Strategic Disinvestment – Changes In The Process Of Strategic Disinvestment

🕔18:21, 14.Sep 2019

The Narendra Modi government has decided to go for strategic disinvestment of 23 Public Sector Undertakings (PSUs) this year. The move in 2019-20 is estimated to bring about ₹1,05,000 crore. In recent years, the proceeds from the sale of shares

Read Full Article

IRDAI launches Regulatory Sandbox for tech-led firms

🕔17:34, 14.Sep 2019

In News Insurance Regulatory and Development Authority of India (IRDAI) on Friday launched the Regulatory Sandbox system for innovative technology-led entities. The initiative was launched during the opening session of a workshop on Regulatory Sandbox organised by IRDAI in partnership

Read Full Article

Depository Receipts: Easing Restrictions On Raising Money Abroad

🕔18:03, 13.Sep 2019

The author who is a Senior Research Fellow at Shardul Amarchand Mangaldas & Co urges SEBI to fully operationalize the Depository Receipt Scheme, 2014 to give capital freedom to Indian Industries. What is the Depository Receipt? (STATIC-GS3 Economy KEY TERMINOLOGIES)

Read Full Article

India’s oil demand to rise at fastest pace globally

🕔10:18, 13.Sep 2019

OPEC lowers global growth estimate Oil producers’ cartel OPEC said that India’s oil demand will rise at the fastest pace globally this year and the next, even as its economic expansion has slowed down. In its monthly ‘World Oil Demand’

Read Full Article

California passes Bill that will reshape gig economy

🕔10:13, 13.Sep 2019

In News: In a major legislative development that could have a profound impact on the gig economy, California’s State Senate passed, a Bill requiring ride-hailing companies like Uber and Lyft to treat their contract workers as employees. The Bill, which

Read Full Article

Steep fines to save lives, not for revenue: Gadkari

🕔10:09, 13.Sep 2019

Steep fines to Save Lives, Not For Revenue: Motor Vehicles Amendment Bill, 2019 Union Road Transport Minister said that the Govt’s intention is not to garner revenue but to make people follow rules in order to reduce the number of

Read Full Article

India’s second Multi-Modal Terminal on Ganga at Sahibganj in Jharkhand

🕔17:32, 12.Sep 2019

Prime Minister Narendra Modi will dedicate to the nation the second Multi-Modal Terminal built at Sahibganj in Jharkhand on 12 September 2019. The terminal was built at a cost of ₹290 crores. I It took two years to complete the

Read Full Article

Bank Merger

🕔12:37, 12.Sep 2019

Finance Minister of India has declared to merge 10 Public Sector Banks into 4 big banks (that has reduced the number of PSU to 12 from 27 of 2017) which is a big consolidation of public sector banks. Key Pronouncement

Read Full Article

Menace of road congestion in India

🕔16:19, 11.Sep 2019

 In News The Gurugram traffic police have tied up with Google maps for dissemination of traffic-related information in real time for public use. The information such as planned road closures, diversions, traffic alerts regarding road crash, etc. is now shared

Read Full Article

 Startups in India

🕔16:17, 11.Sep 2019

Startups in India: Surpassing Bengaluru and Mumbai, Delhi-NCR has become the newest hotspot for startups and unicorns in India. The region that comprises the national capital and adjoining cities of Gurugram and Noida now count more startups and unicorns than

Read Full Article