The Reserve Bank of India (RBI) has excluded Lakshmi Vilas Bank (LVB) from the Second Schedule of the RBI Act after it was merged with DBS Bank India Ltd (DBIL) last year.
A bank mentioned in the Second Schedule of the Reserve Bank of India Act is known as 'Scheduled Commercial Bank'.
The Haryana State Industrial and Infrastructure Development Corporation (HSIIDC) has entered into a memorandum of understanding (MoU) with the World Trade Center (WTC) to facilitate trade and investment in Faridabad. WTC Faridabad and HSIIDC have jointly initiated to facilitate mutually beneficial meets, webinars with leading investors from the developed countries.
NASA’s Parker Solar Probe detected a natural radio signal that revealed the spacecraft had flown through Venus's upper atmosphere. This was the first direct measurement of the Venusian atmosphere in nearly 30 years — and it looks quite different from Venus's past. This marks the latest clue to untangling how and why Venus and Earth are so different.
Venus is known as Earth's twin
In the West Khasi Hills District of Meghalaya, 100-million-year old fossil bone fragments of sauropod dinosaurs have been found by researchers of the Geological Survey of India (GSI). The bone fragments were collected from poorly sorted, purplish to greenish arkosic sandstone that was interlaid with pebbly beds.
Sauropods were characterised by long necks, long tails, small heads, & pillar-like legs
RBI has allowed an on-tap term liquidity facility of Rs 50,000 cr with the tenor of up to 3 years at repo rate is being opened till March 31, 2022, for vaccine manufacturers and the healthcare sector. In order to provide further support to MSME & unorganised sector businesses, special long-term (3-year) repo operations of Rs 10,000 cr for fresh lending by SFBs up to 10Lakh.
SFBs -Small financial banks
Union Minister of State for Tourism & Culture (I/c) Prahlad Singh Patel participated in G20 Tourism Ministers' Meeting held in Italy on 4th May 2021. This dialogue aimed to collaborate in protecting tourism businesses, jobs and taking initiatives to frame policy guidelines to support the sustainable and resilient recovery of travel and tourism.
Under the Parvat Dhara scheme, the Himachal Pradesh government has initiated rejuvenation of water sources and recharging aquifers through the forest department with an outlay of Rs 20 crore. The work was started in 10 forest divisions that include Bilaspur, Hamirpur, Jogindernagar, Nachan, Parvati, Nurpur, Rajgarh, Nalagarh, Theog and Dalhousie.
Himachal Pradesh
Governor: Bandaru Dattatreya;
CM: Jai Ram Thakur
Wall Street brokerage Goldman Sachs has lowered its estimate for India's economic growth to 11.1 percent in the fiscal year to March 31, 2022, as a number of cities and states announced lockdowns of varying intensities to check the spread of coronavirus infections.
The state-owned steel major entered into the league of top 100 most valued companies list. SAIL is one of the leading steel producers in India, which has 5 large integrated steel plants (Bhilai steel plant, Rourkela steel plant, Durgapur steel plant, Bokaro steel plant, & IISCO) spread across 4 states in eastern India (Chattisgarh, Odisha, West Bengal, and Jharkhand).
SAIL stood at 78th position in the overall m-cap ranking.
Canada is authorizing the use of Pfizer Inc’s (PFE.N) COVID-19 vaccine for use in children aged 12 to 15, the first doses to be allowed in the country for people that young.
The Pfizer vaccine, produced by US company Pfizer with German partner BioNTech.
Canada Capital: Ottawa; Currency: Canadian dollar.
Actor Pandu, 74, who starred in several Tamil films and who designed the AIADMK flag at the request of MGR, died on Thursday.
Mr. Pandu designed the ‘two leaves’ symbol and the flag of the AIADMK.
All India Anna Dravida Munnetra Kazhagam is a regional political party in the state of Tamil Nadu and the union territory of Puducherry.