- Home
- CURRENTS AFFAIRS
- Economy Current Affairs
Economy Current Affairs
-
Antigua to revoke Mehul Choksi's citizenship, extradition process to begin after court nod
Antigua to revoke citizenship of fugitive jeweler Mehul Choksi, who is the key accused in PNB scam.
Jun 26, 2019 -
RBI launches CMS for online complaints against banks, NBFCs
RBI CMS is a software application to facilitate RBI’s grievance redressal processes. Members of public can access the CMS portal at RBI’s website to lodge their complaints.
Jun 25, 2019 -
IndiaMart IPO: Now open with minimum order quantity of 15 shares
IndiaMart IPO: Company has opened its IPO that will comprise sale of 48,87,862 equity shares in a price band of Rs 970-973 per share. IPO which opens today will close on June 26.
Jun 24, 2019 -
35th GST Council meeting: No decision on electric vehicles; E-tickets made compulsory in Cinema halls
The 35th GST Council meeting was held in New Delhi under the Union Finance Minister, Nirmala Sitharaman. Though the Council deliberated on the reduction of the tax slab on electric vehicles to 5 percent from 12 percent, it could not reach to a conclusion.
Jun 21, 2019 -
Facebook’s Libra Cryptocurrency: When and how will be able to use?
Libra Cryptocurrency is vast ambitous project of Facebook. It will allow users of Facebook and WhatsApp to easily send each other money and make online purchases.
Jun 19, 2019 -
Yashovardhan Birla declared 'wilful defaulter' by UCO bank
Yashovardhan Birla is the director of Birla Surya and also chairman of the Yash Birla Group which has more than a dozen companies.
Jun 17, 2019 -
New income tax rules with revised guidelines comes in effect from today
CBDT new guidelines says that any offence connected to undisclosed foreign bank account or assets in any manner cannot be compounded.
Jun 17, 2019 -
Net Banking gets cheaper; RBI removes charges on RTGS & NEFT; sets up Committee on ATM charges
Now, transfer funds by paying a little or even no extra charges! The Reserve Bank of India has done away with the charges levied on fund transfers through RTGS and NEFT.
Jun 7, 2019 -
RBI Monetary Policy: RBI cuts Repo Rate by 25 bps, cuts GDP Growth rate, revises inflation target upwards
RBI's Second Bi-monthly Monetary Policy Statement 2019-20 reduces the policy Repo Rate under the Liquidity Adjustment Facility (LAF) to 5.75 percent from 6 percent. Know the key highlights of the RBI Policy statement here!
Jun 6, 2019 -
Nilekani panel suggests 24x7 RTGS, NEFT, elimination of all charges
The panel has suggested that there should be no convenience fee on payments made to government agencies by customers.
Jun 4, 2019 -
Committee on Digital Payments submits report to RBI; India delivers Mi-24 choppers to Afghanistan – Current Affairs
The Reserve Bank will now examine the recommendations of the Committee. If necessary, the bank will merge the recommendations with the recently released ‘Payment Systems Vision 2021’, published on May 15, 2019.
May 20, 2019 -
RBI releases vision document for e-payment system; India joins initiative against online extremism - Current Affairs
The Payment Systems Vision 2021 states 36 specific action points and 12 specific outcomes. The document deliberates on boosting customer awareness, setting up a 24X7 helpline and self-regulatory organisation for e-payment service providers.
May 16, 2019 -
Jet Airways crisis: Jet Airways top management team of CEO, CFO resigns
The grounding of Jet’s operations has put the future of over 20,000 employees at stake who were left with no work at hand. Besides facing heavy losses in the stock market, Jet also faces the challenge of passenger refunds of thousands of crores, dues to vendors and over Rs 8,500 crore bank debt.
May 15, 2019 -
IMF bails out cash-strapped Pakistan with new loan; India hosts two-day WTO meeting- Current Affairs
Under the new loan deal, Pakistan will receive $6 billion from the IMF in addition to $2 to $3 billion from the World Bank and Asian Development Bank over the next three years.
May 13, 2019 -
RBI imposes fines on PPI issuers; INS VELA submarine to be launched - Current Affairs
A penalty of Rs 3.05 crore has been imposed on Vodafone m-pesa and Rs 1 crore each on Mobile Payments, PhonePe, Private and GI Technology.
May 5, 2019