India has made a notable shift from the economic policies of 1991, when it exported Read More …
Category: Economy
India Brings Back Nearly 100 Tonnes Of Gold from UK
Pre-packaged insolvency resolution process (PIRP)
In the three years since its launch, the prepackaged insolvency resolution process (PIRP) has had Read More …
RBI launches ‘PRAVAAH’ portal
The Reserve Bank of India (RBI) has launched ‘PRAVAAH’ portal which is a secure and Read More …
India has trade deficit with 9 of top 10 trading partners in 2023-24
According to official data released by the government, India has recorded a trade deficit with Read More …
What is Tick Size?
The National Stock Exchange (NSE) has announced to reduce tick size — or the minimum Read More …
Cost Inflation Index (CII)
The income tax department has notified the Cost Inflation Index for the current fiscal beginning Read More …
RBI approves Rs. 2.11 lakh crore dividend payout to govt for 2023-24
The Reserve Bank of India (RBI) on May 22 approved a Rs. 2.11 lakh crore Read More …
Travel & Tourism Development Index 2024
India has climbed to the 39th position in the latest World Economic Forum’s “Travel & Read More …
Finternet
Multiple financial ecosystems interconnected with each other is called Finternet, much like the internet.
SBI becomes trading-clearing member of IIBX at GIFT City
The State Bank of India (SBI) on May 13 announced that it has secured the Read More …
Local Content Requirement
According to a recent media report, the government is planning to tweak its procurement policy Read More …
Participatory notes
Foreign portfolio investors (FPIs) domiciled at the GIFT International Financial Services Centre (IFSC) and registered Read More …
RBI allows standalone primary dealers (SPDs) to borrow in foreign currency
The Reserve Bank of India (RBI) has allowed standalone primary dealers (SPDs) to borrow in Read More …
India launches World Castor Sustainability Forum (WCSF)
India has launched the World Castor Sustainability Forum (WCSF). This initiative aims to provide a Read More …
Justice Sanjaya Kumar Mishra appointed President of GST Appellate Tribunal (GSTAT)
The Government of India has set in motion the Goods and Services Tax Appellate Tribunal Read More …
Cocoa beans price rise
The price of cocoa beans, the most important raw material in chocolates, has skyrocketed, hitting Read More …
IREDA Granted ‘Navratna Status’
Indian Renewable Energy Development Agency Ltd (IREDA) has been granted ‘navratna status’ by the Department Read More …
Qualified Domestic Minimum Top-up Tax (QDMTT)
According to a recent report, 18 of the EU’s 27 nations have put in place Read More …
BIS releases “Core Principles for Effective Banking Supervision”
The Bank for International Settlements (BIS) on 25th April, released the ‘Core Principles for Effective Read More …
Interest Equalisation Scheme (IES)
Exporters have urged the government to extend the interest equalisation scheme (IES) that is set Read More …
Special 301 report
The US Trade Representative’s (USTR) 2024 Special 301 report has once again included India in Read More …
Authorised Economic Operator (AEO)
The Union Ministry of Finance has assigned the Authorised Economic Operator (AEO) status to the Read More …
RBI sets norms for voluntary conversion of small finance banks into universal banks
The Reserve Bank of India (RBI) on April 27 released the guidelines for the voluntary Read More …
Inheritance taxes
A debate has arisen in India over ‘Inheritance tax’ following remarks by some politicians, however, Read More …
Vasuki indicus: The fossils of largest snake found in Gujarat
Researchers at the Indian Institute of Technology (IIT) Roorkee have discovered the fossils of one Read More …