RBI issues guidelines for banks to set up currency chests
Context The Reserve Bank of India on Monday came out with guidelines for banks to set up new currency chests. Guideline “Area of the strong...
Category : Daily Updates
World Bank has released its Migration and Development Brief
Context World Bank has released its Migration and Development Brief. India is positioned as the world’s top recipient of remittances with its diaspora sending USD...
Online Harms White Paper
Context UK government has released a white paper on ‘online harms’. The Online Harms White Paper sets out the government’s plans for a world-leading package...
Indian Advance Pricing Agreement regime moves forward with signing of 18 APAs by CBDT in March, 2019
Context The Central Board of Direct Taxes (CBDT) has entered into 18 APAs in the month of March 2019, which includes 03 Bilateral APAs (BAPAs)....
NIIF-Roadis to set up platform to invest in road projects
Context The National Investment and Infrastructure Fund (NIIF) and global transport infrastructure operator Roadis on Wednesday said they would jointly set up a platform to...
NITI Aayog & RMI Release Technical Analysis of FAME II Scheme
Context The NITI Aayog and the Rocky Mountain Institute (RMI) released a report on opportunities for the automobile sector and government under the Faster Adoption...
RBI cuts key repo rate by 25 basis points
Context The Reserve Bank of India (RBI) has slashed the key interest rate, repo rate by 25 basis points or 0.25 per cent to 6...
India’s external debt eases to US$ 521.2 billion
Context The expansion of India’s infrastructure industriesNSE -1.91 % slowed to an 18-month low in December, introduced down by coal, crude and fertilisers, information launched...
Bank of Baroda third largest bank in the country
Context The merger of Vijaya Bank and Dena Bank with Bank of Baroda, will be effective from April 1, 2019. Key Facts Branches of Vijaya...
Multi-dimensional Poverty Index 2018
Context India has made momentous progress in reducing multidimensional poverty, according to estimates from the 2018 global Multidimensional Poverty Index (MPI) released today by the...