Tag: Current Affairs of 13 October 2017

Gujarat apparel policy focusses on job creation

  Gujarat Chief Minister Vijay Rupani announced setting up of 16 new GIDC estates (industrial estates) across the State with the potential to generate one lakh new jobs. These GIDCs will unlock the growth in remote areas and SMEs. Spread across 2,400 hectares in 16 villages, the GIDCs will have the potential to accommodate about

Indian Naval Ships Satpura and Kadmatt visit Sasebo, Japan

  In pursuance of India’s Act East Policy and demonstration of India’s commitment to peace and stability in the Indo-Pacific Region, Indian Naval Ships Satpura and Kadmatt are visiting Sasebo, Japan from 12th to 15th October 2017. The visit of these ships is part the Indian Government’s initiatives to strengthen the long standing, mutually supportive

NBFC bad loans rise to 5% in 5 years: RBI

  The Reserve Bank of India (RBI) has said that the Non-banking financial companies (NBFCs), key players in the financial spectrum, have witnessed a steady deterioration in asset quality in the past five years. Gross non-performing assets (GNPA) ratio for NBFCs increased to five per cent at end-March 2017 from 2.9 per cent at end-March