Economy News
E-waybill likely from April 1
A group of state finance ministers (GoM) proposed e-way bill system for inter-statemovement of goods over Rs 50,000 in value and 10 km in distance will be rolled out from April 1.
posted by Jawwad Kazi 25th Feb 2018
RBI launches Ombudsman scheme for NBFCs
In order to strengthen the redressal mechanism, the Reserve Bank of India (RBI) launched the Ombudsman Scheme for non-banking financial companies (NBSFCs).
posted by Jawwad Kazi 24th Feb 2018
Global Virome Project is hunting for more than 1 million unknown viruses
The global Virome project has recently been created wwhich aims to identify more than 1 million unknown viruses and it also aims to prevent the next human pandemic.
posted by Jawwad Kazi 23rd Feb 2018
ONGC to boost output
In response to a government push to increase local supplies and cut expensive imports, Oil and Natural Gas Corp. is set to boost output from domestic oil fields.
posted by Jawwad Kazi 22nd Feb 2018
Inflation could spur shift in stance
Monetary Policy Committee (MPC) of RBI is likely shift from its current ‘neutral’ policy stance to a ‘withdrawal of accommodation’ stance if headline inflation projection for the year ahead remained well above the target.
posted by Jawwad Kazi 22nd Feb 2018