Sachin Bansal, Flipkart ex-CEO and BAC Acquisitions co-founder, has joined Ujjivan Small Finance Bank’s board as an independent director. This move becomes significant when we look at what Bansal has been trying at for the past 9-10 months. His plan was to open a bank, but for that he had to obtain a license from RBI. […]

A Two-day Yoga Mahotsava, a Curtain Raiser for International Day of Yoga (IDY) 2019 was organized in New Delhi. It was inaugurated by the Vice-Chairman, NITI AYOG Rajeev Kumar.  Organised by:The Yoga Mahotsav-2019 was organized by Morarji Desai National Institute of Yoga (MDNIY) under Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH). This is to sensitize the masses for the

Delhi government has announced its plan to subsidize travel in public transport for women commuters in the Capital. The announcement was made by Chief Minister Arvind Kejriwal. Aim: The government intends to allow women to travel for free on metro trains and State-run buses by the month of August-September. The new scheme, which is to be implemented, is to encourage

The Madhya Pradesh cabinet on Monday passed a resolution to increase the reservation quota for Other Backward Classes (OBC) from the existing 14 per cent to 27 per cent, taking the total reservation in the state to 73 per cent in violation of Supreme Court guidelines on the quota.  As of now, the state has

The Army’s Eastern Command headquarters at Fort William will play an important role in monitoring the air quality in the city. On Monday, the sixth Continuous Ambient Air Quality Monitoring System (CAAQMS) was commissioned there in the presence of Lt Gen M M Naravane, GOC-in-C, Eastern Command and officials of the West Bengal Pollution Control Board (WBPCB). Kalyan Rudra, chairman, WBPCB,

Indian Navy deployed its P-8I long-range maritime surveillance aircraft for anti-piracy sorties from Salalah in Oman to patrol the Gulf of Aden. This is the second time the P-8I is operated from Salalah for anti-piracy in 2019. It was operated from there first January. It is an expansion of its Mission Based Deployments (MBD) in the Indian Ocean Region (IOR).  P-8I: The P-8I provides

Humans are both creatures and moulders of their environment, which gives them physical sustenance and affords them the opportunity for intellectual, moral, social and spiritual growth. In the long and tortuous evolution of the human race on this planet a stage has been reached when, through the rapid acceleration of science and technology, humans have

The Reserve Bank of India has revealed that over 6,800 cases of bank fraud involving an unprecedented ₹71,500 crore were reported in 2018-19. This is 74% higher than the amount involved in 5,916 such cases reported in 2017-18. Anti-corruption watchdog Central Vigilance Commission (CVC) made an analysis and reported on top 100 frauds. The bank frauds were categorised and analysed for 13 sectors,

ONGC, India’s top oil and gas producer, has toppled Indian Oil Corp (IOC) to regain crown of being the country’s most profitable public sector company. According to earnings statements of the listed companies, Oil and Natural Gas Corp (ONGC) reported a 34 per cent jump in its 2018-19 fiscal net profit to Rs 26,716 crore.

Generalized System of Preference (GSP) is the largest and oldest US trade preference programme. India was the largest beneficiary of the GSP programme in 2017 with $5.7 billion in imports to the US given duty-free status. Reason for US withdrawing India’s GSP benefits: The move was taken on determining that India has not committed to provide