Informist, Tuesday, May 24, 2022 By Vinay Khulbe NEW DELHI – The government's measures announced on Saturday to tame galloping inflation have come as a shot in the arm for India's auto sector amid various challenges such as high raw material costs, shortage of semiconductors and low rural demand. While the excise duty cut on fuel may support sales […]
Informist, Tuesday, May 24, 2022 By Richard Fargose and Pratiksha MUMBAI – Over the past few months, the Reserve Bank of India has brought out the heavy artillery to defend the rupee, but another significant drop in its arsenal of reserves will be alarming for foreign investors, says Abhishek Goenka, founder and chief executive officer at IFA […]
Informist, Tuesday, May 24, 2022 MUMBAI – The Reserve Bank of India has enhanced limits on housing finance loans to individuals to carry out repairs, additions or alterations, the central bank said in a notification today. The ceiling on such loans has now been revised to 1 mln rupees in metropolitan centres, centres with population of 1 mln and above and 600,000 rupees in […]