Author: Ishika.Dhabuwala

RBI has set up new set of rules and regulations which might seem to cause some financial institutions, companies and banks to increase some home loan EMIs, which causing an impact, becomes a constraint for the borrowers from the eligibility of taking loans. Introduction to cause and effect What does new rules and regulations include?New norms of RBI in terms of interest rates Instructions given by the RBI Conclusion  Introduction to cause and effect As RBI’s action of implementation of new rules on the basis of loans, has significantly reduced the eligibility of the borrowers. The action undertaken by the central bank has…

It is expected that the gold will stay under the pressure in international markets amid the situation of a strong dollar index (DXY), and high range of US bond yields, with significant impact on the local prices, additional to the resume of trading in the next week.  Views and opinions of the experts Data and statistics (in figures)Power of US Dollar and other instruments over Gold Views and opinions of the experts Anuj Gupta is an expert in the Head Commodities and currency at HDFC Securities, who gave the statement that gold has been losing its intriguity over fears of inflanatory…

As the festive season approaches, domestic consumer passenger vehicles sales are all set to experience a boost. The top car manufacturers of India include, Maruti Suzuki, Ashok LeyLand, Hyundai Motor Company, Tata Motors, Mahindra and Mahindra, Kia Corporation, Toyota Motor Corportaion, Honda, Renault, MG Motor, and Skoda Auto. Of all the corporations, Maruti Suzuki is the major dominant in the automobile industry, having a market share of 44.2 percent. Hyundai Motors and Tata motors are second and third leading car manufacturers after Maruti Suzuki, with market share of 14.5 percent and 13.2 percent respectively.  Introduction to vehicles’ sales What say do…

The government of India has plans to reduce the excise duty on petrol and diesel in order to curb inflation. After the decision of the government to import wheat from Russia to curb food inflation, the government is all onto this new step to spread the range of facing inflation and creating a bigger impact.  Introduction Inflation and excise duty on fuels What impact will cutting of excise duty cause? Figurative summary Introduction In many parts of India, in the current times, the prices of petrol and diesel have been hovering over the mark of Rs 100 per litre. With the international…

The talks have been going around that mention India to consider imports from russia, which is more than just Crude oil. India is rumoured to import wheat from Russia, at a discounted rate amid the increasing global food prices and tackle food inflation. Although, behind the background, the challenges of food inflation are to be taken care of ahead of upcoming state elections and general elections 2023.  Introduction to global challenges How would wheat imports help?More about the wheat stock/ inventory Figurative Summary of wheat in India  Introduction to global challenges experts and economists have a say that they do not expect…

Hyundai Motors is a South Korean company, and an automobile giant in India, which is all set to buy the unit of another automaker, General Motors which is operating in the state of Talegaon in Maharashtra, made this specific announcement on Wednesday, 16th August, 2023.  Introduction The Agreement between the companies Achievements of Hyundai Motors Background of the General Motors and the agreement  Introduction The top car manufacturers of India include, Maruti Suzuki, Ashok LeyLand, Hyundai Motor Company, Tata Motors, Mahindra and Mahindra, Kia Corporation, Toyota Motor Corportaion, Honda, Renault, MG Motor, and Skoda Auto. Of all the corporations, Maruti Suzuki is the…

The Reserve Bank of India (RBI), on 11 August, 2023, Friday, set a coupon rate of 7.18 percent on a government bond. These government bonds can be categorised under the broad section of government securities, or termed as G-Sec.  They can be issued by both Central government body, as well as State Government. The bonds with State Government as the issuer, are also renowned as State Development Loans or SDLs As the government issues bonds to finance the expenditure and obligations, the tenure of these bonds may vary as much as three years to 40 years.  Decision by the Centre What…

The monetary policy meeting and discussions was held by the Reserve Bank of India (RBI), in the month of August. Certain aspects were discussed and decisions were made public accordingly.  Decisions of Monetary Policy Committee India and the global growth Causes of the Decisions by the committee Achievements and milestones India has bagged  Decisions of Monetary Policy Committee The commitee met on 8th, 9th and 10th of August. After detailed deliberation on all relevant aspects, the committee came to the decision to unanimously keep the policy repo rate unchanged at 6.5 percent. Additionally, the standing deposit facility, SDF rates, stand at 6.25 percent,…

The Tata Consultancy Service (TCS) has been selected by the Centre or the government as their strategic partner to transform the Government e-marketplace (GeM).  The platform is under the ownership of GeM SPV (Special Purpose Vehicle), which is a Government owned NPO, (non profit company/organisation), undet Ministry of Commerce and Industries.   What does Government e-Marketplace mean?GeM Partnership with TCS Tata Consultsncy Services (TCS)Aims of the TCS into this project  What does Government e-Marketplace mean? The Government e-marketplace or the GeM is an end to end platform of goods and services, operating online for central bodies and state government bodies, including the…

On Monday, 7th July, 2023, the Adani Energy Solutions Limited (AESL) made an announcement of financial closure for their $1 billion worth green high voltage direct current, acronymed to HVDC link project in Mumbai. About the Adani HVDC Project Why has the project preferred HVDC What are the benefits of the projectOverlook on funding of the project Conclusion  About the Adani HVDC Project It will be enhancing greening of the Mumbai Grid by pumping supply of more renewable power into the city and meeting its rising electricity demand, in accordance to the statements made by the Company in the press release. The construction…