Page-7 of Indian Economy
MoU signed between Ministry of Corporate Affairs & SEBI
A formal Memorandum of Understanding (MOU) was signed between Union Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI) for data exchange between two regulatory organizations and to tighten regulatory oversight. Key Highlights of MoU The ..
Month: Current Affairs - June, 2019
RBI set up Task Force on Secondary Market for Corporate Loans
The Reserve Bank of India (RBI) constituted a task force on secondary market development in corporate loans. About Task Force on Development of Secondary Market for Corporate Loans Composition: It is a six-member body and is headed by Canara Bank ..
Month: Current Affairs - May, 2019
Harsh Vardhan Committee: on Housing Finance Securitisation Market Development
The Reserve Bank of India (RBI) constituted a committee under Harsh Vardhan, to review existing state of mortgage securitisation in India and suggest measures to develop market further. About Committee on Development of Housing Finance Securitisation Market Composition: The committee ..
Month: Current Affairs - May, 2019
UN Report: India to grow at 7.1% in 2020
According to a United Nations’ report titled World Economic Situation and Prospects (WESP) Report 2019 Mid-year Update, India’s economy is projected to grow at 7.1 % in fiscal year 2020 which will be backed by strong domestic consumption and investment. ..
Month: Current Affairs - May, 2019
Fact-Sheet: The Evolving Relationship between Indian Capitalism and the Sensex
The recurrent stir in the Sensex or the Sensitivity Index is a shred of evidence to the aggressive and versatile nature of the Indian economy. One hundred years ago the Indian equity market was in a mess due to the ..
Month: Current Affairs - May, 2019
Global Macro Outlook for 2019 and 2020
Moody’s has released its quarterly Global Macro Outlook for 2019 and 2020. The outlook highlights the following points about India: Indian economy is expected to grow at 7.3 per cent in the calendar year 2019 and 2020. The proposed government ..
Month: Current Affairs - March, 2019
India to grow at 7.2 per cent in 2018-19: CSO
The Central Statistics Office has released the first advance estimates of National Income for 2018-19. The observations made by CSO are: Indian economy is expected to grow at 7.2 per cent in 2018-19, a tad higher from 6.7 per cent ..
Month: Current Affairs - March, 2019
IMF growth Prospects for India: Key Facts
The World Economic Outlook of the International Monetary Fund (IMF) has given the following prospects about the growth trends for India: IMF has retained its growth projection for the country at 7.5 per cent for 2019-20 and said it is likely ..
Month: Current Affairs - January, 2019
RBI forms expert committee to rejuvenate MSMEs
The Reserve Bank of India (RBI) has formed an expert committee to look into the various challenges being faced by MSMEs and suggest ways and measures to rejuvenate them. Composition of the Committee The eight-member committee would be chaired by ..
Month: Current Affairs - January, 2019
India's GDP is likely to grow by 5.6 per cent in 2014-15: World Bank
A World Bank report titled ‘India Development Update’ has said that India’s GDP is likely to expand at 5.6% in the current fiscal year, 2014-15 The report also said that the GDP growth may rise further to 6.4% and 7% ..