The Reserve Bank of India and the Central Bank of UAE (CBUAE) on 15 July signed two MoUs related to the promotion of local currencies for cross-border transactions and interlinking their payment systems UPI with the Instant Payment Platform (IPP) Read More …
Category: Economy
A World of Debt report
According to a new report by the UN Global Crisis Response Group, entitled A World of Debt, a total of 52 countries – almost 40 per cent of the developing world – are in “serious debt trouble”, Mr. Guterres said, Read More …
Govt imposes 28 per cent GST on online games
The Goods and Services Tax (GST) Council, in its 50th meeting on July 11, decided to levy a uniform 28 per cent tax on full face value for online gaming, casinos and horse-racing. Key points
Govt brings GSTN under PMLA
The Government of India has amended provisions of the money laundering Act to allow the Enforcement Directorate to share information with GST Network. Key points
Global Multidimensional Poverty Index
According to the latest update of global Multidimensional Poverty Index, as many as 415 million people in India were lifted out of poverty from 2005-06 to 2019-21. Key points About global Multidimensional Poverty Index
UNESCAP-Global Survey on Digital and Sustainable Trade Facilitation 2023
The United Nations Economic and Social Commission for Asia Pacific’s (UNESCAP) has released the Global Survey on Digital and Sustainable Trade Facilitation. India’s performance About Global Survey on Digital and Sustainable Trade Facilitation
UNCTAD’s World Investment Report 2023
Recently, the World Investment Report 2023 was released by UNCTAD. Key points
Sebi mandates certification for ESG rating providers
The Securities and Exchange Board of India (Sebi), through a notification issued on July 3, has mandated that all entities providing ESG (environmental, social, governance) rating services will have to get a certification from the regulator within six months. Key Read More …
Scheme for Expansion and Modernization of Fire Services in the States
The Union Ministry of Home Affairs, has launched a “Scheme for Expansion and Modernization of Fire Services in the States” from the earmarked allocation of Preparedness and Capacity Building Funding Window under the National Disaster Response Fund (NDRF) for strengthening Read More …
Price Monitoring Division (PMD)
Prices of 16 more food items, including eggs, millets, and spices, may be tracked by the Price Monitoring Division (PMD) on a daily basis, given the recent spike in retail prices of several essential commodities. Key points
Sagar Samajik Sahayog
The Union Minister of Ports, Shipping & Waterways Sarbananda Sonowal, has unveiled the new corporate social responsibility (CSR) guidelines called ‘Sagar Samajik Sahayog’ by the Ministry of Ports, Shipping & Waterways. Key points
Tomato Grand Challenge (TGC) hackathon
The Department of Consumer Affairs (Ministry of Consumer Affairs, Food & Public Distribution) has announced a Tomato Grand Challenge (TGC) hackathon to invite innovative ideas at various levels of the tomato value chain to ensure availability of tomato to the Read More …
Sulphur coated Urea (Urea Gold)
Recently, the Cabinet Committee on Economic Affairs (CCEA) approved a unique package of innovative schemes for farmers with a total outlay of Rs.3,70,128.7 crore.
IMF Staff-level agreement and Stand-by Arrangement (SBA)
The International Monetary Fund (IMF) staff and the Pakistani authorities have reached a staff-level agreement on policies to be supported by a Stand-By Arrangement (SBA). Key points Stand-by Arrangement (SBA)
PM-PRANAM scheme
The Cabinet Committee on Economic Affairs (CCEA) has approved a unique package of innovative schemes for farmers with a total outlay of Rs.3,70,128.7 crore. PM-PRANAM