India and the International Monetary Fund (IMF) today has signed a memorandum of understanding (MoU) to establish a regional training and technical assistance centre in the capital keeping in mind of enhancing the capacity development and training officers to deal with macro-economic and financial issues. The MoU was signed between ...
Read More »Lok Sabha Passes Aadhaar Bill
The Lok Sabha today has passed the Aadhar Bill with an aim to actively provide unique identity to residents and a solid ground to the government to create a provision to ensure that all government subsidies and other beneficial services reach directly and entirely to the beneficiaries. The Aadhaar Bill ...
Read More »Govt. Finally Nods to Rs. 1,900 crore Navy deal
The central government today has finally given a nod to the pending Rs. 1,900 crore deal for the Navy to obtain 2 Deep-Submergence Vessels (DSRVs) which are none other than basic submarines that work with or rather ‘mate’ with ‘disabled’ submarines to help sailors those are trapped deep underwater to ...
Read More »India is in talks with Middle-East countries for oil-for-food Scheme
The central government is in the middle of discussion with countries in the Middle East about a scheme under which they can exchange crude oil for food. Oil minister Dharmendra Pradhan today has said that India is in talks with UAE and some countries from Middle East to have a ...
Read More »Govt. Launched Real Estate Bill: Key Features of the Bill
The Rajya Sabha has finally passed the landmark Real Estate Bill yesterday keeping in mind the interests of home buyers and home developers equally to combat corruption and lastly inefficiency. Union Minister of Urban development Venkaiah Naidu calls the bill a milestone which will make consumer the king. Real estate ...
Read More »India tops among emerging Markets but corporate health and Public Banks need to be checked
India has topped among best emerging markets but the country needs to discuss about the increasing stress and vulnerabilities of corporate finances and asset quality difficulties of state-run banks to sustain the recovery process, said the International Monetary Fund (IMF). The corporate finance vulnerabilities only will increase if not being ...
Read More »India-Bangladesh signed Landmark deal worth $2 Billion
India has signed a landmark deal with Bangladesh yesterday of $2 billion in its biggest ever overseas credit line. The deal came after 5 years of signing a credit agreement of $1 billion with Bangladesh. This $2 billion line of credit (LOC) is by far the biggest that India has ...
Read More »Cabinet approves Rs. 8,000 cr Ujwala Yojana to provide LPG connections to Rural India
The Cabinet has finally approved of a Rs. 8,000 crore Pradhan Mantri Ujwala Yojana to provide free of cost cooking gas or LPG connections to women members of economically weaker households. The corpus budget would be utilized for three years with an aim to provide to thoroughly and speedily provide ...
Read More »ISRO gears up to launch sixth Navigation Satellite Today
The Indian Space Research Organization (ISRO) is going to launch India’s sixth navigation satellite named IRNSS-1F today at 4pm on trusted Polar Satellite Launch Vehicle (PSLV) C32 in the orbit at Sriharikota, Andhra Pradesh. The 54-hour countdown for the launch started on Tuesday at the Satish Dhawan Space Centre in ...
Read More »Delhi launches New Incubation Policy to encourage Entrepreneurship
In a bid to promote entrepreneurship among the youth when the whole country is working towards creating a cohesive entrepreneurial ecosystem, Delhi government launched the state’s incubation policy and allocated Rs. 1.5 crore a s seed capital to 6 higher education institutes under the scheme. These selected 6 institutes are ...
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