Index of Eight Core Industries (Base: 2011-12=100) for December 2020 DATE: 29 JAN 2021 1- The Office of The Economic Adviser, Department for Promotion of Industry and Internal Trade is releasing Index […]
The concept for Amazon came to me in 1994. The idea of building an online bookstore with millions of titles—something that simply couldn’t exist in the physical world—was exciting to me. At the time, I was working at an investment firm in New York City. When I told my boss I was leaving, he took me on a long walk in Central Park. After a lot of listening, he finally said, “You know what, Jeff, I think this is a good idea, but it would be a better idea for somebody who didn’t already have a good job.”
Non-banking financial institutions (NBFIs), engaged in varied financial activities are part of the Indian financial system providing a range of financial services. NBFCs are incorporated under the Companies Act, 1956. NBFCs can be classified into two broad categories, viz., (i) NBFCs accepting public deposit (NBFCs-D) and (ii) NBFCs not accepting/holding public deposit (NBFCs-ND). Residuary Non-Banking Companies(RNBCs) are another category of NBFCs whose principal business is acceptance of deposits and investing in approved securities. In the interest of depositors, RBI has evolved a regulatory framework the salient features of which are outlined below for the guidance of depositors
WB Doing Business Report 2020 India Starting a business India made starting a business easier by abolishing filing fees for the SPICe company incorporation form, electronic memorandum of association, and articles of […]
We, the Heads of State/Government of the Member States of the Association of Southeast Asian Nations (ASEAN) – Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam – Australia, China, Japan, Korea and New Zealand, met virtually on 15 November 2020, on the occasion of the 4th RCEP Summit.
CCI approves acquisition of 7.73% equity share capital of Jio Platforms Limited by Google International LLC DATE: 12 NOV 2020 The Competition Commission of India (CCI) approves acquisition of 7.73% equity share […]
DATE: 11 NOV 2020 The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has given its approval to introduce the Production-Linked Incentive (PLI) Scheme in the following 10 key sectors […]
China will pursue deeper bilateral, multilateral and regional cooperation. China stands ready to conclude high-standard free trade agreements with more countries in the world. We will work for the early signing of the Regional Comprehensive Economic Partnership (RCEP) and speed up negotiations on a China-EU investment treaty and a China-Japan-ROK free trade agreement.