(Current Affairs) Economic & Energy | January : 2012

Economic & Energy

  • Foreign Exchange Reserves slipped below $300-billion
  • ADB Loan to Finance Road Projects in Naxal-hit Areas
  • IRDA introduced Uniform Asset-liability Management Norms
  • Benefits of ALM Policy
  • No Floating Interest Rates on Small Savings Schemes
  • Bill to Amend Forward Contracts Regulation Act 1952
  • Implementation of Levy on Railway Freight Service deferred
  • RIL’s $1.529 billion Investment Plan approved
  • Export Duty on Iron Ore Exports raised
  • RBI allowed NRIs to hedge their Currency Risk in respect of ECB
  • Financial Package of Rs 257 crore Recommended for NEPA
  • Union Government Quadrupled Limits on Loans
  • RBI Ordered Banks to Keep More Capital For Investments in Financial Entities
  • Uniform Licence Fee of 8% of AGR recommended
  • Cheques to be issued conforming to Cheque Truncation System 2010 Standard
  • RBI tightened the Capital Adequacy Norms for all NBFCs
  • Tea Imports Declined
  • IT Sector created most Jobs in the last 5 Years
  • First Pan-India Satellite Survey
  • Illegal Mutual Roaming Agreements to be Scrap
  • Moody's upgraded Credit Rating of Indian Government's Bonds
  • India exited from $1 trillion Group
  • India's Energy Security Under Pressure
  • Indian Mobile Phone Market grew 12%
  • Repo Rate Unchanged at 8.5 %

 

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