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The auto sector witnessed a double-digit increase across various categories, driven by strong demand for passenger vehicles, three-wheelers, and tractors
If frequent shocks of climate-induced inflation happen it would necessitate a tighter monetary policy, which is detrimental to the growth story that India is betting on.
The codes are a few years old. In 2019, the Parliament passed the Code on Wages. The Social Security Code, Industrial Relations Code and the Code on Occupational Safety, Health and Working Conditions were passed in the following year.
This initiative is crucial as only seven nations have endorsed the current model text, with many developed countries expressing reservations, particularly regarding dispute resolution provisions
Soon, PPI wallet holders on platforms like MobiKwik, Google Pay, PhonePe and Amazon Pay will be able to link their wallets to other third-party UPI apps and make payments.
In equity mutual funds, you can expect a return of up to 12% in the long term. EPF has an interest rate of 8.25% for the financial year 2023-24. PPF offers 7.1% annually, bank FDs offer 7 to 8%, while the Sukanya Samriddhi Yojana offers an interest rate of 8.2%. You need to choose an investment option that can beat inflation.
This is for the first time in recent years that the Income Tax department has enabled taxpayers to file their I-T returns on the first day of the new financial year
HDFC Mutual Fund, India’s third largest fund house, in a notice informed about the decision. It, however, did not assign any reason for stopping the lumpsum investments
Interestingly, in its Trends and Progress report for 2022-23, the RBI has said that the consolidated balance sheet of SFBs expanded at a pace faster than scheduled commercial banks during 2022-23, notwithstanding some moderation during the year.
A few other prominent startups are also exploring big funding deals. These entities are Meesho, Zepto Pocket FM which is an audio streaming platform. There is a feeling among industry experts that the number of deals will rise in the days to come.