Category: Economics Current Affairs

Hello Naariyal : Coconut Development Board The Coconut Development Board (CDB) launched the ‘Hello Naariyal’ Friends of Coconut Trees (FoCT) call centre facility to help farmers with coconut harvesting and plant management operations. Hello Naariyal is a call centre in Kerala that functions from the headquarters of the Board in Kochi. The initiative will benefit […]

MSCI Index: Global index provider MSCI has announced the inclusion of nine stocks in its MSCI Global Standard Index, effective as of the close of November 30, 2023. MSCI Index is owned by the multinational investment management and financial services company Morgan Stanley. It is an investment research firm that provides stock indexes, portfolio risk […]

Inflation : New Data The Retail inflation eased to 4.87% in October 2023 compared to 5.02 % in September 2023. Retail inflation, based on the Consumer Price Index (CPI), eased to 4.87 per cent in October compared to 5.02 per cent in September this year. Inflation refers to a sustained increase in the general price […]

Government Eases Rules For Senior Citizen’s Savings Scheme And PPF: The Indian government has introduced revised rules for various small savings schemes, including the Senior Citizen’s Savings Scheme and the Public Provident Fund (PPF), with the aim of making them more attractive to investors. These changes include extending the timeframe for opening a Senior Citizen’s […]

QS World University Rankings: Asia 2024 The global higher education think-tank Quacquarelli Symonds has released the QS Asia University Rankings: Asia 2024, including 148 universities from India in the comprehensive list of 856 universities across Asia. Key Highlights of the QS World University Rankings: Asia 2024 Top Ranking Universities: Peking University (China) topped the list, […]

New Guidelines On Information Technology Governance for Regulated Entities : RBI The Reserve Bank of India (RBI) recently released final guidelines on information technology (IT) governance for regulated entities (REs) like banks, non-bank financial companies, credit information companies, and other financial entities. The REs have been mandated to put in place a robust IT governance […]

Heeralal Samariya : Chief Of The Central Information Commission   The Information Commissioner, Heeralal Samariya, was sworn in as the chief of the Central Information Commission (CIC) by the President Of India. Central Information Commission has been constituted under the Right to Information Act, 2005. The jurisdiction of the Commission extends over all Central Public […]

Small Modular Reactors: The Indian Government is considering offering incentives, similar to a production-linked incentive (PLI) scheme, to encourage the manufacturing of small modular reactors (SMRs) with the goal of increasing nuclear power’s share in India’s energy production. The government aims to attract private investments and scale up SMR production to reduce costs. PLI schemes, […]

Payment Aggregator Cross Border: The Reserve Bank of India (RBI) has brought under its direct regulation all entities facilitating cross-border payments for import and export of goods and services and termed them Payment Aggregator-Cross Border (PA-CB). Payment Aggregator-Cross Border (PA-CB) facilitates cross-border online payments for the import and export of permissible goods and services. The […]