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Learn about Cash Reserve Ratio and Statutory liquid Ratio. It is important to know the difference and how RBI uses it effectively.

Good evening in another business and economic news update
Dec 14 2021
1. TCS (Tata consultancy services) revenue from BFSI vertical (Banking, Financial,Services and Insurance) is likely to touch $10b (billion) by the end of current financial year 2021-22.
2. As inflation rises, RBI may be forced to raise interest rate in the near future. WPI(wholesale price index) inflation surged to 14.23% recently.
Learn about concept of inflation and understand India’s inflation rate over past 3 years.
3. GAIL(Gas authority of India limited) plans to import India’s first and largest ELECTROLYSER for producing green hydrogen within a year.
Learn about what is electrolyser and why Green hydrogen will help india?

See you all in next edition

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Business and Commercial News pinned «Shri Piyush Goyal is the Minister of (select all that apply)»

Business and Commercial News pinned «Which is India’s top company in Market capitalization?»

Hello everyone . Economics news for Dec 12 2021
1. Flipkart group had 60% market share in Diwali festival sales.
Can you all find out what is the total sales they could have made during Diwali? Research and find out.
2.Government of India tax collection has improved by 30% to pre pandemic levels which means economy is growing in right direction. This is driven by Digitisation of economy and growth in sectors like technology, pharmaceutical and FMCG(fast moving consumer goods)
3. What are renewables? Read about them like Solar energy, wind energy , hybrid power. These new energy solutions are creating new opportunities for business, employment and revenue.

Welcome to new subscribers . Keep reading daily snippets when u find time

Learn more about the news with your research

This week business news
1. India had many successful IPO in this financial year including Zomato, Barbeque Nation, Easy trip planners and Kalyan jewelers.
2. Nobel price winning economist Michael Spence says that Mobile internet in India is enabling inclusive growth and opening up new markets.
3. As per Ministry of State Finance . Minister Pankaj Chaudhary informed parliament that India has fourth largest foreign exchange reserves in the world.
4. As of SEP 2021 Rs.52,000 crore of GST compensation was due to states which included Maharashtra 5441 Crores and Tamilnadu 4943 crores.

We had our first live stream today in our news round up this week. 3 listeners were in the call.

Live stream finished (9 minutes)

Live stream started

Spread the word about this channel and looking forward to see u all live stream at 5pm today.