negotiations have encountered various challenges. Both nations have been working towards finalizing an agreement that would enhance economic ties and facilitate trade, but recent
Indias retail inflation has increased to 5.54% in September, marking a notable rise from the previous month. This uptick is primarily driven by a significant surge in food prices, which have reached an inflation rate of 7.74%. The data, released
German Finance Minister Christian Lindner has decided to cancel his upcoming trip to India due to the ongoing political turmoil in Berlin. The decision comes at a time when the German government is facing significant challenges, including internal disagreements and
In the latest weekly policy watch, key economic indicators such as retail inflation, the Wholesale Price Index (WPI), and foreign exchange reserves are under scrutiny. These metrics are crucial for understanding the current economic landscape and guiding future policy decisions.
In September, retail inflation in India reached a 23-month high of 5.54%, primarily driven by rising prices in food and fuel sectors. This increase marks a significant rise from the previous month, where inflation was recorded at 6.83%. The surge
The Reserve Bank of India (RBI) has recently implemented a liquidity adjustment measure that has resulted in an increase in the weighted average call money rates by 12 basis points. This adjustment reflects the central banks ongoing efforts to manage
Indian banks are currently seeking clarification and relief from the Reserve Bank of India (RBI) regarding the recent measures implemented to defend the Indian rupee. These measures have been introduced in response to the currencys depreciation, which has raised concerns
Indias retail inflation has reached a 23-month high of 5.54% in September, marking a significant increase from the previous month. This rise in inflation is attributed to various factors, including higher food prices, which have been a major contributor to
The India Meteorological Department (IMD) has announced that the northeast monsoon is expected to begin over the southern peninsula in the next two to three days. This seasonal change typically brings much-needed rainfall to several states in the region, including
