by Team Spectrum Books | Sep 29, 2020 | News in Brief
The Department of Industrial Promotion and Internal Trade (DPIIT), in collaboration with the World Bank, has announced the Ease of Doing Business rankings (first released in 2015) in September 2020. The rankings are based on the implementation of the Business Reforms...
by Team Spectrum Books | Sep 29, 2020 | News in Brief
The applications by global as well as domestic mobile manufacturers, like Foxconn, iPhone contract makers, Pegatron and Wistron as well as Samsung, Karbonn, Lava, and Dixon, have been seeking permission to export mobile phones worth around US$ 100 billion from India,...
by Team Spectrum Books | Sep 29, 2020 | News in Brief
WhatsApp, in September 2020, introduced new features and rolled out new updates to its users in order to prevent hackers from accessing user data saved on smartphones. However, a report by WABetaInfo states that hackers are using WhatsApp text bombs, called,...
by Team Spectrum Books | Sep 29, 2020 | News in Brief
The RBI, in September 2020, asked banks to put into operation a revised long format audit report (LFAR) starting FY21, covering credit, market, and operational risks, looking at capital adequacy, going concern assessment and information systems. With this, statutory...
by Team Spectrum Books | Sep 28, 2020 | News in Brief
The RBI had reduced the policy rate by 135 basis points (bps) in 2019 and, continued it with further cuts totalling 115 bps till September 2020 in order to spur economic growth. Despite the measure, the interest expenses of the large companies (Nifty 50 index)...
by Team Spectrum Books | Sep 28, 2020 | News in Brief
A Hypersonic Technology Demonstrator Vehicle (HSTDV) was successfully flight tested by the Defence Research and Development Organisation (DRDO) on September 7, 2020 from Dr A.P.J. Abdul Kalam Launch Complex at Wheeler Island, off the coast of Odisha. Monitored by...