Page-67 of Economy & Banking Current Affairs

National level Multi-state cooperative export society

January 12, 2023

Recently, the Indian government has approved the setting up and promotion of a National Level multi-state cooperative export society. The decision was made during a meeting of the Union Cabinet, chaired by Prime Minister Narendra Modi. The society will operate ..

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Incentive scheme for promotion of RuPay Debit Cards

January 12, 2023

The Indian government has recently approved an incentive scheme worth Rs 2,600 crore to promote Rupay debit card and low-value BHIM-UPI transactions in the current financial year. The decision was made during a meeting of the Cabinet Committee on Economic ..

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Union Minister Narayan Rane launches web portal for RAMP

January 11, 2023

In an effort to scale up the implementation capacity and coverage of Micro, Small, and Medium Enterprises (MSMEs) in the country, the Minister of MSMEs, Narayan Rane recently launched the web portal for the Rs 6,062.45 crore World Bank-assisted central ..

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Bengaluru Dominates Startup Funding in India with $10.8 Billion in 2022

January 11, 2023

In 2022, Bengaluru, the technology capital of India, has topped the startup funding chart with a whopping $10.8 billion, according to data provided by Tracxn, a global market intelligence platform. Mumbai, the financial capital of India, followed close behind with ..

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RBI Releases Annual Report on Ombudsman Schemes

January 9, 2023

The Reserve Bank of India (RBI) has released its annual report on the “consumer education and protection activities” carried out during the 2021-2022 financial year as part of its Ombudsman Schemes. The report covers the activities of the three ombudsman ..

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Google- CCI Row- Update

January 9, 2023

Within days of the National Company Law Appellate Tribunal (NCLAT) denying Google’s request for a stay on the Competition Commission of India’s (CCI) ruling in the Android case, the tech giant filed an appeal with the Supreme Court (SC) against ..

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Reserve Bank of India to Issue Sovereign Green Bonds

January 7, 2023

The Reserve Bank of India (RBI) has announced its plans to issue Sovereign Green Bonds worth Rs 8,000 crore in two tranches on January 25 and February 9. The proceeds of the bonds will be used to fund public sector ..

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NSO First Advance Estimates of National Income

January 7, 2023

The National Statistical Office (NSO), a division of the Ministry of Statistics and Programme Implementation, has released its First Advance Estimates (FAE) of national income for the financial year 2022-23 at both constant (2011-12) and current prices. These estimates, which ..

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Startup India Innovation Week

January 6, 2023

The Department for Promotion of Industry and Internal Trade (DPIIT) will be organizing the Startup India Innovation Week from January 10th to January 16th, 2023. This event is part of the Azadi Ka Amrit Mahotsav celebrations and will take place ..

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ADB’s Recent Loans to 4 States

January 4, 2023

The Asian Development Bank (ADB) recently signed a loan agreement with the Indian government to provide $1.22 billion in funding for projects aimed at improving connectivity and infrastructure in four Indian states. The loan will cover a range of projects ..

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