Daily News

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Bengal has lowest NPA in SHG portfolio

West Bengal has lowest NPA in the country in the SHG portfolio, which is less than 2%. The state has over 8 lakh SHGs. Under WB State Rural Livelihoods Mission, state is promoting many poverty eradication initiatives in the rural areas

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Swasthya Sathi: WB insurance scheme for contractual labours

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World AIDS Day: 1 December

World AIDS Day is celebrated around the world on December 1 each year. The commemoration is an important opportunity to recognize the essential role that communities have played in the AIDS response at the international, national and local levels

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2019 World AIDS Day theme: Communities make the difference

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SEBI limits every issuer's exposure to 15% weight of debt ETF index

SEBI limited every issuer's exposure to 15% weight of the debt ETF index, a minimum 8 issuers & only investment grade papers. Debt ETF index will be constructed & thereafter, the investment portfolio will be created tracking the index basket of debt papers

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Rules not applicable to ETFs based on gov security index

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RBL Bank to raise ₹826 cr. from 5 investors

RBL Bank has decided to raise ₹826 cr equity capital from 5 investors to boost its capital base. Bank to issue 24.24 mn shares to these investors at ₹340.7 a piece. NPA (gross advances) for bank went up from 1.4% in September 2018 to 2.6% in September 2019

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RBL CEO & MD: Vishwavir Ahuja; HQ: Mumbai

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South Asian Games 2019: Tajinderpal, PU Chitra to lead 75-member squad

Asian Games Gold medalist Shot putter Tejinder Pal Singh Toor & 2-time Asian 1500 m champion PU Chitra to lead a 75-member Indian athletics squad in the South Asian Games being held in Kathmandu, Nepal.

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Nepal President: Bidhya Devi Bhandari

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GDP growth slips to 4.5% in September quarter

Economy posted its weakest growth in more than 6 years as manufacturing activity contracted by 1% in the Sept quarter. GDP rose 4.5% from a year ago, down from 5 % in the previous quarter, as per NSO data. Also nominal GDP growth slipped to 6.1%

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Agriculture grew at 2.1%

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Aditya Birla Finance becomes 1st NBFC to list commercial paper on bourses

Aditya Birla Finance became 1st company to list its commercial papers borrowing of Rs 100 crore on the bourses. It listed its CPs on NSE with a value date of November 28, 2019 and maturity date on February 7, 2020 on BSE and NSE

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Aditya Birla Finance HQ: Mumbai; Founded: 1991

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Ministry of Environment awards for short film competition on environment

Additional Secretary Environment Ministry, Ravi Agrawal presented the awards to several school students & professionals for their documentaries & films in New Delhi. Out of the 345 entries received, 90 films were nominated for screening before the Jury

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Environment Minister: Prakash Javadekar

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Govt launches drive to enroll 1 cr beneficiaries- PM-SYM & NPS-Traders

Government has launched a drive to enroll 1 crore beneficiaries under Pradhan Mantri Shram Yogi Maandhan (PM-SYM) & National Pension Scheme for Traders & Self Employed Persons (NPS-Traders) by March 2019

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Labour and Employment Minister: Santosh Kumar Gangwar

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Soma Roy Burman appointed new Controller General of Accounts

Soma Roy Burman, a 1986-batch Indian Civil Accounts Service (ICAS) Officer, took charge as the new Controller General of Accounts. Burman is 24th Controller General of Accounts (CGA) & is the 7th woman to hold this coveted position

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Comptroller and Auditor General: Rajiv Mehrishi

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Syed Modi International: Wang and Marin clinch titles

Sourabh Verma lost in straight games to Chinese Taipei's Wang Tzu Wei in the men's singles final.The women’s title went to Rio Olympics gold medallist Carolina Marin, who defeated Thai Phittayaporn Chaiwan 21-12, 21-16.

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Syed Modi was eight-time National Badminton champion.