Chief Economic Advisor K V Subramanian has backed a proposal to bring petroleum products under the ambit of the Goods and Services Tax (GST). Daily Current Affairs Quiz 2021 Kerosene, liquefied petroleum gas including domestic cooking gas, naphtha, and furnace oil are covered under the GST. Several other products such as crude oil, aviation turbine […]
Chief Economic Advisor Backs Proposal to Bring Petrol under GST Read More »
The growth in India’s real GDP during 2020-21 is estimated at -8 per cent as compared to the growth rate of 4.0 per cent in 2019-20, said government as part of its second advance estimates of the economic growth. Daily Current Affairs Quiz 2021 The government had projected a GDP contraction of 7.7 per cent
The Centre has lifted embargo on private sector banks for conduct of government related transactions. They include taxes and other revenue payment facilities, pension payment and small saving schemes. Daily Current Affairs Quiz 2021 With the lifting of the embargo, there is now no bar on RBI for authorization of private sector banks (in addition
One of the top Twitter trends over the past few hours has been “#modi_rojgar_do”. The hashtag essentially asks Prime Minister Narendra Modi to provide more employment. Daily Current Affairs Quiz 2021 Just before the Covid crisis at the end of 2019-20 financial year, India had (according to the data provided by Mahesh Vyas of Centre
Rising unemployment is the biggest challenge for India Read More »
The Reserve Bank of India (RBI) released the Annual Report of the Ombudsman Schemes for the year 2019-20. Daily Current Affairs Quiz 2021 RBI has three Ombudsmen- Banking, Non-Banking Finance Company (i.e. NBFC) and digital transactions. A common man can approach these Ombudsmen for their grievances. As announced in the recent Monetary Policy Statement, the
RBI released Annual Report of Ombudsman Schemes for 2019-20 Read More »
The Ministry of Consumer Affairs, Food and Public Distribution issued separate guidelines for sugar mills and cane commissioners in regards to sale of sugar below the Minimum Selling Price (MSP) of Rs 3,100/- per quintal. Daily Current Affairs Quiz 2021 To control the constant slide in ex-mill prices of sugar, the central government had in
Central government issues MSP guidelines for sugar mills Read More »
Decks are being cleared for the mega listing of Life Insurance Corporation of India (LIC), India’s largest financial institution with assets of over Rs 32 lakh crore. Daily Current Affairs Quiz 2021 The government is systematically removing hurdles in the way, and market regulator SEBI has relaxed norms to make the listing process smoother. Market
The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved signing of the Comprehensive Economic Cooperation and Partnership Agreement (CECPA) between India and Mauritius. Daily Current Affairs Quiz 2021 The India-Mauritius CECPA will be the first trade Agreement to be signed by India with a country in Africa. The Agreement is a
Comprehensive Economic cooperation and Partnership Agreement Read More »
AIM and Australia’s national science agency (CSIRO) kick-started the India-Australia Circular Economy (I-ACE) Hackathon, 2021 with the goal to enable talented innovative students and start-ups from Australia and India to address common national issues through innovative technology solutions. Daily Current Affairs Quiz 2021 I-ACE is supported by the Australian Department of Industry, Science, Energy and
AIM kick-starts India-Australia Circular Economy Hackathon 2021 Read More »
The Cabinet Committee on Economic Affairs (CCEA) has accorded approval to the proposal of the Department of Fertilizers for grant-in-aid of Rs 100 crore to Brahmaputra Valley Fertilizers Corporation Limited (BVFCL), Namrup, in Assam to sustain operations of its urea manufacturing units. Daily Current Affairs Quiz 2021 BVFCL, Namrup is a Public Sector Undertaking formed
CCEA approves grant of ₹100 crore to Brahmaputra Valley Fertilizer Corporation Read More »
