Introduction In the ever-evolving landscape of global financial markets, the MSCI Index (Global Standard Index) is set for a significant rejig on November 15. According to insights from Nuvama Alternative & Quantitative Research, the inclusion of IndusInd Bank, Suzlon Energy, Persistent Systems, APL Apollo, and One97 Communications in the index could lead to substantial inflows,…
In the fast-paced world of electric vehicles (EVs), innovation is key. Carmakers have been diligently working towards enhancing the safety and efficiency of EV batteries. Traditionally, lithium-ion (Li-ion) cells have been the go-to choice, but their inherent risks have led researchers to explore alternatives. One such promising innovation is solid-state cells, aimed at improving safety…
In a bold move amidst the Israel-Hamas conflict, Air India has announced the suspension of flights to and from Tel Aviv until October 14. This decision, made in the interest of passenger and crew safety, echoes the somber realities of the ongoing war between Israel and the Palestinian militant group Hamas. In the face of…
The RBI Monetary Policy Committee meeting: In accordance with expectations, the RBI maintained the 6.5% repo rate in its October monetary policy. The 6.5% GDP growth prediction for FY24 was likewise maintained by the central bank. The RBI Monetary Policy Committee meeting: Governor of the Reserve Bank of India (RBI), Shaktikanta Das, maintained the 6.5%…
Significant decisions that would significantly affect India’s tax system were made during the 52nd Goods and Services Tax (GST) Council meeting, which was held at the Sushma Swaraj Bhawan in New Delhi. Under the direction of Finance Minister Nirmala Sitharaman, the council approved the exemption of extra neutral alcohol (ENA) from GST when it is…
