The first country to adopt India’s UPI system will be Nepal which will be critical in modernising the neighbouring country’s digital economy. Overview: To deliver the services in...
For the first time, the Securities and Exchange Board of India (SEBI) has declared a government-owned company called “PEC Ltd” as ‘not fit & proper’. Highlights PEC Ltd...
Private sector AU Small Finance Bank (SFB) signed a pact with the National Bank for Rural and Development (NABARD) on September 29, 2021 in a bid to boost...
Reserve Bank of India (RBI) has moved out the public sector lender Indian Overseas Bank (IOB) from Prompt Corrective Action (PCA) framework after its financial and credit profile improved. Key Points...
Centre government notified the rates and guidelines for Remission of Duties and Taxes on Exported Products (RoDTEP) export incentive scheme. Key Points This scheme for zero rating of...
Rasmi Ranjan Das, a Joint secretary of the Finance Ministry has been appointed to the UN tax committee as a member for the term period 2021 to 2025....
Union government has approved PMGKY 4.0 to allocate additional food grain for another period of five months from July 2021 to November 2021. Key Points Pradhan Mantri Garib...
The Government of India recently appointed T Rabi Shankar as the fourth Deputy Governor. About T Rabi Shankar T Rabi Shankar is in charge of fintech, payment system,...
The Ministry of Finance recently announced that it is to provide Rs 15,000 crores to the states for their Capital Expenditure for 2021-22. This is being provided as...
The Ministry of Finance has launched several schemes in past seven years which comprise of several special provisions that empowers the women. One such scheme is “Stand-up India...
