Business and Economy Current Affairs, GK & News

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 ..

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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 ..

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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, ..

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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 ..

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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 ..

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