consultantsreview logo

Consultants Review Magazine

RBI Allows Banks to Hike Interchange Fees for ATM Transactions

RBI Allows Banks to Hike Interchange Fees for ATM Transactions

The Reserve Bank of India (RBI) approved an increase in the interchange fees per transaction using automated teller machines (ATMs) for financial transactions from 15 to 17 on Thursday. The costs for non-financial transactions have been raised...

Icra projects the GDP growth at 8.5 percent in FY22

Icra projects the GDP growth at 8.5 percent in FY22

With decline in the number of fresh COVID-19 cases and easing of restrictions, the country’s gross domestic product (GDP) will grow at 8.5 per cent in FY2021-22, according to credit rating agency Icra Ratings. It expects the gross value...

Pandemic curbs hit labour market and Jobless rate at 13%

Pandemic curbs hit labour market and Jobless rate at 13%

The labour market is in its worst condition since the nationwide lockdown in the months of April and May 2020, the Centre for Monitoring Indian Economy said in a report. As per CMIE data, the unemployment rate that reached 11.9 per cent in May,...

Top Trending Applied Sciences in the Energy Market

Top Trending Applied Sciences in the Energy Market

As we are approaching the end of what has been a tough 6 months, with COVID-19 disrupting lives and economies across the world. The energy market was greatly affected by the pandemic as well, and lockdowns may need to be extended till the end of...

What does an Employer and Employee need to know about EPFO

What does an Employer and Employee need to know about EPFO

Employee Provident Fund (EPF/PF) is an initiative by the Government savings fund scheme for employees for the future. This is where the employee gets a contribution of 12% of the basic salary plus DA also and PF is mandatory for all employees....

Automakers look to Expand Production Rate as lockdowns relax

Automakers look to Expand Production Rate as lockdowns relax

India’s top passenger vehicle makers plan to start expanding capacities as lockdown is relaxed on hopes that sales will start to recover as Covid-19 count begins to decline and states start unlocking slowly, stated the...

High Net-Worth Individuals Navigates Tax Structures amid hike of Pandemic to take Business and Family Abroad

High Net-Worth Individuals Navigates Tax Structures amid hike of Pandemic  to take Business and Family Abroad

Several high net-worth individuals (HNI) and promoters have started the process of moving out their businesses and families to the United Arab Emirates (UAE), Singapore, and the United Kingdom even as the second Covid wave shows signs of subsiding...

Exports grow by 52.4% to hit 7.7 billion US Dollars in first week of June

Exports grow by 52.4% to hit 7.7 billion US Dollars in first week of June

India’s merchandise exports hit 7.71 billion US dollars in the first week of June, raising expectations that they will remain buoyant for the fourth month in a row. Exports have remained above $30 billion for three consecutive months...

India is One of the Few Economies that Witnessed Growth for Two Quarters in a Row, Says the Reports

India is One of the Few Economies that Witnessed Growth for Two Quarters in a Row, Says the Reports

India is now one of the few economies in the world to have had positive year-on-year growth in the previous two quarters, as the country's GDP increased by 1.6 percent in the January-March quarter of fiscal 2021. According to the Department of...

Inflows into equity Mutual Funds race to a 14-month high

Inflows into equity Mutual Funds race to a 14-month high

Mutual fund investors continued to pump money into equity schemes, lifting stock markets to record highs, despite the challenges triggered by the second wave of the pandemic. Net inflows into equity mutual fund schemes raced to a 14-month high...

Magazine Current Issue