Telangana to have separate High Court from 1st January 2019

Separate High Courts will start functioning for the states of Telangana and Andhra Pradesh from 1st January 2019. The High Court for Telangana is the 25th High Court in the country. Telangana was carved out of Andra Pradesh in 2014 and the two states continued to have a common high court in Hyderabad. Separate High ..

Month: Current Affairs - January, 2019

Topics: Amaravati • High Court for Andhra Pradesh • High Court for Telangana • Hyderabad • Justice TBN Radhakrishnan • Telangana

India's core sector growth drops to a 16-month low in November

The data from the Ministry of Commerce and Industries has shown that the growth in the eight core sectors of the economy fell to a 16-month low of 3.5 per cent in November. The eight core sectors are coal, crude oil, natural gas, refinery products, fertilizer, steel, cement and electricity. Growth of Core Sectors The ..

Month: Current Affairs - January, 2019

Topics: Cement • Coal • Core sector • crude oil • Electricity • Fertilizer • Natural Gas • refinery products • Steel

RBI releases Fiscal Stability Report

The bi-annual Fiscal Stability Report discussing issues relating to the development and regulation of the financial sector has been released by the RBI. The Fiscal Stability Report reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to the financial stability of the country, as also the resilience ..

Month: Current Affairs - January, 2019

Topics: Fiscal Stability Report • RBI

Bangladesh Elections: PM's Awami League registers landslide victory

The ruling coalition led by Bangladesh Prime Minister Sheikh Hasina of Awami League has registered a landslide victory in Parliamentary elections. The ruling coalition led by Sheikh Hasina’s Awami League party won 288 out of 300 seats which are about 96 per cent of the seats. JatiyoShangsad Bangladesh has a unicameral legislature. The legislature is ..

Month: Current Affairs - January, 2019

Topics: António Guterres • Awami League • Bangladesh • House of the Nation • JatiyoShangsad • Sheikh Hasina • United Nations

Loan subsidy for middle-income group under PMAY extended till March 2020

The Minister for Housing and Urban Affairs Hardeep Singh Puri has said that the loan subsidy for the middle-income group under Pradhan Mantri Awas Yojana, (PMAY) has been extended till 31st March 2020. The Minister said that more than Rs 6900 cr interest subsidy on housing loans has been disbursed to over 3.14 lakh beneficiaries of ..

Month: Current Affairs - January, 2019

Topics: Credit Linked Subsidy Scheme • Middle income group • PMAY • PMAY- Urban • Pradhan Mantri Awas Yojana