Among the items for which duty hike is being considered are private jets, helicopters, high-end electronic items, plastic goods, jewellery, high-gloss paper, and vitamins.
The struggling crypto sector, which saw trading volumes crash 90 per cent after the introduction of the VDA tax last year, expects friendlier policies from the Finance Minister in this year’s Union Budget
The GNPAs, which touched a peak in FY18 following the asset quality review, have been declining sequentially to reach 5 per cent in September, the RBI said in the 'Trends and Progress of Banking in India' report for FY22 released on Tuesday
Justice BV Nagarthana said that it is not here to decide on the merits or demerits of economic and/or financial decisions while adding that the Reserve Bank of India (RBI) is the bulwark of the Indian economy.
Sumant Sinha has called for bringing down interest rates for the industry, especially for the domestic renewables sector, which is seeing high rates of 8-10 per cent compared to 3-4 per cent in the western markets
In July this year, the centre hiked gold import duty to 15 per cent from 10.75 per cent to check the current account deficit (CAD) and rising import of the yellow metal
