Economy & Banking Current Affairs
Pension regulator Pension Fund Regulatory and Development Authority (PFRDA) is set to observe National Pension System (NPS) Diwas on October 1, 2021. Key Points PFRDA also started a campaign under ‘Azadi Ka Amrit Mahotsav’ in order to promote pension and retirement planning. NPS Diwas will be observed for a carefree azad retirement. NPS subscribers will ..
International start-up hubs ranking 2021 was recently compiled and published by Start-up Genome for its annual Global Start-up Ecosystem Report 2021. Key Points As per the comprehensive ranking of international start-ups, London, Mumbai and Bangalore have been featured among the world’s top start-up hubs. London maintained the second-place ranking along with the New York for second consecutive year, despite ..
Reserve Bank of India (RBI) released its “Deposits with Scheduled Commercial Banks – March 2021 data” on September 23, 2021. Highlights As per RBI data, Bank deposits have increased by 11.9 per cent year-on-year during 2020-21 as compared to 8.8 per cent in 2019-20. Deposits increased in light of high growth in current account and ..
Category: Banking Current Affairs
The Patents (Amendment) Rules, 2021 came into effect on September 21, 2021 by amending the Patents Rules 2003. Key Points By amending the rules, Union Government has reduced the patent filing and processing fees that are charged on educational institutions by 80%. This reduction in fees is at par with similar concession available to start-ups ..
Category: Economy & Banking Current Affairs
India and United Arab Emirates (UAE) have launched the negotiations for a mutually beneficial comprehensive economic partnership agreement on September 22, 2021. Highlights First round of CEPA negotiations will be held on September 23 and 24. Both the countries aim to conclude the negotiations by December 2021. Once the negotiations are concluded, they will sign ..