Business and Economy Current Affairs, GK & News
ADB releases updated Asian Development Outlook
The updated Asian Development Outlook predicts that developing economies will faster than China. Key findings For the first time in 30 years, rest of developing Asia will grow at faster pace than China. Previously, when China’s growth fell to 3.9 per cent in 1990, the GDP of the rest of Asia witnessed a 6.9 per ..
Month: current affairs - september, 2022
Category: Economy & Banking Current Affairs - 2022 • Reports & Indexes Current Affairs
Topics: Asian Development Bank • Asian Development Bank (ADB) • Asian Development Bank Outlook 2022 • Asian Development Outlook • Asian Development Outlook report- Update • Business and Economy
India-Brazil ink 15 agreements during Brazil President’s visit on Republic Day
The President of Brazil, Mr Jair Bolsonaro visited India to take part in Republic Day celebrations. During his visit, the countries signed several agreements. Alongside, the fifth session of India-Brazil Trade monitoring mechanism was also held. President Bolsonaro was accompanied by a huge business delegation. They will hold several meetings with their Indian counterparts during ..
Month: Current Affairs - January, 2020
Category: International / World Current Affairs
Topics: bilateral trade • Business and Economy • Energy security • India-Brazil • India-WTO • Investment • republic day
India will overtake Germany; Become 4th largest economy in the world in 2026
According to a report released by UK based Centre for Economics and Business Research (CEBR), India will overtake Germany in 2026 to become the world’s fourth largest economy. The report also said that by 2034, India will overtake Japan and become third largest economy in the world Highlights Today, India is the fifth largest economy ..
Month: Current Affairs - January, 2020
Category: Reports & Indexes Current Affairs
Topics: 5 Trillion Dollar Economy • Business and Economy • Economic growth • Growth rate • Largest Economies
3000 Global Leaders to meet at WEF’s 50th annual meet
On December 22, 2019, the World Economic Forum said that around 3,000 world leaders will meet at its 50th annual meeting to discuss on actions that are required to make “cohesive and sustainable world”. Highlights The meet is to be attended by the global leaders from all over the world. It includes US President Trump, ..
Month: Current Affairs - December, 2019
Category: International / World Current Affairs
Topics: Business and Economy • Climate change • Economy Business • International Conferences • Sustainable Development • World Economic Forum
NPCC conferred Miniratna Category–I status
Union Government has conferred status of Miniratna: Category–I to National Projects Construction Corporation Limited (NPCC). The empowerment of miniratna status to NPCC will help company to take speedy decisions by enhancing delegation of powers to Board. National Projects Construction Corporation Limited (NPCC) NPCC is schedule ‘B’ Central Public Sector Enterprise (CPSE) under administrative control of ..
Month: Current Affairs - November, 2018
Topics: Business • Business and Economy • Category I • Construction Corporation Limited • Department of Public Enterprises under • Economy • Economy of India • India • Miniratna • Ministry of Heavy Industries and Public Enterprises • National Projects Construction Corporation Limited • NPCC • Public sector undertakings in India
Finance Ministry launches web portal to grant loans to MSMEs within hour
Union Finance Minister Arun Jaitley launched portal www.psbloansin59minutes.com to enable micro, small and medium enterprises (MSMEs) to get in-principle approval of loans within hour without need for branch visit. The web portal will enable in principle approval for MSME loans up to Rs. 1 crore within 59 minutes from Small Industries Development Bank of India ..
Month: Current Affairs - September, 2018
Topics: Arun Jaitley • Banking • Business and Economy • Finance Ministry • PSB loans in 59 minutes Portal • SIDBI