GST collection at 1.5 lac crore for December

For 10 months in a row , it’s above 1.4 lac crore. Formalisation of economy is a structural trend

#India's unemployment rate rose to 8.30% in December, the highest in 16 months, from 8.00% in the previous month, data from the Centre for Monitoring Indian Economy showed on Sunday.

The government has announced it has lined up a series of millet-centric promotional activities across #India as the International Year of Millets kicks in, while noting that millets are also integral part of the #G20 meetings.

SBI Clerk Pre Result Out.
https://sbi.co.in/web/careers/crpd/clk-phase-1-2022
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Taxpayers in India:

FY14: 53M
FY15: 57M
FY16: 62M
FY17: 69M
FY18: 74M
FY19: 85M
FY20: 83M
FY21: 84M

Tax paid has gone up to 27lakh crore or $300Bn

India pays as much tax as the GDP of Pakistan

"SBI, ICICI Bank and HDFC Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), under the same bucketing structure as in the 2021 list of D-SIBs," the Reserve Bank said in a statement. #rbigradeb

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#IBPS INTERVIEW #SBI #RBI
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Higher repo rate ➜ Higher cost of borrowing for commercial banks ➜ Higher cost of borrowing for corporations ➜ Higher cost of doing business ➜ Reduced profits ➜ Reduced growth outlook (Equity markets fall, rate of economic growth slows down)