macro Govt again hikes windfall tax on petroleum crude to ₹9,600 per tonne Notably, diesel and aviation turbine fuel will remain unaffected and maintain a zero windfall tax rate By fortuneindia.com
macro Rate cuts in India are now off the table: Morgan Stanley A strong growth trend domestically, driven by capex and productivity, implies that rates could be higher for longer, says Morgan Stanley By fortuneindia.com
macro Banks cannot slip in extra charges beyond KFS: RBI Applies to all new retail and MSME term loans sanctioned from October 1 onwards. By Shabeeh Azeem
macro Southwest monsoon rains to be above-normal: IMD IMD forecasts above-normal rainfall during monsoon. By fortuneindia.com
macro Indian real estate PE deal value plummets 30% to $3.7 billion: Anarock Anarock Capital revealed that FY21 marked the highest value of PE deals in the past five years, reaching $6.4 billion. By fortuneindia.com
macro Goods exports dip 3% in FY24, imports fall faster The increase in export of services from India is expected to compensate for the decline in merchandise exports. By Joe Mathew
macro Wholesale inflation rises to 0.53% in March The country’s wholesale price index in March stood at 151.8. The wholesale price index stood at 151.2 for February and January. By fortuneindia.com
macro Lok Sabha Elections 2024: ₹100 cr seized each day since March 1, says EC Election Commission has seized over ₹4,650 cr so far; seizure this time marks a sharp increase from over ₹3,475 crore during 2019 LS polls By fortuneindia.com
macro Middle East crisis: Air India grounds Tel Aviv flights, skirts Iranian airspace The new flight paths are longer and will increase operational costs for carriers, potentially leading to higher airfares. By Shabeeh Azeem
macro Senior citizens' deposits more than doubled to ₹34 lakh cr in 5 yrs; here's why Increase in deposit rates, higher interest rate differential for senior citizens and special deposit schemes propel a "tectonic shift" in deposit accretion for senior citizens, says SBI Research By fortuneindia.com