LATEST ARTICLES

When oil returns to the boiling days…

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The happy days of lower crude prices are seeming to be over for India; at least for the medium term. Crude producing countries are happy at the return of conflict ridden strategic relations in...

What is Central Road and Infrastructure Fund (CRIF)?

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Over the last one and a half decade, the Central Road Fund (CRF) was a major revenue for the government to finance ambitious road projects. The CRF launched in 2000 is basically a cess...

US and China to mute their trade war instincts

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World’s largest economies – the US and China have reached in a solution to withdraw from their trade war endeavor. According to the US side, the two countries have worked out a plan to...

Geopolitics and Trump makes crude producers happy

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After a gap of nearly three and a half years, Brent oil crossed $80/barrel; bringing back celebration time for the OPEC and other oil producers. Prices touched the $80 level back in November 2014.Crude’s...

What is the new Classification of MSMEs?

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How MSMEs are classified?The government has given a new turnover based classification of MSMEs in February 2018. As per this new classification, the MSMEs are categorized in term of business turnover. This is in...

What is Banking Ombudsman Scheme?

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The Banking Ombudsman Scheme was implemented by the RBI to redress the complaints of customers on certain types of banking services provided by banks and to facilitate the settlement of those complaints.The scheme was...

What is Fugitive Economic Offenders Bill 2018?

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The Union Cabinet has approved a Bill – Fugitive Economic Offenders Bill 2018 to bring economic offenders under the law. Main objective of the Bill is to prevent economic offenders evade national laws by...

Government to seize the assets of hit and run defaulters

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After Mallya, Modi, Jatin Mehta etc., created a loot of more than Rs 30000 crores of PSBs and thus tax payer’s money, the Cabinet has formulated a Bill to nab such offenders. The new...

Russia heats up the cold war; says it has untraceable nuclear warhead

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The Russian President Vladimir Putin declared that his country is developing a supersonic anti-ballistic missile system that can’t be traced or intercepted by the NATO’s missile defence technology. In a characteristic belligerent announcement that...

Trump further tightens H1B Visa Policy

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US President Donald Trump is imitating the Indian way to reject something - add paper works. His latest policy on H1B Visas to the professionals seeks numerous paper work on the part of the...