Page-20 of Business
NITI Aayog launches Pitch to MOVE competition
NITI Aayog has launched mobility pitch competition Pitch to MOVE to provide budding entrepreneurs of India unique opportunity to pitch their business ideas to distinguished jury. Using this platform, startups working in various fields of mobility can pitch their ideas to ..
Month: Current Affairs - August, 2018
Rupee for first time hit historic low of Rs. 70 mark against US dollar
Indian rupee for first time in history plunged to record low of Rs. 70.07 against US dollar on 14 August 2018. However, it recovered later at around Rs. 69.84 after heavy intervention by Reserve Bank of India (RBI). This sudden ..
Month: Current Affairs - August, 2018
Government approves proposal for setting up of water aerodromes in the country
Union Civil Aviation Ministry has given in-principle approval to set up water aerodromes in the country. To start with it has identified five states: Odisha, Gujarat, Maharashtra, Andhra Pradesh and Assam for development of water aerodromes. In the first phase ..
Month: Current Affairs - August, 2018
Projects for Defence Industrial Corridor launched in Aligarh, UP
The projects for defence industrial corridor in Aligarh, Uttar Pradesh were launched recently by Union Defence Minister Nirmala Sitharaman and Uttar Pradesh Chief Minister Yogi Adityanath. It was launched as part of the Union Government’s efforts to develop specialised zones ..
Month: 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
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 ..