Business Current Affairs, GK & News

BRICS Business Forum held: Key Facts

The BRICS Business Forum was held recently through video conferencing. The BRICS Business council held the forum. The council was formed in 2013 summit in Durban. Since its establishment, the primary task of BRICS Business council is to increase trade and investment among the member countries of BRICS. Highlights Russia chaired the meet as it ..

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Why do online sellers file Anti-trust cases against Amazon in India?

E-commerce giant Amazon is going to face a legal battle as an anti-trust case has been filed with the Competition Commission of India against Amazon India by a group of about 2,000 online sellers. Issues The members of the All India Online Vendors Association, who sell goods on e-commerce sites like Amazon and Flipkart, accused ..

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Unemployment Rate in India has increased to 23% due to Lock Down

The Centre for Monitoring Indian Economy (CMIE) recently released a survey on the current unemployment situation in India. According to the survey, more than 20% of Indian Economy has lost their jobs since the lock down. Highlights The report said that the unemployment rate for the month of March is expected to be 8.7% as ..

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GoI: Invest India Business Immunity Platform launched

On March 24, 2020, the India’s National Investment Promotion and Facilitation Agency called the Invest India launched “The Invest India Business Immunity Platform”. The platform is to operate on the website of Invest India. Highlights The platform is to give real time updates about India’s response and actions against Corona Virus. It will provide latest ..

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SIDBI to launch Swavalamban Express Train

The Small Industries Development Bank of India (SIDBI) said that it will launch Swavalamban Express Train on June 5 this year for budding entrepreneurs. The Swavalamban Express will travel to 11 cities covering 7,000 km in 15 days. This is a part of its umbrella mission Swavalamban. Under this mission, youths will board the train ..

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