Asian Development Bank (ADB) : Approved USD 200 Million Additional Financing The Asian Development Bank (ADB) recently approved USD 200 million additional financing for the Rajasthan secondary towns development sector project. Asian Development Bank (ADB) is a multilateral development bank established on 19th December 1966. Its primary mission is to “foster economic growth and cooperation” […]
Category: Economics Current Affairs
eSARAS Mobile App
eSARAS Mobile App: eSARAS mobile App was launched by the Secretary of Union Ministry of Rural Development, Government of India at New Delhi. eSARAS App is an e-commerce mobile app which will be used as a more effective platform for marketing of the products made by women of self-help groups. It is an initiative conceptualized […]
United Nations Global Compact
United Nations Global Compact: Nord Security, home to NordVPN, NordLayer, NordPass, and NordLocker, recently joined the United Nations Global Compact (UNGC) community. United Nations Global Compact (UNGC) is a call to companies everywhere to align their operations and strategies with Ten Principles in the areas of human rights, labour, environment and anti-corruption. Launched in 2000, […]
Public Issue Of shares
Public Issue Of shares: The market regulator SEBI recently approved the proposal for reducing the period for listing of shares in public issues from six days to three days. Public Issue of shares is When a company raises funds by selling or issuing its equity shares to the public through an offer document, it is […]
Unicorn Startup : Declined Sharply In 2023
Unicorn Startup : Declined Sharply In 2023 According to a recent report, new additions to the unicorn list declined sharply in 2023, indicating a slowdown in the Indian startup ecosystem. The term unicorn refers to a privately held startup company with a value of over $1 billion. It is commonly used in the venture capital […]
CHAMPIONS 2.0 Portal
CHAMPIONS 2.0 Portal: On the occasion of International MSME Day, the Ministry of Micro, Small & Medium Enterprises, MSME launched ‘CHAMPIONS 2.0 Portal. Champions portal is a single-window grievance redressal portal for Micro, Small & Medium Enterprises. The CHAMPIONS stands here for the Creation and Harmonious Application of Modern Processes for Increasing Output and National […]
Udyami Bharat-MSME Day
Udyami Bharat-MSME Day: Udyami Bharat-MSME Day is an important occasion that highlights the achievements and potential of Micro, Small, and Medium Enterprises (MSMEs) in India. This year, the event celebrated on June 27, bringing together key stakeholders from the government and the MSME sector. The Udyami Bharat-MSME Day event will take place at Vigyan Bhavan […]
Employees Provident Fund Organisation : Extended The deadline For Members
Employees Provident Fund Organisation : Extended The deadline For Members The Employees’ Provident Fund Organisation (EPFO) has extended the deadline for members and pensioners to apply for higher Provident Fund (PF) pensions till July 11. Employees’ Provident Fund Organisation (EPFO) is a statutory bodythat came into existence under the Employees’ Provident Fund and Miscellaneous Provisions […]
Liberalised Remittances Scheme : Reserve Bank Of India
Liberalised Remittances Scheme : Reserve Bank Of India Twenty per cent tax on Liberalised Remittances Scheme (LRS) of the Reserve Bank of India is set to kick off soon. Liberalised Remittances Scheme (LRS) allows Indian residents to freely remit up to USD $250,000 per financial year for current or capital account transactions or a combination […]
Riot Provision Of The Reserve Bank Of India : Manipur
Riot Provision Of The Reserve Bank Of India : Manipur The Manipur government has invoked the Riot Provision of the Reserve Bank of India (RBI) in response to a Grave Situation in the State marked by riots and violence. The order acknowledged the borrowers’ inability to repay loans due to the crisis and sought relief […]
