The Union Cabinet has given its approval for expansion of India – Chile Preferential Trade Agreement (PTA) between India and Chile, under which 86% of India’s exports to Chile will get covered for concessions. India has friendly relations with Chile. Chile…
Month: April 2016
BRICS BANK OKAYS FIRST LOAN OF $811 MN FOR GREEN ENERGY
The New Development Bank (NDB), formed by the BRICS group of emerging nations, has approved its first loans – $811 million for renewable energy projects in Brazil, China, India and South Africa. The BRICS bank, with authorised capital of…
India, Maldives signed six agreements to deepen bilateral cooperation
India and Maldives signed six agreements in different sectors including avoidance of double taxation, conservation and restoration of ancient mosque, tourism and defence. The agreements were signed after comprehensive talks between Prime Minister Narendra Modi and visiting Maldives President Abdulla Yameen Abdul Gayoom….
Bank Board Bureau’s first meeting discusses stressed assets
The first meeting of the recently-formed Bank Board Bureau (BBB) met at the RBI headquarters in Mumbai and discussed issues of non-performing assets (NPAs), or bad loans, as well as strategies for recapitalising banks. Taking the first step towards a holding company…
CHEIRAOBA
Sajibu Panba Cheiraoba festival heralds the advent of the New Year in Manipur and is celebrated with religious fervour and gaiety. The festival, which falls on April 8, strengthens the bond of love and brotherhood. Manipur, the small hilly state…
Justice Kohli takes over as CAT chief
Justice Permod Kohli, who was appointed as the new chairman of the Central Administrative Tribunal (CAT), took charge. He has been appointed to the post for five years. The Central Administrative Tribunal has been established for adjudication of disputes with…
National Hydrology Project
The Union Cabinet has given its approval to, a central sector scheme, implementation of the National Hydrology Project. It also provides for establishment of National Water Informatics Centre (NWIC) as an independent organization under the control of Ministry of Water Resources,…
Cabinet approves Stand Up India Scheme
The Union Cabinet approved the “Stand Up India Scheme” to promote entrepreneurship among SC/ST and Women entrepreneurs. The Scheme is intended to facilitate at least two such projects per bank branch, on an average one for each category of entrepreneur….