Page-50 of Business
GoI signs pact with ?Confederation of Indian Industry (CII) for logistics
The Logistics Division of the Union Commerce Ministry has signed an agreement with industry body Confederation of Indian Industry (CII) on January 16 to address challenges facing the country’s logistics sector and help take measures to bring down costs. As ..
India ranks 30th on WEF’s Global Manufacturing Index
The World Economic Forum (WEF) has ranked India at 30th position among 100 countries on its Global Manufacturing Index (GMI). The index was released as part of WEF’s first Readiness for the future of production Report which analysed development of ..
Month: Current Affairs - January, 2018
IRFC's green bonds: India INX lists 1st debt security at IFSC
The India International Exchange (India INX) has listed the Indian Railway Finance Corporation’s (IRFC’s) green bonds on its debt listing platform-Global Securities Market (GSM). With this, IRFC green bonds became first debt security to be listed on exchange at International ..
Month: Current Affairs - January, 2018
NCDEX launches India’s first agri-options trading in Guarseed
The National Commodity and Derivatives Exchange Ltd (NCDEX) unveiled India’s first agricultural-commodity options in Guarseed designed as hedge for farmers to safeguard against price risks. It was launched by Union Finance Minister Arun Jaitley in New Delhi. Key Facts NCDEX’s ..
Month: Current Affairs - January, 2018
India’s first-ever FDI in fertiliser sector: Yara acquires Tata Chemicals urea plant
Norwegian fertiliser giant Yara International has announced completion of its acquisition of Tata Chemicals’ 1.2 million tonnes per annum production capacity urea plant at Babrala in Uttar Pradesh. The Rs. 2,682-crore acquisition deal includes transfer of all assets and liabilities ..
Month: Current Affairs - January, 2018
Kerala Government launches Kerala Accelerator Program for early-stage startups
Kerala Government has introduced Kerala Accelerator Program, a virtual accelerator program for three months, to promote startups in the early revenue stage. It was launched by Kerala Startup Mission (KSUM) in association with Zone Startups India. Kerala Accelerator Program This ..
Month: Current Affairs - January, 2018
IIP growth hits 17-month high of 8.4% in November 2017
India’s factory output, measured by the Index of Industrial Production (IIP) rose to 8.4% in November 2017 from 2% in October 2017. It was due to robust performance by manufacturing and capital goods sectors. According to data released by the ..
Month: Current Affairs - January, 2018
JioCoin: Reliance Jio planning to launch its own cryptocurrency
Reliance Jio Infocomm Ltd is planning to create its own cyptocurrency, JioCoin. The Jiocoin project is being led by Mukesh Ambani’s elder son Akash Ambani. Under it, Reliance Jio is planning to build a 50-member team of young professionals to ..