September 30, 2022

Category: Business

Rupee weakness lowers foreign exchange reserves, exchange rate falls by up to 67 percent: RBI

Rupee weakness lowers foreign exchange reserves, exchange rate falls by up to 67 percent: RBI

Reserves stood at US$ 606.47 billion on 2 April, while it declined to US$ 537.5 billion on 23 September. This was the eighth consecutive week of decline in foreign exchange reserves. Depreciation of the exchange rate has reduced foreign exchange reserves Image credit source: Twitter The main reason for the decline in foreign exchange reserves […]

Gautam Adani, in fourth place, lost Rs 28,599 crore in one day

Gautam Adani, in fourth place, lost Rs 28,599 crore in one day

According to the Bloomberg Billionaires Index, Adani’s net worth is now $128 billion and is behind France’s Bernard Arnault. Now Adani has come down to the fourth position in the list of the world’s richest people. Gautam Adani Image credit source: Focus News Adani Group chairman Gautam Adani has dropped to the fourth position in […]

Estimates of relief in inflation due to lower crude oil prices, what will be the impact on borrowing rates going forward

Estimates of relief in inflation due to lower crude oil prices, what will be the impact on borrowing rates going forward

Inflation is estimated at 6.5 percent in the third quarter and 5.8 percent for the March quarter. The governor said that inflation will be relieved if the current normal in oil prices continues. Estimates of relief in inflation due to lower crude oil prices The Reserve Bank of India (RBI) on Friday kept its inflation […]

RBI policy: Now your home, car loan will be expensive; Find out how much EMI will increase

RBI policy: Now your home, car loan will be expensive; Find out how much EMI will increase

Increase in repo rate will make your loans like home loan, car loan etc. more expensive. Your loan EMI will increase. Now this question must be coming in your mind that how much your EMI will increase, let’s find out. Increase in repo rate will make your loans like home loan, car loan etc. more […]

Then loans will be expensive.. and EMIs will increase, Reserve Bank hiked repo rate by 0.5%

Then loans will be expensive.. and EMIs will increase, Reserve Bank hiked repo rate by 0.5%

The direct impact of repo rates is visible on the loans disbursed by banks to the common man. With today’s hike, banks may soon start announcing hikes in their lending rates EMI will increase again Focus News India Edited by: Saurabh Sharma September 30, 2022 | 10:05 am Be prepared for expensive home loans and […]

The price may increase again today, know how much the situation has changed after the last price increase

The price may increase again today, know how much the situation has changed after the last price increase

The Reserve Bank is expected to raise key rates by half a percentage point in today’s policy review, given foreign signals of rising inflation. That will make borrowing more expensive Today the rate may increase again Your loan EMI and how much is going to increase, is going to open in a few hours from […]

Air India’s fares for senior citizens and students will be reduced by half

Air India’s fares for senior citizens and students will be reduced by half

According to the airline, the fare concession will continue in 12 categories. These include army, security forces, medal winners, relatives of martyrs etc. The new rules came into effect from September 29. Air India reduced fares Air India has reduced discounts for senior citizens and students. Tata group airline Air India has halved the initial […]

Reliance launches first store in ‘Ajarte’ to compete with retailers like Zara, Mango

Reliance launches first store in ‘Ajarte’ to compete with retailers like Zara, Mango

Reliance is continuously partnering with domestic and international brands. Also, Reliance Retail plans to partner with 50-60 grocery, home and personal care brands in a year. Talks are going on about it. Reliance’s new store Ajorte opens in Bangalore (symbol image) Reliance Industries Ltd’s retail unit launched its first premium and lifestyle stores on Thursday. […]

Diversify investments amid market uncertainty, get better returns with this formula

Diversify investments amid market uncertainty, get better returns with this formula

Proper asset allocation not only reduces the risk of your money but also helps in providing higher returns. At the same time, it protects you against risk in an environment of uncertainty. Simple formula to get high returns While uncertainty remains in the stock market at the moment, economies around the world are experiencing similar […]