Why in News? Gross Domestic Product (GDP) growth contracted 23.9 percent in the April-June quarter. This also marked its entry into a recessionary phase as GDP Shrinks by 23.9 this…

Why in News ? Eight core infrastructure sectors dropped by 9.6 per cent in July due to decline mostly in production of steel, refinery products and cement. Eight core industries…

Why in News? Faceless E-Assessment Scheme will bring about various benefits for taxpayers one of which is Ease of Doing Business. About Faceless –E-Assessment Scheme Aimed at moving to faceless…

Why in news ? Minister for Electronics and Information Technology Shri Ravi Shankar Prasad today launched Chunauti Next Generation Start-up Challenge Contest. About Chunauti Next Generation Start-up Challenge To further…

Why in News ? NITI Aayog in partnership with the Institute of Competitiveness released the Export Preparedness Index (EPI) 2020. Aim and Structure To examine export preparedness and performance of…

What is the news ? The Reserve Bank of India (RBI) released the National Strategy for Financial Education 2020-25 a strategic plan for the coming five years. Need and aim…

In News The Centre’s Indradhanush scheme to recapitalise public sector banks (PSBs) based on their performance was not implemented in a manner envisaged, according to a report by the Comptroller…

In News Harvard University’s Center for International Development (CID) conducted a study on growth projections is expected to maintain its lead over the coming decade. Findings of the study India…

India’s biggest tax reform since independence tonight came into force after 17 years of debate, unifying more than a dozen central and state levies. The Goods and Services Tax (GST) System In…

New Package The government cleared a package to resolve the persistent rise in non-performing assets that are plaguing public sector banks and denting credit growth. The package, which includes an…