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CCEA approves Minimum Support Prices for Raw Jute for 2018-19 season
The Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi has given its approval for increase in Minimum Support Price (MSP) for Raw Jute for 2018-19 season. The MSP for Fair Average Quality (FAQ) of Raw Jute ..
Month: Current Affairs - April, 2018
Women Entrepreneurship Platform (WEP)
NITI Aayog launched the Women Entrepreneurship Platform (WEP), on the occasion of International Women’s Day. The initiative is aimed at building an ecosystem for women across India to realize their entrepreneurial aspirations, scale-up innovative initiatives and chalk-out sustainable, long-term strategies ..
Indian Accounting Standards (IND-AS)
Indian Accounting Standard (abbreviated as Ind-AS) is the Accounting standard adopted by companies in India and issued under the supervision of Accounting Standards Board (ASB) which was constituted as a body in the year 1977. ASB is a committee under Institute of Chartered Accountants of ..
i-Create: International Centre for Entrepreneurship and Technology
Prime Minister Narendra Modi and his Israeli counterpart Benjamin Netanyahu inaugurated the iCreate centre in Ahmedabad. Called as the International Centre for Entrepreneurship and Technology (iCreate), the venture has been started to promote and nurture entrepreneurs by providing them finance, mentors and ..
India highest recipient of Remittances in 2017: World Bank
According to recently released Migration and Development Brief by World Bank, India has retained top position as recipient of remittances with about $69 billion in 2017. India was followed by China ($64 billion), Philippines ($33 billion), Mexico ($31 billion), Nigeria ..
Month: Current Affairs - April, 2018
TCS becomes first listed Indian IT firm to hit $100 billion market capitalisation
Tata Consultancy Services (TCS) has created history by becoming the first listed Indian IT company to hit the $100 billion market capitalisation (m-cap) mark. On April 23, 2018, the market value of the company stood at Rs 6.53 lakh crore. ..
Month: Current Affairs - April, 2018
TCS becomes India’s first $100 billion IT company
Tata Consultancy Services (TCS), the country’s largest IT outsourcing company created history by becoming the first Indian company to reach $100 billion market capitalisation (m-cap) milestone. Market capitalisation is value of company that is traded on stock market, calculated by ..
Month: Current Affairs - April, 2018
India, Finland settle Nokia tax dispute under MAP
India and Finland have reached an agreement on the tax dispute with Nokia under Mutual Agreement Procedure (MAP) system. The resolution covers disputes pertaining to Nokia India as well as Nokia Corp. This involves payment of Rs 1,600 crore, a ..