Forbes’s annual ranking of the best of Asia-Pacific

Indian Companies in the Forbes’s annual ranking of the best of Asia-Pacific Listed Companies Some facts: The ranking was started in 2005, Infosys and Wipro are getting a place every year since 2005. China has maximum number (16) of Companies. The criteria for selection was at least $3 billion in revenue or a $3 billion ..

Month: Current Affairs - September, 2009

Topics: Bharti • Bharti Airtel • BSE SENSEX • CNX Nifty • Companies • Economy of India • India • Infosys • Mahindra • Mahindra & Mahindra • Tata Steel • Wipro

Current Affairs 2009 Business & Finance Mini Current Affairs

September 22, 2009: ADB projects China’s Growth 8.2 percent in 2009September 19, 2009: Irda setting up database of insured vehiclesSeptember 17, 2009: Japanese loan for Railway freight corridorSeptember 15, 2009: 64 ‘multi-function stations’ of Indian RailwaysSeptember 8, 2009: SEWA Bank & Micro Pension ProgrammeSeptember 4, 2009: SBI cuts rates for crop, minor irrigation loans September ..

Month: Current Affairs - September, 2009

Topics: Current Affairs 2009 • Economy • Finance • Insurance • Interest rate • Ircon International • Money

India’s first Islamic bank will open in Kerala by 2010

  What is a Islamic Bank? Islamic banking refers to a system of banking or banking activity that is consistent with the principles of Islamic law (Sharia) and its practical application through the development of Islamic economics. Sharia prohibits the payment of interest fees for the lending of money for specific terms, as well as ..

Month: Current Affairs - September, 2009

Topics: Bank • Challenges in Islamic finance • Credit • Economy • Finance • Islamic banking and finance • Islamic economics • Islamic finance products • Islamic finance products, services and contracts • Money • services and contracts • Sharia

Orissa government signs MOU with SBI for Electronic benefit transfer for NREGA

September 23, 2009: With an aim to achieve financial inclusion and provide door step banking to the rural people, the Orissa government today signed a memorandum of understanding (MoU) with the public sector State Bank of India (SBI) for implementing the electronic benefit transfer (EBT) scheme for National Rural Employment Guarantee Act (NREGA) beneficiaries. What ..

Month: Current Affairs - September, 2009

Category: Government Schemes Current Affairs

Topics: Economy of India • Indian labour law • National Rural Employment Guarantee Act • Right to work • State Bank of India

RBI’s Financial Literacy Drive Programme for Financial Inclusion

The idea behind the Financial inclusion is that all people or every household in the country must have an operative account in a bank. To achieve 100 per cent financial inclusion across the country,Reserve Bank of India has decided to work with state governments for opening no-frills accounts (operational with facility to deposit money, take ..

Month: Current Affairs - September, 2009

Topics: Bangalore • Economy • Finance • Financial inclusion • Financial literacy • Financial services • Literacy • Reserve Bank of India