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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MOU: signed between NSIC and MSME Ministry

A Memorandum of Understanding (MOU) was signed between National Small Industries Corporation Limited (NSIC) and Ministry of Micro, Small and Medium Enterprises (MSME) for the year 2019-20. Key Highlights About: The MoU between NSIC and MSME envisages provisions of enhanced services by NSIC under its marketing, financial, technology and other support services schemes for Micro, Read More…

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Government proposes NSSO and CSO merger

The outgoing NDA government in one of its last decisions has decided to merge the National Sample Survey Office (NSSO) with the Central Statistics Office (CSO) under the Ministry of Statistics and Programme Implementation (MoSPI). Key Highlights About: The Government order has cleared restructuring of statistical system by proposing NSSO, CSO merger and formation of Read More…

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SpiceJet: 4th Indian Airline to have 100 aircraft fleet

No-frills airline SpiceJet became fourth Indian airline to have a 100 aircraft in its fleet after a recent induction of a Boeing 737 which became its 100th plane. The other three domestic airline with 100 Aircraft fleet are national carrier Air India, now grounded Jet Airways and IndiGo. About Spicejet It is a Gurugram-based budget Read More…

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RBI proposes Guidelines for Large NBFC

The Reserve Bank of India (RBI) released a draft circular titled ‘Liquidity Risk Management Framework for NBFCs and Core Investment Companies (CICs). RBI after analysing recent developments in NBFC sector proposed a set of guidelines for large Non-Banking Financial Companies (NBFCs) to help them deal with severe liquidity problems and to prevent re-occurrence of IL&FS Read More…

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NewSpace India Limited: ISRO’s new Commercial Arm

The Indian Space Research Organisation’s (ISRO) new commercial arm called NewSpace India Limited (NSIL) was officially inaugurated in Bengaluru. About NewSpace India Limited (NSIL) Background: on 6 March 2019, the Department of Space (DoS) registered its second commercial entity called NSIL in ISRO. The first commercial venture of DoS was Antrix Corporation Limited, which was Read More…

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