General Awareness

BUSINESS AND ECONOMY - December 2018

Dec 2018

Sep 25, 2025

Govt Partners with Zepto to Enhance Employment Opportunities, Youth Employability on NCS Portal

The Government partnered with quick commerce platform Zepto to enhance employment opportunities as well as youth employability on the National Career Service (NCS) Portal. The Ministry of Labour and Employment in September 2025, signed a Memorandum of Understanding (MoU) in the presence of Union Minister Mansukh Mandaviya. Addressing the event, Mandaviya said that the NCS platform emerged as a unique bridge between employers and job-seekers.
Under this collaboration, Zepto will provide 10,000 job postings during the MoU duration, creating a predictable and structured pipeline of urban employment opportunities for youth, women, and first-time job seekers. The partnership also creates a bridge to formalisation and upskilling, linking gig workers with e-Shram registration, social security schemes, and opportunities for future employability and protection.

RBI Cancels NBFC Licence of Datta Finance and Trading

In a major regulatory move, the Reserve Bank of India (RBI) cancelled the Certificate of Registration (CoR) of Datta Finance and Trading Pvt Ltd, a New Delhi-based Non-Banking Financial Company (NBFC), due to violations in its digital lending operations. This action, announced in September 2025, highlights RBI's growing focus on ensuring ethical conduct and regulatory compliance in the fast-growing digital lending ecosystem.

Paytm Shines as Only Indian Name in Morgan Stanley's Global AI Adoption Leaders List

Morgan Stanley released its latest Asia and Emerging Markets AI Adoption Leaders report, naming 20 companies best positioned to monetise artificial intelligence.
The line-up includes global innovators from Japan, Korea, Singapore, Australia, Argentina and South Africa.
Standing tall among them was Paytm, the only Indian company to make the list.
According to the report, Paytm has "embedded AI across every product from onboarding and fraud detection to churn prediction and personalised cross-sell."
The company's machine-first systems, supervised by humans, are accelerating product development, enhancing risk management, and elevating customer experience.
Paytm was categorised as having moderate AI exposure with high pricing power, a combination Morgan Stanley identifies as crucial for long-term monetisation.

MDL Signs MoU with Tamil Nadu to Develop World-Class Shipyard on East Coast

In a major stride towards strengthening India's maritime infrastructure, Mazagon Dock Shipbuilders Limited (MDL), in September 2025, signed a Memorandum of Understanding (MoU) with the Government of Tamil Nadu to explore the development of a world-class greenfield shipyard on the country's eastern coast. This strategic collaboration falls under the ambitious Maritime Amrit Kaal Vision 2047, a long-term blueprint laid out by the Government of India to bolster the nation's maritime capabilities and shipbuilding ecosystem.

Sep 24, 2025

Jio Payments Bank Introduces "Savings Pro" Earn Up to 6.5%

Jio Payments Bank, in September 2025, launched a new facility called Savings Pro, designed to help account holders earn significantly higher returns on funds that would otherwise lie idle.
Rather than keeping surplus funds in a savings account earning minimal interest, Savings Pro allows users to set a threshold (starting from Rs. 5,000) and automatically invests the excess into overnight mutual funds.

Paytm Money Partners with JioBlackRock to Launch India's First Systematic Active Equity Fund

Paytm Money partnered with JioBlackRock launched India's first Systematic Active Equity (SAE) fund for retail investors.
The JioBlackRock Flexi Cap Fund will be available exclusively on the Paytm Money app with a New Fund Offer from September 23 to October 7, 2025.

Sep 23, 2025

Oracle Appoints Insiders Clay Magouyrk, Mike Sicilia as Co-CEOs in Surprise Move

Oracle named insiders Clay Magouyrk and Mike Sicilia as co-CEOs, replacing Safra Catz, who was instrumental in shaping the company's cloud strategy and thrusting it to the forefront of the ongoing AI boom with big contract wins.

Government of India, ADB Signs $125 Million Loan to Boost Urban Livability and Climate Resilience...

The Government of India and the Asian Development Bank (ADB) signed a 125 million dollar loan agreement in September 2025, to enhance urban livability and bolster climate resilience in six district headquarters and Guwahati, in the State of Assam.
The project will benefit 3 Lakh 60 thousand residents of Assam by delivering a continuous metered water supply and upgrading storm water management systems.
It also seeks to strengthen urban governance through institutional reforms and capacity building.
The Finance Ministry said that key infrastructure investments include the construction of six water treatment plants with a combined capacity of 72 million litres per day and 800 kilometres of distribution pipelines in the district headquarters of Barpeta, Bongaigaon, Dhubri, Goalpara, Golaghat, and Nalbari. The project will also deploy a real-time monitoring system, aiming to maintain non-revenue water below 20 per cent.
In Guwahati, the project will enhance stormwater management in the Bahini Basin with flood diversion channels, upgraded drainage systems, and a nature-based retention pond to reduce flood discharge and improve groundwater recharge. The project also includes the establishment of the Assam State Institute for Urban Development in collaboration with the Indian Institute of Technology Guwahati.

Sep 22, 2025

India Ranks 4th in Apac for Real Estate Capital Inflows in H1 2025

India emerged as the fourth-largest global destination for land and development capital in the first half of 2025, underscoring its growing prominence in Asia-Pacific's (Apac) real estate landscape.
According to Colliers' latest "Investment Insights H1 2025" report, released in September 2025.
Global real estate investment stayed strong in the first half of 2025 despite slower economic growth.
Colliers' "Global Capital Flows" report shows the United States remained the top destination for cross-border capital into standing assets, attracting $24.3 billion over 12 months.
The UK followed with $22.1 billion, while Australia ($13.8 billion) and Poland ($10.9 billion) performed strongly, with Poland beating its five-year average.

Sep 21, 2025

Oil India Inks JV Pact with RVUNL to Construct RE Projects

Oil India signed a joint venture (JV) agreement with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) to establish a joint venture company (JVC) for developing renewable energy (RE) projects in Rajasthan.
The JVC will develop 1.2 GW of renewable energy projects, comprising 1,000 MW of solar and 200 MW of wind, within RVUNLs Renewable Energy Park in Rajasthan.
The JVC will harness OILs energy sector expertise and RVUNLs extensive experience in power project development to deliver sustainable energy solutions.
The partnership will focus on solar, wind, green hydrogen, and other renewable energy initiatives, supplying clean power to Distribution Companies (DISCOMs) and commercial customers.

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