Asian Development Bank
Asian Development Bank (ADB) is moving into financing metro rail projects in the country in a big way.
Iraq remains India’s top oil supplier
Meeting more than a fifth of the country’s oil needs in 2018-19 fiscal year, Iraq has, for the second year in a row, become India’s top crude oil supplier.
MoU for sharing data to prevent anomalies
The Income Tax Department and the Goods and Services Tax Network (GSTN) are all set to sign an MoU that will allow the two to match their data regarding company financials so as to pin down any anomalies.
Core sector growth
The eight infrastructure sectors that constitute 40.27% of the index of industrial production (IIP) recovered to post a growth rate of 4.7% in March.
India-China pharma meet
A high-level delegation from India will be sent to China next month for the first meeting of the working group on pharmaceuticals with China.
India notifies pact with US to check tax evasion by MNCs
India has notified the inter-governmental agreement with the United States for exchange of country-by-country (CbC) reports.
Jan Dhan Data
Over the last three years, the number of Jan Dhan beneficiaries has risen from 22 crore to 35 crore, as of April 10, 2019.
RBI’s disclosure policy
Supreme Court gives RBI ‘last chance’ to alter disclosure policy.
Share of tech patents on the rise in IP filings
As per a National Association of Software and Services Companies report, the share of technology patents has consistently increased to 64.8% in 2017-18 from 51% in 2015.
RBI Ombudsman
As per the recent RBI data, the banking ombudsman received 24.9% more customer complaints in FY18 over the previous year.