Current Affairs

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Page-21 of Topic: Business

India notifies higher tariffs on 29 items imported from US

India has notified higher tariffs on 29 items imported from United States (US). This is was in retaliation against US announcement imposing tariffs on steel and aluminium items...

June 22, 2018

Women Wizards Rule Tech programme launched by NASSCOM to increase number of women in senior levels in IT industry

Indian IT industry’s apex body NASSCOM (National Association of Software & Services Companies) has launched ‘Women Wizards Rule Tech’ programme to increase number of women in senior levels...

June 20, 2018

IRDAI constitutes Suresh Mathur committee to review norms related to Insurance Marketing Firms

The Insurance Regulatory and Development Authority (IRDAI) has set up 10-member committee to review norms related to Insurance Marketing Firms (IMF) with an aim to increase insurance penetration...

June 20, 2018

Liberalised Remittance Scheme: RBI alters definition of relative to check outward remittances

The Reserve Bank of India (RBI) has narrowed the definition of relatives under the ‘maintenance of close relative’ category of Liberalised Remittance Scheme (LRS) to check outflow of...

June 19, 2018

Government to expand BPO promotion scheme for rural youth to 1 lakh seats

Ministry of Electronics & Information Technology (MeitY) is planning to expand its India BPO Promotion Scheme to 1 lakh seats from current 48,000 seats. It will also set...

June 19, 2018

India notifies WTO of its decision to impose higher import tariffs on 30 US goods

India has notified World Trade Organisation (WTO) of its decision to impose higher import tariffs (ranging from 20 to 50%) on 30 goods from United States. It includes...

June 18, 2018

TCS becomes first Company to close over Rs. 7 Trillion Market Cap

India’s IT major Tata Consultancy Services (TCS) became first listed company in India to close day’s trade with market capitalisation (m cap) of over Rs. 7 lakh crore...

June 16, 2018

US slaps 25% tariff on $50 billion worth of Chinese goods

United States has slapped stiff 25% tariff on US $50 billion worth of Chinese goods. It has accused China of intellectual property (IP) theft and unfair trade practices....

June 16, 2018

Government hikes import duty on non-palm oils by 5-10%

The Central Board of Indirect Taxes and Customs (CBITC) under Finance Ministry has raised import duty by 5-10% on non-palm edible oils, both crude and refined ones, in...

June 15, 2018

SEBI constitutes Expert Committee frame rules for direct listing of Indian firms abroad

The market regulator Securities and Exchange Board of India (Sebi) has constituted an expert committee to recommend suitable framework to allow direct listing of Indian companies overseas bourses...

June 13, 2018

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