Page-65 of Economy & Banking Current Affairs

Maiden Tranche of Sovereign Green Bonds

January 26, 2023

The Government of India issues bonds to support environmental projects. These bonds that bring in resources to implement such climate-related projects are called Sovereign Green Bonds. They are similar to government securities. The first tranche, meaning the first part or ..

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Nagaland Orange Festival

January 25, 2023

Nagaland is celebrating the Orange Festival for two days. Nagaland Fruit Festival is being organized in the state to praise the hard work of orange growers. Revenue from oranges in the state almost doubled recently. Fruit festivals are famous all ..

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10th Infrastructure Committee Meet held

January 25, 2023

The Infrastructure Committee was formed in 2009. The main objective of the committee formation is to speed up the government’s decision on infrastructure projects. The tenth meeting of the committee was recently chaired by the Union Minister of Road Transport ..

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Uganda’s First Oil Drilling Program

January 25, 2023

Uganda has one of the largest oil reserves in the Saharan desert according to the International Monetary Fund. Oil was discovered in Uganda twenty years back. But the production was delayed due to a lack of funds and infrastructure. With ..

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Low Carbon Cruise on Mahabahu Brahmaputra

January 24, 2023

The Government of India is to conduct the India Energy Week, 2023 in February. The event is to be held in Bengaluru, Karnataka. On the sidelines of the celebrations, a methanol-blended diesel-powered ship was launched. The methanol to be used ..

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International Craft Summit

January 24, 2023

Chief Minister Naveen Patnaik  inaugurated the ‘International Craft Summit’ in Jajpur, Odisha. This summit serves as a significant cultural milestone, bringing together artisans, culture enthusiasts, and artists from across the globe. The summit has attracted delegates from 15 different countries, ..

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Jammu and Kashmir launches New Food Processing Project

January 24, 2023

The Jammu and Kashmir government recently launched a food processing project of Rs 879.75 crores. The main objective of the project is to revolutionize the food processing sector. What will the project do? It will increase farmer income, reduce losses ..

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SEBI launches Information Database on municipal bonds

January 24, 2023

SEBI is the Security and Exchange Board of India. It is a regulatory body that was established under the SEBI Act of 1992. To develop the bond markets, SEBI recently introduced a database and a repository for municipal bonds. Today ..

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Ministry of Ayush signs MoU to promote medical travel value

January 24, 2023

Ayush ministry and ITDC signed an agreement to promote medical value travel. ITDC is India Tourism Development Corporation. The entities plan to increase the value of Ayurveda. The government of India has been pushing traditional medicines for more than a ..

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Mega Infrastructure Project on Great Nicobar Islands

January 23, 2023

The Government of India is planning to develop the Nicobar Islands in terms of defense, commerce, logistics, and industries. This is called the Mega Infrastructure Project. It is also referred to as the Great Nicobar Plan. The plan is to ..

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