Current Affairs

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World Bank endorses Country Partnership Framework for India's transition to high-middle income nation

World Bank board has approved ambitious five-year Country Partnership Framework (CPF) for India that is in line with Government of India’s objectives of high, sustainable and inclusive growth....

September 22, 2018

Fitch raises India's GDP forecast to 7.8% from 7.4% for FY19

Fitch Ratings in its Global Economic Outlook has revised up India’s growth forecast for current fiscal year (2018-19) to 7.8% from 7.4% projected earlier. However it has flagged...

September 22, 2018

Anil Kumar Chaudhary appointed as new Chairman of Steel Authority of India Ltd

The Appointments Committee of the Cabinet (ACC) chaired by Prime Minister Narendra Modi has appointed Anil Kumar Chaudhary as new Chairman of Steel Authority of India Ltd. He...

September 22, 2018

IPPB ties up with Bajaj Allianz to offer life insurance products

State-owned India Post Payments Bank (IPPB) and private life insurer Bajaj Allianz Life Insurance Co Ltd (BALIC) have entered into strategic partnership to provide life insurance solutions. It...

September 21, 2018

PM lays foundation stone of India International Convention and Expo Centre in New Delhi

Prime Minister Narendra Modi laid foundation stone of India International Convention and Expo Centre (IICC) in Sector 25, Dwarka, New Delhi. On completion, it will be biggest indoor...

September 21, 2018

BSE, NSE get SEBI approval to launch commodity derivatives segment

The capital markets regulator Securities and Exchange Board of India (SEBI) has allowed India’s top two stock exchanges BSE Ltd and National Stock Exchange of India Ltd (NSE)...

September 20, 2018

MSME Insider: Monthly e-Newsletter of MSME Ministry launched

Union Ministry of Micro, Small and Medium Enterprises (MSMEs) has launched its monthly e-newsletter MSME Insider. The e-newsletter will give information of activities undertaken by MSME Ministry and...

September 20, 2018

Government announces merger of Bank of Baroda, Dena Bank and Vijaya Bank

Union Finance Ministry announced proposal for amalgamation of three public sector banks- Bank of Baroda, Dena Bank and Vijaya Bank. The combined entity after consolidation will create India’s...

September 18, 2018

Secondary Steel Sector Awards given for contribution to National Economy

Union Ministry of Steel recently for the first time gave away Secondary Steel sector awards to 26 mini steel companies in recognition of their contribution to the national...

September 14, 2018

IIP records 6.6% growth in July 2018

According to data released by Central Statistics Office (CSO), factory output measured in terms of the Index of Industrial Production grew at 6.6% in July 2018. This growth...

September 13, 2018

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