In a move to curtail Black money, terrorist financing, fake currency Prime Minister Modi has declared 500, 1000 notes to be considered as Illegal for any transaction beginning midnight 9 November. Important Points from PM’s Speech: From midnight of November 8, 2016, Rs. 500 and Rs.1000 will cease to be legal tender. Government hospitals, international …
500, 1000 Rupee notes to be discontinued from 9 November Read More »
After KS Valdiya chaired Expert Panel recently confirmed the existence of the mythical Saraswati river in India’s North-West, scientists at the Indian Institute of Technology-Kharagpur now claim they have found evidence of the ‘lost’ river of Odisha – Chandrabhaga. Facts from Report: The ancient river of Chandrabhaga is believed to have existed at a distance …
One of the most prominent Indian scientists in history, C.V. Raman was the first Indian person to win the Nobel Prize in science in 1930 for his illustrious discovery, now commonly known as the “Raman Effect”. Sir Chandrasekhara Venkata Raman was an Indian physicist born in the former Madras Province in India on 7 November 1888. He …
C V Raman: The first Indian to win Nobel Prize in Science Read More »
In June 2016, RBI had launched the S4A or Scheme for Sustainable Structuring of Stressed Assets for in an attempt to lift banks out of the morass of stressed loans. But, the scheme came with riders, which posed challenges and as a result, very few borrowers have made the cut. In order to improve the implementation of Scheme, …
S4A: Scheme for Sustainable Structuring of Stressed Assets Read More »
In recently released, World Bank’s Ease of doing Business Report 2017 India stood at 130th position in the world. Now, a sub-ranking of India’s States on the same Ease of doing business 2015-16 has also been released and Andhra Pradesh and Telangana have jointly topped the list. Important Observations from the Report: Four of the seven …
Andhra Pradesh, Telegana Top in Ease of Doing Business Read More »
