The RBI gave relief to borrowers as it directed banks not to levy any penalty on individual borrowers for pre-payment of floating loans. The central bank has barred...
As per the announcement made by Chief of the Naval Staff Admiral Robin Kumar Dhowan, the newly inducted aircraft carrier, INS Vikramaditya, is now operationally deployed and its...
The Prime Minister of Thailand, Yingluck Shinawatra and several cabinet ministers have been ordered to resign by the Constitutional Court of the country. The court ordered that Ms Yingluck...
The constitutional validity of Right to Education Act (RTE Act) has been upheld by the Supreme Court. RTE Act mandates that 25% seats in all schools be reserved for...
As per a report by the Associated Chambers of Commerce and Industry of India (ASSOCHAM), the 5% deficiency in rains due to possible El Nino factor in this...
The Supreme court has ordered maintenance of status quo on India’s first aircraft carrier INS Vikrant, which is on the brink of being converted into scrap. The court has...
As per the guidelines issued by the RBI, minors above 10 years of age have been allowed to open and operate independently savings bank account and use other...
The RBI has asked banks not to impose penalties on customers who don’t maintain a minimum balance in any dormant account as part of a consumer protection initiative. A...
Surging Non-Performing Assets (NPAs) have rendered public sector banks such as State of India (SBI), Punjab National Bank (PNB) and Canara Bank unfit to take deposits from non-government...
As per the Supreme Court, the legal provision which makes approval of competent authority mandatory for CBI to investigate a corruption case against an officer of joint secretary-rank...
