Daily News

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India Ratings & Research lowers GDP growth projection to 5.6%

India Ratings & Research has revised downwards its growth projection for 2nd quarter of current financial year to 4.7% & the full-year growth estimate to 5.6%. Also private final consumption expenditure growth is estimated to grow 4.9% in FY20

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Real GDP growth is projected at 6.1% in 2019-20: RBI

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RBI revises framework on currency swap arrangement for SAARC countries

Framework valid from 2019-2020 provides certain concessions for swap drawals in Indian rupee where RBI will continue to offer a swap arrangement within the overall corpus of $2 billion though the drawals can be made in USD, euro or INR

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SAARC currency swap facility came into operation in 2012

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Indian archers clinch 3 bronze medals at Asian Championship

Atanu Das clinched a bronze in the men's recurve individual event against Jin Hayek Oh of Korea and also won a bronze in the recurve mixed team competition with Deepika Kumari. Indian archers are competing as neutral athletes under World Archery flag

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Das with Tarundeep & Jayanta beat China in bronze medal tie

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President Kovind launched web-portal of “National Youth Parliament Scheme”

The web-portal of National Youth Parliament Scheme is available at www.nyps.mpa.gov.in. Objective of the portal is to increase the outreach of the youth parliament programme of the Ministry to hitherto untouched sections & corners of the country

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Samvidhan Diwas- 70th anniversary of constitution adoption

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ISRO launches India’s latest earth observation satellite Cartosat-3

ISRO launched Earth observation satellite, Cartosat-3 successfully using the rocket PSLV in its C-47 version carrying along with it 13 other customer payloads into the intended polar sun-synchronous orbit from Satish Dhawan Space Centre at Sriharikota

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Cartosat-3 is 9th satellite of its class, 1st in 3rd gen payload

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Govt launches Credit-linked Subsidy Services Awas Portal

Union Minister Hardeep Singh Puri launched Credit-linked Subsidy Services Awas Portal, CLAP, in New Delhi which provides a transparent & robust real-time web-based monitoring system for credit-linked Subsidy Services, CLSS, beneficiaries

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Pradhan Mantri Awas Yojana target year-2022

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Cabinet approves hike in FCI's authorised capital to ₹10,000 crore

Cabinet Committee on Economic Affairs approved an increase in the authorised capital of Food Corporation of India to Rs 10,000 crore from ₹3,500 crore. The move will help FCI raise more money in the reduce the borrowings of FCI, save interest cost of FCI.

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FCI was constituted under the Food Corporations Act, 1964

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Uttar Pradesh govt to set up state's 1st vulture conservation

UP government will set up state's first vulture conservation & breeding centre in Maharajganj district, in association with Bombay Natural History Society, as the 1st scientific assessment of vultures in state to find out which species is most threatened

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UP Governor: Anandiben Patel

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Chattisgarh Declares Guru Ghasidas National Park as Tiger Reserve

Chhattisgarh government has decided to declare Guru Ghasidas National Park in the state's Korea district as a tiger reserve. Presently the state has 3 tiger reserves- Indravati in Bijapur district, Udanti-Sitanadi in Gariaband & Achanakmar in Bilaspur

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Chhattisgarh Chief Minister: Bhupesh Baghel; Governor: Anusuiya

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Cabinet approves India-Chile double taxation avoidance treaty

Union Cabinet approved Double Taxation Avoidance Agreement between India & Chile. The agreement helps tax-payers in these countries avoid being taxed twice for same income & applies in cases where tax-payer resides in one country & earns income in another

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Chile Capital: Santiago
Currency: Chilean peso