[‘Daily News Updates’ will provide you with a simplified understanding of the important economic/financial events across the country] Government announces hike in MSP of various crops as farmers continue protesting against the three Farms Laws On 9th June, the Government announced an increase in the Minimum Support Price (MSP) of various crops, adhering to the …
[‘Daily News Updates’ will provide you with a simplified understanding of the important economic/financial events across the country] 24% Recovery from IBC Cases in FY-21 According to a recent research report by Macquarie, out of the total 4,300 odd cases that have been admitted under the Insolvency and Bankruptcy Code, 2016 (‘IBC’), only 8 % …
[‘Daily News Updates’ will provide you with a simplified understanding of the important economic/financial events across the country] Dewan Housing Finance Corporation (DHFL) shares to be delisted from the Stock Exchanges after approval of the Resolution Plan The National Company Law Tribunal (NCLT), on June 7, approved the overall resolution plan filed by the Piramal …
[‘Daily News Updates’ will provide you with a simplified understanding of the important economic/financial events across the country] GST Collections Amount to Rs. 1.02 Lakh Crores in May; Drop From Last Month GST revenue collections remain over the Rs. 1 lakh crores figure for the eighth straight month in May 2021, at Rs. 1.02 lakh …
[‘Daily News Updates’ will provide you with a simplified understanding of the important economic/financial events across the country] G7 Countries Reach a Historic Agreement towards a Global Minimum Tax Rate The G-7 countries, on Saturday, reached a historic agreement that aims to eliminate cross-border tax loopholes used by many MNCs to avoid paying higher taxes. …
[‘Daily News Updates’ will provide you with a simplified understanding of the important economic/financial events across the country] RBI Announces an Increase in Bond-Buying; to Purchase 1.2 Trillion Government Securities in the September Quarter While the Reserve Bank of India kept policy rates unchanged, it announced that it would buy an additional Rs. 1.2 trillion …
[‘Daily News Updates’ will provide you with a simplified understanding of the important economic/financial events across the country] RBI Keeps Interest Rates Unchanged; Cuts Growth Forecast In the ongoing Monetary Policy Committee meeting, interest rates have been kept unchanged as predicted by many experts (and reported by us on 2nd June, 2021). In other words, …