Economy News
Government cuts rates on small savings instruments
The Centre has sharply slashed the rates on all small savings instruments for the first quarter of 2021-22.
posted by Jawwad Kazi 1st Apr 2021
Move health to Concurrent list: N.K. Singh
The Fifteenth Finance Commission Chairman N.K. Singh said that 'Health' should be shifted to the Concurrent list under the Constitution.
posted by Jawwad Kazi 27th Mar 2021
Centre to infuse funds into banks under PCA
The Finance Ministry is likely to decide on infusion of ₹14,500 crore mainly in banks that are under the RBI’s prompt corrective action (PCA) framework.
posted by Jawwad Kazi 13th Mar 2021
Government asks refiners to diversify oil imports
As per the government sources, India has asked state refiners to speed up diversification of oil imports to gradually cut their dependence on West Asian suppliers.
posted by Jawwad Kazi 10th Mar 2021
Government open to explore cryptocurrencies
The Union Minister of state for Finance said the government is open to evaluate and explore new technologies, including cryptocurrencies.
posted by Jawwad Kazi 7th Mar 2021