Page-63 of Economy & Banking Current Affairs

Budget Session of Parliament

January 31, 2023

The President of India Smt Draupadi Murmu initiated the Budget Session of 2023 in the Parliament House. Murmu addressed a joint session of the parliament. The Finance Ministry will present its Economic survey ahead of the Union Budget. Every year, ..

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IMF: India’s Inflation will fall to 5% in 2023, 4% in 2024

January 31, 2023

The International Monetary Forum recently released the World Economic Outlook. According to the report, the Inflation in India is to reduce to 6.8% in March 2023. Further by the end of 2023, the inflation will reduce to 5%. In 2024, ..

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Ernakulam: First District to register 10,000 new MSMEs

January 31, 2023

The Kerala Government launched the Enterprises Campaign during its 2022-23 budget. Also, the state government declared the financial year 2022-23 as the Year of Enterprises. This was done to boost the development of the MSME sector in the state. The ..

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Survey: 60% households expect dip in earning

January 31, 2023

An online platform called the Local Circles recently conducted a survey. The survey was conducted to learn about the mindset of the household consumers and also about their conditions. And it was conducted online. The online platform conducted the survey ..

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Air India’s New Software for Real – Time Reporting of In – flight Incidents

January 30, 2023

Coruson is cloud software developed by a UK-based company called Ideagen. Air India is to use this software to increase its safety management. Coruson will help Air India in reporting in–flight incidents. And this is to be done on a ..

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NSE: World’s Largest Derivatives Exchange

January 30, 2023

NSE is the National Stock Exchange of India. In 2022, the daily average turnover of the exchange reached Rs 470 crores. With this NSE has become the largest derivatives exchange in the world. This is the fourth consecutive time, NSE ..

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RBI Study on GST Compensation receiving States

January 30, 2023

The Reserve Bank of India recently released its study of state finances. The report details the financial positions of the states and also presents an analysis of states receiving GST Compensation. Tamil Nadu is one of the five states in ..

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Sale of 30 LMT of wheat under Open Market Sale Scheme

January 28, 2023

Under the Open Market Sale Scheme, the Food Corporation of India sells surplus rice and wheat stocks. The prices of the food grains are pre-determined. Recently, the Government of India issued orders to the FCI to sell 30 LMT of ..

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Ministry of Corporate Affairs Facility for e – Adjudication

January 28, 2023

The Ministry of Corporate Affairs launched the MCA21 to speed the access to the services of the ministry. Recently, the ministry added some key features to MCA21. They are e – adjudication, compliance management, and e-consultation. Adjudication means a judgment ..

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Draft National Electricity Policy

January 28, 2023

The Standing Committee constituted to work on Electricity issues in India made recommendations to create a new Electricity Policy. Based on the recommendations, the Ministry of Power constituted an expert committee under the chairmanship of Gireesh Pradhan to create the ..

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