The government has compulsorily retired 22 senior tax officials under Rule 56 (j) of Fundamental Rules. This decision has been taken in the backdrop of charges of corruption, extortion and …
Read MoreAccording to FICCI report,India is projected to grow at 6.9% for the year 2019-20. They have also said that the RBI will continue its accommodative stance with a further cut …
Read MoreThe Reserve Bank of India’s(RBI) monetary policy committee (MPC) has lowered the repo rate by 35 basis points to 5.4%. Repo stands for ‘Repurchasing Option’.It refers to the rate at …
Read MoreAccording to Reserve Bank of India Deputy Governor,India’s foreign exchange reserves are borrowed reserves and not built out of export surplus.This means that exchange rate dynamics in India is driven …
Read MoreGovernment has planned to substantially increase the daily supply of onions from its buffer stock held with NAFED. This decision was taken in the backdrop of heavy rains in key …
Read MoreAccording to the International monetary fund(IMF) “Annual Observance Report of the Special Data Dissemination Standard for 2018”,India has failed to comply with multiple requirements prescribed in the Special Data Dissemination …
Read MoreThe Central Vigilance Commission(CVC) has constituted Advisory Board for Banking Frauds (ABBF).The four-member board will be headed by former Vigilance Commissioner T M Bhasin. The board will function as the …
Read MoreFinance minister had announced a number of economic measures to revive economic growth through fiscal stimulus. These measures were announced in the backdrop of (a)domestic and global growth concerns (b)weakening …
Read MoreGovernment has announced a number of economic measures which seeks to revive economic growth through fiscal stimulus. These measures were brought in the backdrop of the economic slowdown in India.The …
Read MoreGovernment has proposed to set up a development financial institution (DFI). DFI is expected to solve the infrastructure financing needs of the country as banks do not have the long-term …
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