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THE SPECTRE OF A POST-COVID-19 WORLD
04, Apr 2020
|
Miscellaneous
Context: In many parts of the world, borders are closed, airports, hotels and businesses shut, and school cancelled. These unprecedented measures are tearing at the…
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INDIA’S DEFENCE EXPORT -IMPORT
03, Apr 2020
|
Economics
Why in News? Based on the latest estimates released by the Stockholm International Peace Research Institute (SIPRI) in the period between 2009-13 and 2014-18, Indian…
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ELECTRONIC MANUFACTURING SCHEME
03, Apr 2020
|
Schemes
Why in News: The government has recently notified three Electronic Manufacturing Scheme involving total incentives of around Rs 48,000 crore for Electronics Manufacturing. About: The…
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BATTLE TO SET OIL PRICES
03, Apr 2020
|
Economics
Context: The global economy, grappling with the COVID-19 pandemic, is now facing an energy war, with crude oil prices crashing in the international market. Crude…
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COVID-19: MEASURES BY RBI
02, Apr 2020
|
Economics
Context: The Reserve Bank of India (RBI) has announced measures to fight economic disruptions caused by COVID19, including extension of the realisation period of export…
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WAYS AND MEANS ADVANCE SCHEME
02, Apr 2020
|
Schemes
Why in News? The Government has recently hiked Ways and Means Advance (WMA) limit with the Reserve Bank of India (RBI) by 60%. Highlights: The…
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RBI INTRODUCES “FULLY ACCESSIBLE ROUTE (FAR)”
01, Apr 2020
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Economics
Why in News? In the Union Budget, it has been announced that certain specified categories of government securities would be opened fully for non-resident investors…
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COMPANIES FRESH START SCHEME, 2020
01, Apr 2020
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Schemes
Why in News? Ministry of Corporate Affairs introduces the “Companies Fresh Start Scheme, 2020” and revised the “LLP Settlement Scheme, 2020” to provide relief to…
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KERALA SOUGHT RELAXATION OF FRBM RULES
31, Mar 2020
|
Budget
Why in News? To help fund the emergency relief package, Kerala proposes to borrow ₹12,500 crore from the market and has urged the Centre to…
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COAL CAPACITY PIPELINE DECLINES IN INDIA
30, Mar 2020
|
Economics
Why in News? The latest report ‘Boom and Bust 2020:Tracking the Global Coal Plant Pipeline’ which is the fifth annual survey of the coal plant…
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LOCKDOWN AND THE AGRI SECTOR
30, Mar 2020
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Economics
Context: COVID-19 and the 21-day lockdown to contain it, has brought all the sectors of the economy to a standstill. During such lockdowns, it is…
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RBI CUTS RATES, ALLOWS LOAN MORATORIUM
28, Mar 2020
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Banking
Why in News? To ease impact of lockdown, RBI reduced the repo and reverse repo rates and the EMIs deferred for three months. About the…
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INDIAN RED CROSS SOCIETY AND COVID-19
28, Mar 2020
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Miscellaneous
Context: Recently, President Ramnath Kovind exhorted the collective strength of the society and urged Governors, LGs and Administrators to mobilise volunteers of Indian Red Cross…
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RBI REGULATION FOR PAYMENT AGGREGATORS AND PAYMENT GATEWAYS
27, Mar 2020
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Banking
Why in News? The Reserve Bank of India recently released guidelines for regulating payment aggregators and Payment Gateways. About Payment Aggregators and Payment Gateways: Payment…
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MSP FOR MINOR FOREST PRODUCE
27, Mar 2020
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Schemes
Why in News? According to experts, the Union government’s ‘mechanism for marketing of minor forest produce (MFP) through minimum support price (MSP) and development of…
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DOUBLE TROUBLE FOR THE AUTO SECTOR
25, Mar 2020
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Economics
Context: The auto sector, which has been grappling with multiple challenges over the past year, is headed for tougher times due to the COVID-19 outbreak.…
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INSURANCE COVER FOR A PANDEMIC
23, Mar 2020
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Insurance
Context: In case if a person gets infected by COVID-19, he/she must have a comprehensive health insurance plan to cover Hospitalisation expenses. How to secure…
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INDIA BECOMES 3RD LARGEST PRODUCER OF ELECTRICITY
21, Mar 2020
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Economics
Why in News? As per the Key World Energy Statistics 2019 published by the International Energy Agency, India has been ranked as the 3rdlargest producer…
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GLOBAL UNEMPLOYMENT AMIDST COVID-19
20, Mar 2020
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Growth, Development, National
Why in News? The International Labour Organization (ILO) has recently said that the COVID-19 pandemic will drastically increase global unemployment, leaving up to 25 million…
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INDIA NOT OBLIGATED TO IMPLEMENT WTO’S DISPUTE PANEL RECOMMENDATIONS
20, Mar 2020
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Economics
Why in News? As per the reply of Commerce and Industry Minister in Lok Sabha, India is under no obligation to implement the recommendations of…
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RBI TO INFUSE RS. 10,000 CRORE VIA OMO
19, Mar 2020
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Banking
Why in News? The Reserve Bank of India (RBI) has decided to infuse ₹10,000 crore liquidity in the banking system by buying government securities through…
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RBI GUIDELINES TO REGULATE PAYMENT AGGREGATORS AND GATEWAYS
18, Mar 2020
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Economics
Why in News? The Reserve Bank of India has recently released guidelines for regulating activities of Payment Aggregators and Payment Gateways functioning in India. What…
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SHORTFALL – DEFENCE FUND
17, Mar 2020
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? Parliamentary Standing Committee on Defence has recently shown concern at the widening gap between projections and allocations in the defence budget. Key…
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UNNAT BHARAT ABHIYAN
17, Mar 2020
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Schemes
Why in News? Ministry for Human Resource Development (MHRD) has submitted the information related to the Unnat Bharat Abhiyan (UBA) recently. Unnat Bharat Abhiyan (UBA):…
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AIR INDIA SALE: 100% FDI BY NRIS
14, Mar 2020
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Context: Recently, the cabinet approved 100 percent Foreign Direct Investment (FDI) in Air India by foreign entities/NRIs under the automatic route. Earlier, the FDI limit…
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RAJYA SABHA NOD FOR VIVAD SE VISHWAS BILL
14, Mar 2020
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Taxes and Taxation
Why in News? Recently, the Parliament has passed an amendment to the ‘Direct Tax Vivad se Vishwas Bill, 2020’ in order to widen its scope to…
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MASKS, SANITISERS NOW ESSENTIAL COMMODITIES
14, Mar 2020
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Agriculture, ignorance, subsidy, marketing
Why in News? The Centre recently brought masks and hand sanitisers under the Essential Commodities Act, 1955 (EC Act) in the wake of COVID-19 outbreak.…
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AT-1 BONDS
14, Mar 2020
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Capital Market
Why in News? Recently, the Reserve Bank of India (RBI) has made a proposal to write-down Additional Tier-1 (AT-1) bonds as part of the SBI-led…
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IBC (AMENDMENT) BILL, 2020
13, Mar 2020
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Economics
Context: Recently, the Indian parliament passed amendments to the insolvency law that will help safeguard successful bidders of insolvent companies from the risk of criminal…
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WOMEN IN WORKFORCE
11, Mar 2020
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Miscellaneous
Context: According to a statement by the non- government organisation Azad Foundation - women workforce in the country fell to 18 per cent in 2019…
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MICRO-IRRIGATION HIT BY LACK OF FUNDS
11, Mar 2020
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Agriculture, ignorance, subsidy, marketing
Why in News? The prevailing economic slowdown appears to have affected the implementation of the projects to provide drip and sprinkler implements to farmers in…
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#SHEINSPIRESUS
10, Mar 2020
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Miscellaneous
Context: Prime Minister of India on 8th March 2020 marked International Women’s Day by handing over control of his social media accounts to seven women…
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STATUS OF GOVERNMENT SCHOOLS IN INDIA
10, Mar 2020
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Schemes
Why in News? The Parliamentary Standing Committee on Human Resource Development (HRD) recently submitted its report on the 2020-2021 demand for grants for school education…
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MADRAS HC DISMISSES M. P’S PLEA ON GI TAG FOR BASMATI RICE
10, Mar 2020
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Agriculture, ignorance, subsidy, marketing
Why in News? The Madras High Court has set aside the State of Madhya Pradesh and the Madhya Shetra Basmati Growers Association plea to restrict…
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YES BANK CRISIS
07, Mar 2020
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Banking
Context: Recently, the Reserve Bank of India (RBI) on March 5 imposed a moratorium on the private sector lender Yes Bank, limiting withdrawal of deposits…
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DISABILITY PENSION
07, Mar 2020
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Schemes
Why in News? Recently, the government has withdrawn a circular, that had directed banks to deduct income tax on pension and disability benefits provided to…
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THE ECONOMIC IMPACT OF CORONAVIRUS
05, Mar 2020
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Growth, Development, National
Why in News? The outbreak of Corona virus in China and its spread to neighbouring countries has been having a devastating impact on the various…
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ROAD SAFETY IN INDIA
04, Mar 2020
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Context: The 3rdGlobal Ministerial Conference on Road Safety “Achieving Global Goals 2030” was held February this year, where the conference aimed to chart future strategic…
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PUSHING THE WRONG ENERGY BUTTONS
04, Mar 2020
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Context: In the backdrop of the recent visit of the US President to India, the joint statement highlighted the setting of up of 6 nuclear…
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CORONAVIRUS: IMPACT ON TRADE
03, Mar 2020
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Economics
Context: Recently, the OECD in its Interim Economic Outlook, has warned that the coronavirus presents "greatest danger" to the world economy since the times of…
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TECHNICAL TEXTILES MISSION
29, Feb 2020
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Industries, Textile, E -Commerce, Pharma, Service
Why in News? The Cabinet Committee on Economic Affairs (CCEA) has approved the setting up of a National Technical Textiles Mission at a total outlay…
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DAIRY SECTOR IN INDIA
29, Feb 2020
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Agriculture, ignorance, subsidy, marketing
Context: The Cabinet Committee on Economic Affairs, has given its approval for upward revision of interest subvention to 2.5% per annum under the scheme Dairy…
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EASE 3.0 FOR TECH-ENABLED BANKING
28, Feb 2020
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Banking
Why in News? Finance Minister Nirmala Sitharaman has recently launched Ease 3.0 for tech-enabled to change the customer’s experience at the Public Sector Banks (PSBs).…
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INVESTMENT IN RESEARCH AND DEVELOPMENT (R&D)
24, Feb 2020
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Budget
Why in News? In an effort to stimulate investment in research and development (R&D), the Department of Science and Technology is mooting a fund that…
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ONE IN THREE PAYMENTS FOR MATERNITY BENEFIT SCHEME CREDITED TO WRONG ACCOUNT
24, Feb 2020
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Schemes
Why in News? The progress report on Poshan Abhiyan released by Niti Aayog recently has flagged the failure of Aadhaar-based payments under Pradhan Mantri Matru…
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DEDICATED FREIGHT CORRIDOR
22, Feb 2020
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? The World Bank has offered to give financial assistance to the last remaining portion of the Eastern Dedicated Freight Corridor (EDFC) between…
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RESTRUCTURING CROP INSURANCE SCHEMES
21, Feb 2020
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Agriculture, ignorance, subsidy, marketing
Why in News? Recently, the Union Cabinet has approved the revamp of the Pradhan Mantri Fasal Bima Yojana (PMFBY)and the Restructured Weather Based Crop Insurance…
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IMPORTED FOOD INFLATION
21, Feb 2020
|
Economics
Why in News? Is food inflation in India influenced by global price movements? On account of certain evidences it appears that international inflation influences domestic…
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CONSUMER CONFIDENCE SURVEY (CCS)
19, Feb 2020
|
Growth, Development, National
Why in News? Recently, the Reserve Bank has released the results of the January 2020 round of its Consumer Confidence Survey (CCS). About Consumer Confidence…
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DIRECT TAX VIVAD SE VISHWAS BILL, 2020
17, Feb 2020
|
Taxes and Taxation
Why in News? The Union Cabinet has recently approved an amendment to the ‘Direct Tax Vivad se Vishwas Bill, 2020’ in order to widen its…
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TELECOS ASKED TO PAY AGR DUES IMMEDIATELY
15, Feb 2020
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Industries, Textile, E -Commerce, Pharma, Service
Why in News? The Supreme Court has recently ordered the MDs and directors of few major telecoms to pay their AGR dues immediately. What is…
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USTR TAKES INDIA OFF DEVELOPING COUNTRY LIST
14, Feb 2020
|
WTO, Industrial Economics
Why in News? India has been recently removed from the Developing country list by the United States Trade Representative. About USTR: To harmonise U.S. law…
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BLUE REVOLUTION
13, Feb 2020
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Agriculture, ignorance, subsidy, marketing
Why in News? Realizing the immense scope for the development of fisheries and aquaculture, the Government of India has restructured the Central Plan Schemes under…
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OIL SEEDS PRODUCTION
13, Feb 2020
|
Agriculture, ignorance, subsidy, marketing
Why in News? Country needs 25 million tonnes of edible oils to meet its requirement at current consumption level of 19 kg per person per…
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PROTECTED SPECIAL AGRICULTURE ZONE
10, Feb 2020
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Agriculture, ignorance, subsidy, marketing
Why in News? Chief Minister of Tamil Nadu recently announced that the Cauvery delta regionwould be declared as Protected Special Agriculture Zone. What is a…
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THE AIRCRAFT (AMENDMENT) BILL, 2020
08, Feb 2020
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Context: Recently, the Union Government introduced a bill in the Lok Sabha to amend the Aircraft Act, 1934. This Act pertains to control of the…
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SOIL HEALTH CARD SCHEME
07, Feb 2020
|
Agriculture, ignorance, subsidy, marketing
Why in News? In the second phase of the scheme’s implementation, 11.69 crore Soil Health Cards were distributed to farmers in Two Years. Soil Health…
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PURIFIED TEREPHTHALIC ACID (PTA)-ABOLISHED
06, Feb 2020
|
Taxes and Taxation
Context: Recently, the government has abolished anti-dumping duty on a chemical called Purified Terephthalic Acid (PTA). It was also being mentioned by the Finance Minister…
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Budget 2020-21 – Social Sector and Infrastructure
05, Feb 2020
|
Economics
Why in News? The Union Budget 2020-21 has been presented in the parliament recently. The key provisions related to the Social Sector and infrastructure sector…
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EDUCATION & ASPIRING INDIA
04, Feb 2020
|
Miscellaneous
Context: In the Union Budget 2020, Finance Minister Nirmala Sitharaman has suggested speedy implementation of the new education policy and several other measures. The budget…
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FINANCE COMMISSION
04, Feb 2020
|
Budget
Why in News? The report of the Fifteenth Finance Commission, along with an Action Taken Report, was tabled in Parliament. The Commission, headed by N.K…
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DIVIDEND DISTRIBUTION TAX (DDT)
03, Feb 2020
|
Budget
Why in News? Finance Minister announced abolition of DDT to be paid by companies in her budget speech. DDT: A dividend is a return given…
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INSURANCE COVER ON BANK’S DEPOSIT
03, Feb 2020
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Banking
Why in News? Finance Minister has recently proposed to increase the limit of insurance cover in case of Bank Failure on deposits to ₹5 lakh…
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PUBLIC PROCUREMENT POLICY & E-AUCTION
01, Feb 2020
|
Investments, Investment models
Context: Public Procurement policy aims at incentivizing production linked through local content requirements, thereby encouraging domestic manufacturers’ participation in public procurement activities over entities merely…
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ECONOMIC SURVEY AND ITS IMPORTANCE
01, Feb 2020
|
Economic Survey, Reports
Why in News? One day before the Union budget, the Chief Economic Adviser (CEA) of the country releases the Economic Survey. The Economic Survey for…
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CHEMICAL RIPENING FRUITS-POISONING
01, Feb 2020
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Agriculture, ignorance, subsidy, marketing
Context: Recently, the Delhi High Court has observed that use of chemicals to ripen fruits amounts to poisoning the somebody. Artificial Ripening of Fruits: Ripening…
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ORGANISED MANUFACTURING TO BOOST JOB GROWTH
31, Jan 2020
|
Industries, Textile, E -Commerce, Pharma, Service
Why in News? There have been several reports, both official and by independent academics, that have painted a dark picture on the jobs front. A…
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PRIVATE TRAINS IN INDIA
31, Jan 2020
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Context: NITI Aayog and Indian Railways have come out with a discussion paper for running 150 trains on 100 routes by private operators. The recommendations…
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TIME TO PRIORITISE EDUCATION AND HEALTH
31, Jan 2020
|
Growth, Development, National
Why in News? In the backdrop of current economic slowdown, few eminent economists have been prescribing investments in human capital formation in order to spur…
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AIR INDIA DISINVESTMENT
29, Jan 2020
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? The Government has kicked off the complete disinvestment process of Air India for the second time after it failed to receive a…
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THE AVIATION TROUBLE
28, Jan 2020
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Context: Indian aviation industry is staring at a fresh crisis. Recently, low-cost carrier GoAir temporarily suspended some flights, as its A320neo planes are Facing Frequent…
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ENSURING WATER SECURITY
25, Jan 2020
|
Schemes
Context: Recently, the operational guidelines for Jal Jeevan Mission (JJM) has been released. The initiative aims to provide Functional Household Tap Connections (FHTC), to every…
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IS ‘MAKE IN INDIA’ A FAILURE
20, Jan 2020
|
Schemes
Context: Five years later, as we brace for another Union Budget, it would be appropriate to take stock of the much-hyped initiative which is on…
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INTEGRATED ROAD ACCIDENT DATABASE (IRAD)
18, Jan 2020
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? Recently, the government has launched a Central Accident Database Management System. About Integrated Road Accident Database (IRAD): It has been developed by…
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ANNUAL STATUS OF EDUCATION REPORT (ASER) 2019
18, Jan 2020
|
Growth, Development, National
Why in News? Recently, the Non-Governmental Organization (NGO) Pratham’s Annual Status of Education Report 2019 has flagged poor learning outcomes in schools. About ASER 2019:…
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COAL MINING AND ITS INVESTMENTS
10, Jan 2020
|
Investments, Investment models
Why in News? Recently, the Union Cabinet has approved the ordinance that amends the Mines and Minerals (Development and Regulation) Act, 1957 and the Coal…
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INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (LIQUIDATION PROCESS) (AMENDMENT) REGULATIONS, 2020
09, Jan 2020
|
Banking
Why in News? The Insolvency and Bankruptcy Board of India (IBBI) amended the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016. Amendments: The…
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MAINTENANCE AND WELFARE OF PARENTS AND SENIOR CITIZENS (AMENDMENT) BILL, 2019
08, Jan 2020
|
Schemes
Why in News? The Maintenance and Welfare of Parents and Senior Citizens (Amendment) Bill, 2019 has been referred to the Standing Committee on Social Justice…
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2ND NATIONAL GST CONFERENCE
08, Jan 2020
|
Economics
Why in News? The 2nd National GST Conference was held for streamlining the GST system. Highlights: The 2ndNational GST Conference of the Commissioners of State…
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UJALA AND SLNP
08, Jan 2020
|
Schemes
Why in News? The Government of India’s UJALA & Street Lighting National Programme (SLNP) complete five successful years. UJALA: Unnat Jyoti by Affordable Lighting for…
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PRADHAN MANTRI FASAL BIMA YOJANA (PMFBY)
07, Jan 2020
|
Insurance
Why in News? Maharashtra has become the first state in the country to integrate its land records with the web portal of the Pradhan Mantri…
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WEIGHING IN ON THE PUBLIC SECTOR PRIVATISATION DEBATE
02, Jan 2020
|
Industries, Textile, E -Commerce, Pharma, Service
Context: While there is justification in selling loss-making units, the situation is more difficult to understand in the case of profit-making entities. Different Modes of…
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YEAR END REVIEW 2019 – MINISTRY OF ROAD TRANSPORT & HIGHWAYS
02, Jan 2020
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Major initiatives of the Ministry of Road Transport & Highways in 2019: National Electronic Toll Collection (NETC) program: The Ministry of Road Transport and Highways…
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NATIONAL INFRASTRUCTURE PIPELINE
02, Jan 2020
|
Economics
The Government has recently released a report of the “Task force on National Infrastructure Pipeline” for 2019-2025. The government has also released its outline to…
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KERALA TOPS NITI AAYOG’S SDG INDEX
31, Dec 2019
|
Growth, Development, National
Why in News? Kerala tops states in progress towards UN Sustainable Development Goals, while Bihar is at the bottom of recently released NITI Aayog's SDG…
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NEED A DIFFERENT APPROACH TO ADDRESS CHILD MALNUTRITION
31, Dec 2019
|
Schemes
Why in News? Though National Family Health Survey-4 (NFHS-4) shows an encouraging improvement in child nutrition, the world level rankings on child nutrition draws a…
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30% OF POSHAN ABHIYAAN FUNDS USED
30, Dec 2019
|
Schemes
Why in News? The State governments and the Union Territories utilised a mere 30% of the funds released under the Poshan Abhiyaan, or the National…
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FINANCE MINISTER LAUNCHES EBKRAY FOR ONLINE AUCTION OF ASSETS ATTACHED BY BANKS
30, Dec 2019
|
Banking
Why in News? Finance Minister Nirmala Sitharaman discussed banking issues with chiefs of Public Sector Banks (PSBs), chief executive of Indian Banks’ Association and representatives…
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PROTECTING MINORS/CHILDREN IN CONFLICT WITH LAW
30, Dec 2019
|
Schemes
Why in News? In the backdrop of protests against the Citizenship (Amendment) Act, 2019, a number of minor under the age of 18 have been…
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FREE TRADE AGREEMENT WITH THE EURASIAN ECONOMIC UNION
28, Dec 2019
|
WTO, Industrial Economics
Why in News? Russia is hopeful of India concluding a new Free Trade Agreement with the Eurasian Economic Union(EAEU). Eurasian Economic Union (EAEU): The Eurasian…
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GROSS NPAS MAY RISE, SAYS RBI REPORT
28, Dec 2019
|
Economics
Why in News? According to an RBI report, the gross non-performing asset (GNPA) ratio of banks may increase to 9.9% by September 2020 from 9.3%…
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A COMPLETE OVERHAUL OF INDIAN RAILWAYS
28, Dec 2019
|
Economics
Why in News? India has the fourth largest railway network in the world. It has come a long way since 1950-51 in terms of number…
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ATAL BHUJAL YOJANA
27, Dec 2019
|
Schemes
Why in News? Prime Minister Narendra Modi launched the Atal Bhujal Yojana to strengthen the institutional framework for participatory groundwater management and bringing about behavioural…
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“TREND AND PROGRESS OF BANKING IN INDIA 2018-19”
27, Dec 2019
|
Banking
Why in News? The RBI has recently released "Trend and Progress of Banking in India 2018-19". This Report presents the performance of the banking sector…
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NO PARKING, NO CAR: NATIONAL GREET TRIBUNAL
26, Dec 2019
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Context: The National Green Tribunal asked the authorities of 122 cities (which lack ambient air quality), including Delhi, to curtail registration of vehicles if they…
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SWADESH DARSHAN SCHEME
25, Dec 2019
|
Industries, Textile, E -Commerce, Pharma, Service
Why in News? The Cabinet approves the release of funds for 10 projects of the Swadesh Darshan Scheme sanctioned in 2018-19. Swadesh Darshan Scheme: The…
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DO RBI’S INFLATION TARGETING REALLY PROMOTES INDIA’S GROWTH?
24, Dec 2019
|
Economics
Why in News? Indian Economy is being through a slowdown, and in this scenario, the efficacy of RBI’s Inflation targeting process has come under criticism,…
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NATIONAL POPULATION REGISTER (NPR)
23, Dec 2019
|
Schemes
Why in News? The Kerala Government has recently decided to put on hold to all proceedings for updating the National Population Register (NPR). About NPR:…
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NATIONAL FOOD SECURITY MISSION (NFSM) – OILSEEDS AND OIL PALM
21, Dec 2019
|
Agriculture, ignorance, subsidy, marketing
Why in News? The Government is implementing the National Food Security Mission (NFSM) – Oilseeds and Oil Palm to increase production of oilseeds and domestic…
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OPERATION TWIST
21, Dec 2019
|
Banking
Why in News? Recently, RBI has planned to conduct “Operation Twist”. About Operation Twist: Operation Twist is actually a move that is used by U.S…
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SILVER LINE RAILWAY PROJECT
20, Dec 2019
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? The Ministry of Railways granted in-principle approval for the ‘Silver Line’ project, a proposal of the Kerala government that involves laying of…
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ONE NATION ONE RATION CARD SCHEME
20, Dec 2019
|
Schemes
Why in News? The Centre has designed a standard format for ration cards as it moves ahead with ‘one nation, one ration card’ initiative and…
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DOES INDIA UNDERGOES STAGFLATION?
19, Dec 2019
|
Inflation
Why in News? The recent deceleration in the economic growth and sharply rising inflation, there is a growing murmur about India facing stagflation. What is…
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COMPREHENSIVE LACTATION MANAGEMENT CENTRES
17, Dec 2019
|
Miscellaneous
Why in News? Breast Milk Banks in India are known as Comprehensive Lactation Management Centres (CLMC) and Lactation Management Unit (LMU) depending on the level…
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MINISTRY OF SKILL DEVELOPMENT SKILLS BUILD PLATFORM IN COLLABORATION WITH IBM
16, Dec 2019
|
Investments, Investment models
Why in News? India is the 4thcountry where Skills Build platform was launched in November 2019, in alliance with the Directorate General of Training (DGT),…
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DIVERSION OF LPG CYLINDERS FOR COMMERCIAL USE
13, Dec 2019
|
Schemes
Why in News? The Comptroller and Auditor General (CAG), in its report on the Pradhan Mantri Ujjwala Yojana (PMUY), have highlighted the risk of diversion…
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CABINET APPROVES AMENDMENT TO IBC CODE
13, Dec 2019
|
Economics
Why in News? The Union Cabinet has recently approved certain crucial amendments to the IBC code, 2016 through Insolvency and Bankruptcy (Second Amendment) Bill, 2019.…
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PARTIAL CREDIT GUARANTEE SCHEME
13, Dec 2019
|
Economics
Why in News? The Union Cabinet has recently approved the Partial Credit Guarantee Scheme for the benefit of the banks and NBFCs. Background Info: Over…
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INFRASTRUCTURE INVESTMENT TRUST (INVIT)
13, Dec 2019
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? Recently, Cabinet authorises NHAI to set up Infrastructure Investment Trust About InvIT: It will be established as a Trust, named as ‘InvIT…
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MISSION FOR INTEGRATED DEVELOPMENT OF HORTICULTURE (MIDH)
11, Dec 2019
|
Agriculture, ignorance, subsidy, marketing
Why in News? Information about the MIDH was provided by the Union Minister of Agriculture and Farmers’ Welfare in the Lok Sabha. MIDH: The MIDH…
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PROTECTION OF PLANT VARIETIES AND FARMERS’ RIGHTS AUTHORITY AMENDS IT’S FAQ DOCUMENT
11, Dec 2019
|
Schemes
Why in News? The government has decided to set up an expert committee revise the FAQ document of the Protection of Plant Varieties and Farmers’…
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FATAL FIRES: THE NEED FOR STRICT SAFETY NORMS
11, Dec 2019
|
Miscellaneous
The Discovery and use of firemay be regarded as the beginning of civilization. Anthropologist Claude Levi-Straus said that ‘primitive people became different From Animals when they…
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PALESTINE-INDIA TECHNO PARK
09, Dec 2019
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? The Representative of India to Palestine released third tranche of funding, worth $3 million, for the construction of a Palestine-India Techno Park.…
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KALIA SCHEME
09, Dec 2019
|
Schemes
Why in News? Odisha government has decided to merge its KALIA Scheme with centre’s PM-KISAN Scheme recently. About KALIA Scheme? KALIA or “Krushak Assistance for…
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A POTENTIAL SEEDBED FOR PRIVATE PROFITS
07, Dec 2019
|
Schemes
Context: Seeds Bill 2019 which was introduced in the parliament was taken up for consideration recently. The earlier versions of the Bill, in 2004 and…
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GUIDELINES FOR “ON TAP LICENSING” OF SMALL FINANCE BANKS
07, Dec 2019
|
Economics
Context: The RBI has recently released the Guidelines for “on tap Licensing” of Small Finance Banks in the Private Sector. What is On-Tap Licensing? An…
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RBI KEEPS INTEREST RATES UNCHANGED
06, Dec 2019
|
Inflation
Why in News? The Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided to keep the interest rate unchanged at 5.15% in…
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INITIATIVES FOR PROMOTING LEATHER INDUSTRY
06, Dec 2019
|
Industries, Textile, E -Commerce, Pharma, Service
Why in News? The government aims at the development of infrastructure for the leather sector, address environment concerns specific to the leather sector, facilitate Additional…
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FUGITIVE ECONOMIC OFFENDERS
06, Dec 2019
|
Schemes
Why in News? A special court on Thursday declared absconding Nirav Modi, prime accused in the Punjab National Bank scam, a fugitive economic offender (FEO).…
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GOVERNMENT PROCURED ONLY 3% OF OILSEEDS AND PULSES UNDER PM-AASHA
05, Dec 2019
|
Agriculture, ignorance, subsidy, marketing
Why in News? Data from Agriculture Ministry has indicated that only less than 3% of this season’s sanctioned amount of pulses and oilseeds have actually…
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BHARAT BOND EXCHANGE TRADED FUND
05, Dec 2019
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Investments, Investment models
Why in News? The Cabinet Committee on Economic Affairs (CCEA) has given its approval for creation and launch of Bharat Bond Exchange Traded Fund (ETF).…
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RATNA STATUS TO CPSES
05, Dec 2019
|
Industries, Textile, E -Commerce, Pharma, Service
Why in News? The criteria laid down by the Government for grant of Maharatna, Navratna and Miniratna status to Central Public Sector Enterprises (CPSEs) is…
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PEDESTRIAN DEATHS IN ROAD ACCIDENTS
04, Dec 2019
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? The Ministry of Road Transport & Highways has formulated a multi-pronged strategy to address the issue of road safety based on Education,…
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THE TRANSGENDER PERSONS (PROTECTION OF RIGHTS) BILL, 2019
04, Dec 2019
|
Schemes
Why in News? Rajya Sabha has recently passed “The Transgender Persons (Protection of Rights) Bill, 2019” without any Amendments. About Transgenders: Transgender community includes Hijras,…
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STOP THE BRUTALITY: THE RAPE CULTURE IN INDIA
03, Dec 2019
|
Miscellaneous
The recent issue of rape in Hyderabad has triggered an intense debate on sexual violence, and the punishment that should be meted out to perpetrators.…
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WHO IS A FARMER?
02, Dec 2019
|
Economics
Why in News? Union Agriculture Minister has failed to answer the question regarding the definition of farmer, when it was asked in Parliament last week.…
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INDUSTRIAL RELATIONS CODE BILL, 2019
30, Nov 2019
|
Industries, Textile, E -Commerce, Pharma, Service
Context: The Industrial Relations Code Bill, 2019 bill has been recently introduced in the Lok Sabha. Background: As a part of its ease of doing…
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GDP GROWTH PLUNGES TO 4.5%
30, Nov 2019
|
Growth, Development, National
Why in News? The government has announced that Growth in the gross domestic product (GDP) in the July-September quarter hit a 25-quarter low of 4.5%.…
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OPERATION BLACKBOARD COMES HOME IN TELANGANA
27, Nov 2019
|
Schemes
Why in News? Over 41,000 women in Telangana’s Sangareddy district can now fell the power of the written word after learning the alphabet for the…
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HELPING 10-YEAR-OLDS TO READ BY 2030
26, Nov 2019
|
Growth, Development, National
Context: India has been successful in increasing access to school, but now the focus must shift to quality. Global Learning Crisis: For most children, turning…
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GDP SLUMP WILL HIT $5-TRILLION ECONOMY TARGET
23, Nov 2019
|
Growth, Development, National
Why in News? NITI Aayog has warned the Government that GDP slump will hit $5-trillion economy target. What did NITI Aayog said? The nominal GDP…
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THE INDUSTRIAL RELATIONS CODE BILL, 2019
22, Nov 2019
|
Industries, Textile, E -Commerce, Pharma, Service
Why in News? The Union Cabinet on Wednesday approved The Industrial Relations Code Bill, 2019. About the Bill: The Industrial Relations Code Bill, 2019 proposes…
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SPIKE IN INDIAN ROAD ACCIDENTS
20, Nov 2019
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? The Ministry of Road Transport and Highways recently released the annual report on road accidents in India. What does the Report Say?…
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HOUSEHOLD CONSUMER EXPENDITURE SURVEY
19, Nov 2019
|
Economics
Why in News? Govt has scrapped this year’s NSOs Consumer Expenditure survey Over Data Quality. Consumer Expenditure Survey: The Consumer Expenditure Survey (CES) is usually…
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MATERNITY SCHEME REACHES ONLY ONE-THIRD OF BENEFICIARIES
19, Nov 2019
|
Schemes
Why in News? Researchers assert that extrapolation of RTI data show only 31% of eligible mothers got benefits. About Maternity Benefit Scheme: Pradhan Mantri Matru…
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DEPOSIT INSURANCE COVER TO BE RAISED?
19, Nov 2019
|
Insurance
Why in News? The central government now plans to raise the cover of deposit insurance after the failure of the Punjab and Maharashtra Co-operative (PMC)…
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SUPREME COURT’S JUDGMENT ON ESSAR’S INSOLVENCY CASE
18, Nov 2019
|
Banking
Why in News? The Supreme Court has recently given its judgement in the Essar Insolvency case that has paved the way for ArcelorMittal and Nippon…
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BASE YEAR IN GDP CALCULATIONS
14, Nov 2019
|
Economics
Why in News? At a time when India is facing an economic slowdown in GDP growth the Ministry of Statistics and Programme Implementation announced that…
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SHRINKAGE IN IIP RECORDED THE LOWEST IN 8 YEARS
12, Nov 2019
|
Industries, Textile, E -Commerce, Pharma, Service
Why in News? According to official data released recently, Industrial activity in September contracted sharply by 4.3%, a historical low, driven by major slowdowns in…
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STEEL SCRAP RECYCLING POLICY
11, Nov 2019
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? Ministry of Steel has issued the Steel Scrap Recycling Policy. Background: Steel Ministry’s endeavor is to develop a globally competitive steel industry…
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MOODY DOWNGRADES INDIA’S RATING
09, Nov 2019
|
Growth, Development, National
Why in News? Global ratings agency Moody's Investors Service has recently cut India's ratings outlook to 'negative' from 'stable' but affirmed the Baa2 foreign-currency and…
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RBI PANEL MOOTS TIGHTER NORMS FOR CICS
08, Nov 2019
|
Banking
Why in News? In 2018, Infrastructure Leasing and Financial Company (IL&FS), a core Investment company (CIC) with over 300 subsidiaries, defaulted on its payment following…
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ALTERNATIVE INVESTMENT FUNDS (AIFS)
08, Nov 2019
|
Investments, Investment models
Why in News? The Union Cabinet has recently approved the creation of an Alternative Investment Fund (AIF) of Rs. 25,000 crores for the realty sector.…
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ADJUSTED GROSS REVENUE (AGR) IN TELECOM SECTOR
05, Nov 2019
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? In a strongly-worded order, the Supreme Court of India upheld the Department of Telecom (DoT)’s interpretation of “adjusted gross revenue” (AGR). This…
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“GLOBAL MICROSCOPE 2019: THE ENABLING ENVIRONMENT FOR FINANCIAL INCLUSION REPORT”.
05, Nov 2019
|
Banking
Why in News? The Economist Intelligence Unit has released the 2019 edition of “Global Microscope: The enabling environment for Financial Inclusion report”. The report assessed…
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MERGER OF BSNL AND MTNL
30, Oct 2019
|
Economics
Why in News? In an effort to revive the beleaguered state-owned telecom firms BSNL and MTNL, the Union Cabinet on Wednesday approved a package worth…
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EASE OF DOING BUSINESS INDEX
25, Oct 2019
|
Economics
Why in News? India climbed 14 ranks in the World Bank’s Ease of Doing Business 2020 survey to stand at 63, among 190 countries, making…
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KHADI AND VILLAGE INDUSTRIES COMMISSION
23, Oct 2019
|
Governance
Why in News? The Khadi and Village Industries Commission (KVIC) and the Goa State Government have joined hands with an aim to generate employment opportunities…
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LIVESTOCK CENSUS
18, Oct 2019
|
Economics
Why in News? Department of Animal Husbandry & Dairying releases 20th Livestock Census; Total Livestock population increases 4.6% over Census-2012, Increases to 535.78 million Livestock…
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INDIA INTELLECTUAL PROPERTY (IP) GUIDE
17, Oct 2019
|
Economics
Why in News? The Services Export Promotion Council (SEPC), set up by the Ministry of Commerce & Industry, has brought out the India Intellectual Property…
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IMF’S WORLD ECONOMIC OUTLOOK (WEO)
17, Oct 2019
|
Reports
Context: International Monetary Fund (IMF) has released its report “World Economic Outlook” (WEO)- 2019 recently. About the Report: The World Economic Outlook is a biennial…
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INTERCONNECT USAGE CHARGE (IUC)
16, Oct 2019
|
Economics
Why in News? Telecom Regulatory Authority of India (TRAI) has decided to review the scrapping of interconnect usage charge from January 2020. What is IUC?…
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RANDOMISED CONTROLLED TRIAL (RCT)
16, Oct 2019
|
Economics
Why in News? The new Economics Nobel laureates - Abhijit Banerjee, Esther Duflo and Michael Kremer - are considered to be instrumental in using randomised…
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NOBEL PRIZE FOR ECONOMICS
15, Oct 2019
|
Economics
Why in News? The Royal Swedish Academy of Sciences has decided to award the 2019 Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred…
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GLOBAL COMPETITIVENESS INDEX 2019
10, Oct 2019
|
Reports
Why in News? The annual Global Competitiveness Index (GCI) compiled by Geneva-based World Economic Forum (WEF) is released. India slipped to 68th rank in the…
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CABINET HIKES DEARNESS ALLOWANCE BY 5%
10, Oct 2019
|
Inflation
Why in News? The Union Cabinet decided to increase the Dearness Allowance (or DA) that it pays its current employees and existing pensioners by 5…
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GREEN CHANNEL COMBINATION
09, Oct 2019
|
Economics
Why in News? Putting in place a speedier approval mechanism, Competition Commission has introduced a green channel route for clearing certain categories of mergers and…
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TAX RELIEF FOR FOOD AT INCORPORATED CLUBS
07, Oct 2019
|
Taxes and Taxation
Why in News? In a significant judgment, the Supreme Court has held that supply of food, drinks and beverages by an incorporated members’ club to…
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WORLD COTTON DAY
07, Oct 2019
|
Economics
Why in News? The Ministry of Textiles, Government of India, is participating in the World Cotton Day event being observed from 7th October to 11th…
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TITLE INSURANCE
05, Oct 2019
|
Economics
Why in News? The Insurance Regulatory and Development Authority of India has constituted a working group that will revisit the product structure of title insurance.…
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BHARAT 22 ETF
04, Oct 2019
|
Investments, Investment models
Why in News? The Further Fund Offer 2 (FFO 2) of Bharat 22 Exchange-Traded Fund (ETF), which is part of the government’s divestment programme, will…
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PRAKASH PORTAL
04, Oct 2019
|
Economics
Why in News? Ministry of Power launched PRAKASH (Power Rail Koyla Availability through Supply Harmony) About PRAKASH (Power Rail Koyla Availability through Supply Harmony) Portal:…
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SOVEREIGN GOLD BONDS SCHEME 2019 – 2020
02, Oct 2019
|
Governance
Why in News? The Government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bonds. Sovereign Gold Bond…
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GREEN ENERGY TARGET LACKS DEADLINE
02, Oct 2019
|
Environment
Why in News? Prime Minister Narendra Modi at the Climate Action Summit in New York announced India’s ambitious aim to increase its renewable energy target…
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FISCAL RESPONSIBILITY AND BUDGET MANAGEMENT ACT (FRBM)
02, Oct 2019
|
Economics
Why in News? States’ gross fiscal deficit (GFD) has remained within the Fiscal Responsibility and Budget Management Act (FRBM) threshold of 3% of gross domestic…
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BAN ON EXPORT OF ONION
01, Oct 2019
|
Economics
Why in News? Union ministry of commerce and industry amended export policy of onion from free to prohibited, which amounts to banning of onions from…
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EIGHT CORE SECTORS SHRINK 0.5% IN AUGUST
01, Oct 2019
|
Industries, Textile, E -Commerce, Pharma, Service
Why in News? The eight core sectors that form the bellwether for the Indian economy slumped in August to their lowest growth in four years…
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APPRENTICESHIP (AMENDMENT) RULES, 2019
01, Oct 2019
|
Industries, Textile, E -Commerce, Pharma, Service
Why in News? Central government has notified changes in Apprenticeship Rules (1992) with an aim to increase skilled manpower in the country, and raise monetary…
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INDUSTRY 4.0
30, Sep 2019
|
Economics
Why in News? A Pilot Project for ushering in ‘Industry 4.0’ in the country, is launched for implementation at the Modern Coach Factory (MCF), Raebareli.…
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WORRY FOR ECONOMY: LABOUR’S CONTRIBUTION TO INCOME KEEPS DIPPING
29, Sep 2019
|
Growth, Development, National
Why in News? Labour’s share to national incomes has been declining in both developing and developed countries for around four decades now, highlighted the latest…
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ADDRESSING THE DEMAND DROUGHT IN OUR ECONOMY
29, Sep 2019
|
Growth, Development, National
Background: A persistent slowdown has dragged economic growth in India down to 5% in the fiscal first quarter, weakest in more than six years. Recent…
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16
TH
GLOBAL SME BUSINESS SUMMIT
25, Sep 2019
|
Economics
Why in news? Union Minister Shri Nitin Gadkari inaugurated the 16th Global SME Business Summit 2019 in New Delhi on 24th September. Global SME Business…
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NATIONAL CONCLAVE ON ENERGY EFFICIENCY IN MSME SECTOR
25, Sep 2019
|
Governance
Why in News? The National Conclave on Energy Efficiency in MSME sector was inaugurated by Union Ministers in Hyderabad. Highlights: The two-day Conclave was organized…
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PARTICIPATORY GUARANTEE SYSTEM (PGS)
24, Sep 2019
|
Governance
Why in News? Chairperson of the Food Safety and Standards Authority of India (FSSAI) said on the sidelines of a function of Food and Agriculture…
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A DEEP CUT IN THE CORPORATE TAXES
23, Sep 2019
|
Taxes and Taxation
Context: In order to revive the economy from the economic slowdown, the Finance Minister has announced a slew of major changes in corporate income tax…
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37
TH
GST COUNCIL MEETING
21, Sep 2019
|
Taxes and Taxation
Why in News? The 37th GST Council met on 20th September 2019 in Goa under the chairmanship of Union Finance Minister. Key Recommendations: Relaxations in…
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NIRVIK SCHEME
18, Sep 2019
|
Schemes
Why in News? To enhance the loan availability of exporters, and the MSME sector the Export Guarantee Corporation of India (ECGC) has launched a new…
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IMPACT OF ATTACK ON SAUDI ARABIA’S OIL FACILITY
18, Sep 2019
|
Economics
Why in News? Last week the Houthis, a rebel Shia group of Yemen that is backed by Iran, bombed the Abqaiq plant as well as…
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MEASURES TO ENHANCE IPR ECOSYSTEM THROUGH LOWER FEES
17, Sep 2019
|
Economics
Why in News? The Ministry of Commerce and Industry has proposed to reduce the fees for various IPRs (Intellectual Property Rights). Highlights: The fee structure…
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DIGITAL CERTIFICATES OF ORIGIN & STEEL IMPORT MONITORING SYSTEM
17, Sep 2019
|
Economics
Why in News? In continuation of Finance Minister announcements to revive the export sector, Commerce Minister has launched the common digital platform for the issuance…
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NEW MEASURES TO BOOST EXPORTS AND HOUSING SECTOR
15, Sep 2019
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? Finance Minister Nirmala Sitharaman has announced a fresh set of measures worth around 70,000 crore rupees to boost exports and housing sector.…
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GOVT IMPOSES MINIMUM EXPORT PRICE ON ONION
14, Sep 2019
|
Economics
Why in News? The government has imposed a minimum onion export price of 850 US dollars per tonne to curb its exports and help bring…
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MARKET INTERVENTION PRICE SCHEME
12, Sep 2019
|
Economics
Why in News? Kashmir’s famed apple is battling to get exported outside the State this year as militants are campaigning against the fruit’s trade. The…
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THE NATIONAL AGRICULTURAL COOPERATIVE MARKETING FEDERATION OF INDIA (NAFED)
11, Sep 2019
|
Economics
Context: NAFED has been tasked with purchasing all the apples that growers bring to sell at mandis in the Kashmir Valley. Background: The National Agricultural…
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INDIA’S SECOND MULTI-MODEL TERMINAL
11, Sep 2019
|
Economics
Why in News? The Prime Minister dedicated to the nation India’s second riverine Multi-Modal terminal built at Sahibganj in Jharkhand This is the second of…
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‘ANGAN’- INTERNATIONAL CONFERENCE ON ENERGY EFFICIENCY IN BUILDING SECTOR
10, Sep 2019
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? An international conference ANGAN (Augmenting Nature by Green Affordable New-habitat) focussed on Energy Efficiency in Building Sector The Conference is being organised…
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NATIONAL INFRASTRUCTURE PIPELINE OF RS. 100 LAKH CRORE
09, Sep 2019
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? To achieve the GDP of $5 trillion by 2024-25, India needs to spend about $1.4 trillion (Rs. 100 lakh crore) over these…
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FIRST MEGA FOOD PARK OF TELANGANA STATE
09, Sep 2019
|
Economics
Why in News? Union Minister of Food Processing Industries today inaugurated the first Mega Food Park in Telangana promoted by M/s Smart Agro Food Park…
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EXTERNAL BENCHMARK-BASED LENDING
08, Sep 2019
|
Banking
Why in News? The RBI has made it mandatory for all banks to link floating rate loans — to retail customers and loans to micro,…
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INSTITUTIONS OF EMINENCE (IOE) SCHEME
06, Sep 2019
|
Schemes
Why in News? The Human Resource Development Ministry has awarded the status of Institute of Eminence to the IIT-Madras, the IIT-Kharagpur, Delhi University, Benares Hindu…
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‘EAT RIGHT INDIA’ CAMPAIGN
06, Sep 2019
|
Schemes
Why in News? Government of India launches ‘Eat Right India’ to tackle lifestyle diseases. Need for Such Campaign: India is passing through an epidemiological shift…
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CBDT ENTERS INTO 26 APAS
05, Sep 2019
|
Taxes and Taxation
Why in News? The Central Board of Direct Taxes (CBDT) has entered into 26 Advance Pricing Agreements (APAs) in the first 5 months of the…
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ETHANOL BLENDED PETROL (EBP) PROGRAMME
04, Sep 2019
|
Economics
Why in News? The Cabinet Committee on Economic Affairs has given its approval for fixing higher ethanol price derived from different raw materials under the…
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AUTOMATIC EXCHANGE OF INFORMATION (AEOI) REGIME
03, Sep 2019
|
Economics
Why in News? Banking details of Indians with accounts in Switzerland will be available to tax authorities as the automatic exchange of information regime kicks…
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STEERING COMMITTEE ON FINTECH RELATED ISSUES
03, Sep 2019
|
Insurance
Why in News? The Steering Committee on Fintech related issues constituted by the Ministry of Finance, Department of Economic Affairs, submitted its Final Report. Fintech…
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INDIA TO GET SWISS BANK DETAILS OF INDIANS
01, Sep 2019
|
Economics
Why in News? From September 1, India will start receiving information on all financial accounts held by Indian residents in Switzerland, for the year 2018.…
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ECONOMICS BEHIND E-VEHICLE BATTERIES
01, Sep 2019
|
Economics
Background: Shifting gears in the transition to electric vehicles (EVs), the NITI Aayog, in May this year, proposed to ban the sale of all internal…
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100% FDI IN COAL WILL BOOST COMPETITIVENESS
31, Aug 2019
|
Economics
Why in News? The Centre’s recently announced 100% foreign direct investment (FDI) in the coal sector. Highlights: India is one of the largest importers of…
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MERGER OF PUBLIC SECTOR BANKS
31, Aug 2019
|
Banking
Context: The Centre has announced a mega amalgamation plan, aimed at improving their financial health and enhancing their lending capacity to support growth. Highlights: The…
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CABINET APPROVES PROPOSAL FOR REVIEW OF FDI POLICY ON VARIOUS SECTORS
30, Aug 2019
|
Economics
Why in News? The Union Cabinet has approved the proposal for Review of Foreign Direct Investment on various sectors. FDI: Foreign direct investment (FDI) is…
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TECH SAKSHAM
29, Aug 2019
|
Economics
Why in News? The Union Ministry for Micro, Small and Medium Enterprises (MSME) has launched a project named ‘Tech Saksham’ to accelerate MSME growth through…
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HOW AND WHY RBI TRANSFERS TO GOVERNMENT
28, Aug 2019
|
Banking
Context: The Reserve Bank of India (RBI) will transfer ₹1.76 trillion to the government this fiscal. Background: RBI Board accepted the recommendations of a committee…
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ECONOMIC CAPITAL FRAMEWORK
28, Aug 2019
|
Banking
Why in News? The Reserve Bank of India (RBI) has decided to transfer Rs 1.76 lakh crore to the Central government, which may help the…
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DEVELOPMENT FINANCIAL INSTITUTION (DFI)
27, Aug 2019
|
Economics
Why in News? The government has proposed to set up a Development Financial Institution (DFI) to solve the infrastructure financing needs of the country. Highlights:…
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SPECIAL DATA DISSEMINATION STANDARDS (SDDS) OF IMF
27, Aug 2019
|
Economics
Why in News? In 2018, India failed to comply with multiple requirements prescribed in the Special Data Dissemination Standard (SDDS) mandatory for all IMF members.…
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NATIONAL PRODUCTIVITY COUNCIL
26, Aug 2019
|
Economics
Why in News? A two-day National Conference on Capacity Building of Sustainable Food Value Chains for Enhanced Food Safety and Quality organized by National Productivity…
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PRICE STABILISATION FUND (PSF)
26, Aug 2019
|
Schemes
Why in News? Onions for retailing by Safal is being made available at present from the government stock built under Price Stabilisation Fund (PSF). It…
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NEW FPI NORMS
24, Aug 2019
|
Capital Market
Context: SEBI has relaxed the FPI norms to check the outflows of FPIs from India. SEBI relaxes Foreign Portfolio Investors (FPI) norms by easing the…
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CAPACITY BUILDING OF SUSTAINABLE FOOD VALUE CHAINS
23, Aug 2019
|
Agriculture, ignorance, subsidy, marketing
Why in News? A National Conference on Capacity Building of Sustainable Food Value Chains for Enhanced Food Safety and Quality was organized by National Productivity…
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DEBENTURE REDEMPTION RESERVE
23, Aug 2019
|
Capital Market
Why in News? The Centre has removed Debenture Redemption Reserve (DRR) requirement for listed companies, NBFCs and housing finance companies (HFCs). Debenture redemption reserve (DRR):…
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ONE NATION, ONE RATION CARD SCHEME: A BOON FOR POOR MIGRANTS
22, Aug 2019
|
Schemes
Context: Government has launched the pilot project for the inter-state portability of ration cards between Telangana and Andhra Pradesh, and between Maharashtra and Gujarat, as…
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ULTRA-MEGA SOLAR PARK
21, Aug 2019
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Context:National energy major NTPCis planning to set up an ultra-mega solar park in the Kutch region of Gujarat that will produce up to 5,000 megawatts…
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HOW FORESTS CAN HELP IN DOUBLING FARMERS’ INCOME
21, Aug 2019
|
Agriculture, ignorance, subsidy, marketing
Background The Government of India is working out a plan to double farmers’ income by 2022. The government plans to take up a number of…
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INDIAN LIVESTOCK
19, Aug 2019
|
Economics
Context: India's Livestock Export Potential Can't Be Realised Till We Eradicate Foot-and-Mouth Disease Stats- In India, livestock contributes over 4% to the country’s total GDP.…
Read More
GOVT. ISSUES GUIDELINES FOE ₹1 TRILLION PARTIAL CREDIT GUARANTEE FOR NBFCs
17, Aug 2019
|
Banking
Why in news? In pursuance of the announcement made in the Union Budget 2019-20 the Government has issued a scheme regarding partial credit guarantee on…
Read More
GOVERNMENT PLANS TO EXIT 23 CPSEs
17, Aug 2019
|
Economics
Why in News? Government has given ‘in-principle’ approval for strategic disinvestment of 23 Central Public Sector Enterprises (CPSEs) including subsidiaries, units and joint ventures. Difference…
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RBI ISSUES FINAL NORMS FOR REGULATORY SANDBOX
16, Aug 2019
|
Insurance
Why in News? The Reserve Bank of India (RBI) has issued the final framework for regulatory sandbox in order to enable innovations in the financial…
Read More
COMPETITION LAW REVIEW COMMITTEE
16, Aug 2019
|
Governance
Why in News? Shri Injeti Srinivas, Secretary (Corporate Affairs) presented the Report of the Competition Law Review Committee Highlights: The Government constituted a Competition Law…
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CSR EXPENDITURE TO BE MADE TAX DEDUCTIBLE
14, Aug 2019
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Economics
Why in News? Shri Injeti Srinivas, Secretary (Corporate Affairs), presented the Report of the High Level Committee on CSR to the Union Minister of Finance…
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NEGATIVE RATE POLICY
14, Aug 2019
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Banking
Context: Negative rate policy – once considered only for economies with chronically low inflation such as Europe and Japan – is becoming a more attractive…
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US-CHINA TRADE WAR
14, Aug 2019
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Economics
Context: Researchers at Morgan Stanley have alerted that if US and China continue to heap increasing tariff and non-tariff barriers over the next four to…
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CERTIFICATION OF SEEDS TO BE MADE MANDATORY TO STEP UP FARM OUTPUT
14, Aug 2019
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G3 – Policies
Context: The Centre is planning to mandate uniform certification by pushing through a replacement to the Seeds Act, 1966. Background: More than half of all…
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ZERO DEFECT AND ZERO EFFECT SCHEME
13, Aug 2019
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Governance
Why in News? The Government has launched a scheme namely “Financial Support to MSMEs in ZED Certification Scheme”. Highlights: The objective of the scheme for…
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MUKHYA MANTRI KRISHI ASHIRWAD YOJNA
12, Aug 2019
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Governance
Why in News? The Vice President of India, Shri M. Venkaiah Naidu has called for introducing structural reforms in the agricultural sector along with financial…
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LINKING FARMERS TO FUTURES MARKET IN INDIA
12, Aug 2019
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Capital Market
Why in News? The Indian Council for Research on International Economic Relations (ICRIER) study suggests the need to empower the Farmer Producer Organizations (FPOs) to…
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PRADHAN MANTRI KISAN MAAN-DHAN YOJANA (PM-KMY)
11, Aug 2019
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Governance
Context: The PM-KMY was launched by Agriculture Minister which entitles eligible farmers for monthly pension of ₹3,000 per month on attaining the age of 60.…
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INDIAN ECONOMY SLOWDOWN
10, Aug 2019
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Economics
Context- The Indian economy is facing one of its most challenging times in years, and policymakers are responding to the crisis through monetary measures, such…
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AUTO INDUSTRY SLOWDOWN
09, Aug 2019
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Economics
Context: Federation of Automobile Dealers Associations has stated that nearly 2 lakh jobs have been cut in the last three months due to the slowdown.…
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RBI CUT LENDING RATE BY 35 BASIS POINTS
08, Aug 2019
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Constitutional Bodies, Regulatory Bodies
Context: In a bid to augur economic activity amidst slowing consumption demand, the monetary policy committee of Reserve Bank of India on Wednesday unanimously decided…
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US TREASURY LABELS CHINA A ‘CURRENCY MANIPULATOR’
06, Aug 2019
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Economics
Context: The Trump administration formally labeled China a currency manipulator, further escalating its trade war with Beijing after the country’s central bank allowed the yuan…
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PASHMINA PRODUCTS RECEIVE BIS CERTIFICATION
04, Aug 2019
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Economics
Why in News? Bureau of Indian Standards (BIS) has published an Indian Standard for identification, marking and labelling of Pashmina products to certify its purity.…
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KABIL SET UP TO ENSURE SUPPLY OF CRITICAL MINERALS
03, Aug 2019
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Economics
Why in News? A joint venture company namely Khanij Bidesh India Ltd. (KABIL) is to be set up to ensure a consistent supply of critical…
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NATIONAL TIME RELEASE STUDY
03, Aug 2019
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Economics
Why in News? The Department of Revenue, Ministry of Finance, as part of its strategic commitment to improve global trade, is conducting India’s first National…
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GOVERNMENT TO SUPPORT INDIA’S IT INDUSTRY
02, Aug 2019
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Industries, Textile, E -Commerce, Pharma, Service
Why in News? Union Minister of Commerce & Industry and Railways, held a meeting with senior managers of IT companies in New Delhi IT Industry…
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REGULATORY SANDBOX
01, Aug 2019
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Insurance
Why in News? The Insurance Regulatory and Development Authority of India (IRDAI) will soon allow the use of regulatory sandbox (RS) to promote new, innovative…
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WORLDSKILLS INTERNATIONAL COMPETITION 2019
01, Aug 2019
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Economics
Why in News? Ministry of Skill Development & Entrepreneurship (MSDE), Government of India announced that a 48-member contingent will represent India at the biggest showcase…
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SULPHUR BASED FERTILIZER
01, Aug 2019
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Agriculture, ignorance, subsidy, marketing
Context: The Cabinet Committee on Economic Affairs (CCEA), gave its nod for raising the subsidized prices of sulphur-based fertilizers. Purpose: The move is aimed at…
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GREEN BONDS AND CLIMATE CHANGE
31, Jul 2019
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Climate change and its impacts
Context: New study finds firms that have adopted green bonds benefit from both positive financial and environmental outcomes. What Are Green Bonds: A green bond…
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ZERO BUDGET NATURAL FARMING
28, Jul 2019
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Agriculture, ignorance, subsidy, marketing
Why in News: Finance Minister in her budget speech referred to “back to basics “approach while speaking about Zero Budget Natural Farming. What is Zero…
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INSOLVENCY AND BANKRUPTCY BOARD OF INDIA (IBBI)
27, Jul 2019
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Banking
Why in news? The Insolvency and Bankruptcy Board of India (IBBI) notified the Insolvency and Bankruptcy Board of India (Insolvency Resolution Process for Corporate Persons)…
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NORTH EASTERN REGION VISION 2020
26, Jul 2019
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? North Eastern Region Vision 2020 document provides an overarching framework for the development of the North Eastern Region. The main objective is…
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FAIR AND REMUNERATIVE PRICE’ OF SUGARCANE
25, Jul 2019
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Agriculture, ignorance, subsidy, marketing
Why in News? The Cabinet Committee on Economic Affairs (CCEA) has approved the proposal in respect of Determination of ‘Fair and Remunerative Price’ of sugarcane…
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INDIA’S R&D EXPENDITURE ECO-SYSTEM REPORT
25, Jul 2019
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Industries, Textile, E -Commerce, Pharma, Service
Why in News? A special session was held to discuss India’s Research and Development (R&D) expenditure eco-system report during the Global launch of Global Innovation…
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BENGALURU GOES LIVE WITH FACIAL BIOMETRICS-BASED AIR TRAVEL
25, Jul 2019
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? The Kempegowda International Airport (KIA) rolled out a biometric-based self-boarding facility. Highlights: The passengers had the option of boarding a flight without…
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GLOBAL INNOVATION INDEX (GII)
24, Jul 2019
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Economics
Context: India climbs five ranks in global innovation index to the 52nd position Union Minister of Commerce & Industry and Railways launched the Global Innovation…
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WILLFUL DEFAULTER
24, Jul 2019
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Economics
Context: Rajya Sabha was informed by the Minister of Finance informed about the mechanisms in place to deter wilful defaulters, curb incidence of wilful defaults,…
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TERROR FINANCING
24, Jul 2019
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Economics
Context: Minister of Home Affairs informed Lok Sabha today about the steps being taken to combat Terror Financing and circulation of Fake Indian Currency Notes…
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NO COMPROMISE ON AIR SAFETY: MINISTRY OF CIVIL AVIATION
23, Jul 2019
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? Speaking at the International conference cum awards on civil aviation and cargo, the Minister of State(I/c) for Civil Aviation, Housing & Urban…
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PRIVATE SECTOR INVESTMENT IN DEFENCE PRODUCTION
23, Jul 2019
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? The defence industry sector was opened up to 100% for private sector participation in May 2001 through licensing. Highlights: Defence Procurement Procedure…
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UJH AND BASANTAR BRIDGES IN J&K
23, Jul 2019
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? Raksha Mantri inaugurated the One-kilometre long Ujh bridge in Kathua district, 617.40-Metre-long Basantar bridge in Samba district of Jammu & Kashmir today…
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PANEL FAVOURS CRYPTOCURRENCY BAN IN INDIA
23, Jul 2019
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G3 – Policies
Context: The committee headed by finance secretary Subhash Chandra Garg has proposed a draft bill “Banning of Cryptocurrency & Regulation of Official Digital Currency Bill,…
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DIBANG MULTIPURPOSE PROJECT
19, Jul 2019
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? The Cabinet Committee on Economic Affairs has approved the expenditure on pre-investment activities and various clearances for Dibang Multipurpose Project (MPP) in…
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SEVA BHOJ YOJANA
17, Jul 2019
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Schemes
Why in News? Seva Bhoj Yojna’ is a Central Sector Scheme of the Ministry of Culture, Government of India. It envisages to reimburse the Central…
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NATIONAL RURAL BANK OF INDIA.
17, Jul 2019
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Economics
Context- Govt is thinking of formation of National Rural Bank of India in order to consolidate in Regional rural Banks (RRB). Parliamentary Standing Committee on…
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SAGARMALA PROJECT
15, Jul 2019
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Agriculture, ignorance, subsidy, marketing
The Sagarmala is a series of projects to leverage the country’s coastline and inland waterways to drive industrial development. It was originally mooted by the…
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BANNING OF UNREGULATED DEPOSIT SCHEMES BILL, 2019
12, Jul 2019
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Banking
Why in News? The Union Cabinet has approved the banning of Unregulated Deposit Schemes Bill, 2019. It will replace the banning of Unregulated Deposit Schemes…
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INDIAN NUCLEAR INSURANCE POOL
12, Jul 2019
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? The Government has created an Indian Nuclear Insurance Pool (INIP) in June 2015, a union minister informed in Lok Sabha. Indian Nuclear…
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PONZI SCAMS
11, Jul 2019
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Banking
Background The Union Cabinet Wednesday approved Banning of Unregulated Deposit Schemes Bill with an aim to tackle the menace of illicit deposit- taking activities in…
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KISAN SUVIDHA MOBILE APP
11, Jul 2019
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Agriculture, ignorance, subsidy, marketing
Why in News? Kisan Suvidha is an omnibus mobile app developed by Department of Agriculture & Cooperation, Ministry of Agriculture and Farmers Welfare to help…
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CAPITAL TO RISK-WEIGHTED ASSETS (CRAR)
10, Jul 2019
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Banking
CRAR: Capital to Risk (Weighted) Assets Ratio (CRAR) is also known as Capital adequacy Ratio, the ratio of a bank’s capital to its risk. The…
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ETHANOL AND SUGAR MILLS
08, Jul 2019
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Agriculture, ignorance, subsidy, marketing
Context- Recently Union Minister for Road Transport & Highways exhorted sugar mills to switch to producing ethanol. Issues: The surplus production of sugar is a…
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COTTON CROP
08, Jul 2019
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Agriculture, ignorance, subsidy, marketing
About It is Kharif Crop. The research system of India has also developed some varieties having three basic colours in naturally coloured cotton -brown, grey…
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ZERO BUDGET NATURAL FARMING
07, Jul 2019
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Economics
Why in News? The Finance Minister Nirmala Sitharaman announced a proposal of Zero Budget Natural Farming in budget 2019 for doubling farmer’s income in the…
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KISAN CREDIT CARD SCHEME
06, Jul 2019
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Agriculture, ignorance, subsidy, marketing
Why in News? The Government of India has extended the facility of Kisan Credit Card (KCC) to fisheries and animal husbandry farmers to help them…
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WORKING GROUP ON CORE INVESTMENT COMPANIES
06, Jul 2019
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Investments, Investment models
Why in News? The Reserve Bank of India (RBI) has constituted a working group to review the regulatory guidelines and supervisory framework applicable for Core…
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AGRICULTURAL EXPORT POLICY
06, Jul 2019
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Agriculture, ignorance, subsidy, marketing
Why in News? The Union Cabinet approved the Agriculture Export Policy, 2018. The Cabinet has also approved the proposal for establishment of Monitoring Framework at…
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WIND ENERGY IN INDIA
05, Jul 2019
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Context- India’s emerging green economy will require additional investments of around $80 billion till 2022, growing more than threefold to $250 billion during 2023-30, Aim:…
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KEY HIGHLIGHTS OF ECONOMIC SURVEY 2018-19
05, Jul 2019
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Economic Survey, Reports
The Union Minister for Finance and Corporate Affairs tabled the Economic Survey 2018-19 in the Parliament. The Key Highlights of Economic Survey 2018-19 are as…
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BLUEPRINT TO ACHIEVE PRIME MINISTER’S VISION FOR $5 TRILLION ECONOMY
05, Jul 2019
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Economic Survey, Reports
Context: The Economic Survey lays down the strategic blueprint for fructifying the Prime Minister’s vision of India becoming a $5 trillion economy by 2025. The…
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Jal Shakti Abhiyan
04, Jul 2019
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Schemes
Why in News? Jal Shakti Abhiyan for Water Conservation Launched. Highlights: It is a time-bound, mission-mode campaign that would focus on 1,592 “water-stressed” blocks…
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National Electric Mobility Mission Plan
04, Jul 2019
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Infrastructure: Energy, Ports, Roads, Airports, Railways, etc - GS3I
Why in News? The National Electric Mobility Mission Plan (NEMMP) 2020 is a National Mission document providing the vision and the roadmap for the faster…
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Minimum Support Price
04, Jul 2019
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Issues related to direct and indirect farm subsidies - GS3E
Context: Recently cabinet has announced MSP for 14 Kharif crops What is MSP? Minimum Support Price (MSP) is a form of Market Intervention by the…
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NATIONAL MANUFACTURING COMPETITIVENESS PROGRAMME
03, Jul 2019
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Industries, Textile, E -Commerce, Pharma, Service
Why in News? National Manufacturing Competitiveness Programme (NMCP) aima to support the Micro, Small and Medium Enterprises (MSMEs) in their endeavor to become competitive. Objectives:…
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NATIONAL WAREHOUSING GRID
03, Jul 2019
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? The government is likely to introduce warehousing schemes at village and National level to build an efficient storage infrastructure. A National Warehousing…
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GOODS & SERVICES TAX
03, Jul 2019
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Taxes and Taxation
Why in News? 2nd anniversary of Goods & Services Tax to be celebrated on 1st July 2019. GST: GST is one indirect tax for the…
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CENTRE RATIFIES INTERNATIONAL CONVENTION TO CURB COMPANY PROFIT SHIFTING
03, Jul 2019
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Taxes and Taxation
Context: India has recently ratified the international agreement to curb Base Erosion and Profit Shifting (BEPS) India has ratified the Multilateral Convention to Implement Tax…
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MEITY reported that 2.22 crore villagers are given Digital Education under Pradhan Mantri Gramin Digital Saksharta Abhiyan (PMGDISHA)
29, Jun 2019
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Schemes
CONTEXT: Ministry of Electronics and Information Technology reported that 2.22 crore villagers are given Digital Education under Pradhan Mantri Gramin Digital Saksharta Abhiyan (PMGDISHA). BACKGROUND:…
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Electric Vehicles in India
29, Jun 2019
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Schemes
Fame 2(Faster Adoption and Manufacturing (Hybrid&) and electric vehicles The outlay of ₹10,000 crore has been made for three years till 2022 for FAME…
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Working Group for Revision of WPI
29, Jun 2019
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Inflation
Why in news? The Government of India has decided to constitute a Working Group for the revision of the current series of Wholesale Price Index…
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STORAGE OF PAYMENT SYSTEM DATA
28, Jun 2019
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Banking
Why in News? The Reserve Bank of India in its directive on ‘Storage of Payment System Data’ has made it clear that entire payment data…
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FINANCIAL STABILITY REPORT
28, Jun 2019
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Constitutional Bodies, Regulatory Bodies
What is it About? The FSR reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial…
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INDIA WINS SOLAR CASE AGAINST US AT WTO
28, Jun 2019
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WTO, Industrial Economics
Context- dispute settlement panel pronouncing that subsidies and mandatory local content requirements instituted by eight American states breached global trade rules. Panel upholds India’s claims…
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AGRICULTURAL & PROCESSED FOOD PRODUCTS EXPORT DEVELOPMENT AUTHORITY (APEDA)
27, Jun 2019
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Agriculture, ignorance, subsidy, marketing
Why in News? Agricultural & Processed Food Products Export Development Authority (APEDA)in association with North Eastern Regional Agricultural Marketing Corporation (NERAMAC) organised the second Conference…
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RBI DIRECT TO SAVE THE PAYMENTS DATA WITHIN INDIA.
27, Jun 2019
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Constitutional Bodies, Regulatory Bodies
The Reserve Bank of India (RBI) has clarified that payment system providers need to store entire payments data in a system only in India. The…
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CENTRE EXPANDS TERMS OF REFERENCE OF DIRECT TAX LAW
27, Jun 2019
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Taxes and Taxation
The Central Board of Direct Taxes has expanded the terms of reference of the task force set up to come up with a new direct…
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U.K SINHA COMMITTEE
26, Jun 2019
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Indian Economy and issues relating to planning - GS3A
The Reserve Bank of India (RBI) on January, 2019 set up an expert committee under former SEBI chairman U.K. Sinha to Suggest Long-Term Solutions…
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CASH IN CIRCULATION HAS FALLEN
26, Jun 2019
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Demonetisation, coupled with increased digital transactions and the reduced cash usage in the informal economy, led to a Reduction in Currency in Circulation by…
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PROJECT MONITORING GROUP (PMG)
26, Jun 2019
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Projects worth 11 lakh crore remain stalled or have issues under consideration. Railways, roads and Power sector accounting to more than half of these…
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ONLINE PORTAL FOR FILING COMPLAINTS
25, Jun 2019
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Indian Economy and issues relating to planning - GS3A
The Reserve Bank of India, launched a ‘Complaint Management System (CMS)’, which will enable members of the public to lodge their complaints on its website…
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RESERVE BANK OF INDIA (RBI)
25, Jun 2019
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Structure, organization and functioning of the Executive - GS2E
Context Viral Acharya’s resignation as Deputy Governor of the Reserve Bank of India About: The Reserve Bank of India was established on April 1, 1935…
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Establishment of ‘gokul grams’ under Rashtriya Gokul Mission
24, Jun 2019
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Schemes
Why in News? Funds have been mobilized under Rashtriya Gokul Mission (RGM) for setting up of 21 Gokul Grams as Integrated Cattle Development Centres. Rashtriya…
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Technological Intervention in Agriculture
24, Jun 2019
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Major crops cropping patterns in various parts of the country - GS3D
Kisan Suvidha Mobile Application: To facilitate dissemination of information to farmers on the critical parameters viz., Weather; Market Prices; Plant Protection; input Dealers (Seed, Pesticide,…
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Organic Farming in India
24, Jun 2019
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Major crops cropping patterns in various parts of the country - GS3D
Why in News? Government of India has been promoting organic farming under two dedicated schemes namely Mission Organic Value Chain Development North Eastern Region (MOVCDNER)…
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35,000 KM Highways to be built by 2022
23, Jun 2019
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Infrastructure: Energy, Ports, Roads, Airports, Railways, etc - GS3I
The government will build 35,000 km of highways, besides expressways, by 2022. Under the 'Bharatmala Project', construction or upgradation of about 35,000 kilometres of National…
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Government to extend foreign currency loans to Exporters
23, Jun 2019
|
WTO, Industrial Economics
India is a net importer of commodities. This impacts India’s balance of payments, hence the country needs to strengthen its exports. In order to boost…
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INTER CREDITOR AGREEMENT (ICA)
20, Jun 2019
|
Banking
Why in News: The Indian Banks’ Association has tweaked the inter-creditor agreement (ICA) that was framed by the Sashakt Committee, to keep it in line…
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FINANCIAL STABILITY AND DEVELOPMENT COUNCIL (FSDC)
20, Jun 2019
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Growth, Development, National
Why in News: Union Minister of Finance and Corporate Affairs chaired the 20th Meeting of the Financial Stability and Development Council. FSDC: Financial Stability and…
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RECIPROCAL TRADE
20, Jun 2019
|
WTO, Industrial Economics
Why in News: The State Department of US reacted to India’s announcement of retaliatory tariffs on certain U.S. imports reiterating President Trump’s message of reciprocal…
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FDI IN MULTI-BRAND RETAIL
20, Jun 2019
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Investments, Investment models
Why in News: Commerce Minister reiterated that the central government will not allow foreign direct investment in multi-brand retail, and also assured small traders predatory…
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Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)
19, Jun 2019
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Welfare schemes for vulnerable sections - GS2K
Objective: With a view to Augment the Income of the Small and Marginal Farmers (SMFs), the Government has launched a new Central Sector Scheme, namely,…
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Data Localisation
19, Jun 2019
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Taxes and Taxation
Context: RBI last year mandated companies to store their payments data "only in India" so that the regulator could have "unfettered supervisory access". The RBI…
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Libra Facebook Cryptocurrency
19, Jun 2019
|
Indian Economy and issues relating to planning - GS3A
Context: Facebook has linked with 28 partners in a Geneva-based entity called the Libra Association, which will govern its new digital coin set to launch…
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SHADOW BANKING SYSTEM
18, Jun 2019
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Indian Economy and issues relating to planning - GS3A
A shadow banking system is the group of financial intermediaries facilitating the creation of credit across the global financial system but whose members are not…
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FOREIGN PORTFOLIO INVESTMENT
18, Jun 2019
|
Investments, Investment models
Foreign portfolio investment (FPI) consists of securities and other financial assets held by investors in another country. It does not provide the investor with direct…
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New Income Tax Rules With Revised Guidelines
18, Jun 2019
|
Taxes and Taxation
Why in News? Revised guidelines of Income Tax and to make strict decision against tax invaders new Income Tax guidelines has came into effect…
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FOOD PROCESSING INDUSTRY
18, Jun 2019
|
Industries, Textile, E -Commerce, Pharma, Service
Context: World Food India 2019 will be the biggest gathering of all global and domestic stakeholders in Food Processing Sector. World Food India: The government…
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BHARATMALA PROJECT
17, Jun 2019
|
Investments, Investment models
Why in News? Bharatmala is a name given to road and highways project of Government of India. Highlights: The total investment for the Bharatmala plan…
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KIMBERLEY PROCESS
17, Jun 2019
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WTO, Industrial Economics
Why in News? Intersessional meeting of the Kimberley Process (KP) is being hosted by India in Mumbai. Highlights: India is currently the Chair of Kimberley…
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NATIONAL SMALL SAVINGS FUND
17, Jun 2019
|
Investments, Investment models
It has been established under Public Account of India since 1st April 1999. It Comprises of Postal Deposits Savings Certificates and Kissan Vikas Patra Social…
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INDIAN ECONOMY
17, Jun 2019
|
Indian Economy and issues relating to planning - GS3A
What are Debt Instruments? They are either paper or electronic obligations that allows the issuing party to raise funds by promising to repay the lender…
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JANAUSHADHI SCHEME
17, Jun 2019
|
Schemes
Context: The Bureau of Pharma PSUs of India (BPPI), has found 18 Pharmaceutical companies substandard drugs which were supplying under Janaushadhi scheme. Objectives of the…
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INTERNATIONAL ECONOMY
16, Jun 2019
|
WTO, Industrial Economics
India imposed tariffs on 29 goods from the U.S from June 16. This is a retaliatory measure taken by India against the U.S imposing tariffs…
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INDIA’S TRADE DEFICIT WIDENS IN MAY 2019 TO $15.36 BN.
15, Jun 2019
|
Economics
What is Trade Deficit? It is a situation in a country’s economy where its Imports Exceed Its Exports. Such a situation leads to the outflow…
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CENTRE REDUCES CONTRIBUTION RATE FOR ESI
14, Jun 2019
|
Insurance
Why in News: Trade unions set to protest against the decision Background: Starting July 1, both employers and employee’s contribution under the Employees’ State Insurance…
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HOPE MODI WILL CARRY OUT DISCUSSED REFORMS: U.S
14, Jun 2019
|
Growth, Development, National
Why in news: U.S. Commerce Secretary had told Prime Minister Narendra Modi in that the U.S. Trade Representative (USTR) would hold off on making a…
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BLACK OR GREY: WHAT NEXT FOR PAKISTAN AT FATF
14, Jun 2019
|
WTO, Industrial Economics
Why in News: Pakistan has been under the FATF’s scanner, when it was put on the greylist for terror financing and money laundering risks, after…
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FINANCIAL MARKETS SEEK TAX INCENTIVES, BETTER LIQUIDITY
14, Jun 2019
|
Growth, Development, National
Why in News: Finance Minister Nirmala Sitharaman met representatives from the financial and capital market and they discussed creation of a dedicated liquidity window for…
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INDIAN BANK TO FOCUS ON STRONG GROWTH, PROFITABILITY IN FY20
13, Jun 2019
|
Growth, Development, National
Why in News: Increasing CASA deposits, fee income to improve growth and profits in banks Background: Indian Bank will strive for strong growth this fiscal…
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AMAZON CLINCHES TOP SPOT IN THE WORLD’S MOST VALUABLE BRAND RANKING
12, Jun 2019
|
Capital Market
Why in News: Amazon clinched the world’s most valuable brand in cloud computing, consumer tech and movie production. Background: It is founded by the world’s…
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A THREEFOLD RISE IN THE OUTFLOWS FROM CREDIT FUNDS
12, Jun 2019
|
Capital Market
Why in News: Net outflows from credit risk funds jumped over threefold in the month of May as investors remained wary of the segment in…
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STRUCTURAL REFORMS FOR TACKLING ECONOMIC SLOWDOWN
10, Jun 2019
|
Capital Market
Why in News: GDP growth slowed to a five-year low of 6.8% in 2018-19, even as the unemployment rate rose to a 45-year high of…
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SEBI, MCA SIGN PACT FOR MORE DATA SCRUTINY
09, Jun 2019
|
Capital Market
Why in News: The Securities and Exchange Board of India (SEBI) and the Ministry of Corporate Affairs (MCA) signed a memorandum of understanding (MoU) to…
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RBI REVISES STRESSED ASSET RESOLUTION NORMS
08, Jun 2019
|
Banking
Why in News: After the Supreme Court struck down the controversial February 12, 2018 circular of Reserve Bank of India (RBI) on stressed asset resolution,…
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RBI CUTS INTEREST RATE BY 25 BPS
07, Jun 2019
|
Banking
Why in News: The six-member Monetary Policy Committee (MPC) of the Reserve Bank of India reduced the repo rate at its second meeting this year…
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FDI IN SERVICES SECTOR UP 37% IN 2018-19
06, Jun 2019
|
Taxes and Taxation
Why in News: Foreign direct investment (FDI) in the services sector grew 36.5% to $9.15 billion in 2018- 19, according to the Department for Promotion…
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GLOBAL GROWTH TO SLOW IN 2019, SAYS WORLD BANK
05, Jun 2019
|
Growth, Development, National
Why in News: The World Bank Group has downgraded global real GDP growth to 2.6% for 2019, down by 0.3%age points from its previous forecast.…
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SLOWDOWN CONFIRMED: ON DEEPENING ECONOMIC CRISIS
03, Jun 2019
|
Growth, Development, National
Why in News: The first macro data set released under the new Finance Minister, Nirmala Sitharaman’s showed an under-performing economy with GDP growth falling to…
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CAPITAL BUFFERS: RBI DRAFT NORMS TIMELY FOR NBFCS
31, May 2019
|
Banking
Why in News: The central bank has released draft norms on liquidity risk management for deposit taking and non-deposit taking NBFCs. Details: RBI in its…
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INDIA REMOVED FROM CURRENCY MONITORING LIST
30, May 2019
|
WTO, Industrial Economics
Why in News: The US removed India from its currency monitoring list of major trading partners, citing steps being taken by New Delhi that addressed…
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RBI DRAFT RULES FOR NBFCS
29, May 2019
|
Banking
Why in News: RBI has put up the draft circular, Liquidity Risk Management Framework for Non-Banking Financial Companies and Core Investment Companies. Background: / What…
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SEBI TIGHTENS DISCLOSURE NORMS FOR LISTED DEBT SECURITIES
28, May 2019
|
Capital Market
Why in News: To further safeguard the interest of investors in listed debt securities, the Securities and Exchange Board of India (SEBI) has tightened the…
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ECONOMIC PRIORITIES FOR THE NEW GOVERNMENT
25, May 2019
|
Growth, Development, National
Why in News: With a new government taking office after the General Elections 2019, here is a look at the key economic priorities in the…
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SEBI PANEL MOOTS CHANGES TO FPI RULES
25, May 2019
|
Investments, Investment models
Why in News: As part of its attempts to streamline the regulations to encourage foreign inflows in the Indian market, the Securities and Exchange Board…
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CRISIS IN NBFC SECTOR COULD HURT ECONOMIC GROWTH’
23, May 2019
|
Banking
Why in News: The investors are worried over potential impact on the overall growth of the economy in the near term on current liquidity crisis…
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NEW GOVT. MUST FOCUS ON BANK BALANCE SHEETS
23, May 2019
|
Banking
Why in News: The new government, should focus on a few key aspects of the economy such as tackling income inequality on a priority basis,…
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IRDAI PANEL FOR SIMPLIFYING FIRE COVER NORMS
22, May 2019
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News: A working group of insurance regulator IRDAI, revisited the structure of products providing cover to homes, offices, commercial establishments and MSMEs, has…
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NEED FOR INDUSTRIAL POLICY IN INDIA
20, May 2019
|
Industries, Textile, E -Commerce, Pharma, Service
Why in News: The economic developments in the recent times in India demand a dedicated industrial policy to boost manufacturing. In this backdrop, here is…
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ACTIVIST HELD FOR PROTESTING AGAINST GAIL’S PIPELINE PROJECT
19, May 2019
|
Growth, Development, National
Why in News: The organiser of the Tamil Nadu Nilam Neer Padukappu Iyyakkam, K.M. Iraniyan, was arrested by the Sembanarkoil police for staging a protest…
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EXTERNAL WOES: ON INDIA’S FOREIGN TRADE
18, May 2019
|
Indian Economy and issues relating to planning - GS3A
Why in News: The estimates for foreign trade showed a sharp slowdown in merchandise export growth in April, 2019 to 0.64% from a year earlier.…
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AIR INDIA ARM’S PRIVATISATION HITS A BUMP
18, May 2019
|
Investments, Investment models
why in news: The government’s effort to privatise Air India Air Transport Services Ltd., Air India’s ground handling arm, has run into a stone wall,…
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MASALA BONDS LISTED AT LSE
18, May 2019
|
Investments, Investment models
Why in News: Kerala becomes first sub-sovereign entity in country to access global market Background: / Kerala masala bonds: The State has turned out to…
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GDP NUMBERS SUGGEST HIGH GROWTH IN MEDIUM TERM: PANEL
17, May 2019
|
Economics
Why in News: Projections for indirect tax fluctuating, need to stabilize. Background: The 15th Finance Commission on Thursday said that India’s GDP numbers suggest a…
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WHY AN INDUSTRIAL POLICY IS CRUCIAL
17, May 2019
|
Economics
Why in News: No major country has managed to reduce poverty or sustain economic growth without a robust manufacturing sector. Background: The contribution of manufacturing…
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RBI ENVISIONS FOURFOLD GROWTH IN DIGITAL TRANSACTIONS BY 2021
16, May 2019
|
Economics
Why in News: The Reserve Bank of India (RBI) has envisaged four times growth in digital transaction in two years, in the payment system vision…
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INDIA TO DECIDE ON IRAN CRUDE IMPORTS AFTER POLLS
15, May 2019
|
Growth, Development, National
Why in News? India will take a call on the purchase of Iranian energy after the general elections Details: Gulf after the U.S. waivers for…
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CPI INFLATION QUICKENS TO SIX-MONTH HIGH OF 2.92% ON FOOD, FUEL PRICES
14, May 2019
|
Inflation
Why in News: Retail inflation quickened to a six-month high of 2.92% in April, driven in large part by accelerating food and fuel inflation, Details:…
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DISCOURSE ON WTO REFORM LACKS BALANCE
14, May 2019
|
WTO, Industrial Economics
Why in News: The reforms being promoted in the World Trade Organization (WTO) are not in favour of the developing countries. Background: / WTO: WTO…
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TRUMP TO CHINA: TRADE DEAL NOW OR IT WILL BE ‘FAR WORSE’ AFTER 2020
12, May 2019
|
WTO, Industrial Economics
Why in News: Washington and Beijing are locked in a trade battle that has seen mounting tariffs, sparking fears the dispute will damage the global…
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A fraught moment: U.S.-China Trade War
11, May 2019
|
Effects of liberalization on the economy, changes in industrial policy - GS3H
Why in News: The U.S. and China need to take sustained steps to de-escalate tensions over tariffs Details: The U.S.-China trade war has flared up…
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Trump Raises Tariffs On Chinese Goods
11, May 2019
|
WTO, Industrial Economics
why in news: The Trump administration raised import taxes on $200 billion of Chinese imports from 10% to 25%. Background: / China’s Dominance: China joined…
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INDIA HAS OVERLY RESTRICTIVE MARKET BARRIERS
08, May 2019
|
Effects of liberalization on the economy, changes in industrial policy - GS3H
Why in News: U.S. is India’s largest export destination, India is only the 13th largest for the U.S. due to “overly restrictive market access barriers.Tariff…
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DESERVED PENALTY: SEBI’S ‘CAPITAL’ PUNISHMENT TO NSE
07, May 2019
|
Economics
Why in News: The Securities and Exchange Board of India (SEBI) ordered the National Stock Exchange of India (NSE) to pay a fine of about…
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TRUMP TO HIKE TARIFFS ON USD 200 BN OF CHINESE GOODS
06, May 2019
|
Economics
Why in News US President Donald Trump announced that the United States would raise tariffs on USD 200 billion of Chinese goods to 25 per…
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ANTI DUMPING DUTY PUT ON SACCHARINE
06, May 2019
|
Economics
Why in News: The Finance Ministry has, on the recommendations of the Commerce Ministry, imposed an anti-dumping duty of $1,633.17 per tonne on the import…
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FARMERS WORRIED PEPSICO-GOVT. TALKS WILL DILUTE THEIR RIGHTS
05, May 2019
|
Economics
Why in News: PepsiCo withdraws its cases against Gujarat potato growers, farmers groups are still worried about the dilution of their rights by state and…
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GST BUOYANCY
04, May 2019
|
Taxes and Taxation
Why in News GST collections hit a record high, the next step should be to simplify the tax regime Details: The GST inflows of ₹1,13,865…
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VARUNA MITRA BOOSTED FARM INCOME, SAYS ISEC STUDY
02, May 2019
|
Economics
Why in News Rain forecast helped farmers get average net gain of ₹5,106 per acre’ Details: Accuracy in the weather information provided by Varuna Mitra,…
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PUBLIC SECTOR BANKS LONG TERM STRATEGY ON JAN DHAN BEGINS TO PAY OFF
29, Apr 2019
|
Economics
Why in News Total deposits in the last three years have grown by over 2.5 times to ₹98,400 cr. Details Public sector banks stand to…
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NO MORE LEEWAY: ON RBI’S RELUCTANCE TO FURNISH LIST OF WILFUL DEFAULTERS
29, Apr 2019
|
Economics
Why in News The RBI must set an example on transparency, and serve the national economic interest Details: The Reserve Bank of India has been…
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GUJARAT GOVERNMENT BACKS POTATO FARMERS IN PEPSICO CASE
28, Apr 2019
|
Economics
Why in News? The Gujarat government has decided to back the nine potato farmers locked in a legal battle with food and beverages giant PepsiCo…
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PEPSICO Proposes settlement to Potato farmers whom they SUED
27, Apr 2019
|
Agriculture, ignorance, subsidy, marketing
Why in News? Food and beverages giant PepsiCo on Friday offered to settle lawsuits against four farmers who it had dragged to court for allegedly…
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Supreme Court Gives RBI ‘Last Chance’ to Alter
27, Apr 2019
|
Banking
Why in News? Supreme Court gave one “last opportunity” to the Central bank to disclose its annual inspection reports of private banks and financial institutions…
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UNCERTAIN TIMES: ON INDIA’S OIL IMPORTS
26, Apr 2019
|
Growth, Development, National
Why in News: The oil market have undergone with a great deal of uncertainty over supplies which is due to the US economic sanctions against…
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POTATO FARMERS CRY FOUL AS PEPSICO SLAPS CASE ON THEM
25, Apr 2019
|
Economics
Why in News? Farmers face demand for ₹1.05 crore in damages for growing Lays variety, want government to step in Details: Multi-billion-dollar conglomerate PepsiCo sued…
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SHIPPING FIRMS SEEK PM’S HELP TO STAY AFLOAT
24, Apr 2019
|
Economics
Why in News: Indian shipping companies have submitted a memorandum to the Prime Minister, seeking his immediate intervention of scraping a recent notification and a…
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THE PROBLEM WITH CHERRY-PICKING DATA
24, Apr 2019
|
Economics
Why in News: The article says that the India is presently facing a data crisis which was recently talked by Minister of State for Housing…
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LINE OF CAUTION: ON SUSPENSION OF CROSS-LOC TRADE
23, Apr 2019
|
Economics
Why in News: The government has issued orders to suspend the Line of Control (LoC) trade between Jammu & Kashmir and Pak Occupied Kashmir (PoK)…
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SC TO HEAR PETITION TO END WRITE-OFFS
20, Apr 2019
|
Economics
Why in News The Supreme Court will hear a petition to restrain banks from writing off non- performing assets. Details: / For a true picture…
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BEIJING SURPRISE: CHINA’S GROWTH
19, Apr 2019
|
Economics
Why in News? The Chinese economy has grown faster than expected, but concerns over stimulus remain Details: China’s economy is showing signs of a rebound.…
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LARGER CONSPIRACY IN SARADHA SCAM ALLEGED
18, Apr 2019
|
Economics
Why in news: Former Kolkata Police Commissioner Rajeev Kumar has claimed that the allegations raised against him in connection with the multi-core Saradha chit fund…
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SLOWING DOWN FAST: INDUSTRIAL GROWTH
16, Apr 2019
|
Economics
Why in News? The downturn in industrial activity and the spike in retail inflation pose a policy challenge Details: Another indicator, worryingly, points to the …
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NECESSARY STEPS TO ENDING POVERTY
15, Apr 2019
|
Growth, Development, National
Context: The provision of health, education and public services matters more than income support schemes Details: / Garibi Hatao: Garibi Hatao ("Remove poverty") was the…
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Industrial Growth Dips, Inflation Up
13, Apr 2019
|
Economics
why in news? Industrial growth slowed in February to 0.1%, driven by an across the board slowdown, especially in key sectors such as manufacturing, mining,…
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MUTUAL FUND’S
12, Apr 2019
|
Economics
why in News? The redemption issues faced by fixed maturity plans (FMPs) of mutual funds due to their exposure towards Essel Group entities have only…
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SEBI FIAT TO STOCK BROKERS USING AI APPLICATIONS
11, Apr 2019
|
Economics
Why in News: The BSE has asked stock brokers who are using applications based on artificial intelligence (AI) and machine learning (ML) to submit compliance…
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HIGH STOCK OF NON-PERFORMING ASSETS IN INDIA, MORE PROGRESS NEEDED: IMF
11, Apr 2019
|
Economics
Why in News: IMF head of Monetary and Capital Markets Tobias Adrian said there continues to be a high stock of non-performing assets (NPAs) in…
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INDIA’S GOLD RESERVES INCREASE MARGINALLY IN FEBRUARY: WGC
10, Apr 2019
|
Capital Market
Why in News? Globally, gold reserves with central banks rise 51 tonnes, highest since Oct. 2018. Details: India has marginally increased its gold holding in…
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IMF FORECASTS DIP IN GLOBAL GROWTH IN 2019
10, Apr 2019
|
Economics
Why in News: The International Monetary Fund (IMF) has projected that global growth will be down in 2019 compared to 2018, IMF Chief Economist Gita…
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INFLOWS INTO EQUITY, INCOME FUNDS SURGE
09, Apr 2019
|
Economics
Why in news: Equity mutual fund schemes have seen a four-month decline in flows in March leading to a marginal increase in the overall assets…
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CAPITAL HIGH: FOREIGN INVESTMENT IN INDIA
08, Apr 2019
|
Investments, Investment models
To retain the confidence of foreign investors, macroeconomic management is a key The inflow of foreign capital into India’s stock market in the month of…
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GRAFT ALLEGED IN MASALA BOND SALE
07, Apr 2019
|
Economics
Why in News: Leader of the Opposition has alleged that a Canadian company having close links with SNC-Lavalin has bought a major part of the…
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INDIA MIGHT SOON HAVE THE MOST CAESAREAN BIRTHS
07, Apr 2019
|
Economics
Why in news: A new study based on the data from the National Family and Health Survey has shown that there is a significant increase…
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SEBI PANEL FOR MORE PLAYERS IN COMMODITIES
05, Apr 2019
|
Economics
Why in News? A panel constituted by the Securities and Exchange Board of India (SEBI) has recommended opening the commodity derivatives segment to all categories…
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RBI CUTS BENCHMARK INTEREST RATE, LOWERS GDP FORECAST TO 7.2%.
05, Apr 2019
|
Financial inclusion
Why is it in News? The monetary policy committee of the Reserve bank of India for the second consecutive time cut the benchmark lending rate…
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ROADIS, NIIF TO INVEST $2 BILLION ON ROAD PROJECTS
04, Apr 2019
|
Economics
Why in News: Roadis, a private investor and operator of transport infrastructure worldwide and the National Investment and Infrastructure Fund (NIIF) have jointly set up…
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BAD LOANS
04, Apr 2019
|
Economics
Why in News? The SC order quashing a circular issued by the RBI on resolution of bad loans is a set back to the evolving…
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SC VERDICT COULD DELAY RESOLUTION OF STRESSSED ASSETS
03, Apr 2019
|
Economics
Why in News: The prospect of recovering ₹3.8 lakh crore of stressed loans of over 70 large borrowers has become uncertain after the Supreme Court…
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HOW TO ACHIEVE 24×7 POWER FOR ALL
03, Apr 2019
|
Financial inclusion
Why in News: Almost every willing household in India now has a legitimate electricity connection and a target to achieve 24*7 electricity objective. Details: The…
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FY19 SAW MORE RATING UPGRADES THAN DOWNGRADES
02, Apr 2019
|
Economics
Why in News: Rating agency Crisil said that the credit ratio or the number of upgrades is higher than the number of downgrades Details: Positive…
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FUGITIVE OFFENDERS ACT WON’T HELP BANKS
02, Apr 2019
|
Polity & Governance
Why in News: Liquor baron Vijay Mallya’s lawyer reiterated before the Bombay High Court that the Fugitive Economic Offenders Act (FEOA) was a draconian law…
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A SYSTEMATIC WAY OF MAXIMISING RETURNS ON INVESTMENT
01, Apr 2019
|
Miscellaneous
About: A Systematic Investment Plan (SIP) is a way to invest in mutual funds wherein a fixed sum of money is put into a mutual…
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In Q3, current account deficit narrows to 2.5%
30, Mar 2019
|
Capital Market
India’s current account deficit (CAD) for the third quarter narrowed to 2.5% of the GDP compared with 2.9% in the preceding quarter, latest data released…
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GI tag for Coorg Arabica Coffee, four others
30, Mar 2019
|
Agriculture, ignorance, subsidy, marketing
The Geographical Indications Registry has granted the Geographical Indication (GI) tag to Coorg Arabica Coffee, Wayanad Robusta Coffee, Chikmagalur Arabica Coffee, …
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Blockchain enabled marketplace app for coffee
30, Mar 2019
|
Agriculture, ignorance, subsidy, marketing
The commerce ministry Thursday launched a Blockchain based coffee e-marketplace to help farmers integrate with markets so that they can realise fair prices for the…
Read More
Centre to borrow rupee 7.1 lakh crore in FY20
30, Mar 2019
|
Banking
Borrowing calendar for the next financial year was announced and the government said that it will raise Rs 4.42 lakh crore through gilts in the…
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Centre should address States’ concern on GST transfers
29, Mar 2019
|
Taxes and Taxation
While the Goods and Services Tax (GST) Council was designed as a federal body between the States and the Centre, the complaint of the States…
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New loan pricing scheme may be put off
29, Mar 2019
|
Banking
Banks will be getting more time to migrate to the new loan pricing regime which was scheduled to be implemented from April 1. This new…
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Cement prices stay steady at Rs. 334 per bag in March
29, Mar 2019
|
Industries, Textile, E -Commerce, Pharma, Service
All India prices of cement remained steady at Rs. 334 per bag during March despite increases in southern and eastern regions. South and eastern regions…
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66% EMPLOYERS LOOKING FOR DIFFERENT SKILLS THAN THREE YEARS AGO
28, Mar 2019
|
Miscellaneous
Fast-changing job requirements are leading to a yawning skills gap in many parts of the world, with India being one of the hardest-hit - International…
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INDICES GAIN OVER 1% MIRRORING GLOBAL TREND
27, Mar 2019
|
Capital Market
The Indian benchmark equity indices staged a smart recovery to gain more than 1% to reverse a two-day losing streak that saw indices fall below…
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RBI RECEIVES AGGRESSIVE BIDS, INFUSES RS. 34,500 CR. LIQUIDITY
27, Mar 2019
|
Banking
The first dollar-rupee buy/sell swap auction by Reserve Bank of India (RBI), which was aimed at infusing primary liquidity, saw aggressive bidding by banks. The…
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IRDAI MOOTS PUBLIC DISCLOSURE NORM
26, Mar 2019
|
Miscellaneous
A public disclosure norm requiring all general insurers, health insurers, specialised insurers and reinsurers, including branches of foreign reinsurers, to share information at specified intervals…
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Lesser clicks, a boon for bricks
25, Mar 2019
|
Miscellaneous
The Department of Industrial Policy & Promotion’s recent clarification on the foreign direct investment (FDI) policy for e-retail has an unexpected beneficiary — brick and…
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GST a poll issue in MSME hubs
25, Mar 2019
|
Industries, Textile, E -Commerce, Pharma, Service
The adverse impact of the rollout of the Goods and Services Tax (GST) regime in July 2017 on the micro, small and medium enterprises (MSMEs)…
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Protect ocean ecosystem, tap blue economy
25, Mar 2019
|
Economics
India should fully tap the enormous potential of the blue economy to achieve higher growth and initiate appropriate programmes for sustainable harnessing of ocean reserves.…
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Centre must not look upon the Reserve Bank as a cash cow: ex-RBI board member
24, Mar 2019
|
Banking
The central government being fiscally dependent on the Reserve Bank of India (RBI) is undesirable, The ₹68,000 crore that the RBI has paid to the…
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Rupee-dollar swap could boost foreign fund flows under voluntary retention route
22, Mar 2019
|
Economics
The RBI’s decision to infuse rupee liquidity through long term foreign exchange swap, a first of its kind in liquidity management policy, is likely to…
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Angel tax: CBDT, DPIIT trade blame for delay in resolving issue
21, Mar 2019
|
Economics
Tussle between the Central Board of Direct Taxes and the Department for Promotion of Industry and Internal Trade over the infrastructural roadblocks to finding a…
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Integrate TB services with primary health system: Lancet
21, Mar 2019
|
Economics
Of the 10 million new tuberculosis (TB) cases reported globally in 2017 by the World Health Organisation, 2.74 million were from India, showing a marginal…
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Finland is the happiest nation; India slips 7 spots, ranks 140th
21, Mar 2019
|
Economics
The report was released by the Sustainable Development Solutions Network for the United Nations on March 20 which has was declared as World Happiness Day…
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Borrowers cautious after IBC kicked in
20, Mar 2019
|
Economics
With the advent of Insolvency and Bankruptcy code (IBC), borrowers are cautious about taking more money from banks. What is IBC? Insolvency and Bankruptcy Code,…
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Economists want further interest rate cut
20, Mar 2019
|
Economics
Economists met Reserve Bank of India Governor and cited concerns over economic growth and suggested further reduction of the interest rate to boost economic activity.…
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Forex swap for liquidity has been received well, says RBI Governor
20, Mar 2019
|
Economics
The decision of the Reserve Bank of India (RBI) to inject rupee liquidity through long-term foreign exchange swap a first of its kind in liquidity…
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Anti-profiteering body can act sans complaints
19, Mar 2019
|
Economics
Consumer complaints are not the only trigger for the National Anti-Profiteering Authority (NAA) to act but also to check a trader’s invoice for profiteering. The…
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Green’ coffee may brew better farm incomes
18, Mar 2019
|
Economics
Giving fresh hope to coffee growers, the Kerala State Industries Department is gearing up to set up a carbon neutral farm project in Wayanad district…
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SEBI contemplates reducing time to list rights issue shares
18, Mar 2019
|
Economics
After reducing the time to list shares on the stock exchanges post-closure of initial public offerings (IPOs), markets regulator SEBI is aiming to cut down…
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New hydro policy to help meet renewables target
18, Mar 2019
|
Economics
Government’s decision to re-classify large hydroelectric projects as renewable energy will certainly help the energy sector, the move will also go a long way in…
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India’s shrinking houses
16, Mar 2019
|
Economics
When it comes to housing, size matters for all kinds of reasons. The added floor space of larger homes definitely spells comfort, convenience and family…
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Neolithic diet helped develop ‘f’ sound
16, Mar 2019
|
Miscellaneous
Changes to the human diet prompted by Neolithic advances in agriculture played a role in human jaw evolution that allowed people to pronounce the consonants…
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Strong inflows help push rupee to a six-month high
16, Mar 2019
|
Economics
The rupee, which has been steadily appreciating in recent days, closed at 69.10 to a dollar, its highest level since August 10, 2018. Strong inflow…
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Banking stocks push Sensex to above 38,000
16, Mar 2019
|
Economics
Strong global cues and foreign flows led to the benchmark equity indices register gains The rally, led by banking stocks, pushed the Sensex above the…
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Exports rise 2.44%; trade deficit narrows
16, Mar 2019
|
Economics
A marginal 2.44% increase in exports as well as lower imports of gold and petroleum products in February, significantly narrowed the country’s trade deficit to…
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Indirect tax collection may fall short, says Garg
15, Mar 2019
|
Taxes and Taxation
The government is reasonably confident of meeting its direct tax collection target for the current financial year but the indirect tax collection may fall short.…
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Wholesale price inflation quickens to 2.93% in February
15, Mar 2019
|
Banking
Wholesale price inflation in February snapped a three- month declining trend by rising to 2.93% on the back of firming food and fuel prices. Growth…
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Disinvestment target within reach: Centre
15, Mar 2019
|
Economics
The government expects to meet its disinvestment target of ₹80,000 crore even though it has achieved only ₹56,473.42 crore so far with only 15 days…
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Rubber output fall hits tyre makers
15, Mar 2019
|
Economics
Fall in natural rubber production in the country has raised concerns in the tyre industry, which has appealed to the Union Ministry of Commerce to…
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Indirect tax collection may fall short, says Garg
15, Mar 2019
|
Economics
The government is reasonably confident of meeting its direct tax collection target for the current financial year but the indirect tax collection may fall short.…
Read More
Wholesale price inflation quickens to 2.93% in February
15, Mar 2019
|
Economics
Wholesale price inflation in February snapped a three-month declining trend by rising to 2.93% on the back of firming food and fuel prices. Growth in…
Read More
Disinvestment target within reach: Centre
15, Mar 2019
|
Economics
The government expects to meet its disinvestment target of ₹80,000 crore even though it has achieved only ₹56,473.42 crore so far with only 15 days…
Read More
Rubber output fall hits tyre makers
15, Mar 2019
|
Economics
Fall in natural rubber production in the country has raised concerns in the tyre industry, which has appealed to the Union Ministry of Commerce to…
Read More
RBI to inject liquidity via forex swaps
14, Mar 2019
|
Economics
In order to meet the durable liquidity needs of the system, the Reserve Bank has decided to augment its liquidity management toolkit and inject Rupee…
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CBDT yet to set up angel tax exemption infrastructure
14, Mar 2019
|
Economics
The Central Board of Direct Taxes (CBDT) has not started work on setting up the back-end infrastructure required to automatically exempt registered start-ups from angel…
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SEBI provides framework for counter offer process
14, Mar 2019
|
Economics
Markets regulator SEBI came out with the framework and timeline for the counter offer process. The counter offer is made in case the price discovered…
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Only growth can solve jobs, agrarian distress
14, Mar 2019
|
Economics
Jobs and agrarian distress in India cannot be solved unless the economic growth rate is high. The crux of the agrarian crisis is that prices…
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India gets first TIR shipment via Chabahar Port from Afghanistan
14, Mar 2019
|
Economics
The first shipment under the United Nations ‘Transports InternationauxRoutiers’ (TIR) convention arrived in India from Afghanistan through Iran’s Chabahar Port. TIR Carnets India had joined…
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SEBI lifts cap on corporate bonds for FPIs
13, Mar 2019
|
Economics
In News Markets regulator SEBI withdrew the 20% limit on investments by Foreign Portfolio Investors (FPIs) in corporate bonds of an entity. About SEBI: SEBI…
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Indices rise for second straight session
13, Mar 2019
|
Economics
In News: Equities continued to register a strong rally for the second consecutive day on Tuesday with the benchmarks gaining more than 1% each to…
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IIP growth slows to 1.7%, retail inflation rises to 2.57%
13, Mar 2019
|
Economics
In News: Industrial activity slowed in January 2019 growing by just 1.7% due in large part to a deceleration in the manufacturing, electricity, and capital…
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GI tag for Thirubhuvanam silk sarees
13, Mar 2019
|
Economics
The Thirubhuvanam Silk Handloom Weavers’ Cooperative Production and Sale Society has been accorded Geographical Indication (GI) tag for its silk sarees. The Unique Features: The…
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India ranks 11th in gold holding
12, Mar 2019
|
Economics
India, which is the world’s largest consumer of gold, has the 11th largest gold reserve, with the current holding pegged at 607 tonnes, as per…
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Arecanut gets its first GI tag to ‘Sirsi Supari’
12, Mar 2019
|
Economics
For the first time in the arecanut sector, ‘Sirsi Supari’ grown in Uttara Kannada has received the Geographic Indication (GI) tag. It is cultivated in…
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India is world’s 2nd largest arms importer
12, Mar 2019
|
Miscellaneous
According to the latest report published by the Stockholm International Peace Research Institute (SIPRI) India was the world’s second largest arms importer from 2014-18, ceding…
Read More
Wind loses energy as policy paralysis blows through this renewable sector
11, Mar 2019
|
Economics
From a euphoric 5,500 MW in 2016-17 when wind energy companies rushed to commission their projects so as to get their foot in before certain…
Read More
Relaxation of rules to aid red-flagged Andamans tourism project
10, Mar 2019
|
Economics
The Environment Ministry has amended laws that now allow a proposed tourism project in the Aves island, of the Andaman and Nicobar island (A&N) territory,…
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Dip in flows to equity funds continues
09, Mar 2019
|
Economics
According to Association of Mutual Funds in India (AMFI) data, equity schemes registered net inflows of Rs.3,948 crore in February, lower by nearly 20% than…
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NMR to have two coaches with glass roof, larger windows
09, Mar 2019
|
Economics
Union Minister for Railways Piyush Goyal dedicated two vistadome coaches (one AC and one non-AC coach) made by the Central Workshop in Tiruchi. The coaches…
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Bring in constitutional amendment on GST revenue-sharing proportion: Rangarajan
09, Mar 2019
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Economics
The Centre should bring in a constitutional amendment to fix the proportion of shareable taxes going to states - C. Rangarajan. This would avoid repeated…
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Only 3.32 lakh MSME jobs created in last four years, finds CII survey
09, Mar 2019
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Economics
The number of net jobs created in the Micro, Small and Medium Enterprises (MSME) sector in the last four years stood at just 3,32,394, which…
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RURAL INDIA PUSHES UP UNEMPLOYMENT IN FEBUARY
08, Mar 2019
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Miscellaneous
In News: CMIE report on unemployment. Explained: Estimated unemployment rate shot up to a 29-month high of 7.23 per cent in February 2019 and the…
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WIND ENERGY CAPACITY EXPANSION TO SLOW IN NEXT FIVE YEARS
08, Mar 2019
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Growth, Development, National
In News: According to a report by Crisil, capacity addition in the wind energy sector will slow down over fiscal 2019 to 2023, with only…
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RBI TO INFUSE RS 12,500 CRORE INTO FINANCIAL SYSTEM THROUGH OMO’S
08, Mar 2019
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Current Affairs
In News: The Reserve Bank of India (RBI) said it would infuse Rs 12,500 crore into the financial system through op¬en market operations (OMO). Explained:…
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Earth Museum
07, Mar 2019
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Miscellaneous
Prelims: Indian culture The government is planning to house them in one place an ‘Earth Museum’ for better conserving the prehistoric heritage, About: From dinosaur…
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GSP Withdrawal
07, Mar 2019
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Miscellaneous
Context: The US has announced that it intends to “terminate” India’s designation as a beneficiary of its Generalized System of Preferences (GSP). What is GSP…
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CENTRE TO INCENTIVISE WORK-FROM-HOME JOBS
05, Mar 2019
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Economics
In News: The government is working on a scheme to push work-from-home jobs in the IT sector by offering financial incentives to both employees and…
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‘BANKS’ LIQUIDITY DEFICIT STANDS AT RS 94,585 CRORE
05, Mar 2019
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Economics
In News: The average liquidity deficit in the banking system in the week ended February 28 moderated significantly to Rs 94,585 crore, against the deficit…
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Mudra: Rs. 1 Lakh Cr. More Has to be Lent
04, Mar 2019
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Banking
In News: Despite all the push given by the Central government to the Pradhan Mantri MUDRA Yojana and the ‘MSME loan in 59 minutes’ scheme,…
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FPI Net Inflows Into Stocks At 15-Month High
04, Mar 2019
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Banking
In News: Foreign portfolio investors (FPIs) poured in close to Rs. 17,220 crores on a net basis into Indian equities in February, the highest since…
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One Nation One Card Scheme
02, Mar 2019
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Schemes
In News PM Narendra Modi Monday launched the indigenously-developed National Common Mobility Card (NCMC) to enable people to pay multiple kinds of transport charges, including…
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India Eyes Alternative Markets For Exporting Tea Meant To Be Shipped To Pak
02, Mar 2019
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Agriculture, ignorance, subsidy, marketing
In News: Amid the ongoing tensions between India and Pakistan, and India's withdrawal of the most favoured nation (MFN) status to Pakistan, tea exporters and…
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Cumulative Spending On Csr Crosses RS. 50,000 Croress
01, Mar 2019
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Miscellaneous
In News: According to Crisil Foundation, Cumulative spending on corporate social responsibility (CSR) has crossed the Rs. 50,000-Crores-mark four years after the legislative mandate was…
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Assam Oil Hub To Southeast Asia
01, Mar 2019
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Industries, Textile, E -Commerce, Pharma, Service
In News With the Centre planning to raise the capacity of the four Assam refineries from the existing 7 million tonnes per annum (MTPA) to…
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GOVT. DETECTS GST EVASION
28, Feb 2019
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Banking
In News: The government has detected Rs. 20,000 crore worth GST evasion so far, this fiscal. Explained: Central Board of Indirect Taxes and Customs said…
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CENTRE BRINGS 42 NON-SCHEDULED CANCER DRUGS UNDER PRICE CONTROL
28, Feb 2019
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Service Sector
In News: The government said it had brought 42 non-scheduled anti-cancer drugs under price control, capping trade margin at 30%, which would reduce their retail…
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RBI Takes 3 Banks off Prompt corrective Action Framework
27, Feb 2019
|
Banking
In News: Three more banks — Allahabad Bank and Corporation Bank, from the public sector, and Dhanlaxmi Bank from the private sector — are now…
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Fiscal Deficit in January at 12
27, Feb 2019
|
Banking
In News: According to official data, Fiscal deficit widened in January to Rs. 7.7 lakh crore, or 121.5% of the Budget Estimates for the full…
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Organised retail in India may Double by 2021
27, Feb 2019
|
Service Sector
In News: According to a latest joint report by Deloitte and the Retailers Association of India (RAI), Strong macroeconomic factors coupled with robust demographics and…
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War Memorial
26, Feb 2019
|
Schemes
Prime Minister Narendra Modi dedicated a new National War Memorial, situated in the India Gate complex in New Delhi, to the nation. About: PM lit…
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Western Powers on Pulwama Attack
26, Feb 2019
|
Schemes
The European Union (EU) and Germany have asked Pakistan to act on terror in a call made by Pakistani foreign minister to EU's and Germany…
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Banks may set Repo Rate as Benchmark
26, Feb 2019
|
Banking
In News: Most commercial banks in India are likely to select RBI’s repo rate as the external benchmark to decide their lending rates, from April…
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GST cut may boost Realty demand
25, Feb 2019
|
Service Sector
In News: The 33rd reconvened meeting of the Goods and Services Tax (GST) Council cut the tax rate for under-construction housing to 5 per cent…
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India to Reduce Dependence on Imports of API
24, Feb 2019
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Industries, Textile, E -Commerce, Pharma, Service
In News: India is taking several steps to reduce its dependence on imports of active pharmaceutical ingredients (APIs), a commonly used raw material for drugs,…
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BIO-ATF
23, Feb 2019
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Miscellaneous
The Dehradun-based Indian Institute of Petroleum has successfully finished a pilot test to convert used cooking oil into bio-aviation turbine fuel (Bio-ATF), which can be…
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RBI Bundles NBFCS into One Category
23, Feb 2019
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Banking
In News: To provide greater operational flexibility to non-banking lenders, the Reserve Bank created a single category for them by bundling their present three-tier structure.…
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FPI’S Invest Rs. 6,311 Crores in Markets
23, Feb 2019
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Banking
In News: Foreign investors pumped in Rs. 6,311 crores into the Indian capital markets, the highest inflow in a single day this month so far,…
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BHARATNET can Monetise fibre Assets
22, Feb 2019
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
In News: Digital Communications Commission (DCC), the highest decision-making body for the telecom sector, has given an in-principle approval to monetise 2.5 lakh km of…
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EFFO Proposes hike in interest rate to 8
22, Feb 2019
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Banking
In News: Provident Fund deposits will now earn more, with the Employees’ Provident Fund Organisation (EPFO) recommending a hike in interest rates to 8.65% for…
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Centre to Setup Umbrella SPV to Fund Metro Projects
21, Feb 2019
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Banking
In News: The Central government is setting up a fully-owned Special Purpose Vehicle (SPV) to house all its equity and debt investments in metro rail…
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Centre Clears Rs. 48, 239 Cr. Recapitalisation Package for PSB’s
21, Feb 2019
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Banking
In News: The government has approved the disbursal of a recapitalization package of Rs. 48,239 crores for 12 public sector banks. Explained: The government will…
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April – Dec. FDI Falls 7% to $33.49 Billion
21, Feb 2019
|
Banking
In News: According to Commerce and Industry Ministry data, Foreign direct investment (FDI) into India contracted by 7% to $33.49 billion during April-December in the…
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Island Development Project
20, Feb 2019
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Seven islands in the Andamans and Lakshadweep have been identified for seaplane operations while private sector participation has been invited for tourism-based projects in the…
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Cabinet Approves Phase II of Rooftop Solar Programme
20, Feb 2019
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Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
In News: The Cabinet Committee on Economic Affairs approved Phase-II of the Grid Connected Rooftop Solar Programme that aims to achieve a cumulative capacity of…
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PONZI Schemes Ordinance
20, Feb 2019
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Banking
The Union Cabinet Tuesday approved promulgating an ordinance with regard to the Banning of Unregulated Deposit Schemes Bill to protect gullible investors from Ponzi schemes.…
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Angel Tax Relief
20, Feb 2019
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Banking
In News: The Government has widened the definition of startups to partly address angel tax woes by increasing the time period for such ventures to…
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RBI to Transfer Rs. 28,000 Crore Interim Surplus to Government
19, Feb 2019
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Banking
In News: The board of Reserve Bank of India decided to transfer an interim surplus (dividend) of Rs. 28,000 crores to the government. Explained: Inclusive…
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Ministry Revises Rules for Chartering of Ships
19, Feb 2019
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Service Sector
In News: To Incentivise ship-building activity in the country, the Ministry of Shipping has revised its guidelines for chartering of ships by providing Right of…
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Cement Industry is happy as MFN status to Pakistan Withdrawn
19, Feb 2019
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Industries, Textile, E -Commerce, Pharma, Service
In News: Cement manufacturers are happy after India decided to withdraw most favoured nation (MFN) status to Pakistan and also slap 200% duty on imports…
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Farm SOP will be hard to implement
19, Feb 2019
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Agriculture, ignorance, subsidy, marketing
The Pradhan Mantri Kisan Samman Nidhi scheme, announced in the Budget earlier this month, aims to give Rs. 6,000 a year to 12 crore farmer…
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Disinvestment Proceeds touch Rs. 53,558 Crore
18, Feb 2019
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Industries, Textile, E -Commerce, Pharma, Service
In News: The government's disinvestment proceeds have touched Rs 53,558 crore so far in the current fiscal, as against the full year budget target of…
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DGTR to Revisit Anti-Dumping Rules
18, Feb 2019
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Industries, Textile, E -Commerce, Pharma, Service
In News: Amid mounting complaints from the domestic steel industry after Chinese steel product imports surged 8 per cent in the 12 months to March…
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US Canada move WTO Against India on ‘UNDER REPORTING’ of MSP for Five Pulses
16, Feb 2019
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Agriculture, ignorance, subsidy, marketing
In News: The US and Canada on Friday said they have jointly approached the World Trade Organisation (WTO) against India for allegedly "under-reporting" market price…
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Wholesale Inflation Eases to 10- Month low of 2.76%
15, Feb 2019
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Banking
In News: Wholesale Price Index (WPI) fell for the third consecutive month to 2.76% in January from 5.54% in October 2018, 4.47% in November, and…
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Low Velocity of Cash Circulation in large States Hints at Sluggish Economy
15, Feb 2019
|
Banking
In News: According to a report by the State Bank of India, While the currency in circulation has surpassed what it was in the pre-demonetisation…
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Forex Reserves Back at 400 Billion
14, Feb 2019
|
Banking
In News: Foreign exchange reserves crossed $400 billion for the first time in four months in the week ended February 1, 2019, according to data…
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Bharat – 22 ETF Additional Sale
13, Feb 2019
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Miscellaneous
In News: The government will launch an additional offering of Bharat-22 Exchange Traded Fund (ETF) on February 14 to raise at least Rs 3,500 crore.…
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Retail Inflation cools further to 2.05% in January
13, Feb 2019
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Banking
In News: Data released by the Central Statistics Office showed consumer price index or CPI-based inflation stood at 2.05% in January against the 18-month low…
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95% of Registered Realty Firms have No PAN
13, Feb 2019
|
Banking
In News: In an audit of assessments made by the Income Tax Department on the real estate sector, the Comptroller and Auditor General (CAG) found…
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Third Round of OALP
12, Feb 2019
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Miscellaneous
In News: Indian government offered 23 oil and gas and CBM blocks for bidding in the third round of Open Acreage Licensing Policy (OLAP), expecting…
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Will Try to Lift More banks from PCA: Finance Minister
09, Feb 2019
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Service Sector
In News: After Reserve Bank of India (RBI) lifted restrictions under prompt corrective action (PCA) on three public sector banks last week of January 2019,…
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GOM Favours GST cut on Houses under Construction
09, Feb 2019
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Service Sector
In News: A panel of State Ministers favored lowering GST on under-construction residential properties to 5%, from the 12% currently. Explained: The Group of Ministers,…
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RBI unlikely to transfer contingency fund to Govt.,
07, Feb 2019
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Banking
In News: The Reserve Bank of India (RBI) is unlikely to surrender to government’s demand of transferring funds that was set aside for contingency reserves…
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Cabinet approves unified regulator for IFSC’S
07, Feb 2019
|
Banking
In News: The Cabinet has approved the setting up of a unified authority that would regulate all the financial services in International Financial Services Centres…
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Board members’ fiduciary responsibility with RBI’
07, Feb 2019
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Banking
In News: The fiduciary responsibility of the RBI’s board members lies with the central bank, RBI governor quoted. Explained: At present, the central bank has…
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Govt. Subsidy Spend on the rise Again
06, Feb 2019
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Agriculture, ignorance, subsidy, marketing
In News: Rising LPG prices and higher subscribers have resulted in the government’s subsidy expenditure over the last two years reversing a declining trend established…
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Centre May relax Angel Tax Norms for start-ups, sets up Panel
05, Feb 2019
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Banking
In News: The government decided to set up a five-member working committee to look into the angel tax issue and come up with guidelines in…
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April – Dec Fiscal Deficit at 112.4% of Budget Target
05, Feb 2019
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Banking
In News: The fiscal deficit for the period April-December 2018 has touched 112.4% of the budget target of Rs. 6.24 lakh crore for the financial…
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GST Collection may Grow 18% in FY20: Govt.
04, Feb 2019
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Service Sector
In News: The Union government has projected over 18% growth in Goods and Services Tax (GST) collections in 2019-20 based on the rising trend in…
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Govt., to cut process time for Stake Sale in 35 CPSES
04, Feb 2019
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Industries, Textile, E -Commerce, Pharma, Service
In News: With 35 Central Public Sector Enterprises (CPSEs) being lined up for strategic sale, the Finance Ministry is planning to streamline processes to cut…
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Budget Special – 2019
02, Feb 2019
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Budget
Interim Budget: An Interim Budget usually doesn’t list out new schemes or doesn’t unveil any policy measures. The government will present the vote on account…
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GST Collections Cross Rs.1 Lakh Crore in January
01, Feb 2019
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Service Sector
In News: The government said that Goods and Services Tax (GST) collections crossed the Rs. 1 lakh-crore mark in January, the third month this financial…
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Health Sector Seeks Tax breaks for middle class in Budget
01, Feb 2019
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Service Sector
The healthcare sector wants the government’s interim Budget to include tax measures to help the middle class better mitigate health risks. “Ayushman Bharat for the…
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Manufacturing PMI rises to 53.9 in January
01, Feb 2019
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Industries, Textile, E -Commerce, Pharma, Service
In News: The country’s manufacturing sector activity edged higher in January as companies continued to scale up production and employment, driven by the fastest rise…
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Unemployment Data Based on Draft Report
01, Feb 2019
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Industries, Textile, E -Commerce, Pharma, Service
NITI Aayog officials debunk media report of 6.1% Joblessness: The government’s think tank NITI Aayog debunked claims that unemployment in 2017-18 was at a 45-year…
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RBI to Inject Rs. 37,500 Cr through OMO in FEB
30, Jan 2019
|
Effects of liberalization on the economy, changes in industrial policy - GS3H
In News: The Reserve Bank of India (RBI) said that it will inject Rs. 37,500 crores into the system through purchase of government securities in…
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FMCG Sector to Clock Double – Digit Growth
30, Jan 2019
|
Industries, Textile, E -Commerce, Pharma, Service
In News: According to the latest study by market research firm Nielsen, the FMCG industry is expected to grow between 11% and 12% in 2019,…
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India replaces Japan to Become Second-Largest Crude Steel Producer
29, Jan 2019
|
Industries, Textile, E -Commerce, Pharma, Service
In News: India has replaced Japan as the world’s second-largest steel producing country, while China is the largest producer of crude steel, accounting for more…
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FDI Grew 18% in FY18
29, Jan 2019
|
Industries, Textile, E -Commerce, Pharma, Service
In News: Foreign direct investment (FDI) during the previous fiscal grew 18 per cent to Rs 28.25 lakh crore, data from the Reserve Bank of…
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HIGH USE OF INPUT CREDIT UNDER TAXMAN’S SCANNER
28, Jan 2019
|
Miscellaneous
In News The issue of high ITC was flagged at the meeting of the Group of Ministers (GoM) which was set up by the GST…
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FPI OUTFLOWS AT NEARLY RS 6,000 CRORE IN JANUARY
28, Jan 2019
|
Banking
In News Foreign investors have pulled out close to Rs. 6,000 crores so far from the Indian stock markets in January 2019. Explained Even as the…
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Supreme Courts Upholds Constitutional Validity of Insolvency and Bankruptcy Code
26, Jan 2019
|
Banking
In News: The government’s Insolvency and Bankruptcy Code, 2016 (IBC), earned some rare praise from the Supreme Court which said that it was “happy to…
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Agri Sector Should be boosted through Credit flows
26, Jan 2019
|
Agriculture, ignorance, subsidy, marketing
In News: The Prime Minister’s Economic Advisory Council (EAC-PM) said that the agriculture sector should be bolstered through increased credit flows and schemes such as…
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PCR has to be Backed by a Comprehensive Act
25, Jan 2019
|
Banking
In News: The central bank plans to engage with the Centre and other regulators to bring in a comprehensive Public Credit Registry (PCR) Act to…
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Commerce Ministry not to extend Feb.1 Deadline for E-Tailers
25, Jan 2019
|
Service Sector
In News: The Commerce and Industry ministry is not in favour of extending the deadline of February 1 for implementing the revised guidelines for e-commerce…
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Cabinet Gives NOD to set up GST Appellate Tribunal
24, Jan 2019
|
Service Sector
In News: The Union Cabinet has approved the creation of a National Bench of the Goods and Services Tax Appellate Tribunal (GSTAT), which would serve…
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SEBI may Review Mutual Fund Categorisation Norms
23, Jan 2019
|
Banking
In News: The Securities and Exchange Board of India (SEBI) is mulling a review of its regulatory framework for categorisation of mutual funds (MFs) as…
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Lithium Ion GIGAFACTORY
22, Jan 2019
|
Industries, Textile, E -Commerce, Pharma, Service
In News: State-owned Bharat Heavy Electricals Limited (BHEL), one of India’s largest power generation equipment manufacturers, is in talks with Libcoin consortium to build Indian…
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Rationalise New Norms for External Borrowing: NSEFI
21, Jan 2019
|
Banking
In News: National Solar Energy Federation of India (NSEFI), a non-profit organisation, has written to the Prime Minister’s Office requesting to direct the Reserve Bank…
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No E – way bills for Non-Filers of GST Returns
21, Jan 2019
|
Service Sector
In News: Non-filers of GST return for six consecutive months will soon be barred from generating e-way bills for movement of goods. Explained: The Goods…
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Rural Housing Achieves Only 66 Percent Target
19, Jan 2019
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Context: States are delaying allotment of land for landless beneficiaries, says Centre . Details: With two and a half months to go for the end…
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Removing all Barriers
19, Jan 2019
|
Service Sector
In News: Inaugurating the ninth edition of the Vibrant Gujarat Summit here, prime minister said the country was ready to do business like never before;…
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Inflation Volatility is a challenge
19, Jan 2019
|
Service Sector
In News: Amid a growing demand for a reduction in interest rate in the upcoming monetary policy review scheduled for February 7, Reserve Bank of…
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INDIAN ECONOMY EXPECTED TO GROW AT 7.5% IN 2019-20
18, Jan 2019
|
WTO, Industrial Economics
In News Indian economy is expected to grow at a higher at 7.5 per cent in 2019-20 on account of steady improvement in major sectors,…
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START-UPS SEEKING ANGEL TAX EXEMPTION GET RELIEF
18, Jan 2019
|
WTO, Industrial Economics
In News The government simplified the process for startups seeking exemption from angel tax notices by eliminating the need for a certification from an inter-ministerial…
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PCA Banks fate hangs on Q4 Show
15, Jan 2019
|
Banking
In News: The banks which are under the prompt corrective action (PCA) framework have been asked to provide an estimate of the quantum of provision…
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RBI Warns of NPA Spike in MUDRA Loans
14, Jan 2019
|
Banking
In News: The Reserve Bank of India (RBI) has raised a red flag over spike in non-performing assets (NPAs) under the government’s flagship scheme to…
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Govt. Plans Technology Centres for MSME
14, Jan 2019
|
Industries, Textile, E -Commerce, Pharma, Service
In News: The Ministry of Micro, Small and Medium Enterprises (MSME) will develop 20 technology centres, along with extension centres across the country in another…
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India For Afghanistan Led peace Talks
14, Jan 2019
|
Bi-Lateral Relations
What’s in the news? Swaraj’s statement goes against Army chief’s suggestion for talks with Taliban India supports the efforts of the government and the people…
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Panel Pulls up Govt. for Diverting Coal Cess
12, Jan 2019
|
Industries, Textile, E -Commerce, Pharma, Service
In News: The 42nd standing committee on energy in its report on stressed gas-based power plants tabled in Parliament January 2019 has pulled up the…
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Women bought a Third of Life Policies sold in 2017-18
12, Jan 2019
|
Service Sector
In News: Almost a third of the 2.82 crore life insurance policies sold during 2017-18 in the country has been bought by women, according to…
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Industrial Growth Falls to 17-Month Low
12, Jan 2019
|
Industries, Textile, E -Commerce, Pharma, Service
In News: Industrial output growth dropped to a 17-month low of 0.5 percent in November on account of contraction in manufacturing sector, particularly consumer and…
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RBI Notifies Deferment of Capital Buffer Norms
11, Jan 2019
|
Banking
In News: The Reserve Bank of India deferred the implementation of the last tranche of Capital Conservation Buffer (CCB) by a year. What is Capital…
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GST Burden on Small Business eased
11, Jan 2019
|
Service Sector
In News: The GST Council in its 32nd meeting the last before the Budget took a slew of decisions aimed at reducing the tax and…
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Waive off Road Tax for Electric Vehicles, Centre urges states
11, Jan 2019
|
Service Sector
Context: The Centre urged states and Union Territories to waive off the road tax for all electric vehicles (EVs) and to give their feedback for…
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Tokensation may aid safe Digital Transactions
10, Jan 2019
|
Banking
In News: The Reserve Bank of India’s (RBI) decision to allow card payment providers to offer tokenization services will ensure the safety of digital transactions…
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Private Consumption, A $6 Trillion Opportunity
10, Jan 2019
|
Industries, Textile, E -Commerce, Pharma, Service
In News: Domestic private consumption that accounts for a major portion of India’s gross domestic product (GDP) is expected to develop into a $6 trillion…
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Panel asks Government to ease norms for Cargo movement, Improve Logistics sector
09, Jan 2019
|
Industries, Textile, E -Commerce, Pharma, Service
In News: Bibek Debroy-led Logistics Development Committee has suggested creation of an independent logistics department within commerce ministry entrusted with the responsibility to develop a…
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Hardware exports poised to Grow 7-8%
09, Jan 2019
|
Industries, Textile, E -Commerce, Pharma, Service
In News: Hardware exports are poised to reverse the declining trend of the past few years with a 7-8% growth this fiscal, according the Electronics…
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Irrigation Projects Delayed to Jump in Costs: CAG
09, Jan 2019
|
Agriculture, ignorance, subsidy, marketing
Context: Tardy implementation of projects under the Accelerated Irrigation Benefit Programme (AIBP) between 2008-2017 led to an almost threefold jump in the cost of these…
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OALP – II Auctions
08, Jan 2019
|
Banking
In News: The government is expecting about ₹40,000 crore of investment in the 14 blocks it put up on auction for prospecting of oil and…
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GDP to Grow at 7.2% for FY19
08, Jan 2019
|
Industries, Textile, E -Commerce, Pharma, Service
In News: The government has projected GDP growth for the full year 2018-19 to come in at 7.2%, which implies that growth in the second…
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GST can boost direct, Indirect Tax Collections
07, Jan 2019
|
Taxes and Taxation
In News: The fact that the government is increasingly dependent on tax revenue, especially indirect taxes, to meet its fiscal requirements is not a cause…
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Women’s Share in Deposits, Loans Inching UP: RBI Study
05, Jan 2019
|
Banking
In News: The share of women in total credit and aggregate deposits of individuals increased further to 20.4 per cent and 32.8 per cent, respectively,…
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SEBI Tweaks norms for commodity exchanges
05, Jan 2019
|
Banking
In News: Commodity derivatives exchanges will now have to disclose the quantum of trading done by farmers and other commodity market participants like millers and…
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Rising GDP not enough to counter sharp rise in CAD
05, Jan 2019
|
Banking
In News: A Reserve Bank of India study has warned that a crude oil price shock will lead to surge in inflation or fiscal deficit…
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Printing of ₹2,000 notes reduced to minimum
04, Jan 2019
|
Banking
In News: The printing of Rs. 2,000 banknotes, introduced post-demonetization in November 2016, has been reduced to the "minimum" by the Reserve Bank. Explained: Soon after the…
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House Panel recommends to ease capital requirements for banks
04, Jan 2019
|
Banking
In News: A parliamentary panel asked the central bank to ease its rules on capital requirements for banks so that they can increase lending. Explained: In a…
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Merchant Exporters to get Interest Equalisation Scheme
03, Jan 2019
|
Schemes
In News: The government has decided to provide 3% interest subsidy to merchant exporters to enhance flow of funds for them with a view to…
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RBI ‘EYES’ Solution to read Denominations
03, Jan 2019
|
Banking
In News: In a bid to help the visually challenged, the Reserve Bank of India (RBI) is scouting for a digital solution that can identify…
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RBI Unveils Loan Recast Scheme for Small Units
02, Jan 2019
|
Banking
In News: The Reserve Bank of India (RBI) announced a one-time restructuring scheme for stressed loan accounts of micro, small and medium enterprises (MSMEs), one…
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RBI Reserves Ratio Among the Highest
01, Jan 2019
|
Banking
In News: Analysis of the balance sheets of the central banks of 10 comparable economies shows that the RBI's reserves as a percentage of its…
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Core sector growth slows to 16-month low in November
01, Jan 2019
|
Industries, Textile, E -Commerce, Pharma, Service
In News: Core sector growth slowed to 3.5% in November, the slowest in 16 months, from 4.8% in October, due in large part to a…
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Gender pay gap will take 202 years to close: report
20, Dec 2018
|
Growth, Development, National
Context: The World Economic Forum has mentioned that it could take 202 years for women to earn as much as men. Details: This is due…
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RBI scales up liquidity infusion
19, Dec 2018
|
Banking
In news: The Reserve Bank had decided to scale up the amount of liquidity infusion by ₹ 10,000 crore to ₹50,000 crore this month, after…
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LPG scheme to cover poor people
18, Dec 2018
|
Agriculture, ignorance, subsidy, marketing
Context: The Union Cabinet on Monday approved the expansion of the Pradhan Mantri Ujjwala Yojana, which aims to provide deposit-free LPG connections to all poor…
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Anti-dumping duty imposed on Chinese chemical for 5 years
17, Dec 2018
|
WTO, Industrial Economics
In News: The revenue department of government of India has imposed anti-dumping duty for five years on a Chinese chemical used in making detergents to…
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RBI’S Forex Reserves Marginally up to $393.734 Billion
15, Dec 2018
|
Banking
In News: India's foreign exchange (forex) reserves marginally rose by $6 million during the week ended December 7 According to the Reserve Bank of India…
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Loan Waivers to Farmers to Burden Economy
15, Dec 2018
|
Banking
In News: State governments should resist giving farm loan waivers since they will create fiscal stress and not reach the farmers that need them, former…
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India post launches E-Com portal
15, Dec 2018
|
Banking
In News: India Post on Friday launched its own ecommerce website to help sellers, particularly rural artisans and SHGs sell their products across the country.…
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Bankers ASK RBI to EASE PCA Norms
14, Dec 2018
|
Banking
In News: Chief executives of public sector banks, who met the new Reserve Bank of India(RBI) Governor, requested the central bank to relax the prompt…
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Apparel Exporters Want Hike in Duty Drawback Rates
14, Dec 2018
|
Taxes and Taxation
In News Apparel exporters have appealed to the government to review the duty drawback rates announced recently for readymade garments The new rates announced by…
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Foreign Institutional Investor (FII)
13, Dec 2018
|
Capital Market
Introduction: Foreign Institutional Investor (FII) means an institution established or incorporated outside India which proposes to make investment in securities in India. They are registered…
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EAC- PM (Economic Advisory Council to the Prime Minister)
13, Dec 2018
|
Growth, Development, National
In News: Eminent economist and columnist Surjit Bhalla had resigned as parttime member from the Economic Advisory Council to the Prime Minister (EAC-PM). Background: Economic…
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India to Receive $800 Billion Remittance in 2018
12, Dec 2018
|
Economics
Why in News? India is likely to receive total remittances of $ 800 billion, stated the Migration and Development Brief released by the World Bank…
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SEBI to relax listing norms for start-ups, rename it innovators growth platform
11, Dec 2018
|
Capital Market
In News: In a major push to kickstart listing of start-ups in India in a big way, capital markets regulator Sebi has lined up a…
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kaiga power station-1 creates a world record yet again
11, Dec 2018
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Context: Karnataka’s Kaiga has once again made the country proud by creating a world record for the longest uninterrupted operation for 941 days, thereby breaking…
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Green GDP
11, Dec 2018
|
National Income
Introduction: Green GDP is a term used generally for expressing GDP after adjusting for environmental damage. Background: The System of National Accounts (SNA) (is the…
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GDP Deflator
11, Dec 2018
|
National Income
What is GDP deflator? The Gross Domestic Product (GDP) deflator is a measure of general price inflation. It is calculated by dividing nominal GDP by real GDP and then multiplying by…
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Banking Correspondent (BC)
11, Dec 2018
|
Banking
Introduction: Banking Correspondents (BCs) are individuals/entities engaged by a bank in India (commercial banks, Regional Rural Banks (RRBs) and Local Area Banks (LABs)) for providing banking services…
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Union cabinet approves implementation of shahpurkandi dam
11, Dec 2018
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? Union Cabinet has approved implementation of Shahpurkandi Dam Project on river Ravi in Punjab. The project will be implemented by Punjab Government…
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Flood hit Plantations Look for Rescue Act
18, Oct 2018
|
Agriculture, ignorance, subsidy, marketing
In news: The United Planters’ Association of Southern India (UPASI) has estimated the plantation crop loss in the recent floods, mainly in Kerala, parts of…
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National Taskforce on Land Reforms
17, Oct 2018
|
Agriculture, ignorance, subsidy, marketing
In News: • The people’s movement Ekta Parishad cut short its march of 25,000 landless and tribal people from Gwalior to Delhi last Saturday after…
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Fines Fail to Deter Stubble Burning
16, Oct 2018
|
Agriculture, ignorance, subsidy, marketing
Why in News? The Centre and the States — Punjab, Haryana and Uttar Pradesh — have in several meetings through the year declared a “zero…
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Punjab to Post Nodal Officers to Curb Stubbling Burning
16, Oct 2018
|
Agriculture, ignorance, subsidy, marketing
Why in News? To curb the menace of stubble burning, the State has decided to appoint nodal officers in 8,000 paddy growing villages. The villages…
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ECB Norms Relaxed oil Companies
15, Oct 2018
|
Capital Market
In News: With the rupee under pressure following rise in global crude oil prices, the Reserve Bank of India liberalized the norms for oil marketing…
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Centre RBI Difference
15, Oct 2018
|
Banking
Context: There are many differences and contentions points between RBI and the central government on managing Indian economic fabric, creating tensions between them. Though there…
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Oil Bond
14, Oct 2018
|
Capital Market
What is oil bond? Oil bonds are issued by the government to compensate oil marketing companies (OMCs), fertilizer companies and the Food Corporation of India…
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Cabinet NOD to panel on United nations Sustainable Development goals
13, Oct 2018
|
Financial inclusion
Why in News? The Union Cabinet gave its nod for the constitution of a high-level steering committee to review and monitor the progress on sustainable…
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Hunar Haat
12, Oct 2018
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Hunar haat comes under the Ministry of Minority affairs. Hunar Haat components: To promote marketing and sale of products of individual Minority craftsmen/ artisans. To…
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Government Invites Bids for International UDAN Flights
11, Oct 2018
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in News? The central government has invited proposals from interested air operators for the international version of its ‘Udan’ (Ude Desk Ka Aam Nagrik)…
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Panel for adopting un model on cross – Border Insolvency
10, Oct 2018
|
Growth, Development, National
Why in News? A high-level committee has recommended adoption of a United Nations model law along with some carve outs for dealing with cross-border insolvency…
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Lagoon Villas to come to Lakshadweep’s Emeralds
10, Oct 2018
|
Growth, Development, National
Why in News? NITI Aayog plans ‘eco-cottages’ and a film city to boost tourism in the island territories. NITI Aayog’s strategy to attract Tourist: As…
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India Leadership Summit
09, Oct 2018
|
Investments, Investment models
Why in News? U.S.-India Strategic Partnership Forum organised the India leadership summit. About the summit: They briefed the Prime Minister on the outcomes of India…
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GOVERNMENT FIVE POINT PLAN
07, Sep 2018
|
Growth, Development, National
In an effort to encourage capital flows against the backdrop of a widening current account deficit, the government announced that it will focus on a…
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BSE, NSE GET SEBI NOD FOR COMMODITY SEGMENT
06, Sep 2018
|
Capital Market
Why in news? The Securities and Exchange Board of India has given the regulatory go-ahead to BSE and NSE to start their respective commodity derivatives…
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ECB (EXTERNAL COMMERCIAL BORROWING) NORMS EASED
05, Sep 2018
|
Growth, Development, National
The Reserve Bank Wednesday eased norms for companies in manufacturing sector to raise overseas funds and allowed Indian banks to market Masala Bonds in line…
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MOU BETWEEN INDIA AND JAPAN
05, Sep 2018
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Japan International Cooperation Agency has signed an agreement with India to provide an Official Development Assistance (ODA) Rs 5,500 Crore loan, as the first tranche…
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CABINET CLEARS PROPOSAL TO MAKE GSTN 100 PER CENT GOVT- OWNED COMPANY
05, Sep 2018
|
Taxes and Taxation
Why in news? The Union Cabinet has cleared a proposal to convert the GST Network into a government- owned company, finance minister Arun Jaitley GSTN:…
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MOV on Masala Bond
05, Sep 2018
|
Capital Market
The Memorandum of Understanding (MoU) was signed by NSE London Stock Exchange Group on dual listing of masala bonds About: Under the pact, together LSEG…
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Internal Ombudsman
04, Sep 2018
|
Banking
RBI introduces Internal Ombudsman Scheme for stronger redressal of banks customer complaints. About: The banking regulator has asked all the Scheduled Commercial Banks having 10…
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India Post Payments bank
03, Sep 2018
|
Banking
Prelims: Indian Economy Prime Minister Narendra Modi launched India Post Payments Bank (IPPB) under Indian postal department, in a bid to take banking to the…
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Proposal for city level GDP under study
18, Aug 2018
|
Growth, Development, National
The Economist Intelligence unit (EIU) recently did a feasible study of various models to calculate city-level GDPs for the MOHUA. Urban India responsible for an…
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Cabinet clears Rs. 1,600 cr. Mission to map coasts
17, Aug 2018
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has given its approval for the umbrella scheme “Ocean Services, Technology,…
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GST Exemption
17, Aug 2018
|
Taxes and Taxation
The GST Council has decided to extend the deadline for filing GSTR-3B returns for July for taxpayers in Kerala to October 5, and for August…
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Solar cell safeguard duty put on hold
17, Aug 2018
|
Taxes and Taxation
The government issued a notification putting on hold the imposition of the safeguard duty on the import of solar cells from China and Malaysia. Background:…
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Centre moots overseas UDAN
16, Aug 2018
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
Why in news? The government is planning to extend its regional connectivity scheme Ude Desh Ka Aam Nagrik (UDAN) to overseas locations also as part…
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STT for derivatives
16, Aug 2018
|
Capital Market
Central Board of Direct Taxes (CBDT) clarified that physical settlement in the equity derivatives segment will attract securities transaction tax (STT) of 0.1 per cent.…
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FDI: India remains top destination
16, Aug 2018
|
Capital Market
Why in news? India remains a preferred destination for foreign direct investment (FDI) as domestic consumption remains strong, according to the RBI Annual Report. FDI Inflow:…
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Crash in Rupee
16, Aug 2018
|
Capital Market
Rupee was crash to a fresh all-time low of 71.10 against the US dollar amid prevailing weakness in emerging market currencies. The government attributed the…
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RBI on stressed assets
12, Aug 2018
|
Banking
The Reserve Bank of India (RBI) has started scrutiny of 200 large accounts to assess level of stress and provisioning done against them by respective…
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Fall Army worm
09, Aug 2018
|
Agriculture, ignorance, subsidy, marketing
A large-scale outbreak of a new pest named Fall armyworm is devastating maize crop throughout Karnataka. The finding is the first report of this pest…
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FASTAG
25, Jul 2018
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
What is it ? To Regulate traffic in the tollgates, which has resulted in increasing cost of logistics, the Union Ministry of Road Transport and…
Read More
FDI
24, Jul 2018
|
Capital Market
Why In News? There has been 300% increase in FDI inflows in IT and 1TES in Karnataka and rebound in investment in Tamil Nadu. What…
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Inter Creditor Agreement
24, Jul 2018
|
Banking
Lenders of the country signed an agreement known as Inter-creditor agreement (ICA) among themselves to grant power to the lead lender of the consortium to…
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Policy Induced Inefficiencies are Export Policy
23, Jul 2018
|
Growth, Development, National
Trade policy measures. a variety of trade policy measures applied in 2000-16 – such as export prohibitions, export quotas, export duties, or minimum export prices…
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India Post-Life Insurance
23, Jul 2018
|
Financial inclusion
The Department of Posts plans to build on its life insurance, which can be seen as part two of the government’s flagship Jan Dhan Yojana…
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Study on Agriculture Policy in INDIA – ICRIER & OECD
23, Jul 2018
|
Agriculture, ignorance, subsidy, marketing
Agriculture Policies in India - proposes a set of policy measures that, taken together, would improve the incomes of farm households, improve nutrition outcomes for…
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MSP Hiked
23, Jul 2018
|
Agriculture, ignorance, subsidy, marketing
Union government hiked MSP for 15 kharif crops including paddy and pulses. MSP: What: Minimum Support Price (MSP) is a form of market intervention by…
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Global Mobility Summit
22, Jul 2018
|
Infrastructure Road, inland, Railway aviation, Housing, Rural & Urban
NITI Aayog, in collaboration with various ministries and industry partners, is organising ‘MOVE: Global Mobility Summit’ in New Delhi. This Summit will help drive Government’s…
Read More
Sunil Mehta Committee
22, Jul 2018
|
Banking
A committee under Sunil Mehta was set up to give recommendation on formation of an Asset Reconstruction Company for quicker resolution on stressed assets. Committee…
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Index of Eight Core Industries
21, Jul 2018
|
Growth, Development, National
Index of eight core industries was released by ministry of commerce and industries. The Eight Core Industries comprise 40.27 per cent of the weight of…
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GST Council
21, Jul 2018
|
Taxes and Taxation
Conceding to a long standing demand, the GST council has exempted several goods from the GST net. Background: Goods & Services Tax Council is a…
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Reverse Charge Mechanism
20, Jul 2018
|
Taxes and Taxation
Definition: Reverse charge is a mechanism where the recipient of the goods and/or services is liable to pay tax instead of the supplier. Application of…
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GST Day
20, Jul 2018
|
Taxes and Taxation
To commemorate first year of GST reform GST day was celebrated on 1st July 2018. Constitution 101st Amendment Act- an indirect tax on the supply…
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RBI report on inward remittance
17, Jul 2018
|
Growth, Development, National
The United Arab Emirates (UAE) has emerged as the top source of inward remittances, while Kerala has received the maximum funds sent from abroad. Remittance:…
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Anti – Dumping Measures Against China Ineffective, says Parliamentary committee
09, Jul 2018
|
Growth, Development, National
Companies in India are side-stepping the anti-dumping measures imposed by the government by deliberately misclassifying items imported from China. Report by Parliamentary Standing Committee on…
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