Page-73 of Economy & Banking Current Affairs

Maharashtra’s First Electronic Manufacturing Cluster

The Union Ministry of Electronics and IT recently approved the greenfield Electronic Manufacturing Cluster (EMC) at Pune. What is an electronic manufacturing cluster? Electronic Manufacturing Cluster (EMC) is a manufacturing cluster designed and developed to provide the necessary facilities and ..

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North India’s first Hyperscale Data Centre

Uttar Pradesh Chief Minister Yogi Adityanath recently inaugurated Yotta D1 – India’s second and North India’s first hyper-scale data centre – in Greater Noida. What is Yotta D1? Yotta D1 is the first of the 6 data centre buildings currently ..

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GST Collection in October 2022

October 2022 witnessed the second highest collection of GST since the inception of the tax regime. How much GST was collected? The GST collection for October 2022 was Rs 1.52 lakh crore – the second highest collection since the launch ..

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Common Income Tax Return Form

A single income tax return (ITR) form was proposed for all taxpayers. The draft of the proposed form was unveiled recently by the Central Board of Direct Taxes (CBDT) to receive public inputs until December 15. How many kinds of ..

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Invest Karnataka 2022

Invest Karnataka 2022 summit was virtually inaugurated by Prime Minister Narendra Modi recently. What is Invest Karnataka 2022? The Invest Karnataka 2022 summit is a global investment summit that is organized in Bengaluru to attract foreign investments and create a ..

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World Bank study on Energy Prices

The World Bank recently released the October 2022 edition of the Commodity Markets Outlook. What are the key findings of the Commodity Markets Outlook report? The projections of commodity prices are subject to numerous risks. Energy markets are facing significant ..

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IRDAI Committee to expand health insurance coverage

Insurance Regulatory and Development Authority (IRDAI) has set up a consultative committee to expand health insurance cover in India. What is the committee’s purpose? The 15-member committee has been set up for two years by the insurance regulator to achieve ..

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What is Delhi SAMRIDDHI Scheme?

Delhi Lieutenant-Governor Vinai Kumar Saxena launched the SAMRIDDHI 2022-23 scheme on October 26.  Key facts SAMRIDDHI is short for Strengthening and Augmentation of Municipal Revenue for Infrastructure Development in Delhi. It is implemented from October 26 to March 31, 2023. ..

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CCI Penalty on Google

The Competition Commission of India (CCI) has imposed a penalty on Google for abusing its dominance in the Android mobile device ecosystem. Key facts The CCI found that Google abused its dominant positions via online search and app store to ..

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RBIH-IPPB collaboration for innovation

The Reserve Bank of India Hub (RBIH) and the India Post Payments Bank are collaborating to improve society’s access to financial solutions. Key features The RBIH and the IPPB are partnering to design, develop and execute innovative financial products and ..

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