National Optic fibre Network Current Affairs, GK & News

NBFCs to function in GIFT city, Gujarat

The International Financial Service Centre recently granted permission for the Non-Banking Finance Companies to operate in Gujarat GIFT City. The NBFCs will now be allowed to offer whole range of services such as loans, investment banking, exotic derivative trades and third-party product sales. Significance The move will attract top financial services from all over the ..

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Union Cabinet Decisions: Key Highlights

Context in Current Affairs: The Union Cabinet chaired by PM Modi recently approved on several decisions. India-Luxembourg The cabinet approved on the Memorandum of Understanding signed between India and Luxembourg. The agreement was signed between SEBI (Securities and Exchange Board of India) and Commission de Surveillance du Secteur Financier (CSSF) of Luxembourg. The MoU will ..

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Phase 1 of Bharat Net project to be completed by December 2017

The first phase of national optic fibre network christened as Bharat Net project will be completed by December 2017, thus providing internet access to 100,000 gram panchayats. It was announced in ‘i-Bharat 2017’ conference organised by industry body FICCI in association with Ministry of Electronics and Information Technology based on theme of ‘ICT Elucidations for ..

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