The Economist Intelligence Unit (EIU) has released the Business Environment Rankings (BER) 2024. Key findings About Business Environment Rankings (Sources: Mint and Moneycontrol)
Category: Economy
Domestic Systemically Important Banks (D-SIBs) for 2024
State Bank of India, HDFC Bank and ICICI Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs) in the 2024 list of this category.
World Intellectual Property Indicators 2024
The World Intellectual Property Indicators 2024 was released the World Intellectual Property Organization (WIPO). Key points India has secured a spot in the global top-10 for all three major intellectual property (IP) rights — patents, trademarks, and industrial designs.
Tuna Cluster in the Andaman and Nicobar Islands
The Union Ministry of Fisheries, Animal Husbandry and Dairying has notified the Development of Tuna Cluster in the Andaman and Nicobar Islands under the Pradhan Mantri Matsya Sampada Yojana (PMMSY). Other initiatives
Kodo millet
Ten wild elephants from a herd of 13 died over the last three days in Madhya Pradesh’s Bandhavgarh Tiger Reserve.
CCEA approves infusion of Rs 10,700 cr equity in FCI
The Cabinet Committee on Economic Affairs, on November 6, 2024, approved the infusion of equity of Rs 10,700 crore in Food Corporation of India (FCI) by way of conversion of ‘Ways and Means Advance’ to equity in 2024-25.
WTO Sanitary and Phytosanitary Measures (SPS) agreement
Recently, many Indian agriculture export consignments were rejected due to stringent quality norms of some countries. About WTO SPS agreement
‘Kashmir Willow Cricket Bat’ listed as handicraft
The Government of India has listed the ‘Kashmir Willow Cricket Bat’ as part of the handicraft industry. Craft categories The willow bat industry
Approved List of Models and Manufacturers (ALMM)
The Government of India is planning to introduce an Approved List of Models and Manufacturers (ALMM) for solar cells on the lines of module manufacturing to boost India’s transition towards green energy.
Loan limit under PM Mudra Yojana (PMMY) increased to Rs.20 lakh with ‘Tarun Plus’ category
The Department of Financial Services (DFS) in the Union Finance Ministry has created a new ‘Tarun Plus’ category under the Pradhan Mantri MUDRA Yojana (PMMY) to encourage entrepreneurship in the country. Key points Pradhan Mantri MUDRA Yojana (PMMY)
Galathea Bay notified as the 13th major port
The mega international container transshipment port (ICTP) at Galathea Bay — in the Great Nicobar island in the Bay of Bengal — has been notified as the 13th major port.
Bihar gets its first dry port at Bihta
Recently, Bihar Industry minister inaugurated the state’s first dry port at Bihta, a town near state capital Patna.
Pathakhera issued Mine Closure Certification by Ministry of Coal
Ministry of coal announces a significant achievement in sustainable mining practices with the issuance of final mine closure certificates for the Pathakhera Area of WCL.
eShram-One Stop Solution
The Central Government’s ‘eShram-One Stop Solution’ portal has now integrated 12 schemes of different Central Ministries and Departments to the site. Key points
RBI bars four NBFCs from sanctioning and disbursing loans
The Reserve Bank of India (RBI) has barred four non-banking finance companies (NBFCs), including two microfinance institutions (MFIs), from sanctioning and disbursing loans for charging exorbitant interest rates to the borrowers. About Non-Banking Financial Company (NBFC)