Economy Current Affairs

Cabinet approved Externally Aided Dam Rehabilitation and Improvement Project

Cabinet approved Externally Aided Dam Rehabilitation and Improvement Project

The Cabinet Committee on Economic Affairs has approved the Dam Rehabilitation and Improvement Project (DRIP) Phase II & Phase III with the financial assistance of the World Bank (WB), and Asian Infrastructure Investment Bank (AIIB) to improve the safety and operational performance of selected dams across the whole country, along with institutional strengthening with system […]

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NTPC tied up 50 bn yen funding under Japan Bank's GREEN initiative

NTPC tied up 50 bn yen funding under Japan Bank’s GREEN initiative

In the first funding for NTPC Ltd under Japan Bank for International Co-operation (JBIC)’s GREEN or Global Action for Reconciling Economic growth and Environment preservation initiative, India’s largest power producer entered into foreign currency loan agreement with Japanese financial institution for JPY 50 billion (approx $ 482 million/Rs 3,582 crore). Daily Current Affairs Quiz 2020

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GIFT IFSC prescribed framework for listing of Depository Receipts

GIFT IFSC prescribed framework for listing of Depository Receipts

The International Financial Services Centres Authority (IFSCA), with an objective to develop the financial products and financial services in the Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC) has prescribed the regulatory framework for listing of Depository Receipts (DRs). Daily Current Affairs Quiz 2020 Key-Points The framework provides for listing of DRs by

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AIM Launched India–Australia Circular Economy Hackathon (I-ACE)

AIM Launched India–Australia Circular Economy Hackathon (I-ACE)

AIM (Atal Innovation Mission), in association with CSIRO, is organizing a two-day hackathon on circular economy, ‘India–Australia Circular Economy Hackathon (I-ACE)’, on 7 and 8 December. Daily Current Affairs Quiz 2020 Key-Points  The idea of I-ACE was conceived during a virtual summit on 4 June, between the Indian and Australian prime ministers, exploring innovative ways

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