Insolvency and Bankruptcy Board of India(IBBI) has made several changes to regulations around insolvency resolution process for corporates as well as the liquidation process. The amendments require completion of liquidation …
Read MoreThe Reserve Bank of India governor has said that the International Monetary Fund(IMF) should not allow the U.S to bilaterally label countries as currency manipulators. He questioned the US bi-annual …
Read MoreAccording to the government data,India’s foreign exchange reserves has reached an all-time high of $430.37 billion till July 19,2019. This surge in the foreign currency reserves was aided by the …
Read MoreRecently,the government has consulted with the industry representatives to understand the potential need for government-led ‘cloud economic zones’. Cloud economic zone are the geographical areas identified for the creation of …
Read MoreThe Reserve Bank of India(RBI) has asked non-banking finance companies(NBFCs) to bring down their lending to the real estate sector. In the finance sector,the National Housing Bank has also been …
Read MoreThe Economic Advisory Council to the Prime Minister (EAC-PM) has released a report titled ‘R&D Expenditure Ecosystem’. The report has said that the growth in research and development(R&D) expenditure should …
Read MoreThe Cabinet Committee on Economic Affairs (CCEA) has approved the proposal in respect of Determination of ‘Fair and Remunerative Price’ of sugarcane payable by sugar mills for 2019-20 sugar season. …
Read MoreThe Prime Minister’s Office(PMO) has asked the finance ministry to reconsider the idea of issuing foreign currency overseas sovereign bonds. Finance Minister in her budget speech had said that India …
Read MoreThe Global Innovation Index (GII) 2019 has been released. Switzerland has been ranked first in the index. India has improved its ranking by five places to 52nd in 2019 from …
Read MoreCentral Board of Direct Taxes (CBDT) is celebrating the 159th Income Tax Day which is also called as Aaykar Diwas. Income Tax was introduced for the first time in India …
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