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Economy

Council Meet Outcome: States Reject Proposal To Bring ATF Under GST

21 Dec 2024 21:26 PM IST

States have rejected a proposal to include Aviation Turbine Fuel (ATF) in the ambit of the Goods and Services Tax (GST) regime, Finance Minister Nirmala Sitharaman said on December 21 during a briefing after the GST Council meeting.

GST Council Meeting: FM Nirmala Sitharaman To Address Media At 5 PM Today

21 Dec 2024 15:19 PM IST

The 55th GST Council meeting has postponed key decisions, including GST rate cuts on life and health insurance premiums. Bihar Deputy CM Samrat Chaudhary confirms delay in discussing the rationalization of 148 items. FM Nirmala Sitharaman to address the media at 5 PM today.

RBI Imposes Rs 27.30 Lakh Penalty On IndusInd Bank

20 Dec 2024 19:50 PM IST

he Reserve Bank of India (RBI) has imposed a Rs 27.30 lakh penalty on IndusInd Bank for violating deposit interest rate regulations. The penalty follows an inspection revealing that the bank opened savings accounts for ineligible entities.

Special Fixed Deposit Schemes Offering Up To 8.10% Interest Until December 31

19 Dec 2024 18:01 PM IST

Punjab & Sind Bank and IDBI Bank are offering special fixed deposit schemes with interest rates up to 8.10% until December 31, 2024.

Rupee’s Drastic Fall For The 1st Time In History, Know WHY

19 Dec 2024 12:21 PM IST

The Indian rupee reached an unprecedented low, falling past the 85-mark against the US dollar for the first time in history.

Federal Reserve Lowers Key Interest Rate By Another Quarter Point

19 Dec 2024 01:03 AM IST

The Federal Reserve has cut its key interest rate by 0.25 percentage points, signaling a shift toward a more cautious approach in its monetary policy. With inflation rising and the economy growing, the central bank now projects a slower pace of rate cuts for 2025.

India Crosses $1 Trillion In FDI Since 2000; Mauritius Tops The List

13 Dec 2024 17:03 PM IST

India has surpassed $1 trillion in cumulative foreign direct investment (FDI) inflows since 2000, with Mauritius and Singapore leading the way. This milestone highlights India's growing status as a global investment hub, driven by strategic reforms and a surge in investments across sectors like services, IT, and manufacturing.

Global Airline Industry Set To Earn $36.6 Billion in 2025: IATA

10 Dec 2024 23:45 PM IST

The expected growth is driven by lower oil prices, tighter cost controls, and a strong recovery in passenger demand.

Indian Rupee Hits Record Low Of 84.80 Amid New RBI Governor Appointment

10 Dec 2024 12:36 PM IST

The Indian rupee fell to a record low of 84.80 on Tuesday after Sanjay Malhotra's appointment as the next RBI governor heightened expectations of interest rate cuts. (READ MORE BELOW)

Cash Still Has Strong Demand Amid Digital Payments Surge

09 Dec 2024 18:35 PM IST

Reserve Bank of India (RBI) data on currency circulation reveals that cash demand fluctuates significantly, reflecting the influence of various socio-political events.

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Economy

Council Meet Outcome: States Reject Proposal To Bring ATF Under GST

GST Council Meeting: FM Nirmala Sitharaman To Address Media At 5 PM Today

RBI Imposes Rs 27.30 Lakh Penalty On IndusInd Bank

Special Fixed Deposit Schemes Offering Up To 8.10% Interest Until December 31

Rupee’s Drastic Fall For The 1st Time In History, Know WHY

Federal Reserve Lowers Key Interest Rate By Another Quarter Point

India Crosses $1 Trillion In FDI Since 2000; Mauritius Tops The List

Global Airline Industry Set To Earn $36.6 Billion in 2025: IATA

Indian Rupee Hits Record Low Of 84.80 Amid New RBI Governor Appointment

Cash Still Has Strong Demand Amid Digital Payments Surge

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