Business(Airlines) Air India Sale: After a 68-year hiatus, Air India will be sold to Tata Sons, with the central government approving the group’s bid. A consortium led by SpiceJet’s Ajay Singh was outbid by Tata Group.
Category Archives: Info
Monetary policy Updates : Rates remain unchanged. GDP growth is expected to be 9.5 percent in FY22, with CPI inflation expected to be 5.3 percent this fiscal year.
Economy(RBI-India) The RBI kept key policy interest rates unchanged, as expected to support a fragile economic recovery, and reiterated an accommodative stance that supports sufficient liquidity to keep borrowing costs low for both the government and businesses, thereby stimulating investment. The RBI kept its FY22 GDP growth forecast at 9.5 percent. This includes 7.9 percentContinue reading “Monetary policy Updates : Rates remain unchanged. GDP growth is expected to be 9.5 percent in FY22, with CPI inflation expected to be 5.3 percent this fiscal year.”
As the country faces a severe coal shortage, the country’s energy exchange nearly triples.
Business The stock exchange, which is almost entirely dominated by India’s electricity trading, is attracting attention as a serious coal crisis, and the government’s intention to promote reform is altering the dynamics of the country’s electricity sector. Shares of Indian Energy Exchange Ltd., a platform where electricity producers, distributors, and businesses are increasingly accessing forContinue reading “As the country faces a severe coal shortage, the country’s energy exchange nearly triples.”
Today’s RBI Monetary Policy: Will the RBI keep up the Status Quo yet again?
Banking (India) The Monetary Policy Committee (MPC) led by Reserve Bank Governor Shaktikanta Das will announce its policy decision today, October 8, at the conclusion of the 3-day bi-monthly review meeting. To support growth, the monetary policy committee is widely expected to maintain the status quo on the repo rate, but some analysts see aContinue reading “Today’s RBI Monetary Policy: Will the RBI keep up the Status Quo yet again?”
Centre grants Rs 40,000 crore to States/UTs to address GST compensation shortfall
GST compensation To offset the shortfall in goods and services tax compensation, the Centre on Thursday provided Rs 40,000 crore to the States and UTs with Legislature through a back-to-back loan facility. The total money disbursed to states now stands at Rs 1,15,000 core.
6 penny stocks with solid growth and zero debt
Share market(penny stocks-India) Penny stocks which have a decent balance sheet, low or zero debt and a track record for paying dividend can fare much better against their peers. Bull market or bear market, regardless of what cycle we’re in, people are always on the lookout for ‘cheap’ penny stocks to buy.
CSK vs PBKS Live Score, IPL 2021: Fifty for du Plessis but can he lift Chennai Super Kings with some late blows?
Sports(Cricket-IPL) IPL 2021 Live Score, CSK vs PBKS: Chennai Super Kings finished the Powerplay at 30/2 as Arshdeep Singh gave Punjab Kings two vital breakthroughs. Gaikwad scored 14 before he top edged a pull and was dismissed off Arshdeep before the left-arm pacer had Moeen Ali nicking to the keeper Chris Jordan then struck inContinue reading “CSK vs PBKS Live Score, IPL 2021: Fifty for du Plessis but can he lift Chennai Super Kings with some late blows?”
Senate Nears Short-Term Debt Ceiling Deal, Punts Further Action to December
Economy(United States-debt ceiling) After a weekslong standoff, GOP Leader Mitch McConnell offered a two-month fix to the debt ceiling and Democrats appeared ready to accept. Senate Majority Leader Charles Schumer leaves a Democratic Senate caucus meeting at the U.S. Capital on October 6, 2021 in Washington, DC. Congress has until October 18 to raise theContinue reading “Senate Nears Short-Term Debt Ceiling Deal, Punts Further Action to December”
Reliance Retail is planning to open 7-Eleven convenience stores in India.
Business(Reliance) Reliance Retail has entered into an agreement with 7-Eleven Inc of the United States to open convenience stores in India. On October 9, the first 7-Eleven store will open in Mumbai.
US Poised to Sue Contractors Who Don’t Report Cyber Breaches.
Cyber crisis (Washington DC) The Justice Department is poised to sue government contractors and other companies who receive U.S. government grants if they fail to report breaches of their cyber systems. Deputy Attorney General Lisa Monaco speaks with reporters during a news conference at the Department of Justice in Washington. Monaco said the Justice Department,Continue reading “US Poised to Sue Contractors Who Don’t Report Cyber Breaches.”
Google feature updates: From shopping and navigation to flight search, check out some interesting changes.
Technology Google has announced a ton of new features to help customers shop better, make search more useful, and even reduce the carbon footprint. Google has taken steps to make it easier, to find more information about products you seek out online. iOS users will see a button for Lens integrated right into the GoogleContinue reading “Google feature updates: From shopping and navigation to flight search, check out some interesting changes.”
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