India-Sri Lanka joint military exercise Mitra Shakti 2016 begins The fourth edition of the India-Sri Lanka Joint Military Exercise ‘MITRA SHAKTI 2016’ began at Sinha Regimental Centre in Ambepussa, Sri Lanka. The main focus of this edition of joint exercise […]
PM Narendra Modi to review expansion plan for NH-24 Prime Minister Narendra Modi is scheduled to take stock of the expansion work of NH-24 on Wednesday in his monthly Pragati meeting. The project has been moving at snail’s pace 10 months after Modi laid the foundation stone for this project due to several hurdles including […]
. The Reserve Bank of India (RBI) has signed up Memorandum of Understanding (MoU) with the Bank of Israel (BOI) for exchange of information pertaining to supervision of banking. 2. State Bank Of India has recently launched SBI e-Smart SME for providing the working capital loan for sellers on ecommerce platforms. The seller available on […]
Security forces cannot use excessive force in AFSPA areas: Supreme Court July 9, 2016No comments The Supreme Court of India has ruled that army and paramilitary forces cannot use excessive and retaliatory force during counter-insurgency operations in […]
RBI relaxes norms for foreign investment in startups The Reserve Bank of India (RBI) has said that Foreign Venture Capital Investors (FVCIs) can invest in Indian startups irrespective of the sector in which the startup is engaged without prior permission of the apex bank. Sebi-registered FVCIs have also been permitted to invest in unlisted firms […]
Wrestler Geeta Phogat appointed DSP in Haryana Police Haryana Government has appointed wrestler Geeta Phogat (27-year) as a Deputy Superintendent of Police(DSP) in Haryana Police. She has been appointed as DSP rank under the sports quota by Haryana Chief minister Manohar Lal Khattar by Home Department’s proposal. Geeta Phogat has won India’s first ever gold […]
India central bank allows banks to approve extension of offshore company’s debt Earlier banks had to seek approval of the central bank before restructuring any such offshore borrowings. Any extension of tenure, or conversion of unpaid ECBs into equity will be subject to consent of other lenders to the same borrower, the RBI said. International […]
Jio is a commitment of Rs 2,50,000 crore, set to tap the consumption wave in India: Mukesh Ambani MUMBAI: Mukesh Ambani on Monday called his encounter with incumbents over the points of interconnect “ragging” of a new comer, which both he and his company were willing to bear but not at the cost of “millions […]
In the First, Bank deposits cross Rs 100 lakh crore According to the data released by the RBI ,India’ banking system reported total deposits of Rs 100 lakh crore for the first time ever in September month of this year. With demand deposits crossing Rs10 lakh crore and time deposits crossing the Rs 90 lakh […]
Current Affairs 15 October 2016 Bank of Baroda appoints P V Sindhu and K Srikanth as Brand ambassadors Public sector bank Bank of Baroda (BOB) has signed a three-year principal sponsorship contract with badminton Olympians P V Sindhu and K Srikanth. Bank of Baroda logo will appear on the center chest of the two athletes’ […]
