Important Biz and Economy News For UPSC Prelims 2017

In this article, we have shared all important Biz and Economy News between April 2016 to April 2017. The events are compiled from newspapers (The Hindu, TOI, IE & ET), magazines, and various online resources.

The events below are listed in chronological order i.e. starting from Apri 2016 and concluding at April 2017. You may also download the magazine to get full coverage of the events.


April 2016

  1. INDIAN INTELLECTUAL PROPERTY PANORAMA
  2. STARTUP PORTAL AND APP LAUNCHED
  3. FIRST CASH GIVING APP IN INDIA
  4. UNIDO REPORT
  5. STAND UP INDIA SCHEME
  6. RBI’S NEW MISSION
  7. FFC ON FISCAL DEFICIT TARGETS APPROVED
  8. CBT COMMITTEE REPORT
  9. START-UPS COULD BENEFIT FROM MADRID ROUTE
  10. ASIA’S POWERFUL BUSINESSWOMEN 2016
  11. ASIA’S POWERFUL BUSINESSWOMEN 2016
  12. TOP REASON TO ACCESS INTERNET
  13. MARITIME INDIA SUMMIT 2016
  14. REMITTANCE RECIPIENT IN 2015
  15. NAM PORTAL LAUNCHED
  16. MARITIME INDIA SUMMIT 2016 – A ROUND UP
  17. ENAM BECOME A GAME CHANGER
  18. MGNREGA DATA
  19. FIRST MEETING OF ALL INDIA HANDLOOM BOARD HELD
  20. PANEL TO DEAL WITH COMPLAINTS OF ONLINE SHOPPERS

May 2016

  1. Just 1per cent of population pay taxes
  2. Bankruptcy bill passed
  3. Fund for steel firms under NIIF
  4. Indian Ocean Rim nations to boost cooperation on SEZs

June 2016

  1. India among top five innovation destinations
  2. India ranks 2nd on GRD index
  3. RBI announces new scheme for resolution of stressed assets
  4. New civil aviation policy: Rs 2500 for 1-hr flights; 5/20 norm scrapped
  5. SEBI bans 7 entities in tax evasion case
  6. Cabinet clears merger of SBI, associate banks
  7. ‘Buy 1 get 1 free’ deals to come under GST
  8. Startups get much-awaited tax exemptions
  9. 100% FDI in trading of food products
  10. British IT firm merges with Indian company

July 2016

  1. Indian money in Swiss banks dips 33%
  2. India slips to 75th place
  3. Ranking in Corporate transparency survey
  4. Elders prefer e-pharmacies
  5. Need to amend Act to effect FDI in private security
  6. A ‘new financial year’ coming
  7. INNOPROM 2016
  8. Nations attracts anti-dumping duty
  9. Ease of Doing Business initiatives implemented
  10. India move up in real estate transparency ranking
  11. Fifth SIT Report on Black Money
  12. India slips on business optimism index

August 2016

  1. India among regional leaders in SME sector
  2. Line up for Masala Bonds
  3. Govt imposes anti-dumping duty on steel import
  4. TCS ranks among top 100 US brands
  5. FDI in NBFCs approved
  6. Consumer confidence index
  7. Wholesale cash-and-carry segment
  8. SWIFT
  9. New central bank governor
  10. Commodity hedging framework
  11. Unified Payment Interface

September 2016

  1. GST shuts down local IP firms
  2. First Ever IITIS 2016
  3. M&A markets in Asia-Pacific report
  4. India biggest recipient of remittances in 2015
  5. Implementation of GST to attract more FDI
  6. Tariff concessions under APTA
  7. First current account surplus in 9 years
  8. Domestic black money scheme
  9. NMEP to expand mineral reserve portfolio
  10. Govt protect solar industry after WTO setback

October 2016

  1. GST council agrees on five areas
  2. Biggest-ever spectrum auction starts
  3. First monetary policy committee meeting begins
  4. A report on financial literacy
  5. 5 takeaways from the RBI policy
  6. A report on IoT
  7. India to host AMCDRR
  8. Fix retail prices of essential commodities
  9. Cybersecurity guidelines for financial sector
  10. First private player to join PMUY Plus
  11. International Galvanizing Conference
  12. RBI eases norms for foreign investment in startups
  13. 6th gold bond tranche
  14. Sebi relaxes restrictions on 41 entities

November 2016

  1. Ease of doing agri business index
  2. All-India Ease of Doing Business rankings
  3. Centre unveils new arhar type
  4. India tops in consumer confidence index
  5. India ahead in registering domain names
  6. RBI allows banks to issue masala bonds
  7. GST Council finalises peak rate
  8. First S4A debt recast gets nod
  9. Surgical strike on black money
  10. GST portal goes live
  11. Ujjivan gets final RBI nod
  12. Centre-state stalemate over GST jurisdiction
  13. Securities excluded from GST

December 2016

  1. ‘Vittiya Saksharata Abhiyan’ launched
  2. RuPay card usage jumps
  3. Govt to amend RBI Act to annul old notes
  4. India tops Asia in innovation chart
  5. 75 per cent Indian companies not disaster ready
  6. Infosys invests in ideaForge
  7. First time India’s economy surpasses
  8. GST council clears model tax law
  9. National Policy for Advanced Manufacturing
  10. First case under the bankruptcy code
  11. Sale of India’s first pharma firm cleared
  12. New set of disclosure norms for REITs
  13. BHIM launched

January 2017

  1. Credit guarantee for MSME increased
  2. India Inc curtails post-maternity attrition
  3. Forbes’ super achievers list
  4. First auction of wind power projects
  5. Guidance on board evaluation issued
  6. First CSO National Income
  7. Axis Bank retains top slot
  8. Anti-avoidance tax rule to kick in
  9. India will be a victim of its own success
  10. India International exchange starts
  11. ‘SEZ India’ App launched
  12. MSEI introduces trading in SGB
  13. Talent competitiveness 2017

February 2017

  1. India ranks 4th in wind power installation
  2. Masala bonds to get more tax benefits
  3. GAAR, POEM to come into effect
  4. Niti Aayog panel recommendation on sick CPSEs
  5. Brand Finance Global report 2017
  6. Bangladesh replaces US on tourist inflow
  7. Govt takes more action against shell companies
  8. Indradhanush 2.0
  9. TReDS can boost MSMEs’ liquidity
  10. First major banking consolidation
  11. India emerges 12th largest holder of US govt securities

March 2017

  1. States agree to roll out GST
  2. CGST and IGST laws cleared
  3. Sebi’s regulatory framework to assesss by WB, IMF
  4. India becomes third largest aviation market
  5. First Time India becomes Net Exporter of Electricity
  6. 128 regional air routes under UDAN

April 2017

  1. IBBI notifies IU Regulations
  2. Finance Bill takes effect
  3. SBI in global top 50 post merger
  4. Asia Pacific Business Complexities Survey 2017
  5. Revised plan for Farzad gas field
  6. First ever foreign buyer bids for SME IPO
  7. First monetary policy review in 2017-18
  8. India second-most preferred Asian market
  9. India’s Internet economy to double
  10. Cabinet clears listing of 11 PSUs
  11. India’s first pharma firm makes profit
  12. Prompt Corrective Action framework
  13. Business Reform Action Plan 2017
  14. India’s most valuable company
  15. Govt eases norms for states to fund infrastructure projects

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