S. KOREA TO INCREASE FINANCIAL SUPPORT FOR GREEN PROJECTS TO 13%

Highlights –

• S. Korea to increase financial support for green projects to 13%.
• S. Korea is planning to review the establishment of a climate response fund this year.
• S. Korea aims to achieve the goal of going carbon neutral by 2050.

FINANCE MINISTRY OF S. KOREA TO REMOVE TARIFF ON FEW IMPORTED GRAINS

Highlights –

• Finance Ministry of S. Korea to remove tariff on few imported grains.
• S. Korea will import edible corm and some grains without tariff until the end of the year.
• The country currently levies a 3 percent tariff duty on impo...

SOUTH KOREA’S ECONOMY FAST-TRACKS ON BACK OF IMPROVING EXPORTS

• The South Korean economy is witnessing its long-awaited recovery on improving exports, the finance minister said Wednesday.
• Finance Minister Hong Nam-ki also promised the government's efforts to continue to sustain an economic recovery into the fourth quarter and next year....

SMALL BUSINESSES TO BENEFIT FROM GST COUNCIL’S DECISION TO SLASH INTEREST RATES

Highlights

• Finance Minister Nirmala Sitharaman said those businesses that haven’t  filed returns for the month of February, March and April won’t be liable for any interest till July 6

• After July 6, all the small businesses will have to pay inter...

INDIAN FINANCE MINISTER ANNOUNCES RS 3 LAKH CRORE COLLATERAL FREE LOANS FOR MSMEs

Highlights

• Indian Prime Minister Narendra Modi made an announcement of stimulus package worth Rs 20 lakh crore

• Finance Minister Nirmala Sitharaman gave a break up of the package announced by the PM

• Income tax filing date has been extended to Nove...

Yes BANK MORATORIUM TO BE LOFTED SOON: ICICI, HDFC, AXIS & SBI TO INVEST

Highlights: 

• Cabinet approves RBI suggested reconstruction scheme for Yes Bank
• Moratorium might be lifted soon

Yes bank customers cam heave a sigh of relief as the moratorium on Yes bank is expected to be lifted very soon. The &...

THE UNION BUDGET 2020-21: HITS THAT WILL COUNT

Highlights

• It makes room for short, middle and long term developments
• Aims a boosting people’s incomes and enhancing their purchasing power
• Wants to encourage businesses to be “innovative, healthy and solvent with use of techno...

The rise of market movers

Describe the economy and the economic conditions with the week statistical economical data which has been derived from various is HSN investors the market of India is not said to have a very high growth with the high increase in the sales department and when it comes to the economy which is facin...

Five state-owned Indian companies to buy stakes from the Government

As a part of the current Indian government’s privatization plan, to generate revenues and win invite foreign investors to the country, five state-owned companies to buy stakes from the government.

The finance minister of India, Miss Nirmala Sitharaman, announced that the governmen...

Finance in abyss following banks going fraudulent

The finances of the Indian market are in abyss and the banking aspect of the finance sector is getting worse day by day as frauds in banks become more common from huge names taking loans and running away to bank officials getting greedy for people’s money.

Due to these issues and ...