Economy News

PROMPT CORRECTIVE ACTION FRAMEWORK (PCAF)

After the lender demonstrated improvement in a number of financial ratios, including minimum regulatory capital and net non-performing assets, the Reserve Bank of India removed the Central Bank of India from its Prompt Corrective Action Framework (PCAF) (NNPAs).

posted by V.P.Nimbalkar 21st Sep 2022

PM PRANAM

PM PRANAM is a programme that the Union Ministry of Chemicals and Fertilizers plans to introduce. PM PRANAM, short for PM Promotion of Alternate Nutrients for Agriculture Management Yojana, is a government initiative.

posted by V.P.Nimbalkar 19th Sep 2022

Rice Export Curb

A sudden crop failure that led to poor procurement and the depletion of public inventories prompted the government to impose a four-month-old export restriction on wheat. As a result of worries that a situation akin to this would occur, it has now also placed restrictions, though not a complete ban, on rice supplies.

posted by V.P.Nimbalkar 12th Sep 2022

Nano urea

Despite being expedited for commercial use, nano-urea has not yet been thoroughly evaluated. The approval of nano-urea was gained in February 2021. The Indian Farmers and Fertiliser Cooperative (IFFCO) has created nano-urea as a cure to lessen farmers' reliance on packaged urea, and the government is promoting it as such.

posted by V.P.Nimbalkar 5th Sep 2022

FPI ADVISORY COMMITTEE (FAC)

The Securities and Exchange Board of India (SEBI) has formed a group of Foreign Portfolio Investors (FPI) experts in an effort to increase foreign capital flows into the nation.

posted by V.P.Nimbalkar 8th Aug 2022