Business, Economy & Banking Current Affairs - 2019

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.

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DMRC becomes India’s 1st project to receive Power from Waste-to-Energy

Delhi Metro has become first ever project in India to receive power generated from a waste-to-energy plant. The move is in continuation of Delhi Metro Rail Corporation (DMRC) efforts to establish an environment-friendly network Key Highlights Steps Taken: Since beginning of June 2019, DMRC has started receiving 2 MW power from a 12 MW capacity Read More…

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3rd Advance Estimates of Major Crops production for 2018-19 released

The Department of Agriculture, Cooperation and Farmers Welfare under Union Ministry of Agriculture and farmers Welfare recently released the 3rd Advance Estimates of production of major crops for 2018-19. Key Highlights of 3rd Advance Estimates Based On: The assessment of major production of different crops is based on feedback received by department from States and Read More…

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AAI signs pact with Boeing to modernise India’s Air Traffic Management

The Airports Authority of India (AAI) signed a technical assistance agreement with Boeing to develop and modernise India’s Air Traffic Management. Key Highlights Roadmap: Aerospace major Boeing entered into a technical assistance pact with AAI to jointly develop a comprehensive 10-year roadmap for modernising air traffic management in India. It is expected to be developed Read More…

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Sahara Evols: electric vehicles by Sahara Group

Sahara Group recently announced its entry into the automobile sector with plans of launching electric vehicles under the brand name ‘Sahara Evols’. The Sahara business group plans to offer a wide range of electric vehicles (EVs) along with advanced allied services. The entry into electric vehicle business is a move to push adoption in Tier Read More…

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Nilekani Panel suggests measures to encourage Digital Payments

The Reserve Bank of India (RBI) appointed Nandan Nilekani committee has submitted its suggestions on measures to encourage digital payments in India to RBI Governor Shaktikanta Das. Background: In January 2019 the RBI had set up the five-member panel under the chairmanship of Nandan Nilekani to provide suggestions on deepening digital payments with a view Read More…

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