Why in News ? Union Minister of Finance & Corporate Affairs inaugurated Doorstep Banking Services by PSBs and participated in the awards ceremony to felicitate best performing banks on EASE…

Why in News ? The Reserve Bank of India released revised priority sector lending (PSL) guidelines to augment funding for COVID-19 impacted companies. Revised Priority Sector Lending Guidelines To align…

Why in News ? MEIS benefits Capping affect traders. The government’s decision to cap export incentives under MEIS scheme at Rs. 2 crore per exporter on outbound shipments made during…

Why in News ? Solicitor General appearing for the Union government and the Reserve Bank of India, informed the Supreme Court that the Loan moratorium is extendable to two years.…

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…