CURRENT AFFAIRS

• Vaid's ICS, Lucknow
• 09, Nov 2021

Why in news?Vadodara Municipal Corporation(VMC) is expected to launch municipal bonds and will become the third Urban Local Body(ULB) in Gujarat to use municipal bonds to raise money.Facts:Ahmedabad was the first city in South Asia to launch a municipal bond in 1998 which was

• IAS NEXT, Lucknow
• 08, Nov 2021

Reference News:The prices of most major cooking oils have dropped and stabilised across the country in the run-up to Diwali.Reasons for the drop in prices:Stabilisation of global prices.Duty cuts.Cut in wholesale prices by major private players.Stock limits imposed by th

• IAS NEXT, Lucknow
• 08, Nov 2021

Reference News:The Centre is targeting five times’ increase in export of technical textiles in three years.Technical Textiles market and India’s share in it:The world market for technical textiles is $250 billion and India’s share is $19 billion.T

• Vaid's ICS, Lucknow
• 27, Oct 2021

Why in News?PM has recently addressed the India-Australia Circular Economy Hackathon (I-ACE)What is Circular Economy?It is an economy where products are designed for durability, reuse and recyclability and thus almost everything gets reused, remanufactured, and recycled int

• IAS NEXT, Lucknow
• 27, Oct 2021

Bharti Airtel has decided to opt for the four-year moratorium on Adjusted Gross Revenue (AGR) and spectrum payments, making it the second telco after Vodafone Idea to accept the offer, which was part of the recently announced telecom relief package.Background:The Un

• IAS NEXT, Lucknow
• 21, Oct 2021

Fugitive diamond merchant Nirav Modi’s attempts to get the fraud allegations against him dismissed suffered a major setback after the bankruptcy court in New York dismissed his petition.Background:UK High Court had granted fugitive diamond merchant Nirav Modi permission to a

• Vaid's ICS, Lucknow
• 19, Oct 2021

Why in News?India and ADB sign pact for development of infrastructure projects in Tripura.The Asian Development Bank (ADB) and the Government of India signed a $ 42 million project financing agreement for the development of basic projects in Tripura.Through this ag

• IAS NEXT, Lucknow
• 12, Oct 2021

The Reserve Bank of India (RBI) is halting its bond buying under the G-Sec Acquisition Programme(GSAP) for now.It said that the measure had succeeded in ensuring adequate liquidity and stabilising financial markets.Impacts and outcomes:Coupled with other liquidity

• IAS NEXT, Lucknow
• 09, Oct 2021

Seychelles’ Tax Inspectors Without Borders (TIWB) programme launched in partnership with India.This programme is the sixth TIWB programme which India has supported by providing Tax Expert.Benefits of the programme:Through this India in collaboration with the

• Vaid's ICS, Lucknow
• 04, Oct 2021

Why in News:Sri Lanka and the International Fund for Agricultural Development (IFAD) are working together to promote the island’s agriculture-based economy.They are now partnering to create the Smallholder Agribusiness and Resilience Project (SARP) to c