Page-4 of IBPS

Highlights of the Railway Budget 2016-17

Union Railway Minister Suresh Prabhu on 25 February 2016 presented the Railway Budget 2016-17 in the Parliament. This was the the second railway budget for Suresh Prabhu and third rail budget of the Prime Minister Narendra Modi-led NDA government. Below ..

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16th edition of the International Indian Film Academy (IIFA)

16th edition of the International Indian Film Academy (IIFA) informally known as the “Bollywood Oscars,” was held in Malaysia. The award ceremony was held in Putra Indoor Stadium Kuala Lumpur, Malaysia. The 2015 IIFA Awards honoured the best films of ..

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PM Narendra Modi launches MUDRA Bank to provide credit to small entrepreneurs

Prime Minister Narendra Modi on 8 April 2015 launched Micro Units Development Re-finance Agency (MUDRA) Bank in New Delhi. MUDRA Bank will act as a regulator for ‘Micro-Finance Institutions’ (MFIs) involved in manufacturing, trading and service activities to promote their ..

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Union Government appoints 9 Executive Directors in Public Sector Banks

Union Government has appointed 9 Executive Directors (EDs) in Public Sector Banks (PSBs). Their appointment was approved by Appointments Committee of the Cabinet on recommendation of selection panel headed by the Reserve Bank of India (RBI) Governor Raghuram Rajan. Following ..

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Union Government and RBI sign agreement to keep inflation below 6%

Union Government and the Reserve Bank of India (RBI) have signed an agreement on Monetary Policy Framework in order to move towards the RBI Governor Raghuram Rajan’s view of inflation targeting. Presently, Union Government and RBI give inflation estimates and ..

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Highlights from Railway Budget 2015-16

Union Railway Minister Suresh Prabhu on 26 February 2015 presented the Railway Budget 2015-16 in the Parliament. Below are the highlights of this Budget: Railway Fares No new hike in passenger fares While, the Freight fares have been raised incase ..

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