The Reserve Bank of India (RBI) is reverting to the multiple price method for all auctions of government bonds.
Category: Economy
PM addresses RBI@90 opening ceremony
The Prime Minister, Shri Narendra Modi addressed the opening ceremony of RBI@90, a program marking 90 years of the Reserve Bank of India, in Mumbai on April 1. Rs 90 coin RBI
Domestic Systemically Important Insurers (D-SIIs) 2023-24
Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC Re) and the New India Assurance Company continue to be identified as Domestic Systemically Important Insurers (D-SIIs) by the Insurance Regulatory and Development Authority of India (IRDAI) in Read More …
India-US resolve all seven pending WTO disputes bilaterally
India and the United States (US) have informed the World Trade Organization (WTO) that both countries have been able to arrive at a mutually agreed solution regarding the dispute over poultry imports from the USA. Key points
Global Trade Update report
The Global Trade Update report was released by United Nations Conference on Trade and Development (UNCTAD). Key highlights
Union Minister for Petroleum & Natural Gas launches Ethanol 100
The Union Minister for Petroleum & Natural Gas launched ‘Ethanol 100′ automotive fuel at Indian Oil’s Irwin Road Service Station in Delhi. About Ethanol 100
Price Monitoring Dashboard for 22 essential commodities
On the occasion of World Consumer Day, Union Minister of Consumer Affairs on 15th March 2024 launched a Price Monitoring Dashboard for 22 essential commodities in Mumbai. OIML (International Organization of Legal Metrology)
Prime Minister inaugurates first oil mill under NMEO-OP
In Arunachal Pradesh, the Prime Minister inaugurated the first oil mill under National Mission for Edible Oils – Oil Palm (NMEO-OP). It is India’s first integrated Oil Palm Processing Unit by 3F Oil Palm. The factory is located at Roing Read More …
Govt allows RBI to import gold without paying import levies
The Government of India has allowed RBI to import gold without paying import levies Indian gold importers need to pay basic customs duty and Agriculture Infrastructure and Development Cess (AIDC). Key facts
Electric Mobility Promotion Scheme 2024
Recently the Union Ministry of Heavy Industries launched Electric Mobility Promotion Scheme 2024 (EMPS 2024) scheme.
India-EFTA signed a Trade and Economic Partnership Agreement (TEPA)
India-European Free Trade Association (EFTA) signed a Trade and Economic Partnership Agreement (TEPA) on 10th March 2024. Key Highlights About EFTA
RBI’s new directions on credit cards
The Reserve Bank of India (RBI) has directed credit card issuers to give customers an option to choose from multiple card networks. Key points
e-Kisan Upaj Nidhi (Digital Gateway)
Union Minister for Consumer Affairs, Food & Public Distribution launched the ‘e-Kisan Upaj Nidhi’ (Digital Gateway) of Warehousing Development and Regulatory Authority (WDRA). Key points
Acing Development of Innovative Technologies with iDEX (ADITI) scheme
India’s Defence Minister launched Acing Development of Innovative Technologies with iDEX (ADITI) scheme to promote innovations in critical and strategic defence technologies, during DefConnect 2024 in New Delhi on March 04, 2024. Key points
PM Modi launches ONGC’s first oil taker ‘Swarna Sindhu’ from KG block
Prime Minister Narendra Modi on March 2 flagged off the first tanker “Swarna Sindhu” carrying crude oil produced in state-owned ONGC’s Krishna Godavari deepwater block.