Page-11 of Business
IIM Calcutta Innovation Park, ICC sign MoU for energising startup ecosystem in East and Northeast India
IIM Calcutta Innovation Park and Indian Chamber of Commerce (ICC) signed Memorandum of Understanding (MoU) for energising start-up ecosystem in East and Northeast India. The MoU will bring incubator and industry toghether in more formal way. IIM Innovation Park is ..
Month: Current Affairs - November, 2018
Prime Minister launches Ease of Doing Business Grand Challenge
Prime Minister Narendra Modi launched Ease of Doing Business Grand Challenge on resolving seven identified Ease of Doing Business problems with use of cutting edge technologies. It was launched during programme organized by PM for interaction with select CEOs from ..
Month: Current Affairs - November, 2018
BSE to cut ties with S&P Dow Jones Indices LLC; develop own in-house indices
Asia’s oldest bourse BSE has decided to snap ties with S&P Dow Jones, which manages and operates benchmark Sensex. Now it is planning to develop indices through its own in-house development team. Key Facts The two entities had announced joint ..
Month: Current Affairs - November, 2018
Industrial production, measured in terms of IIP grows 4.5% in September 2018
According to data released by Central Statistics Office (CSO), factory output measured in terms of Index of Industrial Production (IIP) grew 4.5% in September 2018. It was slowest pace in four months mainly due to poor performance of mining sector ..
Month: Current Affairs - November, 2018
SEBI tightens disclosure and review norms for credit rating agencies
Securities and Exchange Board of India (SEBI) has tightened disclosure standards for credit rating agencies (CRAs) while assigning ratings to debt instruments. It has ordered CRAs to analyse deterioration in liquidity conditions of issuer, while monitoring its repayment schedules and ..
Month: Current Affairs - November, 2018
CCEA approves Strategic Sale of Government Equity in Dredging Corporation Of India
Cabinet Committee on Economic Affairs (CCEA) has approved strategic disinvestment of 100% Government of India’s shares in Dredging Corporation of India Limited (DCIL) to consortium of four ports. Presently, Central Government holds 73.44% shares in DCIL. The consortium of four ..
Month: Current Affairs - November, 2018
India overtakes US to become 2nd largest smartphone market behind China
According to research firm Canalys, India has overtaken US to become second largest smartphone market in the July-September 2018 quarter. India saw shipment of 40.4 million units during third quarter and was second to China where 100.6 million smartphones were ..
Month: Current Affairs - November, 2018
RBI liberalises norms governing external commercial borrowings for infrastructure creation
Reserve Bank of India (RBI) has liberalised norms governing external commercial borrowings (ECBs) for infrastructure creation. The provisions have been reviewed and decision has been taken in consultation with Central Government. Key Facts RBI has reduced minimum average maturity required ..