India ranks 44 in US Chamber's Intellectual Property Index

India was ranked 44th out of 50 countries in the Intellectual Property (IP) Index released by US Chamber of Commerce. Last year, India was ranked 43rd out of 45 countries in index, with an overall score if 8.4 points. The ..

Month: Current Affairs - February, 2018

Cabinet approves Discovered Small field Round II

The Union Cabinet has approved second round of Discovered Small Field (DSF) auctions under Discovered Small Field Policy. The auction will offer total of 60 discovered small fields/un-monetized discoveries with an estimated 194.65 Million Metric tonnes of oil. Key Facts ..

Month: Current Affairs - February, 2018

New Delhi hosts 5th edition of South Asia Region Public Procurement Conference

The 5th edition of the South Asia Region Public Procurement Conference (SARPPC-2018) was inaugurated by Arun Jaitley, the Union Minister of Finance and Corporate Affairs, in New Delhi on February 5, 2018. The theme of the conference is “Public Procurement ..

Ministry of Commerce and Industry launches Start-up-India ranking framework

Suresh Prabhu, the Union Minister of Commerce and Industry, has launched the Start-up-India ranking framework in New Delhi to help the Startup India initiative to drive economic growth of the country. The tools are: the State and Union Territory Startup ..

Government to ban cryptocurrencies from its payments system

The Union Finance Ministry is planning to ban cryptocurrencies from payments system and at the same time appoint regulator to oversee unregulated exchanges that trade in crypto assets. The Dinesh Sharma committee constituted by the Government to look into issues ..

Month: Current Affairs - February, 2018

CriSidEx: CRISIL, SIDBI launches India’s first MSE Sentiment Index

The SIDBI (Small Industries Development Bank of India) and ratings agency Crisil have launched CriSidEx, India’s first MSE Sentiment Index for micro, small and medium enterprises (MSMEs). The index will help to indicate the current state and expected outlook on ..

Month: Current Affairs - February, 2018

Highlights Budget 2018-19

Union Finance minister Arun Jaitley presented Union Budget 2018 in Parliament. It is last full budget of Narendra Modi Government before 2019 Lok Sabha elections. Economic Health Economy firmly on course to achieve high growth of 8%. GDP growth at ..

Month: Current Affairs - February, 2018

India 6th wealthiest country: New World Wealth Report

According to New World Wealth Report, India was ranked sixth in list of wealthiest countries with total wealth of US $8,230 billion in 2017. The total wealth, refers to private wealth held by all individuals living in each country/city. It ..

Month: Current Affairs - January, 2018

Highlights of Economic Survey 2017-18

Union finance Minister Arun Jaitley tabled the Economic Survey 2017-18 in Parliament during 2018 budget session. The survey was authored by chief economic adviser in the finance ministry Arvind Subramanian. The survey projects economy to grow in the range of ..

Month: Current Affairs - January, 2018

United States secures top spot for global investment, as per latest PwC 21st CEO Survey 2018

As per latest PwC 21st CEO Survey 2018, the United States has acquired the top spot for global investment, followed by China, Germany, United Kingdom (UK), India and Japan. The survey reveals surprising faith and optimism among CEOs in the ..