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Global Economic Prospects 2019
The Global Economic Prospects 2019 released by the World Bank makes the following observations: Global real GDP growth forecast has been reduced to 2.6% for 2019. The estimate was down by 0.3%age points from its previous forecast in January. There ..
SEBI Proposes Changes to FPI rules
The HR Khan committee constituted by the Securities and Exchange Board of India (SEBI) has proposed wide-ranging changes to the foreign portfolio investment (FPI) regime. The changes proposed are aimed at boosting capital flows into the country by improving the ..
Govt relaxes norms for Start-ups
The government has relaxed the norms under the definition of Start-Ups. The changes brought in are: The investment limit of angel investors to seek exemption under the Income Tax Act, 1961 has been increased to Rs 25 crore from 10 Crore. ..
Month: Current Affairs - February, 2019
How JNPT surged into top 30 of Lloyds Report?
India’s premier container port Jawaharlal Nehru Port Trust (JNPT) has become India’s only port to get listed among the top 30 global container ports in Top 100 Container Ports report. JNPT has notched up five spots, to be 28th on the list, compared ..
Month: Current Affairs - January, 2019
Vibrant Gujarat Global Summit 2019
Prime Minister Narendra Modi inaugurated the 9th edition of Vibrant Gujarat Summit. On the occasion, the Prime Minister also set the target for breaching into top 50 rankings of the ease of doing business. The three-day Vibrant Gujarat Summit will witness the participation ..
Month: Current Affairs - January, 2019
Government promulgates Companies (Amendment) Ordinance, 2019
The government has re-promulgated the Companies (Amendment) Ordinance, 2019 to amend the Companies Act 2013. Even though the Companies (Amendment) Bill, 2018 for this effect was passed in Lok Sabha, it was pending before Rajya Sabha. The ordinance was first ..