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Sun, 20 Aug 2017

Mechanism for Strategic Disinvestment Approved

The Cabinet Committee on Economic Affairs, chaired by the Prime Minister has approved the proposal of Department of Investment and public Asset Management (DIPAM)...

‘Long Term Irrigation Fund’ in News

The Union Cabinet has approved raising extra budgetary resources up to 9,020 crore rupees for Long Term Irrigation Fund in 2017-18. The amount will...

Online Registration for ‘Custodians of Securities’

Securities and Exchange Board of India, SEBI, has introduced an online registration mechanism for custodians of securities to make it convenient for them to...

Third bi-Monthly Monetary Policy Released

On the basis of an assessment of the current and evolving macroeconomic situation at its meeting today, the Monetary Policy Committee (MPC) decided to...

‘Bank Account Number Portability’ in News

Reserve Bank of India Deputy Governor S S Mundra has proposed the idea of bank account portability, saying banks must start preparing for the...

India Ranks First in Milk Production

India ranks first in milk production, achieving an annual output of 155.48 million tons during 2015-16 accounting for 19 % of world production. Department of...

NPCI Gets Approval for Bharat Bill Payment System

National Payments Corporation of India (NPCI) has RBI aaproval to function as the Bharat Bill Payment Central Unit (BBPCU) and operate the Bharat Bill Payment...

India’s Edible Oil Imports Turns Negative

India's edible oil imports has turned negative for the first time in six years. It is due to the increased local production of oilseeds...

List of Liabilities of State Governments in India

The Government is committed to the policy of fiscal rectitude. The fiscal deficit of the Centre as percentage of GDP has declined consistently from...

‘Sovereign Gold Bonds Scheme’ Revised

Indian government has given approval for revision of guidelines of Sovereign Gold Bonds (SGB) Scheme with a view to achieve its intended objectives. Two sets of...

Sale of Indian Floating Rate Bonds 2024

The Government of India has announced the Sale (re-issue) of (i) “Government of India Floating Rate Bonds 2024” for a notified amount of Rs....

MSCI World Index in News

The MSCI World is a stock market index of 1,650 'world' stocks. It is maintained by MSCI Inc., formerly Morgan Stanley Capital International, and...