Govt. in talks with foreign lenders for loans to SMEs
The Indian government is in talks with foreign lenders to provide credit to millions of small and medium enterprises(SME). This step is being taken after state owned banks have not …
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Union HRD Minister releases Deeksharambh
The Union Minister of Human Resource Development has released UGC Guide to Student Induction Programme called “Deeksharambh”. The Programme aims to engage with the new students as soon as they …
Read MoreCabinet okays amendments to bankruptcy code
The Union Cabinet has approved the Insolvency and Bankruptcy Code (Amendment) Bill,2019. The bill places greater emphasis on time-bound resolution and laying down voting rules of the financial creditors. The …
Read MoreBudget Briefs:Government proposes measures to deepen Corporate Debt markets
Finance minister has said that the government will work with the Reserve Bank of India(RBI) and Securities and Exchange Board of India(SEBI) to deepen the corporate debt market with a …
Read MoreRBI sets up panel to review CICs
The Reserve Bank of India(RBI) has set up a working group to review the regulatory and supervisory framework for core investment companies (CIC). The working group will examine (a)regulatory framework …
Read MoreHigh trading costs impact liquidity of Indian equities: study
According to a study by the World Bank,the turnover ratio of the Indian stock market had fallen from 143 in 2008 to 58 in 2018. The turnover ratio which is …
Read MoreGovt may enhance RBI powers for better supervision of NBFCs
The government is considering a proposal from the Reserve Bank of India(RBI) seeking more powers to improve its regulatory and supervisory mechanism for non-banking financial companies(NBFCs). This proposal came after …
Read MoreSurjit Bhalla Committee on Trade and Policy
Union Minister of Finance & Corporate Affairs has informed Rajya Sabha about the Surjit Bhalla Committee on Trade and Policy. The Union commerce ministry had constituted a high-level advisory group …
Read MorePre-Budget consultations: Financial sector seeks dedicated liquidity window for NBFCs
Finance Minister has held pre-budget discussions with the representatives from India’s financial sector. The representatives sought for a dedicated liquidity window for non-bank finance companies(NBFC) that can be used as …
Read MoreSupreme Court agrees to examine power of authorities to arrest individuals for GST evasion
Supreme Court has decided to examine the power of the government officials to arrest persons for Good and Services Tax (GST) evasion. The court observed that different high courts had …
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