Blog

Eco Survey: FDI, IPOs, simplified rules may accelerate M&As in insurance Additional foreign direct investment inflows, initial public offerings, simplified rules, and improved corporate valuations will likely accelerate mergers and acquisitions (M&As) in the insurance sector, the Economic Survey of 2022-23 noted. The Survey points out that the highly competitive sector is already witnessing M&As ...

The Aadhaar Ecosystem in 8 points: 2023 Economic Survey| EconomicTimes [ad_1] The UIDAI The UIDAI is mandated to develop the policy, procedure, and system for issuing an Aadhaar number to each resident individual and performing authentication. It also has the responsibility to take necessary measures to ensure that the information stored is protected. [ad_2]

Bank credit for services up three-fold in Apr-Dec 22 as economy picks up Bank loans to the services sector grew three-fold to Rs 4.87 trillion in April-December 2022 from Rs 1.55 trillion in the same period last year, matching the uptick in economic activity. Credit to Non-Banking Finance Companies (NBFCs) and trade (wholesale and retail) ...

4 government pension, insurance schemes for Indians: Economic Survey 2023 [ad_1] [ad_2]

RBI partially eases curbs on SBM Bank till Mar 15 for customers’ relief The Reserve Bank of India has partially relaxed restrictions on SBM Bank India by allowing ATM/POS transactions under Liberalised Remittance Scheme (LRS) through its KYC compliant internationally active debit cards. This relaxation, available only till March 15, has been made to provide relief to ...

Your personal health expenditure is still more than the government’s, shows Economic Survey 2023 [ad_1] Despite a substantial increase in government health expenditure (GHE) over time, Indians still pay more as out-of-pocket expenditure (OOPE) when it comes to getting treatment for diseases. According to the Economic Survey 2023, the share of government expenditure in Total Health Expenditure (THE) has increased ...

Credit growth to sustain and spark virtuous cycle: Economic Survey The robust growth in credit that has been experienced over several months is expected to sustain, and along with a rise in private capital expenditure, will bring in a virtuous investment cycle, the Economic Survey for 2022-23 has said. “The credit upcycle will also be ...

Eco Survey shows jump of 26% in direct income: Does this signal tax relief in budget 2023? [ad_1] The Economic Survey 2023 says that between April to November 2022, direct taxes registered a growth of 26% year on year basis. This has been enabled by corporate and personal income tax growth. As per the survey, “The growth rates observed in ...

Reserve Bank partially relaxes restrictions on SBM Bank up to March 15 BENGALURU (Reuters) – The Reserve Bank of India (RBI) said on Tuesday it had decided to partially relax the restrictions on SBM Bank (India) up to March 15, by allowing ATM and point-of-sale transactions on internationally active debit cards issued by the bank. ...

FD investors have benefitted by only 31% of RBI repo rate hike [ad_1] The Reserve Bank of India (RBI) has been on a rate hiking spree this year. The central bank has hiked the repo rate by 2.25% till December 2022. However, if one goes by the Economic Survey 2023 data, only 31% of the hike was passed on to ...