New Amendments in IBBI Regulations

On June 15, 2022, The Insolvency Bankruptcy Board of India (IBBI) amended insolvency regulations. What are the amendments? The amended insolvency regulations now require creditors to file information on assets and liabilities of their corporate debtors, as well as other ..

Month: Current Affairs - June, 2022

Category: Economy & Banking Current Affairs

First train under ‘Bharat Gaurav’ scheme’

First Train under the “Bharat Gaurav Scheme” started from Coimbatore (Tamil Nadu) to Shirdi (Maharashtra) by Indian Railways’ Southern Railway zone. Highlights Bharat Gaurav Train started on June 14, 2022 from Coimbatore North to Sainagar Shirdi. It will reach Sainagar ..

Month: Current Affairs - June, 2022

Category: Economy & Banking Current Affairs

India’s First Display Fabrication Unit

On June 12, 2022, Government of Telangana signed an MoU with Bengaluru-based Elest, to set up India’s first display fabrication unit in Hyderabad. Highlights The display fabrication unit will be set with an investment of Rs 24,000 crore. It will ..

Month: Current Affairs - June, 2022

Category: Economy & Banking Current Affairs • Government Schemes Current Affairs • India Nation & States Current Affairs

WTO -12th ministerial conference (MC12)

The 12th Ministerial Conference of World Trade Organization (WTO) started on June 12, 2022. Highlights It is being held at WTO headquarters in Geneva, Switzerland. The conference will be concluded on June 15, 2022. It was due to take place ..

Month: Current Affairs - June, 2022

Category: Economy & Banking Current Affairs • International / World Current Affairs

Green Open Access Rules 2022

On June 6, 2022 Union Government has notified the Green Open Access Rules 2022, that will accelerate India’s renewable energy programmes. What are Green Open Access Rules 2022? These rules are notified to promote generation, purchase and consumption of green ..

Month: Current Affairs - June, 2022

Category: Economy & Banking Current Affairs

Bihar Mahatma Gandhi Bridge

On June 7, 2022, Union Minister for Road Transport and Highways Nitin Gadkari inaugurated the superstructure replacement for Mahatma Gandhi Setu. Key Points Union Minister also laid foundation stones for 15 National Highway (NH) projects in Hajipur and Patna. Mahatma ..

Month: Current Affairs - June, 2022

Category: Economy & Banking Current Affairs

RBI: Increased housing loan limit for Co-op Banks

On June 8, 2022, The Reserve Bank of India (RBI) has increased the limit two times on housing loans from cooperative banks. Highlights RBI has also permitted the Rural Cooperative Banks (RCB) for financing residential real estate projects, in a bid to ..

Month: Current Affairs - June, 2022

Category: Economy & Banking Current Affairs

Technology Development Fund (TDF)- Rise in Funding

On June 8, 2022, the limit of funding of innovative defence projects was increased from Rs 10 crore to Rs 50 crore per project, under the Technology Development Fund (TDF). Funding has been enhanced in line with the announcement made ..

Month: Current Affairs - June, 2022

Category: Economy & Banking Current Affairs

QS World University Rankings 2022

QS World University Rankings 2022 was released recently, in which Indian Institute of Science (IISc) Bengaluru has become the highest ranked Indian Institute. Rank of IISc Bengaluru has improved by 31 places. Rank of Indian Universities or Institutes Among the ..

Month: Current Affairs - June, 2022

Category: Economy & Banking Current Affairs • International / World Current Affairs

EASE 5.0 Reforms Agenda

On June 8, 2022, Finance Minister Nirmala Sitharaman launched the EASE 5.0 “Common reforms agenda” of EASE Next program. Key Points Enhanced Access and Service Excellence-EASE evolved for four annual editions from Financial Year 2019 to Financial Year 2022. It ..

Month: Current Affairs - June, 2022

Category: Economy & Banking Current Affairs