Economy & Banking Current Affairs

Business, Economy and Banking in Current Affairs 2019 with latest news and current affairs in Agriculture, Industry, Banking, Capital Markets, Import and Export and Government schemes in commercial sector.

Domestic companies can make payments in SEZ in foreign currency: RBI

image The RBI has given permission to domestic companies to make payments to units in Special Economic Zones in foreign currency for the services delivered by them. Earlier, this facility was allowed only for payments made for goods.
To promote software exports, RBI has simplified procedure for exporting goods and services by all Software Technology Parks of India.

Bharti Airtel: World’s fourth largest mobile operator

As per the ‘Scoreboard’ report by analyst firm Wireless Intelligence, Bharti Airtel with over 250 million mobile subscribers is world’s fourth-largest operator in terms of subscribers. Airtel overtook Telefónica of Spain to reach this position.

Top 4 Mobile Operators Rankings

  1. China Mobile
  2. Vodafone Group
  3. American Movil Group
  4. Bharti Airtel
  • Reliance Communications 8th position
  • Idea Cellular 14th position