Economy

Govt rolls out vehicle scrappage policy

Govt rolls out the vehicle scrappage policy said that it will reduce pollution and increase road safety; in an attempt to give a boost to the automobile manufacturing sector and…

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RBI:Repo rate unchanged

The six-member Monetary Policy Committee (MPC) headed by Reserve Bank of India (RBI) Governor Shaktikanta Das kept the repo rate unchanged at 4 percent, while the reverse repo rate also…

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India becomes 4th largest forex reserves holder globally: Basics Explained

India’s foreign exchange reserves rose by $835 million to touch a record high of $612.73 billion in the week ended July 16, 2021, the Reserve Bank of India (RBI) data…

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New National Horticulture Board Centre at Gwalior inaugurated: Basics Explained

Union Minister of Agriculture & Farmers Welfare inaugurated the new Centre of National Horticulture Board (NHB) at Gwalior in the state of Madhya Pradesh.  NHB, which is mandated for integrated…

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RBI surplus transfer to the Central Government: Basics Explained

Last week The Reserve Bank of India (RBI) has decided to transfer a surplus of ₹99,122 crore to the central government. LEARNING FROM HOME/ WOTHOUT CLASSES/ BASICS As per Section 47…

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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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