14 states penalized under NHM

Under National Health Mission (NHM) at least 14 states were penalized for not performing in various health parameters. The Ministry of Health and Family Welfare runs the scheme in terms of “result based funding”. The penalized states will lose funds ..

Month: Current Affairs - October, 2019

Government gets Rs 1.76 lakh crore surplus transfer from the RBI

The Indian Government has received a massive boost from the RBI as the RBI has agreed to transfer over Rs. 1.76 lakh crores.? What has happened? The Bimal Jalan committee had recommended the transfer of the surplus funds held by ..

Equity Exchange-Traded Funds

Equity Exchange Traded Funds (ETFs) are simple investment products that combine the flexibility of stock investment and the simplicity of equity mutual funds. ETFs trade on the cash market of the National Stock Exchange, like any other company stock, and ..

Cockroach Theory in Finance

Cockroach Theory in Finance refers to the observation that companies that report unexpected bad news to their investors may report even more negative news in the future. It is generally used to warn investors about the likelihood of bigger problems ..

Long Term Irrigation Fund (LTIF)

To address the problems associated with perennial irrigation water crisis in rural India, Ministry of Water Resources, River Development and Ganga Rejuvenation has signed an agreement with NABARD to operationalise the Long Term Irrigation Fund (LTIF). LTIF has instituted in ..

First Investment via QFI Route worth $ 5m

India received its first investment via the QFI (Qualified Framework Investor) route, thus ending speculations that the India’s efforts to get investors to buy shares directly will be on the fritz. Kotak Mahindra Bank struck a deal worth $5 million, ..

Month: Current Affairs - July, 2012