Page-2 of Economy of India Current Affairs, GK & News

Major global cities to slow down according to research

New research studies have predicted that the growth in major cities around the world will slow down in 2020 and 2021. The Oxford economic researchers reported that out of 10 major cities across the world, 9 will slow down. Of the top 900 cities across the world, nearly two thirds is expected to experience slower ..

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Cabinet approves Sale of Government stake in CPSEs

On 20 Nov, the Union Cabinet approved the sale of government’s stake in Bharat Petroleum Corporation Limited (BPCL), Shipping Corporation of India (SCI) and freight-linked container corporation of India (CONCAR). The move was a major step towards privatization. Finance Minister Nirmala Sitharaman  said  that the government has also approved to bring down the stake in ..

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Cube Highways bid the highest for third lot of TOT projects

Cube Highways has emerged as the highest bidder for the third of the toll-operate-transfer (TOT) projects offered by the National Highways Authority of India.  The National investment and Infrastructure Fund (NIIF) quoted Rs 4,230 crore while Mumbai-based IRB quoted Rs 3,510 crore. TOT model in India has been developed to encourage private participation in the ..

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PMAY empowered millions furthering Ease of Living, says PM Narendra Modi

On the completion of three years of the Pradhan Mantri Awas Yojana, PMAY , Prime Minister Narendra Modi said that  the scheme has significantly contributed in furthering the Eas of Living.  Pradhan Mantri Awas Yojana is an initiative by Government of India in which affordable housing will be provided to the urban poor with a ..

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Workshop on National Pension System (NPS) for Corporates

On 18 Nov, Pension Fund Regulatory and Development Authority (PFRDA) conducted a workshop on National Pension System (NPS) for Corporates in Mumbai. The workshop was organized in association of Maharashtra FICCI. The workshop revealed that overall number of NPS and APY subscribers in the country has crossed 3.12 crores with Asset under Management (AUM) of ..

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