The Pension Fund Regulatory and Development Authority (PFRDA) notified the Point of Presence (PoP) Regulations 2023, simplifying the registration process with the objectives of ease of doing business and greater usage of digital mode.
Category: Economy
MPLADS e-SAKSHI Mobile Application
The Ministry of Statistics and Programme Implementation (MoSPI) launched the MPLADS e-SAKSHI Mobile Application for revised fund flow procedure under MPLAD Scheme. Key points
Silver Economy
Recently, China rolled out a policy for a so-called “silver economy” estimated to be worth trillions of dollars, catering to a rapidly-aging population needing services ranging from meal delivery to nursing homes and entertainment options.
India acquires five lithium blocks in Argentina
India on 15 January announced the acquisition of five lithium blocks in Argentina. Key points Lithium
Over 24.8 crore people moved out of poverty in India-NITI Aayog
According to the NITI Aayog discussion paper, as many as 24.82 crore people moved out of multidimensional poverty in nine years to 2022-23. Uttar Pradesh, Bihar and Madhya Pradesh registered the largest decline. Key points National multidimensional poverty (NMPI) Alkire Read More …
SBI Green Rupee Term Deposit (SGRTD) scheme
State Bank of India (SBI) has introduced SBI Green Rupee Term Deposit (SGRTD) scheme to mobilise funds to support environment friendly initiatives and projects. Key points
First oil recovered from the Krishna Godavari Basin
Oil and Natural Gas Corporation (ONGC) commenced its ‘first oil production’ from the deep-water KG-DWN 98/2 Block in the Krishna Godavari (KG) basin off the Bay of Bengal on the Kakinada coast on January 7.
First edition Inland Waterways Development Council (IWDC)
The first edition of Inland Waterways Development Council (IWDC) meeting took place on the MV Ganges Queen vessel at the Kolkata Dock Complex.
Health Ministry revises pharma manufacturing rules under Schedule M
The Union Health Ministry on January 6 notified revised rules under Schedule M of the Drugs and Cosmetics Rules, 1945. Key points
SEBI permits short-selling across all categories
The Securities Exchange Board of India (SEBI), on 5 January, announced that investors across all categories will now be allowed for short-selling. Short-selling is the sale of a stock which a person does not own at the time of trade Read More …
Politically-Exposed Persons (PEPs)
The Reserve Bank of India (RBI) has amended the Master Direction (MD) on Know Your Customer (KYC) guidelines, aiming to redefine and provide clearer parameters for identifying Politically Exposed Persons (PEPs).
Tur Dal Procurement Portal
Cooperation minister Amit Shah on January 4 launched Tur Dal Procurement Portal through which farmers can sell tur dal to government procurement agencies. Key points
Open Acreage Licensing Policy (OALP) Bid Round-IX launched
Ministry of Petroleum and Natural Gas (MoPNG) on 3 January 2024 signed contracts for 10 blocks awarded under Open Acreage Licensing Policy (OALP) Bid Round-VIII and 3 Coal Bed Methane (CBM) Blocks awarded under Special CBM Bid Round-SCBM 2022. About Read More …
RBI issues guidelines on bank classification of inoperative and unclaimed deposits
The Reserve Bank of India (RBI) on 1st January 2024 released comprehensive guidelines on the measures to be put in place by banks while classifying accounts and deposits as inoperative accounts and unclaimed deposits. Key points
Date Of Manufacturing, Unit Sale Price Now Mandatory On All Packaged Commodities
The Consumer Affairs Ministry has made it mandatory to print the ‘date of manufacturing’ and ‘unit sale price’ on all packaged commodities effective from 1 January 2024.