Day: December 15, 2018

Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Sliver- Reg.

open view web desk In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes & Customs, being satisfied that it is necessary and expedient so to do, hereby makes the following amendments […]


Growth Rate of GDP

open view web desk As per the estimates available from Central Statistics Office, the growth of Gross Domestic Product (GDP) at constant market prices was 6.7 percent (Provisional Estimate) in 2017-18. The growth momentum of the economy picked up with the GDP growth increasing to 7.6 per cent […]

Automated Teller Machines penetration

open view web desk As informed by Reserve Bank of India (RBI), no comparable data is available with them regarding India beings among the countries having lowest Automated Teller Machine (ATM) penetration globally. As reported by the Scheduled Commercial Banks (SCBs), Small Finance Banks (SFB), Payment Banks (PBs) […]

Merger of Banks

open view web desk The Banking Companies(Acquisition and Transfer of Undertakings)Acts of 1970 and 1980 provide that the Central Government, in consultation with the Reserve Bank of India (RBI), may make a scheme, inter alia, for the amalgamation of any nationalised bank with any other nationalised bank or any […]

Socially Oriented insurance Schemes

open view web desk The details of the socially oriented insurance schemes which are currently being operated or partially sponsored by the Central Government targeted at vulnerable sections of the society are as follows: Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) were launched on […]