General Awareness

BUSINESS AND ECONOMY - February 2021

Feb 2021

Aug 21, 2026

Chhattisgarh becomes India’s first inland state to export value-added tilapia products

Chhattisgarh has become the first inland Indian state to start exporting value-added tilapia products, marking a milestone for the sector. The August 2026 development saw the state ship 382 tonnes of tilapia products to the United States, underscoring growing capacity in inland fisheries. The move aims to promote aquaculture, raise farmers’ incomes, and create new export opportunities for smallholders. Officials say the program will integrate processing, value addition, and quality controls to meet international standards, boosting market access for farm families. Analysts view the export push as part of broader policy efforts to expand seafood production and diversify rural livelihoods in central India.

Chhattisgarh exports 382 tonnes of tilapia products to the United States in August 2026.
First inland state in India to begin value-added tilapia exports.
Aims to promote aquaculture and increase farmers’ incomes.
Processing, value addition, and quality controls are emphasized.
Part of broader efforts to expand inland fisheries and rural livelihoods in central India.

Aug 19, 2026

POWERGRID Receives PMIS Recognition Award

Power Grid Corporation of India Limited (POWERGRID) received the PMIS Recognition of Partner Company Award under the category 'Innovation in Exit Pathways.' The award recognised POWERGRID’s contribution to creating employment opportunities and career pathways for interns under the Prime Minister Internship Scheme. POWERGRID is a Maharatna PSU under the Ministry of Power. The recognition highlights the company’s commitment to nurturing talent and building a skilled workforce for the electricity transmission sector, aligning with national priorities for workforce development and inclusive growth.

POWERGRID received PMIS Recognition Award
Category: Innovation in Exit Pathways
Award honours internship program contributions
POWERGRID is a Maharatna PSU under Power Ministry
Supports national goals for skilled workforce development

Aug 18, 2026

BSE signs MoU with PHDCCI for MSME growth

BSE Ltd signed a Memorandum of Understanding with the PHD Chamber of Commerce and Industry to promote equity financing and improve capital-market access for micro, small and medium enterprises. The collaboration aims to expand listing opportunities, enhance investor awareness, and streamline placement of MSME securities on domestic markets. Executives said the MoU would help small businesses raise funds for growth, technology adoption, and job creation, while enabling better price discovery and governance practices. The partnership aligns with government efforts to bolster entrepreneurship and ease of doing business. It also anticipates stronger participation from MSMEs in capital markets and greater financial inclusion.

MoU with PHDCCI aims to boost MSME access to equity financing.
Targets expanded listing opportunities and investor awareness.
Supports growth, technology adoption, and jobs for MSMEs.
Aims for better price discovery and governance in MSME markets.

Aug 17, 2026

ONGC Videsh Receives US Clearance for Venezuela Operations

India’s state-owned ONGC, through its overseas arm ONGC Videsh, received United States sanctions clearance enabling broader operations of its Venezuelan oil and gas assets. The approval reduces restrictions tied to sanctions-related risks, allowing more flexible management of projects. ONGC Videsh holds a 40 percent stake in the San Cristobal field and interests in the Carabobo-1 project in Venezuela. The company seeks a larger operational role under Venezuela’s revised petroleum framework. The clearance supports India’s energy diversification strategy and OGV’s aim to secure stable energy resources through international partnerships.

Agency: ONGC Videsh; parent: ONGC (India)
Sanctions clearance: US granted broader operational latitude
Assets: San Cristobal (40% stake), Carabobo-1
Strategic aim: larger role in Venezuela’s petroleum sector
Context: energy diversification and international partnerships

8th Tranche of Critical Mineral Auctions Roadshow in Patna

The Mines Ministry organized a roadshow in Patna, Bihar, on 17 August 2026 for the eighth tranche of critical and strategic mineral block auctions. The event included a workshop on the National Mineral Exploration and Development Trust (NMEDT). The eighth tranche covers 20 blocks across nine states, aiming to attract investment, increase exploration and raise domestic availability of strategically important minerals. The initiative supports industrial growth, energy transition, and supply chain resilience by expanding access to minerals necessary for modern technologies and manufacturing.

Roadshow date: 17 August 2026, Patna
Purpose: eighth tranche of critical mineral auctions
Blocks: 20 across nine states
Auxiliary activity: workshop on NMEDT
Outcomes: boost investment, exploration, domestic mineral supply

Aug 14, 2026

JSW Group Tops Hurun India 2026 Most Valuable Family Businesses List

The Hurun India Most Valuable Family Businesses List 2026 places the Jindal family group JSW Group at the top. The business empire reached an estimated valuation of around ₹8 lakh crore in FY2026. The list highlights the growing influence of Indian family-owned enterprises in the economy, with heavy industries, engineering, and manufacturing cited as key wealth creators. The ranking underscores how Indian conglomerates are expanding their footprint domestically and internationally, reflecting the resilience and scale of family-controlled groups in the current market environment. Analysts expect continued growth driven by infrastructure, energy, and industrial sectors.

Top ranking: Jindal family for JSW Group on Hurun 2026 list.
Valuation: approximately ₹8 lakh crore in FY2026.
Sectors driving wealth: heavy industry, engineering, manufacturing.
Significance: reflects growing influence of Indian family-owned firms.
Implication: continued expansion in infrastructure and energy sectors.

Share on

TCY Analytics (View Subscription Plans)

Subscribe to GK Updates

I want to receive

GK Tags

August GK, July GK, June GK, INTERNATIONAL AFFAIRS, ENVIRONMENT, BUSINESS AND ECONOMY, SCIENCE & TECHNOLOGY, SPORTS, NATIONAL AFFAIRS, DEFENCE, PERSONS IN NEWS, DAYS AND EVENTS, AWARDS AND HONOURS, GOVERNMENT POLICIES AND SCHEMES, GENDER/ HEALTH/ EDUCATION, ART AND CULTURE, BOOKS AND AUTHORS, TOURISM AND HOTEL INDUSTRY AWARENESS, ART AND CULTURE, LAW AND CONSTITUTIONAL AFFAIRS

Start Discussion

On any topic

Take Tests

Compiled from GK updates

Login

Sign Up

Forgot Password

Download TCY App

Unlock All Services And Enjoy The Premium Benefits

US$ 10

US$ 13

US$ 15

US$ 17

US$ 19

US$ 20

US$ 21

US$ 22

US$ 23

US$ 24

US$ 25

US$ 26