AIR spotlight summary: Anti Profiteering Authority for GST

AIR spotlight summary: Anti Profiteering Authority for GST   Context: Union Cabinet has approved creation of National Anti-profiteering Authority (NAA) under GST, to ensure benefits of reduction in indirect tax rates are passed on to consumers. The constitution of NAA will bolster the confidence of consumer as they reap the benefits of recent reduction in …

Insights into Editorial: Timely recognition: on the Moody’s upgrade

  Insights into Editorial: Timely recognition: on the Moody’s upgrade Context: US-based International rating agency Moody’s Investors Service has upgraded India’s sovereign credit rating by a notch to ‘Baa2’ with a stable outlook citing improved growth prospects driven by economic and institutional reforms. Moody’s has revised the sovereign rating of India after a long gap …

All India Radio News Summary: 18 NOVEMBER 2017

All India Radio News Summary: 18 NOVEMBER 2017   Moody’s Investors Service upgrades ratings of nine Public Sector Undertakings including ONGC, BPCL and NHAI from positive to stable In step with India’s rating upgrade, Moody’s Investors Service has upgraded ratings of nine state-owned firms. These are Bharat Petroleum Corp Ltd (BPCL), Hindustan Petroleum Corp Ltd (HPCL), Indian …

All India Radio News Summary: 17 NOVEMBER 2017

All India Radio News Summary: 17 NOVEMBER 2017 Union Cabinet has approved creation of National Anti-profiteering Authority (NAA) under GST Union Cabinet has approved creation of National Anti-profiteering Authority (NAA) under GST, to ensure benefits of reduction in indirect tax rates are passed on to consumers. The authority will comprise a standing committee, screening committee …