Daily News

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Urjit Patel resigns as RBI Governor

Citing personal reasons, Urjit Patel has resigned as Governor of RBI. Deputy Governor NS Vishwanathan gets an interim charge. Urjit Patel who took over as the 24th Governor of RBI on September 2016 had the shortest tenure since 1992.

Did you Know

RBI established on 1st April 1935.

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Eminent economist Surjit Bhalla resigns from EAC-PM

Eminent economist and columnist Surjit Bhalla had resigned as a part-time member of Economic Advisory Council to the Prime Minister (EAC-PM). The EAC- PM is headed by Niti Aayog member Bibek Debroy.

Did you Know

“Imagine There’s no Country” is Surjit Bhalla’s famous book.

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Israel becomes a member of the Financial Action Task Force (FATF).

Israel becomes a member of global watchdog on money laundering and terror financing. It became a member of the Paris-based Financial Action Task Force (FATF). FATF is an inter-governmental body established in 1989. It is a policy-making body.

Did you Know

India is a member of Financial Action Task Force(FATF).

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1st International Conference on Sustainable Water Management

The Governor of Himachal Pradesh, Acharya Devvrat inaugurated First International Conference on Sustainable Water Management at Mohali. Conference being organized by Union Ministry of Water Resources, River Development and Ganga Rejuvenation.

Did you Know

Shimla is the capital city of Himachal Pradesh.

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Successful Test Firing of Long-Range Missile Agni V

Agni V, a long-range surface-to-surface Nuclear Capable Ballistic missile, was successfully launched from a canister on a road mobile launcher at the Dr. Abdul Kalam Island off the coast of Odisha. It further strengthens country’s deterrence capability.

Did you Know

“Strength's Origin is in Science” is the motto of DRDO.

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National Pension System (NPS) streamlined

GoI announced 60% of the NPS corpus withdrawal tax-free at the time of withdrawal against 40% now, raised its contribution to 14% from 10% and has given a choice to them to invest up to 50% of the corpus in equities, at par with private NPS subscribers.

Did you Know

It will impact around Rs. 2840 crores in financial year 2019-20.

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Direct Tax Collections for F.Y. 2018-19 Increased

The Provisional Figures of Direct Tax Collections up to November 2018 show that gross collections are at Rs. 6.75 lakh crore which is 15.7% higher than the gross collections for the corresponding period of last year. Growth in Corporate Income Tax is 17.7%

Did you Know

Growth in Personal Income Tax is 18.3%.

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India Day held in run-up to Partners’ Forum 2018

Health Ministry inaugurated India Day, an official side event organised jointly by Union Health Ministry and the Partners' Forum 2018. India Day event is aimed to reflect on the journey of the RMNCH+A(reproductive, maternal, newborn, child and adolesce).

Did you Know

Union Health Secretary is Preeti Sudan.

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Indian Railway employee conferred with prestigious Sahitya Akademi Award

Shyam Sundar Besra, Chief Inspector of Ticket working in Railway has been conferred the coveted Sahitya Akademi Award. He has been awarded for his novel “Marom” in Santhali language which is primarily based upon conditions of Santhal Pargana.

Did you Know

The Sahitya Academy Award is a literary honor in India.

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C. N. Balakrishnan passed away

Former Kerala minister C. N. Balakrishnan passed away. Starting his political career as an activist of the Kerala Students’ Union, he had a long association with Khadi movement. He was State President of Kerala Khadi and Village Industries Federation.

Did you Know

Balakrishnan represented Wadakkanchery Assembly.