IDBI Bank Ltd: The Cabinet Committee on Economic Affairs has given its in-principle approval for strategic disinvestment along with transfer of management control in IDBI Bank Ltd. The extent of respective shareholding to be divested by GoI and LIC shall be decided at the time of structuring of the transaction in consultation with RBI. The […]
Category: Current Affairs
UCO (Used Cooking Oil) Based Biodiesel
UCO (Used Cooking Oil) Based Biodiesel: Union Minister of Petroleum & Natural Gas flagged off the first supply of UCO (Used Cooking Oil) based Biodiesel blended Diesel under the EOI Scheme from Indian Oil’s Tikrikalan Terminal, Delhi. To create an eco-system for the collection and conversion of UCO into Biodiesel, the Minister of Petroleum and […]
The Common Yoga Protocol (CYP)
The Common Yoga Protocol (CYP): The Common Yoga Protocol (CYP) lies at the heart of the International Day of Yoga (IDY) 2021 observation. The Common Yoga Protocol (CYP) is a specified sequence of Yogasanas of 45 minutes duration. It was developed by some of the most accomplished yoga gurus of India in 2015. It was […]
Pradhan Mantri Mudra Yojana
Pradhan Mantri Mudra Yojana: More than 28.68 crore loans for an amount of Rs. 14.96 lakh crore has been sanctioned by banks, NBFCs, and MFIs since the launch of Pradhan Mantri Mudra Yojana (PMMY). About Pradhan Mantri Mudra Yojana (PMMY): It was launched by the government in 2015 for providing loans up to Rs. 10 […]
What is Purchasing Managers Index?
Purchasing Managers Index: The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) was at 55.5 in April 2021, little changed from March’s reading of 55.4. It is a survey-based measure that asks the respondents about changes in their perception of key business variables as compared with the previous month. The purpose of the […]
Asiatic Lions Tested Positive for Coronavirus
Asiatic lions: Recently, eight Asiatic lions at Hyderabad’s Nehru Zoological Park have tested positive for the deadly coronavirus. It is the first known case of the human infecting the felines and making them sick in India. Earlier in 2020, Tiger being infected with Covid-19 was reported in New York (Bronx Zoo). The Asiatic Lion (also […]
SVAMITVA Scheme
SVAMITVA Scheme: Union Minister for Panchayati Raj Shri Narendra Singh Tomar released the new framework for implementation of the SVAMITVA Scheme to mark the nationwide roll-out of the SVAMITVA Scheme. The SVAMITVA Framework is developed by the Ministry of Panchayati Raj. It provides a detailed roadmap and guidelines for the various States in terms of […]
5G Technology : Trial Use in India
5G Technology: The Department of Telecommunications (DoT), Government of India approved permissions to Telecom Service Providers (TSPs) for conducting trials for use and applications of 5G technology. The applicant TSPs include Bharti Airtel Ltd., Reliance JioInfocomm Ltd., Vodafone Idea Ltd., and MTNL. The duration of the trials, at present, is for a period of 6 […]
India and United Kingdom Virtual Summit : Key Points
India and United Kingdom Virtual Summit An ambitious ‘Roadmap 2030’ was adopted at the Summit to elevate bilateral ties to a ‘Comprehensive Strategic Partnership’. The Roadmap will pave the way for a deeper and stronger engagement over the next ten years in the key areas of people-to-people contacts, trade and economy, defense and security, climate […]
United Nations High Commissioner For Refugees (UNHCR)
United Nations High Commissioner For Refugees (UNHCR): The High Court of Manipur has ordered safe passage to seven Myanmar nationals, stranded at a border town in Manipur, to travel to the United Nations High Commissioner for Refugees (UNHCR) in New Delhi. The seven nationals entered India secretly after the military coup in Myanmar. The coup […]