Foreign investors have pulled out more money from India this year than they brought in between 2009-2021. Foreign institutional investors (FIIs) have pulled out 2,15,000 crores in 2022 from India while in comparison of 2021, it was 91,000 crores. Experts believe that the withdrawal of capital is likely due to concerns about global economic conditions, […]
Inflation is expected to start softening by July 2022 on the back of diminishing unfavourable base effect particularly in food articles and liquidity drain as RBI has increased the repo rate by a significant 40bps recently, said the industry body PHD Chamber of Commerce and Industry in a press statement issued here today. Monetary tightening […]
Cryptocurrency owners have a variety of options for increasing their savings and increasing their investments. Crypto financing has only been around for a few years, but it is already causing a stir. Previously, users could only earn by trading their coins or holding them on the Quantumai website. They may now borrow and lend Cryptocurrency […]
What comes to mind when we speak of inflation and its impact on real estate especially on housing demand? Real estate is not a commodity like rice or petrol, which immediately reacts to inflationary trends. Yet, it is an accepted fact that inflation negatively impacts property prices. Most people imagine inflation and its effect on […]
With inflation edging higher in the aftermath of the Russia-Ukraine war and the surging oil prices, the RBI took a tough unscheduled decision – to increase the repo rate by 40 bps, bringing them to 4.40%. Overall, this was expected, as inflation has definitely moved into the threatening zone. Unfortunately, for home buyers, this hike […]
India’s growth trajectory will remain highest among the leading economies in 2022-23 supported by various dynamic reforms undertaken by the government during the last two years, said Mr. Pradeep Multani, President, PHD Chamber of Commerce and Industry in a press statement issued here today. India is expected to attract a US $ 100 billion FDI […]
As per CoinMarketCap, Bitcoin dipped over 8% in the past week. The new tax laws severely impacted cryptocurrency. While the 30% tax on crypto came into effect on April 1, the 1% TDS deduction will take effect from July. The first week of April witnessed a negative impact on BNB, Bitcoin, Shiba Inu, Ethereum, Litecoin, […]
After rejecting the three farm laws, the Indian farm reforms deserve a second chance. Last week, the three laws revoked in late 2021 were re-established with significant farmer support by a Supreme Court-appointed panel. Furthermore, the benefits of an open market are yet to be experienced by the farmers. A second chance for Indian farm […]
The US and its allies have issued trade and economic sanctions against the Russian economy. The sanctions are a measure to aid Ukraine to avoid a nuclear confrontation between NATO and Russia. However, many wonder if the trade and economic sanctions against Russia are risky. Furthermore, these sanctions actively damage users requiring clarity on deployment […]
The crypto industry loosened up as the European Parliament rejected a clause in MiCA. Furthermore, the crypto industry weighs the pros and cons of PoW vs. PoS. The clause in Markets in Crypto Assets (MiCA) would have banned PoW protocol-based cryptocurrencies, including bitcoin. However, Solana and Cardano stand on PoS, where miners can “stake” cryptocurrencies […]
