Plan according to th...Ā ā¢Ā 6m
it will increase because the consumption rate has been fallen down due to which there's a impact on country growth rate coming down and we are heading towards 5 trillion economy. so there may be cut off in personal tax rates.
Pursuing CMA. Talks...Ā ā¢Ā 6m
The Reserve Bank of India (RBI) reduced the repo rate by 25 basis points to 6.25%, the first rate cut in nearly five years. What is the repo rate? Itās the rate at which the RBI lends money to commercial banks. A lower repo rate means cheaper loans
See MoreFounder - Burn Inves...Ā ā¢Ā 2m
Everyone was expecting the rate cut to stop at 5.75%, but the RBI went a step further and brought it down to 5.5% People on floating interest rates are definitely celebrating now. Plus, the extra push on liquidity this time is a really positive move.
Daily Learnings...Ā ā¢Ā 1y
About Rates in the market... To strike a balance in market, the RBI has to consider all economic factors and carefully set the key rates. Any imbalance in these rates can lead to economic chaos: 1)Repo Rate:-The rate at which RBI lends money to oth
See MoreTrying to do betterĀ ā¢Ā 2m
š¢ **RBI MPC Delivers "Hat-trick" Rate Cut; Shifts Stance to 'Neutral'** The Reserve Bank of India (RBI) today announced its bi-monthly monetary policy outcome, with significant decisions impacting the Indian economy. **Key Announcements & Insights
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Indian household debt has skyrocketed, reaching Rs 120 trillion in March 2024, a 56% increase since June 2021. This has pushed the debt-to-GDP ratio to 42.9%, raising concerns about consumer spending. With housing loans comprising 30% and vehicle
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