Search
  1. Home
  2. Economy Current Affairs

  • Anoop Satpathy-led Expert Committee submits report; recommends National Minimum Wage at Rs 375 per day

    It recommended the fixation of need based National Minimum Wage for India at Rs 375 per day or Rs 9,750 per month irrespective of sectors, skills, occupations and rural-urban locations for a family comprising of 3.6 consumption units.

    3 days ago

  • RBI penalises seven banks for violating various norms

    Earlier in January 2019, the apex bank had imposed monetary penalty on Axis Bank, Syndicate Bank, and UCO Bank for their non-compliance with directions contained in circulars of the RBI.

    Feb 13, 2019

  • NITI Aayog signs agreement to document systemic transformation in education

    The NITI Aayog has signed a Statement of Intent with the Michael & Susan Dell Foundation to codify, document and share best practices to improve learning outcomes in public school education through systemic reforms, based on their collective experiences of working with various state governments in India.

    Feb 13, 2019

  • States’ Budget 2019: Bihar Budget 2019-20 presented; Education gets highest allocation

    Bihar Chief Minister and Finance Minister Sushil Kumar Modi on February 12, 2019 presented the Rs 2,00,501 crore state budget in the Bihar Assembly with focus on education, rural development and energy sectors.

    Feb 13, 2019

  • Textiles Ministry to organise outreach programme for stakeholders

    The Union Ministry of Textiles would be organising an outreach programme for textiles sector MSMEs in New Delhi to hold interactions with the stakeholders to help them avail the support and outreach for 100 days programme announced by the Prime Minister.

    Feb 12, 2019

  • UK government approves Vijay Mallya's extradition order

    UK Home Secretary Sajid Javid has signed the order to extradite Indian business tycoon and liquor baron Vijay Mallya from the United Kingdom to India. Mallya now has a 14-day window to appeal against the order to a higher court.

    Feb 5, 2019

  • Interim Budget 2019: How Income Tax slabs have changed since 2014?

    As per the Interim Budget, the direct tax collection has increased substantially. The number of returns filed have increased from 3.79 crore to 6.85 crore, showing 80 percent growth in tax base since four years.

    Feb 5, 2019

  • Budget 2019: List of all Schemes

    The Union Minister Piyush Goyal announced various schemes in the Interim Union Budget 2019-20 on February 1, 2019. These Budget schemes have been announced with the objective to uplift the poor, women and farmers.

    Feb 4, 2019

  • Union Budget 2019: Major Highlights; Finance Minister Piyush Goyal presents Interim Budget 2019-20

    Considering that the declining prices of agricultural commodities and food inflation led to reduced returns for farmers, the Government felt the need for structured income support for farmers to procure seeds and labour and introduced a new scheme was for farmers’ welfare.

    Feb 4, 2019

  • In Detail: Union Budget 2019-20

    The Interim Budget 2019 furthers the agenda of the Modi Government for the all-inclusive growth of the nation. Though it announces the launch of a few schemes such as Pradhan Mantri Shram-Yogi Maandhan and Pradhan Mantri Kisan Samman Nidhi, it also takes us through the various schemes already introduced by the Narendra Modi-led government in the past years.

    Feb 2, 2019

  • New e-commerce policy comes into effect: Know all about it!

    India’s new e-commerce policy came into effect on February 1, 2019. The implementation has caused widespread disruption for the online retailers, forcing some of them to take down a range of items from their website.

    Feb 1, 2019

  • Union Budget 2019: Financial Sector, Fiscal Expenditure & Taxation Reforms

    The Interim Budget 2019 furthers the agenda of the Modi Government for the all-inclusive growth of the nation. Though it announces the launch of a few schemes such as Pradhan Mantri Shram-Yogi Maandhan and Pradhan Mantri Kisan Samman Nidhi, it also takes us through the various schemes already introduced by the Narendra Modi-led government in the past years.

    Feb 1, 2019

  • Union Budget 2019: Infrastructure sector

    The Budget 2019 has identified Infrastructure as the backbone of any nation’s development and quality of life. Accordingly, Piyush Goyal announced following initiatives.

    Feb 1, 2019

  • Union Budget 2019: All you want to know about the Budget; Process of Budget approval

    This year, the government will present the Interim Budget, also known as ‘Vote on Account’ as it is close to the end of its term. An interim budget is usually passed by the Lok Sabha without discussion.

    Feb 1, 2019

  • Union Budget 2019: Underprivileged

    Keeping the existing reservation framework intact, the government has ensured 10 per cent additional reservation for the backward classes in general category in government jobs and education.

    Feb 1, 2019