Economy

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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Rupee rises 8 paise to 72.86 against US dollar

Last week the rupee appreciated 8 paise to 72.86 against the US dollar in opening trade.                        LEARNING WITH TIMES …

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Third phase of Pradhan Mantri Kaushal Vikas Yojana (PMKVY 3.0) launched

The third phase of Pradhan Mantri Kaushal Vikas Yojana (PMKVY 3.0) was launched in 600 districts across all states of India. Spearheaded by the Ministry of Skill Development and Entrepreneurship…

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RBI drains ₹2 tn of liquidity via 14-day reverse repo auction

 The Reserve Bank of India (RBI)  has drained ₹2 trillion of liquidity from the system via the 14-day reverse repo auction as it begins the process of normalizing liquidity operations….

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FDI equity inflows into India cross $500 billion: Foreign Direct Investment, FII explained

Foreign Direct Investment (FDI) equity inflows into India crossed the $500 billion milestone during April 2000 to September 2020 period; according to the data of the Department for Promotion of…

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Food Processing Ministry launches GIS One District One Product digital map

Union Minister for Food Processing Industries virtually inaugurated the capacity building component of the Pradhan Mantri Formalisation of Micro food processing Enterprises scheme (PM-FME Scheme) and launched the GIS One…

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