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Economy

Women still under-represented in science, tech

May 25, 2019July 4, 2019 - by Abdul

According to a report by UNESCO, women remains considerably under-represented across STEM (science, technology, engineering and maths) studies and careers. The report says that globally only 29% of those in …

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Economy

Copper, aluminium sectors may get raw deal if India joins RCEP, warn producers

May 25, 2019July 4, 2019 - by Abdul

Ahead of the Regional Comprehensive Economic Partnership (RCEP) meeting,the Aluminium Association of India(AAI) has written to the Government seeking protection from cheap imports. The AAI has said that if India …

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Economy

No GST at duty-free shops: HC

May 25, 2019July 4, 2019 - by Abdul

Recently,the Allahabad high court has ruled that there shall be no Goods and Services tax(GST) levied in case of purchases made at duty free stores at the arrival or departure …

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Economy

Panel submits a report on reducing oil import dependency

May 23, 2019July 4, 2019 - by Abdul

A High-Level Committee constituted by the government has submitted its recommendations to bring down India’s dependence on crude oil imports. The committee was formed to look into issues related to …

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Economy

Finance Ministry begins pre-Budget discussions

May 23, 2019July 4, 2019 - by Abdul

The finance ministry has begun the pre-Budget consultation exercise with industry bodies in the run-up to the full budget to be unveiled by the new government in July,2019. Recently,the finance …

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Economy

CCI probing if Maruti forced its dealers to limit their discounts

May 22, 2019July 4, 2019 - by Abdul

The Competition Commission of India(CCI) is looking into allegations against Maruti Suzuki for resorting to anti-competitive practices. The allegation is that Maruti Suzuki has forced its dealers to limit the …

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Economy

Co-location: NSE knocks on SAT’s door

May 22, 2019July 4, 2019 - by Abdul

National Stock Exchange of India(NSE) has challenged co-location orders of the Securities and Exchange Board of India(Sebi) before Securities Appellate Tribunal(SAT). The order was challenged on the grounds that it …

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Economy

UN lowers India’s FY20 GDP growth forecast

May 22, 2019July 4, 2019 - by Abdul

United Nations(UN) in its World Economic Situation and Prospects (WESP) report has lowered India’s GDP growth in 2019-20 to 7.1% from its estimate of 7.5%.It was due to overall slowdown …

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Economy

RBI to create regulatory cadre

May 22, 2019July 4, 2019 - by Abdul

The Reserve Bank of India(RBI) Central board has decided to create a specialised supervisory and regulatory cadre within the RBI to strengthen the supervision and regulation of commercial banks, urban …

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Economy

Govt plans introducing artificial intelligence system in MCA 21 portal

May 21, 2019July 4, 2019 - by Abdul

The government has decided to introduce artificial intelligence system in the MCA21 portal-an e-Governance initiative of Ministry of Company Affairs (MCA) This will make the compliance process easier as well …

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