According to Nikkei India Manufacturing Purchasing Managers’ Index (PMI) data, manufacturing activity increased to 52.5 in July,2019 from 52.1 in June,2019. PMI has improved as new work orders and output …
Read MoreThe Rajya Sabha has passed the Banning of Unregulated Deposit Schemes Bill, 2019. It seeks to tackle the problem of illicit deposit taking activities in India and protect the interests …
Read MoreThe Union Minister of Petroleum & Natural Gas and Steel has launched the Atal Community Innovation Centre(ACIC) program.This program is a new initiative under Atal Innovation Mission(AIM). The new initiative …
Read MoreThe Union Cabinet has approved the introduction of the Chit Funds (Amendment) Bill,2019 in Parliament.The bill seeks to amend the Chit Fund Act,1982. The 1982 Act regulates chit funds and …
Read MoreRecently,Domestic Small and medium enterprises(SMEs) and start-ups have written to Revenue Secretary.They have complained about the equalisation levy they have to pay to foreign companies for doing business in India. …
Read MoreLok Sabha has passed the Code on Wages Bill, 2019.The Bill seeks to subsume existing laws related to workers’ remuneration. The bill will replace the (a)Payment of Wages Act,1936, (b)Minimum …
Read MoreThe Insurance Regulatory and Development Authority of India (IRDAI) will soon allow the use of regulatory sandbox(RS) to promote new, innovative products and processes in the industry. Regulatory sandbox is …
Read MoreThe Finance Ministry has imposed anti-dumping duty on all imports of purified terephthalic acid (PTA) from South Korea and Thailand. PTA is the primary raw material in the manufacture of …
Read MoreGovernment has tabled the Comptroller and Auditor General(CAG) audit report on the Goods and Services Tax(GST) in the Parliament. The report has said that the government had failed to try …
Read MoreThe Reserve Bank of India(RBI) has decided to relax the end-use restrictions relating to external commercial borrowings(ECB). RBI has allowed ECBs with minimum average maturity period of 10 years for …
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