Investing in mutual funds is a popular way for individuals to grow their wealth through professional management and diversification. However, for those new to mutual funds, the process can be overwhelming and mistakes can be costly. Here are three common…
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The Reserve Bank of India’s Annual Report for 2023-24 underscores India’s strong FDI inflows and the stability of the Indian Rupee, despite global economic uncertainties. These achievements reflect robust macroeconomic fundamentals and increased investor confidence in the Indian economy, the…
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RBI’s income increased 17.04% Y-o-Y to Rs 2.75 trillion. The increase was mainly due to profit from foreign exchange sales.
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he outlook for the Indian economy remains bright, backed by a sustained strengthening of various macroeconomic fundamentals, robust financial and corporate sectors, said Reserve Bank of India in its annual report published on Thursday.
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Irrespective of the election results it expects the incoming government to carry on economic reforms to support the growth vigour, continued infrastructure investment drive, and commitment to fiscal consolidation.
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The Indian government’s fiscal deficit could be slightly lower than revised estimates of 5.8% of GDP due to robust revenues and lower subsidy outgo. Tax revenues could exceed the revised estimate by ₹27,000 crore. The fiscal deficit in absolute terms…
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