GSAT-19 advanced communication satellite lifted into space with successful launch of GSLV Mk III by Indian Space Research Organisation (ISRO) from the spaceport at Satish Dhawan Space Centre, Sriharikota, Andhra Pradesh on June 5, 2017 and with this India once again scripted history. Geosynchronous Satellite Launch Vehicle Mark-III or Mk3 D-1 injected the 3,136-kg GSAT-19,
Leaders of the G7, met for the 43rd G7 summit in Taormina, Sicily, Italy on May 26-27, 2017 to address, in a spirit of cooperation, the global challenges and to respond collectively to the greatest concerns of their citizens. The participants included the leaders of the G7 member states: Canada, France, Germany, Italy, Japan, UK, US; as well as representatives o...
Farm Loan Waiver of Rs 36,359 crore that includes Rs 30,729 crore of 2.15 crore small and marginal farmers, who had taken a crop loan up to Rs 1 lakh each and an additional Rs 5,630 crore to write-off NPAs of 7 lakh farmers of the state; by Yogi Adityanath in its first cabinet meeting has raised spate of such demands from other states that include Tami Nadu, Punjab & Maharashtra.
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Reserve Bank of India issued Guidelines based on the Basel III reforms on capital regulation on May 2, 2012, to the extent applicable to banks operating in India. The Basel III capital regulation has been implemented from April 1, 2013 in India in phases and it will be fully implemented as on March 31, 2019. Banks have to comply with the regulatory limits and minima as prescribed under Basel III capital regulati...
African Development Bank (AfDB), in its 52nd Annual Meetings held at Gandhi nagar near Ahmedabad in Gujarat from 22 to 26 May 2017 called for greater cooperation between the Bank and India to help drive Africa's transformation. Its agenda to "transform the Bank to transform Africa”, was built on its existing 2013-2022 strategy that outlined ...
SWAYAM or Study Webs of Active–Learning for Young Aspiring Minds programme of Ministry of Human Resource Development, Government of India, will get a boost with Arvind Subramanian, Chief Economic Advisor, Govt. of India; conducting at IIT-Delhi; a 40 hour course in the form of a ten-day lecture series scheduled between late May and early June 2017; to focus on major ‘Trends in I...
International Court of Justice (ICJ) has communicated to the Pakistani government on 9 May, 2017; an acceptance of provisional relief that India had requested in instituting proceedings against Pakistan at the ICJ requesting the ICJ, inter alia, to suspend the death sentence awarded to Kulbhushan Jadhav; to declare that the sentence of the Pakistani military court violated the provision...
Government of India has recently approved setting up an independent rail regulator that will be responsible for recommending passenger fares, setting performance standards for rail operations and creating level playing policy for private sector participation. Ministry of Railways had brought out a concept paper for public consultation on setting up of Rail Development Authority of India. Based on inputs received...
Pulses production in India amounts to about 25% of world's production and these are grown in 23.26 million ha area leading to an annual production of about 15 million tons. As there is ever increasing domestic demand for pulses and productivity being low and unstable, Ministry of Agriculture is intensifying extension efforts, coupled with policy and technological interventions to bring about muc...
India’s nuclear power sector gets a boost under the flagship “Make in India” projects, with Cabinet giving approval, on Wednesday 17 May 2017, for construction of 10 units of India’s indigenous Pressurized Heavy Water Reactors (PHWR) having total installed capacity of 7000 MW; with the commitment to prioritize use of clean power in India’s energy mix, as part of low-carbon growt...