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Union Minister Piyush Goyal launches Startup India Seed Fund Scheme

2 days ago
The scheme will support the domestic entrepreneurs as well as their business ideas that often are not able to take off because of the absence of critical capital at an early stage.

UK Government approves extradition of fugitive economic offender Nirav Modi

Apr 18, 2021
Nirav Modi faces multiple charges in cases being handled by the Central Bureau of Investigation and the Enforcement Directorate. 

Coronavirus India Live Updates: COVAXIN production to be ramped up to 100 million doses per month by September

Apr 16, 2021
Coronavirus Live Updates India: Prime Minister Narendra Modi today held a review meeting to assess the availability of Medical Oxygen Supply at hospitals and healthcare facilities across the country. With reports of COVID-19 hospitals running out oxygen supply, PM Modi today directed officials fr

Government simplifies process to re-issue OCI cards: Know all about it here

Apr 16, 2021
Till now, the OCI cardholders were required to get their OCI card reissued each time a new passport was issued up to 20 years of age and once after completing 50 years of age due to biological changes in the face of the applicant.

Axis Bank Theft: What are currency chests? All you need to know

Apr 15, 2021
There are 4,075 currency chests and 3,746-coin depots across the country. What are currency chests and why are these the talk of the town? Read on

NCDC secures Rs. 600 crores loan from Germany’s Deutsche Bank

Apr 14, 2021
An agreement in this regard was inked between NCDC and Germany’s largest bank, Deutsche Bank, in the presence of the Union Agriculture Minister Narendra Singh Tomar.

Ghaziabad lists India’s first green municipal bonds on BSE, what are green municipal bonds?

Apr 14, 2021
Ghaziabad becomes the first city in India to successfully issue ‘green municipal bonds’ on the Bombay Stock Exchange (BSE).

ADB approves USD 484 mn loan to improve CKIC in Tamil Nadu

Apr 9, 2021
The loan has been approved to improve the road maintenance and transport connectivity in the Chennai-Kanyakumari Industrial Corridor- CKIC in Tamil Nadu.

RBI to periodically publish Financial Inclusion Index: What is it? All you need to know

Apr 9, 2021
The Financial Inclusion Index will measure the extent of financial inclusion in the country. Read more to know when it will be published. 

RBI increases limit of maximum balance for payment banks

Apr 9, 2021
The limit of maximum end-of-day balance for the payment banks is increased from Rs. 1 lakh per individual to Rs. 2 lakh with an immediate effect.

RXIL becomes first TReDS platform to cross Rs 1,000 monthly throughput, What is RXIL? Explained

Apr 7, 2021
The Receivables Exchange of India Ltd (RXIL) crossed the monthly transaction volumes of Rs 1,000 crore in the month of March. What does it mean for the economy? Read here.

IMF upgrades India’s growth forecast to impressive 12.5 per cent in 2021

Apr 7, 2021
India's projected growth rate in 2021 is stronger than that of China which was the only major economy globally to have a positive growth rate amid the pandemic in 2020.

RBI's Bi-monthly Monetary Policy Review: Repo rate unchanged at 4%, real GDP projection retained at 10.5%

Apr 7, 2021
The MPC has retained the projection of real GDP growth for 2021-22 at 10.5 percent, informed RBI Governor Shaktikanta Das.

Indian government provides NRs 800 crores financial aid to Nepal for road construction project

Apr 1, 2021
The Government of Nepal has identified 10 priority roads to be built under the Indian Government funding of NR 800 crores. 

Current Affairs Highlights: 2nd Phase of Polling in WB, Assam, Immunization Drive for 45 and Above Begins, Get Latest & Daily Current Affairs Updates Here

Apr 1, 2021
Current Affairs Live Blog: Today i.e. on 1st April, the 2nd Phase of Polling will commence for the on-going assembly elections and also the COVID-19 immunization drive will be opened to people of 45 years and above. To help UPSC, Banking, SSC and other government exam aspirants a

India’s healthcare sector expected to reach USD 372 bn in 2022

Mar 31, 2021
The Niti Aayog report titled ‘Investment Opportunities in India’s Healthcare Sector’ mentioned that the healthcare sector in the country has the potential to create 27 lakh jobs between 2017 and 2022.

Top 6 Financial Changes that will impact you from April 1st

Mar 31, 2021
From changes in take-home salaries to new income tax rule for EPF and TDS and seven public sector bank mergers, here are some of the major financial changes that will come into effect from April 1, 2021. 

World Bank raises India's FY22 GDP forecast to 10.1 percent from earlier 5.4 percent 

Mar 31, 2021
The World Bank noted that the increase in foreign direct investment in India in 2020 was enough to make South Asia the only major region in the developing world to see an upturn in FDI in 2020. 

World Development Report 2021: WB report calls for new social contract for data, equitable access to data

Mar 31, 2021
The World Development Report 2021 noted that new rules are needed for data to realize its potential to transform lives and for the same- a social contract for data is needed. 

Government proposes up to 25% concession on road tax against a vehicle scrapping certificate

Mar 31, 2021
In the case of non-transport vehicles, the concession on the motor vehicle tax will be 25% and 15% in the case of transport vehicles.

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