Current Affairs

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Page-16 of Business

NPCI launches UPI 2.0 with overdraft facility

National Payments Corporation of India (NPCI) has launched UPI 2.0, an upgraded and renwed version of Unified Payments Interface (UPI) by adding four new features to make it...

August 17, 2018

Armed forces to grant permanent commission for women officers: PM

Prime Minister Narendra Modi during his addresses to the nation on occasion of 72nd Independence Day from Red Fort announced that permanent commission will be granted to serving...

August 16, 2018

NITI Aayog launches Pitch to MOVE competition

NITI Aayog has launched mobility pitch competition Pitch to MOVE to provide budding entrepreneurs of India unique opportunity to pitch their business ideas to distinguished jury. Using this platform,...

August 15, 2018

Rupee for first time hit historic low of Rs. 70 mark against US dollar

Indian rupee for first time in history plunged to record low of Rs. 70.07 against US dollar on 14 August 2018. However, it recovered later at around Rs....

August 15, 2018

Government approves proposal for setting up of water aerodromes in the country

Union Civil Aviation Ministry has given in-principle approval to set up water aerodromes in the country. To start with it has identified five states: Odisha, Gujarat, Maharashtra, Andhra...

August 13, 2018

Projects for Defence Industrial Corridor launched in Aligarh, UP

The projects for defence industrial corridor in Aligarh, Uttar Pradesh were launched recently by Union Defence Minister Nirmala Sitharaman and Uttar Pradesh Chief Minister Yogi Adityanath. It was...

August 13, 2018

Index of Industrial Production (IIP): Industrial output records 5-month high growth of 7% in June 2018

According to data released by Central Statistics Office (CSO), factory output measured in terms of Index of Industrial Production (IIP) had 7% in June 2018, five-month high. This...

August 11, 2018

Parliament passes Insolvency and Bankruptcy Code (Second Amendment) Bill, 2018

Parliament has passed Insolvency and Bankruptcy Code (Amendment) Bill, 2018 to bring relief to home buyers and Micro, Small and Medium Enterprises (MSMEs). The Bill replaces ordinance promulgated...

August 11, 2018

IFFCO forays into food processing, forms JV with Spainish firm

Fertiliser major IFFCO has entered into joint venture with Congelados De Navarra to set up food processing plant at Ludhiana in Punjab with an investment of Rs 325...

August 11, 2018

IMF forecasts 7.3% GDP growth for India in 2018-19 and 7.5% in 2019-20

The International Monetary Fund (IMF) in its report has projected India’s GDP growth 7.3% in the 2018-19 fiscal and 7.5% in 2019-2020 on strengthening of investment and robust...

August 11, 2018

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