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India’s headline retail inflation rate fell to a three-month low of 6.77% in October from 7.41% in previous months with a favorable base effect, data from the Ministry of Statistics and Program Implementation showed on 14 of November. At 6.77%, the latest Consumer Price Index (CPI) inflation reading is broadly in line with expectations. According …
Although several cases of electric bicycle fires have been detected in recent months, nothing prevents this segment of vehicles from gaining momentum. Although still in its infancy, property and casualty insurers are turning to this segment and recognizing its growth potential. Major insurers such as Bajaj Allianz General and HDFC ERGO have established dedicated portals …
There is little less than a day and a half left before the deadline for submitting the Income Tax return (ITR). The deadline, July 31, is fast approaching. Meet this deadline if you don’t want to pay late fees, default interest on taxes owed, and lose other benefits of filing the ITR before the due …
What is the first thing that comes to mind when inflation rises? Fruit and vegetable prices? Maybe fuel costs too. While discussions about the cost of lemons, tomatoes, and potatoes have been all the rage, there are other areas where inflation has consistently affected over time. The cost of education is one of those areas …
By the way, the monsoon season is not considered the best time to buy a house or property. With mortgage lending rates rising, and indeed in general, many homebuyers who were on the fence now face a dilemma: it’s now or never. Here are some things to keep in mind when looking for an apartment. …
The term “financial freedom” or “financial independence” can mean different things to different people. For some, this may mean having enough financial resources to cover their living expenses, while for others it may mean having enough money to meet their financial goals or life choices. Financial freedom can also mean reducing debt. Take these steps …
Rising oil prices due to the war in Ukraine have pushed up inflation in India, which needs monetary tightening and measures to address structural weaknesses to improve growth potential, a senior IMF official said. The country’s economy is expected to grow 8.2% in 2022-23, down 0.8 percentage points, said Anne-Marie Gulde-Wolf, acting director of the …
As small and medium-sized businesses build more complex portfolios that combine public and private assets, they need to take a comprehensive view of all investments in order to quickly assess risk and make informed decisions. For some organizations, a more complex portfolio may mean the quick addition of public and private debt, bank loans, real …