RBI's monetary policy committee cuts repo rates by 25 basis points to 5.15%. The reverse repo rate has been reduced to 4.9%, & bank rate stands at 5.40%. The real GDP growth for 2019-20 has been revised downwards from 6.9% in the August policy to 6.1%.
Net disbursal of ECBs rose to US$ 8.2 bn during April - Aug 2019
The 12-day joint military exercise named KAZIND-2019 between India and Kazakhstan has begun in Pithoragarh. The aim of the exercise was to conduct company level joint training with an emphasis on counter-terrorism operations in mountainous terrain.
Kazakhstan: Capital - Nur-Sultan; Currency - Kazakhstani tenge.
UP CM flagged off the country's 1st corporate train Lucknow-Delhi Tejas Express. Acc. to IRCTC, the passengers will get a refund of ₹ 100 in case the train gets delayed for 1 hour. If the delay is of more than 2 hours then the refund amount will be ₹ 250.
IRCTC is offering free travel insurance of ₹ 25 L to passengers.
The government had launched PRAKASH - Power Rail Koyla Availability through Supply Harmony- portal in New Delhi. The portal is designed to help in mapping and monitoring entire coal supply chain for power plants.
The portal was launched by RK Singh & Pralhad Joshi.
Odisha Chief Minister Naveen Patnaik launched the government’s new governance initiative ‘Mo Sarkar’.The objective of the programme is to provide service with dignity to people who are coming to government offices for different purposes.
Odisha Governor - Ganeshi Lal.
NIACL has entered into ICAs for debt exposure to debt instruments of Reliance Home Finance and Dewan Housing Finance. As per RBI, the defaulting lenders to the company would put in place n a resolution plan within 30 days of the default.
Aim of having ICA is to achieve resolution in time-bound manner.
Min of Tourism has launched the Audio Guide facility Audio Odigos for 12 sites of India (Including Iconic sites). The app contains an inbuilt map of site for smooth navigation during the tour.The audio can be chosen in their preferred language & version.
App offers verified content,with visuals & voice over support.
Uttarakhand CM Trivendra Singh Rawat launched an awareness campaign 'Urjagiri' which aims at stopping power theft and saving. The CM emphasized on the need to speed up the process for wider awareness to avoid power loss in the state.
Valley Of Flowers National Park is located in Uttarakhand.
England all-rounder Ben Stokes has been voted Professional Cricketers' Association player of the year. He helped England win the World Cup for the first time and made a remarkable unbeaten 135 to win the third Ashes Test against Australia at Headingley.
Somerset batsman Tom Banton was voted young player of the year.
IT Ministry launched an automated real-time performance smart-board which will act as single-window access for Centre/state/district-specific projects. It will enhance analysis via data integration by consolidating multiple data sources into one platform.
Ravi Shankar Prasad unveiled the 'Digital Charkha' recently.