The net direct tax collections represent 104.46 per cent of the revised estimates of Rs 9.05 lakh crore of direct taxes for fiscal 2020-21
India's retail inflation touched a four-month high in March, owing to a spike in food and fuel prices.
The Coronavirus resurgence in India has raised concerns that the economy's recovery could be derailed,Oxford Economics' latest report has said.
The adjustments incorporate fiscal-monetary dynamics, India's unique and often chaotic fuel pricing regime, and exchange-rate fluctuations and their impact on balance of payments
External commercial borrowings are simply commercial loans that are raised by eligible resident entities from recognised non-resident entities according to the Reserve Bank.
The RBI Governor said that the positive externalities of G-SAP 1.0 operations need to be reflected in those segments of the financial markets that rely on the G-sec yield curve as the main pricing benchmark
Mukesh Ambani, who is also Asia's richest person, was closely followed by Adani Group chief Gautam Adani, having a net worth of Rs 5,050 crore.
It can be noted that the RBI had announced a six-month moratorium in the early days of the national lockdown last year to help borrowers impacted by a chilling in economic activity.
The central bank has the mandate to maintain inflation at 4 per cent, with an upper and lower tolerance band of 2 per cent for the next five years
The Nikkei/IHS Markit Services Purchasing Managers' Index fell to 54.6 in March from 55.3inFebruary but held above the 50-mark separating growth from contraction."
As the biggest buyer of the greenback in the forwards market, the RBI is effectively funding some of the trading profits.
Meanwhile, the RBI Governor kept the key rates unchanged amid concerns that rising Covid infections could derail the country's nascent economic recovery
RBI Monetary Policy Highlights: RBI Governor Shaktikanta Das-led Monetary Committee maintained the status quo for the fifth time in a row, keeping the key lending rates unchanged
RBI Monetary Policy: All economists surveyed by Bloomberg as of Monday expect the six-member Monetary Policy Committee to keep the repo rate unchanged at 4 per cent
All economists surveyed by Bloomberg as of Monday expect the six-member Monetary Policy Committee to keep the benchmark repurchase rate unchanged at 4 per cent on April 7