Page-21 of Current Affairs - August, 2018
Index of Industrial Production (IIP): Industrial output records 5-month high growth of 7% in June 2018
According to data released by Central Statistics Office (CSO), factory output measured in terms of Index of Industrial Production (IIP) had 7% in June 2018, five-month high. This was on account of higher output in mining, manufacturing and power generation ..
Month: Current Affairs - August, 2018
Parliament passes Insolvency and Bankruptcy Code (Second Amendment) Bill, 2018
Parliament has passed Insolvency and Bankruptcy Code (Amendment) Bill, 2018 to bring relief to home buyers and Micro, Small and Medium Enterprises (MSMEs). The Bill replaces ordinance promulgated in this regard and amends Insolvency and Bankruptcy Code, 2016. Key Features ..
Month: Current Affairs - August, 2018
Lok Sabha passes Arbitration and Conciliation (Amendment) Bill, 2018
The Lok Sabha has passed Arbitration and Conciliation (Amendment) Bill, 2018 to help India become hub for domestic and global arbitration for settling commercial disputes. It seeks to amend e Arbitration and Conciliation Act, 1996 which contains provisions to deal ..
Month: Current Affairs - August, 2018
IFFCO forays into food processing, forms JV with Spainish firm
Fertiliser major IFFCO has entered into joint venture with Congelados De Navarra to set up food processing plant at Ludhiana in Punjab with an investment of Rs 325 crore. With this joint venture, co-operative IFFCO for first time will foray ..
Month: Current Affairs - August, 2018
IMF forecasts 7.3% GDP growth for India in 2018-19 and 7.5% in 2019-20
The International Monetary Fund (IMF) in its report has projected India’s GDP growth 7.3% in the 2018-19 fiscal and 7.5% in 2019-2020 on strengthening of investment and robust private consumption. India’s near-term macroeconomic outlook for India is broadly favourable. Key ..
Month: Current Affairs - August, 2018
Cabinet extends tenure of Commission constituted to examine issue of OBC sub-categorisation
Union Cabinet has approved extension of term of Commission to examine the issue of Sub-categorization of Other Backward Classes (OBCs) in Central List till November 2018. This is third extension granted to commission for submission of its politically crucial report ..
Month: Current Affairs - August, 2018
Lok Sabha passes Representation of People (Amendment) Bill, 2017 to allow proxy voting to overseas Indians
Lok Sabha has passed Representation of the People (Amendment) Bill, 2017 by voice vote to extend the facility of ‘proxy voting’ to overseas Indians, on the lines of service voters. The Bill seeks to amend Representation of People Act (RPA), ..
Month: Current Affairs - August, 2018
Cabinet approves raising of four additional battalions of National Disaster Response Force
Union Cabinet has given approval for raising of four additional battalions of National Disaster Response Force (NDRF) to strengthen the India’s disaster response set up. These battalions will be placed in Jammu and Kashmir, Himachal Pradesh, Uttarakhand and Delhi National ..