Important Facts Related to Indian Economy: – (Transport)
Presently there are 9 undertakings under the administrative control of the Ministry of Railways. The first Indian Rail was run on April 16, 1853 from Bombay to Thane (34 km…
GSLV – Mk III D1/GSAT-19 takes India to next generation Launch Vehicle
GSAT-19 advanced communication satellite lifted into space with successful launch of GSLV Mk III by Indian Space Research Organisation (ISRO) from the spaceport at Satish Dhawan Space Centre, Sriharikota, Andhra…
G7 Taormina Summit Condemn Terrorism
Leaders of the G7, met for the 43rd G7 summit in Taormina, Sicily, Italy on May 26-27, 2017 to address, in a spirit of cooperation, the global challenges and to respond collectively…
FinTech for expanding Banking for the Unbanked
FinTech or Financial Technology is an economic industry composed of companies that use new technology and innovation with available resources to make financial services more efficient. They compete in the marketplace…
Farm Loan Waivers are Temporary Solution to Tackle Rural Distress
Farm Loan Waiver of Rs 36,359 crore that includes Rs 30,729 crore of 2.15 crore small and marginal farmers, who had taken a crop loan up to Rs 1 lakh…
Important Facts Related to Indian Economy: – (Foreign Trade)
Over the last ten years, India’s merchandise trade (on customs basis) increased manifold from US $ 195·1 billion in 2004-05 to US $ 655·013 billion in 2016-17 helping India’s share…
Important Facts Related to Indian Economy: – (Tourism)
India’s tourism sector witnessed a growth of 4·5 per cent in terms of foreign tourist arrivals (FTAs) with 8·2 million arrivals in 2015, and a growth of 4·1 per cent…
RBI’s mandated 9% Capital Adequacy for Indian Commercial Banks as a Prudence against 8% Basel III norms
Reserve Bank of India issued Guidelines based on the Basel III reforms on capital regulation on May 2, 2012, to the extent applicable to banks operating in India. The Basel…
Important Facts Related to Indian Economy: – (Industry)
Industrial and Service Sector Growth Analysis Industrial Sector Growth Trends Over the Ninth to Twelfth Plans, India’s industrial sector saw fluctuating growth rates: Ninth Plan (1997–2002): 4.3% Tenth Plan (2002–07):…
African Development Bank Annual Meetings on High 5s Development Priorities
African Development Bank (AfDB), in its 52nd Annual Meetings held at Gandhi nagar near Ahmedabad in Gujarat from 22 to 26 May 2017 called for greater cooperation between the Bank…