Page-44 of Economy & Banking Current Affairs

49th meeting of GST Council

February 18, 2023

The GST Council makes recommendations to the Union Government and the State Government based on the issues related to GST. There are 33 members of the council. Of these 31 are from states and UT and 2 are from the ..

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Manipur hosts B20 Conference

February 18, 2023

On the sidelines of the G20 summit, the State of Manipur hosted the B20 conference. The theme of the conference was Sustainable Growth and Development. It was in line with the theme of the G20 summit, which is One Earth ..

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One Year of India-UAE CEPA

February 18, 2023

India and UAE signed the Comprehensive Economic Partnership Agreement in 2022. In 2023, the countries celebrated one year of signing the agreement recently. CEPA is a Free Trade Agreement. With UAE, India signed CEPA on agriculture, taxation, customs valuation, trade ..

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Qatar lifts temporary ban on Indian Frozen Seafood

February 18, 2023

In November 2022, Qatar detected Vibrio Cholera in Indian consignments. Following this, the country banned seafood from India. This was done just before the FIFA world cup. Qatar hosted the 2022 FIFA and testing laboratories were occupied with FIFA-related assignments. ..

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NASSCOM Report on AI skill penetration

February 18, 2023

The National Association of Software and Services Companies, NASSCOM released a report on “Artificial Intelligence Penetration”. The report was launched along with DRAUP and SALESFORCE. According to the report, the AI penetration of India is 3.09. This is the highest ..

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Ethanol interest subvention scheme- Updates

February 18, 2023

The Government of India recently approved nine ethanol blending projects. These projects are to be implemented under the Ethanol Interest Subvention Scheme. The newly added projects are expected to produce 35 crore litres of ethanol. Of these nine, three are ..

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BEL and Israel Aerospace to form JV

February 18, 2023

The Bharat Electronics Limited operating under the defence ministry recently signed a Memorandum of Understanding with the Israel Aerospace Industries (IAI) at the Aero India Air Show. According to the agreement, BEL and IAI will establish a joint venture. The ..

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New market segment for EXPENSIVE power

February 18, 2023

The Central Electricity Regulatory Commission recently approved a proposal to start a separate market for expensive power. These expensive power markets are usually referred to as spot power markets. What is expensive power according to the regulatory body? Electricity derived ..

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