India’s Pace of Growth Likely to Accelerate in 2018-19: RBI Guv

India’s Pace of Growth Likely to Accelerate in 2018-19: RBI Guv The Indian economy gave a resilient performance in 2017-18 and the country’s growth is expected to accelerate next fiscal, RBI Governor Urjit Patel has said. “Several factors are expected to help accelerate the pace of growth in 2018-19,” Patel said at IMF Committee meet […]

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Sebi proposed as regulator for spot commodity exchanges for gold, metals

Sebi proposed as regulator for spot commodity exchanges for gold, metals Govt agreeable in principle to this suggestion, though Sebi itself is not Spot commodity exchanges for gold, metals and even energy products like natural gas could see the light of day under the Securities and Exchange Board of India (Sebi) as the regulator. This […]

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FinMin examining issues in converting GSTN to govt Firm

FinMin examining issues in converting GSTN to govt Firm The Finance Ministry is examining various issues including overhaul of procurement procedures and the salary structure of employees as part of the proposal to convert GST Network (GSTN) into a government company.These two issues, along with other transitional and operational nuances, would be placed before the […]

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Biometric Check Mulled for Stock Trading via Apps

Biometric Check Mulled for Stock Trading via Apps Securities and Exchange Board of India (Sebi) has proposed biometric authentication for traders and investors when they access mobile applications to buy and sell stocks. Aimed at improving cyber security, this is part of a long list of recommended dos and don’ts compiled by the markets regulator […]

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Social Security Plan Gets PMO Nod, Rollout Likely in 3 Phases

Social Security Plan Gets PMO Nod, Rollout Likely in 3 Phases Workers will be classified into four categories with the poorest being the first beneficiaries The Prime Minister’s Office (PMO) has given its approval to the labour ministry proposal on universal social security cover for 500 million workers, including those in the farm sector, seeking […]

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Govt to Assess Viability of Employees Pension Scheme

Govt to Assess Viability of Employees Pension Scheme The labour ministry looks to appoint an actuary to assess if the Employees’ Pension Scheme (EPS) is sustainable over a long term. The EPS, 1995 is one of the three schemes meant for old-age social security of employees run by the Employees’ Provident Fund Organisation (EPFO). The […]

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Investment Reviving, Growth to Speed Up in FY19: RBI Guv

Investment Reviving, Growth to Speed Up in FY19: RBI Guv Clearer signs that revival in investment activity will be sustained, Patel says at IMFC meeting The Indian economy gave a resilient performance in 2017-18 and the country’s growth is expected to accelerate in the current fiscal, RBI governor Urjit Patel has said. Although the real […]

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