Adoption of world’s first single charger rule

The European Parliament has approved the new rule to introduce single charging port for electronic gadgets by 2024 in the EU. Key facts The new EU law states that all new smartphones, tablets and camera will have a single standard ..

Month: Current Affairs - October, 2022

Category: Environment Current Affairs • International / World Current Affairs • Legal & Constitution Current Affairs

India becomes newest member of European Bank for Reconstruction and Development

India has become the 69th shareholder of the European Bank for Reconstruction and Development (EBRD). This move will enable Indian companies to undertake joint investments in regions in which the EBRD operates. Here, India takes a shareholding in the EBRD ..

European Bank for Reconstruction and Development approves India’s membership

The European Bank for Reconstruction and Development (EBRD) has recently approved India’s membership after its shareholders gave their nod to make India its 69th member. The formal membership process will now get underway, which includes the purchase of shares by ..

Union Cabinet approves India’s membership for EBRD

The European Bank for Reconstruction & Development (EBRD) is an international financial institution founded in 1991. Its headquarters is located at London, England. It is in news recently because the Union Cabinet, chaired by Prime Minister Narendra Modi, has recently ..

The European Investment Bank (EIB) signed € 300 million of loan pact with India for Bangalore Metro Rail Project Phase II

The European Investment Bank (EIB) has signed the Finance Contract with India to € 300 million for Bangalore Metro Rail Project Phase II Line R6. The objective of the project is to bring in a quantum improvement in the transportation ..

The Asian Development Bank (ADB) sanctioned $300 million of loan facility to carry forward fiscal reforms in West Bengal

The Asian Development Bank (ADB) has sanctioned $300 million loan facility to continue a comprehensive series of fiscal reforms in West Bengal to bring about more accessible, affordable, and high quality public services. The new loan programme, which will be ..