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Current Affairs Business & Economy

GoI, ADB sign $926 Million Loan Agreement for Mumbai Metro Rail Project
GoI, ADB sign $926 Million Loan Agreement for Mumbai Metro Rail Project
The Government of India (GoI) and Asian Development Bank (ADB) have signed a $926 Million Loan Agreement to operationalize 2 lines for the Mumbai Metro Rail....

Published On : 02 Mar 2019

Center Govt Hikes MSP of Sugar by Rs.2 per Kg
Center Govt Hikes MSP of Sugar by Rs.2 per Kg
The Center Government hikes the Minimum Selling Price of Sugar by Rs.2 per Kg to Rs.31 per Kg. Briefing Reporters in New Delhi ye....

Published On : 15 Feb 2019

Digital Payment Transactions in India jump to 244 crores in August 2018
Digital Payment Transactions in India jump to 244 crores in August 2018
The number of digital payment transactions in India touched 244.81 crores in August 2018, more than three-fold rise from October 2016, underlining the massive adoption of digital payment mod....

Published On : 10 Nov 2018

Center Govt approves India-Morocco Agreement on Mutual Legal Assistance in Civil and Commercial Matters
Center Govt approves India-Morocco Agreement on Mutual Legal Assistance in Civil and Commercial Matters
1. The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the Agreement between India and Morocco on Mutual Legal Assistance in Civil and Commercial Matters. Ser....

Published On : 08 Nov 2018

India and Japan signed a loan agreement of Rs. 1817 crore
India and Japan signed a loan agreement of Rs. 1817 crore
A Loan Agreement was signed here today between Shri C.S. Mohapatra and Mr. Katsuo Matsumoto on Japanese Official Development Assistance loan for the construction of Turga Pumped Storage (I) ....

Published On : 03 Nov 2018

Indian Govt set anti-dumping duty on few steel products from China
Indian Govt set anti-dumping duty on few steel products from China
India has imposed anti-dumping duties of up to 185.51 US dollars per tonne for five years on certain varieties of Chinese steel to protect the interest of the domestic players. An ....

Published On : 19 Oct 2018

India ranked 58th in World Economic Forum index 2018
India ranked 58th in World Economic Forum index 2018
India has been ranked as the 58th most competitive economy on the World Economic Forum's global competitiveness index for 2018. The WEF said India's rank rose by five places from 2017, the l....

Published On : 17 Oct 2018

Textile Ministry to release Rs 7.8 Crore for construction of textile tourism complex in Nangpoh, Meghalaya
Textile Ministry to release Rs 7.8 Crore for construction of textile tourism complex in Nangpoh, Meghalaya
Minister of State for Textiles, Ajay Tamta has said that the Ministry will release 7.8 crore rupees for the construction of a textile tourism complex in Nongpoh, Ri-Bhoi district of Meghalay....

Published On : 13 Oct 2018

Govt hikes import duty 20% on few communication items
Govt hikes import duty 20% on few communication items
The government has hiked the import duty on certain communication items, including base stations, to up to 20% as part of efforts to check a widening current account deficit by curbing impor....

Published On : 12 Oct 2018

India moves up to 28th rank in govt e-payment adoption
India moves up to 28th rank in govt e-payment adoption
According to an international survey, India's overall ranking on the government's adoption of e-payments has moved up to 28th in 2018, from 36th in 2011. The survey has lauded Indi....

Published On : 06 Oct 2018

Govt of India and ADB signs $110 Million Loan to Reform Rural Connectivity in MP
Govt of India and ADB signs $110 Million Loan to Reform Rural Connectivity in MP
The government of India and Asian Development Bank (ADB) today signed a $110 million loan to finance the upgrade of 2,800 kilometers all-weather rural roads in the State of Madhya Pradesh un....

Published On : 05 Oct 2018

GST Council's 30th Meet Begins in New Delhi, today
GST Council's 30th Meet Begins in New Delhi, today
The Goods and Services Tax (GST) Council will meet in New Delhi today. Finance Minister Arun Jaitley will chair the 30th Meeting of the Council via Video Conferencing. The Council ....

Published On : 28 Sep 2018

BSE Sensex Slips 218 Points and Nifty Falls 76
BSE Sensex Slips 218 Points and Nifty Falls 76
Benchmark domestic stocks today extended previous session losses amid almost negative global share markets. Sensex at the Bombay Stock Exchange lost 0.6% or 218 points to 36,3....

Published On : 27 Sep 2018

Shri Suresh Prabhu on 3 Day Visit to Bangladesh for Bilateral Talks
Shri Suresh Prabhu on 3 Day Visit to Bangladesh for Bilateral Talks
1. The Union Minister of Commerce & Industry and Civil Aviation, Shri Suresh Prabhu, began a 3-day visit to Bangladesh from 24th September 2018. During his visit, he will hold ....

Published On : 25 Sep 2018

Cabinet Approves Equity Infusion Of Rs.1033 Crore in Talcher Fertilizers Ltd. by RCFL
Cabinet Approves Equity Infusion Of Rs.1033 Crore in Talcher Fertilizers Ltd. by RCFL
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi has approved the proposal of the Department of Fertilizers for equity investment of Rs.1033.54 cro....

Published On : 19 Sep 2018

Ministry of Textiles and Power Jointly Launch: SAATHI Scheme
Ministry of Textiles and Power Jointly Launch: SAATHI Scheme
1. Ministry of Textiles and Ministry of Power have joined hands under the initiative SAATHI (Sustainable and Accelerated Adoption of efficient Textile technologies....

Published On : 02 Aug 2018

The Sowing of Kharif Crop crosses 333 lakh Hectares: as per reports received from States
The Sowing of Kharif Crop crosses 333 lakh Hectares: as per reports received from States
1. The total sown area as on 6th July 2018, as per reports received from States, stands at 333.76 lakh hectares as compared to 388.89 lakh hectares at this time last year. It is re....

Published On : 06 Jul 2018

Increased Sourness in Relationships, America, for the second time, Ignored 2 + 2 Meeting With India
Increased Sourness in Relationships, America, for the second time, Ignored 2 + 2 Meeting With India
There is a gradual increase in sour relations between India and America. The trade war started by the USA has reached another point now. Not only this, the US has also postponed the first high leve....

Published On : 28 Jun 2018

Donald Trump Prepared for Watering On China's Mission 2025
Donald Trump Prepared for Watering On China's Mission 2025
The trade war has become faster in the two powerful countries of the world, America and China. The target of US President Donald Trump is now the investment of Chinese technology companies. Accordi....

Published On : 26 Jun 2018

Modi Government's Answer to US, Increased Customs Duty on Many Products
Modi Government's Answer to US, Increased Customs Duty on Many Products
The trade war situation is worsening globally. Whereas China is constantly threatening to levy more on US product after raising the duty on many products of US, India has decided to increase the cu....

Published On : 22 Jun 2018