Bill Gates steps down from the boards of Microsoft and Berkshire Hathaway

The co-founder of Microsoft and the world’s second richest person Bill Gates has stepped down from the boards of Microsoft and Berkshire Hathaway. Bill Gates recently announced that he steps down from the public boards to focus on the philanthropic ..

GST rates increased for mobile phones

The Goods and Services Tax Council chaired by the Union Finance Minister announced that it has decided to increase GST rates on mobile phones to 18 per cent from 12 per cent with effect from 1st of April. The Council ..

Dana Zatopkova passes away

The 1952 javelin champion of Helsinki Olympics, Dana Zatopkova recently passed away at the age of 97. She belonged to and represented Czech Republic. Her husband Emil Zatopek is also a four-time Olympic running champion. Zatopkova also won the Olympic ..

Saurashtra cricket team wins maiden Ranji trophy

The Saurashtra cricket team led by an inspiring skipper Jaydev Unadkat recently won the maiden Ranji trophy of the team. At the final clash on the fifth and final day at the Saurashtra Cricket Association Stadium, Rajkot, the team stopped ..

Ambedkar House Memorial in UK to remain open for visitors

India has appealed against the closure of Ambedkar House memorial to the United Kingdom government. Recently the UK accepted the proposal and announced that the memorial in in north London will remain open to visitors. Earlier, the memorial faced closure ..

‘BhoomiRashi’ Portal accelerates land acquisition process for National Highways

The ‘BhoomiRashi’ Portal is a land acquisition portal launched in March 2018 by the Ministry of the Road Transport and Highways. The Ministry had recently announced that the portal has significantly accelerated the process of land acquisition for National Highways, ..

All States & UTs advised to invoke section 2 of Epidemic Disease Act 1897

All the states and union territories of India are advised by the government to invoke the provisions of Section 2 of the Epidemic Disease Act 1897. This Section empowers state governments/UTs to take special measures and formulate regulations to control ..

Union Cabinet approves Yes Bank reconstruction plan

The Union Cabinet approved a reconstruction plan proposed by the RBI for providing financial assistance to the Yes Bank. Union Finance Minister announced that the authorised capital of Yes Bank has been increased to Rs 6,200 crore. Under the plan, SBI will infuse Rs 7,250 crore in the Yes bank and take 49 per cent ..

RBI issues regulatory guidelines for implementation of Ind AS

The Reserve Bank on Friday issued regulatory guidelines for implementation of Indian Accounting Standards (Ind AS) by Non-banking financial companies (NBFCs) and Asset reconstruction companies (ARCs) when they prepare their financial results from FY20. Indian Accounting Standards is the Accounting standard adopted by ..

Government declares face masks and hand sanitizers as essential commodities

Union Consumer Affairs Ministry announced that the government has declared face masks and hand sanitizers as essential commodities up to June 30, 2020, by amending the schedule of the Essential Commodities Act 1955. This decision will enable the government and ..