Indiabulls Housing Finance Ltd has appointed Naveen Uppal as the Chief Risk Officer (CRO). The appointment complied with norms of National Housing Bank (NHB), the housing finance sector regulator. His appointment will be for a period of three years with effect from June 17, 2019. He will be directly reporting to the managing director and CEO of the company. RBI’s norm: The appointment comes […]

The World Bank has agreed a loan agreement of $518 million to Pakistanfor reforms to enhance tax revenues and reduce compliance cost to provide better services to the public.  The bank approved $400 million loan for the Federal Board of Revenue (FBR) to increase its tax to gross domestic product ratio from 13% to 17% and enhance the number of income tax return filers, among

Bapatla MLA of the YSR Congress Party Kona Raghupathi was unanimously elected as the Deputy Speaker of AP’s 15th Legislative Assembly on Tuesday, the last day of the first session. His candidature was proposed by YSRCP MLAs and Ministers Botcha Satyanarayana, Kodali Sri Venkateswara Rao, Mekathoti Sucharita and others and the House unanimously elected him.

The Himachal Pradesh government made it mandatory for trekkers to carry a GPS device to tackle any exigency on 18 June 2019. The decision was made in a review meeting chaired by Additional Chief Secretary Shrikant Baldi on preparedness for the monsoon in Shimla. The announcement also added that it is important that trekking and other yatras must be restricted during adverse weather.

NITI Aayog, the government’s think tank, has proposed that only electric vehicles should be sold after 2030. The move is to expand the scope of the clean fuel technology beyond two- and three-wheelers. Proposal to Ministries: ♦ It also seeks to fix responsibility for different ministries. It had asked the Ministry of road transport and highways to prepare a framework to phase

According to the Randstad Employer Brand Research (REBR) 2019 reported that Amazon India, the E-commerce giant, is the most attractive employer brand in the country.  Amazon scored high on financial health, utilisation of latest technologies and a strong reputation.The top 10 most-attractive employer brands in India for 2019 are: 1st-Amazon India 2nd-Microsoft India 3rd-Sony India 4th-Mercedes-Benz 5th-IBM 6th-Larsen & Toubro 7th-Nestle

England captain Eoin Morgan set the world record for most sixes (17) in an One Day International (ODI). He achieved this record during his 71-ball 148-run knock against Afghanistanin World Cup on 18 June 2019. Morgan was assisted by Joe Root in the 189-run partnership for the third wicket during which Root made 88 runs off 82 balls. Previous records: The

The Reserve Bank of India had set up an eight-member expert committee under the leadership of former chairman of SEBI, UK Sinha on 18 June 2019. The aim is to review the current framework for the MSME sector.  Members of the committee: 1)Head: UK Sinha, former chairman of SEBI Other members: 2)Ram Mohan Mishra, development commissioner for MSME 3)Pankaj Jain, Joint

Om Birla has been unanimously elected as the 17th Lok Sabha Speaker with the opposition Congress coming out in support of the National Democratic Alliance (NDA)’s candidate. Birla will replace Sumitra Mahajan. Mr.Om Birla: He is a two-time Bharatiya Janata Party (BJP) member of Parliament (MP) from Rajasthan. Birla is also a member of the Standing Committee on Energy in Parliament, member of Committee on Petitions

Facebook finally unveiled the details of Libra, its cryptocurrency. Using Libra people can buy things or send money to people with nearly zero fees. It will be rolled out for use in 2020 and allow the platform’s billions of users across the globe to make financial transactions online.  The currency will be serviced by a collective of companies