June 24, 2020 -

GoI brings all cooperative banks under supervision of RBI

June 24, 2020

Government of India will bring an ordinance to put all cooperative banks under the Reserve Bank of India supervision. This decision was announced by Union information and broadcasting minister Prakash Javadekar. Boost your Banking Awareness Knowledge with Adda247 Live Batch: WARRIOR 2.0 | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams Now 1,482 urban cooperative …

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IIT-Bombay develops Indian receiver chip “Dhruva”

June 24, 2020

IIT-Bombay has created Indian beneficiary chip “Dhruva”. This chip can be utilized in cell phones and route gadgets to discover locations and route inside the nation. Dhruva will get signals from India’s NAVIC group of navigation satellites just as the US Global Positioning System-based satellites to decide these precisely under every single climate condition. The …

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India to give USD 10 million to UNRWA for Palestine Refugees

June 24, 2020

India has pledged to contribute USD 10 million to the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA). The amount would be contributed over the coming two years. The contribution of USD 10 million would be an additional amount over and above USD 5 million contribution announced for year …

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GeM mandates “Information about Country of Origin” for sellers

June 24, 2020

“Information about Country of Origin” has been mandated for the sellers by the Government e-Marketplace (GeM), a Special Purpose Vehicle under the Ministry of Commerce and Industry. The sellers have been advised to mention “Information about Country of Origin” while registering all new products on GeM. While those sellers, who had already registered their products …

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Union HRD Minister virtually launches ‘YUKTI 2.0’ platform

June 24, 2020

“YUKTI 2.0” platform has been virtually launched by the Union Minister of Human Resource Development, Ramesh Pokhriyal ‘Nishank’. The platform will help in systematically adopting the technologies having commercial potential and information related to incubated startups in our higher education institutions. The Young India combating COVID with Knowledge, Technology and Innovation (YUKTI) platform seeks to cover …

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Union FPI Minister launches “Exclusive Investment Forum”

June 24, 2020

The Food Processing Edition of the “Exclusive Investment Forum” has been launched by the Union Food Processing Industries Minister Harsimrat Kaur Badal. It has been designed by the Invest India, the National Investment Promotion & Facilitation Agency of the Government of India. Investment Facilitation Cell of Ministry of Food Processing Industries (MoFPI) was also established …

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Moody’s forecasts India’s GDP to shrink 3.1% in 2020

June 24, 2020

Moody’s Investors Service has released its June update to Global Macro Outlook (2020-21). In its latest release, the rating agency projected the Indian economy to shrink 3.1% in the fiscal year 2020, citing the extent of coronavirus-related disruption. It also forecasts Indian economy to register 6.9% growth in fiscal year 2021. Boost your General Awareness …

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Karnataka Bank rolls out KBL Micro Mitra for Micro entrepreneurs

June 24, 2020

The Karnataka Bank has rolled out a new product titled “KBL Micro Mitra” for the Micro entrepreneurs. Under the newly launched product, the Micro manufacturing and service enterprises will be offered a financial assistance of up to Rs 10 lakhs. This financial assistance would be provided either for working capital or for investment purposes. The …

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T. Rabi Sankar becomes new Chairman of IFTAS

June 24, 2020

Indian Financial Technology & Allied Services (IFTAS) has announced the appointments of T Rabi Sankar as the Chairman of the organization. IFTAS is a wholly-owned subsidiary of Reserve Bank of India. Boost your Banking Awareness Knowledge with Adda247 Live Batch: TARGET GA BATCH | Banking Awareness Batch for SBI, RRB, RBI and IBPS Exams T Rabi Sankar, …

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Former MP & veteran journalist Vishwa Bandhu Gupta passes away

June 24, 2020

Former member of parliament (MP) and veteran journalist Vishwa Bandhu Gupta passed away. He was associated with the Congress party during the 1980s and served as a Member of Parliament from Delhi between April 1984 to 1990, in the Rajya Sabha. Boost your Banking Awareness Knowledge with Adda247 Live Batch: WARRIOR 2.0 | Banking Awareness Batch …

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Daily Archives: June 24, 2020

GoI brings all cooperative banks under supervision of RBI

IIT-Bombay develops Indian receiver chip “Dhruva”

India to give USD 10 million to UNRWA for Palestine Refugees

GeM mandates “Information about Country of Origin” for sellers

Union HRD Minister virtually launches ‘YUKTI 2.0’ platform

Union FPI Minister launches “Exclusive Investment Forum”

Moody’s forecasts India’s GDP to shrink 3.1% in 2020

Karnataka Bank rolls out KBL Micro Mitra for Micro entrepreneurs

T. Rabi Sankar becomes new Chairman of IFTAS

Former MP & veteran journalist Vishwa Bandhu Gupta passes away

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