DPIIT seeks feedback on Draft National Retail Trade Policy Department for Promotion of Industry and Internal Trade (DPIIT), under Ministry of Commerce and Industry has invited views on Draft National Retail Trade Policy from 16 departments ans ministries. The policy aims to create a competitive and sustainable environment for the growth of retail trade sector […]
2022 in Nine Charts : A look at the numbers by World Bank World Bank has recently published a review of global economy for year 2022 which has been a year of uncertainty in article “2022 in Nine Charts”. It indicates that the world is facing steepest economic slowdown since 1970. Nine charts of concerns […]
Surety Bond Insurance launched for Infrastructure Projects Union Minister for Road, Transport and Highway, Nitin Gadkari launched India’s first ever surety bond insurance product which will reduce the dependence of infra developer on bank guarantee and help in realising $5 trillion economy target by 2025. What is Surety Bond Insurance Surety Bond Insurance is a […]
Union Govt notifies six insurance regulations of IRDAI The insurance sector in India is a rapidly growing industry, with many domestic and internationals companies offering a wide range of insurance products. With the aim to further boost the insurance penetration in India from 4.2% to world average 6.3%, Government of India notifies new rules. Six […]
EU Adopts 15% Global Minimum Tax on Big Business European Union has recently approves 15% Global Minimum Tax under Inclusive Framework on Base Erosion and Profit Sharing (BEPS) of Organisation for Economic Cooperation and Development (OECD) and G20. Under this, two pillar solution framework has been adopted to address tax challenges arising from the digitalisation […]