Daily News

Image

MOU signed b/w Government e Marketplace and Competition Commission

GeM and CCI entered into a MOU with an aim to enable a fair and competitive environment in the e-Marketplace appreciating the importance of advanced analytical tools and processes for identification of malpractices like cartelization

Did you Know

CCI is responsible for enforcing the Competition Act, 2002

Image

Ministry of Textiles to organise Mega Silk Event in New Delhi

Textiles Ministry to organizing an event, Surging Silk - Accomplishment and way forward, in New Delhi with Sushma Swaraj as the chief guest. The focus would be on distribution of Buniyaad Tasar Silk Reeling Machines to women reelers from tribal areas

Did you Know

Union Minister of Textiles: Smriti Irani

Image

RBI mandates banks to treat ₹2 crore and more as bulk deposits

RBI doubled the limit for banks to consider ₹2 crore and more as bulk deposits from the earlier ₹1 crore with an aim to enhance operational freedom of banks. Banks generally offer different rates of interest only on bulk deposits of ₹1 crore and more

Did you Know

1st RBI Governor: Osborne Smith (1934-1937)

Image

RBI slapped fine of Rs 1 crore on State Bank of India

Reserve Bank of India levied a penalty of Rs 1 crore on the State bank of India for not monitoring the end use of funds in respect of one of its borrowers, exercising of powers conferred under Section 47 A of the Banking Regulation Act, 1949

Did you Know

SBI was ranked 216th in the Fortune 500 list of 2017

Image

₹69000 crore in dividend expected by Govt from RBI in FY20

Finance Minister recently in Parliament gave estimation of Reserve Bank of India paying a dividend of ₹69,000 crore and total of ₹82,911 crore through dividend from banks, financial institutions in the next fiscal of 2019-2020

Did you Know

Piyush Goyal was awarded 4th Carnot Prize for environment

Image

Ricky Ponting appointed Australia's assistant coach

Ricky Ponting as their assistant coach and join Justin Langer, the coach of Australian cricketing side for the ICC World Cup 2019 in England. Ponting has previously served as an assistant coach with Australia's T20 side in 2018 and 2017

Did you Know

Australia won consecutive world cups in 1999, 2003 & 2007

Image

ADB raised $100 mn via offshore peso-linked bonds

The Asian Development Bank (ADB) recently has raised $100 million (5.22 billion pesos) from issue of Philippine peso-linked bonds in the international market for the very first time with a fixed interest rate of 5.25% and to be settled in U.S. dollar

Did you Know

ADB Headquarters: Mandaluyong, Philippines

Image

Ladakh region granted Divisional Status by J&K

The State Government of Jammu and Kashmir exercising powers conferred in Section 5 of Land Revenue Act, issued a notification for creation of Ladakh as 3rd Division in the state with an aim to facilitate the region in a great way for it to progress

Did you Know

J&K Governor: Satya Pal Malik

Image

ECI launched VVIP programme for voters

Election Commission launched a Voter Verification and Information Programme (VVIP) for verifications of voters' names, new registrations, changes or corrections in the Voter Id Cards & also set up a voter Helpline number- 1950.

Did you Know

Election Commission formed: 25 January 1950.

Image

EGAT cup 2019:Jeremy Lalrinnunga clinched silver in 67 kg category

16 years old Jeremy Lalrinnunga (from Mizoram) clinched silver in men's 67-kilogram category, India's second medal in the EGAT's Cup International Weightlifting Championships 2019 in Chiang Mai, Thailand.

Did you Know

Mirabai Chanu won gold in 48kg category in EGAT cup 2019.