Economics News

PLI Scheme

Finance Minister Nirmala Sitharaman hinted on Thursday, and said the government is open to introducing a production-linked incentive (PLI) scheme for investments in the chemicals and petrochemicals sectors.

posted by 28th Jul 2023

NEW ACCOUNT SETTLEMENT SYSTEM

The new account settlement mechanism for the stock brokerage business will go into effect on October 1.

posted by V.P.Nimbalkar 23rd Sep 2022

Tourism Development

The Government of India recently presented an ambitious strategy for the tourist industry, with long-term income goals of $1 trillion by 2047, when the nation turns 100, and recovery to pre-pandemic levels by 2024, a $250 billion contribution to GDP by 2030, and a global leader by 2047

posted by V.P.Nimbalkar 21st Sep 2022

Essential Medicines

During the introduction of the National Lists of Essential Medicines (NLEM) 2022, Dr. Mansukh Mandaviya, Union Minister for Health and Family Welfare, spoke about the significance of NLEM

posted by V.P.Nimbalkar 14th Sep 2022

RBI rate Increase

The Reserve Bank of India's Monetary Policy Committee (MPC) raised the policy repo rate by 50 bps to 5.4%.

posted by V.P.Nimbalkar 6th Aug 2022