Bill to fix minimum wage for unorganised sector introduced in Lok Sabha
The govt. has introduced The Code on Wages Bill in Lok Sabha that seeks to fix a national minimum wage for all categories of over 40 crore unorganised sector workers…
Amended Banking Regulation Bill gets Rajya Sabha nod
The Rajya Sabha has passed the Banking Regulation (Amendment) Bill, which empowers the RBI to issue instructions to the banks to act against major defaulters. The Banking Regulation (Amendment) Bill,…
French index says India worst for retirement now
In a global retirement index of 43 countries, India has ranked the lowest. The index by French asset management company Natixis Global, ranks countries on the basis of four factors The…
Anti-dumping duty on 93 chinese products
Anti-dumping duty is in force on 93 products including chemicals and machinery items imported from China. The other Chinese products on which India has imposed this duty include steel and…
NABARD launches e-Shakti for SHG digitisation
e-Shakti is a pilot project of National Bank for Agriculture and Rural Development (NABARD) for digitisation of Self Help Groups (SHGs). It was initiated to address certain concerns like improving…
BHARAT 22
The Union Finance Minister Shri Arun Jaitley announced a new Exchange Traded Fund (ETF) by the name BHARAT 22. Bharat 22 consists of 22 stocks of CPSE's, PSB's & strategic…
Bill to enable exit of RBI from NABARD passed
A bill to enable exit of RBI from Nabard and increase authorised capital of the development institution six times to INR 30,000 crore was passed by the Lok Sabha on…
Labour Code on Wages Bill
The Union Cabinet has approved the Labour Code on Wages Bill which will ensure a minimum wage across all sectors by integrating existing labour related laws. The Labour Code on…
CAC adopts Codex norms for three spices
In a major recognition of India’s efforts to benchmark global spices trade, the Codex Alimentarius Commission (CAC) has adopted three Codex standards for black, white and green pepper, cumin and…
Recent Changes in Gold Bond Scheme
Background: The sovereign gold bond initially introduced by the Government in 2015 has achieved only limited success, “mostly because of its unrealistic pricing pattern vis-a-vis the international price of bullion,”…
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