concern about inflation

Greenvissage explains – July 2022 edition

Greenvissage explains, why are corporate borrowing becoming a concern amid inflation? According to the CareEdge report, bank credit has increased by INR 14.1 lakh crore over the past 12 months. The outstanding liquidity surplus has fallen from INR 4.3 lakh crore to INR 3.3 lakh crore in merely two weeks,…
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Windfall Tax

Windfall Tax – The Government’s Robinhood Act

Windfall Tax Introduction The government has imposed a windfall tax on domestic oil producers. Oil producers have recorded steep revenues in recent months amid record-high international crude oil prices. Tarun Bajaj, Revenue Secretary, has said that the windfall tax will be re-evaluated on a fortnight basis, based on foreign currency…
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