CCEA allows export of pulses
The Cabinet Committee on Economic Affairs gave its approval for removing the prohibition on the export of all types of pulses to give the farmers greater choice in marketing their produce…
RBI approves phase out of FIPB board
The Reserve Bank is expected to formulate standard operating procedure (SOP) for approval of FDI proposals by ministries following the government decision to phase out FIPB. The proposal for setting…
Crypto currencies, Initial Coin Offerings (ICO) under SEBI lens
Context: The rising popularity of crypto currencies and the increasing number of entities looking at raising funds through Initial Coin Offerings (ICO) has caught the attention of the capital market…
In finance, what is ‘pull to par’?
This refers to the tendency of the price of a bond in financial markets to converge towards its face value as the bond nears its maturity. Pull to par happens…
Biaras Small Hydro Power Project
The Biaras Small Hydro Power Project (SHP) of 1.5 MW capacity, in Biaras Drass, Kargil Jammu & Kashmir, was commissioned. It is the first project to be commissioned under the…
National Rural Drinking Water Programme
National Rural Drinking Water Programme (NRDWP) is a Centrally Sponsored Scheme with 50: 50 fund sharing between the Centre and the States. It was started in 2009, with a major emphasis on…
RBI release new outsourcing norms for NBFCs
Context: Non-banking financial companies (NBFCs) cannot outsource core management functions like internal audit, strategic and compliance functions for know your customer (KYC) norms, sanction of loans and management of investment…
Global watchdog FATF puts Pakistan on notice
Context: The Financial Action Task Force (FATF), the global antimoney laundering watchdog, in its just concluded meet at Beunos Aires, Argentina has put Pakistan on notice for terror financing. More…
What are the Paradise Papers?
Context: The Paradise Papers are set of 13.4 million documents mainly from Appleby, an offshore law firm with offices in Bermuda and beyond related to offshore investment in some of…
Decoding GST forms
What is a GSTR-1 form? This serves as the master form for all subsequent forms for the return period. GSTR-1 assumes that a business transaction that needs to be recorded…