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RBI LEAVES POLICY RATES UNCHANGE

Repo rate unchanged at 6.50 per cent Reverse Repo at 6% Cash reserve ratio or CRR unchanged at 4% Growth forecast at 7.6% for the current fiscal Inflation target remains…

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PARLIAMENT PASSES INTREST AND RECOVERY OF DEBTS LAWS AND MISCELLANEOUS PROVISIONS(AMENDMENT) BILL,2016 BILL FOR EASIER DEBT RECOVERY

Parliament passed a bill which empowers banks to confiscate security in the case of loan default. The Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment)…

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2ND NATIONAL HANDLOOM DAY

The second National Handloom Day was celebrated all over the country, on August 7, 2016. 7th August was notified by the Government of India as National Handloom Day 2015 with…

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MAA-MOTHERS ABSOLUTE AFFECTION: NATIONWIDE BREAST FEEDING PROGRAMME

Union Health Minister J P Nadda launched nationwide breast feeding programme “MAA-Mothers Absolute Affection” aimed at promoting the practice among mothers. He said the programme is a very cost effective…

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RAJYA SABHA PASSES GST BILL

The Goods & Services Tax (GST) was passed in the Rajya Sabha to amend the Constitution, paving the way for the concept of “one nation, one tax”; eliminating cascading of…

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PRESIDENT CONFERS THE 51ST JNANPITH AWARD ON DR. RAGHUVEER CHAUDHARI

The President of India, Shri Pranab Mukherjee conferred the 51st Jnanpith Award on renowned writer, Dr. Raghuveer Chaudhari, an eminent scholar and a Gandhian in spirit and behavior.

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INDIA, KENYA TO DEEPEN SECURITY TIES

India and Kenya signed seven pacts, including in the field of defence and security and avoidance of double taxation during Prime Minister Narendra Modi visit to Kenya, part of his…

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KENDRAPARA SHEEP GETS RARE STATUS

A threatened breed of sheep,Kendrapara, found only in coastal Jagatsinghpur and Kendrapara districts of Odisha has been conferred ‘rare and singular species’ tag by the central government. The National Bureau…

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SERENA WILLIAMS CREATES HISTORY WITH 22ND GRAND SLAM TITLE AT WIMBLEDON 2016

World number one Serena Williams beat German fourth seed Angelique Kerber to win a seventh Wimbledon and 22nd Grand Slam title. The 22nd Grand Slam title brings her level with…

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TYPHOON NEPARTAK HITS CHINA

FACTS AND FIGURES Hurricanes, cyclones, and typhoons are all the same weather phenomenon. In the Atlantic and Northeast Pacific, the term “hurricane” is used. The same type of disturbance in…

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