What is Government Securities? G-secs, or government securities or government bonds, are instruments that governments use to borrow money. Governments routinely keep running into deficits — that is, they spend more than they earn via taxes. That is why they …
What is PMI? Purchasing Managers’ Index is an economic indicator which indicates the business activity & economic health of both the manufacturing and service sectors. PMI of India is published by Japanese firm Nikkei but compiled and constructed by IHS …
About Foreign Contribution (Regulation) Act, (FCRA), 2010 The FCRA 2010 regulates the acceptance and utilisation of foreign contribution by individuals, associations and companies. Foreign contribution is the donation or transfer of any currency, security or article (of beyond a specified …
Context The Goods and Services Tax (GST) Council held its meeting recently. What are the goods and services whose rates have been increased? Based on recommendations made by a Group of Ministers (GoM) led by Karnataka Chief Minister Basavaraj Bommai, …
What is PMI? Purchasing Managers’ Index is an economic indicator which indicates the business activity & economic health of both the manufacturing and service sectors. PMI of India is published by Japanese firm Nikkei but compiled and constructed by IHS …
About External debt External debt is the portion of a country’s debt that is borrowed from foreign lenders through commercial banks, governments, or international financial institutions. If a country cannot repay its external debt, it faces a debt crisis.If a …
About the Scheme In 2020, the Ministry of Food Processing Industries launched the PM Formalisation of Micro food processing Enterprises Scheme (PM FME Scheme) for providing financial, technical and business support for upgradation of existing micro food processing enterprises. With …
About ICI The monthly Index of Eight Core Industries (ICI) is a production volume index. The objective of the ICI is to provide an advance indication on production performance of industries of ‘core’ nature. These industries are likely to impact …
About GST Council Goods & Services Tax Council is a constitutional body under Article 279A of the amended Constitution, for making recommendations to the Union and State Government on issues related to Goods and Service Tax. The Council was introduced …
What’s in the news? Indian Staffing Federation (ISF), an apex body of organised staffing companies in the country, said that the Centre has to implement the labour codes one by one, section-wise or in a phased manner for the overall …