Finance Minister Nirmala Sitharaman has launched doorstep banking services by public sector banks. The services will be rendered by doorstep banking agents deployed by selected service providers at 100 centres across the country. This is part of EASE — Enhanced Access and Service Excellence — reforms that Department of Financial Services undertook in 2018. … [Read more...] about Big Story | FM launches doorstep banking facility; how will this move benefit customers?
There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine. … [Read more...] about Centre postpones 42nd GST Council meet to October 5
The government launched the MSME loan scheme as part of the COVID-19 economic package. As per this, MSMEs can borrow up to 20 percent of their outstanding loan amount as on February 29. State-run banks have been aggressively pushing the scheme from the beginning while private banks joined later. … [Read more...] about Private sector banks catch up with PSBs on MSME loan scheme
Gogoi’s comparison with Mishra is inevitable. He had headed the five-member Constitution bench that delivered the momentous and unanimous judgment deciding the 70-year-old litigation of the disputed Babri Masjid land in Ayodhya in favour of Hindus. Justice Gogoi also headed the bench, which put SC’s stamp of approval on the Rafale fighter jet deal between India and France. It would be instructive to remember that Rafale was pretty much in the headlines then and the apex court observations did much to douse the fire that surrounded the purchase of the jet fighters. … [Read more...] about Former CJI Gogoi’s Rajya Sabha nomination is not the first and won’t be the last
In the last GST Council meeting, Centre had placed two options before the states to meet the GST revenue shortfall which was pegged at Rs 2.3 lakh crore. While a few states have agreed on the Centre's options, others have rejected both the options. The seven-day deadline given to states ends on September 8 and the council is likely to meet this week. … [Read more...] about Big Story | GST compensation impasse continues; Council likely to meet this week