Daily News

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NSE launches app, web platform for retail investors to buy G-secs

The National Stock Exchange of India (NSE) announced the launch of its new mobile app and web platform ‘NSE goBID’ for retail investors to buy government securities. Through this app, retail investors can invest in treasury bills and various govt bond.

Did you Know

Ashok Chawla is chairman of NSE.

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RBI to set up an expert panel to look into issues on capital surplus

The RBI board decided to set up a high-powered committee to examine issues related to the surplus capital of Rs 9.69 lakh crore with the central bank (economic capital framework issue). The Reserve Bank and the Finance Ministry will decide the composition.

Did you Know

Urjit Patel is governor of RBI.

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49th International Film Festival of India begins in Goa

The 49th International Film Festival of India (IFFI) organized in Goa. Shaji Karun directed Malayalam movie Olu will be the opening movie of the feature film section of Indian panorama. While Israel is the focus country, Jharkhand is the focus state.

Did you Know

Dan Wolman awarded Lifetime Achievement Award.

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Maldives cabinet approves to rejoin Commonwealth

The Maldives cabinet has approved to rejoin the Commonwealth, 2 years after withdrawing from the 53-nation grouping. The country left the Commonwealth during former President Abdulla Yameen's administration in October 2016 over corruption issue.

Did you Know

Ibrahim Mohamed Solih sworn in as new Maldives president.

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RBI decided to retain the Capital Adequacy Ratio

RBI has mandated that banks maintain CRAR of 9% · 1 percentage point higher than Basel norms. RBI also agreed to extend the transition period for implementing the last tranche the Capital Conservation Buffer(0.625%) up to March 31, 2020.

Did you Know

BASEL3 mandates 8% Capital Adequacy Ratio.

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India's First Elephant Hospital Opens in Mathura

India's first specialized hospital for elephants opened by Agra Divisional Commissioner Anil Kumar at Farah block's in Mathura, UP. The unique medical center offers wireless digital X-ray, laser treatment, dental X-ray, thermal imaging facility.

Did you Know

The elephant is state animal of Jharkhand.

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WHO World Malaria Report 2018

India has turned out as the only country among the 11 highest-burden countries to mark progress in reducing its disease burden, registering a 24 percent decrease in 2017 than 2016, according to WHO World Malaria Report 2018. Malaria is caused by parasites.

Did you Know

India has set a target of being malaria-free by 2027.

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Government announces 1000 crore rupees relief package for cyclone victim

Tamil Nadu Chief Minister EK Palaniswamy has announced a 1000 crore relief package for people affected by Cyclone Gaja that devastated eleven coastal and interior districts of the state. Cyclone Gaja recently caused damage on Tamil Nadu coasts.

Did you Know

Banwarilal Purohit is the governor of Tamil Nadu.

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DIPAM data shows the highest disinvestments in the last 4 years

The data released by the Department of Investment and Public Asset Management (DIPAM) showed- disinvestments worth about ₹3.63 lakh crore have taken place since 1991, out of which about ₹2.1 lakh crore(58% of total) came in the last four years only.

Did you Know

DIPAM works under Finance Ministry.

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Hong Kong Open men’s 2018 doubles title won by Marcus and Kevin

Indonesia’s Marcus Fernaldi Gideon and Kevin Sanjaya Sukamuljo defeated Japan’s Takeshi Kamura and Keigo Sonoda to defend their Hong Kong Open men’s doubles title 2018. It is the second consecutive Hong Kong Open title for the Indonesians.

Did you Know

Hong Kong Open held since 1982.