Daily News

Image

RV Verma appointed as non-executive Chairman of AU Small Finance Bank

RV Verma, former Chairman & Managing Director of National Housing Bank has been appointed as Non-Executive Chairman of AU Small Finance Bank. Reserve Bank of India (RBI) has approved his appointment for a period of one year

Did you Know

AU Small Finance Bank HQ: Jaipur

Image

International Day of Human Space Flight: 12 April

12 April 1961 was the date of the first human space flight, carried out by Yuri Gagarin, a Soviet citizen. UN Assembly declared 12 April as the International Day of Human Space Flight to celebrate each year the beginning of the space era for mankind

Did you Know

1957: First human-made Earth satellite Sputnik I was launched

Image

30 crore poor get Rs 28,256 crore under PMGKY

More than 30 crore poor people have received Rs 28,256 cr financial assistance under Pradhan Mantri Garib Kalyan Yojana announced by Finance Minister Nirmala Sitharaman last month to protect them from the impact of lockdown

Did you Know

Rs 13,855 cr disbursed as payment of 1st instalment of PM-KISAN

Image

LIC announces extension of 30 days for payment of premium due

LIC announced an extension of 30 days for payment of premium due in March and April 2020 to mitigate the hardships being faced by policyholder. The relaxation is allowed up to April 15 for February premiums, where grace period was expiring after March 22

Did you Know

LIC is a 100% Govt owned Subsidiary

Image

EPFO settles 1.37 lakh PF withdrawal claims worth Rs 280 cr during lockdown

EPFO has settled 1.37 lakh provident fund withdrawal claims worth Rs 280 crore was disbursed under a new provision especially formulated by amending the EPF Scheme to help subscribers fight COVID-19.

Did you Know

EPFO works under Ministry of Labour & Employment

Image

Flipkart partners with Tata for distribution of essential supplies

E-commerce firm Flipkart and Tata Consumer Products Ltd have partnered to enable access to essential food and beverage products to Indians through a system where the latter’s distributors will list as marketplace sellers on the former’s platform

Did you Know

The partnership is already operational in Bengaluru

Image

Govt eases norms for PPF and Sukanya Samriddhi account holders

Finance Ministry has extended the deadline for mandatory minimum deposit in Public Provident Fund (PPF) and Sukanya Samriddhi Account (SSA) for 2019-20 by three months up to June 30

Did you Know

Small Savings schemes are provided under India Post

Image

7 major consultancies join hands with Invest India for economic revival post Covid-19

7 consultancy firms – Bain & Co, EY, PwC, BCG, KPMG, Primus Partners and Mirae Asset Management – have joined hand with Invest India to chalk out an economic revival strategy for India after the pandemic comes to an end

Did you Know

Invest India is a Joint Venture of Indian chambers of commerce

Image

TRIFED asks Agencies to initiate procurement under ‘MSP for MFP scheme’

TRIFED under Ministry of Tribal Affairs, has asked the State Nodal Departments & Implementing Agencies to initiate procurement of Minor Forest Produces (MFPs) at Minimum Support Price (MSP) from the available funds under MSP for MFP Scheme

Did you Know

TRIFED: Tribal Co-op Marketing Development Federation

Image

World Bank forecasts worst economic slump in South Asia in 40 years

South Asian region, comprising 8 countries, is likely to show economic growth of 1.5% to 2.8% this year, the World Bank said in its South Asia Economic Focus report, well down from the 6.3% it projected 6 months ago.

Did you Know

India's economy is expected to grow 1.5% to 2.8%

Image

Justice V Kanagaraj appointed new State Election Commissioner of Andhra Pradesh

Justice V Kanagaraj, a retired judge of the Madras High Court, assumed charge as the State Election Commissioner of Andhra Pradesh with the promulgation of an Ordinance amending Section 200 of the AP Panchayat Raj Act, 1994

Did you Know

AP Governor: Biswabhusan Harichandan

Image

Former Gujarat cricketer Walter D'Souza passes away

Former Gujarat cricketer, Walter D'Souza passed away at the age of 93. He was one of India's oldest living first-class cricketers, who featured in 16 fixtures for state. D’Souza’s first-class career lasted for nearly 2 decades from 1947-1948 to 1965-1966.

Did you Know

Saurashtra lifted 2019-20 edition of Ranji Trophy.

Image

Tata Capital Announces the Elevation of Sarosh Amaria To Managing Director

The Board of Tata Capital Financial Services (TCFSL), subsidiary of Tata Capital Limited, announced the elevation of Sarosh Amaria to the Managing Director. Sarosh Amaria is currently the Chief Operating Officer of the Commercial & SME Finance Division.

Did you Know

Amaria joined TCFSL as a founding member in 2007.

Image

SC extends tenure of TDSAT chairperson Justice Shiva Kirti Singh

The Supreme Court extended by three months the tenure of Telecom Disputes Settlement Appellate Tribunal (TDSAT) chairperson Justice Shiva Kirti Singh. He was due to retire on April 20. The last appointment to the tribunal was made in April 2017.

Did you Know

Bench was led by Chief Justice SA Bobde.

Image

India retains 108th slot at FIFA’s latest ranking

India football team retained its 108th spot in the latest FIFA rankings.Belgium & France retained their first & second positions respectively in the latest rankings.Brazil is on the 3rd place followed by England.South Sudan move into joint-168th position.

Did you Know

The Federation Internationale de Football Association (FIFA).