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  • 12-Jul-2018
  • India becomes world's sixth largest economy, muscles past France

    India's GDP amounted to $2.597 trillion at the end of last year, against $2.582 trillion for France.

    India has doubled its GDP within a decade and is expected to power ahead as a key economic engine in Asia, even as China slows down.

    According to the IMF, India is projected to generate growth of 7.4 per cent this year and 7.8 per cent in 2019.

  • 28-Jun-2018
  • Cabinet approves establishment of additional 6.5MMT Strategic Petroleum Reserves at Chandikhol in Odisha and at Padur, Karnataka

    The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved establishment of additional 6.5 Million Metric Tonne (MMT) Strategic Petroleum Reserve (SPR) facilities at two locations, i.e. Chandikhol in Odisha and Padur in Karnataka, including construction of dedicated SPMs (Single Point Mooring) for the two SPRs. The SPR facilities at Chandikhol and Padur will be underground rock caverns and will have capacities of 4 MMT and 2.5 MMT respectively.

  • 27-Jun-2018
  • S Ramesh appointed chairman of CBIC

    Senior bureaucrat S Ramesh has been appointed as chairman of the Central Board of Indirect Taxes and Customs (CBIC), the apex policy-making body for indirect taxes, according to an official order.

  • Anant Barua appointed whole-time member in SEBI

    Anant Barua has been appointed as whole-time member of the Securities and Exchange Board of India (SEBI), according to an official order.

  • 25-Jun-2018
  • Financial Action Task Force to officially grey-list Pakistan

    T he official proceedings to grey-list Pakistan by the Financial Action Task Force (FATF) will begin in Paris on Monday during the plenary meeting of the global money-laundering watchdog.

  • BSE platform to list startups from July 9

    The Bombay Stock Exchange will launch a platform on July 9 to list new-age companies in sectors like IT, ITES, bio-technology and life sciences, 3D printing, space technology and e-commerce in a boost to startups.

  • 20-Jun-2018
  • RBI revises upwards housing loan limits under priority sector

    Housing loans of up to Rs 35 lakh, for dwellings costing less than Rs 45 lakh, will be treated as priority sector lending (PSL) to give a fillip to the low-cost segment by the Reserve Bank.

  • 06-Jun-2018
  • Global Economy Is Healthy But Growth Will Slow: World Bank

    The steadily expanding global economy should remain resilient, at least for a couple of years, the World Bank has stated. 

  • 18-Apr-2018
  • India will grow 7.4% in 2018:IMF

    International Monetary Fund has predicted that India will grow 7.4% in 2018 and 7.8% in 2019 and they ensured that India will bounce back as one of top economies of the world. 

  • 17-Apr-2018
  • World Bank Projects India’s Growth Rate at 7.3% for 2018-19

    The World Bank has projected a growth rate of 7.3% for India this year and 7.5% for 2019 and 2020. 

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