What is Impossible trinity in Economics?
A theory that states that, in the long-run, a central bank that hopes to conduct independent monetary policy must choose between maintaining a fixed foreign exchange rate and allowing the…
National Anti-Profiteering Authority
The National Anti-Profiteering Authority, to be set up under the Goods and Services Tax (GST) regime, will have wide-ranging powers, including the power to issue notices to anybody that it…
Startup India Virtual Hub
The Commerce & Industry Minister launched the Startup India Virtual Hub, an online platform for all stakeholders of the entrepreneurial ecosystem in India to discover, connect and engage with each…
The Global Innovation Index (GII)
The Global Innovation Index (GII) is an evolving project that builds on its previous editions while incorporating newly available data and that is inspired by the latest research on the…
India to be Co-Partner Country in ANUGA 2017
Minister of Food Processing Industries addressed a Joint Press Conference with the organizers of ANUGA - an international business platform for Food Industry to be held in Cologne, Germany. The…
Financial Resolution and Deposit Insurance Bill, 2017
The Union Cabinet has approved the proposal to introduce a Financial Resolution and Deposit Insurance Bill, 2017. Details: The Bill would provide for a comprehensive resolution framework for specified financial…
‘CRMs, the true future of ATMs’-A Case Study
Post demonetisation, we witnessed almost a 100% rise in our PoS (point of sale) transactions. This is a result of banks aggressively deploying more PoS machines. Also, customers are opting…
e-way bill
An e-way bill is in fact the underpinning of GST which talks about the seamless movement of goods and services. If you want to move goods worth more than Rs…
Safe Harbour Regime
In order to reduce transfer pricing disputes, to provide certainty to taxpayers, to align safe harbour margins with industry standards and to enlarge the scope of safe harbour transactions, the…
India’s fertility rate more than halves over 40 years
In seven years Indians will cross the 1.44 billion mark and the nation will go on to have a bigger population than China, according to a U.N. report. The World…