Updates

As a part of the demerger splitting ITC Hotels into an individual entity, ITC has allotted 125.11 Crores equity shares of ₹1 each to its shareholders, post a board meeting held on 11th January 2025. Consequently, ITC Hotels now ceases to be a subsidiary of the Company. The long-awaited demerger of Kolkata-based diversified conglomerate ITC’s […]

Niti Aayog is exploring ways to realign the balance between the very deep government debt market and the corporate debt market, a top official said on Friday. The government think tank will also examine the possible impact of any moves which may be aimed at deepening the corporate debt market, its vice chairman Suman Bery

According a recent report by a credit information bureau CRIF High Mark, delinquencies in microfinance sector saw a notable rise, despite overall decline in Non-Performing Assets (NPAs) of the banking sector in India India’s microfinance sector is experiencing a notable rise in delinquencies, particularly in the top ten states, despite the banking sector’s celebration of

The report also highlighted significant improvements in rural and urban poverty levels over the years, supported by data from the government’s Consumption Expenditure Survey. Recently Prime Minister Narendra Modi had also said that over 23 crore people have come out of poverty in last 10 years. In 2024, India’s poverty rate has fallen below 5%,

The Central Board of Indirect Taxes and Customs (CBIC) has extended the deadline for filing of Form GSTR-3B under Goods and Services Tax for December 2024 to January 22, 2025 The government on Friday extended the deadline for filing monthly GST sales return form GSTR-1 and GST payment by 2 days after taxpayers reported technical

Future of Jobs Report 2025 has been released by the World Economic Forum (WEF) It was published by the World Economic Forum (WEF). It is a result of data gathered from more than 1,000 leading global companies, collectively representing over 14 million workers across 22 industry sectors and 55 economies from across the world. Highlights: Job disruption will equate to

Union Home Minister and Minister of Cooperation, Shri Amit Shah, today inaugurated the BHARATPOL portal developed by the Central Bureau of Investigation (CBI) at Bharat Mandapam in New Delhi today. Shri Amit Shah also presented police medals to 35 award-winning CBI officers, who were honored with the President’s Police Medal for Distinguished Service and the

Open Network for Digital Commerce (ONDC), a public online network for merchants and customers, allows e-commerce platforms to interconnect and interoperate. The Open Network for Digital Commerce (ONDC) is a transformative initiative by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce, Government of India aimed at democratizing digital commerce. Launched in April 2022,

The Amendment has provided legal backing in the FTP to make it necessary to do consultation with stakeholders including importers/exporters/industry experts concerning the formulation or amendment of the FTP. The Directorate General of Foreign Trade (DGFT) on Thursday notified amendment in the Foreign Trade Policy, 2023 to include Para 1.07A and 1.07B  to bring legal

New Delhi, Jan 2 (PTI) The government on Thursday said it has constituted an 18-member working group, under the chairmanship of NITI Aayog Member Ramesh Chand, to revise the Wholesale Price Index (WPI) base year from 2011-12 to 2022-23. The revision of the base year helps in presenting a more realistic picture of the price