Free E-Book: Current Affairs 2014

:: Economy ::

• RBI in Mid-Quarter Monetary Policy Review
• PPPAC appraised five Port Projects
• PSB’s to Act as Insurance Brokers
• Financial sector regulators asked to implement FSLRC proposals
• India’s trade deficit with China surges to 29.5 billion dollar
• Cabinet approved FTA with ASEAN
• Business Confidence Index
• Currency swap agreement between RBI and Bank of Japan
• Fiscal deficit to touch 5.2%
• CIL allowed to pump gas from CBM mines
• Coal Bed Methane Policy in India
• Inflation Indexed Saving Bonds
• The Ragarajan Panel Recommendation for Highway sector
• Sugar Industry got 6600 crore rupees free loan
• FDI Policy for unlisted Companies modified
• Justice Sodhi Committee submitted report
• Merger and Acquisition Guidelines for Telecom Sector approved
• 8TH Financial Stability Report
• RIL allowed to sell gas at higher price with bank guarantee
• Mauritius-India agreement on revised Tax Treaty
• Direct transfer of Cash subsidy soon on kerosene
• What is External Commercial Borrowing?
• Union Cabinet approved Reserve price for Spectrum Auction
• Deposit Requirements for members of the Debt Segment
• CCEA noded to provide aid to sugar industry
• Norms relaxed for participation of NBFCs in Insurance JVs
• RMS for Trade Facilitation in Export Sector Introduced
• Medium Manufacturing Enterprises to be included under Priority Sector
• NIC got approval of 75 % Innovation Fund Corpus
• Provision for Higher Sugar Export announced
• Third-party payment for Export and Import Transactions allowed
• Banks to Charge customers on actual usage of SMS alerts
• Sale of 5 kg LPG cylinders extended to petrol pumps
• Refinance window for the MSME extended to 5000 crore
• Women SHGs to get Banks loans at 7 percent
• Foreign banks subsidiaries permitted to acquire domestic PSBs
• Definition of Infrastructure lending Sub Category widened
• Bharatiya Mahila Bank launched
• Continuation of Agriculture Export Plan of APEDA approved
• IPDS for Textiles Industry
• Broadband Subscriber increased to 15.24 Million
• Telecom Subscribers increased to 904.46 Million
• India & Japan Signed MoU to study Mumbai-Ahmedabad Rail Route
• Pact for Uttar Pradesh Water Sector Restructuring Project
• Cabinet Committee on Economic Affairs Decisions
• Integrated Textile Parks Scheme in 12th FYP
• Trade Deficit Estimated at 80126.24 Million US Dollars
• Jet-Etihad deal Approved by SEBI (Securities Exchange Board of India)
• RBI fixed the Reference Rate of Rupee against US Dollar at 61.4050
• Bhubaneswar and Imphal airports were Declared as International Airports
• RBI reduced the MSF Rate to 9 Percent
• National Mission on Oilseeds and Oil Palm approved
• MSP of Wheat by 50 Rupees per Quintal
• IFC Launched 1 Billion Dollar offshore Rupee Bond Programme
• RBI Allowed Banks to Revise Periodicity of Interest Payments
• SEBI approved Major Reforms to Attract Overseas Investors
• Economic Outlook 2013-14 Released
• FMC’s Administrative Control shifted to Finance Ministry
• Government notified GAAR
• RBI appealed against currency garlands
• Foundation of MEMU Coach Factory was laid at Bhilwara
• MEMU Trains
• Austerity Measures to Contain Rising Fiscal Deficit Announced
• RBI issued norms for Currency Swap Window
• RBI Banned Zero Percent Interest Rate Schemes for Purchase of Consumer Goods
• RBI Increased the Repo Rate
• CCEA Took Steps For Operationalisation of Infrastructure Debt Funds
• Expert Committee to revise and strengthen Monetary Policy Framework
• RBI allowed the Non-Resident Investors to buy Shares under FDI Scheme
• Import Duty on Gold Hiked
• SEBI relaxed KYC norms for foreign investors
• Category I includes
• Corporate Bodies, Trusts, Individuals, Family Offices
• Government Notified Changes in the FDI Policy
• CCEA approved the Methodology for Coal Block Auction
• RBI liberalised norms for banks to open branches in Tier I cities
• Russia Lifted Ban on Import of Non-Basmati Rice and Oilseeds from India
• RBI relaxed Trade Credit Norms to raise Funds from Abroad
• RBI Announced Committee to Frame Vision for Financial Inclusion
• Bhartiya Mahila Bank Started Recruitment Process
• MCQ

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