Page-2 of Current Affairs - February, 2018

Government appoints IIFT, ICAI, NICMAR to improve World Bank's 'Doing Business' ranking

The Union Commerce and Industry ministry has appointed four institutes to interact with stakeholders and suggest measures to push India’s ranking in World Bank’s Ease of Doing Business Index. They are National Institute of Construction Management and Research (NICMAR), Indian ..

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28th February: National Science Day

The National Science Day is observed every year on 28th February with an objective to spread message of importance of science and its application among the people. The theme for National Science Day 2018 is “Science and Technology for a ..

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Lamitye 2018: India, Seychelles conduct military exercise to fight counter insurgency, piracy

The eighth edition Lamitye 2018, bilateral military exercise between Indian Army and Seychelles People’s Defence Force was held at Mahe Island in Seychelles archipelago. The Seychelles archipelago falls on one of most significant and busiest sea transport routes of the ..

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RBI raises ETCD trading limit to $100 million

Reserve Bank of India (RBI) has raised exposure limit under exchange traded currency derivatives (ETCD) trading for residents and foreign portfolio investors (FPIs) to $100 million across all currency pairs involving Indian rupee. This decision aims to help entities engaged ..

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FIU categorises 9,491 NBFCs as high risk for PMLA non-compliance

The Financial Intelligence Unit (FIU) under Finance Ministry has categorised around 9,491 non-banking financial companies (NBFC) as high risk prone financial institutions as they have not complied with stipulated provision of Prevention of Money Laundering Act (PMLA). There are about ..

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Inclusive Internet Index 2018: India ranks 47th

India was ranked 47th out of 86 countries in Inclusive Internet Index (III) 2018 report. India has slipped by 11 positions compared to 36th rank in 2017 III report due to low internet usage and poor quality. The report was ..

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