Economy Current Affairs

Govt retains 4% inflation target for RBI’s rate panel for 2021-26

The Centre has decided to retain the inflation target of 4%, with a tolerance band…

Six digit HSN code in GST made mandatory

It has been made mandatory for a GST taxpayer having a turnover of more than…

PLI scheme for food processing industry with an outlay of Rs10,900 cr

The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Central Sector Scheme…

Indian Government Says Companies Must Disclose Crypto Holdings

The Indian government is amending current legislation to require companies to disclose cryptocurrency holdings in…

Cellphone makers seeking lockdown-hit FY21 as zero year for PLI

The Indian Cellular and Electronics Association (ICEA) has written letters to the NITI Aayog, the…

Commerce Department is planning re-routing shipments through the Cape of Good Hope

The Suez Canal blockage that has disrupted east-west shipping could impact India’s trade and curtail…

Government offers 67 blocks in second tranche of commercial coal mine auction

The government offered 67 coal mines for sale, launching the second tranche of commercial coal…

Special-purpose acquisition companies are under the scanner

The US Securities and Exchange Commission (SEC) issued an investor alert, which was the first…

Centre readies draft plan for district-wise export promotion

The government has readied a draft district-wise export promotion plan for 451 districts in the…

Pandemic may have doubled poverty in India

India’s middle class may have shrunk by a third due to 2020’s pandemic-driven recession, while…