All you need to know about FATCA
What is FATCA? The Foreign Account Tax Compliance Act (FATCA) is a United States federal law that requires United States persons, including U.S. citizens who live outside the United States,…
National Steel Policy 2017
The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for National Steel Policy (NSP) 2017. The new Steel Policy enshrines the long term vision…
M.P. shifts fiscal year
Madhya Pradesh will be the first State to switch to the January-December financial year from the present April-March cycle. The change will mean the financial year will coincide with the…
Fortified foods to tackle malnutrition
Malnutrition isn’t just about acute starvation. Often, healthy-looking people are malnourished too, because their diet does not include the right micronutrients. In severe forms, such deficiencies can have serious effects.…
IMF’s quota system
When a country joins the IMF, it is assigned an initial quota in the same range as the quotas of existing members of broadly comparable economic size and characteristics. The IMF uses…
A Guide To Committees Groups And Clubs
International Monetary and Financial Committee The IMFC advises and reports to the IMF Board of Governors on the supervision and management of the international monetary and financial system, including on…
Travel and Tourism competitiveness
Spain has, once again, topped the World Economic Forum's (WEF) list on travel and tourism competitiveness. WEF's biennial report is based on the theme 'paving the way for a more…
Globalization Backlash-A new World Bank report
India’s gross domestic product is expected to spike to 7.2% in the 2017-’18 financial year from 6.8% the previous fiscal. This is according to a new World Bank report titled…
Rewa Ultra Mega Solar Park
Madhya Pradesh has signed project agreements with solar power companies on April 17, 2017 for Rewa Ultra Mega Solar Park. IFC, a member of the World Bank Group, is the…
Reforms in Budget 2017-18-Must Read
The Budget for 2017-18 contains three major reforms. First, the presentation of the Budget has been advanced to 1st February to enable the Parliament to avoid a Vote on Account and…
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