Author Archives: Mridusmita


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…


Rupee Falls to Record Low; Touches 69.09 against US Dollars On 28th June 2018, the rupee hit an all-time low of 69.09 against the US Dollar. It is expected to depreciate even more. The rupee’s last record low was hit Read more…


The Hindu explains the ‘Adopt a Heritage’ scheme,  What is it? The ‘Adopt a Heritage: Apni Dharohar, Apni Pehchaan’ scheme is an initiative of the Ministry of Tourism, in collaboration with the Ministry of Culture and the Archaeological Survey of Read more…


The Southern States are mainly protesting over a particular term of reference of the new 15th Finance Commission. It is the use of 2011 census as the basis of allocation of tax resources between the states. (Read: Explained: Finance Commission and its Read more…


The 1997 Asian Financial Crisis was the crisis that affected many Asian countries in July 1997. The Asian countries affected were Thailand, South Korea, Malaysia, Indonesia, Singapore and the Philippines. The crisis originated in Thailand. Thailand’s currency Baht collapsed in Read more…

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