Page-23 of Current Affairs - March, 2018

CCI imposes Rs. 54 crore fine on 3 airlines for unfair business practices

The Competition Commission of India (CCI) has imposed fine of more than Rs. 54 crore on Jet Airways, InterGlobe Aviation and SpiceJet for unfair business practices with respect to fixing fuel surcharge on cargo transport. The CCI order comes on ..

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India-China trade hits record $84.4 billion in 2017

According to data of Chinese General Administration of Customs, India-China bilateral trade has reached $84.44 billion last year, a historic high with 18.63% year-on-year growth rate. This is regarded as historic landmark in bilateral relations of both countries, as volume ..

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CCEA approves Rs 1,151 crore Scheme for in-situ management of crop residue to fight air pollution

The Cabinet Committee on Economic Affairs (CCEA) has approved Rs. 1,151 crore Central Sector Scheme for in-situ management of crop residue in Punjab, Haryana and Uttar Pradesh and NCT of Delhi. It will promote agricultural mechanization for next two years ..

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Cabinet approves two relief measures for stressed telecom sector

The Union Cabinet has approved two key measures in telecom sector to facilitate investments, consolidation in the sector and enhancing ease of doing business. These include restructuring Deferred payment liabilities of spectrum auction of telecom service providers (TSPs). Revising the ..

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US move to raise import duty on steel may hit India’s steel market: ISA

According to Indian Steel Association (ISA), proposal by Trump administration to levy steep tariff on steel imports may hit India’s domestic steel market. Recently, US had proposed to impose tariffs of 25% on steel imports and 10% on imported aluminium ..

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Balkrishna Doshi wins Pritzker Prize

Legendary Indian architect Balkrishna Doshi (90), a pioneer of low-cost housing design has won the prestigious Pritzker Prize, considered architecture field’s Nobel. He is 45th Pritzker laureate and first from India to receive it. He is one of the last ..

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Cabinet approves MoU between India and Hellenic on Renewable Energy Cooperation

The Union Cabinet has apprised Memorandum of Understanding (MoU) on Cooperation in field of Renewable Energy between India and Hellenic. The MoU was signed by Union External Affairs Minister Sushma Swaraj and H.E. Nikos Kotzias, Minister of Foreign Affairs of ..

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Cabinet approves Migration and Mobility Partnership Agreement between India and France

The Union Cabinet has approved signing of Migration and Mobility Partnership Agreement between India and France. Decision in this regard was taken at the Union Cabinet meeting chaired by Prime Minister Narendra Modi. The agreement will be signed during forthcoming ..

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