IFC Current Affairs, GK & News

Indian PMO secretaries to hold key positions in WTO, World Bank

The Private secretary of Prime Minister Modi Rajeev Topno was recently appointed as the Senior Advisor to the Executive Director of World Bank. Also, a joint secretary at the Prime Minister Office (PMO) was appointed to the World Trade Organization as an ambassador Highlights Besides these officers, five other officers have been appointed abroad where ..

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Indian American nominated as OECD Envoy by the US President Trump

On May 6, 2020, the US President Donald Trump appointed Indian American Diplomat Manisha Singh as his envoy to OECD (Organization for Economic Cooperation and Development). Highlights Manisha Singh was the secretary of State for Economic and Business Affairs. She will now act as US representative to OECD. She had also served as secretary of ..

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Kerala to Tap Masala Bond Market

The state-owned Kerala Infrastructure Investment Fund Board (KIIFB) debuted its ‘masala bond’ issue of Rs 2,150 crore at the London Stock Exchange. With the issue, Kerala has become the first Indian state to tap into masala bond market. The proceeds from the bond issue are slated to be used to part-finance the rebuilding of infrastructure ..

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IBBI Signs Cooperation Agreement with IFC

The Insolvency and Bankruptcy Board of India (IBBI) has signed a cooperation agreement with the International Finance Corporation (IFC) to assist IBBI in further building the capacity of insolvency professionals and insolvency professional agencies for the purpose of the bankruptcy code. Strengthening IBBI IBBI established under the Insolvency and Bankruptcy Code, 2016 provides a platform ..

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The Information Fusion Centre – Indian Ocean Region (IFC-IOR) launched in Gurugram

Nirmala Sitharaman, the Defense Minister of India, has launched the Information Fusion Centre – Indian Ocean Region (IFC-IOR) to boost maritime security at Information Management and Analysis Centre (IMAC) Gurugram on 22 Dec 18. IFC will function as a platform where multiple friendly nations can freely exchange non-sensitive information. The intention of this collaborative endeavour ..

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