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Thu, 23 Feb 2017

CSO Revises GDP Growth to 7.9%

CSO has revised upwards the GDP growth for 2015–16 to 7.9% from the earlier estimate of 7.6%. According to Central Statistics Office (CSO), real GDP or...

Index of Mineral Production of Mining Sector

The index of mineral production of mining and quarrying sector for the month of December(new Series 2004-05=100) 2016 at 144.5, was 5.2% higher as compared...

Financial Institutions Allowed to Invest in Masala Bonds

Reserve Bank of India allowed multilateral financial institutions to invest in rupee denominated bonds popularly known as ‘masala bonds’ issued by Indian entities. In order to...

Regional Rural Bank’s Gold Loan Limit Extended

The Reserve Bank of India has doubled the quantum of loan that Regional Rural Banks (RRBs) can give against security of gold/ gold ornaments...

Most Recent Data on Livestock Products in India

The Integrated Sample Survey is a regular sample survey under taken on a general principle of 15% sample basis across the country. The sample Villages/Urban...

Wheat Procurement Statewise List

In the conference of the Food Secretaries of the States held under the Chairpersonship of Ms. Preeti Sudan, Secretary, the Department of Food &...

Latest Data on Foodgrains Production in India

The 2nd Advance Estimates of production of major crops for 2016-17 have been released by the Department of Agriculture, Cooperation and Farmers Welfare on...

Acquisition of Subsidiary Banks by SBI Approved

The Union Cabinet has approved the acquisition by the State Bank of India of its subsidiary banks namely State Bank of Bikaner and Jaipur,...

Government Starts Sale of Loss Making PSU

The Union government has started the process of strategic sale or privatisation of Bharat Pumps and Compressors, and Bridge & Roof Co. The sale...

Concept of “Universal Basic Income” in News

The union government has unveiled a radical proposal to eliminate poverty – providing a universal basic income for all its citizens, while stressing that...

Border Adjustment Tax in News

Republicans in USA are proposing a tax concept common in other countries but novel in the U.S. The idea is "border adjustment." Under the plan,...

Latest Data on Direct and Indirect Taxes

The Tax Collection figures up to January 2017 show consistent trend of healthy growth. Indirect Taxes During January 2017, the Net Indirect Tax grew at the...

India’s Wheat Imports Highest in a Decade

India has bought more than five million tonnes of wheat since mid-2016, already its biggest annual purchase in a decade, after it began an...

2% Stake Sale in ITC by Government

The Centre moved ₹6,700 crore closer its disinvestment revenue target of ₹45,500 crore for this fiscal year by selling 2 per cent of its...