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Economy and Finance Current Affairs

  • 17-Oct-2016
  • Market capitalization : Infosys loses fifth spot to ONGC
    i. TCS is India’s most valuable company with a market capitalization of Rs.4.66 trillion, followed by Reliance Industries Ltd, HDFC Bank Ltd and ITC Ltd at Rs.3.49 trillion, Rs.3.21 trillion and Rs.2.90 trillion.
    ii. Oil and Natural Gas Corp. Ltd (ONGC) beat India’s second largest software exporter, Infosys Ltd to become the fifth most valuable company in India by market capitalization.
    iii. ONGC had a market capitalization of Rs2.37 trillion.

  • i. Roopa Ganguly and Ganeshan two newly elected and nominated Members of Rajya Sabha have taken oath in the presence of Rajya Sabha Chairman Md. Hamid Ansari in the Parliament House.
    ii. Senior BJP leader from Tamil Nadu, L. Ganesan, who will now represent the state of Madhya Pradesh and nominated member Roopa Ganguly of West Bengal, took oath and affirmation.
    iii. The oath ceremony was attended by Deputy Chairman of the Rajya Sabha, P J Kurien, and Parliamentary Affairs Minister Venkaiah Naidu along with other leaders.

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