Category: Economics Current Affairs

Leniency Plus Norms : CCI The Competition Commission of India (CCI) has released a draft of revised lesser penalty regulations that provides for introduction of a “leniency plus” programme Leniency plus’ norms is a new cartel detecting tool and sheds light on how the competition watchdog intends to operationalize it. The “Leniency Plus” regime was […]

Electoral Bonds : Update The Supreme Court of India has referred the challenge to the validity of the electoral bonds scheme, which allows anonymous donations to political parties, to a Constitution Bench of five judges. The case also pertains to the passage of the electoral bonds scheme as a Money Bill The electoral bonds system […]

IndiaSkills 2023-24: The Ministry of Skill Development and Entrepreneurship has launched IndiaSkills 2023-24 and commended the World Skills Competition (WSC) 2022 winners. IndiaSkills 2023-24: IndiaSkills 2023-24 is a skill development competition which aims to foster and enhance the skills of individuals in various domains, preparing them for national and international skill competitions. IndiaSkills is the […]

What Is Stock Split? Sigachi Industries (SIGACHI) recently initiated its long-anticipated 10:1 stock split. Stock Split happens when a company increases the number of its shares to boost the stock’s liquidity. It is a corporate action in which a company issues additional shares to shareholders, increasing the total by the specified ratio based on the […]

Passport To Earning (P2E) Initiative: UNICEF’s global learning-to-earning solution, Passport to Earning (P2E), has skilled and certified more than one million young people in India in areas of financial literacy and digital productivity. Aligned with the National Education Policy (NEP) 2020, the P2E program offers free access to certificate courses in digital productivity, financial literacy, […]

Poorvottar Sampark Setu Portal: The Union Ministry of Development of North-East Region virtually launched “MDoNER Data Analytics Dashboard” and “Poorvottar Sampark Setu” portal at Vigyan Bhawan, New Delhi. It is a powerful tool designed to streamline and enhance monitoring of Fortnightly visits of Union Ministers to NER. Features: The dashboard provides valuable insights and graphical […]

Resilient And Inclusive Supply-Chain Enhancement (RISE) Initiative : World Bank And Japan The World Bank and Japan, have launched the Resilient and Inclusive Supply-chain Enhancement (RISE) initiative in Morocco. This initiative is designed to tackle the dual challenges of job creation and climate change by aiding emerging markets and developing countries in expanding their clean-energy […]

One CGIAR Global Initiative: The International Crops Research Institute for the Semi-Arid Tropics (ICRISAT) joined the One Consultative Group on International Agricultural Research (CGIAR) global initiative. One CGIAR global initiative aims to build a unified approach to transforming food, land, and water systems to address the challenges posed by climate crisis. This initiative involves the […]

Bima Vahak : IRDAI The Insurance Regulatory and Development Authority of India (IRDAI) has announced that the guidelines for the women-centric insurance distribution channel called “Bima Vahak” will become effective upon the launch of “Bima Vistaar,” an all-in-one standard insurance product currently under development. The primary objective of Bima Vahak is to establish a dedicated […]