Economy

PSU general insurers book ₹26,364 cr loss for health portfolio in last 5 years
All four public sector insurers incurred losses of ₹26,364 crore in the health insurance portfolio for the last five years ...
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Smartworks picks up 7 lakh sq. ft. office space in Bengaluru
Smartworks is an enterprise workspace platform with operations in Hyderabad, Bengaluru, Noida, and Pune. The company has a mandate to ...
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Reserve Bank of Australia Central Bank testing CBDC cryptocurrency
It will involve the development of a limited-scale CBDC pilot that will operate in a ring-fenced environment It will involve ...
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Cantillon effect - The Hindu
The Cantillon effect refers to the idea that changes in the money supply in an economy causes redistribution of purchasing ...
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Parliamentary proceedings | Profit of oil companies increased manifold: Centre tells Rajya Sabha
LPG price increased only by 41.5% while Saudi Contract Price had increased by 207% from 2020 to 2022: Minister LPG ...
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Banks cannot perennially rely on RBI money to support credit offtake: Das
RBI Governor Shaktikanta Das on Friday said banks cannot perennially rely on the central bank's money to support credit offtake ...
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Is the declining rupee a crisis or an opportunity?
There is an expectation of further depreciation, which can lead to further capital outflows There is an expectation of further ...
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Economy is an island of macroeconomic and financial stability, says RBI Governor Shaktikanta Das
Shaktikanta Das said country's current account deficit will be manageable and the central bank has the ability to manage the ...
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RBI increases lending rate by 50 basis points
The increase in the key policy rate is seen as RBI’s measure to tame the inflation. The increase in the ...
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Jack Dorsey's Block slows hiring, investment as Bitcoin plunge slams earnings
The former Twitter CEO’s company Block will slash its 2022 investment target by $250 million The former Twitter CEO’s company ...
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