For a large section of people, particularly the salaried class, debt is unavoidable. However, borrowing irresponsibly can land you in trouble.
Professional bodies including lawyers, CAs and architects, among others, also gig economy companies such as Ola and Uber would soon have to start filing data regarding jobs created.
For the last quarter of 2018-19, India’s GDP grew at 5.8%, well below the 7% average that it has clocked over the last few years.
More government-owned banks have announced linking their lending and deposit rates to the Reserve Bank of India’s (RBI’s) repo for facilitating faster transmission after the State Bank of India did so in May.
Equity reversed morning losses and bounced back in the afternoon trade on Wednesday led by a rally in metal, pharma and PSU banking stocks as investors awaiting the US Federal Reserve’s announcement on interest rates.
Rajiv Kumar, Secretary in the Department of Financial Services, was on Tuesday named the new Finance Secretary to take the place of Subhash Chandra Garg, who was shunted to the Power Ministry.
After Sitharaman proposed higher income tax surcharge on taxpayers with income of ₹2-5 crore, FPIs have sold shares worth $1.87 billion in July alone.
Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday launched — Utkarsh 2022 – the central bank’s medium-term strategy framework in line with the evolving macroeconomic environment to
Indicating no roll back of the income tax surcharge on the super rich imposed in the budget, Finance Minister Nirmala Sitharaman on Thursday ruled out any adverse impact of it on investor confidence and said the fears of flight of capital are unfounded.