Page-80 of Economy & Banking Current Affairs

India Discrimination Report 2022

The non-profit Oxfam India recently released the India Discrimination Report, 2022 Key highlights Labour force participation rate (LFPR) of women in India is just 25 per cent in 2021 – lesser than the figure of 42.7 per cent in 2004-05 ..

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Kantar BrandZ India 2022

Kantar BrandZ India 2022 was released recently to broadly assess the impact of the COVID-19 pandemic on Indian brands, with the focus on FMCG, non-FMCG and technology brands. Key Highlights According to the report, India’s top 75 brands together are ..

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Norway’s central bank digital currency

Norway’s central bank – Norges Bank – recently hit a major milestone in its digital currency development efforts by releasing the open source code for the country’s CBDC sandbox based on the Ethereum technology. Key facts Norway’s CBDC sandbox, which ..

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Hughes-ISRO satellite internet service

Hughes Communications India (HCI) and ISRO has jointly launched India’s first high-throughput satellite (HTS) broadband service. Key facts HCI – a joint venture company of US-based Hughes Network Systems and Indian telecom operator Bharati Airtel – launched the first high ..

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UP builds highest number of Amrit Sarovars

Uttar Pradesh has constructed largest number of lakes under the Indian Government’s ambitious Mission Amrit Sarovar. Key facts Uttar Pradesh has constructed 8,462 Amrit Sarovars (lakes) under the Modi Government’s ambitious Mission Amrit Sarovar, which aims to conserve water for ..

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MeitY Startup Hub and Meta launch XR startup program

The XR Startup Program was jointly launched by MeitY Startup Hub and Meta to create the next generation startups focusing on Extended Reality Technologies. Key facts The XR Startup Program is an accelerator program aimed at supporting and accelerating extended ..

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Damodaran Committee to boost PE/VC investments

The Union Finance Ministry recently set up an expert committee headed by former SEBI chief M. Damodaran to assess and recommend ways to solve regulatory issues to boost investments by private equity (PE) and venture capital (VC) in Indian startups. ..

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Naga Mircha Festival

The inaugural edition of the Naga Mircha festival was organized in Seiyhama village of Kohima district in Nagaland. Key facts The first-ever Naga Mircha (King Chilli) Festival 2022 was organized in the village hall of Seiyhama village in Kohima district. ..

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HDFC – first to issue electronic bank guarantee

The HDFC Bank, the largest private sector bank in India, became the first bank in the country to issue an Electronic Bank Guarantee (e-BG). Key facts The HDFC bank recently launched the first-ever Electronic Bank Guarantee (e-BG) in collaboration with ..

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FAO/WFP Crop and Food Security Assessment Mission (CFSAM) report

Food and Agriculture Organization (FAO) and the World Food Programme (WFP) have jointly published a report titled “Crop and Food Security Assessment Mission (CFSAM) report”. Highlights Food insecurity: Around 6.3 million people in Sri Lanka are experiencing moderate to severe ..

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