News: Several reforms will be introduced in Rajasthan Public Service Commission (RPSC) to improve its system quality in years to come. Effective steps will be taken to prevent use of unfair means during exams and clear pendency of legal cases. RPSC’s image suffered a setback in recent years after cases ...
Read More »Indian business sentiment suffers setback in August
News: Indian business sentiment fell close to the lows of 2014 in August, a Deutsche Boerse survey said adding there is “strong possibility” that the RBI will go for a rate cut before the September 29 policy meet. As per the report, Indian businesses were less confident about the business environment in ...
Read More »Govt fixes Rs. 1.22 lakh crore loan disbursement under Pradhan Mantri Mudra Yojana
News: Banks will disburse about Rs 1.22 lakh crore loan to small business units under Pradhan Mantri Mudra Yojna (PMMY) during the current fiscal. The banking sector has been allocated an overall disbursement target of Rs 1,22,188 crore during 2015-16 for MUDRA loans and the banks have already disbursed Rs 15,566 crore ...
Read More »Projects worth Rs 400 crore to boost waterways; 7 major ports to be set up
News: To boost waterways, the government has prepared a Rs 400 crore project under which the centre will provide subsidy of 50 per cent to states to build floating jetties. Also, the government has decided to open up seven new major ports in the country, Gadkari said after chairing the ...
Read More »Government to infuse Rs 1,140 crore capital into Corporation and Allahabad Bank
News: Corporation Bank, board has approved capital infusion of Rs 857 crore by the government. Allahbad Bank has also announced that its board will meet on August 28 to consider raising of equity capital of the bank through issue of equity shares on preferential basis to the government. As per the ...
Read More »No immediate advantage to exporters from rupee fall
News: In line with crash in equities the rupee tumbled sharply by 82 paise — its biggest single day fall this year — to settle at 66.65 against the US dollar as global meltdown fears remained unabated. Federation of Indian Export Organisation (FIEO) President S C Ralhan said that such high ...
Read More »West Bengal State Electricity Board launches payment app
News: The West Bengal State Electricity Board has announced a new mobile app for payment of bills. Christened mywbsedl, the app would be free of cost for users and available on android and windows app store. Consumers would have an option of paying their bills directly through the mywbsedl app. The ...
Read More »Fuel prices may fall as oil hits $40
News: International Crude Oil prices slid towards the $40 barrel mark, amid growing worries about the health of the Chinese economy, and raised the prospects of a fresh round of cuts in kitchen and auto fuel prices in India in the coming weeks. Although US oil prices headed towards the eighth ...
Read More »Google to promote digital literacy in Haryana
News: Google has entered into a memorandum of understanding with the government of Haryana to promote digital literacy in the state. Google will undertake a digital literacy drive covering internet safety in government schools, and also conduct a similar exercise for government officials. “The MoU takes us closer to realising our ...
Read More »US develops three-pronged approach for maritime cooperation with India
News: With strategic convergence of India’s Act East policy and America’s re-balance to the Asia Pacific region, the US has developed a three-pronged approach for maritime cooperation with the country that includes upgrading the bilateral partnership in this sphere. This approach includes maintaining a shared vision on maritime security issues, upgrading bilateral ...
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