Lowering India’s interest rates for the first time in the last 57 months, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) on Friday unanimously cut the repo rate by 25 basis points (bps) to 6.25%, to support fading growth in the hope of inflation easing to 4.4% in this quarter and […]
Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman presented the Union Budget 2025-26 in Parliament . Here is the summary of her budget: NO INCOME TAX ON AVERAGE MONTHLY INCOME OF UPTO RS 1 LAKH; TO BOOST MIDDLE CLASS HOUSEHOLD SAVINGS & CONSUMPTION SALARIED CLASS TO PAY NIL INCOME TAX UPTO ₹ 12.75
The National Critical Mineral Mission (NCMM) is an initiative launched by the Government of India to enhance the country’s self-reliance in critical minerals essential for various high-tech and clean energy applications. These minerals, including lithium, cobalt, nickel, copper, and rare earth elements, are vital for manufacturing technologies such as electric vehicles, wind turbines, and advanced
To understand these terms that are announced by the Reserve Bank of India (RBI), let’s break them down: Liquidity: OMO (Open Market Operations): Variable Rate Repo (VRR) Auction: USD/INR Buy/Sell Swap Auction: Impact of These Measures: Why Is the RBI Taking These Measures? The RBI’s measures aim to inject liquidity, maintain financial stability, and support
A stock split is a corporate action where a company increases the number of its outstanding shares by dividing each existing share into multiple shares. This is done without changing the company’s overall market capitalization. For example, in a 1:2 stock split, every 1 existing share is split into 2 shares, effectively doubling the number
The Production Linked Incentive (PLI) scheme is an initiative by the Government of India aimed at boosting domestic manufacturing, reducing imports, and promoting exports by providing financial incentives to companies. Keeping in view India’s vision of becoming ‘Atmanirbhar’, Production Linked Incentive (PLI) Schemes cover 14 key sectors with an outlay of Rs. 1.97 lakh crore
REITs (Real Estate Investment Trusts) are investment vehicles that own, operate, or finance income-generating real estate. They allow individuals to invest in real estate assets without directly owning physical properties. REITs pool funds from investors to buy and manage properties like shopping malls, office buildings, residential apartments, hotels, warehouses, and more. REITs work similarly to
Recently, I read news on Economic times that publishes, HSBC India Manufacturing Purchasing Managers’ Index declined to 56.5 in November, compared with 57.5 the previous month. So I thought lets dig deep into this macroeconomic event today. HSBC India Manufacturing Purchasing Managers’ Index (PMI) The HSBC India Manufacturing Purchasing Managers’ Index (PMI) is an economic
On December 20, Indian equity markets ended on a weak note as broad-based selling dragged the indices lower. The Sensex plummeted by 1,176.46 points (1.49%) to close at 78,041.59, while the Nifty shed 364.2 points (1.52%), finishing at 23,587.50. Sectoral indices across the board turned red, with realty stocks leading the decline, losing 4%. Auto,
Why Indian Stock Markets Slumped on December 20: Key Factors Explained Read More »
