ProfitNama

ProfitNama

8 June 2024

Foreign Exchange Reserves Climb to Record $651.5 Billion

Explore how India’s record foreign exchange reserves bolster economic stability and impact various industries. Source and Citation: Based on financial data and comments by RBI Governor Shaktikanta Das as reported by ET Bureau on June 8, 2024. TLDR For This Article: India’s foreign exchange reserves reached a record $651.5 billion, showcasing strong economic resilience and […]

Foreign Exchange Reserves Climb to Record $651.5 Billion Read More »

A Caution for Microfin Lenders Over Charging Usurious Rates

An in-depth analysis of RBI’s recent warnings to microfinance lenders about high interest rates and its implications. Source and Citation: Based on recent regulatory actions by the Reserve Bank of India as discussed in an article from ET Bureau, June 8, 2024. TLDR For This Article: The RBI has warned microfinance institutions against charging excessively

A Caution for Microfin Lenders Over Charging Usurious Rates Read More »

No Rate Cut Seen in August Either, but Enough Signs of a Shift in Stance

Explore how the RBI’s decision to possibly maintain interest rates affects industries and investor strategies. Source and Citation: Based on economic insights and forecasts discussed in an article from June 8, 2024, by mc govardhana rangan. TLDR For This Article: While the RBI may not cut rates in August, signs indicate a potential shift to

No Rate Cut Seen in August Either, but Enough Signs of a Shift in Stance Read More »

Stock Disclosure Rules for Yellow Peas Tightened as Importers Refuse to Sell

Explore how new stock disclosure rules for yellow peas imports in India affect the pulses industry and investors. Source and Citation: Analysis is based on recent changes in stock disclosure requirements reported by ET Bureau on June 8, 2024. TLDR For This Article: India’s government tightens stock disclosure rules for yellow peas imports to stabilise

Stock Disclosure Rules for Yellow Peas Tightened as Importers Refuse to Sell Read More »

Better Planning Can Check Delays in Infra Creation: Tata Projects

Explore how enhanced planning in infrastructure projects can drive efficiencies and impact industries and investors. Source and Citation: Analysis is based on statements from Vinayak Pai, CEO of Tata Projects, as reported by ET Bureau on June 8, 2024. TLDR For This Article: Vinayak Pai of Tata Projects emphasises the need for better initial planning

Better Planning Can Check Delays in Infra Creation: Tata Projects Read More »

Budget to Indicate Policy Priorities of Coalition Govt, says Moody’s

Dive into how India’s upcoming Union Budget reflects new coalition government policies and impacts industries and investors. Source and Citation: Analysis is based on insights from Moody’s Analytics as reported by ET Bureau on June 8, 2024. TLDR For This Article: Moody’s Analytics highlights the upcoming Union Budget as a key indicator of the new

Budget to Indicate Policy Priorities of Coalition Govt, says Moody’s Read More »

error: Content is protected !!
Scroll to Top