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Federal Bank has announced a collaboration with NCDEX E-Markets Limited (NeML) to fortify the integration of e-procurement and e-auction systems. This strategic alliance is set to facilitate an advanced e-procurement solution, streamlining the processes for Central and State Government organizations. Under this initiative, farmers can seamlessly list crop details on NeML’s platform, and the government will subsequently purchase them at the approved Minimum Support Price (MSP). The key advantages of this system include nationwide participation, improved price discovery, and safeguarding against possible cartel formations, ensuring a fair chance for participants to enhance their bid value as per market scenarios.
What was the aim of the Regional Search and Rescue exercise conducted by the Indian Coast Guard in Kakinada, Andhra Pradesh?
I. To conduct a real...
The Securities and Exchange Board of India (Sebi) has made it mandatory for all demat account holders to either furnish nomination declarations or opt o...
What was the primary objective of the '2023 Regional Cooperation and Integration Conference' organized by the Asian Development Bank (ADB) in Tbilisi, G...
The procurement of goods and services by central public sector enterprises (CPSEs) through Government e-Marketplace (GeM) grew 74 per cent to _______dur...
What is the initial corpus of the Agri-SURE fund unveiled by NABARD to promote innovation in agriculture and rural development?
According to the recent meeting of Monetary Policy Committee in February 2023, Repo Rate hiked by how much basis points?
’Long Walk to Freedom’ is an Autobiography of:?
Which bank has partnered with HDFC Life to offer life insurance products to its customers & to deliver a host of benefits to customers seeking financial...
____________ became the first Indian to win the prestigious US Junior Squash Open in Philadelphia in the U-15 girl’s category
Star Health Allied Insurance Company (Star Health) and Bajaj Allianz Life Insurance Company have partnered with which small finance bank to enable its c...
