Why in news? India, which is the world’s largest consumer of gold, has the 11th largest gold reserve, with the current holding pegged at 607 tonnes, as per the latest report by the World Gol... Read more

Why in news? The National Company Law Tribunal (NCLT) approved a Rs.42,000 crore resolution plan of global steel magnate ArcelorMittal to take over the debt-ridden Essar Steel in Gujarat. Th... Read more

Why in news? The government is working on a scheme to push work-from-home jobs in the IT sector by offering financial incentives to both employees and employers. Incentivising work-from-home... Read more

Why in news? Most commercial banks in India are likely to select RBI’s repo rate as the external benchmark to decide their lending rates, from April 1. The repo rate is the key policy rate o... Read more

Why in news? The government has approved the disbursal of a recapitalisation package of Rs. 48,239 crore for 12 public sector banks. This package had a fourfold objective: (i) bringing the b... Read more

Why in news? The Reserve Bank of India (RBI) decided to transfer an interim dividend of Rs 28,000 crore to the government in the current financial year (2018-19 or FY19) at its board meeting... Read more

Why in news? e-AUSHADHI portal, for online licensing of Ayurveda, Siddha, Unani and Homoeopathy drugs and related matters Have been launched. e-AUSHADHI portal is intended for increased tran... Read more

Why in news? S. Ambassador Kenneth I. Juster will lead a delegation of officials to hold talks with Union Commerce Minister Suresh Prabhu to resolve several sore trade points, including the... Read more

हाल ही में वित्त मंत्रालय ने RBI से 27,380 करोड़ रुपये ट्रांसफर करने की मांग की है। इस राशि को केन्द्रीय बैंक ने पिछले कुछ वर्षों से रिस्क कवर और आरक्षित भंडार (रिजर्व) के तौर पर अपने पास रख... Read more