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Reserve Bank of India (RBI) governor Shaktikanta Das said the monetary policy committee (MPC) will be guided by “what’s happening on the ground” at its June meeting and added that he expects retail inflation to ease further in May from April’s 4.7%.
Central and state goods and services tax officials have detected about 10,000 fake GST registrations in the first week of a joint drive. The officials are conducting door-to-door physical verification of addresses before initiating any action, people aware of details said.
The Directorate of Enforcement (ED) carried out searches at 25 sites linked to offshore registered online gaming companies and websites operating in India for alleged forex violations in a nationwide crackdown.
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