Page-47 of Business
Mumbai 12th richest city globally: Report
India’s financial capital Mumbai, with a total wealth of US $950 billion was ranked 12th richest city globally in the report published by New World Wealth. In the report, total wealth, refers to private wealth held by all individuals living ..
Month: Current Affairs - February, 2018
Independent debt management office must be set up: NITI Aayog
NITI Aayog has made strong case for setting up independent Debt Management Office for better servicing of loans that will lead to substantial reduction in India’s interest payment. At present, government debt, including market borrowing, is managed by Reserve Bank ..
Month: Current Affairs - February, 2018
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 ..