Government launches first tranche of Sovereign gold bonds for FY19

The Union Government (Finance Ministry) in consultation withReserve Bank of India (RBI) has launched first tranche of sovereign gold bonds (SGBs) for current fiscal (FY 2018-19). It will be sold through banks, designated post offices and recognised stock exchanges namely NSE and BSE and Stock Holding Corporation of India Limited (SHCIL). Background Households in India Read More…

FIEO GlobalLinker: Government launches digital platform for MSME Exporters

Ministry of Commerce and Industry has launched FIEO GlobalLinker, a digital platform for MSME exporters to digitise their businesses and join global community of growing businesses. It has been developed by Federation of Indian Export Organisations (FIEO).  Key Facts FIEO GlobalLinker aims to make the business growth of SMEs simpler, more profitable and enjoyable. It Read More…

India will grow at 7.3% in 2018: World Bank Report

The World Bank in its twice-a-year South Asia Economic Focus report has projected growth rate of 7.3% for India in 2018 and 7.5% for 2019 and 2020. The growth is expected to accelerate from 6.7% in 2017 to 7.3% in 2018 and to subsequently stabilise supported by sustained recovery in private investment and private consumption. Read More…

Meghalaya Landscapes Management Project: $48 million Loan agreement inked with World Bank

The Union Government (Finance Ministry) has signed Loan Agreement with World Bank for IBRD loan of US $48 million for Meghalaya Community – Led Landscapes Management Project (MCLLMP) The project aims to strengthen community-led landscapes management in selected landscapes in Meghalaya by 2023. Key Facts Meghalaya’s natural resource such as land, water sources and forests Read More…

TRAI launches beta portal for comparing telcos’ tariffs

Telecom Regulatory Authority of India (TRAI) has unveiled beta version of portal (www.tariff.trai.gov.in) to enable consumers see tariffs of different TSPs (telecom service providers) and different Licensed Service Areas (LSAs) at single place. The first of its kind platform to be backed by the government aims to bring on one platform telecom tariffs offered by Read More…