Economy

PM-KISAN scheme: Govt transferred first instalment to farmers’ accounts

The Centre disbursed the eighth instalment of Pradhan Mantri Kisan Samman Nidhi Yojana (PMKSNY) scheme on 14 May. This 14 May payouts, will be the first instalment of PM Kisan…

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SEBI notifies relaxed norms for listing start-ups

With an aim to boost listing of start-ups, markets regulator Sebi has notified a slew of relaxations to norms, including reducing holding period for pre-issue capital and allowing discretionary allotment…

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GOI to provide Rs 15,000 crore to States for Capital Expenditure: Basics Explained

The Ministry of Finance, Government of India has decided to provide an additional amount of upto Rs 15,000 crore to States as interest free 50 year loan for spending on capital…

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GOI to provide Rs 15,000 crore to States for Capital Expenditure: Basics Explained

The Ministry of Finance, Government of India has decided to provide an additional amount of upto Rs 15,000 crore to States as interest free 50 year loan for spending on capital…

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Wholesale Price Index — shot up to 7.39 per cent in March

Wholesale-level inflation — measured by the WPI or the wholesale price index — shot up to 7.39 per cent in March on a year-on-year basis. This is the highest wholesale…

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Govt approves PLI scheme for air-conditioners, LED lights

The Cabinet approved a production-linked incentive scheme for air-conditioner and LED light sectors with an outlay of ₹6,238 crore. The PLI scheme for white goods will extend an incentive of 4-6%…

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Lok Sabha passes Insurance Amendment Bill 2021, FDI raised to 74%

The Lok Sabha has passed the Insurance Amendment Bill 2021 leading to a hike in foreign direct investment (FDI) limit in the sector to 74 percent. Rajya Sabha had passed…

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Maritime Summit: Inland WaterWays in India

Last week Prime Minister inaugurated the second edition ‘Maritime India Summit 2021’ .Prime Minister also launched e-book of maritime vision 2030, which is aiming to make the Indian maritime industry at…

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Government to allow all types of steel to be used for highway construction

Union Government  announced that the Ministry of Road Transport and Highways has issued orders that all types of steel will be allowed for the construction of highways in the country….

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15th Finance Commission: Recommendations/ Basics

The Fifteenth Finance Commission recommended that India reduce its headline fiscal deficit to 4% in the next five fiscals ;commission, led by NK Singh said in its report. The commission…

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