US challenges India’s export subsidy programmes at WTO

The US Trade Representative (USTR) has challenged Indian export subsidy schemes at World Trade Organisation (WTO), saying these programmes harm its manufacturing sector and workers by creating an uneven playing field. Key Facts According to USTR, at least half a ..

Month: Current Affairs - March, 2018

IATA partners with Civil Aviation Ministry and National Aviation University

The International Air Transport Association (IATA) has signed Memorandum of Understanding (MoU) with Ministry of Civil Aviation (MoCA) and National Aviation University (NAU) to enhance human resource availability in India’s aviation industry. Key Facts The three parties to the MoU ..

Month: Current Affairs - March, 2018

IIP expands at 7.5% in January 2018

According to data released by the Central Statistics Office (CSO), India’s factory output, measured by Index of Industrial Production (IIP) recorded overall 7.5% growth in January 2018, indicating early signs of industrial revival. Factory output grew at 7.1% in December ..

Month: Current Affairs - March, 2018

Insolvency and Bankruptcy Board of India inks MoU with RBI

The Insolvency and Bankruptcy Board of India (IBBI) signed Memorandum of Understanding (MoU) with Reserve Bank of India (RBI) for increased cooperation in effective implementation of insolvency law. The MoU was singed at time when authorities are working on ways ..

Month: Current Affairs - March, 2018

India attracts $209 billion FDI in 2014-2017: Government

India has attracted reaching US $208.99 billion foreign direct investment (FDI) during April 2014 to December 2017 period. The main sectors that received maximum FDI include services, computer software and hardware, telecommunications, construction, trading and automobile. Key Facts Foreign investments ..

Month: Current Affairs - March, 2018

Telangana government launches India’s first state-led incubator for women entrepreneurs “WE-Hub”

The Telangana government has launched India’s first state-led incubator for women entrepreneurs, called as Women Entrepreneurship Hub (WE-Hub), in Hyderabad on the occasion of International Women’s Day (IWD-2018). Unlike T-Hub, which is meant for technology startups, WE Hub will be ..

Month: Current Affairs - December, 2020

Indian, French companies ink pacts worth 13 billion euros

Indian and French companies have exchanged 19 contracts and agreements worth over 13 billion euros in sectors including new and renewable energy, smart grid, nuclear energy, aviation, cement, telecom among others. The agreements were formalised at Indo-French Economic Partnership (IFEP) ..

Month: Current Affairs - March, 2018

CP TPP: 11 countries sign revised TPP trade pact without US

11 Pacific Rim countries have formally entered into Comprehensive and Progressive Agreement for Trans-Pacific Partnership or CP TPP or TPP11 in Santiago, Chile. It is revised version of Trans-Pacific Partnership (TPP) proposed by US, that was finalized after US withdrew ..

Month: Current Affairs - March, 2018

Ministry of Micro, Small and Medium Enterprises launches Udyam Sakhi Portal for women entrepreneurs of India

The Ministry of Micro, Small and Medium Enterprises (MSME) launched a Udyam Sakhi portal for women entrepreneurs of India on the occasion of 2018 International Women’s Day: The “www.udyamsakhi.org” portal is a network for nurturing social entrepreneurship and creating business ..

Women Entrepreneurship Platform launched by Union Government

NITI Aayog CEO Amitabh Kant has launched the Women Entrepreneurship Platform (WEP) on the occasion of 2018 International Women’s Day (IWD). The platform aspires to substantially increase the number of women entrepreneurs who will create and empower a dynamic New ..