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Economy

SEBI tightens norms for liquid funds

September 22, 2019September 23, 2019 - by Abdul

News:The Securities and Exchange Board of India (Sebi) has released a circular on risk management framework for liquid funds. Facts: About Liquid funds: Liquid funds belong to the debt category …

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Economy

Explained: How the latest corporate tax rate cut impacts the economy

September 21, 2019September 21, 2019 - by Abdul

News:Finance Minister has announced to reduce the corporate tax rates in order to encourage manufacturing and boost private investment. Facts: About the tax rate cut:The government has taken the following …

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Economy

Corporate social responsibility(CSR)

September 21, 2019 - by Abdul

News:Government has decided to expand the scope of corporate spend under Corporate Social Responsibility(CSR) norms. Facts: About CSR: Corporate social responsibility (CSR) was initiated through the Companies Act, 2013. The …

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Economy

Bharat Bill Payment System(BBPS)

September 20, 2019September 20, 2019 - by Abdul

News:The Reserve Bank of India has expanded the scope of the Bharat Bill Payment System (BBPS) by adding other categories of recurring payments through the portal. Facts: About BBPS: BBPS …

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Economy

MSDE, IBM come together for nationwide Train-the-Trainer program in AI

September 20, 2019September 20, 2019 - by Abdul

News:Ministry of Skill Development has signed an agreement with Global IT major IBM for nationwide Train-the-Trainer program in Artificial Intelligence. Facts: About the program: As part of the program,trainers will …

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Economy

In liquidity push, PSBs plan ‘loan melas’ in 400 districts

September 20, 2019September 20, 2019 - by Abdul

News:Finance Minister has announced that the public sector banks will be organising loan meals in 400 districts beginning October 3,2019. Facts: About loan melas: The loan melas will be organized …

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Economy

Committee to review Companies, LLP Acts

September 19, 2019September 19, 2019 - by Abdul

News:Government of India has constituted the company law committee for examining and making recommendations on various provisions and issues related to implementation of the Companies Act. Facts: About the committee: …

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Economy

Nirvik Scheme

September 18, 2019September 18, 2019 - by Abdul

News:Ministry of Commerce & Industry through Export Credit Guarantee Corporation(ECGC) has introduced a new Export Credit Insurance Scheme (ECIS) called NIRVIK. Facts: About the scheme: The scheme aims to ease …

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Economy

Reserve Bank wants stricter rules for e-commerce payments gateways

September 18, 2019September 18, 2019 - by Abdul

News:RBI has asked for stricter rules for E-commerce marketplaces acting as payment gateways and payment aggregators to other merchants. Facts: What are payment gateways? Payment gateways and payment aggregators refer …

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Economy

Digital certificate of origin system unveiled

September 17, 2019 - by Abdul

News:Commerce Ministry has launched the common digital platform for the issuance of certificates of origin. Facts: What Is a Certificate of Origin(CO)? A certificate of origin(CO) is a document declaring …

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