Business Current Affairs - 2020

India Business Council to host 45th India Ideas Summit 2020

On July 22, 2020, the India Business Council is to host India Ideas Summit 2020. PM Modi is to address the summit. Highlights The Summit will convene government leaders and business men for discussion about US-India partnership and trends in shaping trade and investment, globalization and future works. This year summit is to focus on Read More…

Unemployment Rate in India has increased to 23% due to Lock Down

The Centre for Monitoring Indian Economy (CMIE) recently released a survey on the current unemployment situation in India. According to the survey, more than 20% of Indian Economy has lost their jobs since the lock down. Highlights The report said that the unemployment rate for the month of March is expected to be 8.7% as Read More…

GoI: Invest India Business Immunity Platform launched

On March 24, 2020, the India’s National Investment Promotion and Facilitation Agency called the Invest India launched “The Invest India Business Immunity Platform”. The platform is to operate on the website of Invest India. Highlights The platform is to give real time updates about India’s response and actions against Corona Virus. It will provide latest Read More…

Passport Renewal Reminder Services begun by Passport Seva Kendras

On January 28, 2020, the Ministry of External Affairs launched the Passport renewal reminder services. The Passport Seva Kendras operating under the Ministry of External Affairs will send SMS about the renewal Highlights The ministry is to send two Reminder messages, one before 9 months and another before 7 months. Along with the reminder message, Read More…

National Startup Advisory Council setup to boost Startups and Innovations

On January 22, 2020, the Union Ministry of Commerce and Industry has setup National Startup Advisory Council. The council will suggest ways to build strong start ups in the country. It is being set up to reduce the time spent on tax compliance to less than one-hour a month and to boost the availability of Read More…