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Current Affairs - BUSINESS

  • India has imposed an anti-dumping duty on 47 steel products for 5 years.
  • New-look Index of Industrial Production (IIP) and the Wholesale Price Index (WPI) were unveiled on May 12, 2017. The base year for the Indexes in the new series is 2011-12. In the previous series, the base year was 2004-05. The revision of the base year has been done after a period of 8 years.
  • Andhra Pradesh inks deal with HCL Tech to set up Rs 500 crore research facilities in Vijayawada.
  • Bharti Airtel has announced a strategic partnership with taxi aggregator Ola.It aims to offer a range of exciting digital services to customers.
  • 11 Person of Indian Origin (PIOs) have featured in Forbes Magazine’s 'Midas 2017' which ranks world’s 100 best venture capitalists in the technology space. ‘Midas 2017’ has been compiled by evaluating venture capitalists’ portfolio during past five years.
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