BSE listed the first bond on its Global Securities Market

The Bombay Stock Exchange (BSE)'s India International Exchange listed the first bond on its Global Securities Market. The bonds issued by Indian Railways Finance Corporation (IRFC) are one...

IIP output contracts 0.1% in June 2017

India’s factory output, measured by the Index of Industrial Production (IIP) has registered negative 0.1% growth in June 2017. It was mainly due to a fall in output of...

23rd GST Council Meeting

The GST Council in its 23rd meeting held in Guwahati came up with a range of new decisions which will lead to easing tax rates and compliance issues. The...

NHB to provide Rs.10,000 cr liquidity infusion facility to HFCs

The housing sector regulator National Housing Bank (NHB) opened a liquidity infusion facility of Rs.10000 crore for Housing Finance Companies (HFCs) to improve liquidity in sector. The move is...

Income tax exemption limit on gratuity doubled to Rs 20 lakh

The government has increased the tax-free gratuity income limit to Rs 20 lakh. This move will benefit the public as well as private sector employees. The Ministry of Finance...

PSBloansin59minutes.com became India’s largest online lending platform

PSBloansin59minutes.com which was launched by Prime Minister Narendra Modi in 2018 has emerged as the country's largest online lending platform, with loan sanctions exceeding over Rs 35,000 crore. The...

Sushil Modi to head committee to look into GST revenue shortfall faced by states

The Deputy Chief Minister of Bihar, Sushil Modi will be heading the seven-member group of ministers (GoM) that will look into revenue shortfall being faced by the states after...

BSE,1st Indian stock exchange gets US SEC’s DOSM recognition

BSE Ltd (earlier known as Bombay Stock Exchange) became first Indian exchange to be designated as Designated Offshore Securities Market (DOSM) by United States Securities and Exchange Commission (US-SEC). DOSM...

Indian economy will grow by 7.3% in FY’18 : ADB Report

The Asian Development Bank (ADB) stated that the Indian economy would expand by 7.3 % in fiscal year (FY) 2018 and 7.6 % in the next fiscal year.Asian Development...

CBIC developed GST Verify mobile app

The Central Board of Indirect Taxes and Customs (CBIC) has developed mobile app ‘GST Verify’ to protect interest of consumers. It is android app to verify if the person...

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