Economy News

Digital Currency

The Reserve Bank of India is planning to launch pilot projects to assess the feasibility of using digital currency to make wholesale and retail payments, thereby calibrating its strategy for introducing a full-scale central bank digital currency (CBDC).

posted by Jawwad Kazi 16th Jul 2021

Retrospective Taxation

Recently, the Taxation Laws (Amendment) Bill, 2021 was introduced in Lok Sabha.

posted by Jawwad Kazi 8th Jul 2021

RBI to pay ₹99,122 cr. surplus to Centre

The Reserve Bank of India’s board approved surplus transfer to the government.

posted by Jawwad Kazi 22nd May 2021

FDI in Insurance

The new rules for Insurance promoter are notified under the Insurance Act.

posted by Jawwad Kazi 22nd May 2021

US backs waiver on vaccine patents

The US President announced support for waiving intellectual property protection for Covid-19 vaccines.

posted by Jawwad Kazi 7th May 2021