ECONOMY, MONEY & MARKETS

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Signs-You-Spiralling-Down-Debt-Hole-Economy-Money-Markets-Business-DKODING
Signs that you are spiralling down the dangerous debt hole

For a large section of people, particularly the salaried class, debt is unavoidable. However, borrowing irresponsibly can land you in trouble.

Modi-Govt-New-Jobs-Data-Lawyers-CAs-Economy-Money-Markets-Business-DKODING
How Indian government derives its job data?

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.

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3 things India can do to beat economic slowdown

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.

After-SBI-More-PSU-Banks-Link-Deposit-Loan-Rates-To-Repo-Economy-Money-Markets-Business-DKODING
More PSU banks link deposit and loan rates to RBI’s repo

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.

Sensex-Crashes-Nifty-Sinks-Economy-Money-Markets-Business-DKODING
Media, metal stocks tumble as Sensex crashes 485 points

Sensex crashes 485 points, Nifty sinks below 11,000 as media, metal stocks tumble.

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Markets bounce back from critical levels, Nifty closes above 11,100 mark

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-Announced-New-Finance-Secretary-Economy-Money-Markets-Business-DKODING
Rajiv Kumar announced as new Finance Secretary

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.

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India’s Stock Markets are heading towards doom

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.

RBI-Governor-Shaktikanta-Das-Utkarsh-2022-Economy-Money-Markets-Business-DKODING
RBI Governor launches ‘Utkarsh 2022’ to evolve macroeconomic environment

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

Tax-Super-Rich-FM-Nirmala-Sitharaman-Economy-Money-Markets-Business-DKODING
Govt firm on its stand to tax super rich: Nirmala Sitharaman

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.

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