Economics: Point-Wise Current-Affairs/GS Articles 2018 (Including PIB)- Download PDF

  • May 18, 2017
  • 1 Digital Tsunami expected with Massive Layoffs, 6 Lakh Jobs Under Threat [ Eco. ]

    For employees working at IT software services companies, the bad news about layoffs could be potentially worse than has been reported so far. They could be staring at about 6 lakh job cuts in the next two to three years

    Termination of employment

    Termination of Employment

    Termination of employment

    Highli

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  • 2 IT Department Simplifies Linking PAN with Aadhaar for Taxpayers [ Eco. ]

    The Income Tax Department has launched an e-facility to link Aadhaar with Permanent Account Number (PAN), a mandatory procedure for filing I-T returns. Responding to grievances of taxpayers regarding difficulties in linking PAN with Aadhaar as their names did not match in both sy

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  • 3 Mustard Set to Be India’S First GM Food, Gets Regulator Nod [ Eco. ]

    India’s central biotech regulator, Genetic Engineering Appraisal Committee (GEAC), the regulator for GM crops, today recommended commercial use of GM mustard its approval to the environment ministry.

     Image of GM food

    Image of GM Food

    Image of GM food

    Highlights:

    • The Genetic Engineering Appr

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  • 4 IMF: India Will Grow at 7.7% in 2018-19 [ Eco. ]

    The International Monetary Fund (IMF) in its regional economic outlook has predicted the growth rate of India as 7.2 % in the 2017 - 18 fiscal and 7.7 % in 2018 - 19 fiscal after disruptions caused by demonetization.

    Image of the India will grow

    Image of the India Will Grow

    Image of the India will grow

    • Th

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  • 5 RBI Tightens Rules for JLFs [ Eco. ]

    The Reserve Bank of India (RBI) has tightened the rules around making the Joint Lenders’ Forum (JLF) more effective, directing banks not to break any rules and to meet all goals. Any breach of rules would attract a monetary penalty.

    Image of the Reserve Bank of India

    Image of the Reserve Bank of India

    Image of the Reserve Bank of India

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  • 6 The First Time BSE Sensex Ends Above 30,000 at New Peak [ Eco. ]

    Benchmark Sensex closed above the 30, 000-mark for the first time on May, 04 at New Peak. The Nifty too finished at a record high on sustained buying amid positive global cues. The 50-share NSE Nifty spurted 47.95 points to end at a lifetime high of 9, 359.90 previous records clo

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  • May 15, 2017
  • 1 Madhya Pradesh Becomes First State to Shift Financial Year to Jan-Dec Format [ Eco. ]

    Becoming the first state in India, Madhya Pradesh state government today took a decision to change its financial year format to calendar year i. e. January-December starting 2018, as against the current practice of April-March cycle.

    Image of the financial year

    Image of the Financial Year

    Image of the financial year

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  • May 1, 2017
  • 1 Northeast India’S Biggest IT Hub Releases in Tripura [ Eco. ]

    Northeast India’s sixth and largest Information Technology (IT) hub. Employment and e-governance besides to export software technology. The IT hub, set up at a cost of Rs. 50 crore. IT hub would help to create employment opportunities for the IT educated youths.

    Northeast India’s biggest IT hub releases in Tripura

    Northeast India’s Biggest IT Hub Releases in Tripura

    Northeast India’s biggest IT hub releases in Tripura

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  • Apr 28, 2017
  • 1 📹 The Growth in Global Economy by 3.5% [ Eco. ]

    As predicted by the IMF the global economy would have a growth of 3.5 % in 2017. The projection given this year is slightly higher than what IMF had given last year. The improvement had proved to be good economic news in Europe and Asia. The momentum had been building up since th

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  • 2 New Real Estate (Regulation & Development) Act [ Eco. ]

    The new Real Estate (Regulation & Development) Act (RERA) will come into action from May 1st, 2017. This new law will give new shape to the real estate. It will give transparency and accountability of the entire real estate sector. It will also benefit the buyer in many huge ways

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  • 3 📹 PM Advice Folks to Use Narmada Water Judiciously [ Eco. ]

    Botad had seen the rousing reception of the Prime Minister who had come there to inaugurate the 1st phase of the 2nd link of Saurastra Narmada Avataram yojna. He had urged the people to use the water judiciously as it can make the people of the village wealthy. He told them to us

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  • 4 📹 Normal Monsoon in South-West: IMD [ Eco. ]

    For 2017, there would be normal monsoon as predicted by the Indian Meteorological Department’s with a rainfall of 96 % of the long-period average (LPA). Rainfall between 96 % and 104 % of LPA is considered as normal. The country had suffered droughts in 2014 and 2015 too. In 2016

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  • 5 📹 “Tropical Cyclone Maarutha” Seen in Bay of Bengal [ Eco. ]

    A tropical cyclone named Maarutha has been identified in the Bay of Bengal as a deep depression. This cyclone will hit Myanmar on 17th April 2017 and it will be bringing heavy rains. It is the 1st named storm of 2017 in the region.

    Cyclones, Formation & Its 2 Types

    Dr. Manishi

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  • Apr 21, 2017
  • 1 ASCI Issues Guidelines for Celebrities [ Eco. ]

    A new set of guidelines have been set by the Advertising Standards Council of India (ASCI) for the celebrities endorsing products. According to the guidelines, celebrities will also include includes other well known personalities like doctors, authors, activists and educationists

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  • Apr 14, 2017
  • 1 India Ranks 40 in WEF’S 2017 Travel and Tourism Competitiveness Index [ Eco. ]

    India has been ranked 40th among the 136 economics across the world in 2017 Travel and Tourism Competitiveness Index (TTCI) released by the World Economic Forum (WEF). In this edition of index, India has jumped 12 places from earlier 52nd position in 2015. But it lagged behind it

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  • Apr 12, 2017
  • 1 CCEA Approves Extension of Implementation of CCTNS Project by One Year [ Eco. ]

    The Cabinet Committee on Economic Affairs (CCEA) has approved the extension of the implementation phase of the Crime and Criminals Tracking Network and Systems (CCTNS) Project for another year beyond 31 March 2017. The proposal in this regard was forwarded by the Union Ministry o

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  • Apr 9, 2017
  • 1 PM Narendra Modi Inaugurates India’S Longest Road Tunnel in Jammu & Kashmir. [ Eco. ]

    Prime Minister Narendra Modi inaugurated the country’s longest road tunnel that links Kashmir Valley with Jammu by an all-weather route. The tunnel is expected to give sigh of relief to travelers on the Jammu-Srinagar national highway, as it will reduce the travel time on Nationa

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  • Apr 6, 2017
  • 1 Cabinet Approves Ratification of 2 ILO Conventions on Prohibiting Child Labour [ Eco. ]

    The Union Cabinet has approved ratification of two fundamental conventions of the ILO which is a step in the direction of achieving the goal of eradication of child labour. The Minimum Age Convention, 1973 and the Worst Forms of Child Labour Convention, 1999.

    Image of ILO Structure

    Image of ILO Structure

    Image of ILO Structure

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  • 2 Kanha Tiger Reserve Becomes First in India Get Official Mascot [ Eco. ]

    Kanha Tiger Reserve has become the first tiger reserve in India to introduce a mascot which has been named Bhoorsingh the Barasingha. The Barasingha or swamp deer is the state animal of Madhya Pradesh. The spirit of the reserve and spread awareness to save it from possible extinc

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  • 3 True Caller Ties –Up with Bharti Airtel, ICICI Bank and Google in India [ Eco. ]

    True-caller made a series of announcements, ties-up with Bharti Airtel, ICICI Bank and Google in India and launched the latest version of its application with new features. CNBC-TV18′s Megha Vishwanath catches up with the founders of True-caller in Delhi.

    Truecaller ties up with Bharti Airtel,ICICI Bank&Google

    Truecaller Ties up with Bharti Airtel, ICICI Bank&Google

    True caller ties –up with Bharti Airtel, ICICI Bank and Google in India

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  • Apr 2, 2017
  • 1 Government Approves 101 Cold Chain Projects to Boost Food-Processing Sector [ Eco. ]

    The Government has sanctioned 101 new integrated cold chain projects across the country. To reduce wastage of agricultural produce and add value to farmers’ harvests ranging from fruits and vegetables to fish, dairy and marine products.

    Food Processing Minister Harsimrat Kaur Badal

    Food Processing Minister Harsimrat Kaur Badal

    Food Processing Minister Harsimrat Kaur Badal

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  • Mar 30, 2017
  • 1 Five Indian Cities Included in World Heritage List [ Eco. ]

    Union Government information that five Indian cities were included in the tentative list of UNESCO world Heritage Sites. The cultural heritage of a country is a spectacular memorandum of its glorious past.

    The five cities included are:

    1. Ahmedabad
    2. Jaipur
    3. Delhi
    4. Mumbai
    5. Bhubaneswar

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  • Mar 28, 2017
  • 1 Idea Approves Merger with Vodafone India [ Eco. ]

    Idea approves merger with Vodafone India an attempt to create the company’s biggest telecom operator with about 400 million customers. The merger is expected to be completed in 2018. Vodafone India is the country’s second largest operator by users and Idea Cellular the third larg

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  • Mar 20, 2017
  • 1 INS Tillanchang Commissioned by Indian Navy [ Eco. ]

    India Navy has commissioned INS Tillanchang at Karwar, Karnataka. A Water Jet Fast Attack Craft (WJFAC), has been commissioned into Indian Navy by Vice Admiral Girish Luthra. This announcement has come just one day after INS Viraat was decommissioned which the Indian Navy called

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  • 2 Second Stage of India HCFC Phase Out Management Plan Launched [ Eco. ]

    The environment minister Anil Madhav Dave launched the second stage of HCFC phase out management Plan for the 2017 – 23 periods, as required under the Montreal Protocol. Second stage of India HCFCs phase out Management Plan launched for research in developing environment-friendly

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  • 3 China Overtakes Eurozone as World’S Biggest Bank System [ Eco. ]

    China’s banking system has surpassed that of the Eurozone to become the world’s largest by assets. The country’s increasing global influence and its reliance on growth driven by debt.

    Key highlights:

    • China’s gross domestic product surpassed the EU’s economic bloc in 2011 at ma

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  • 4 Accession to Global Customs Convention Approved by Union Cabinet [ Eco. ]

    Indian accession to the customs convention on international transport of goods approved by Union Cabinet. This will help in faster movement of export goods. The decision was taken by the Union Cabinet chaired by Prime Minister Narendra Modi.

    Key Highlights:

    • Indian traders to h

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  • Mar 17, 2017
  • 1 Chandigarh to Host Destination North East 2017 [ Eco. ]

    Chandigarh will be hosting a three-day long ‘Destination North East’ 2017, aimed at showcasing North East as a potential destination for investment. Being organized by PHD Chamber of Commerce and Industry in association with the Ministry of Development of North Eastern Region (Do

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  • 2 India Aims to Achieve 8% Growth Despite Note Ban [ Eco. ]

    India’s economy will continue its momentum despite demonetization. It achieves an 8 % growth next year. According to recent data, growth for the September- December quarter stood at 7 per cent.

    Image of Dharmendra Pradhan

    Image of Dharmendra Pradhan

    Image of Dharmendra Pradhan

    Highlights:

    • Article is pub

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  • 3 DMRC Enters Limca Book of Records [ Eco. ]

    DMRC has listed by entering the prestigious Limca Book of World Records. For constructing 200 Girders in just one month on the Noida – Greater Noida corridor. This project has been executed by DMRC on behalf of Noida Metro Rail Corporation (NMRC) Ltd. Maximum number of U-girders

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