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Union Commerce Ministry cancelled approvals of nine SEZs

Published on: 30-SEP-2014
Important for Exam: 32 people agreed

The Union Commerce Ministry on 29 September 2014 cancelled approvals of nine special economic zones (SEZs), including that of Hindalco Industries, Essar and Adani.

UN ESCAP released Asia-Pacific Trade and Investment Report 2014

Published on: 30-SEP-2014
Important for Exam: 2 people agreed

United Nations ESCAP released Asia-Pacific Trade and Investment Report 2014.

RBI announced fourth Bi-Monthly Monetary Policy Statement 2014-15

Published on: 30-SEP-2014
Important for Exam: 94 people agreed

The Reserve Bank of India (RBI) announced fourth Bi-Monthly Monetary Policy Statement on 30 September 2014.

SEBI notified final rules for REITs and InvITs

Published on: 27-SEP-2014
Important for Exam: 89 people agreed

SEBI notified final rules for setting up of the REITs Regulations 2014 and InvITs Regulations 2014.

Union Heavy Industry Ministry proposed to shut down six sick CPSE to the Union Cabinet

Published on: 26-SEP-2014
Important for Exam: 34 people agreed

Union Ministry of Heavy Industries and Public Enterprises on 25 September 2014 proposed the Union Cabinet to shut down six sick CPSEs.

Public Sector Banks require 26–37 billion US dollars to meet Basel-III norms: Moody

Published on: 26-SEP-2014
Important for Exam: 55 people agreed

Global rating agency Moody released a report titled Indian Banks Could Need 26-37 billion US dollar in External Capital for Basel III Compliance.

SBI, ICICI allowed kids to operate bank accounts independently

Published on: 25-SEP-2014
Important for Exam: 148 people agreed

State Bank of India (SBI) and Industrial Credit and Investment Corporation of India (ICICI) on 24 September 2014 allowed kids to operate bank accounts independently.

RBI released Gopalakrishna Committee report on Capacity Building in Banks and non-Banks

Published on: 24-SEP-2014
Important for Exam: 35 people agreed

RBI released Report of the Committee headed by G Gopalakrishna on Capacity Building in banks and non-banks

AAI signed MoU with US Trade & Development Agency

Published on: 24-SEP-2014
Important for Exam: 27 people agreed

AAI on 23 September 2014 signed  a MoU agreement with the  US Trade & Development Agency for the development of Aviation Security Equipment Testing

IFC raised 100 million US dollars through Maharaja Bonds

Published on: 24-SEP-2014
Important for Exam: 29 people agreed

IFC raised 100 million US dollars from rupee bond named Maharaja Bonds.

WPI-based Inflation declined to 5-year low of 3.74 percent

Published on: 17-SEP-2014
Important for Exam: 50 people agreed

The WPI-based inflation fell sharply to 3.74 percent in August 2014, which is five year low after October 2009, when it stood at 1.8 percent.

CCEA approved 4754 crore for power transmission scheme in Arunachal and Sikkim

Published on: 16-SEP-2014
Important for Exam: 57 people agreed

CCEA approved 4754.42 crore rupees scheme for strengthening power transmission and distribution in Arunachal Pradesh and Sikkim.

FICCI’s Economic Outlook Survey estimated India’s GDP growth rate at 5.6 percent in 2014-15

Published on: 15-SEP-2014
Important for Exam: 61 people agreed

FICCI’s Economic Outlook Survey estimated that GDP growth rate of India will be at 5.6 percent in 2014-15.

RBI closed six UCBs suspected of money laundering

Published on: 15-SEP-2014
Important for Exam: 66 people agreed

RBI closed down six Urban Cooperative Banks which were suspected of being used to route illegal money. RBI didn’t disclose the names of these UCBs.

SBI celebrated 150 years of its operations in Sri Lanka

Published on: 13-SEP-2014
Important for Exam: 105 people agreed

State Bank of India (SBI) on 13 September 2014 celebrated 150 years of its operations in Sri Lanka.

RBI fixed the upper age limit at 70 years for M.D. and CEO in private sector banks

Published on: 13-SEP-2014
Important for Exam: 72 people agreed

The Reserve Bank of India on 9 September 2014 decided to fix the upper age limit at 70 years for M.D and CEO in private sector banks

Union Government launched New Payment Gateway Integrated to e-Filing System

Published on: 12-SEP-2014
Important for Exam: 84 people agreed

Union Ministry of Commerce and Industry on 8 September 2014 launched a New Payment Gateway Integrated to e-Filing System of IPOI

SEBI censured BSE for guilty of lapses in share sale of NMDC

Published on: 12-SEP-2014
Important for Exam: 18 people agreed

SEBI found BSE guilty of lapses while conducting 6000 crore rupees share sale of NDMC and censured the bourse for its conduct.

Union Government launched RVC service for smooth transportation of perishable goods

Published on: 12-SEP-2014
Important for Exam: 38 people agreed

Union Agriculture Minister launched Reefer Vehicle Call-in-Centre (RVC) for smooth transportation of perishable goods.

Highest percentage of hired workers in India is in Arunachal Pradesh: 6th Economic Census

Published on: 11-SEP-2014
Important for Exam: 54 people agreed

Highest percentages of hired workers in India are present in Arunachal Pradesh. This was revealed by the provisional results of the 6th Economic Census

CCEA approved stake sale in CIL, ONGC and NHPC

Published on: 11-SEP-2014
Important for Exam: 18 people agreed

CCEA approved the disinvestment of the stake of CIL, ONGC and NHPC to garner a combined 43 thousand crore rupees.

Moody's Analytics released a report titled India outlook: Prospects Brighten

Published on: 11-SEP-2014
Important for Exam: 36 people agreed

Moody’s Analytics released the report titled India Outlook: Prospects Brighten in the second week of September 2014.

Government approved 7% hike in Dearness Allowance

Published on: 05-SEP-2014
Important for Exam: 45 people agreed

Government approved 7% hike in DA to Central Government employees and Dearness Relief to pensioners. The notification will be effective from 1 July 2014.

India slipped to 71st rank in WEF's annual Global Competitiveness List 2014-2015

Published on: 04-SEP-2014
Important for Exam: 70 people agreed

India slipped to 71st position in the global competitiveness list of World Economic Forum.

CAD narrowed down to 1.7 per cent of GDP in Q1 of 2014-15: RBI

Published on: 03-SEP-2014
Important for Exam: 74 people agreed

CAD in Q1 of 2014-15 narrowed down to 1.7 percent due to fall in gold imports.

RBI issued guidelines on implementation of Basel III Capital Regulations

Published on: 02-SEP-2014
Important for Exam: 156 people agreed

RBI issued guidelines on implementation of Basel III Capital Regulations.

Union Government relaxed onion import norms

Published on: 02-SEP-2014
Important for Exam: 13 people agreed

Union Government relaxed the import norms of Onion. It allowed fumigation in India up to 30 November 2014.

RBI asked banks to set time line to process loans

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

To expedite credit decisions, RBI asked banks to set a timeline to process loans. However, RBI didn’t set any particular time frame for it.

Union Government to SC: It wants re-auction of all 218 coal blocks

Published on: 02-SEP-2014
Important for Exam: 21 people agreed

Government informed to Supreme Court that it wants to re-auction of all 218 the coal blocks declared illegal by it.

Union Government notified enhancing the social security cover limit under EPFO

Published on: 30-AUG-2014
Important for Exam: 222 people agreed

Union Government on 28 August 2014 notified enhancing the social security cover limit under the social security...

SEBI issued norms for sharing KYC details with financial regulators

Published on: 30-AUG-2014
Important for Exam: 129 people agreed

The Securities and Exchange Board of India (SEBI) on 30 August 2014 allowed sharing of Know-your-Client details with entities

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