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India plans to raise FDI limit to 100% in insurance, amend key provisions of 1938 Act Credit: Business Line Indian Finance Ministry Proposes Amendments to Insurance Act of 1938 • The Finance Ministry proposes amending the Insurance Act of 1938. • 30 Nov 2024 India drops two places but remains among top 10 climate performers: Report Credit: ccpi.org India's Climate Change Actions Rankings India has ranked 10th on the Climate Change Performance Index (CCPI 2025) which have over 60 countries 30 Nov 2024 European Free Trade Association (EFTA) Credit: Wikipedia India-EFTA Deal: A New Chapter in Trade Agreements The new tripartite Trade and Economic Partnership Agreement sign by India and EFTA. The fou 30 Nov 2024

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Goods and Services Tax (GST) and Council Formation The GST or Goods and Services Tax is a consumption-based value addition for most goods and services available for domestic consumption. This tax paid by consume 30 Nov 2024 ‘GST spurring fresh tax terrorism,’ says former CEA Arvind Subramanian Credit: The Hindu Former Chief Economic Adviser Arvind Subramanian Criticizes GST Arvind Subramanian, former Chief Economic Adviser has expressed dissatisfactio 30 Nov 2024 Stricter adherence to Sa-Dhan guidelines leads to better discipline in microfinance sector Credit: Business Line Microfinance Portfolio Drops in Sa-Dhan The microfinance portfolio of lenders in Sa-Dhan has recently dropped significantly from ₹4.43 lak 30 Nov 2024 Sa-Dhan: Self-Regulatory Organization for Microfinance Institutions Sa-Dhan: Self-Regulatory Organization for Microfinance Institutions is appointed by the Reserve Bank of India (RBI). Primarily aims to promote inclusive impact 30 Nov 2024 Fiscal Deficit Hits 46.5% of FY25BE Credit: The Economic Times The central government's fiscal deficit reached to 46.5% of the annual target, which is 1.5% higher as compared to 45% a year ago. Re 30 Nov 2024

Revenue Expenditure Revenue expenditures are short-term expenses used in the current period or within a year. They cover ongoing operational expenses (OPEX) of running a business. 30 Nov 2024 RBI Accepts Bids for ₹5,000-Crore Green Sovereign Bonds Credit: The Economic Times The Reserve Bank of India (RBI) accepted bids for ₹1,502.01 crore at 6.79%, which clearly shows weak demand for green sovereign bonds 30 Nov 2024

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