Page-3 of Economy of India

HPCL and Power Grid Corporation get Maharatna status in October 2019

Government of India has accorded ‘Maharatna’ status to public sector undertaking’s (PSU’s) Hindustan Petroleum Corporation Limited (HPCL) and Power Grid Corporation. Two separate orders to this effect were issued by Department of Public Enterprises, under Union Ministry of Heavy Industry ..

Thakur Anup Singh wins Udyog Rattan Award-2019 of Institute of Economic Studies

Thakur Anup Singh, CMD of Marg ERP, has won the prestigious Udyog Rattan Award-2019 for his exceptional work in transforming how MSMEs can accelerate their business by using technology. The award is conferred annually to Indian citizens for their outstanding ..

Rajnish Kumar appointed as new chairman of Indian Banks’ Association

SBI chairman Rajnish Kumar has been appointed as the new chairman of Indian Banks’ Association (IBA) for 2019-20. He succeeded Sunil Mehta, who was the MD & CEO of Punjab National Bank (PNB). The IBA represents banks’ interests with the ..

K Satish Reddy appointed as President of Indian Pharmaceutical Alliance

K Satish Reddy, Chairman of Dr Reddy’s, has been appointed as President of the Indian Pharmaceutical Alliance (IPA) for 2019-2021. The IPA represents research-based National Pharmaceutical Companies.

Banking Reforms during Liberalization

The economic liberalization in India refers to the economic liberalization of the country’s economic policies, initiated in 1991 with the goal of making the economy more market-oriented and service-oriented, and expanding the role of private and foreign investment. The basic ..

First ever India International Cooperatives Trade Fair (IICTF) started in New Delhi

The first-ever India International Cooperatives Trade Fair (IICTF) has started at Pragati Maidan in New Delhi on 11th October 2019. The 3-day fair is a major platform to promote export of Indian cooperative produce which will lead to enhanced rural ..