Economy Current Affairs - 2019

Category Wise PDF Compilations available at This Link

Growth rate of 8 infrastructure sectors slows down to 4.8% in October 2018

According to index of eight core industries released by Ministry of Commerce and Industry, growth rate of eight infrastructure sectors slowed down to 4.8 per cent in October 2018. This was mainly due to contraction in production of crude oil, natural gas and fertilizer. It had recorded growth rate of 5% in October 2017. During Read More…

Month:  Categories: Business, Economy & Banking

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First India-ASEAN InnoTech Summit held in New Delhi

The first India-ASEAN InnoTech Summit was held in New Delhi. It was organized by Federation of Indian Chambers of Commerce & Industry (FICCI) in association with Department of Science & Technology (DST) and Ministry of External Affairs. Objectives of this summit were Explore avenues of cross country partnerships with Indian R&D-based enterprises. Capture global trends Read More…

Month:  Categories: Events & Observances

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NPCC conferred Miniratna Category–I status

Union Government has conferred status of Miniratna: Category–I to National Projects Construction Corporation Limited (NPCC). The empowerment of miniratna status to NPCC will help company to take speedy decisions by enhancing delegation of powers to Board. National Projects Construction Corporation Limited (NPCC) NPCC is schedule ‘B’ Central Public Sector Enterprise (CPSE) under administrative control of Read More…

Month:  Categories: Business, Economy & Banking

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 Casio launches world’s first GST calculator

Japanese electronics company ‘CASIO’ has launched world’s first Goods and Services Tax (GST) calculator in India for simplify the GST calculations for tax payers  The company has two variants of GST calculators MJ-120GST and MJ-12GST in the Indian market. These new GST calculators will provide solutions for GST based invoicing. Key Facts These GST calculators Read More…

Month:  Categories: Business, Economy & Banking

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Gender wage gap highest in India, women are paid 34% less than men: ILO

According to Global Wage Report 2018-19 published by International Labour Organization (ILO), women are paid most unequally in India, compared to men, when it comes to hourly wages for labour. This gap in wages, known as gender wage gap is the highest among 73 countries studied in the report. The findings are based on data Read More…

Month:  Categories: Reports & Indices

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Government launches PAISA Portal under Deendayal Antyodaya Yojana – National Urban Livelihoods Mission

Union Ministry of Housing and Urban Affairs launched ‘PAiSA’ – Portal for Affordable Credit and Interest Subvention Access during National Workshop on Municipal Finance and Urban Planning held in New Delhi. PAISA Portal It is centralised electronic platform for quicker processing of loans under the Deendayal Antyodaya Yojana – National Urban Livelihoods Mission (DAY-NULM). It Read More…

Month:  Categories: Government Schemes & Projects

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India and ADB sign $200 Million Loan to improve State Highways in Bihar

Union Government has signed $200 million loan agreement with Asian Development Bank (ADB) for Bihar State Highways III Project (BSHP-III). It will finance widening and upgrading of about 230 kms state highways in Bihar to all-weather standards with road safety features. Since 2008, ADB has provided four loans to Bihar amounting to $1.43 billion to Read More…

Month:  Categories: States

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