Bhubaneswar: The Repo Rate has been increased to 40 bps by the Monetary Policy Committee (MPC) of the Reserve Bank. So it has reached 4.4 per cent. Notably, Repo Rate is the rate at which loans are granted to the commercial banks of the RBI in case of a shortage of funds. It is also…
Bhubaneswar :Business sustainability of AlcoBev manufacturers is becoming a challengeon account of runaway inflation, no price increase to suppliersfor the past 6 years, high rate of taxation and hike in ethanol price. The International Spirits & Wines Association of India (ISWAI), an authoritative voice of the Indian Premium Alcoholic Beverage Industry, todayappealed to the state government of…
