The Securities and Exchange Board of India (SEBI) , the capital and commodity market regulator, has recently allowed Multi Commodity Exchange of India Ltd (MCX) to launch India’s...
The Parliamentary Panel headed by Maj. General (Retired) B C Khanduri has recently tabled its report in Parliament. In the report, the panel has recommended the 100% pension...
India has recently signed a $329 million loan agreement with Asian Infrastructure Investment Bank (AIIB) for Gujarat Rural Roads Project. The objective of the project is to improve...
Dhirendra Swarup, who was a public interest director at the BSE, has been appointed as the new chairman of the Bombay Stock Exchange (BSE). He succeeded Sudhakar Rao....
According to the Reserve Bank of India (RBI)’s 3rd bi-monthly monetary policy statement for year 2016-17, the policy repo rate under the Liquidity Adjustment Facility (LAF) has reduced...
The Fiscal Responsibility and Budget Management (FRBM) Committee has submitted its 4 volume report on changes in FRBM Act, 2013 to the Union Finance Minister Arun Jaitley. The...
The government will launch Lucky Grahak Yojana for Consumers and Digi-Dhan Vyapar Yojana for Merchants to encourage people to move towards digital transactions by offering incentives. The government...
Tripura Government has decided to opt for cashless payment system in public transactions beginning this New Year. To this effect, the government has initiated the process of opening...
The Reserve Bank of India (RBI) has slapped a fine on five foreign banks, namely, Deutsche Bank, Standard Chartered Bank, Bank of America, Bank of Tokyo Mitsubishi and...
IRDAI’s annual report has stated that out of 24 life insurance companies, only 19 insurers remained profitable in 2015-16. The life insurance industry has reported a profit of...
