News: Indian Energy Exchange has launched its Real-Time Electricity Market (RTM) platform. Facts: Real-Time Electricity Market(RTM): It is an organized market platform to enable the buyers and sellers pan-India to …
Read MoreNews: Government of India has discontinued the 7.75% savings (taxable) bonds,2018 for subscription. Facts: The 7.75% Savings(Taxable) Bonds,2018 were issued with effect from January,2018. Eligibility: The bonds were available for …
Read MoreNews:According to the data released by the Department for Promotion of Industry and Internal Trade (DPIIT), foreign direct investment(FDI) in India grew by 13% to a record of USD 49.97 …
Read MoreNews:Union Minister for Finance has chaired the 22nd Meeting of the Financial Stability and Development Council(FSDC). Facts: Financial Stability and Development Council(FSDC): It is a non-statutory apex level body setup …
Read MoreNews:Reserve Bank of India(RBI) has announced several measures for strengthening the Economy in the uncertain times ushered in by the COVID-19 pandemic. Facts: Key measures: Repo Rate: It is the …
Read MoreNews:The Central Government has released the Ninth Edition of the Status Paper on the Government Debt which provides a detailed analysis of the Overall Debt Position of the Government of …
Read MoreNews:Union Cabinet has approved a Special Liquidity Scheme for Non-Banking Financial Companies(NBFCs) and Housing Finance Companies(HFCs) to improve liquidity position of the NBFCs/HFCs. Facts: The Scheme will be administered by …
Read MoreNews: Union Cabinet has approved additional funding of up to Rs.3 lakh crore through introduction of Emergency Credit Line Guarantee Scheme(ECLGS) for MSMEs. Facts: Aim: To mitigate the economic distress …
Read MoreNews: Union finance minister has unveiled the fifth and last tranche as part of the Atmanirbhar Bharat Abhiyan(Self-reliant India campaign). Facts: Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA): Government …
Read MoreNews: The Central Government has increased the borrowing limit of states from 3% of gross state domestic product (GSDP) to 5%. Facts: Key Facts: States have so far borrowed only …
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