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Economy

Prime Minister to preside over Virtual Global Investor Roundtable

November 5, 2020November 10, 2020 - by Abdul

News: The Prime Minister will chair the Virtual Global Investor Roundtable (VGIR).   Facts: Organized by: Ministry of Finance and National Investment and Infrastructure Fund(NIIF) What is it? It is …

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Disaster Management / Economy

UKIBC releases Doing Business in India Report 2020

October 31, 2020November 4, 2020 - by Abdul

News: UK India Business Council(UKIBC) has released the sixth edition of Doing Business in India Report 2020.   Facts: About the report: The report is based on an in-depth survey …

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Economy

Compound conundrum: On interest waiver

October 28, 2020November 3, 2020 - by Abdul

News: Government of India has announced a scheme called, ‘Scheme for grant of ex-gratia payment of difference between compound interest and simple interest for six months to borrowers in specified …

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Economy

The Future of Jobs Report, 2020

October 23, 2020October 26, 2020 - by Abdul

News: World Economic Forum (WEF) has released the Future of Jobs Report, 2020. Facts: About the report: The report maps the jobs and skills of the future by tracking the pace of change. …

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Economy

Environmental clearance to Kaleshwaram given in violation of law: NGT

October 21, 2020 - by Sayoni

News: The National Green Tribunal (NGT) has held that environmental clearance (EC) to Kaleshwaram Lift Irrigation Project (KLIP) was granted ex post facto, after completion of substantial work, by the …

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Economy

Foreign Direct Investment Inflow

October 21, 2020October 21, 2020 - by Abdul

Facts: The Ministry of Commerce has released the data on the Foreign Direct Investment Inflow in India.   Facts: For the period of last 6 years (2014-15 to 2019-20): Total …

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Economy

IFSCA introduces framework for ‘Regulatory Sandbox’

October 20, 2020October 24, 2020 - by Abdul

News: International Financial Services Centres Authority(IFSCA) has introduced a Framework for Regulatory Sandbox to tap into innovative FinTech solutions.   Facts: What is a Regulatory Sandbox? It is an infrastructure …

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Economy

India’s economy to contract by 10.3%, says International Monetary Fund

October 15, 2020October 15, 2020 - by Abdul

News: International Monetary Fund(IMF) has released the World Economic Outlook Report,2020 titled “A Long and Difficult Ascent”. Facts: The report is published twice a year. Aim: To provide analysis and …

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Economy

Expained: The economics of auctions

October 13, 2020October 15, 2020 - by Abdul

News: Royal Swedish Academy of Sciences has awarded the 2020 Nobel Prize for Economics — to Paul R Milgrom and Robert B Wilson for their work on auction theory and …

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Economy

Tamil Nadu to establish advanced manufacturing hub

October 9, 2020October 14, 2020 - by Abdul

News: Tamil Nadu’s Guidance, nodal investment promotion and facilitation agency has partnered with the World Economic Forum(WEF) to establish India’s first advanced manufacturing hub(AMHUB) in the state. Facts: Advanced manufacturing …

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