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Retail inflation concerning industrial workers have relaxed a bit by 5.09 per cent in April from 5.79 per cent in March the ongoing year in due accordance to the lower rate or certain food commodities.“
Prime Minister Narendra Modi appealed to the states to take “financially prudent decisions” during the central-state leaders meet in New Delhi on May 27 for the eighth successive meeting of the Governing Council of NITI Aayog.
The Reserve Bank of India is determined to stop issuing currency in the amount of Rs 2,000 and has ordered everyone to swap their notes by September 30, 2023. However, the Rs 2,000 notes would still be accepted as legal tender.
On Tuesday, HDFC Asset Management Company Ltd. unveiled the nation’s first mutual fund with a defence industry focus. Investors will have the chance to benefit from the defence industry’s growth potential with the establishment of the HDFC Defence Fund.
As May gets underway, a number of new financial regulations will be put into effect in the banking sector. Numerous changes, including those affecting the GST, LPG and CNG prices, and ATM regulations, will have an immediate effect on your annual budget.
A complaint has been filed by the Central Bureau of Investigation (CBI) against Oxfam India and its office holders for allegedly breaking the terms of India’s foreign fundraising regulations.
In India, Apple has finally opened its first physical location. The shop, known as Apple BKC, is situated in Mumbai’s Bandra Kurla Complex (BKC) neighbourhood. Customers will be able to explore Apple goods and services at the shop, and free Today at Apple sessions will teach them how to get the most out of their gadgets.
The business asserted that it had achieved its highest-ever revenues of Rs 13,000 crore in the fiscal year 2022–23, an increase of 113 percent year over year. According to a statement released on April 17 by M3M India, the company spent Rs 960 crore on construction costs for the projects it delivered in FY’23.
The reserves continue to be dropping as the central bank uses its funds to defend the rupee against pressures mostly brought on by international events.
Commencing from Saturday night, Torrent Gas depreciated the cost of household piped natural gas (PNG) and compressed natural gas (CNG) in seven states by Rs 4-Rs 5 per standard cubic metre and Rs 6-Rs 8.25 per kilogram, respectively.