Category: Economy
Internationalisation of Indian Rupee
RBI unveiled Strategic Action Plan for 2024- 25 for Internationalisation of Indian Rupee (INR).
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Cost Inflation Index
Central Board of Direct Taxes (CBDT) notifies CII For Financial Year 2024- 25 for calculating long-term capital gains (LTCG).
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Treaty on Intellectual Property, Genetic Resources and Associated Traditional Knowledge
Treaty on Intellectual Property, Genetic Resources and Associated Traditional Knowledge adopted
External Commercial Borrowings (ECBs)
As per the latest RBI data, External Commercial Borrowing (ECBs) registrations by Indian companies shot up about 84% in FY24 to $49.2 billion, against $26.7 billion in FY23.
Business Responsibility and Sustainability Reporting (BRSR) Framework
SEBI releases Consultation Paper for changes in BRSR framework
Asset Reconstruction Companies
RBI highlighted concerns over functioning of Asset Reconstruction Companies (ARCs)
India-China Trade Ties
China becomes India’s top trading partner in FY 2024 according to the think tank Global Trade Research Initiative
Agrifood System Report
World Bank report on reducing greenhouse gas emissions from agrifood systems released.
TRIPS Agreement
World Trade Organisation (WTO) commemorated 30th anniversary of the Agreement on Trade-Related Aspects of Intellectual Property Rights (TRIPS)