Page-175 of Economy & Banking Current Affairs

Pakistan to receive loan of 2.1 billion US$ from China

Pakistan will receive 2.1 billion US$ loan from China by 25th March to provide a boost to its ailing economy. Pakistan’s Finance Ministry has announced that all procedural formalities for the transfer of the loan being provided by the Chinese government have been completed, and the funds will be deposited in the State Bank of ..

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SpiceJet joins IATA

Indian low-cost airlines SpiceJet has joined the International Air Transport Association (IATA). SpiceJet is the first Indian budget carrier to join the IATA, which has over 290 airlines as members. The membership of IATA will allow SpiceJet to explore and grow its collaborations with international member airlines of IATA through interlining and code shares and also enables ..

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RBI Governor bats for Permanent Status to Finance Commission

Reserve Bank of India (RBI) governor Shaktikanta Das called for permanent status to Finance Commission.  RBI Governor Shaktikanta Das is also the member of the fifteenth finance commission. Necessity of the Permanent Status The permanent status will ensure consistencies between finance commissions so that there is some certainty in the flow of funds to states. ..

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Conclave on India-Africa Project Partnerships

Union Ministry of Commerce and Industries had organised a  Conclave on India-Africa Project Partnerships in association with Confederation of Indian Industry and EXIM Bank of India. The conclave is held every year since its inception in 2005 brings together senior Ministers, policymakers, officials, business leaders, bankers, technologists, start-up entrepreneurs and other professionals from India and ..

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IBBI and SEBI sign pact for Effective Implementation of IBC

Insolvency and Bankruptcy Board of India (IBBI) and Securities and Exchange Board of India (SEBI) have signed a Memorandum of Understanding (MoU) to assist and co-operate with each other for the effective implementation of the Insolvency and Bankruptcy Code. Components of the MoU Sharing of information between the two parties. Sharing of resources available with ..

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