Economics Current Affairs

INDRADHANUSH PLAN FOR REVAMP OF PUBLIC SECTOR BANKS News Finance minister Arun Jaitley on Friday launched a seven pronged plan-- Indradhanush--to revamp functioning of public sector banks. The move was also welcomed by the Reserve Bank of…

Second green revolution in India One in every two Indians relies on agriculture for livelihood, yet India still has the second highest number of undernourished people in the world. It is not surprising, therefore, that…

Small finance banks News Reserve Bank of India has accorded "in-principal" approval for 10 small finance banks that will focus on small geographies for operations but with a strong capital base. Analysis In 2009, a…

Understanding Indian Banking Sector Why in news ? RBI might limit size of lender consortiums The Reserve Bank of India (RBI) is considering a proposal that would limit the number of participants in a single…

Ease of doing business in India The Doing Business 2015 rankings show India at a depressing 142 out of 189 countries ranked, having actually slipped two ranks (140) from the previous year world order. Most…

SEBI Notifies Norms for Anchor Investors in Public Offers Why in News? Capital market regulator Securities and Exchange Board of India, or Sebi, on Thursday amended its disclosure and investor protection guidelines to include the…

  MSME in India Importance of MSMEs Micro, Small and Medium Enterprises (MSMEs) play a significant role in the economic growth of the country owing to their contribution to production, exports and employment. In present…

Defence Sector Manufacturing and Make in India India’s current requirements on defence are catered largely by imports. The opening of the strategic defence sector for private sector participation will help foreign original equipment manufacturers to…

Why in News: In an attempt to redraft 83 archaic Bilateral Investment Treaties (BIT), the Law Commission of India (LCI) in its 260th report on the Draft Model Indian Bilateral Treaty (Model Draft).     BITs: An…

CHINA DECLINING GROWTH RATE In the long run, growth is a function of changes in labour, capital and productivity. When all three increase, as they did in China for many years, growth rates are superlative.…

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