Daily News

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Government approves Rs 7,660 crore green highway project in 4 states

Cabinet has approved building 780-km 'green' National Highway project at a cost of Rs 7,660 cr. Project pertains to rehabilitation & upgradation covering a total length of over 780 km in states of Himachal, Rajasthan, UP & Andhra

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Union Minister of Road Transport & Highways: Nitin Gadkari

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Compensation to Be Paid Within 30 Days: New POCSO Rules Comes into Force

Central Govt notified Protection of Children from Sexual Offences Rules, 2020 replacing the earlier 2012 Rules, whereby State Govt shall pay the compensation ordered by the Special Court within 30 days of receipt of such order

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CJI: Sharad Arvind Bobde

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NSE facilitates single-largest debt issuance by InvIT

National Stock Exchange (NSE) said it has facilitated the single-largest debt issuance of around Rs. 1,675 crores by an infrastructure investment trust (InvIT) on its platform through its electronic bidding platform

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MD & CEO NSE: Vikram Limaye

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Cabinet approves RoDTEP scheme to reimburse taxes, duties paid by exporters

Union Cabinet approved the Remission of Duties or Taxes on Export Products, a scheme for exporters to reimburse taxes & duties paid by them such as value-added tax, coal cess, mandi tax, electricity duties & fuel used for transportation

Did you Know

India’s exports were $265.26 bn in April-January period

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Maharashtra renames Aurangabad airport to Chhatrapati Sambhaji Maharaj Airport

Maharashtra Assembly passed a resolution recommending to the Aurangabad airport in the state be renamed as Chhatrapati Sambhaji Maharaj Airport. It also passed a resolution to rename Mumbai central station here after philanthropist Nana Shankarsheth

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Maharashtra CM: Uddhav Thackeray; Governor: B S Koshyari

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Saurashtra Beat Bengal To Clinch Maiden Ranji Trophy Title

Saurashtra won their maiden Ranji Trophy title on the back of their 1st innings lead against Bengal in the final played at SCA Stadium. Jaydev Unadkat broke a 21-year-old record as he became the fast bowler with most wickets in a single Ranji season

Did you Know

Ranji Trophy is a domestic first-class cricket championship

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Kotak, HDFC, Axis & ICICI Bank to collectively invest Rs 31,000 cr in Yes Bank

Kotak Mahindra Bank to acquire 50 cr, HDFC- 100 crore, Axis Bank will- 60 crore & ICICI- 100 core of equity shares respectively by investing Rs 500 cr, Rs 1000 cr, Rs 600 cr & Rs 1000 cr at a price of Rs 10 per share in the Yes Bank

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Authorised cap of Yes Bank raised to Rs 6200 cr from Rs 1100 cr

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Infosys completes acquisition of Simplus

IT major Infosys has completed acquisition of Simplus, one of the fastest growing Salesforce Platinum Partners in the US & Australia in an up to $250 million deal. Salesforce had a minority stake in Simplus

Did you Know

Infosys is Bengaluru a headquartered IT Company

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RBI issues guidelines for Ind AS implementation by NBFCs, ARCs

RBI came out with regulatory guidelines for implementation of Indian Accounting Standards (Ind AS) by NBFCs & ARCs while preparing their financial results, aimed at facilitating comparison and better supervision

Did you Know

IND AS have been harmonised with Int. Financial Reporting Stds

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RBI revises exposure limits for urban cooperative banks to single, group borrowers

RBI revised exposure limits for urban cooperative banks to a single borrower & a group of borrowers to 15% and 25%, respectively, of tier-1 capital. UCBs shall bring down their existing exposures within the revised limits by March 31, 2023

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RBI increased overall PSL target for UCBs to 75% of ANBC

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Exports post first rise in 7 months, grow by 2.91% in February

India's exports rose for the first time in 7 months in Feb growing by 2.91% to $27.65 billion, as per commerce ministry data. Imports grew by 2.48% to $37.5 billion, leaving a trade deficit of $9.85 billion as against $9.72 billion in Feb 2019

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Union Minister of Commerce and Industry: Piyush Goyal

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Rajya Sabha nod for Vivad Se Vishwas Bill

Parliament has given its nod to Direct Tax Vivad se Vishwas Bill, 2020. It intends to provide a one-time opportunity to end disputes by giving taxpayers a chance to settle tax disputes by paying their dues without any interest or penalty till March 31

Did you Know

Cap of ₹5 crore in dues included in scheme

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Wings India 2020 launched in Hyderabad

Wings India 2020, the biennial civil aviation & aerospace event was launched at Begumpet Airport in Hyderabad. UDAN 4.0+ knowledge paper on the changing landscape of Indian aviation sector under regional connectivity scheme was released

Did you Know

Wings India 2020 theme: Flying for All

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ITBP chief SS Deswal given additional charge of BSF DG

ITBP Director General SS Deswal took additional charge of the Border Security Force (BSF) after its incumbent VK Johri was repatriated to parent cadre to take over as the Director General of Police of Madhya Pradesh.

Did you Know

BSF established on December 1, 1965.

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Bengali Actor Santu Mukhopadhyay Passes Away at 69

Renowned Bengali actor Santu Mukhopadhyay, known for his cultured performances in a large body of films and television serials, died following a long illness. He made his film debut at the age of 24 in Raja directed by Tapan Sinha.

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Jagdeep Dhankar, Governor of West Bengal.

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BSNL partners SBI to launch Bharat InstaPay

BSNL has launched its digital payment service, Bharat InstaPay, for its channel partners across the country. It is powered by SBI, which will enable all type of channel partners of BSNL for doing all their payment transactions digitally on 24 X 7 basis.

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P.K. Purwar, CMD, BSNL.

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14 March: International Pi Day

Pi Day is celebrated on March 14th (3/14) & is the symbol used in mathematics to represent a constant- the ratio of the circumference of a circle to its diameter- which is 3.14159. Pi has been calculated to over 1 trillion digits beyond its decimal point.

Did you Know

Pi will continue infinitely without repetition or pattern.

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14 March: International Day of Action for Rivers

The International Day of Action for Rivers observed on 14 March is a day to celebrate victories such as dam removal. Born out of the first Meeting of People Affected by Dams in Brazil in March 1997, it is an event to celebrate the freshwater ecosystems.

Did you Know

It is organised by the International Rivers NGO.

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Lady Gaga: Newly Discovered Insect Species Named After Singer

Lady Gaga’s flamboyant visual style has inspired the name of a newly discovered insect species. Kaikaia gaga is a new genus of the treehopper bugs found almost three decades ago near the Pacific coast of Nicaragua. Brendan Morris named the species.

Did you Know

Morris is a PhD candidate from University of Illinois, US.

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Centre sanctions Rs 365 Cr for Sabroom ICP in Tripura

The Centre has sanctioned Rs 365 Cr for constructing a new Integrated Check Post at Sabroom, the southernmost town in South Tripura district. This will be the 2nd ICP along the Indo-Bangla border in the state after Akhaura ICP, which was set up in 2013.

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Tripura Chief Minister- Biplab Kumar Deb.

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NCLAT Chairman Justice S J Mukhopadhaya retires,Justice Bhat appointed as officiating chairman

Justice Sudhansu Jyoti Mukhopadhaya, the first chairperson of the National Company Law Appellate Tribunal (NCLAT) who turns 70 on March 15, retired.The government has appointed Justice Bansi Lal Bhat as the officiating chairperson of NCLAT.

Did you Know

An NCLAT chairperson is appointed for five years