Markets regulator SEBI put in place a framework for upfront collection of funds from eligible issuers of debt securities to build the Settlement Guarantee Fund of the Limited Purpose Clearing Corporation (LPCC). Key points LPCC
Category: Economy
The status of women in agrifood systems
The Food and Agriculture Organization of the United Nations (FAO) recently published a report titled “The status of women in agrifood systems”. Key findings
Dark Stores
Zomato-owned quick-commerce platform Blinkit shut down nearly 100 dark stores across Delhi-NCR in the past few days. About dark store
WTO panel rules against India in ICT tariff dispute
The dispute settlement panel of the World Trade Organization (WTO) has ruled that India’s imposition of tariffs on mobile phones and electronic components violates its commitment under the Information Technology (IT) Act under the multilateral trade body. Key points India’s Read More …
Farmers Distress Index
Scientists at the Central Research Institute for Dryland Agriculture (CRIDA), an Indian Council of Agricultural Research (ICAR) organ, have developed an early warning system called Farmers Distress Index. Key points
NSE cautions investors against dabba trading
The National Stock Exchange (NSE) on recently issued cautionary notices to investors, advising to stay away from dabba or illegal trading on the exchanges. Key points
India surpassed 2022-23 export target of $750 billion dollars to hit $770.18 billion
India surpassed the 2022-23 export target of $750 billion dollars to hit $770.18 billion, which is $94 billion higher than last year’s record exports. Total Trade Deficit Export Import USA remained India’s top export destination Service trade The government setting Read More …
Solar Energy Corporation of India gets ‘Miniratna Category-I’ status
Solar Energy Corporation of India Limited (SECI) has been accorded the status of Miniratna Category-I Central Public Sector Enterprise (CPSE) on 10th April, 2023.
Cost Inflation Index (CII) number
The Central Board of Direct Taxes (CBDT) has notified the cost inflation index (CII) number for the current financial year, 2023-24. The CII number for the current fiscal year is 348. About Cost Inflation Index (CII)
RBI announces framework for acceptance of Green Deposits of regulated entities (RE)
The Reserve Bank of India (RBI) on April 11 announced the framework for acceptance of Green Deposits of regulated entities (RE). A green deposit means an interest-bearing deposit, received by the RE for a fixed period and the proceeds of Read More …
RBI announces a centralised web portal for the public to search unclaimed deposits
The Reserve Bank of India (RBI) on April 6 announced a centralised web portal for the public to search unclaimed deposits. What are unclaimed deposits?
Pradhan Mantri MUDRA Yojana (PMMY) completes 8th year
The Pradhan Mantri MUDRA Yojana (PMMY) celebrated its 8th anniversary on 8th April 2023. The PMMY was launched on 8th April 2015 by Prime Minister with the aim to facilitate easy collateral-free micro credit of up to ₹10 lakh to Read More …
RBI’s PRAVAAH portal
Reserve Bank of India (RBI) will launch a secured web-based centralised portal named ‘PRAVAAH’ (Platform for Regulatory Application, Validation And AutHorisation) to simplify and streamline application processes. Key points
Cabinet approves revised domestic gas pricing guidelines
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister, has approved the revised domestic natural gas pricing guidelines for gas produced from nomination fields of ONGC/OIL, New Exploration Licensing Policy (NELP) blocks and pre-NELP blocks, where Production Sharing Read More …
Competition (Amendment) Bill, 2023
The Parliament passed the Competition (Amendment) Bill, 2023 with Rajya Sabha also approved it on April 3. Key provisions