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…
Handling the Zee-Sony Merger’s Complexities ZEE Entertainment-Sony Merger has been nothing short of a wild journey in the quickly changing world of entertainment giants. Investors and fans are waiting impatiently for what was thought to be a seamless transition to hit unforeseen obstacles. Now let’s examine the specifics of this merger, including the delays, opposition,…
In a groundbreaking move, the Insurance Regulatory and Development Authority of India (IRDAI) has taken a significant step towards revolutionizing the insurance sector. The regulatory body has introduced a pioneering project known as ‘Bima Sugam,’ which aims to be a game-changer in the industry, akin to the ‘UPI moment’ in the world of finance. This…
introductory While indicating that another interest rate increase may be coming later this year and that rates may remain higher for longer than some experts anticipate, the Federal Reserve remained stable on Wednesday in its fight against inflation. This post will examine the Federal Reserve’s latest pronouncement and its implications for the economy. To give…
