Source- This post on the National Bank for Financing Infrastructure and Development (NaBFID) has been created based on the article “National Bank for Financing Infrastructure and Development (NaBFID)” published on “Mint” on 19 July 2024. Why in the news? The government wants to increase the capital base of the National Bank for Financing Infrastructure and Development,… Continue reading National Bank for Financing Infrastructure and Development (NaBFID)
Category: Factly – Indian Economy
This category contains all Current Affairs Factly Articles for Prelims, related to the Indian economy. You can find all relevant Economy updates on this page. This page is specifically useful for UPSC Prelims exam.
Increase in India’s foreign currency assets (FCA)
Source- This post on the Increase in India’s foreign currency assets (FCA) has been created based on the article “Return on foreign currency assets doubles in two years” published in “The Indian Express” on 16 July 2024. Why in the news? The return on India’s foreign currency assets (FCA) has doubled over the past two… Continue reading Increase in India’s foreign currency assets (FCA)
RBI updated rules on fraud risk management
Source- This post on the Updated rules of RBI on fraud risk management has been created based on the article “RBI revises rules on fraud risk management” published in “The Hindu” on 16 July 2024. Why in the news? The Reserve Bank of India (RBI) has updated its rules on fraud risk management for various… Continue reading RBI updated rules on fraud risk management
Status of India’s Merchandise and Services Export
Source: The post on “Status of India’s Merchandise and Services Export” has been created, based on the article “Imports continue to outpace growing exports; trade deficit widens by 9.4%” published in “The Hindu” on 16th July 2024 Why in news? The Commerce Ministry has reported that India’s merchandise exports has grown for the third consecutive… Continue reading Status of India’s Merchandise and Services Export
Coal Ministry Signs Agreements for Three Coal Mines
Source- This post on the Coal Ministry Signs Agreements for Three Coal Mines has been created based on the article “Coal Ministry Signs Agreements for Three Coal Mines” published in “PIB” on 16 July 2024. Why in the news? Recently, the Ministry of Coal has signed agreements for three coal mines under the Second Attempt of… Continue reading Coal Ministry Signs Agreements for Three Coal Mines
Equity Mutual Funds
Source- This post on the Equity Mutual Funds has been created based on the article “Equity Mutual Funds” published in “Economic Times” on 11 July 2024. Why in the news? The Association of Mutual Funds in India (Amfi) recently reported that inflows into India’s equity mutual funds reached a record high of Rs 40,608 crore… Continue reading Equity Mutual Funds
ONGC’s Plan to Achieve Net Zero Emissions by 2038
Source- This post on the ONGC’s Plan to Achieve Net Zero Emissions by 2038 has been created based on the article “ONGC unveils Rs 2 trillion decarbonisation road map for net-zero 2038” published in “Business Standard” on 10 July 2024. Why in the news? State-owned Oil and Natural Gas Corporation (ONGC) will invest around Rs… Continue reading ONGC’s Plan to Achieve Net Zero Emissions by 2038
Vizhinjam International Port
Source- This post on the Vizhinjam International Port has been created based on the article “Adani Vizhinjam Port to receive first mothership on July 12” published in “Economic Times” on 9 July 2024. Why in the news? The Adani Group’s Vizhinjam Port is now ready to receive its first mothership. About Vizhinjam International Port 1. Location:… Continue reading Vizhinjam International Port
Digital Bharat Nidhi
Source- This post on the Digital Bharat Nidhi has been created based on the article “What is Digital Bharat Nidhi, govt’s fresh attempt at improving rural telecom connectivity?” published in “The Hindu” on 6 July 2024. Why in the news? The Department of Telecommunications (DoT) released draft rules for the Digital Bharat Nidhi (DBN) on… Continue reading Digital Bharat Nidhi
SEHER Program
Source- This post on the SEHER Program has been created based on the article “Women Entrepreneurship Platform and TransUnion CIBIL Partner to Launch SEHER Program to Empower Women Entrepreneurs” published in “PIB” on 6 July 2024. Why in the news? Recently, the Women Entrepreneurship Platform (WEP) and TransUnion CIBIL have launched the SEHER program. About… Continue reading SEHER Program
