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Economy

Gross Domestic Product growth falls to 4.5% in Q2 of 2019-20

November 30, 2019November 30, 2019 - by Abdul

News:According to data released by the Central Statistics Office (CSO),India’s Gross Domestic Product(GDP) growth has fallen to 4.5% for the second quarter (July-September) of the year 2019-20. Facts: About the …

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Economy

Cabinet approves Double Taxation Avoidance Agreement between India-Chile

November 29, 2019November 29, 2019 - by Abdul

News:Union Cabinet has approved the signing of Double Taxation Avoidance Agreement (DTAA) and Protocol between India and the Republic of Chile. Facts: About Double Taxation Avoidance Agreement(DTAA): Double Tax Avoidance …

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Economy

Boosting Textile Industry Through Technology Upgradation

November 29, 2019November 29, 2019 - by Abdul

News:Union Minister of Textiles has informed Rajya Sabha about the Amended Technology Upgradation Fund Scheme(ATUFS). Facts: About Amended Technology Upgradation Fund Scheme(ATUFS): The Technology Upgradation Fund Scheme was introduced by …

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Economy

RBI revises framework on currency swap arrangement for SAARC countries

November 28, 2019November 28, 2019 - by Abdul

News:The Reserve Bank has said that it has put in place a revised framework on currency swap arrangement for SAARC countries for 2019-2022. Facts: About currency swap arrangement: A currency …

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Economy

Govt. extends 15th finance panel term

November 28, 2019November 28, 2019 - by Abdul

News:The Union Cabinet has approved the extension of the term of the 15th Finance Commission setting 30th October,2020 as the new deadline. Facts: About Finance Commission: The Finance Commission is …

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Economy

Infra spending by States must rise: Crisil

November 27, 2019November 27, 2019 - by Abdul

News:The Credit rating agency CRISIL has released its Infrastructure Yearbook 2019. Facts: Key takeaways from the Yearbook: CRISIL has said that states need to scale up investments to Rs 110 …

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Economy

Reserve Bank flags rising bad assets from Mudra loans

November 27, 2019 - by Abdul

News:The Reserve Bank of India (RBI) has expressed concern over rising bad loans from Pradhan Mantri MUDRA Yo­jana(PMMY). Facts: About Rising Bad loans in MUDRA Yojana: The RBI Deputy Governor …

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Economy

Explained:Nomura’s Food Vulnerability Index(NFVI)

November 26, 2019November 26, 2019 - by Abdul

News:According to a report by Nomura Global Market Research, India is ranked 44 out of 110 countries in Nomura’s Food Vulnerability Index. Facts: About Nomura’s Food Vulnerability Index: Nomura is …

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Economy

Taxation Laws (Amendment) Bill, 2019 introduced in Lok Sabha

November 26, 2019 - by Abdul

News:Finance Minister has introduced the Taxation Laws (Amendment) Bill, 2019 in the Lok Sabha. Facts: Key features of the bill: Currently, domestic companies with an annual turnover of up to …

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Economy

Corporate Social Responsibility undertaken by Oil PSUs

November 26, 2019November 26, 2019 - by Abdul

News:Union Minister for Petroleum and Natural Gas has informed Lok Sabha about the initiatives undertaken by Oil PSUs as part of their Corporate Social Responsibility(CSR). Facts: About Corporate Social Responsibility(CSR): …

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