The government approved a Rs.14,000 crore special economic zone (SEZ) project of Adani Power in Jharkhand, which will export entire power generated to Bangladesh. It will be ready by the end of 2022.
Exports from SEZs grew by about 15% to ₹5.52 trillion in 2017-18
Prime Minister Narendra Modi chaired a meeting of the National Security Council following heightened tensions with Pakistan. NSA Ajit Doval and Foreign Secretary Vijay Gokhle also attended meeting along with union ministers.
NSC meet- set up by Atal Bihari Vajpayee government in 1998.
Kuwait's Sheikh Ahmad Al-Fahad Al-Sabah re-elected president of the powerful Olympic Council of Asia despite forgery charges that forced him to step aside from the International Olympic Committee and other duties.
Olympic Council of Asia, Headquarters- Kuwait City, Kuwait.
The American Institute of Aeronautics and Astronautics (AIAA) selected G. Satheesh Reddy, the Secretary of India’s Department of Defence R&D and Chairman of the DRDO as the co-winner of the 2019 Missile Systems Award.
He will share the prize with Rondell J. Wilson.
RBI has imposed a monetary penalty of Rs 2 crore on Dena Bank. Rs 1 crore penalty was imposed on IDBI Bank for non-compliance of its regulatory directions on time-bound implementation and strengthening of SWIFT related operational controls.
SWIFT code consists of 8 or 11 characters.
Centre and Asian Development Bank (ADB) signed a 926-million-dollar loan agreement to operationalize two lines of the Mumbai Metro Rail System. It is the single largest infrastructure project loan in ADB history.
Takehiko Nakao is the President of the Asian Development Bank
India's Manufacturing PMI rose to a 14-month high of 54.3 in February, from 53.9 a month ago. Nikkei’s latest India Manufacturing Purchasing Managers’ Index (PMI) points to a fair bit of buoyancy in the Indian economy.
CSO has revised its FY19 GDP growth forecast from 7.2% to 7%.
President Ram Nath Kovind gave his assent to an ordinance that allows voluntary use of Aadhaar as ID proof for obtaining mobile SIM cards and opening bank accounts. The ordinance will omit the Section 57 of the Aadhaar Act.
Unique Identification Authority of India, founded- 28 Jan 2009.
Seeking to make it more cost-effective to trade in Indian stock markets, regulator SEBI's board approved lowering of fees charged from brokers, stock exchanges and the companies seeking to get listed.
SEBI Chairman- Ajay Tyagi
Private insurer Bharti AXA General Insurance introduced a technology-led service that allows customers and partner garages to raise instant vehicle claims and get quicker claim settlement.
Bharti AXA General Insurance, CEO-Sanjeev Srinivasan.