Page-30 of Economy & Banking Current Affairs

India to appeal against Cairn Energy arbitration award

The Indian government has decided to appeal against the international arbitration award of worth $1.2 billion that was won by Cairn Energy Plc. in tax dispute. Highlights India’s decision to appeal against the award shows the government’s commitment to defend the sovereign rights in taxation. The government has also kept the possibility of a resolution ..

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Piramal group to takeover the DHFL

The Reserve Bank of India has approved the takeover of Dewan Housing Finance Corporation Ltd (DHFL) by Piramal Group on February 18, 2021. Highlights The decision was taken by RBI after a month a Committee of Creditors of DHFL voted in favor of Piramal’s bid. The bid got the 94 per cent votes. Following this, the resolution plan of the company ..

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India-Mauritius: Comprehensive Economic Cooperation Agreement approved

The Union Cabinet chaired by Prime Minister, Narendra Modi, has approved the signing of a comprehensive economic cooperation and partnership agreement (CECPA) between India and Mauritius. This approval was given on February 17, 2021. Comprehensive Economic Cooperation agreement It is a kind of a free trade agreement between India and Mauritius. This agreement was signed ..

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Assam: Prime Minister to launch ‘Mahabahu-Brahmaputra’ initiative

The Prime Minister Narendra Modi will virtually launch ‘Mahabahu-Brahmaputra’ initiative in Assam on February 18, 2021. Highlights He will lay the foundation stone for the Dhubri Phulbari bridge. PM will also perform the bhumi pujan for the construction of Majuli Bridge in Assam. PM while announcing the details stated that, it will be a landmark ..

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Labour Minister to Launch Software for 5 surveys

The Labour Minister, Santosh Gangwar, will launch the software applications for five all India surveys on February 18, 2021. Key Facts The survey will also include the data of migrant and domestic workers. The Labour Minister will also release the instruction manuals with questionnaire for all the five All India Surveys. The survey will be ..

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