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Nirmala Sitharaman 34th in Forbes 2019 World’s 100 Most Powerful Women List
The Union Finance Minister of India, Nirmala Sitharaman has been ranked 34th in the Forbes Top 100 Most Powerful Women in the World list. Nirmala Sitharaman also served as the Defence Minister of India from 3rd September 2017 to 30th ..
Finance Minister presents First Supplementary Demand of Grants
The Union Minister of Finance and Corporate Affairs, Nirmala Sitharaman on Thursday, 28 November 2019 sought Parliament’s approval for capital infusion as a part of the first supplementary demand of grants for Rs 21,246.16 crore which will include: 1)About Rs, ..
Panel to revive GST Collections
The GST collection in September 2019, dropped sharply to a 19-month low. This reflects the widening slowdown of the economy. The tax collections were Rs 91,916 crore in September. This was 2.67% less as compared to September 2018. GST Collection ..
Month: Current Affairs - October, 2019
Panel to review regulations of cooperative banks
The Union Finance Minister on 10th October, 2019 announced that a high level committee will be formed to look into the regulations that govern multi state cooperative banks. RBI imposed banking restrictions on PMC bank in September. This has left ..
Month: Current Affairs - October, 2019
Short Note : Economic Survey of India
The Economic Survey of India will be tabled in the Parliament today by the Chief Economic Advisor to the Government of India, Krishnamurthy Subramanian. Dr. Subramanian is a former associate professor at the Indian School of Business and one of ..
G20 express concern over risks from intensified trade conflict
The G20 meeting of Finance Ministers and Central Bank governors has expressed concerns that trade and geopolitical tensions have intensified raising risks for improving global growth. The meet stopped short of calling for a resolution of a deepening U.S.-China trade ..
Interim Budget 2019: Highlights
The highlights of the Interim Budget 2019 presented by the Finance Minister are listed below: 6,000 rupees yearly direct support to farmers through PM-KISAN Programme. Pension of 3,000 rupees for unorganised sector workers earning up to 15,000 rupees through a ..
Month: Current Affairs - February, 2019
Indian-origin politician Pravin Gordhan becomes South Africa's Finance Minister
An Indian-origin politician, Pravin Gordhan has been appointed as South Africa’s new Finance Minister. With this he becomes country’s third Finance Minister in a week. He replaces David van Rooyen who was appointed on 10 November 2015. Earlier President Jacob ..