The Reserve Bank of India (RBI) on 30 July 2024 issued a master direction to Read More …
Category: Economy
RBI’s master direction on wilful and large defaulters.
RBI issued draft guidelines on higher Liquidity Coverage Ratio (LCR)
RBI has issued draft guidelines on Liquidity Coverage Ratio (LCR). The regulator has asked banks Read More …
Indexation in calculating long-term capital gains (LTCG)
In the Union Budget 2024, the finance minister has made an adjustment regarding the treatment Read More …
Union Budget 2024-25: Employment-Linked Incentive (ELI)
During the Union Budget 2024-25 presentation, Finance Minister Nirmala Sitharaman announced introduced three new schemes Read More …
Union Budget 2024-25: Paid internship scheme
The Union Finance Minister introduced the paid internship scheme in the Union Budget 2024-25.
Global economic ‘soft landing’
According to a recent report, G20 draft communique sees growing chance of global economic ‘soft Read More …
NPS Vatsalya
A new pension scheme named ‘Vatsalya’ has been proposed for minors by Union Minister for Read More …
Union Budget 2024-25: Capital gains tax changes
The Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman on 23 July presented Read More …
National Income Tax Day 2024
National Income Tax Day is celebrated on 24th July. The day marks a significant milestone Read More …
India’s Per Capita Income Projected To Reach Rs 14.9 Lakh By 2047
According to a presentation made by Chief Economic Adviser V Anantha Nageswaran, in 2047, the Read More …
Economic Survey 2023-24: India’s real GDP is projected to grow between 6.5–7% in 2024-25
The Economic Survey 2023-24, tabled by the Union Minister for Finance and Corporate Affairs Smt. Read More …
Economic Survey 2023-24: Agri sector provides livelihood support to 42.3% of the population
Economic Survey says that the Indian agriculture sector provides livelihood support to about 42.3 per Read More …
Economic Survey 2023-24: Expenditure on social services increased to to 7.8 % of GDP in 2023-24
The Economic Survey 2023-24, tabled by the Union Minister for Finance and Corporate Affairs Smt. Read More …
Economic Survey 2023-24 addresses mental health at the economic level for the first time ever
For the first time ever, the Economic Survey 2023-24 talks extensively about mental health, its Read More …
Economic Survey 2023-24: Services sector accounts for 55% of the economy
The Economic Survey 2023-24, tabled by the Union Minister for Finance and Corporate Affairs Smt. Read More …
National Time Release Study (NTRS) 2024
Recently, the Chairman of the Central Board of Indirect Taxes and Customs (CBIC), along with Read More …
Outward remittances fells due to increase in tax collection at source (TCS)
Outward remittances under the Reserve Bank of India’s (RBI’s) Liberalised Remittance Scheme (LRS) declined by Read More …
Neutral or natural rate of interest
A Reserve Bank of India (RBI) study has estimated the neutral or natural rate of Read More …
SEBI proposes new asset class for high risk takers
Indian market regulator SEBI has proposed a new asset class that could bridge the the Read More …
Gevra and Kusmunda coal mines secured 2nd and 4th spot in world’s 10 largest coal mines
Chhattisgarh-based Coal India subsidiary South Eastern Coalfields Limited’s (SECL) Gevra and Kusmunda coal mines have Read More …
Staff-level agreement (SLA)
Pakistan and the International Monetary Fund (IMF) reached an agreement for a $7 billion, 37-month Read More …
Positive rate of inflation in June 2024
India’s wholesale price index (WPI)-based inflation for the month of June 2024 accelerated to a Read More …
Eurasian Economic Union (EEU)
During Prime Minister Narendra Modi’s recent visit to Russia, both sides decided to expedite the Read More …
India Sets $100 Billion Trade Target With Russia by 2023
India and Russia have set a target of $100 billion in annual trade volume by Read More …
Information ratio
Market regulator SEBI has proposed that all mutual funds mandatorily disclose risk-adjusted return, not just Read More …