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India’s Monthly Goods Exports – Current Trend
The Ministry of Commerce and Industry recently released the monthly goods export report of the country. According to the report, in December 2021, India exported 37.29 billion USD of goods. Key Findings of the report The export demand for goods ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2024
SAIL enters 100 most-valued Indian firms list
The stock of SAIL increased to a nine year high of Rs 135.60 on the BSE. In the last six weeks, the stocks of SAIL has increased by 85%. It has entered the hundred most valued Indian firms list. SAIL ..
Month: Current Affairs - May, 2021
UK-India $1.4 billion investment deal
The Government of India and British Government recently finalised a one billion pound of trade and investment with India. This is expected to create 6,500 jobs in the UK. The deal has been finalised ahead of the virtual summit between ..
Month: Current Affairs - May, 2021
IGST on Import of Oxygen Concentrators reduced
The Ministry of Finance recently cut the IGST on import of oxygen concentrators for personal use to 12%. Earlier it was 28%. IGST is Integrated Goods and Services Tax. The decision was announced by the Central Board of Indirect taxes ..
Month: Current Affairs - April, 2021
HSN Code: New rules
The Ministry of Finance recently announced that the businesses with annual turn over of more than Rs 5 crores will have to furnish six-digit HSN code on their tax invoices. The businesses with an annual turn over of less than ..
Month: Current Affairs - April, 2021
Kamalam: Gujarat renames Dragon Fruit
The Gujarat Government is to patent the Dragon Fruit in the name of “Kamalam”. Kamalam is also the name of the BJP state party headquarters in Gujarat. Dragon Fruit The Dragon fruit is a cactus variety fruit. It is widely ..