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Umesh Bellur headed GIRO Advisory Group submitted its report to RBI

Published on: 24-APR-2014
Important for Exam: 21 people agreed

GIRO Advisory Group (GAG) under the chairmanship of Prof. Umesh Bellur on 23 April 2014 has submitted its report to Reserve Bank of India (RBI).

IFFCO got permission from Quebec Provincial Government to set up Urea plant

Published on: 21-APR-2014
Important for Exam: 20 people agreed

IFFCO received approval to set up a Urea Plant in Canada on 19 April 2014

Union Government decided to continue export subsidy of 3300 rupees per tonne on raw sugar export

Published on: 21-APR-2014
Important for Exam: 15 people agreed

Union Government has decided to continue export subsidy of 3300 rupees/tonne on raw sugar shipments for months of April and May 2014.

SEBI issued detailed Corporate Governance Norms

Published on: 19-APR-2014
Important for Exam: 65 people agreed

SEBI has issued detailed corporate governance norms for listed companies to encourage companies to adopt best practices on governance.

CAG empowered to audit private telecom companies: SC

Published on: 17-APR-2014
Important for Exam: 34 people agreed

Supreme Court in its direction said that CAG is empowered to audit the private telecom companies.

Inflation based on WPI reached 3-month high of 5.7% in March 2014

Published on: 16-APR-2014
Important for Exam: 33 people agreed

WPI for month of March 2014 was recorded at 5.7%, which was 3-month high. This hike was driven up by increases in prices of food items and fuel costs.

Basel Committee issued Final standards to curb exposures of banks to customers

Published on: 16-APR-2014
Important for Exam: 40 people agreed

The Basel Committee on Banking Supervision on 15 April 2014 issued Final standards for measuring and controlling large exposures of banks to customers.

Securities of 7 firms to be moved from restricted to normal trading category: SEBI

Published on: 16-APR-2014
Important for Exam: 36 people agreed

SEBI had asked the stock exchanges to consider shifting the securities of seven companies to normal trading category from restricted segment.

World Trade to grow by 4.7 percent in 2014: WTO

Published on: 15-APR-2014
Important for Exam: 30 people agreed

World Trade Organisation projected that the world trade grow by 4.7 percent in 2014

India became net steel exporter after a gap of 6 years

Published on: 14-APR-2014
Important for Exam: 37 people agreed

India became net steel exporter in 2013-14 after a gap of six years.

WB projected economic growth rate of 5.7% for India in 2014-15 fiscal

Published on: 11-APR-2014
Important for Exam: 50 people agreed

World Bank has projected that the economic growth rate of India for the fiscal year 2014-2015 will be 5.7 percent.

India ranked 102 out of 132 countries on Social Progress Index

Published on: 05-APR-2014
Important for Exam: 73 people agreed

India was ranked 102 out of 132 countries on the Social Progress Index (SPI) published by the US-based non-profit organisation Social Progress Imperative

MCA notified rules on providing insurance cover for public deposits

Published on: 05-APR-2014
Important for Exam: 26 people agreed

Union Ministry of Corporate Affairs (MCA) notified rules on providing insurance cover for public deposits

SEBI revamped committee on disclosure and accounting standards

Published on: 04-APR-2014
Important for Exam: 12 people agreed

SEBI has revamped its committee on disclosures and accounting standards, which advises it on matters related to disclosure requirements.

Reserve Bank of India adopted CPI as new measure of Inflation

Published on: 03-APR-2014
Important for Exam: 190 people agreed

Reserve Bank of India adopted the new Consumer Price Index (CPI) combined as the key measure of Inflation.

RBI approved banking licences to IDFC Ltd and Bandhan financial services

Published on: 03-APR-2014
Important for Exam: 25 people agreed

RBI has granted in-principle approvals to IDFC Ltd and Bandhan Financial Services Pvt Ltd to start new banks in India.

Banks should not levy penal charges for non-maintenance of minimum Balance: RBI

Published on: 02-APR-2014
Important for Exam: 62 people agreed

The RBI in its first bi-monthly monetary policy statement for 2014-15 directed banks not to impose financial penalty

Asian Development Outlook 2014 released

Published on: 02-APR-2014
Important for Exam: 33 people agreed

Asian Development Outlook 2014 released by the Asian Development Bank on 1 April 2014.

RBI capped WMA limit for central government at 35000 crore rupees for 2015 first half

Published on: 02-APR-2014
Important for Exam: 35 people agreed

RBI has capped the Ways and Means Advances limit for the first half of the new financial year 2014-15 at 35000 crore rupees for Union Government.

Repo Rate kept unchanged by RBI in First Bi-monthly Monetary Policy Statement 2014-15

Published on: 01-APR-2014
Important for Exam: 62 people agreed

Reserve Bank of India (RBI) announced on 1 April 2014 its first Bi-monthly Monetary Policy statement 2014-15

Union Ministry of Corporate Affairs notified rules for ten more chapters in the new Company Act

Published on: 01-APR-2014
Important for Exam: 43 people agreed

Union Ministry of Corporate Affairs notified rules for ten more chapters in the new Companies Act, 2013.

India GDP rises to 5.5 percent in 2014-15: Asian Development Outlook 2014

Published on: 01-APR-2014
Important for Exam: 40 people agreed

India GDP forecast to 5.5 percent in 2014-15 according to report by the Asian Development Outlook 2014.

President cleared the re-promulgation of SEBI Ordinance 2013

Published on: 31-MAR-2014
Important for Exam: 55 people agreed

President Pranab Mukherjee on 30 March 2014 cleared the re-promulgation of the SEBI Ordinance Securities Laws (Amendment) Bill 2013.

BHEL signed contract of 125crore rupees of hydro power in Uttarakhand

Published on: 31-MAR-2014
Important for Exam: 40 people agreed

BHEL signed a contract 125 crore rupees from Uttarakhand Jal Vidyut Nigam Limited

NCDEX launched Bajra Future Contract

Published on: 31-MAR-2014
Important for Exam: 9 people agreed

NCDEX launched the World’s first bajra contract for the benefit of Indian farmers.

Spices export of India increased 41 percent during April to December 2013

Published on: 28-MAR-2014
Important for Exam: 24 people agreed

Spices Board’s released figures say that export of spices of India from April to December 2013 has increased by 41 percent in terms of rupees.

RBI extended the timeline for full implementation of Basel III norms by 2019

Published on: 28-MAR-2014
Important for Exam: 78 people agreed

The Reserve Bank of India (RBI) extended the timeline for full implementation of the Basel III capital regulations by a year.

SEBI to release FATCA compliance norms in the fiscal year 2014-15

Published on: 27-MAR-2014
Important for Exam: 46 people agreed

SEBI announced on 25 March 2014 to release the Foreign Account Tax Compliance Act (FATCA) compliance norms in the fiscal year 2014-15.

EPFO announced to provide Universal Account Number from October 2014

Published on: 27-MAR-2014
Important for Exam: 44 people agreed

EPFO on 24 March 2014 announced to provide Universal Account Number (UAN) to its five crore subscribers from 1 October 2014.

Aditya Puri headed RBI Panel submitted its report

Published on: 26-MAR-2014
Important for Exam: 47 people agreed

A RBI panel headed by Aditya Puri submitted its report on 22 March 2014.

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