India's headline retail inflation rate eased to a one-year low of 5.72% in December 2022 from 5.88% in the previous month, but still stays higher than FY22. Within the food inflation, vegetable prices fell the most, with the index down 12.7% in December 2022 compared to November 2022.
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Budget 2023
Budget 2023: Consumer inflation bites again
Within the food inflation, vegetable prices fell the most, with the index down 12.7% in December 2022 compared to November 2022.
People
Jet Airways’ founder Naresh Goyal can’t leave India
While Delhi High Court refused Goyal permission to fly abroad, it asked him to deposit ₹18,000 crore as guarantee if he wished to travel. Meanwhile, Vijay Mallya’s extradition suffers a setback.
New scam at PNB will delay return to profits
A ₹3,800 crore fraud will demand more provisioning in the current year, and PNB may require further capital from the government if it needs to grow its business.
Solving for the past, rooted in the present, vaulting to the future
India’s responses to competition have to be flexible, and within the framework of an ongoing conversation between the govt and all stakeholders. This Budget was a great start in that process.
The Karma Group: An inspiring journey of success
People
Jet Airways’ founder Naresh Goyal can’t leave India
While Delhi High Court refused Goyal permission to fly abroad, it asked him to deposit ₹18,000 crore as guarantee if he wished to travel. Meanwhile, Vijay Mallya’s extradition suffers a setback.
New scam at PNB will delay return to profits
A ₹3,800 crore fraud will demand more provisioning in the current year, and PNB may require further capital from the government if it needs to grow its business.
Solving for the past, rooted in the present, vaulting to the future
India’s responses to competition have to be flexible, and within the framework of an ongoing conversation between the govt and all stakeholders. This Budget was a great start in that process.
The Karma Group: An inspiring journey of success
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