Source: The post is based on the article “C-PACE has gone live from May 1: MCA” published in The Hindu on 18th May 2023 What is the News? The Ministry of Corporate Affairs (MCA) has established the Centre for Processing Accelerated Corporate Exit (C-PACE) to centralize the process of striking off companies from the MCA… Continue reading C-PACE has gone live from May 1: MCA
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.
Rajasthan’s move spells some hope for gig workers
Source: The post is based on the article “Rajasthan’s move spells some hope for gig workers” published in The Hindu on 17th May 2023 What is the News? Rajasthan Government has announced that it would introduce the Rajasthan Platform-based Gig Workers (Registration and Welfare) Bill 2023 aimed at the regulation of the gig economy in… Continue reading Rajasthan’s move spells some hope for gig workers
MNRE announces major reforms in the Approved List of Models and Manufactures for Solar Photovoltaic Modules
Source: The post is based on the article “MNRE announces major reforms in the Approved List of Models and Manufactures for Solar Photovoltaic Modules” published in PIB on 15th May 2023 What is the News? The Ministry of New & Renewable Energy (MNRE) has come up with a number of reforms in its Approved List… Continue reading MNRE announces major reforms in the Approved List of Models and Manufactures for Solar Photovoltaic Modules
Report on Currency and Finance: RBI, green finance and the blue planet
Source: The post is based on the article “RBI, green finance and the blue planet” published in Business Standard on 15th May 2023 What is the News? Reserve Bank of India (RBI) has released a report titled “Report on Currency and Finance: Towards a Greener Cleaner India”. The report has highlighted the impact of climate-change-induced… Continue reading Report on Currency and Finance: RBI, green finance and the blue planet
What is the stalemate over the U.S. debt ceiling?
Source: The post is based on the article “What is the stalemate over the U.S. debt ceiling?” published in The Hindu on 12th May 2023 What is the News? The U.S Treasury Secretary has notified US Congress that the country could default on its debt as early as June 1, 2023. What is Debt Ceiling?… Continue reading What is the stalemate over the U.S. debt ceiling?
Union Agriculture Minister inaugurates the Krishi MApper, an integrated app for Geospatial Data in Agriculture
Source: The post is based on the article “Union Agriculture Minister also inaugurates the Krishi MApper, an integrated app for Geospatial Data in Agriculture” published in PIB on 6th May 2023 What is the News? At the National Conference on Agriculture for Kharif Campaign 2023-24, the Union Agriculture Minister of India launched Krishi MApper. What… Continue reading Union Agriculture Minister inaugurates the Krishi MApper, an integrated app for Geospatial Data in Agriculture
India, Russia said to suspend talks to settle trade in rupees
Source: The post is based on the article “India, Russia said to suspend talks to settle trade in rupees” published in The Hindu on 5th May 2023 What is the News? India and Russia have halted efforts to settle bilateral trade in rupees after months of negotiations failed to convince Russia to keep rupees in… Continue reading India, Russia said to suspend talks to settle trade in rupees
Govt plans to stop building new coal-fired power plants
Source: The post is based on the article “Govt plans to stop building new coal-fired power plants” published in Livemint on 5th May 2023 What is the News? The Government of India plans to stop building new coal-fired power plants apart from those already in the pipeline by removing a key clause from the final… Continue reading Govt plans to stop building new coal-fired power plants
Derecognition of six Indian central counterparties by EU regulator: What will be the impact?
Source: The post is based on the article “Derecognition of six Indian central counterparties by EU regulator: What will be the impact?” published in Indian Express on 4th May 2023 What is the News? The European Securities and Markets Authority (ESMA), the European Union (EU’s) financial markets regulator and supervisor has derecognised six Indian central… Continue reading Derecognition of six Indian central counterparties by EU regulator: What will be the impact?
Russia overtakes Australia as top supplier of pulverised coal injection to India since September
Source: The post is based on the article “Russia overtakes Australia as top supplier of pulverised coal injection to India since September” published in Hindu Businessline on 3rd May 2023 What is the News? Russia has emerged as the top supplier of pulverised coal injection (PCI) to India’s steel mills for at least five months… Continue reading Russia overtakes Australia as top supplier of pulverised coal injection to India since September
