Topic: Economic growth
RBI Caps FEMA Violation Penalty to ₹2 Lakh
Recently, the Reserve Bank of India (RBI) implemented changes to the Foreign Exchange Management Act (FEMA) regulations. The RBI capped penalties for FEMA violations at ₹2 lakh. This...
Boilers Bill 2024 Passed by Rajya Sabha
The Rajya Sabha has recently passed the Boilers Bill 2024, replacing the Boilers Act of 1923, which aims to enhance safety for workers operating boilers. The bill also...
29th CII Partnership Summit
The 29th CII Partnership Summit took place in New Delhi and External Affairs Minister S. Jaishankar represented India at this event. He engaged with various international ministers and...
Confederation of Indian Industry (CII) Launches Strategy Cell
The Confederation of Indian Industry (CII) has initiated a strategy cell in Coimbatore, which aims to support businesses in their growth journey. It was established to assist selected...
IMF Approves Sri Lanka’s Third Bailout Review
The International Monetary Fund (IMF) has recently approved the third review of Sri Lanka’s 2.9 billion bailout on November 23, 2024. The country’s economy remains fragile despite the...
India and Maldives Enhance Currency Cooperation
The Reserve Bank of India (RBI) and the Maldives Monetary Authority (MMA) have recently signed a very important agreement, which aims to facilitate transactions using local currencies. The...
Bihar to Host Khelo India Youth Games 2025
Bihar will host the Khelo India Youth Games in April 2025, which marks the state’s first time as a host for this prestigious event. The Khelo India Para...
Major Infrastructure Projects Under PM GatiShakti
The PM GatiShakti initiative aims to enhance India’s infrastructure, launched on October 13, 2021, it proposes 228 projects worth ₹15.89 lakh crore. These projects span roads, railways, urban...
2nd India-CARICOM Summit
Prime Minister Narendra Modi’s visit to Guyana on November 20, 2024, marked a moment in diplomatic relations. This visit was the first by an Indian head of state...
ASEAN-India Free Trade Agreement (AIFTA) Review
The ASEAN-India Free Trade Agreement (AIFTA) was initiated in 2010, which aimed to enhance trade in goods and services. After 15 years, a review is necessary to assess...
Delhi, Rajasthan, and Tamil Nadu Lead in 5-Year Property Tax Growth
Municipal corporations (MCs) are crucial for urban governance, which rely heavily on property taxes for revenue. Recent reports highlight important differences in property tax revenue growth across states...
