GOI Extended PLI Scheme Application Window for White Goods
The Indian government has extended the application window for the Production Linked Incentive (PLI) scheme for white goods (including air conditioners and LED lights) until...
Category : ECONOMY
RBI Penalised Five Indian Banks For Regulatory Non-Compliance in First Week of July
In the first week of July, the Reserve Bank of India (RBI) took action against five banks for not following various RBI rules. The latest...
SEBI Introduced New Rules For Stock-Brokers To Prevent Market Frauds
The Securities and Exchange Board of India (SEBI) has introduced a new institutional mechanism that requires stock brokers to establish systems to identify and prevent...
GOI Asked Power Houses To Buy Equipment worth USD 33 Billion To Boost Coal Power Output
India has asked power companies to buy equipment worth USD 33 billion this year to add more coal-fired power in the years ahead. This move...
RBI Reported: Rs 2,000 Notes worth Rs 7,571 crore Still Available in the Indian Economy
The Reserve Bank of India (RBI) said on July 1, 2024, Monday, that by June 28, 2024, the total value of Rs 2000 banknotes in...
Interest Rates of Various Government Schemes for Q2 FY2024-25 Remain Unchanged
The government has decided to keep the current interest rates for small savings schemes the same, for the period of July to September 2024, i.e....
SEBI Raised Basic Demat Account Limit to Rs 10 Lakhs
SEBI has increased the limit for the basic service demat account to Rs 10 lakhs from the current Rs 2 lakhs to encourage small investors...
India’s Fiscal Deficit Narrowed To 3% for April-May, Totalled to Rs 50,615: CGA Data
On June 28, Friday, the Controller General of Accounts (CGA) reported that India’s fiscal deficit for the first two months of the financial year 2024-25...
RBI released 29th Issue of the Financial Stability Report (FSR): Key Highlights
Today, on June 27, the 29th issue of the Financial Stability Report (FSR) was published by the Reserve Bank of India (RBI). This report provides...
53rd GST Council meeting key takeaways: Major announcements in June 2024
In the 53rd GST Council meeting held on June 22, 2024, notable announcements were made by Finance Minister Nirmala Sitharaman. Sitharaman chaired the meeting, which...