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  • 13-Jan-2018
  • Retail inflation rose to 5.21% in November 

    Retail inflation has rose to 5.2% in November.It was due to the hike in prices of food items, egg and vegetables

  • 07-Jan-2018
  • India's forex reserves rose high 

    India's forex reserve has rose high to $409.4 bn.Foreign currency assets, which captures the valuation changes, rose $4.424 billion in the week under review to $385.104 billion.

  • 29-Dec-2017
  • Small savings interest cut by 20 bps 

    The small savings interest has been cut by 20 bps in all the schemes.They slashed the rates including NSC and PPF by 0.2%for the January-March period.At the same time, investments in the five-year Senior Citizens Savings Scheme has been retained at 8.3%. 

  • 15-Dec-2017
  • WPI inflation jumps to 3.93% 

    The Whole Sale Price inflation has jumped in the month of November .It was 3.59% in October this year, and 1.82% in November 2016.

  • 12-Dec-2017
  • Indian economy will grow by 7.2 % IN 2018 and 7.4% in 2019 says UN 

    The United Nations has said that the Indian economy will grow by 7.2 % and 7.4% in 2018 and 2019 respectively.The UN growth projections for China is 6.5 percent next year and 6.3 percent in 2019.

  • 10-Dec-2017
  • Direct tax collection show Growth of 14.4% upto November, 2017 

    The Direct tax collection for the year 2017-2018 showsthat net collections are at Rs. 4.8 lakh crore which is 14.4% higher than the net collections for the corresponding period of last year.

  • 09-Dec-2017
  • India'a GDP growth to be high 7.5% in 2018

    The Indian GDP growth will be high 7.5% in 2018 according to the global financial major Morgan Stanley.According to the reports , the values have accelerate from 6.4 per cent this year to 7.5 per cent in 2018 and further to 7.7 per cent in 2019, says a report.

  • 07-Dec-2017
  • Government sets up panel for NPA'S in power sector 

    The Union government has set up a panel headed by NITI Aayog chief executive Amitabh Kant to address the problem of stressed assets in India's power sector.Non-performing assets (NPAs) in power generation accounted for around 5.9% of the banking sector’s total outstanding advances of Rs4.73 trillion, according to the second volume of the Economic Survey 2016-17

  • 06-Dec-2017
  • 5th Bi-Monthly Policy Released 

    Reserve Bank of India has released the fifth bi-monthly policy with the repo rate kept unchanged at 6%.Consequently, MSF (Marginal Standing Facility Rate) and Bank rate remained unchanged at 6.25 per cent each.

  • 03-Dec-2017
  • Corporation bank launches rupay credit cards

    Corporation Bank has launched its RuPay Select and RuPay Platinum credit cards.Corporation Bank’s RuPay credit cards are accepted at all RuPay-enabled 1.5 million plus PoS terminals and 80,000 plus e-commerce merchants in India and all ICS Partner acceptance points (POS, e-commerce merchants) globally.

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