On May 22, 2020, the policy committee met in an emergency meeting to review the current economic outlook and impacts of COVID-19. Highlights The RBI has reduced the...
The Group of Ministers Committee formed under the leadership of Social Justice and Empowerment Minister recently submitted its draft proposals on employment and skill development. Proposals made The...
The RBI has announced a special liquidity window of 50,000 crore INR for mutual funds in light of Franklin Templeton closing down 6 of its debt funds due...
The Government of India has established International Financial Services Centre Authority. The headquarters of the authority is to be established in Gandhinagar, Gujarat. Highlights The Authority was established...
On April 27, 2020, the Reserve Bank of India announced the special liquidity facility for mutual funds of Rs 50,000 crores. The Reserve Bank of India is increasing...
The RBI announced a 60% increase in WMA limit over the March levels for state governments to enable COVID-19 containment and mitigation efforts and plan their market borrowings....
On April 15, 2020, Finance Minister Nirmala Sitaraman attended G20 Finance Minister meet. The Minister shared the policy measures being implemented by the Government of India and RBI....
With the increasing economic crisis, Helicopter Money is a solution being suggested by economic specialists all over the world. What is Helicopter Money? Helicopter Money was the term...
