B C Khanduri panel recommends 100% pension to widow of deceased soldier

The Parliamentary Panel headed by Maj. General (Retired) B C Khanduri has recently tabled its report in Parliament. In the report, the panel has recommended the 100% pension to widow of deceased soldier so that she can take care of ..

India signs $329 million of loan pact with AIIB for Gujarat road project

India has recently signed a $329 million loan agreement with Asian Infrastructure Investment Bank (AIIB) for Gujarat Rural Roads Project. The objective of the project is to improve the rural road connectivity and accessibility to more than one thousand villages ..

Dhirendra Swarup appointed as new chairman of Bombay Stock Exchange (BSE)

Dhirendra Swarup, who was a public interest director at the BSE, has been appointed as the new chairman of the Bombay Stock Exchange (BSE). He succeeded Sudhakar Rao. Swarup is a former Chairman of Pension Funds Regulatory and Development Authority ..

Reserve Bank of India (RBI)’s 3rd bi-monthly monetary policy statement for year 2016-17

According to the Reserve Bank of India (RBI)’s 3rd bi-monthly monetary policy statement for year 2016-17, the policy repo rate under the Liquidity Adjustment Facility (LAF) has reduced by 25 basis points from 6.25% to 6.0% with immediate effect. This ..

N K Singh panel submits report on changes in FRBM Act  

The Fiscal Responsibility and Budget Management (FRBM) Committee has submitted its 4 volume report on changes in FRBM Act, 2013 to the Union Finance Minister Arun Jaitley. The 5 member committee was headed by N.K. Singh, former Revenue and Expenditure ..

Month: Current Affairs - January, 2017

Govt to launch Lucky Grahak Yojana, Digi-Dhan Vyapar Yojana

The government will launch Lucky Grahak Yojana for Consumers and Digi-Dhan Vyapar Yojana for Merchants to encourage people to move towards digital transactions by offering incentives. The government wants both consumers and merchants to shift to digital payment methods. Under ..