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Explained: RBI’s Regulatory Package on COVID-19 Decoded: Loan Moratorium to Liquidity Injection

2 days ago
RBI's COVID-19 Regulatory Package: From Repo Rate & CRR Cuts to 3-months moratorium on term loans, RBI Governor Shaktikanta Das announced several measures while addressing the media after the release of Seventh Bi-monthly Monetary Policy Statement 2019-20.

RBI Measures to counter COVID-19 impact: Repo, CRR Cut, Banks, NBFC's to offer 3 month Moratorium on Loans

2 days ago
The repo rate has been reduced by 75 basis points from 5.15 percent to 4.4 percent.

FM Nirmala Sitharaman announces Garib Kalyan Yojana, Health Workers to get Rs. 50 Lakh Insurance

3 days ago
Nirmala Sitharaman announced a relief package for the next three months to help poor people in the country amid COVID-19 lockdown.

IMF policy tracker: IMF launches tracker of government policy responses to COVID-19

3 days ago
The IMF policy tracker summarises the key economic responses by governments across the globe as of March 24, 2020. 

Corporates can spend CSR funds to combat COVID-19: FM

Mar 23, 2020
The spending of CSR funds by corporates to combat coronavirus outbreak will be eligible for CSR activity. 

Delhi Budget 2020: Rs. 65,000 crore budget presented in Delhi Assembly

Mar 23, 2020
Delhi budget 2020 has been presented in the assembly. All MLAs sat one meter away from each other due to the risk of Coronavirus.

Sensex crashes 3000 points, Nifty below 7800: COVID-19 shatters global markets

Mar 23, 2020
Covid-19 impact on Indian Stock Market: BSE Sensex crashed sharply by over 3000 points and NSE Nifty falls below 7800 amid increasing number of Coronavirus cases that continue to panic global investors.

NK Singh Committee formed for fiscal consolidation road map

Mar 22, 2020
Fiscal consolidation is a policy adopted by the government to reduce losses. Its main objective is to reduce the administrative cost of the government.

Government to draft National e-Commerce policy, New Industrial Policy 

Mar 18, 2020
The Government is considering to form a National e-Commerce policy and the new Industrial Policy.

YES Bank’s full banking services to be restored from 6 pm today

Mar 18, 2020
Yes Bank CEO-designate Prashant Kumar has assured that all deposits in the bank are safe and the customers will be able to enjoy all the banking services from 6 pm today.

Companies (Amendment) Bill 2020 introduced in Lok Sabha

Mar 17, 2020
The Companies (Amendment) Bill 2020 proposes to make several amendments to the companies law, including decriminalising various offences.

World Consumer Rights Day 2020: Theme, significance and everything you need to know!

Mar 16, 2020
World Consumer Rights Day 2020: The theme of World Consumer Rights Day 2020 is ‘The Sustainable Consumer’.

Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019 passed by Parliament

Mar 12, 2020
The Insolvency and Bankruptcy Code (Second Amendment) Bill, 2019 proposes to make amendments in the Insolvency and Bankruptcy Code, 2016.

Jack Ma becomes Asia's richest person, Mukesh Ambani loses crown

Mar 11, 2020
Mukesh Ambani lost USD 5.8 billion in net worth due to the crash of share prices. The founder of Alibaba, Jack Ma, has become Asia’s richest man.

Coronavirus Impact on Economy: India’s growth outlook for 2020 slashed to 5.3% by Moody’s

Mar 9, 2020
Coronavirus Impact on Economy: The baseline growth forecast for India for 2020 has been changed to 5.3 percent from the February assessment of 5.4 percent.

Ajay Bhushan Pandey appointed as India’s new Finance Secretary

Mar 6, 2020
Ajay Bhushan Pandey has been appointed as the new Finance Secretary of India, succeeding Rajiv Kumar.

Yes Bank Crisis: RBI imposes moratorium; limits withdrawals to Rs 50,000- Get all updates

Mar 5, 2020
RBI has also suspended the Board of Directors of Yes Bank for 30 days, considering the inefficiency of the board to raise the required capital in the last six months.

Union Cabinet approves Companies (Second Amendment) Bill, 2019: Know all about it!

Mar 5, 2020
The Companies (Second Amendment) Bill, 2019 proposes to amend the Companies Act, 2013 to enable listing of Indian firms on foreign stock exchanges.

Supreme Court lifts RBI ban on dealing in cryptocurrency

Mar 4, 2020
The Supreme Court has lifted RBI’s 2018 ban on trading in virtual currencies such as Bitcoin.

PAN cardholders may be fined Rs 10000 for not linking PAN with Aadhaar by March 31

Mar 2, 2020
The PAN card, which is not linked to Aadhaar after March 31, will not be valid for conducting financial transactions and may attract a penalty.
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