The government is set to exempt imported personal protection equipment (PPE), ventilators, sanitisers, masks and other medical equipment from integrated goods and services tax (IGST). Daily Current Affairs Quiz 2020 Key-Points Currently, GoI levies 12% IGST on most of these products. Upon considering COVID-19 pandemic, the input tax credit can be availed for the PPEs, […]
Government likely to exempt IGST for PPE, ventilators Read More »
Recently, Telangana Chief Minister K. Chandrashekar Rao has suggested RBI to adopt the concept of Helicopter Money to help state governments tide over the current crisis and kick start economic activity in India. It is aimed to rising concerns over economic crisis that has been triggered by the COVID-19 lockdown. Daily Current Affairs Quiz 2020
Helicopter Money to revive Indian Economy from COVID-19 crisis Read More »
The world economy is facing its worst performance since the financial crisis more than a decade ago as the spread of the corona virus increasingly dashes hopes of a swift rebound. Bank of America Corp. economists warned clients that they now expect 2.8% global growth this year, the weakest since 2009. Just weeks since most
The crushing slowdown may finally release its grip as the Economic Survey, which will be tabled in Parliament, predicts India’s growth rate in the range of 6-6.5 percent in Financial Year 2021. Annual economic growth slowed to 4.5 per cent in the July-September quarter, the weakest pace since 2013, owing to weakening demand and private
The 7th Economic Census has been begun from Tripura on 29th July 2019, and in Puducherry soon after. The fieldwork in other State/ UTs will be launched in August/ September, 2019. The enumerators and supervisors engaged by CSC have been trained to collect data on mobile application developed for data capture, validation, report generation and
Government favors it’s 31.8% contribution to economic growth. The share of MSME related products in total exports from India during the year 2018-19 was 48.10 percent. Daily Current Affairs Quiz 2019 About MSME SectorMSME sector is an important pillar of Indian economy They contributed greatly to the commercial growth with a vast network of around 30
Government favors it’s 31.8% contribution to economic growth Read More »
5 days after Prime Minister Narendra Modi set a target of 5 trillion dollar economy for the country to be achieved in the next five years, Chief Minister Yogi Adityanath on 8 July set the ambitious target of “$1 trillion economy” for Uttar Pradesh. Adityanath said that the milestone for Uttar Pradesh was significant to
Govt. of Uttar Pradesh sets target of $1 trillion economy in the next three years Read More »
Walmart Labs, the technology part of the global retail giant Walmart, has acquired two Bengaluru-based startups, FloCare and BigTrade. While, the healthtech startup FloCare will be integrated into customer technology part of Walmart’s online pharmacy, BigTrade, which is a B2B wholesale trading platform, will contribute to the supply chain part of Walmart’s business. Also, both
Walmart Labs start-up FloCare and B2B trading platform BigTrade undisclosed amount. Read More »
In a major boost to rural road connectivity across the country, the Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, has given its approval for the launch of Pradhan Mantri Gram Sadak Yojana-lll (PMGSY-III). It involves consolidation of Through Routes and Major Rural Links connecting habitations to Gramin Agricultural Markets
South Korean tech giant Samsung announced its partnership with Paisabazaar.com, an online marketplace for financial products in India. Paisabazaar.com will now support Samsung Pay to provide users with a one stop solution to their financial requirements. “Users can apply for credit cards and personal loans from the platform. The move will enable existing and potential
Samsung announced its partnership with Paisabazaar.com Read More »
