Industry Current Affairs - 2019

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India ranks 76 in 2015 Corruption Perception Index

India has been ranked 76th out of 168 countries in the recently released 2015 Corruption Perception Index (CPI). The 2015 CPI was the 21st edition of the annual index and was published by the Berlin-based corruption watchdog Transparency International (TI). Key facts In this edition, India has scored 38 on a scale from 0 (most Read More…

Month:  Categories: Reports & Indices

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Sumit Mazumder elected as new President of CII for year 2015-16

Sumit Mazumder was elected as the President of Confederation of Indian Industry (CII) for the year 2015-16. He is Chairman & Managing Director (MD) of TIL Limited. He will succeed Ajay Shriram, Chairman of DCM Shriram Consolidated Ltd. Moreover, Shobana Kamineni was elected as Vice-President of CII for the year 2015-16. Presently, she is Executive Read More…

Month:  Categories: Business, Economy & Banking

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Indian Oil Corp tops Fortune India 500 list 2014

State-run Indian Oil Corp (IOC) has emerged as the country’s biggest company in terms of annual revenue as per an annual list of Fortune 500 companies in India- 2014. IOC topped the list with annual revenue of Rs 4, 75, 867 crore. IOC was followed by Mukesh Ambani-led private sector giant Reliance Industries at the Read More…

Month:  Categories: Business, Economy & Banking

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India ranked 85th in Corruption Perception List (CPI)

Transparency International has ranked India at 85th place in its Corruption Perception Index 2014 (CPI) which enlisted 178 countries. India scored 38 on a scale from 0 (most corrupt) to 100 (least corrupt). The CPI score of India has increased by 2 points in 2014 from its 2013 score of 36, thus helping India’s rank Read More…

Month:  Categories: Business, Economy & Banking

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India to launch E-Visa Facility for 40 countries

Visitors from over 40 countries, including Germany, the US, Israel and Palestine, will soon be able to avail the electronic visa (E-Visa) facility of India. The tourism ministry along with the home ministry will launch the facility on 27th November 2014. Key Facts In order to get an e-Visa, foreigners/tourists would need to apply on Read More…

Month:  Categories: Business, Economy & Banking

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Government re-launches Kisan Vikas Patra

On 18th November 2014, Union Government re-launched Kisan Vikas Patra scheme (KVP) in New Delhi to encourage the habit of small savings among the citizens. The scheme will soon be made available through designated branches of nationalized banks across the country. The previous KVP was discontinued in 2011. The scheme was very popular among the Read More…

Month:  Categories: Business, Economy & Banking

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Queensland clears Adani Group’s coal mining project

Australia’s Queensland state has cleared Adani group’s proposed plan to build a 7 billion dollar Carmichael coal mine. Queensland State has also announced a major investment in rail infrastructure to support the Indian conglomerate’s mega project. This announcement comes after State Bank of India (SBI) approved US $ 1 billion loan for Adani Mining to Read More…

Month:  Categories: Business, Economy & Banking

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