Daily Archive: Monday, February 20, 2017

20 Feb 2017

India sanctions soft loan USD 340 million to Nepal for various programmes

India has sanctioned a soft loan of 340 million US dollar to Nepal for various infrastructure development programmes. Indian Ambassador to Nepal Ranjit Rae handed over the approval papers to Physical Infrastructure and Transport Minister of Nepal
20 Feb 2017

Fabindia removes ‘Khadi’ brand name from its products

The battle for khadi’ is set to intensify with the Khadi and Village Industries Commission (KVIC) considering legal action against Fabindia after getting the garment and home products firm to withdraw goods that were allegedly violating the
20 Feb 2017

ICAI’s Accounting Research Foundation signs pact with Railways

After a long wait, the decks have been cleared for the national rollout of accrual accounting in Railways. The CA Institute’s Accounting Research Foundation (ARF) has signed an agreement with Railways for this purpose. The agreement signed
20 Feb 2017

On 75th Foundation Day, Oriental Bank launches mobile wallet Batuaa

On the occasion of its 75th Foundation Day, Oriental Bank of Commerce (OBC) has come up with several digital offerings including launch of mobile wallet Oriental Batuaa. Besides introducing a new version of mobile banking, OBC has
20 Feb 2017

First foreign airline AirAsia lands at Srinagar airport

AirAsia became the first foreign airline ever to start its operations from Srinagar international airport in Jammu and Kashmir. Chief Minister Mehbooba Mufti waved the flag to clear the landing for the AirAsia flight at Srinagar airport
20 Feb 2017

Bihar, a dry state: Officials Can’t Drink Anywhere In The World

After making Bihar a dry state in keeping with his 2015 Assembly election promise, Chief Minister Nitish Kumar has taken his policy to a whole new level. The minister has made a new rule, according to which,
20 Feb 2017

Ranganathan, Mehta appointed Non-Official Director in IOB, PNB

Former CMD of Exim Bank TCA Ranganathan has been appointed as Chairman of Indian Overseas Bank, Sunil Mehta has been appointed as non-executive chairman of Punjab National Bank. Ranganathan and Mehta both have been appointed for a
20 Feb 2017

Barren Island volcano, India’s only live volcano, became active again

India’s only live volcano which had started showing activity in 1991 after lying dormant for over 150 years has again started spewing ash, the researchers at Goa-based National Institute of Oceanography (NIO) have said.“The only live volcano
20 Feb 2017

NASA to create Space Technology Research Institutes for Deep Space Exploration

In order to focus on deep space exploration missions, the National Aeronautics and Space Administration (NASA) has proposed to set up of two multi-disciplinary, university-led research institutes that will work to develop technologies having potential to extend
20 Feb 2017

Nagaland: Chief Minister TR Zeliang resigned on 19 February 2017

Nagaland Chief Minister TR Zeliang resigned as Chief Minister of the state on 19 February 2017. He resigned in the backdrop of widespread protests in the state, which was triggered due to government’s decision to reserve 33
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