Finance

The Ifsca Banking Handbook General Directions- V 2.0 (Gen) | 07/06/2022 1. Legal framework i. The International Financial Services Centres Authority Act, 2019 (IFSCA Act) provides the foundation for r...

The IFSC – A Banking Handbook Conduct of Business Directions (COB) | 07/06/2022 Purpose: The COB directions are aimed at ensuring that IFSC Banking Units (IBUs) meet the minimum standards of conduct e...

Cabinet approves Expanding the mandate of Government e Marketplace – Special Purpose Vehicle (GeM – SPV) to allow procurement by Cooperatives as Buyers Move will help cooperatives in getting competiti...

Foreign Investment Facilitation Portal (FIF) completes 5 years since Union Cabinet decision to abolish FIPB 853 FDI proposals disposed off in the last 5 years; FDI jumped by 39% since FIF came into be...

that statements of its officials were taken under coercion as untrue and baseless Press Release Dated: 07.05.2022 1. The allegations that the statement of the officials of Xiaomi India was taken under...

Pradhan Mantri Suraksha Bima Yojana (PMJJBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMSBY) and Atal Pension Yojana (APY) complete 7 years of providing social security net Union Finance Minister Smt...

April exports jump 24.22%, continuing the record-breaking 2021-22 performance, resulting in highest ever exports in April Non-petroleum exports rise 12.3% in April, non-petroleum imports up only 9.8%...

The Alternative Mechanism, empowered by the Cabinet Committee on Economic Affairs, comprising Shri Nitin Gadkari, Union Minister for Road Transport and Highways, Smt. Nirmala Sitharaman, Union Ministe...

; steel, cement and natural gas lead the way Combined Index of Eight Core Industries grew by 4.3 per cent in March 2022 INDEX OF EIGHT CORE INDUSTRIES (BASE: 2011-12=100) FOR MARCH, 2022 The cumulativ...

Atal Pension Yojana total enrolments crossed 4 crore The total enrollments under APY Scheme have crossed 4.01 crore as on March 2022 out of which more than 99 lakh APY accounts were opened during FY 2...

More than 99 lakh APY accounts enrolled during FY 2021-22 The total enrollments under APY Scheme have crossed 4.01 crore as on March 2022 out of which more than 99 lakh APY accounts were opened during...

International Finance Services Centres Authority (IFSCA) constituted Expert Committee on Longevity Finance, co-chaired by Ms. Kaku Nakhate, Country Head (India), Bank of America and Mr. Gopalan Sriniv...

The tax revenue in the Union Budget for 2021-22 was estimated at ₹22.17 lakh crore against the revised estimates of ₹19 lakh crore, with a growth of 17%. The Union Budget was presented on 1st February...

CCI penalises firms found guilty of bid rigging and cartelization in Indian Railways tenders The Competition Commission of India (CCI) issued a final order against eleven (11) companies/ firms which w...

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE LOK SABHA UNSTARRED QUESTION NO. 5222 TO BE ANSWERED ON MONDAY, 04TH APRIL 2022 CHAITRA 14, 1944 (SAKA) Use of Cryptocurrency for Drug Tra...

For getting agriculture gold loan up to Rs.2 lakhs from Banks, there is no requirement to prove that the borrower is an agriculturist. Anybody can avail this loan for which two percent subsidy is give...

, touching USD 417.81 billion in FY 2021-22, an increase of 43.18% over USD 291.81 billion in previous fiscal For the first time, monthly merchandise exports exceed USD 40 Billion, reaching USD 40.38...

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS LOK SABHA UNSTARRED QUESTION NO. 3970 TO BE ANSWERED ON 28 MARCH 2022 IMPACT OF RUSSIA-UKRAINE WAR ON ECONOMY 3970. SHRI A. GANES...

Shri Piyush Goyal “India-UAE ties to be a defining partnership for the 21st century” Union Minister of Commerce & Industry, Consumer Affairs and Food & Public Distribution and Textiles, Shri Piyush Go...

GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS LOK SABHA UNSTARRED QUESTION NO. 2967 TO BE ANSWERED ON MARCH 21, 2022 IMPACT OF COVID-19 ON ECONOMY SHRI SHYAM SINGH YADAV: Will...