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Loan mela effect: PSU banks’ disbursals soar to Rs 2.5 lakh crore in October outreach

The outreach was meant to boost economic growth in the wake of a slowdown induced by lack of demand. Read more »
antitrust law, big tech, digital

Union cabinet okays Patent Prosecution Highway programme

The India Patent Office will initiate the programme with Japan Patent Office on a pilot basis for three years. Read more »
Impact of global minimum tax on India

GST compensation: State FMs seek early release of funds

Finance ministers of Delhi, Kerala, West Bengal, Punjab and Rajasthan say delay in payment has stalled state governments' activities. Read more »
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Govt boosts PSU banks’ capital base by Rs 60,314 crore

Modi government had made a provision of Rs 70,000 crore in the Budget for 2019-20. Read more »
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Govt may grant one-year extension to Finance Commission

The deadline for submitting the report was earlier extended from October 31 to November 30. Read more »
Indian economy

Banks may not charge you for NEFT transactions from January

The Reserve Bank of India has proposed several steps to improve the digital payment experience. Read more »
CPIU inflation soars, IIP shrinks

India to import onions after prices touch Rs 100; steps taken to boost procurement

Govt eases tender norms to speed up imports, MMTC asked to import from Dubai Read more »
Indian economy

SBI cuts interest rates by 5 basis point after RBI cut

The government and the Reserve Bank of India have been prodding banks to cut lending rates. Read more »
privacy, CoWIN data

GeM, Central Bank of India ink pact for payment services

The online marketplace has already signed agreements with 18 public and private sector banks. Read more »
Income tax raids across India

GST update: Govt communication on indirect taxes without this number invalid

The new system is expected to bring in transparency and accountability through the use of technology. Read more »