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Economy
FM Announces Economic Package for Migrant Labourers, Farmers, Street Vendors: Key Highlights
New Delhi: Union Finance Minister Nirmala Sitharaman today announced the economic stimulus package for the migrant workers, street vendors, and small farmers whose livelihood have been affected by the lockdown.
Briefing media, Sitharaman…
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Centre Extends Time Limit for Annual GST Returns for Financial year 2018-19 till Sept 30
New Delhi: The Central Government has given extension for filing of Annual returns for Goods and Services Tax (GST) and movement of goods in the country.
The Central Board of Indirect Taxes and Customs (CBIC) has extended the time limit…
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COVID-19 Lockdown: Date for Renewal of Health, Motor Insurance Policies Extended to April 21
New Delhi: In a relief for the third party Motor Insurance & Health policy holders, the Ministry of Finance has extended the date for renewal of health and motor insurance policies to April 21 in view of the COVID-19 lockdown.
The…
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Frequently Asked Questions: RBI Allowed Banks to Declare Moratorium on Term Loans
New Delhi: Last week, the Reserve Bank of India has allowed Banks to declare a three-month moratorium on all term loans outstanding as on March 1, 2020, as well as on working capital facilities.
The Indian Banks Association has answered…
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RBI Comes up with Rescue Package, Pumps in Rs 1.37 Lakh Cr into Economy
New Delhi: A day after Finance Minister announced package for poor, Reserve Bank of India Governor Shaktikanta Das today announced a cut in the repo rate by 75 basis points and that in reverse repo rate by 90 basis points to help the…
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Almost 25 Million Jobs Could Be Lost Worldwide Due to COVID-19: ILO
Geneva: The economic and labour crisis created by the COVID-19 pandemic could increase global unemployment by almost 25 million, according to a new assessment by the International Labour Organization (ILO).
However, if we see an…
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Friday Mayhem In Dalal Street, Rs 5 Lakh Crore Investor Wealth Gone In Hours
Mumbai: Amid mounting concerns about the impact of coronavirus on global economy, Stock markets today plunged, tracking a collapse in global equities.
The Sensex fell over 1,300 points to 38,403, extending the selloff to the…
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Prices of LPG Gas Cylinder Hiked Sharply
New Delhi: The price of non-subsidized petroleum gas (LPG) cylinders has now been sharply by the state-run oil marketing companies across metro cities.
In Delhi, price of a 14.2 kg non-subsidized Indane gas cylinder rose to Rs 858.50…
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RBI Keeps Repo Rate unchanged, forecasts 2020-21 GDP growth at 6%
Mumbai: In a significant development, the Reserve Bank of India (RBI) on Thursday kept the key repo rate unchanged at 5.15 % in its first monetary policy Review after Budget 2020-21.
The Monetary Policy Committee (MPC) maintained an…
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Key Highlights of Union Budget 2020-21
New Delhi: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2020-21 in the Parliament on Saturday.
The Key Highlights of Union Budget 2020-21 are as follows:
Three prominent themes of the Budget
• Aspirational…
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