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India’s first mega Coastal Economic Zone to come up at JNPT in Maharashtra
The Union Government has given go-ahead for setting up India’s first mega coastal economic zone (CEZ) at Jawaharlal Nehru Port (JNPT) in Maharashtra. The first of its kind mega CEZ will stretch along north Konkan region spread across Mumbai, Thane, ..
Month: Current Affairs - November, 2017
Government to introduce BS-VI auto fuels in Delhi from 2018
The Petroleum Ministry in consultation with Public Oil Marketing Companies (OMCs) has decided for preponement of BS-VI grade auto fuels in National Capital Territory (NCT) of Delhi from 1st April 2018 instead of 1st April 2020. This decision was taken ..
Month: Current Affairs - November, 2017
Government launches BHARAT-22 Exchange Traded Fund
The Union Government launched BHARAT-22 Exchange Traded Fund (ETF) managed by ICICI Prudential Mutual Fund targeting an initial amount of about Rs. 8,000 Crore. Bharat 22 Index comprise of 22 stocks including those of central public sector enterprises (CPSEs), public ..
Month: Current Affairs - November, 2017
10th South Asia Economic Summit held in Nepal
The 10th South Asia Economic Summit (SAES-2017) was held in Kathmandu, Nepal with theme “Deepening Economic Integration for Inclusive and Sustainable Development in South Asia”. The 3-day summit was organised by National Planning Commission and Ministry of Commerce of Nepal ..
Month: Current Affairs - November, 2017
President inaugurates 37th India International Trade Fair in New Delhi
The 37th India International Trade Fair (IITF) was held at Pragati Maidan in New Delhi. The 14-day annual event was inaugurated by President Ram Nath Kovind. It is organised by India Trade Promotion Organisation (ITPO). The theme of fair is ..
Month: Current Affairs - November, 2017
2nd Meeting of EAC-PM focuses on Job Creation, Social Sector and Infrastructure
The Second Meeting of Economic Advisory Council to the Prime Minister (EAC-PM) has spelt out ‘clear road map’ for government to ramp up job creation and infrastructure financing avenues while investing more resources in health, education and skill development. The ..
Month: Current Affairs - November, 2017
Cabinet approves Joint Interpretative Declaration between India and Colombia
The Union Cabinet approved signing of Joint Interpretative Declaration (JID) between India and Colombia regarding existing Agreement for Promotion and Protection of Investments. The agreement was signed between them signed in November 2009. Key Features of JID The JID will ..
Month: Current Affairs - November, 2017
India slips to 7th position in Global Business Optimism Ranking
India has slipped to 7th position in ‘business optimism’ index in September-November quarter period from earlier 2nd slot in the previous July-September quater. The fall in rank clearly shows clear signs of lag in the economy. The index was released ..
Month: Current Affairs - November, 2017
Government doubles import duty on wheat to 20%
The Central Board of Excise and Customs (CBEC) under Union Finance Ministry has doubled import duty on wheat to 20% from 10% to curb cheap shipments and give positive price signal to farmers in ongoing Rabi season. It also imposed ..
Month: Current Affairs - November, 2017
Telangana tops state-wise ease of doing business ranking in 2017
Telangana has topped the yearly state-wise ranking on assessment of implementation of ‘Business Reforms Action Plan’ (BRAP) in 2017. Last year, Telangana was the joint topper with Andhra Pradesh in the ranking. Telangana with an implementation score of 61.83% was ..