Category: Economics Current Affairs

Rana Ashutosh Kumar Singh Assumes Role as MD at SBI: Rana Ashutosh Kumar Singh has been appointed as the Managing Director (MD) of the State Bank of India (SBI), overseeing the Risk Compliance and Stressed Assets Resolution Group (SARG) departments.

MoU Signed Between Ministry of MSME And SBA, Government of USA: Ministry of Micro, Small and Medium Enterprises, MSME has signed a Memorandum of Understanding, MoU with the Small Business Administration (SBA) of the Government of the United States of America to promote Cooperation on Small and Medium-size Enterprises (SMEs)

Diamond Imprest Licence: The Union Minister of Commerce & Industry announced the introduction of the Diamond Imprest Licence at the 40th edition of the India International Jewellery Show (IIJS) 2024 organised by the Gem & Jewellery Export Promotion Council (GJEPC). Diamond Imprest Licence allows eligible exporters to import cut and polished diamonds, including semi-processed, half-cut, […]

SBI Signed MoU With Jakson Engineers To Promote Solar Energy Adoption In India: India’s largest Public Sector Bank (PSB), State Bank of India (SBI) has signed a Memorandum of Understanding (MoU) with Jakson Engineers Limited to promote solar energy adoption across India.This strategic partnership is part of the Surya Shakti Solar Finance initiative which aims […]

Fractional Ownership Platform Property Share Received India’s 1st SM REIT License from SEBI: Property Share (PropShare Investment Manager Private Limited) became the 1st Fractional Ownership Platform (FOP) to received India’s 1st Small and Medium Real Estate Investment Trust (SM REIT) license from the Securities and Exchange Board of India (SEBI) under the newly notified SM […]

RBI Sets Up 10-Member Expert Committee On Benchmarking Of Its Statistics: The RBI on August 12, announced setting up a committee under deputy governor Michael Debabrata Patra on benchmarking the statistics regularly disseminated by it against global standards.

PNB Launches Special Braille Debit Card For Visually Impaired Customers: Punjab National Bank (PNB) has introduced the PNB ANTAH DRISHTI Braille Debit Card, a new initiative aimed at enhancing financial accessibility for visually impaired individuals.

Fast Tracking BIMSTEC Free Trade Agreement: BIMSTEC members should re-examine the priorities of member nations with regards to trade negotiations so that the delayed Free Trade Agreement can be finalized. This was stated by Union Minister of Commerce & Industry Shri Piyush Goyal while delivering his speech at the inaugural edition of the Bay of […]

Implementation of RTE and Budget Allocation for Education: As of August 7, 2024, Punjab, Telangana, Kerala, and West Bengal have yet to implement the Right to Education (RTE) Act, 2009. Union Minister of State for Education, Jayant Chowdhary, disclosed this in the Rajya Sabha.

UPI Merchant Transactions In Nepal Cross 100000 Milestone: NPCI International Payments Limited (NIPL) has achieved a major milestone by surpassing 100,000 cross-border Unified Payments Interface (UPI) Person-to-Merchant (P2M) transactions in Nepal, the NIPL said in a statement. NIPL is an international arm of the National Payments Corporation of India (NPCI).