June 2019

The markets regulatorSecurities and Exchange Board of India (SEBI)introduced enhanced disclosure guidelines for credit rating agencies (CRA). SEBI asked the rating companies to disclose the probability of default for the issuers they rate, troubled by the raters’ track record of detecting defaults or near-defaults. Reason for the move: Since the global financial crisis in 2008, the credibility of the rating agencies has […]

Author Amitav Ghoshwas conferred the 54th Jnanpith Award. He was awarded for his contribution to the enrichment of Indian literature in English at a ceremony. The award was presented by the former governor of West Bengal Gopalkrishna Gandhi in New Delhi on 13 June. Amitav Ghosh is the first English writer to get this prestigious  Jnanpith Award Amitav Ghosh: Amitav Ghosh is an Indian writer. He is

The first session of the 15th Andhra Pradesh Legislative Assembly as the senior leader of YSR Congress Party Tammineni Sitaram unanimously elected as the Speaker of the Assembly.  Chief Minister Y. S. Jagan Mohan Reddy congratulated Tammineni appealed to protect the parliamentary democracy. The 15th Andhra Pradesh Legislative Assembly’s first session preferred by the government with elected

 ‘Badshah of Bollywood’ or ‘King Khan’, as he is referred to, having appeared in more than 80 Bollywood films till date, is all set to lead the Indian Film Festival of Melbourne as the chief guest to celebrate ‘courage’ as its central theme. The Indian Film Festival Melbourne is back for its 10th edition in

Turkey announced that it will not back down from its decision to buy Russian S-400 missile defense systems despite U.S.’s ultimatum.This has created tension between Ankara and Washington, the NATO allies. The S-400s are not compatible with NATO’s defense systems. US said it would compromise its F-35s, which Turkey also plans to buy. Turkey has proposed that the allies form a working

Chinese President Xi Jinping was on Thursday conferred with the highest national award of Kyrgyzstan, which is hosting the 19th Shanghai Cooperation Organisation (SCO) summit. President of Kyrgyzstan Sooronbay Jeenbekov awarded his Chinese counterpart (Xi Jinping) the Manas Order of the First Degree, the country’s highest national prize, China’s state-run Xinhua news agency reported. Xi,

Gymnastics Federation of India announced the Indian team for the Senior Asian Artistic Gymnastics Championships  It is to be held in Ulaanbaatar, Mongolia from June 19 to 22. The four men and four women senior gymnasts selected for the prestigious tournament after Sports Authority of India (SAI) agreed to GFI’s proposal of holding open trials at

EducationUSA launched an app in collaboration with the United States India Educational Foundation The app is available on both Android and iOS platforms for free The US embassy launched a mobile application that gives comprehensive and latest information about studying in the United States.  The main aim is at students who may not be geographically

The day is celebrated to raise awareness of the need for safe blood and blood products and to thank blood donors.  The theme is – Blood Donation and Universal Access to Safe Blood Transfusion The main aim is to use as a component of achieving universal health coverage.  The theme encourages more people all over the

The project will be constructed once the ‘Gaganyaan’ human space mission is completed successfully, says ISRO’s K Sivan India has set its eye on building its own space station in low earth orbit to conduct microgravity experiments in space in 5 to 7 years, Indian Space Research Organisation (ISRO) revealed on Thursday. The prospects of setting up