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List of all Five Year Plans of India

Sep 10, 2020
The first five-year plan in India was launched in 1951 and since then, India had launched twelve Five Year Plans. The present NDA government has dissolved the Planning Commission and has replaced it with the NITI Aayog. Let us have a look at the Five Year Plans the country has witnessed so far. 

Why is Gold Price Rising in India?

Jul 29, 2020
According to the World Gold Council, Indian household has around between 24,000 to 25,000 tonnes of gold. India's central bank RBI had purchased 40.45 tonnes of gold in the financial year 2019-20, which has now has a total reserve of 653 tonnes. Let us know in this article, why is the price of gold increasing in the country despite the huge storage of the Gold in India? 

What is ASEEM Digital Platform and Why is it started?

Jul 27, 2020
The Ministry of Skill Development and Entrepreneurship has introduced Artificial Intelligence based 'ASEEM' digital platform to bridge the gap between the demand-supply of skilled employees in various fields. The purpose of this portal is to provide employment opportunities to the skilled and non-skilled people who have returned to villages and India due to corona disease.

Consumer Protection Act, 2019: Meaning and Key Features

Jul 23, 2020
The Consumer Protection Act, 2019 replaced the old Consumer Protection Act, 1986. The new bill was passed by the president on Aug 06, 2019. Here we are explaining the key features of this Consumer Protection Act, 2019. 

What is the Form 26AS?

Jul 22, 2020
Form 26AS is your annual tax statement. You can find it from the website of the income tax department with the help of your PAN number. Form 26AS contains information about the tax you paid to the government. This form will reflect details of all high-value transactions made by the taxpayers.

Crony Capitalism: Meaning and Examples

Jul 22, 2020
Crony capitalism is an indicator of the state of the economy where success in business is determined by the mutual relationship between businessmen and government officials.

List of Top investors in Reliance Jio

Jul 16, 2020
Reliance Jio the digital platform has sold around 32.94% stake to 13 different investors to get rid of the debt of the company by March 2021. Facebook is the biggest investor that has purchased a 10% stake in the Jio Platform.

How much Tax do you pay on Diesel & Petrol in India?

Jul 15, 2020
In 2020, the excise duty has increased at least 10 times since 2014. The excise duty on diesel is now Rs 31.83 and on petrol Rs 32.98 in 2020. Worth to mention that tax on petrol was Rs 9.48 per litre and on diesel, it was Rs3.56 a litre when the Modi government took office in 2014.

What is the Banking Regulation (Amendment) Bill, 2020?

Jul 13, 2020
The Banking Regulation Act, 1949 is a law that regulates banking firms in India. This act has been amended by the Banking Regulation (Amendment) Bill, 2020. Read this article to know that what are the salient features of the Banking Regulation Act 2020.

List of products exported to China by India

Jul 9, 2020
In the FY 2019-20 Indian export to China stands at $16.6 billion. India exports organic chemical, mineral fuels, cotton, ores, plastic items, nuclear machinery, fish, salts, electrical machinery and iron and steel to China. Worth to mention that 5.1% of India’s total export went to China in FY 2019.

List of Products India imports from China

Jul 7, 2020
China is the source of around 14% of total Indian imports. Indian import from China includes; electrical machinery, cell phones, heavy machinery, telecom, power, plastic toys and critical pharma ingredients, furniture, pharma, fertiliser, food, and textiles, etc. India has imported goods worth $62.4 billion from China during April 2019-February 2020 period.

What is Floating Rate Bond?

Jul 7, 2020
The Government of India has launched the Floating Rate Bond 2020 scheme from July 01, 2020. The tenure of this bond will be 7 years. The interest rate on floating bonds will change every 6 months on January 1 and July 1. The minimum amount to invest in bonds will be Rs 1000 (digital mode) and maximum Rs 20 thousand in cash.

What is Helicopter Money and when and why is it used?

Jul 3, 2020
The term 'Helicopter Money' was coined by the famous economist Milton Friedman. This means an unconventional monetary policy in which printed money is distributed among the public to recover an economy from the depression.

Pradhan Mantri Garib Kalyan Yojana (PMGKY): All you need to know

Jun 30, 2020
Prime Minister Narendra Modi on 30 June 2020 (Tuesday), addressed the nation through a televised address. He explained the steps taken by the government in dealing with the COVID-19 impact in India and also announced the extension of the Pradhan Mantri Garib Kalyan Anna Yojana till November end that is for further five months including the festive seasons of  Diwali & Chhat Puja.    

List of Top Chinese Companies in India

Jun 29, 2020
List of Top Chinese Companies in India:- Xiaomi, Haier, Volvo, Oppo, Vivo, Oneplus, Huawei, and Motorola are some popular Chinese companies are in India. The Chinese investors have invested 40% of its total investment in the Automobile Industry in India.

16 facts about Chinese Economy 2020 at a Glance

Jun 18, 2020
The Chinese economy is the second-largest economy in the world in terms of nominal GDP. China is the largest foreign exchange reserve holder in the world also. Read this article to know some important facts about the Chinese economy.

भारतीय रिज़र्व बैंक का OBICUS Survey : मीनिंग और उद्देश्य

Jun 18, 2020
OBICUS सर्वेक्षण RBI द्वारा तिमाही आधार पर किया जाता है। OBICUS सर्वेक्षण 'ऑर्डर बुक, इन्वेंट्री और क्षमता उपयोग सर्वेक्षण के लिए है। यह सर्वेक्षण अर्थव्यवस्था के विनिर्माण क्षेत्र के प्रदर्शन से संबंधित है।

13 Parameters to Compare India and China

Jun 17, 2020
India vs China Economic Comparison: The bilateral trade between India and China was around USD 92.68 billion in 2019. The Defence budget of China was US$ 178 billion while the Indian defense budget is US$ 70 billion in 2020.

What is bad bank which is recommended by the Indian Banking Association (IBA)?

Jun 12, 2020
Non-performing assets (NPAs) of all public and private banks in India till March 2020 stand at Rs 10 lakh crore. These NPAs are also called bad loans. The Indian Banking Association has recommended to the Reserve Bank and the Ministry of Finance to form a 'bad bank' in the country to get rid of 'bad loan' problem.

Sinking Fund: Meaning and objectives

Jun 10, 2020
A sinking fund is a kind of fund in which an amount is deposited at regular intervals that can be used to repay the debt in the future. It is called Debt Remittance Fund. There are only 23 states in India have created a sinking fund. Read this article to know the meaning, objectives, and example of a sinking fund.

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