To strengthen education system 33 new initiatives have been taken and overall funding for education has increased from ₹ 67867 crore in 2013-14 to ₹ 110000 crore in 2018-19 by the Government, as stated by Union Human Resources Development Minister, Prakash Javadekar, while addressing a Press Conference at New Delhi on June 18, 2018. He added that revolutionary changes have been made to provide a...
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Magsaysay Award to Community-Driven Reformer of Learning
Sonam Wangchuk Ladakhi engineer and innovator from India Is one amongst six individuals who will receive Asia’s premier prize, the Ramon Magsaysay Award 2018 in the 60th year of an annual tradition, the Board of Trustees of the Ramon Magsaysay Award Foundation (RMAF) announced on Thursday July 26, 2018.
Ramon Magsaysay Award - established in ...
AIIB to Boost Prosperity & Security in Asia & Beyond
"Mobilizing Finance for Infrastructure: Innovation and Collaboration" was the theme of 3rd annual meeting of Asian Infrastructure Investment Bank, inaugurated by India’s Prime Minister Narendra Modi in Mumbai, Maharashtra and attended by over 3,000 delegates from 86 member countries. The Meeting had several concurrent sessions that discussed critical ...
Intermittency of Renewable Energy Sources to be managed
National Energy Storage Mission would soon be launched by the Ministry of New and Renewable Energy to kick-start grid-connected energy storage in India, set up a regulatory framework and encourage indigenous manufacture of batteries, as per the draft submitted to the Ministry in the last week of April, 2018. “We need a viable commercial plan for storing renewable energy and we will be able to si...
Indian Banks Win £1.15 billion Debt Recovery Case against Vijay Mallya in UK
Vijay Mallya Indian liquor baron lost a major lawsuit filed in the United Kingdom by 13 Indian banks including State Bank of India, Bank of Baroda, Corporation Bank, Indian Overseas Bank, Federal Bank Ltd., and IDBI Bank Ltd., to recover over £1.15 billion ($1.55 billion) from him. Judge Andrew Henshaw in London on Tuesday May 8, 2018 refused to overturn a worldwide order freezi...
Economic Center of Gravity Shifted to Asia & the Pacific
Strategy 2030, Asian Development Bank (ADB)'s new long-term corporate strategy to 2030 for expanding its vision to achieve a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, aims to set the course for ADB’s efforts to respond effectively to the region’s changing needs. ADB has been a key partner in the significant transformation of Asia and the Pacific tha...
Strategies for cracking Entrance Exams
Preparing for any competitive exam is an uphill task for the majority of students. An essential condition of achieving success in any competitive exam is systematic and well-planned preparation coupled with single-minded dedication. If you are determined to succeed, nothing can deter you from achieving your goal.
Here we are discussing some simple strategies that make the pre...
India’s EBRD Membership to Spur Investment in Range of Sectors
European Bank of Reconstruction and Development (EBRD), the London-based Multilateral Developmental Investment Bank’s Shareholders agreed, as per release dated March 7, 2018, to have India as its 69th member; enabling Indian companies to undertake joint investments in regions in which the EBRD operates. India is expected to join EBRD within the year 2018. India with its impressi...
India & Iran to Co-Operate on Energy & Connectivity
India and Iran have agreed to move beyond traditional buyer-seller relationship on energy cooperation and develop it into a long term strategic partnership, during the first State visit of Dr. Hassan Rouhani, President of the Islamic Republic of Iran to India from 15-17 February 2018. While welcoming him, India’s Prime Minister Narendra Modi, described, Chabahar as the “Golden gateway to Afghani...
How to prepare for Bank PO Exams in India
Are you aspiring to be a banker and join the league of elite bank officers? Well, the very first thing you must learn is that bank exams, as opposed to the general perception, are not very difficult. Institute of Banking Personnel Selection (IBPS) conducts Exams for Probationary Officers (POs) or Assistant Managers in public sector banks in India. However, it is important to understand the severity of competitio...