Tips to expand your business to foreign countries

Tips to expand your business to foreign countries

Running a business successfully is in itself an achievement in the current highly competitive market place but expanding your business to a foreign country is even bigger of an achievement. Many entrepreneurs still have doubts regarding how to...

RBI extends timeline for NBFCS to meet new NPA upgradation norms

RBI extends timeline for NBFCS to meet new NPA upgradation norms

The Reserve Bank of India on Tuesday extended the timeline by six months for NBFCs to adhere new NPA recognition norms. Earlier the regulator had set March 31 deadline for non-bank lenders to upgrade the NPAs only...

Inflation projections quite robust, says Shaktikanta Das

Inflation projections quite robust, says Shaktikanta Das

India’s inflation projections are robust and all the possible scenarios in the oil price range have been taken into account, the Reserve Bank of India governor Shaktikanta Das said after the RBI board meeting. Das said that...

Banning cryptocurrencies the most advisable solution, states RBI deputy governor

Banning cryptocurrencies the most advisable solution, states RBI deputy governor

The Reserve Bank of India's deputy governor T Rabi Sankar on Monday has said that banning cryptocurrency is perhaps the most advisable choice open to India, the news agency ANI quoted him as saying.  “We have examined the...

Impact of Inflation on Foreign Direct Investment

Impact of Inflation on Foreign Direct Investment

In a recent press release of RBI Governor, it was stated, the rise in crude oil prices, on the other hand, poses a significant upward concern to the inflation prediction. Although the continued pass-through of tax cuts linked to gasoline and...

Over 2-billion US dollar increase in currency assets pushes forex reserves to $631.9 billion

Over 2-billion US dollar increase in currency assets pushes forex reserves to $631.9 billion

The nation’s foreign exchange reserves have gained a healthy $2.198 billion to reach $631.953 billion during the week ended February 4, according to weekly RBI data. During the previous week ended January 28, the forex kitty had recorded...

Countdown for LIC IPO begins as they submit draft prospectus with Sebi

Countdown for LIC IPO begins as they submit draft prospectus with Sebi

State-owned insurer Life Insurance Corporation on Sunday filed their draft papers with stock regulator Sebi for its IPO, the secretary of Department of the Investment and Public Asset Management tweeted. The much talked about LIC IPO is set to...

No Difference Between RBI Digital Rupee and Conventional Rupee, Says the Governor Shaktikanta Das

No Difference Between RBI Digital Rupee and Conventional Rupee, Says the Governor Shaktikanta Das

Shaktikanta Das, Governor of the Reserve Bank of India (RBI), indicated on Thursday that the central bank's projected digital rupee would be launched in 2022-23. However, he elected not to speculate on a publication date. "The RBI Digital...

Ikea Invests 850 Crore to Expand Business in India

Ikea Invests 850 Crore to Expand Business in India

Ikea, the Swedish furniture and home furnishings retailer, has spent an extra 850 crore in its Indian unit as part of its aim to expand its position in this expanding market. The majority of the investment was made by Ingka Holding Overseas BV,...

Top Tips to Get an Angel Investor on Board

Top Tips to Get an Angel Investor on Board

If you are planning to start a new business or expand your current one, funds become your priority. As a small business owner, sometimes the chances are quite less of finding a traditional bank financing. Since getting the necessary capital to...

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