Current Affairs

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Page-29 of Topic: Economy of India

30 new activities brought under NREGS

The government has amended Schedule-I and Schedule-II of the Mahatma Gandhi National Rural Employment Guarantee (MGNREG) Act, 2005. There is now an expansion of the scope of activities...

May 11, 2012

Govt disallows $1.24 bn RIL cost recovery

The Petroleum Ministry disallowed the RIL’s (Reliance Industries Ltd) $1.24 billion cost recovery from its investment in the KG-D6 field, in the Krishna-Godavari (KG) basin. RIL has already...

May 7, 2012

NPS Lite accounts cross 11 Lakh mark

In terms of the number of accounts opened, the New Pension System (NPS) – Lite scheme meant for the economically disadvantaged, has left behind its older twin NPS-Main...

May 6, 2012

Govt proposes a board for growth of auto sector

NAB: National Automative Board The government has finalized the proposal to set up NAB under the Department of Heavy Industry to support fresh initiatives for the growth of...

April 28, 2012

PM inaugurates “Guru Gobind Singh Refinery” in Bathinda

Prime Minister Dr. Manmohan Singh inaugurates the “Guru Gobind Singh Refinery” at Bathinda in Punjab. Guru Gobind Singh Refinery (GGSR) is a refinery owned by Hindustan Mittal Energy...

April 28, 2012

SC panel to recommend SIM card issuance procedure to Telcom firms

The Supreme Court has set up a joint expert panel to recommend the procedure for the telecom firms for properly identifying the customers before issuing SIM cards to...

April 27, 2012

RBI doubles home loan limit to Rs. 10 lakh to promote housing for low income groups

The RBI has doubled the limit for home loans from Rs 5,00,000 to Rs 10,00,000 for consideration under Priority Sector Lending. This move was taken by RBI in...

April 26, 2012

Green tribunal says ‘NO’ to Jindal Steel

The National Green Tribunal (NGT) set aside the Environmental Clearance (EC) granted to the 4 MTPA Coal Mining Project of Jindal Steel and Power Ltd and 4 MTPA...

April 22, 2012

C. Rangarajan: Indian economy to grow at 7.5% in 2012-13

As per C. Rangarajan, Chairman, Economic Advisory Council to the Prime Minister, the Indian Economy is anticipated to record an ameliorated performance during the 2012-13 fiscal with a...

March 5, 2012

Government decides to study the ONGC auction before further stake sales

Government  to study the ONGC auction process before moving ahead with further stake sale of companies. With LIC (Life Insurance Corporation) coming to the rescue the last moment,...

March 3, 2012

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