Current Affairs

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Page-66 of Topic: Business

Airtel launches India’s first Payments Bank service in Rajasthan

Airtel Payments Bank Limited or Airtel Bank became the first payments bank in the country to launch live banking services in Rajasthan. The pilot phase of the Airtel...

November 24, 2016

Defence Ministry to relook at defence blacklist guidelines

The Union Defence Ministry is planning to relook at defence blacklist guidelines for dealing with global defence firms engaged in corruption in arms deals. Thus, under recently released...

November 23, 2016

RBI doubles cap on PPIs to Rs. 20,000

The Reserve bank of India (RBI) has increased the per month limit of Prepaid Payment Instruments (PPIs) to Rs. 20,000 from Rs. 10,000 and to Rs. 50,000 for...

November 23, 2016

China agrees to import rice from 17 mills in India

China has agreed to import rice, non-basmati and basmati varieties from 17 registered mills in India. These mills are in Punjab, Haryana, Uttar Pradesh and Madhya Pradesh. It...

November 23, 2016

India’s wealth rises and also disparity: Credit Suisse Report

As per a report on global wealth published by Credit Suisse, the total quantum of wealth in India is rising but disparity between rich and poor is also...

November 23, 2016

Pankaj Patel elected as FICCI President for 2017

Pankaj Patel was elected as the President of Federation of Indian Chambers of Commerce and Industry (FICCI) for the year 2017. He will take over after incumbent Ambuja...

November 23, 2016

16 of 22 PSBs skip paying dividends to Government due to mounting NPAs

As many as 16 of 22 public sector banks skipped paying dividends to Government in fiscal 2015-16 due to issue of mounting bad loans. It has led to...

November 21, 2016

India and UK sign three Bilateral Advance Pricing Agreements  

The Central Board of Direct Taxes (CBDT) signed three Bilateral Advance Pricing Agreements (APAs) with the Competent Authority of United Kingdom (UK) to reduce tax litigation. Earlier both...

November 19, 2016

India is non-committal on market economy status for China

India is not inclined to automatically grant the coveted ‘Market Economy Status’ (MES) to China under World Trade Organisation (WTO) norms in December 2016. The main reason India...

November 18, 2016

Iran becomes India's top crude oil supplier  

Iran for the first time ever has surpassed Saudi Arabia to become India’s top crude oil supplier. It was revealed by ship tracking data and a report compiled...

November 18, 2016

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