The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) meeting began in Mumbai today and will run until December 6, with decisions announced on December 6. The meeting comes amid economic challenges, including lower-than-expected GDP growth, high inflation, and…
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India’s consumer price inflation is forecasted to stay above 5 per cent in 2024. This persists despite lower vegetable and protein prices in November. Rural food consumption and imported inflation are significant factors. Government support through Direct Benefit Transfers has…
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India’s services sector maintained robust growth in November. There was a significant rise in prices, the highest in over a decade. Despite this, strong demand led to increased business sentiment and record hiring. New orders from both domestic and international…
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Union Minister Jitendra Singh highlights family businesses’ pivotal role in achieving India’s vision of a USD 5 trillion economy by 2047. Contributing over 70 percent to the GDP, their share is expected to rise to 80-85 percent. Government initiatives and…
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Systematic Withdrawal Plan (SWP) – What is it & How It Works? Investing in mutual funds has grown increasingly popular over the years due to the flexibility and diverse options they offer. One such versatile tool in mutual funds is…
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The Bengaluru-based Unacademy, valued at $3.4 billion in 2021, will likely be merged with Allen; founders expected to exit. The edtech company has around $160 million of cash in the bank but revenues have been flat after the highs of…
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