Current Affairs

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E-Commerce Exports Handbook for MSMEs

The Commerce Minister Piyush Goyal released a comprehensive “E-Commerce Exports Handbook for MSMEs” to boost overseas shipments by small businesses using online platforms. A One-Stop Guide The handbook...

December 29, 2023

India Warns Offshore Crypto Exchanges Flouting Regulations

India’s anti-money laundering agency, the Financial Intelligence Unit (FIU-IND), has issued legal notices to 9 offshore cryptocurrency platforms violating domestic regulations. Bringing Crypto into the AML Ambit In...

December 29, 2023

New Guidelines Address Concerns Over India’s E-Commerce Tax Rule

The CBDT has released detailed guidelines clarifying issues regarding Section 194-O of the Income Tax Act mandating a 1% Tax Deduction at Source (TDS) by e-commerce companies. What...

December 29, 2023

“Trend and Progress of Banking in India” Report

India’s banking sector demonstrated continued positive momentum in recent quarters, with falling bad loans, profitable growth and adequate capital buffers. Declining Bad Loan Ratio The non-performing asset (NPA)...

December 28, 2023

Dr P. Indira Devi Conferred Prestigious ISAE Fellow 2023 Title

Dr P. Indira Devi, an eminent agricultural economist from Kerala, has been conferred the distinguished title of ISAE Fellow 2023 by the Indian Society of Agricultural Economics (ISAE)....

December 27, 2023

eSvarna: The First Corporate RuPay Credit Card with UPI

IndusInd Bank has launched a pathbreaking new corporate credit card – eSvarna – on the RuPay network. It is India’s first corporate credit card that allows linking with...

December 27, 2023

India Identifies 22 Critical Mineral Blocks for Future Mining

Critical minerals refer to specialized metals and non-metals crucial for high-tech industries, clean energy technologies, defense, aerospace, and electronics. Securing steady supplies of such scarce minerals is vital...

December 26, 2023

Draft Omnibus Framework for recognising Self-Regulatory Organisations (SROs) for its Regulated Entities (REs)

The Reserve Bank of India (RBI) has released a ‘Draft Omnibus Framework for Recognising Self-Regulatory Organisations (SROs) for its Regulated Entities (REs).’ The draft framework aims to establish...

December 22, 2023

Jute Corporation of India Launches ‘Paat-Mitro’ App for Jute Farmers

The Jute Corporation of India took a significant step toward supporting jute farmers by launching the ‘Paat-Mitro’ app. Rachna Shah, Secretary, Ministry of Textiles, inaugurated the app, which...

December 22, 2023

RBI Introduces Card-on-File Tokenisation Facility Through Banks

The Reserve Bank of India (RBI) has introduced a Card-on-File (CoF) tokenisation facility through banks, enabling cardholders to conveniently create and link tokens to their existing accounts with...

December 21, 2023

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