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  • List of Important Schemes launched by the Modi Government

    Narendra Modi has launched many welfare schemes since 2014. These schemes varies from welfare of Farmers, housewives, labourers, students to small shopkeepers etc. Some prominent schemes of modi government are; Ujjwala Scheme, jan dhan yojna, PM Kisan yojna, skill India, make in India and clean India etc.

    Sep 4, 2019
  • Banking Merger in India: Meaning and Benefits

    In the month of August 30, 2019, Finance Minister of India MS. Nirmala Sitharaman declared to merge 10 Public Sector Banks into 4 big banks. After this merger now the number of Public Sector Banks reduced to 12 from 27 of 2017.

    Sep 2, 2019
  • G-7 and G-20 Organisations: Functions and Members

    G-7 refers to the group of 7 highly industrialized nations—France, Germany, Italy, the United Kingdom, Japan, the United States and Canada. These countries hold an annual meeting to foster consensus on global issues like economic growth and crisis management, global security, energy, and terrorism.

    Aug 26, 2019
  • What are the new relaxed norms of SEBI for Foreign Portfolio Investors (FPIs)?

    On 21 August, 2019; SEBI introduced an ‘informant mechanism’ to gather solid evidence and crack down on insider-trading and clarified on the debt-to-equity ratio that companies need to maintain to be eligible for buybacks.

    Aug 22, 2019
  • What are the new relaxed norms of SEBI for Foreign Portfolio Investors (FPIs)?

    On 21 August, 2019; SEBI introduced an ‘informant mechanism’ to gather solid evidence and crack down on insider-trading and clarified on the debt-to-equity ratio that companies need to maintain to be eligible for buybacks.

    Aug 22, 2019
  • What is FIPB and why is it replaced by the Foreign Investment Facilitation Portal (FIFP)

    The Foreign Investment Promotion Board (FIPB) is being replaced by the Foreign Investment Facilitation Portal (FIFP) to speed up the FDI inflow and to increase the transparency in the FDI approvals in the country. FIFP replaced FIPB in May, 2017.

    Aug 22, 2019
  • What is Money Laundering and how is it done?

    Money Laundering refers to converting illegal earned money into legitimate money. The government does not get any tax on the money because there is no accounting of the black money.So Money Laundering is a way to hide the illegally acquired money.

    Aug 22, 2019
  • List of India’s richest start up Founders and Entrepreneurs

    Start-up India programme was launched by the Government in 2016. But India has already developed the atmosphere of start ups in India. India has some very successful stars up like Flipkart, OYO Rooms, Bjyu and Paytm etc.In this article we have written information about latest billionaires in the country.

    Aug 21, 2019
  • Minimum Reserve System (MRS): Meaning and Objectives

    To maintain the adequate supply of money in the economy the RBI prints the money as per the Minimum Reserve System. Under the Minimum Reserve System, the RBI has to keep a minimum reserve of Rs 200 crore comprising of gold coin and gold bullion and foreign currencies. Out of the total Rs 200 crores, Rs 115 crore should be in the form of gold coins or gold bullion and rest in the form of foreign currencies.

    Aug 13, 2019
  • India-Pakistan Trade dispute: Who is in Loss and Profit?

    According to a report, in the financial year 2018-2019 the total exports from India to Pakistan was about $ 2.17 billion, which is just .83% of India's total exports. Pakistan currently exports; fruits ($112.8 million per year), cement ($78.3 million), chemicals ($60.4 million), fertilisers ($34.9 million), and leather and allied products to India while India exports; tomatoes, tea, sugar, petroleum products, cotton yarn, tyres, rubber, dye and petroleum oils etc to Pakistan.

    Aug 9, 2019
  • What is 7th Pay Commission of India?

    The 7th Pay Commission was constituted by the Manmohan Singh government under the chairmanship of Justice A.K. Singh Mathur on 25 September 2013.The recommendations of the 7th Pay Commission were implemented since January 1, 2016. these recommendations will cost around Rs 1 lac cr to the exchequer.

    Aug 1, 2019
  • The Monetary Policy Committee (MPC): Composition and Objectives

    Monetary Policy Committee (MPC) constituted by the Central Government as per the Section 45ZB of the amended RBI Act, 1934. The first meeting of the MPC was held on October 3 and 4, 2016. This committee decides various policy rates like Repo rate, Reverse repo rate, MSF and Liquidity Adjustment Facility etc.

    Aug 1, 2019
  • What is in the Union Budget 2019 for Electric Vehicles?

    As we know that the Finance Minister Nirmala Sitharaman has presented the Union Budget 2019 in the Parliament. She told in her speech that the Indian government continued to focus on promoting electric mobility in the country. Do you know about electric Vehicles and under which scheme electric vehicles are encouraged? What is in 2019 Union Budget about electric vehicles? Let us find out!

    Jul 5, 2019
  • Union Budget 2019: Income Tax Return can be filed by Aadhar Card only

    In her first budget speech Finance Minister Nirmala Sitharaman has announced that only Aadhar card can be used to file the income tax return.Let’s read full story and know that why Finance Minister has announced this relief to the tax payers?

    Jul 5, 2019
  • List of Finance Ministers of India

    The first Finance Minister of independent India was R. K. Shanmukham Chetty, who also presented its first Budget. Indira Gandhi was the first female Finance Minister of India but she hold the post only for one from 1970 to 1971.

    Jul 5, 2019