Daily News

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Govt hikes GPF interest rate to 8% for Oct-Dec quarter

The government has increased the rate of interest for the General Provident Fund and other related schemes to 8% from 7.6% for the Oct-Dec quarter. The interest rate would apply on Provident Funds of central government employees, railways & defence forces.

Did you Know

The interest rate is in line with that for Public Provident Fund

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Anna Burns wins Man Booker prize for ‘incredibly original’ Milkman

Anna Burns has become the 1st Northern Irish author to win the Man Booker prize, for Milkman which is about an 18-year-old woman known as middle sister, being sexually harassed by a powerful man. According to the chair of judges, it is incredibly original.

Did you Know

The Man Booker prize was established in 1969.

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UP cabinet decides to rename Allahabad as Prayagraj

The Uttar Pradesh Cabinet adopted a proposal to rename the historic city of Allahabad as Prayagraj with an immediate effect. The name of the city was Prayagraj 500 years ago, as it is at the `Triveni Sangam' (a confluence of three rivers).

Did you Know

Ram Naik is the governor of Uttar Pradesh.

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India, Tanzania sign two MoUs

India and Tanzania signed two Memorandum of Understandings between the Foreign Service Institute of India and Centre for Foreign Relation, Tanzania and National Research Development Corporation and Tanzania Industrial Research and Development Corporation.

Did you Know

Capital of Tanzania – Dodoma, Currency - Tanzanian shilling

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Government committed to achieving goal of zero hunger by 2030: Agriculture Minister

Radha Mohan Singh stated that the govt is working on achieving the goal of zero hunger by 2030 in a systematic manner on the occasion of World Food Day. This year’s world food day aims at showcasing centre’s global commitment towards zero hunger.

Did you Know

World Food Day is observed on 16th October.

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RBI issues guidelines to allow payments among mobile wallets

According to the RBI guidelines, interoperability of all KYC compliant PPI was enabled in 3 phases – issuance of PPIs in the form of wallets via UPI and in the form of cards via card networks and interoperability between wallets & bank accounts via UPI.

Did you Know

UPI is an instant real-time payment system developed by NPCI.

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India ranked 58th most competitive economy in World Economic Forum's index

India has been ranked as the 58th most competitive economy with a score of 62.0 on the World Economic Forum's global competitiveness index for 2018, which was topped by the US. It is a composite indicator that determines an economy's level of productivity.

Did you Know

India's rank rose by 5 places from 2017.

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Maharashtra launches solar pump programme

Maharashtra govt has launched the Solar Pump Programme to provide power to the farmers during daylight hours & enhance the irrigation coverage of farmland. 1 L pump will be installed at an investment of about ₹ 3435 Cr within the next 3 years.

Did you Know

Reserved category farmers would pay only 5% of the total costs.

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Youth Olympics: Suraj Panwar wins silver medal in 5,000m race walk

Suraj Panwar won India’s first athletics medal at the 3rd Youth Olympic Games in Buenos Aires which increased the medal count to 11. Also, Praveen Chitravel won the bronze medal in triple jump at the Youth Olympics 2018.

Did you Know

India is at 12th in the rankings table.

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Microsoft co-founder Paul Allen dead at 65

Paul Allen, who founded Microsoft with Bill Gates died due to cancer. He was 65. He also founded Stratolaunch Systems, which built the world’s largest plane designed as a colossal rocket-launching aircraft touted as the future of space travel.

Did you Know

He was also known as the owner of the NFL’s Seattle Seahawks.