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www.mahendraguru.com
BANKING AND ECONOMY report “Fourth Quarter, 2015, State of the
Internet Report” was released by Akamai
NEWS OF THE MONTH Technologies Inc., a global leader in content
31 March: The government delivery network services.
permitted 100 per 28 March:
cent FDI in the
market place format
of e-commerce
retailing with a
view to attract more
foreign investments. As per the guidelines
issued by the Department of Industrial The report ‘Global Trends in Renewable
Policy and Promotion (DIPP) on FDI in Energy Investment 2016’ by the UN
e-commerce, foreign direct investment Environment Programme said the
(FDI) has not been allowed in inventory- developing world including China, India
based model of e-commerce. and Brazil committed a total of USD 156
31 March: The Asian Development Bank's (ADB) billion in new renewables capacity last
growth forecast of 7.4 per cent for 2016- year, up 19 per cent from 2014.
17 is substantially lower than its earlier 28 March: BMI Research said that the Indian
projection of 7.8 per cent. economy is expected to grow at 7.2 per
30 March: Asian Development cent in 2016-17. Earlier BMI projected a
Bank (ADB) and the US growth rate of 7.3 per cent in FY2015/16.
Agency for International 28 March: Myanmar's irst modern stock exchange,
Development (USAID) Yangon Stock Exchange was oficially
will assist India in opened for trading. Only one company
developing the clean ‘First Myanmar Investment’ is listed in the
energy infrastructure by stock exchange so far.
collaborating on design 23 March: According to Reserve Bank of India data,
and development of country's current account deicit, CAD,
public private partnership (PPP) investment narrowed to 1.3 per cent of GDP in the
models for solar parks. ADB and the USAID third quarter of the current iscal, from 1.5
signed a memorandum of understanding per cent in the year-ago quarter.
(MoU) on this.
30 March: The World Bank opened its ofice in 23 March: Telangana, French aviation companies
signed a MoU to set up training centre in
Malaysia which will also serve as a global Hyderabad.
knowledge and research hub.
30 March: First direct container MV Harbour-1 Vessel 23 March: Ola, country's leading mobile app for
transportation, has signed a Memorandum of
between India and Bangladesh lagged off Understanding (MoU) with the Government
from Krishnapatnam. of Maharashtra, to develop and create
30 March: Reliance Defence, a part of the Anil quality opportunities for entrepreneurship
Ambani-led group said that it is forming a for youth of the state, including women.
joint venture in India with Rafael of Israel 23 March: Ericsson (ERIC) has signed a Business
for air-to-air missiles, air defence systems Support Systems (BSS) transformation
and large aerostats, with a seed capital of contract with Bhutan Telecom, Bhutan`s
over Rs.1,300 crore. largest telecom service provider. Under
30 March: Finance Minister the terms of the agreement, Bhutan
Shri Arun Jaitley Telecom`s complete billing systems will be
inaugurated Sydney transformed into a convergent environment.
Branch of Union 22 March: Prime Minister Shri Narendra Modi
Bank of India. inaugurated ‘Krishi Unnati Mela’- the
29 March: India had the slowest average connection National Level Agriculture Fair-cum-
speed in the Asia region in the last quarter Exhibition in New Delhi. He also conferred
of 2015, at 2.8 megabits per second. The Krishi Karman Awards.
www.mahendraguru.com
[2]
BANKING AND ECONOMY report “Fourth Quarter, 2015, State of the
Internet Report” was released by Akamai
NEWS OF THE MONTH Technologies Inc., a global leader in content
31 March: The government delivery network services.
permitted 100 per 28 March:
cent FDI in the
market place format
of e-commerce
retailing with a
view to attract more
foreign investments. As per the guidelines
issued by the Department of Industrial The report ‘Global Trends in Renewable
Policy and Promotion (DIPP) on FDI in Energy Investment 2016’ by the UN
e-commerce, foreign direct investment Environment Programme said the
(FDI) has not been allowed in inventory- developing world including China, India
based model of e-commerce. and Brazil committed a total of USD 156
31 March: The Asian Development Bank's (ADB) billion in new renewables capacity last
growth forecast of 7.4 per cent for 2016- year, up 19 per cent from 2014.
17 is substantially lower than its earlier 28 March: BMI Research said that the Indian
projection of 7.8 per cent. economy is expected to grow at 7.2 per
30 March: Asian Development cent in 2016-17. Earlier BMI projected a
Bank (ADB) and the US growth rate of 7.3 per cent in FY2015/16.
Agency for International 28 March: Myanmar's irst modern stock exchange,
Development (USAID) Yangon Stock Exchange was oficially
will assist India in opened for trading. Only one company
developing the clean ‘First Myanmar Investment’ is listed in the
energy infrastructure by stock exchange so far.
collaborating on design 23 March: According to Reserve Bank of India data,
and development of country's current account deicit, CAD,
public private partnership (PPP) investment narrowed to 1.3 per cent of GDP in the
models for solar parks. ADB and the USAID third quarter of the current iscal, from 1.5
signed a memorandum of understanding per cent in the year-ago quarter.
(MoU) on this.
30 March: The World Bank opened its ofice in 23 March: Telangana, French aviation companies
signed a MoU to set up training centre in
Malaysia which will also serve as a global Hyderabad.
knowledge and research hub.
30 March: First direct container MV Harbour-1 Vessel 23 March: Ola, country's leading mobile app for
transportation, has signed a Memorandum of
between India and Bangladesh lagged off Understanding (MoU) with the Government
from Krishnapatnam. of Maharashtra, to develop and create
30 March: Reliance Defence, a part of the Anil quality opportunities for entrepreneurship
Ambani-led group said that it is forming a for youth of the state, including women.
joint venture in India with Rafael of Israel 23 March: Ericsson (ERIC) has signed a Business
for air-to-air missiles, air defence systems Support Systems (BSS) transformation
and large aerostats, with a seed capital of contract with Bhutan Telecom, Bhutan`s
over Rs.1,300 crore. largest telecom service provider. Under
30 March: Finance Minister the terms of the agreement, Bhutan
Shri Arun Jaitley Telecom`s complete billing systems will be
inaugurated Sydney transformed into a convergent environment.
Branch of Union 22 March: Prime Minister Shri Narendra Modi
Bank of India. inaugurated ‘Krishi Unnati Mela’- the
29 March: India had the slowest average connection National Level Agriculture Fair-cum-
speed in the Asia region in the last quarter Exhibition in New Delhi. He also conferred
of 2015, at 2.8 megabits per second. The Krishi Karman Awards.
www.mahendraguru.com
[2]
