Current Affairs

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Page-82 of Topic: Business

NTPC partners with Coal India Limited to foray into fertilizer sector

State-run power producer NTPC has signed a joint venture agreement (JVA) with state-run miner Coal India Limited (CIL) to revive plants of the Fertilizer Corporation of India Limited...

May 17, 2016

India, China and four others courtiers sign pact on tax info sharing

India and other 5 countries viz. Canada, Iceland, Israel, New Zealand and China have signed OECD’s (Organisation for Economic Co-operation and Development) Multilateral Competent Authority Agreement in Beijing...

May 13, 2016

TRAI penalty on Telcos for call drops illegal: SC

The Supreme Court of India has ruled that Telecom companies will not compensate mobile phone users for inconvenience caused by call drops. In this regard, the apex court...

May 12, 2016

NPPA fixes ceiling price of 54 drug formulations

The National Pharmaceutical Pricing Authority (NPPA) has fixed ceiling price of 54 drug formulations used for treatment of cancer, bacterial infections, diabetes and hypertension. NPPA has revised/fixed the...

May 12, 2016

Reliance Jio launches JioMoney Wallet service

Mukesh Ambani-owned Reliance Jio Infocomm has launched digital wallet service, named JioMoney Wallet, for Indian consumers. JioMoney is a semi-closed prepaid wallet that aims to enable mobile-based transactions....

May 12, 2016

Parliament passes Insolvency and Bankruptcy Code Bill, 2016

The Parliament has passed the Insolvency and Bankruptcy Code Bill, 2016. It was first passed in Lok Sabha and later in Rajya Sabha in the month of May,...

May 12, 2016

India ranks ninth in 2015 Crony-Capitalism Index

India is ranked ninth in 2015 Crony-Capitalism Index with crony sector wealth accounting for 3.4 per cent of the gross domestic product (GDP). The index was based on...

May 9, 2016

Union Government starts UBIN drive for budding entrepreneurs

The Union Government has started the process for issuance of Unique Business Identification Number (UBIN) to enable budding entrepreneurs set up their business without any delays. The drive...

May 8, 2016

Union Government clears Infosys proposal to set up IT SEZ in Bengaluru

Union Government has approved the proposal of Infosys to set up an IT/ITeS special economic zone (SEZ) in Bengaluru, Karnataka in an area spread over 4 hectares. Decision...

May 7, 2016

Bangladesh Government gives nod to Reliance Power’s LNG-based plant

Bangladesh Government has given its in-principle approval to Anil Ambani-led Reliance Power’s first phase of the 3,000 MW LNG-based power plant at Meghnaghat in Narayanganj district. This approval...

May 6, 2016

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