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Pune tops in urban governance: ASICS 2017 report
Pune was ranked first among 23 cities across India in terms of quality of urban governance in the fifth edition of Annual Survey of India’s City-Systems (ASICS) 2017 report released by Bengaluru-based non-profit organisation, Janaagraha. ASICS 2017 The objective of ..
Month: Current Affairs - March, 2018
India ranks 78th on WEF Energy Transition Index
India was ranked at 78th among 114 countries on World Economic Forum’s (WEF) Energy Transition Index (ETI) released as part of report titled Fostering Effective Energy Transition. The index ranks countries on how well they are able to balance energy ..
Month: Current Affairs - March, 2018
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 ..