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Government lifts restriction on private banks to engage in government-related business

8 hrs ago
Earlier, only a few private banks were allowed to engage in the government businesses such as pension payments, taxes and other revenue payment facilities, small saving schemes, etc.

Government signs $304 million loan agreement with AIIB for Assam Power Transmission Project

1 day ago
The Assam Power Transmission project seeks to address the substantial energy deficit faced by the state on the account of congestion in transmission networks and electricity distribution.

India inks free trade agreement with Mauritius, provides additional 1,00,000 COVID-19 vaccines

2 days ago
The agreement will enable the Indian investors to use the island nation as a launchpad for the business expansion into Africa helping the prospect of Mauritius emerging as a ‘hub of Africa’.

India, EU held 11th macroeconomic dialogue, both agree to bilateral cooperation arrangements

Feb 20, 2021
The dialogue between India and European Union covered all the dimensions including economic, political. Security, environment, research and innovation, trade and investment.

Labour Minister Santosh Gangwar launches software for 5 surveys

Feb 18, 2021
With the use of Information Technology, 30 to 40% of the time will be saved while conducting these surveys and an IT partner will also be roped in for the purpose.

Union Cabinet approves PLI scheme for telecom sector

Feb 18, 2021
The core component of the Production Linked Incentive Scheme is to offset the import of telecom equipment worth more than Rs. 50,000 crores.

Ngozi Okonjo- Iweala of Nigeria becomes first female chief of WTO

Feb 16, 2021
Okonjo- Iweala has become the first woman and African to hold the position at WTO.

RBI sets up panel to strengthen, consolidate urban co-operative banks

Feb 16, 2021
The panel will suggest effective measures for the faster resolution and rehabilitation of the Urban Co-operative banks.

Government to infuse Rs. 3,000 crores in general insurance companies this quarter

Feb 15, 2021
The capital infusion of Rs. 3,000 crores in the general insurance companies will enable the three public sector insurance companies to improve their solvency and financial position.

Government includes ‘Specialty Steel’ under the Production Linked Incentive

Feb 12, 2021
The inclusion will help in improving the availability of the ‘specialty steel’ in the country by making India Atmanirbhar in meeting the domestic demand.

NDB to invest USD 100 million in NIIF Fund of Funds

Feb 12, 2021
The announced investment supports NIIF’s and NDB’s common goal of investing responsibly in a number of sectors that support the growth and economy of India.

Karnataka Digital Economy Mission Office inaugurated to increase contribution of digital economy in state

Feb 10, 2021
KDEM office has been inaugurated to increase the contribution of the digital economy to the Gross State Domestic Product.

Government announces to invest Rs. 400 crores in Goa to make it fisheries hub

Feb 9, 2021
The Union Government has already sanctioned Rs. 41.7 crores to the state, which will help in reviving the fisheries industry and ensure safe fishing.

India, EU held first high-level dialogue on trade and investment

Feb 8, 2021
The ministers from India and the EU agreed to further deepen the bilateral trade and investment relationship through a series of regular engagements.

RBI's Monetary Policy Review: Repo rate unchanged at 4%, real GDP growth projected at 10.5 per cent in 2021-22

Feb 5, 2021
The MPC voted unanimously to keep the policy repo rate unchanged and decided to continue its accommodative stance as long as necessary, at least in the current financial year and into the next year to revive growth on a durable basis.

15th Finance Commission report tabled, recommends state health spending to be increased by over 8%

Feb 1, 2021
The 15th Finance Commission’s report was unique and wide-ranging, as it was asked to recommend performance incentives for States in many areas such as power, solid waste management and adoption of DBT.

Union Budget 2021-22: What Got Cheaper & What Got Costlier?- Check Full List Here

Feb 1, 2021
Union Budget 2021-22: Know what got costlier and what got cheaper post the Budget Speech 2021-22. Know how Budget 2021 impacts the pocket of common man.

Union Budget 2021 Quiz: Questions & Answers on Economic Outlook 2021-22

Feb 1, 2021
Budget 2021 Quiz: Get here important questions & answers on the Economic Outlook 2021-22 that are expected of coming in Government Exams like UPSC, IBPS, SSC, RRB and others.

Income Tax Budget 2021: Senior Citizens exempted from filing ITR; No change in Income Tax Slabs

Feb 1, 2021
Union Budget 2021: Finance Minister exempts senior citizens above 75 years from filing the Income Tax Return, introduces National Faceless Income Tax Tribunal. 

Budget 2021 Quiz on Top Schemes announced today

Feb 1, 2021
The article comprises important questions to expect in Government Exams from the top schemes announced by Finance Minister Nirmala Sitharaman during her presentation of Union Budget 2021-22 in the Parliament.

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