Economic Update May 2022

Economic Update May 2022

Economic Update: RBI took an unscheduled monetary policy decision on 4th May to increase interest rates for the first time in last three years; Repo rate is increased by 40 bps to 4.40% and CRR is increased by 50 bps to 4.50%. Urgency in increasing the rates in an...

Economic Update April 2022

Economic Update: India’s GST collection has hit all-time high of Rs. 1.42 Lakh Crore in March as economic activity has improved. State wise also, almost all the states have recorded healthy rise over March 2021 numbers. India’s core sector growth was four month high...

Economic Update March 2022

Russo Ukrainian Conflict: On the 24th of February, 2022, Russia launched a wide-ranged military attack on Ukraine. Russia announced that it had carried on a “special military operation” in eastern Ukraine to protect the people in the predominantly Russian-speaking...