Centre Hikes MSP on Jute: The Centre has made a significant decision to increase the Minimum Support Price (MSP) for raw jute by Rs 315, setting it at Rs 5,650 per quintal for the 2025-26 marketing season. This move, approved by the Union Cabinet, aims to provide farmers with a return of 66.8 per cent […]
Tag: 23rd Jan 2025
Mizoram has become the first Northeast state to distribute property cards under the SVAMITVA scheme
Mizoram has become the first Northeast state to distribute property cards under the SVAMITVA scheme: Mizoram has become the first state in Northeast India to distribute property cards under the Survey of Villages Abadi and Mapping with Improvised Technology in Village Areas (SVAMITVA) scheme. On January 18, 2025, Governor Gen (Dr) VK Singh virtually participated […]
RBI’s Strategic Liquidity Infusion to Stabilize Money Markets
RBI’s Strategic Liquidity Infusion to Stabilize Money Markets: The Reserve Bank of India (RBI) has conducted a series of Variable Rate Repo (VRR) auctions, infusing a substantial ₹76,000 crore into the financial ecosystem. This initiative aims to alleviate the liquidity deficit and stabilize short-term interest rates, particularly the call money rates, which had been trading […]
RBI Tightens Guidelines for ARCs in Borrower Settlements
RBI Tightens Guidelines for ARCs in Borrower Settlements: The Reserve Bank of India (RBI) has introduced stricter guidelines for Asset Reconstruction Companies (ARCs) to enhance transparency and accountability in borrower settlements. These revisions aim to standardize procedures and align them with practices of banks and non-banking financial companies (NBFCs).ARCs are now mandated to establish board-approved […]
India to Host FIDE Chess World Cup 2025
India to Host FIDE Chess World Cup 2025: India is set to host the prestigious FIDE Chess World Cup 2025, marking a significant milestone for the country as it takes on the role of the host for its first major international chess tournament since the 2022 Chennai Chess Olympiad. This announcement is poised to further […]
Neeraj Parakh Appointed as CEO and Executive Director of Reliance Power
Neeraj Parakh Appointed as CEO and Executive Director of Reliance Power: Reliance Power Limited has appointed Neeraj Parakh as its Executive Director and Chief Executive Officer (CEO), effective January 20, 2025, for a tenure of three years, subject to shareholder approval.Parakh brings over 29 years of professional experience, with more than 20 years dedicated to […]
Justice Alok Aradhe Appointed as Chief Justice of Bombay High Court
Justice Alok Aradhe Appointed as Chief Justice of Bombay High Court: The central government has issued a notification confirming the appointments of Justice Alok Aradhe as the Chief Justice of the Bombay High Court and Justice Devendra Kumar Upadhyaya as the Chief Justice of the Delhi High Court. These transfers aim to strengthen judicial leadership […]
Chhattisgarh CM Bhupesh Baghel has launched a scheme providing Rs 10,000 annual aid to 7.5 lakh landless agricultural labourers
Chhattisgarh CM Bhupesh Baghel has launched a scheme providing Rs 10,000 annual aid to 7.5 lakh landless agricultural labourers: Chhattisgarh Chief Minister Vishnu Dev Sai has launched a scheme to provide Rs 10,000 annually to landless labourers in the state, continuing his commitment to support vulnerable sections. This initiative is part of a larger series […]
