Economy Current Affairs

The Union Cabinet approved an exclusive subsidy policy for urea produced through coal gasification route by Talcher Fertilizers Limited (TFL). Daily Current Affairs Quiz 2021 Considering the strategic energy security and urea self-sufficiency of the country, looking into the country’s vast coal reserves, it has been decided go ahead with Talcher Fertilizer Limited plant based […]

Eight institutions and individuals have applied for on-tap licences to set up universal banks and small finance banks. Daily Current Affairs Quiz 2021 This comes weeks after RBI set up an advisory panel, led by former deputy governor Shyamala Gopinath, to evaluate applications for universal and small finance banks, which are mandated to focus on

Wholesale-level inflation measured by the Wholesale Price Index (WPI) shot up to 7.39 per cent in March on a year-on-year basis. Daily Current Affairs Quiz 2021 This is the highest wholesale inflation rate since October 2012, and was driven largely by higher prices of crude oil and a surge in price levels of food items

Union Commerce and Industry Minister Shri Piyush Goyal virtually inaugurated e-SANTA, an electronic marketplace providing a platform to connect aqua farmers and the buyers. Daily Current Affairs Quiz 2021 It will enable the farmers to get a better price and the exporters to directly purchase quality products from the farmers enhancing traceability, a key factor

The chemicals and fertilisers ministry has approved 16 applicants under Production Linked Incentive (PLI) scheme for the promotion of domestic manufacturing of critical key starting materials and active pharmaceutical ingredients (APIs) in the country. Daily Current Affairs Quiz 2021 The setting up of these 16 plants will lead to total committed investment of Rs.348.70 crore

The price of Brent crude has fallen under $63 per barrel from a high of $70 per barrel in early March on the back of growing fears about a fall in demand due to new travel restrictions to combat a resurgence in Covid-19 infections and increasing crude oil supply. Daily Current Affairs Quiz 2021 The

RBI Governor Shaktikanta Das-headed rate-setting panel MPC kept the key lending rates unchanged amid a sudden surge in COVID-19 cases across the country. It has decided to keep its short term lending rate or the repo rate unchanged at 4 per cent, in line with market expectations. Daily Current Affairs Quiz 2021 Announcing the monetary

The Centre has decided to retain the inflation target of 4%, with a tolerance band of +/- 2 percentage points for the Monetary Policy Committee of the Reserve Bank of India for the coming five years. Daily Current Affairs Quiz 2021 This is the retail inflation target that will drive the country’s monetary policy framework