Daily News

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Agri-Business Incubation Centre started in Chhattisgarh

An Agri-Business Incubation Centre has started in Chhattisgarh. It is set up under National Agriculture Development Scheme- RAFTAAR which aims to make farming a remunerative economic activity by strengthening farmer’s effort & promoting agribusiness.

Did you Know

Centre has been set up by the Union Agriculture Ministry.

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Meghalaya becomes 1st state to ensure water conservation

Meghalaya became the 1st state to ensure conservation of water & have water policy. The aim of policy is to spot water resources as common pool resource, to provide safe & hygienic water for drinking, sanitation & livelihood development to all residents.

Did you Know

Meghalaya Governor - Tathagata Roy.

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AIIB to provide $100 million to L&T Infra for clean energy play

Asian Infrastructure Investment Bank will give a $100-million loan to L&T Infrastructure Finance Company for wind and solar infrastructure projects in India. This is the first time AIIB is extending a loan to a non-banking finance company.

Did you Know

India targets to install 175GW of renewable energy Cap. by 2022.

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Nabard to raise Rs 55,000 crore from market in FY20

Nabard has planned to raise about ₹ 55000 Cr from the market in the current fiscal to fund its business growth & support various agricultural & rural development schemes of the govt. Nabard has raised ₹ 12000 Cr in the 1st quarter of the current FY.

Did you Know

Nabard chairman - Harsh Kumar Bhanwala.

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Bhubaneswar most affordable city for homebuyers: RBI survey

According to a report by the Reserve Bank India, Bhubaneswar remains the most affordable city for homebuyers, while Mumbai remains the least affordable one in India. RBI has been conducting a quarterly residential asset price monitoring survey (RAPMS).

Did you Know

RBI has been conducting RAPMS survey since July 2010.

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Inflation rises marginally to 3.18% in June

According to the data released by the Central Statistics Office, Retail inflation increased marginally to 3.18% in June due to the rise in food prices. The retail inflation based on the Consumer Price Index stood at 3.05% in May & 4.92% in June last year.

Did you Know

Rao Inderjit Singh - Minister of State for MOSPI.

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India, US agree to address mutual trade concerns

India & US have agreed to grow their economic relationship & address mutual trade concerns. The two sides discussed the broad contours of bilateral trade & commercial ties & agreed to continue discussions for achieving mutually beneficial outcomes.

Did you Know

Harsh Vardhan Shringla is Indian ambassador to US.

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Lifter Ajay Singh wins gold at Commonwealth Championships

Ajay Singh has won Gold in 81 kg category at Commonwealth Championships in Apia, city of Samoa. Papul Changmai clinched the silver medal by lifting a total of 313kgs in the same event. P Anuradha lifted 221kg to grab the 1st place in men's 87kg category.

Did you Know

RV Rahul settled for the 2nd spot in the 89kg event.

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IBM completes $34 billion acquisition of Red Hat

International Business Machines Corp closed its $34 billion acquisition of software company Red Hat Inc to ramp up its cloud computing business. The company won approval for the purchase from U.S. regulators &European Union regulators.

Did you Know

Red Hat specializes in Linux operating systems & founded in 1993

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Farooq Ahmad Khan appointed advisor to Jammu and Kashmir Governor

Farooq Ahmad Khan was appointed as advisor to Jammu and Kashmir Governor Satya Pal Malik. He is the fifth advisor to the Governor. He served as the Administrator of Lakshadweep. He had recently resigned from the post.

Did you Know

Khan is the former Inspector General of Police.