Category: Economy Concepts
Treasury Bills | Government Securities
Government to borrow Rs 3.94 lakh crore via Treasury bills (T-bills): Reserve Bank of India (RBI).
Most Favoured Nation | Double Taxation Avoidance Agreement
Swiss Shock: EFTA member lobs back India’s MFN tax volley.
Cess and Surcharge
Recently, the Chairman of the 16th Finance Commission highlighted concerns related to cess and surcharge.
De-Dollarisation
RBI Governor Shaktikanta Das explained India’s stand on de-dollarisation after US president-elect Donald Trump’s warning to BRICS nations.
Base Year of GDP
Government decides to update the GDP base year from 2011-12 to 2022-23.
Municipal Finances
Report on Municipal Finances Released by Reserved Bank of India (RBI).
Reclassification of FPI to FDI
RBI issues framework for reclassification of FPI to FDI
Mule Account
Union Ministry of Home Affairs has issued an alert about illegal payment gateways using mule bank accounts for money laundering.
Food Inflation
Price rise in vegetables had hit a 14-month high of 36% in September, lifting food inflation for consumers to 9.2%
Forex Reserve
India becomes 4th nation to cross 700 billion dollars in foreign reserves, following China, Japan, and Switzerland.