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Economy

Finance Commission

September 11, 2019September 11, 2019 - by Abdul

News:The 15th Finance Commission has assured the Rajasthan government’s demand for additional funds on the basis of factors such as difficult geography, heterogeneous society, limited resources and future needs. Facts: …

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Economy

Economic census to be held every three years

September 9, 2019September 9, 2019 - by Abdul

News:Ministry of Statistics and Programme Implementation (MoSPI) has said that the economic census will now be conducted every three years. Facts: About Economic Census: Economic Census is a complete count …

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Economy

Govt sets up a task force for drawing up National Infra Pipeline of Rs 100 lakh cr

September 8, 2019September 9, 2019 - by Abdul

News:The government has constituted a task force for drawing up National Infrastructure Pipeline of 100 lakh crore rupees from the fiscal year 2019-20 to 2024-25. Facts: The Task Force will …

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Economy

CBDT signs 26 advance pricing agreements in April-August

September 6, 2019September 6, 2019 - by Abdul

News:The Central Board of Direct Taxes (CBDT) has entered into 26 Advance Pricing Agreements(APAs) in the first 5 months of the financial year (April to August,2019). Facts: About Advance Pricing …

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Economy

Digital Economy Report 2019

September 6, 2019September 6, 2019 - by Abdul

News:United Nations Conference on Trade and Development (UNCTAD) has released the Digital Economy Report 2019. Facts: About the report: The report outlines enormous potential gains from the increasingly interconnected global …

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Economy

External benchmark-based lending must: RBI

September 5, 2019September 5, 2019 - by Abdul

News:The Reserve Bank of India (RBI) has made it mandatory for banks to link all new floating rate personal or retail loans and floating rate loans to MSMEs to an …

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Economy

India among top 10 nations in gold reserves

September 5, 2019September 5, 2019 - by Sayoni

News: According to the latest release by the World Gold Council, India has ranked 10th in the country list with total gold reserves of 618.2 tonnes. Facts: USA has been …

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Economy

Task force recommends online loan sale platform

September 4, 2019September 4, 2019 - by Abdul

The Reserve Bank of India(RBI) has set up a task force to submit a report on the development of a secondary market for corporate loans.It was headed by T.N. Manoharan. …

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Economy

Panel on fintech submits a final report to FM Nirmala Sitharaman

September 3, 2019September 3, 2019 - by Abdul

Government of India has constituted a steering committee on fintech-related issues.The committee has submitted its report to the Ministry of Finance and Corporate Affairs. FinTech stands for financial technology and …

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Economy

Explained: India will get Swiss bank details of Indians from today. What does this mean?

September 3, 2019September 3, 2019 - by Abdul

Recently,Automatic Exchange of Information (AEOI) Regime between India and Switzerland has started from September 1,2019.  In 2016,India and Switzerland had signed an information-sharing deal on bank accounts which was to …

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