In its latest Monetary Policy, the Reserve Bank of India (RBI) slashed repo rate by 25 basis points to 6.25 from 6.5 per cent. The reverse repo rate stands adjusted to 6.0 per cent, and the marginal standing facility rate and the bank rate has been kept 6.5 per cent. The new announcement has potential to reduce interest rates on loans.

The Modi government is planning to merge Punjab National Bank (PNB), Oriental Bank of Commerce (OBC) and Punjab & Sind Bank (P&SB) in order to create giant PSU lender in India.

E-commerce in India is all set to for a massive makeover from February 1 that is likely to put Flipkart and Amazon under high pressure to sustain in the market. As per new rules, foreign e-commerce players will not be able to provide massive discounts to the customers in India, also would not be able to sell their own brands through their respective platform.

In an attempt to increase vote bank count in favour of BJP in the upcoming election 2019, nterim Finance Minister Piyush Goyal announced a mega pension scheme for the workers in the unorganised sector. While Pradhan Mantri Shram Yogi Mandhan will provide assured monthly pension of Rs 3000, there is also huge gift for maids, plumbers, drivers and others in the specific sector.

Union budget 2019 has unfolded huge gifts for poor people in India. Finance Minister Piyush Goyal on Friday announced a guaranteed income scheme for farmers. Accordingly, a new income scheme, Pradhan Mantri Kisan Samman (PM Kisan) has been proposed in support to farmers.

Along with Union Budget, the Railway Budget 2019 has been presented today. With set record of Rs 1.58 lakh crore as planned expenditure, the Indian Railways achieves a safe year. To add more, Vande Bharat Express is in focus. Union Finance and Railway Minister Piyush Goyal’s Railway Budget 2019 had points to cheer for railway passengers. Train 18, now Vande Bharat Express, will offer world-class travel experience to passengers in the coming years.

The first session of Interim Budget 2019-20 is likely to end with happy notes. The content present by FM Goyel aims at benefitting three major segments of the population including farmers, informal workers, and salaried taxpayers, with introduction of income support scheme for farmers, insurance scheme for informal sector workers and tax rebate for salaried workers.

Its interim budget 2019 and there is much more to talk about. The government today has announced offering to flatter farmers. Finance Minister Piyush Goyal announced that the Modi government will provide assured income support for small and marginal farmers under the Pradhan Mantri Kisan Samman Nidhi scheme.

In the union budget session day 1, held on February 1 in Parliament, Finance Minsiter Piyush Goal has announced proposal for mega pension scheme for farmers. The scheme will assure a monthly pension of Rs. 3000 on retirement of workers who have monthly income below ₹15,000, after 60 years of age.

Good news for middle income tax payers. Prime Minister Narendra Modi and Finance Minister Piyush Goyal's mission of bringing a revolutionary change in India by 2030 seems to be taking a true path. Mr. Goyal, today in union budget 2019, has doubled income tax exemption limit to Rs 5 lakh.