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Explained Economics

EXPLAINED ECONOMICS NEWS

Floating rate loans: Why RBI wants proper lending conduct by banksPremium Story

August 11, 2023 9:08 pm

The RBI announced on Thursday that it will bring a framework of transparency and proper rules while resetting equated monthly instalments- (EMI-) based floating rate loans.

A lottery, gifts, or friend in trouble: What has prompted Customs to start a campaign against fraudPremium Story

August 12, 2023 7:07 am

Retired government officials, armed forces personnel, and highly-educated men and women have fallen prey to scams related to payment of Customs duty, a senior Customs official said. The Ministry of Finance has also cautioned people against such fraud attempts.

RBI’s status quo: What it means and why MPC has kept interest rate unchanged

August 11, 2023 10:35 am

Equated monthly instalments (EMIs) of home, vehicle and other loans are expected to remain steady for the time being. The inflation projection has been hiked from 5.1 per cent to 5.4 per cent for FY2024, with high food inflation.

Trends in Income Tax returns for 2022-23: Which states and income categories filed the most returns?Premium Story

August 11, 2023 10:35 am

Spike in ITR filings by the biggest earners in 2022-23, low growth in the lowest income bracket; 6.81 crore returns filed in current year until August 6; Maharashtra top state in filing of returns during last four years.

ExplainSpeaking: Inflation has already stumped the common man. Is RBI next?Premium Story

August 08, 2023 8:55 am

The key question for RBI, as it deliberates over the next three days, is: Does it expect this latest surge in inflation to be a temporary one or does it view this spike with the potential to fuel further inflation in the coming months?

Data protection Bill passed in Rajya Sabha: What it says about privacy, Centre's powers, right to infoPremium Story

August 10, 2023 2:45 pm

The Bill has retained the contents of the original version of the legislation proposed last November, including those that were red-flagged by privacy experts. Here is what the final version looks like.

Why the licensing of laptops marks a further regression in India’s trade stancePremium Story

August 10, 2023 10:40 am

India started hiking tariffs well before the largely post-pandemic mood of protectionism in the West kicked in. Also, even as it negotiates a record number of bilateral trade deals, India has chosen to stay out of important regional trading arrangements, including the RCEP.

How the Modi govt has come full circle on farm lawsPremium Story

August 09, 2023 7:32 pm

From the farm laws that tried to free agricultural trade, the Modi govt has reverted to controls and curbs. This is pretty much on the lines of an earlier short-lived experiment at decontrol, back in 1947-48 under Nehru.

How the online dispute resolution system announced by Sebi will workPremium Story

August 07, 2023 10:35 am

The new system will harness online conciliation and online arbitration for resolution of disputes arising in the securities market.

The IPO market is hot, but here’s why you should think before rushing inPremium Story

August 04, 2023 10:05 pm

Since April this year, 12 companies have raised a total Rs 12,149 crore through IPOs, according to data compiled by Prime Database. Some of the successful IPOs include Mankind Pharma, Cyient DLM Ltd, Ideaforge Tech, and IKIO Lighting.

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