The Union Budget has announced the privatisation of two public sector banks (in addition to IDBI Bank) and one general insurance company in the upcoming fiscal. Daily Current Affairs Quiz 2021 It also announced a strategic sale/disinvestment policy for four strategic sectors — including banking, insurance and financial services — in which it will have […]
The Securities and Exchange Board of India (SEBI) imposed a penalty of ₹ 1 crore on the National Stock Exchange (NSE) in the co-location case for failing to ensure a level playing field for trading members subscribing to its TBT (Tick-by-Tick) data feed system. Daily Current Affairs Quiz 2021 The NSE is facing allegations that
SEBI imposes ₹1 crore penalty on NSE in co-location case Read More »
The Prime Minister of India visited Haldia, West Bengal and dedicated to the nation the LPG import terminal, 348 km Dobhi – Durgapur Natural Gas Pipeline section, which is part of the Pradhan Mantri Urja Ganga project. Daily Current Affairs Quiz 2021 He also laid the foundation stone of the second Catalytic-Isodewaxing unit of Haldia
PM dedicates Haldia LPG import terminal to the nation Read More »
The Reserve Bank of India (RBI) will give small investors direct access to its government securities trading platform. Daily Current Affairs Quiz 2021 Retail investors can directly open their gilt accounts with RBI, and trade in government securities. The RBI Governor described this as a “major structural reform.” Government Securities (or g-secs) are debt instruments
The NITI Aayog has commissioned a study that seeks to examine the “unintended economic consequences” of judicial decisions that have hindered and stalled big-ticket projects on environmental grounds. Daily Current Affairs Quiz 2021 The document appears to suggest that judgments that negatively impact major infrastructure projects don’t adequately consider the economic fallout — in terms
NITI Aayog study to track economic impact of green verdicts Read More »
Union Finance Minister Nirmala Sitharaman announced measures to ease norms on setting up one-person companies (OPCs). Daily Current Affairs Quiz 2021 As the name suggests, a one-person company is a company that can be formed by just one person as a shareholder. In India, the concept was introduced in the Companies Act of 2013. Its
Measures to ease norms on setting up one-person companies (OPCs) Read More »
The Central Bank of Sri Lanka (CBSL) settled a $ 400 million currency swap facility from the Reserve Bank (RBI) of India last week, meeting the terms that the two countries had agreed upon. Daily Current Affairs Quiz 2021 The update sparked speculation in local media that India may have “abruptly terminated” the agreement, following
Central Bank of Sri Lanka repays swap line facility with RBI Read More »
The first High-Level Dialogue (HLD), co-chaired by the Minister of Commerce and Industry Piyush Goyal and the European Union Executive Vice-President and Trade Commissioner Valdis Dombrovskis. Daily Current Affairs Quiz 2021 Commitment to the establishment of this Dialogue was a major outcome of the 15th India-EU Leader’s Summit held in July 2020, with an objective
First India-EU high-level dialogue on trade, investment held Read More »
The country was provided much-needed clarity over the government’s plan to revive an ailing Indian economy when Finance Minister Nirmala Sitharaman announced the Union Budget for the upcoming fiscal year. Daily Current Affairs Quiz 2021 To be adopted for the first time in the country in Maharashtra’s Nashik, MetroNeo is a comfortable, rapid, energy-efficient and
Budget greenlights Maha’s Metro Neo project in Nashik Read More »
The Fiscal deficit for the financial year 2021-22 pegged at 6.8 percent. The Total resources being transferred to the states including the devolution of states share, grants, loans and releases under centrally sponsored scheme in budget estimate for the fiscal is 13 lakh 88 thousand 502 crore rupees which shows an increase of 74 thousand
