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PMGKAY - is the expansion of the free grain program a fiscal constraint or a welfare decision - (A)

The union cabinet approved on March 26 a six-month extension (of 1 in addition to his normal quota of food grains under the National Food Safety Act (NFSA)) to Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY). The PDG press release further stated that the government will spend Rs 80,000 crore on 24.4 million tonnes (t) …

UANs of EPFO and informal sector workers could become interoperable - (A)

The Employees Provident Fund Organization (EPFO) Universal Account Number (UAN) and the new informal sector workers database are expected to be interoperable to provide a transparent backbone for universal social security coverage in the broader labor market. “One registry and one UAN should be enough for all workers in the labor ecosystem,” a senior government …

Four key financial matters from may - (A)

Loan interest rates are expected to rise and bank rates are expected to change in May. Investment funds will adopt the swing pricing mechanism and management companies will have to start investing more in their own devices. These are the main regulatory and operational changes that are expected to start in May. Home because loan …

State and private utilities get coal import target by end of June amid energy crisis - (A)

India has asked utilities and private companies to ensure the delivery of 19 million tonnes of coal from abroad by the end of June, according to a letter from the Ministry of Energy, reflecting the urgency of securing supplies in a costly market in amidst ever-increasing blackouts. The move, which is the first time the …

Goods exports fall to $38bn in April, trade deficit widens to $20 bn - (1)

According to preliminary data released by the Commerce Department on January 1. However, imports did not fall by the same magnitude, totaling $58.26 billion compared to $60.74 billion in March. Thus, the goods trade deficit widened from US$18.51 billion to US$20.07 billion during the period. On an annual basis, export and import growth remained strong. …

Price stability is key to growth, says RBI Money and Finance Report - (A)

On April 29 ReseOn April 29 Reserve Bank of India (RBI) report said price stability is a necessary condition for strong and sustainable growth, along with a seven-point reform plan. The focus on price stability is important given that shortly thereafter the Monetary Policy Committee (MPC) highlighted the threats of high inflation in the economy …

Guide to start investing for beginners - (A)

If you want to start investing in the stock market, a good understanding of stocks and shares is essential. Regular investments, in addition to avoiding financial risks, can help you save a significant amount of money over a longer period of time. Here are some tips that can help beginners save money for the future. …

India's Crypto Law may not be ready until May, Sources Says - (A)

In what can be a major disappointment to the Indian crypto community, a law to regulate cryptocurrencies is unlikely to be put in place until at least after next April, several people familiar with the matter told CoinDesk. The law is still under construction. While the bill titled “The Official Cryptocurrency and Digital Currency Regulation …

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