Life Insurance Corporation of India (LIC)-owned IDBI Bank reduced its Marginal Cost of funds based Lending Rate (MCLR) by5-10 basis points to 8.95% across various tenors with immediate effect on June 12. Against one-year MCLR most of the ...

According to the 3rd End of Childhood Index Global Childhood Report 2019, India ranked 113 in 176 countries with 769 scores out of 1000.  The Index released on May 28, 2019, by 'Save the Children', a United Kingdom (13K) based non-profit organization which works for child ...

The Reserve Bank of India (RBI) has set up a high-level six-member committee under IBA Chief Executive V G Kannan. The committee will examine ATM charges and fees by banks amid demands for reviewing the levies. There have been persistent demands to change automated teller machines (ATM) charges ...

The Union Cabinet approved the two Medical Bills, Indian Medical Council (Amendment Bill), 2019, and the Homoeopathy Central Council (Amendment Bill), 2019. Both the bills had lapsed in the 16th Lok Sabha session.  The Bills are to be reintroduced ...

Shri Arjun Munda Tribal Affairs launched the “e-governance initiatives for ST Welfare schemes”  It is organized by the Ministry of Tribal Affairs. Smt. Renuka Singh Saruta, Minister of State for Tribal Affairs These e-governance initiatives serve their purpose of the ...

The Defence Research and Development Organisation (DRDO) conducted the maiden test of an indigenously developed Hypersonic Technology Demonstrator Vehicle (HSTDV) along with several technologies on 12 June.  The HSTDV missile was successfully launched ...

The Government of Japan planned to invest an amount of 205.784 billion Yenequal to Rs 13000 crores to complete new projects in different states of India's North- Eastern region.  This decision is disclosed after a meeting held with Minister Jitendra Singh with Japanese delegation led by ...

GST Council decided to introduce a new GST return system to facilitate taxpayers. The new plan is worked out to ease the transition to the new return system.  A prototype of the offline tool has already been shared on the common portal to give the look and feel of the tool to the users. ...

The Cabinet Committee on Security headed by Prime Minister Narendra Modihas approved the setting up of Defence Space Research Agency (DSRO), a new agency, which will develop sophisticated weapon systems. The approval aimed to To enhance the capabilities ...

The Nitish Kumar-led Bihar Cabinet on Tuesday gave a green signal to a proposal seeking provisions to punish wards of elderly parents who could face jail time over charges of abandonment. The proposal that was seeking provision to punish "sons and daughters" for not looking after their parents ...

Mela Kheer Bhawani festival was celebrated in Jammu & Kashmir on Zeasht Ashtami. In 2019, the day fell on June 10. The devotees prayed at the famous Ragnya Devi temple in Ganderbal district, J&K. Zyestha Ashtami is celebrated by Kashmiri Pandits across the country and outside as the day ...

The Reserve Bank of India is to infuse Rs.15,000 crore into the financial system through bond purchases on June 13.Why the infusion: RBI made the decision after assessing of prevailing liquidity conditions and also of the durable liquidity needs ...