President Trump and Indian Prime Minister Narendra Modi would seem to be kindred spirits. But despite a lot of sweet […]
Drought has made life miserable across several Indian states. Drought in 10 states is estimated to impact the economy by […]
Recently the Government of India and the World Bank have signed an US $50 million credit for the Nai Manzil scheme which is a minority education and training scheme. The credit for the scheme will be given by the World Bank’s concessionary lending arm that is the International Development Association (IDA). The help would be in the form of a loan. The loan will carry maturity of 25 years which will include a 5-year grace period as well.
This is a move which RBI and many experts think is aimed at lowering the borrowing costs at a time when lenders are reluctant to do so. Or in technical terms to smooth out the Monetary Policy Transmission in the economy.
to protect the steel industries in India from the lower priced steel imports, the central government has imposed an Anti Dumping Duty on the imported steel ranging from 5 to 57% on import of cold-rolled flat products of stainless steel for five years
The seventh Pay commission has come as huge bonanza for the government employees. The much awaited recommendations has come at […]