Page-39 of Economy & Banking Current Affairs - 2024

BEL and Israel Aerospace to form JV

The Bharat Electronics Limited operating under the defence ministry recently signed a Memorandum of Understanding with the Israel Aerospace Industries (IAI) at the Aero India Air Show. According to the agreement, BEL and IAI will establish a joint venture. The ..

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New market segment for EXPENSIVE power

The Central Electricity Regulatory Commission recently approved a proposal to start a separate market for expensive power. These expensive power markets are usually referred to as spot power markets. What is expensive power according to the regulatory body? Electricity derived ..

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Karnataka State Budget 2023-24

The State of Karnataka is entering elections in May 2023. The Interim budget for 2023-24 was presented by the State CM Basavaraj Bommai. The interim budget is the budget presented ahead of elections. The Government of Karnataka is to set ..

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India’s first waste-to-hydrogen plant to be set up in Pune

The Government of India is to set up the first waste-to-hydrogen plant at a cost of Rs 430 crores in Pune. The plant will be built by a private company Green Billion Limited. The company has signed an agreement with ..

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Textile Advisory Group for Manmade Fibre

The Speaker of the house forms the advisory committees. One such committee was recently formed to look into the issues of the textile sector. The committee also studied the issues faced in the manmade fibres. The Minister of Textiles Shri ..

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RBI gives licenses for 32 payment aggregators

Payment Aggregator is a third-party payment solution provider. For instance, you use YONO SBI to shop on Amazon. Therefore, SBI is an online payment aggregator. Recently, RBI issued licenses to 32 payment aggregators to serve as online payment aggregators. This ..

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