Daily Archive: Sunday, June 11, 2017

11 Jun 2017

NITI Aayog launches SATH Program with the State Governments

NITI Aayog has launched SATH-‘Sustainable Action for Transforming Human capital’ with the State Governments for furthering the agenda of cooperative federalism. NITI Aayog under the SATH initiative plans to identify and build three future ‘role model’ states for health
11 Jun 2017

SEBI Clears Vikram Limaye for the post of NSE Chief

SEBI has granted conditional approval for the appointment of Vikram Limaye as the MD and CEO of the NSE. In February 2017, Limaye who is MD and CEO of infrastructure financing company IDFC was selected for the post of
11 Jun 2017

India’s Forex Reserves reach Life Time High of $381.167 billion

According to RBI, India’s foreign exchange (Forex) reserves have increased by $2.404 billion to touch a lifetime high of $381.167 billion in the week that ended on June 2. The increase was due to increase in foreign currency assets (FCAs). Components
11 Jun 2017

India moves World Trade Organisation against United States

India has moved the World Trade Organisation (WTO) against the US as it has not yet complied with the rulings of the WTO pertaining to imposition of high import duty on certain Indian steel products. In December 2014,
11 Jun 2017

India, UNOSSC launch partnership fund to promote SDGs

India and the United Nations Office for South-South Cooperation (UNOSSC) on 8 June 2017 launched a partnership fund to support the Sustainable Development Goals (SDGs) across the developing world. The fund was launched on the occasion of
11 Jun 2017

SBI cuts interest rate on home loans above Rs 75 lakh by 10 bps

Soon after the RBI announced in its credit policy a cut in the statutory liquidity ratio (SLR) by 50 bps and reduced the risk weightage on home loans above Rs 75 lakh to 50% from 75% earlier,
11 Jun 2017

IOC has approved new events for 2020 Tokyo Games

The International Olympic Committee (IOC) yesterday approved new events for the 2020 Tokyo Games, including a number of mixed-gender competitions. The IOC’s Executive Board made the decision at a meeting in Lausanne, Switzerland on Friday.”The fascinating new
11 Jun 2017

RBI Governor to appear before House panel on July 6

RBI Governor Urjit Patel will appear before a house panel on July 6 during which he is expected to be questioned about total deposits made in banks post government’s demonetisation move. This is the fourth time Patel
11 Jun 2017

First Indian Railways HR Round Table Conference Inaugurated

Minister of Railways Shri Suresh Prabhakar Prabhu inaugurated Indian Railways’ 1st HR Round Table Conference here today. Chairman, Railway Board, Shri A. K. Mital, Member Staff Shri Pradeep Kumar, other Railway Board Members and senior officials were
11 Jun 2017

Govt sets up 18 sectoral groups for smooth GST rollout

The Goods and Services Tax (GST) Council has constituted 18 sectoral groups like telecom, textiles, gems and jewellery, e-commerce and mining, constituting officers both from the Centre and states to address sector-specific issues and assist in smooth
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