Railway Minister Piyush Goyal has inaugurated the new Rail Drishti Dashboard portal – raildrishti.cris.org.in. The portal- people will be easily able to access information related to Indian Railways, get details of freight trains…
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Reserve Bank of India(RBI) reduced the policy interest rate by 25 basis points to 6.25 %, a move that could lead to banks reducing lending rates for consumer and home loans. The repo…
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Mysore-born Gita Gopinath has joined International Monetary Fund as its Chief Economist, becoming the first woman to occupy the top IMF post. LEARNING WITH TIMES The IMF, was conceived at…
Read MoreFormer economic affairs secretary Shaktikanta Das was named the 25th governor of the Reserve Bank of India (RBI) to succeed Urjit Patel.The appointment will be for three years. LEARNING WITH TIMES The…
Read MoreThe tax department exempted angel investors from income tax on their investments in start-ups with effect from April 11. Angel tax’ shall not be levied, where the business is an…
Read MoreRepo rate unchanged at 6.50 per cent Reverse Repo at 6% Cash reserve ratio or CRR unchanged at 4% Growth forecast at 7.6% for the current fiscal Inflation target remains…
Read MoreParliament passed a bill which empowers banks to confiscate security in the case of loan default. The Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment)…
Read MoreThe Goods & Services Tax (GST) was passed in the Rajya Sabha to amend the Constitution, paving the way for the concept of “one nation, one tax”; eliminating cascading of…
Read MoreThe Centre achieved the fiscal deficit target of 3.9% of GDP in FY16, the Controller General of Accounts reported . The Centre’s fiscal deficit stood at Rs 5.32 lakh crore…
Read MoreThe Reserve Bank of India (RBI) released draft guidelines for on-tap licensing of universal banks in the private sector, allowing individuals with 10 years of experience in banking and finance…
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