Inflation Target Of 4%:RBI: The Government of India has decided to retain the inflation target of 4%, with a tolerance band of +/- 2 percentage points for the Monetary Policy Committee of the Reserve Bank of India (RBI) for the coming five years. Earlier, the RBI in its Currency and Finance (RCF) report for the […]
Category: Current Affairs
Overseas Citizens Of India (OCI)
Overseas Citizens Of India (OCI): People of Indian origin and the Indian diaspora having Overseas Citizens of India (OCI) cards will not have to carry their old, expired passports for travel to India, as was required earlier, according to a government notification. OCI cardholders: The government of India launched the ‘Overseas Citizenship of India […]
Pradhan Mantri Awaas Yojana-Gramin
Pradhan Mantri Awaas Yojana-Gramin: Due to the adverse impact of Covid-19, only 5.4% of the sanctioned houses under the central government’s flagship rural housing scheme, Pradhan Mantri Awaas Yojana-Gramin, have reached completion for the year 2020-2021. Pradhan Mantri Awaas Yojana- Gramin (PMAY-G): Launch: To achieve the objective of “Housing for All” by 2022, the erstwhile […]
Asteroid Apophis
Asteroid Apophis: The National Aeronautics and Space Administration (NASA) has ruled out the possibility of the dreaded asteroid Apophis causing any damage to the Earth for the next 100 years. Apophis is a near-Earth asteroid with a relatively large size (about 335 meters wide). Named after the ancient Egyptian god of chaos and darkness, it […]
New Development Bank (NDB)
New Development Bank (NDB): Finance and Corporate Affairs Minister Nirmala Sitharaman has urged the New Development Bank (NDB) to consider working closely with India’s new development financing institution for funding infrastructure. NDB has so far approved 18 projects in India, including emergency loans of $2 billion to support health spending and economic recovery in the […]
2020 Human Rights Report
2020 Human Rights Report: Released by the U.S. State Department. The report, which is submitted each year to the U.S. Congress, is retrospective and contains a country-wise discussion of the state of human rights. Key findings: The harassment and detention of journalists critical of the Indian government in their reporting and on social media, has […]
World Immunisation And Logistics Summit
World Immunisation And Logistics Summit: Dr. Harsh Vardhan, Union Minister for Health and Family Welfare digitally participated in a panel discussion on vaccine production and distribution across Asia at the “World Immunisation and Logistics Summit”. The HOPE Consortium’s World Immunisation & Logistics Summit opened on March 30, 2021 to enhance collaboration in the world’s approach […]
Investment Opportunities In India’s Healthcare Sector: NITI Aayog
‘Investment Opportunities In India’s Healthcare Sector: NITI Aayog Releases: The report outlines the range of investment opportunities in various segments of India’s healthcare sector, including hospitals, medical devices and equipment, health insurance, telemedicine, home healthcare, and medical value travel. India’s healthcare industry has been growing at a Compound Annual Growth Rate of around 22% since […]
Exercise Vajra Prahar 2021
Exercise VAJRA PRAHAR: Special Forces of India and the USA conducted the joint military exercise ‘VAJRA PRAHAR 2021’ in Himachal Pradesh. Earlier, India and the USA navy had carried out a two-day Passage Exercise (PASSEX) in the eastern Indian Ocean Region. The joint exercise by the Special Forces of both the countries is conducted alternatively […]
Supreme Court on National Company Law Appellate Tribunal (NCLAT)
Tata Group’s Decision To Remove Cyrus Pallonji Mistry As The Executive Chairman And Director Of Tata Sons: The Supreme Court overturned the National Company Law Appellate Tribunal (NCLAT) decision and upheld Tata Group’s decision to remove Cyrus Pallonji Mistry as the Executive Chairman and Director of Tata Sons. Supreme Court Observations: Minority shareholders or their […]
