Union Govt plans to raise funds through LIC IPO
Finance Minister of India proposed to sell a part of its holding in largest insurer LIC via initial public offer (IPO). She also proposed to sell the government’s remaining stake in IDBI Bank. The government set a divestment target of Rs 2.1 lakh crore for FY21 compared with Rs 1.05 lakh crore target for the
USA declares public health emergency over spread of coronavirus
The novel coronavirus has been declared a public health emergency in the United States. US citizens returning from the rest of mainland China in the two weeks prior will face a health screening at a select number of ports of entry. Those citizens also face up to two weeks of monitored self-quarantine to ensure they
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PMAY-G aims to achieve the objective of Housing for all by 2022
Union Government aims to achieve objective of Housing for All by 2022 under Pradhan Mantri Awas Yojana – Grameen (PMAY-G). A total of over one crore 50 lakh rural houses have been completed in the last five years. The eligible beneficiaries will get one crore 95 lakh houses in the second phase of the scheme.
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World’s First Transcatheter Mitral Valve
The Transcatheter Mitral Valve Implantation (TMVI) system received European CE mark. It is the world first transcatheter mitral valve replacement (TMVR) technology to gain commercial clearance. It addresses a critical need to eliminate mitral regurgitation when surgery or mitral repair is not an option in high-risk surgical patients. Daily Current Affairs Quiz 2020 This therapy
ISRO readying for launch low cost satellite vehicles
The Indian Space Research Organisation is readying to launch low-cost satellite vehicles costing about Rs 30-35 crore each, which can put into orbit satellites weighing 500 kg. The first such launch from the country is expected to take place in the next four months. Daily Current Affairs Quiz 2020 This capability will give ISRO a
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India bans export of all kinds of respiratory masks
The Indian government has banned the exports of all kinds of personal protection equipment, including clothing and masks used to protect people from air borne particles. The move assumes significance as there could be a spurt in demand for such products due to outbreak of deadly coronavirus that has claimed more than 200 lives in
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