Reserve Bank of India eases norms for home loans
Posted on March 6, 2015
Giving a boost to affordable housing, the RBI on Thursday eased the norms for home loans for up to 10…
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RBI cuts Repo rate by 25 basis points
Posted on March 4, 2015
RBI today announced a surprise repo rate cut, the second in less than two months. Repo rate has been reduced…
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The fourth satellite IRNSS-1D to be launched soon
Posted on March 4, 2015
Indian Space Research Organisation (ISRO) is setting up Indian
Regional Navigation Satellite System (IRNSS) to provide positioning and
navigational services…
*******************************************************************************ISRO to carry out a test flight of Reusable Launch Vehicle – Technology Demonstrator (RLV-TD) by second quarter of 2015
Posted on March 4, 2015
Indian Space Research Organisation (ISRO) will carry out a test
flight of Reusable Launch Vehicle – Technology Demonstrator (RLV-TD) by…
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Bill Gates named world’s richest person for 16th time
Posted on March 3, 2015
Bill Gates has been declared the richest man in the world for the 16th time by Forbes magazine’s annual ranking…
*******************************************************************************Jagmohan Dalmiya Returns as BCCI President
Posted on March 2, 2015
Veteran cricket administrator Jagmohan Dalmiya was unanimously
elected President of the BCCI but the N Srinivasan camp suffered a huge…
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Highlights of the Pradhan Mantri Suraksha Bima Yojana
Posted on March 1, 2015
Eligibility: Available to people in age group 18 to 70 years with bank account. Premium: Rs.12 per annum. Payment Mode:…
*******************************************************************************Highlights of The Pradhan Mantri Jeevan Jyoti Bima Yojana
Posted on March 1, 2015
Eligibility: Available to people in the age group of 18 to 50 and having a bank account. People who join…
******************************************************************************* Introduction of the Atal Pension Yojana
Posted on March 1, 2015
1] The Government of India is extremely concerned about the old age income security of the working poor and is…
*******************************************************************************Micro Units Development and Refinance Agency (Mudra) Bank
Posted on March 1, 2015
According to the NSSO survey of 2013, there are 5.77 crore small
business units, mostly individual proprietorships, which run small…
*******************************************************************************Steps Being Taken for Increasing Financing to Micro, Small And Medium Enterprises (Msmes)
Posted on March 1, 2015
Debt Financing: Loans to Medium Enterprises are being brought under
Priority Sector Lending. A separate sub-limit of 7.5% in Priority…
********************************************************************************Banking Reforms
Posted on March 1, 2015
Performance of Public Sector Banks has remained sub-optimal so far.
The Government is taking various steps to improve the situation…
********************************************************************************International Financial Services Centre (IFSC)
Posted on March 1, 2015
1) An International Financial Services Centre (IFSC) is set up at Gandhinagar, Gujarat as a part of a Special Economic…
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PM’s address at event to mark completion of 25 years of NASSCOM
Posted on March 1, 2015
The Prime Minister, Shri Narendra Modi, today called upon the Indian IT Industry to focus on meeting the global challenge…
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Important International Days in March 2015
Posted on March 1, 2015
List of Important International Days in March 2015 1 March – Zero Discrimination Day 3 March – World Wildlife Day…
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Mufti Mohammed Sayeed to take oath as Chief Minister
Posted on February 28, 2015
A historic coalition of BJP and PDP is to take over the reins of Government in Jammu and Kashmir on…
********************************************************************************Economic Survey 2014-15 Highlights
Posted on February 27, 2015
Economic Outlook, Prospects and Policy Challenges Macroeconomic
fundamentals in 2014-15 have dramatically improved. Highlights are:
Inflation has declined by over…
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Union Budget 2015
Posted on February 28, 2015
Finance Minister Shri Arun Jaitley has said that the Indian Economy has turned around dramatically in the last nine months…
*********************************************************************************National Science Day 2015
Posted on February 27, 2015
“Science for Nation Building” will be theme for the National Science Day to be celebrated tomorrow –the 28th February. This…
*********************************************************************************A Growth Rate of over 8 Per Cent Expected for the Coming Year: Govt
Posted on February 27, 2015
Indian Economy is looking-up with brighter prospects amongst the
world’s major economies today. The Economic Survey 2014-15 presented by
the…
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Major Reform Initiatives Undertaken by Government in Banking, Insurance and Financial Sector
Posted on February 27, 2015
Economic Survey 2014- 15 states that liquidity conditions (money
supply) have remained broadly balanced during 2014-2015 except for some
temporary…
‘Operation Five Minutes’ to ensure Speedy Purchase of Tickets for Unreserved Class Passengers
Posted on February 26, 2015
The Minister of Railways Shri Suresh Prabhakar Prabhu has said that he has not increased the passenger fares in the…
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