Anti-Dumping Duty on Epichlorohydrin Imports: India recently imposed an Anti-Dumping(AD) duty of up to USD 557 per tonne on Epichlorohydrin imports from China, Korea, and Thailand to protect domestic industries from cheap imports.Epichlorohydrin, a colourless liquid with a strong garlic-like odour, is used in producing glycerol, elastomers, adhesives, and as a solvent for resins, paints, […]
Category: Economics Current Affairs
Domestic Systemically Important Banks
Domestic Systemically Important Banks: The Reserve Bank of India (RBI) on Wednesday retained the State Bank of India, HDFC Bank and ICICI Bank as Domestic Systemically Important Banks (D-SIBs). The RBI had first announced the framework dealing with D-SIBs in 2014.
Arvindar Singh Sahney has been appointed as the new chairman of Indian Oil Corporation (IOC)
Arvindar Singh Sahney has been appointed as the new chairman of Indian Oil Corporation (IOC): Arvindar Singh Sahney has been appointed as the new chairman of Indian Oil Corporation (IOC), the nation’s largest oil firm, as per an order from the petroleum ministry on 13th November. Sahney, 54, currently serves as the Executive Director of […]
India’s Industrial Output Grows 3.1% in September 2024
India’s Industrial Output Grows 3.1% in September 2024: India’s industrial production recorded a growth of 3.1% in September 2024, marking a significant rebound from the 0.1% contraction in August. This growth is attributed to a strong performance in manufacturing, alongside modest increases in electricity generation and mining. However, compared to the same month last year, […]
ADB Approves $200 Million Loan for Uttarakhand Livability Improvement Project
ADB Approves $200 Million Loan for Uttarakhand Livability Improvement Project: The Asian Development Bank (ADB) has approved a $200 million loan to enhance the urban infrastructure and climate resilience of Uttarakhand under the Uttarakhand Livability Improvement Project. This initiative aligns with both the Government of India’s urban development agenda and the state’s efforts to provide […]
Hindalco Tops Global Sustainability Rankings for 5th Year
Hindalco Tops Global Sustainability Rankings for 5th Year: Hindalco Industries Ltd., the metals arm of the Aditya Birla Group, has secured the top position as the world’s most sustainable aluminium company for the fifth consecutive year, according to the 2024 S&P Global Corporate Sustainability Assessment (CSA) rankings. The company earned a total score of 87 […]
Bran : Recent Study
Bran : Recent Study A recent study highlights that keeping bran on millet improves the health benefits and should be promoted in Indian diets to improve diet quality. Bran is the edible broken seed coat, or protective outer layer, of wheat, rye, or other cereal grains, separated from the kernel. In flour processing, the coarse […]
Corporate Social Responsibility : In News
Corporate Social Responsibility : In News India, the first country to mandate Corporate Social Responsibility (CSR), has seen over ₹1.84 lakh crore invested through CSR from 2014 to 2023. With agriculture employing nearly half of the workforce and contributing 16.73% to GDP, interest in directing CSR funds toward agricultural sustainability is rising. CSR involves corporate […]
Urad And Tur Imports : Increased
Urad And Tur Imports : Increased The Indian government reported a significant increase in Urad imports from Brazil, reaching over 22,000 metric tonnes. The Ministry of Consumer Affairs highlighted Brazil’s potential as a major supplier of Urad and Tur for India, benefiting from different cropping seasons that align with India’s crop demands. Urad: Scientific name: […]
Namibia Offshore Oil
Namibia Offshore Oil: Namibia, viewed as one of the last frontiers of untapped oil potential, has recently faced challenges in its journey to becoming a prolific oil producer. Despite significant offshore discoveries in recent years, an unexpectedly high gas-to-oil ratio in these fields has created complications for oil development.
