Economy: Current Affairs, GK & News - 2020-2021

India's Seafood exports touch all time high of Rs 33,441 crore

Published: July 3, 2015

India’s seafood exports touched an all-time high at 33,441 crore rupees during the financial year 2014-15. The data was released by Marine Products Export Development Authority (MPEDA). As per data the marine product exports from the country have crossed all time high breaking previous records in quantity, rupee value and dollar terms. The quantity of ..

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C Ramakrishnan appointed as Group CFO of Tata Motors Limited

Published: July 3, 2015

India’s biggest auto maker, Tata Motors Limited has appointed Chandrasekaran Ramakrishnan as chief financial officer (CFO) of its automobile group. He will have tenure of two years and the CFOs of all Tata Motors subsidiaries like Jaguar Land Rover, Daewoo etc. henceforth will report to him. Since 2007, Ramakrishnan has been the CFO of Tata ..

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Greece becomes first developed nation to default IMF debt

Published: July 2, 2015

Greece has become the first developed nation to default on International Monetary Fund (IMF) debt. It has defaulted on a 1.7 billion dollars payment to IMF. The deadline for debt payment was missed by Greece after Eurozone Finance Ministers refused to extend its bailout. They had refused the bailout after Greece rejected the proposal given ..

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World Bank approves $650 million loan for Eastern Dedicated Freight Corridor

Published: July 2, 2015

World Bank has approved an additional loan of 650 million dollars for India’s Eastern Dedicated Freight Corridor (DFC) Project. It was approved in third round of World Bank funding and follows earlier two other loans by the bank for this project. This loan will fund To build 401 km Ludhiana-Khurja section that falls in three ..

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Union Cabinet gives nod for setting up of Online National Agriculture Market

Published: July 2, 2015

Union Cabinet has approved setting up of an Online National Agriculture Market that will provide more options to farmers for selling their produce. Decision in this regard was taken at a Union Cabinet meeting presided by Prime Minister Narendra Modi in New Delhi. For online national agriculture market, an online platform will be set up. ..

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