RBI opens NDS-OM platform to boost retail participation in G-Sec market
The RBI move is intended to expand retail participation in the government bond market.
The RBI move is intended to expand retail participation in the government bond market.
With the fifth-largest geological coal reserves globally and as the second-largest consumer, coal continues to be an indispensable energy source, contributing to 55 per cent of the national energy mix.
Aiming to put more money in the hands of the middle class and simplify the whole filing process, the new Income Tax Bill is set to be tabled in the Parliament next week after receiving approval from the Union Cabinet.
These measures collectively aim to strengthen economic growth while maintaining fiscal discipline. On the markets front, Nifty 50 is up 1 per cent, Nifty Midcap is up 0.9 per cent and Smallcap index is up 0.7 per cent.
India is on the path to achieve $800 billion in exports in the 2024-25 fiscal for the first time, according to the government, signalling a robust economy and continued growth across sectors.
A common currency needs robust financial systems and markets, as well as strong institutional support. Not all ASEAN countries have such institutions to deal with the threats to the financial sector, which have increased in recent years. Then there is the lack of control over national monetary and fiscal policies, restricting the governments’ sovereignty and autonomy.
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) is expected to raise the policy rate ranging between 35 to 50 basis points (bps) on Friday, experts believe.
While 93 per cent of employees in India say they are productive at work, a whopping 91 per cent of leaders feel the shift to hybrid work has made it challenging to have confidence in employees being productive, a Microsoft study showed on Thursday.
To further the trade relationship between India and Myanmar around pulses, the industry body India Pulses and Grains Association (IPGA) has made a pitch for import and export between the two neighbouring countries in the Indian currency Rupee.
Fourteen Indian corporates raised Rs 35,456 crore through main board IPOs in the first half (April to September) of 2022-23, according to Prime Database.
