Cash in circulation fell post note ban: FM
Finance minister has said that demonetisation along with increased digital transactions and the reduced cash usage in the informal economy has led to a reduction in currency in circulation by …
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Rivigo launches national freight index
The logistics start-up Rivigo has launched National Freight Index(NFI) that will provide live freight rates for different lanes and vehicles across the country. Freight transport is the physical process of …
Read MoreRBI’s customer-complaint processing goes digital
The Reserve Bank of India(RBI) has launched a Complaint Management System (CMS).It is a software application to facilitate RBI’s grievance redressal processes. Customers can lodge complaints against any entity regulated …
Read MoreHouse panel shies away from quantifying black money
The parliamentary panel on finance of the 16th Lok Sabha has submitted its report to the Lok Sabha, The panel has said it is difficult to provide a credible estimate …
Read MoreEffective tax base growth highest in five years
Finance ministry has said that the effective taxpayer base has increased by 13.5% for the assessment year (AY) 2018-19.This is the highest rate in the last five years. The tax …
Read MoreStartup India fund falls short of allocation target by over Rs 1,000 crore
The Startup India fund has fallen short of its capital allocation target by around Rs 1,000-1,200 crore. The Startup India fund which was launched in 2016 had a disbursal target …
Read MoreExpert panel suggests ways to achieve USD 5-trillion economy target: Niti Aayog
The Prime Minister had an interaction with economists and industry experts on India’s current economic situation. During the interaction,NITI Aayog has said that the experts panel for macroeconomics and employment …
Read MoreDelhi offers blueprint to promote development, inclusivity at WTO
India has offered a blueprint for promoting development and inclusivity at the World Trade Organization(WTO).It has emphasized that resolving the crisis at its highest adjudicating body must be a top …
Read MoreMany nations offer India GSP benefits, but US move will affect competitiveness
United States has withdrawn Generalized System of Preferences (GSP) Scheme to India provoking India to impose retaliatory tariffs on many imports of US goods. However,India still continues to enjoy tariff …
Read MoreMUDRA bad loans rise in FY19, even as NPAs decline across banking system
The government’s MUDRA scheme to finance small and micro borrowers has witnessed an increase in bad loans at a time when the system-wide non-performing assets(NPAs) have started showing signs of …
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