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

USA- France trade dispute

Published: December 4, 2019

The tariff dispute between USA and France has started affecting bilateral trade. Recently, USA threatened to impose a 100% tariff on French imports such as wine, cheese and handbags. The threat comes in light of the recently announced French digital tax or the GAFA tax. The GAFA tax levies a 3% taxation on tech giants ..

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Government to launch first fixed income ETF of bluechip PSUs

Published: November 22, 2019

Union Government will launch India’s first fixed income Exchange Traded Fund (ETF) comprising debt securities of large central public sector enterprises (PSUs) by mid-December 2019. It will comprise only AAA-rated papers of the PSU companies. It is expected to have a size of Rs 15,000 crore to Rs 20,000 crore. It is expected to improve ..

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5th India – Europe 29 Business Forum held in New Delhi

Published: November 21, 2019

The 5th edition of India-Europe 29 Business Forum was recently held at Pravasi Bharatiya Kendra in New Delhi from 20 to 21 November 2019. It was organized by industry body Confederation of Indian Industry (CII) and Union Ministry of External Affairs. It saw participation of some 400 delegates from 29 European countries. The focus sectors ..

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India appeals against WTO panel’s ruling on export promotion schemes

Published: November 20, 2019

On 18 Nov, India appealed against a World Trade Organization (WTO) dispute settlement panel’s ruling that had recommended withdrawal of its key export subsidy schemes, including the one for special economic zones in the next 90-180 days. Recently, WTO had ruled that exports subsidy programmes Merchandise Exports from India Scheme (MEIS), Export Oriented Units Scheme ..

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Workshop on National Pension System (NPS) for Corporates

Published: November 19, 2019

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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