Current News

Indian Economy :

Regulation Of Payment Aggregators And Payment Gateways

  • On 17th March 2020, the Reserve Bank of India (RBI) released guidelines for the activities payment aggregators (PAs) and provides baseline technology-related recommendations to payment gateways (PGs) in the country.

ADB Lists Masala Bonds On India INX

On 25th February, 2022, Asian Development Bank (ADB) listed its 10-year Masala Bonds worth Rs 850 crore on the Global Securities Market (GSM) of the India International Exchange (INX) at GIFT City, Gujarat.


India-Norway Task Force On Blue Economy

On 19thFebruary, 2020, India along with Norway opened the India-Norway Task Force on Blue Economy, in order to promote Sustainable Development, of both the countries.


Abolition Of Dividend Distribution Tax

In order to increase the attractiveness of the Indian Equity Market, to provide relief to large class of investors and to make India an attractive destination for investment, the Union Budget proposed to remove the Dividend Distribution Tax (DDT).


Databank Of Independent Director Launched

On 2nd December, 2019, the Ministry of Corporate Affairs(MCA) launched the Independent Director’s Databank in accordance with the provisions of the Companies Act, 2013.


High Level Advisory Group (HLAG) Report

Recently,Ministry of Commerce and Industry released the report of the High Level Advisory Group (HLAG).


Finance Ministry Cuts Down Corporate Tax

On 20th September, 2019, the government slashed the corporate tax rate for companies by almost 10 percentage points to 25.17 percent and offered a lower rate to 17.01 per cent for new manufacturing firms.


Government To Link MNREGA Wages To Inflation

  • On 18th September, 2019, the Centre decided to inject more money into the flagship Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) scheme by linking wages under the Act to an updated inflation index, which will be revised annually.

First Mega Food Park In Telangana Inaugurated

  • Recently, the first Mega Food Park (MFP) in Telangana located in the village Lakkampally, Nandipet Mandal of Nizamabad district was inaugurated making it the 17thoperational food Park in the country.

Cabinet Approves Proposal For Review Of FDI Policy

Recently, the Union Cabinet approved the proposal for Review of Foreign Direct Investment(FDI) in four different sectors-Coal Mining, Contract Manufacturing, Single Brand Retail Trading (SBRT) and Digital Media.


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