Community & General News

Reserve Bank of India introduces the RBI-Digital Payments Index

02 January 2021 at 12:35

The Reserve Bank of India has constructed a composite Digital Payments Index (DPI) to capture the extent of digitization of payments across the country.

Posted in Community & General | 1842 Views

Year End Review - 2020 for Department for Promotion of Industry & Internal Trade

31 December 2020 at 16:16

To improve the Ease of Doing Business in the country, the emphasis has been on simplification and rationalization of the existing rules and introduction of information technology to make governance more efficient and effective.

Posted in Community & General | 2085 Views

Cabinet approves Industrial Corridor nodes at Krishnapatnam and Tumakuru under CBIC

31 December 2020 at 12:39

The approved proposals have a total estimated cost of Rs. 7,725 crore and an estimated employment generation of more than 2.8 lakh persons.

Posted in Community & General | 1560 Views

Odisha becomes the 7th State to complete ease of doing business reforms; Additional borrowing permission of Rs. 1,429 crores issued

31 December 2020 at 10:19

The State has become eligible to mobilize additional financial resources of Rs. 1,429 crores through Open Market Borrowings. Permission for the same was issued by the Department of Expenditure on 30th December 2020.

Posted in Community & General | 1428 Views

RBI releases Report on Trend and Progress of Banking in India 2019-20

30 December 2020 at 11:34

This Report presents the performance of the banking sector, including co-operative banks, and non-banking financial institutions during 2019-20 and 2020-21 so far.

Posted in Community & General | 2616 Views

Central Government notifies Real Estate Agents as persons carrying on designated businesses or professions

29 December 2020 at 11:02

The Central Government has notified that Real Estate Agents will be referred to as "persons carrying on designated businesses or professions".

Posted in Community & General | 2130 Views

PM releases the 7th installment of financial benefit under PM Kisan Samman Nidhi

26 December 2020 at 17:15

The Prime Minister, Shri Narendra Modi today released the 7thinstalment of financial benefit under PM KisanSammanNidhi through a video conference. 9 crore farmer families get the benefit, 18000 crore Rs deposited via DBT.

Posted in Community & General | 2013 Views

RBI Cautions against unauthorized Digital Lending Platforms/Mobile Apps

23 December 2020 at 16:01

Reserve Bank has also mandated that digital lending platforms which are used on behalf of Banks and NBFCs should disclose name of the Bank(s) or NBFC(s) upfront to the customers.

Posted in Community & General | 2406 Views

Shri Piyush Goyal launches India-Australia Economic Strategy Report

21 December 2020 at 13:23

Says there is tremendous scope for Australian investment into India. With Bigger trade basket, Better trade basket and Balanced trade relationship, we can see huge & exponential growth in our trade relationship.

Posted in Community & General | 1359 Views

Ministry of Finance announces Auction for Sale (Re-issue) of Government Securities

21 December 2020 at 13:23

The Department of Economic Affairs, Ministry of Finance has announced the Auction for Sale (Re-issue) of Government Securities together with the Method of Auction and Notified Amount for the same.

Posted in Community & General | 1908 Views