News: The finance ministry on Thursday said that it has launched a portal – Vidya Lakshmi – to provide single window access for students to apply for education loans and government scholarships. The ministry noted that that 13 Banks have registered 22 educational loan schemes on the portal and five ...

News: The 24 countries participating in the summit, which is being held in the lead up to the United Nations Summit for the adoption of the post-2015 development agenda, together account for two-thirds of the global child-mother mortality rate. The ‘Call to Action 2015’ summit will discuss all the areas ...

News: Ashwani Lohani, a Railway Service officer who is now the chief of Madhya Pradesh Tourism Development Corporation (MPTDC), was appointed as CMD of Air India, the state-run carrier whose combined losses currently stood at Rs 30,000 crore. A qualified mechanical engineer, Lohani is a fellow of the Chartered Institute ...

News: Finance Minister Arun Jaitley launched the India Aspiration Fund (IAF) to be set up as a fund of funds under the Small Industries Development Bank of India (SIDBI) in order to boost the startup ecosystem in the country. “India is witnessing a startup revolution and to harness the potential ...

News: Creating a plethora of opportunities for the citizens and generating employment, nearly 41,000 jobs have been created under the Prime Minister’s Employment Generation Programme in the current fiscal till July 16. The General Category beneficiaries, under the scheme, can avail of margin money subsidy of 25 per cent of ...

News: Passengers entering India will now have to declare Indian currency exceeding Rs 25,000 and LCD, LED or Plasma televisions being brought by them in the new customs declaration forms said the Customs Baggage Declaration (Amendment) Regulations, 2015, notified by the Finance Ministry. The new rules have also reduced by 50 per ...

News: The Centre is proposing to create two National Investment & Manufacturing Zones (NIMZ) in Andhra Pradesh to give a fillip to the manufacturing sector in the State. APIIC has announced that the land for the Rs. 10,899 crore National Investment and Manufacturing Zone had been identified in Pamarru and ...

News: The Maharashtra FDA had in May filed cases against online retailers like Snapdeal for selling prescription drugs without valid prescriptions or licences. The government may consider changes to the Drugs and Cosmetics Act to permit online sale of medicines following representations made by organised retail chains. The issue is ...

News: The interiors of the coach, with better security and comfort features, have been designed aesthetically, said Railway Board Member (Mechanic) Hemant Kumar. CCTV cameras have been installed at the entrance of the coach on both the sides to strengthen the security system, fire-retardant materials have been used to prevent ...

News: India has so far signed 83 Bilateral Trade and Promotion Agreements (BIPA), of which 72 are in force. Government had decided to come out with a new framework after several multinational firms invoked bilateral investment protection agreements. The model text would be used for renegotiating the BITs and would ...