Economy News
Legal steps to guard digital payments
The Home Ministry has asked banks and e-wallet firms to furnish details of the extent of financial fraud reported in the past one year as digital transactions picked up after the Union government implemented demonetisation from November 8, 2016 and scrapped old Rs. 500 and Rs. 1,000 notes.
posted by Jawwad Kazi 26th Oct 2017
Centre to aid offshore e-commerce play
The Union government is working on a new policy to expand the footprint of the Indian e-commerce sector to tap potential markets outside the country, including Africa and Southeast Asia.
posted by Jawwad Kazi 26th Oct 2017
Bank Recapitalization
The Union government unveiled an ambitious plan to infuse ₹2.11 lakh crore capital over the next two years into public sector banks (PSBs)
posted by Jawwad Kazi 25th Oct 2017
Bharatmala
The Centre announced a 5.35 lakh crore road construction package, called BharatMala Pariyojana, in a bid to spur the economy as private investment remains moribund.
posted by Jawwad Kazi 25th Oct 2017
All major ports to get LDB services: official sources
The Logistics Data Bank’s (LDB) services will soon be extended to all major ports in India.
posted by Jawwad Kazi 21st Oct 2017