India jumps to 77th rank in the Ease of Doing Business Index News: India has ranked 77th in the annual list, as against 100 last year in the World Bank’s Ease of Doing Business Index 2018. Important Facts: 2. India has jumped 23 ranks from 2017 becoming the top ranked country in South Asia for… Continue reading India jumps to 77th rank in the Ease of Doing Business Index
Tag: Economy
How Centre’s ‘board game’ fuelled the feud with RBI
How Centre’s ‘board game’ fuelled the feud with RBI News: The simmering tensions between the Reserve Bank of India and the Centre found spectacular release recently through a public speech by Deputy Governor Viral Acharya. Important Facts: A certain amount of creative tension is systemically in-built between Reserve Bank of India and Centre given their… Continue reading How Centre’s ‘board game’ fuelled the feud with RBI
ICF rolls out Train 18, the NextGen Shatabdi
ICF rolls out Train 18, the NextGen Shatabdi News: India’s first engine-less semi-high speed train named “Train 18” was rolled out recently by the Integral Coach Factory (ICF) here and will eventually replace the Shatabdi Express for inter-city travel. Important News: 2. Features: This is the first long-distance train without separate locomotive (engine) and thus… Continue reading ICF rolls out Train 18, the NextGen Shatabdi
Time to talk: on Centre-RBI differences
Time to talk: on Centre-RBI differences News: The simmering tensions between the Reserve Bank of India and the Centre found spectacular release recently through a public speech by Deputy Governor Viral Acharya. Important Facts: 2. A certain amount of creative tension is systemically in-built between Reserve Bank of India and Centre given their different perspectives.… Continue reading Time to talk: on Centre-RBI differences
State ranked first with 10.5% growth
State ranked first with 10.5% growth News: Andhra Pradesh has achieved number one rank in the country with an average growth of 10.5% during the last four years, surpassing many developed States such as Maharashtra and Gujarat following “focused approach” Important Facts: 2. Andhra Pradesh (AP) achieved a growth rate of 10.5 per cent in… Continue reading State ranked first with 10.5% growth
Not just liquidity: on NBFCs crisis
Not just liquidity: on NBFCs crisis News: Non-banking financial companies are stuck in a liquidity crises which has now reached to the tumbling stock prices. Important Facts: About the crises: It started with defaults by Infrastructure Leasing and Financial Services Ltd (IL&FS), which has been classified as core investment company by RBI. This infrastructure lender… Continue reading Not just liquidity: on NBFCs crisis
A job at hand
A job at hand News The Union Ministry of Labour has urged States to issue orders permitting fixed-term employment (FTE) across industries. Important Facts: Fixed-term employment Fixed-term employment is a contract in which a company or an enterprise hires an employee for a specific period of time. Under fixed-term employment, workers are entitled to statutory… Continue reading A job at hand
India set to be third largest aviation market
India set to be third largest aviation market News: In its latest 20-year forecast for the aviation industry, the International Air Transport Association (IATA) has revealed that India will be the third largest aviation market globally in 6 years. Important Facts: 2. India is now expected to be among the top three countries by 2024… Continue reading India set to be third largest aviation market
Tribunal to try benami cases soon
Tribunal to try benami cases soon News: The government has approved the appointment of Adjudicating Authority and establishment of Appellate Tribunal for speedy disposal of cases related to benami transactions. Important Facts: The Adjudicating Authority and Appellate Tribunal has been created under Prohibition of Benami Property Transactions Act (PBPT), 1988. Salient Features of Adjudicating Authority… Continue reading Tribunal to try benami cases soon
Our fixation with metro rail projects
Our fixation with metro rail projects News: The article discusses about the viability metro rail system in India with regard to the economic viability and the transportation needs of cities. Important Facts: Metro projects in India: After the first metro project in Kolkata in 1984, India executed its second metro rail project in Delhi in… Continue reading Our fixation with metro rail projects
