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Rishad Premji appointed as new Chairman of National Association of Software and Services Companies (NASSCOM) for 2018-19
Rishad Premji, the chief strategy officer and board member of Wipro Ltd, has been appointed as the new Chairman of the National Association of Software and Services Companies (NASSCOM) for 2018-19. He succeeded Raman Roy. Rishad is the son of ..
Month: Current Affairs - April, 2018
11 public sector banks placed under RBI’s PCA Framework
The Reserve Bank of India (RBI) has placed 11 public sector banks (PSBs) out of 21 State-owned banks under its Prompt Corrective Action (PCA) framework because of deteriorating performance. Three-four more PSBs are expected to be brought under PCA framework. ..
Month: Current Affairs - April, 2018
RBI switches back to GDP model from GVA model to measure economy
The Reserve Bank of India switched back to gross domestic product (GDP) model from the gross value added (GVA) methodology to provide its estimate of economic activity in the country. The switch to GDP is mainly to conform to international ..
Month: Current Affairs - April, 2018
Msme Sambandh
MSME Sambandh is a Public Procurement portal for Micro Small and Medium Enterprises (MSME) launched by government. The objective of the portal is to monitor the implementation of the Public Procurement from MSEs by Central Public Sector Enterprises. Note: Procurement ..
Global Logistics Summit 2018 held in New Delhi
The Global Logistics Summit (GLS-2018) was held in New Delhi from April 5-6, 2018 to improve logistics and connectivity which are vital for increasing intra-state and international trade flows. The summit was organised by Department of Commerce, Ministry of Commerce ..
Month: Current Affairs - April, 2018
RBI’s first bimonthly policy FY 2018-19: Policy rates unchanged
The Reserve Bank of India (RBI) in its first bimonthly policy review for financial year 2018-19 has decided to maintain status quo in policy rates by keeping repo rate unchanged at 6.0%. This decision was taken by RBI’s six member ..