Economy

By GovernanceToday
In Economy
Aug 23rd, 2019
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55 Views
The Central Government had constituted a task force under the chairmanship of Akhilesh Ranjan, member of the Central Board of Direct Taxes, for the creation of the new direct tax code (DTC), the task force has submitted its report to the Union Finance Minister Smt Nirmala Sitharaman. The objective of the formation of this task force is to replace the 6-decade old Incom...
By GovernanceToday
In Economy
Apr 5th, 2019
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349 Views
The Asian Development Bank (ADB) in the recent Asian Development Outlook report has made the following observations in the forecast for the financial year 2019-20: India’s growth forecast was lowered for 2019-20 to 7.2% from 7.6% estimated earlier due to moderation in global demand and likely shortfall in revenue on the domestic front.Despite the downgrade in...
By GovernanceToday
In Banking & Finance
Apr 7th, 2018
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982 Views
INDIAN BANKING INDUSTRY Is it really vulnerable to frauds? – I f   s o,   w h a t   m a k e s   t h e   i n d u s t r y   s o   v u l n e r a b l e ?  The story begins with the decade of the nineties. The year 1991, being a year of Indian banking liberalization, fetched a happy era which saw the economy undergoing a pretty good amount of growth and changes. As su...
By GovernanceToday
In Economy
Apr 1st, 2018
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507 Views
Do you know where you are going to WITH THE TRADE WAR (Parijat Tripathi) Human life also says what suggest our markets – wars are good for absolutely nothing !! Being big-mouth is okay but still, it puts human life in the market also at peril. Life is sometimes guided and goaded by reels. Reel life has its impact on real life if talk about the trade war with GODZILLA. ...
By Ritika Bisht
In Economy
May 4th, 2016
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594 Views
With the view of boost hydropower development in the country power ministry is preparing a new framework which would include lowering the cost and removal of long-drawn clearances. “We are preparing a framework for hydropower development in the country, very soon we will take it up to the highest level in the government, so the focus is going to be back on hydro,...
By Ritika Bisht
In Economy
Apr 14th, 2016
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368 Views
A recent report by World Bank has revealed that India retained its top spot as the world’s largest recipient of remittances from abroad in 2015. The annual report titled ‘Migration and Development Brief’ stated India retained its top spot in 2015, attracting about USD 69 billion in remittances, down from USD 70 billion in 2014. India was followed by China, with USD 64 ...
By Ritika Bisht
In Defence
Apr 11th, 2016
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341 Views
The US has stated that Prime Minister Narendra Modi’s manufacturing project Make-in-India will get reflected in the defence activities between the two nations. “Make-in-India is on Prime Minister Modi’s priority list and (Indian Defence Minister) (Manohar) Parrikar is reflecting it in our defence activities by stressing on co- production, co-development and technology ...
By Ritika Bisht
In Economy
Apr 8th, 2016
0 Comments
407 Views
Speaking on the issue of high oil prices, Finance Minister Arun Jaitley has said that exceedingly high oil prices can create problems for the country. The minister clarified, “Certainly, the oil prices at the current level, even a little higher, create helpful environment as far as India is concerned. If they are exceedingly high, then it creates problem for us. I am c...
By Ritika Bisht
In Economy
Apr 8th, 2016
0 Comments
457 Views
The recent data revealed by BSE index showed unemployment rate in urban areas at 9.62 percent, whereas it stands at 7.15 percent in rural areas (as of April 6). The overall figure for the country is 7.97 per cent, the index prepared by the top as identified by BSE in collaboration with business information firm CMIE (Centre for Monitoring Indian Economy). The index is ...
By Ritika Bisht
In Economy
Mar 15th, 2016
0 Comments
388 Views
Minister for Women and Child Development Maneka Gandhi has stated that India is updating the National Policy for Women to establish a solid foundation for accelerating its commitment to women’s empowerment. “Ensuring gender equality, promoting women’s empowerment and combating discrimination and violence against women are integral to our national purs...