State Bank of India (SBI) has cut its Marginal Cost of Funds based Lending Rate (MCLR) by 15 basis points (bps) across all tenors. It also reduced interest rates on retail term deposits (below ₹2 crore) by 20 bps for a tenor of up to three years. As a measure to safeguard the interests of ...

Union Minister for Finance & Corporate Affairs has launched INR-USD Futures and Options contracts on the two International Exchanges, viz BSE’s India INX and NSE’s NSE-IFSC, at GIFT International Financial Services Centre at Gandhinagar today through video conference. The launch of INR-USD ...

Bamboo is vital to India's Post- COVID economy and will provide an opportunity for India to emerge as an economic power with the support of its Bamboo resources. The Minister discussed India's Post-COVID economy which will provide an opportunity for India to emerge as an economic power with the ...

A report by the Asia-Pacific Economic Cooperation (APEC) Secretariat stated that the Asia-Pacific Economic Cooperation (APEC) region has been expected to post an economic decline by 2.7 percent in 2020 because of the Coronavirus pandemic. Daily Current Affairs Quiz 2020 Key-Points The ...

Around $1 trillion of debt owed by developing countries would be cancelled under a global deal proposed by the United Nations Conference on Trade and Development (UNCTAD) to help them overcome the impact of the coronavirus pandemic. Daily Current Affairs Quiz 2020 Key-Points UNCTAD report ...

In an Order today, clause 14(v) of the consolidated revised guidelines, relating to E-commerce companies has been excluded. In this regard it is again clarified that while operations of e-commerce companies for non-essential goods stands prohibited, however they will continue to operate for ...

According to a new study by the International Institute for Sustainable Development (IISD) and the Council on Energy, Environment, and Water (CEEW), India's renewable energy subsidies fell 35% between 2016-17 and 2018-19. Daily Current Affairs Quiz 2020 Key-Points The report was titled ...

Around $1 trillion of debt owed by developing countries would be cancelled under a global deal proposed by the United Nations Conference on Trade and Development (UNCTAD) to help them overcome the impact of the coronavirus pandemic. Daily Current Affairs Quiz 2020 Key-Points UNCTAD report ...

The Economic Advisory Council of the Fifteenth Finance Commission will meet on 23-24 April, 2020. Daily Current Affairs Quiz 2020 Key-Points The Members of the Advisory Council discussed the impact of the COVID-19 pandemic and the national lockdown on the Indian economy. The officials ...

Central Board of Direct Taxes reported that the Income tax refunds to over eight lakh small businesses worth over five thousand 204 crore rupees have been issued in the last ten days. Daily Current Affairs Quiz 2020 Key-Points Income tax refunds will help MSME to carry on their business ...