The US has decided to remove India from the list of countries eligible to get benefits under the Generalised System of Preferences (GPS) scheme. This scheme provides trade preferences to the developing and the poor countries. What is Generalised System Read more…


What is IL&FS ? IL&FS stands for Infrastructure Leasing & Financial Services Limited.  It is an infrastructure finance company with a pan-India presence. It operates through more than 250 subsidiaries. The IL&FS Ltd. was founded in the year 1987 to fund Read more…


The Reserve Bank of India had a 9-hour board meeting with the Government of India on 19th November. They discussed multiple issues in the meeting. The key decisions taken by the board were: It has been decided to constitute an Read more…


India and Japan signed a $75 billion bilateral currency swap agreement last month. India and Japan have signed similar agreements in the past we well, but this is the largest bilateral arrangement of this kind in the world. A bilateral currency Read more…


The Real Estate (Regulation and Development) Act of 2016 (also known as RERA Act) was enacted to regulate the real estate sector in India. The Act was passed in 2016 & it came into force in May 2017. RERA Act is actually Read more…


On 4th July, the Narendra Modi Government announced substantial increases in the Minimum Support Price (MSP) for Kharif crops. This hike was promised in the Union Budget 2018. As per the Union Budget, the MSP of the Kharif crops was fixed Read more…


On 23rd May 2018, the Union Cabinet approved an ordinance to amend the Insolvency & Bankruptcy code (IBC), 2016. The ordinance will come into force on 23rd November 2018. (Read: The ultimate guide to understanding the insolvency & Bankruptcy Code) Read more…

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