December 4, 2021 -

ADB approves $500-million loan to improve quality of school education

December 4, 2021

The Asian Development Bank (ADB) has approved a $500 million loan to the Government of India to help improve the quality of the country’s school education and mitigate the impact of the Covid-19) pandemic on students’ learning. The loan supports the Integrated Scheme for School Education (Samagra Shiksha) and the new Exemplar School Initiative of …

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Federal Bank launches an exclusive feature-rich scheme for women

December 4, 2021

Private sector lender, Federal Bank has launched a feature-rich savings bank product for women. The savings scheme is called Mahila Mitra Plus and provides a curated set of features, designed to make financial planning and investments easy for women. The special features include exclusive preferential interest rates on housing loans, processing fee waiver for home …

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Earth Station of Doordarshan Kendra inaugurated in Gorakhpur

December 4, 2021

Union Minister of Information and Broadcasting Anurag Singh Thakur and Uttar Pradesh Chief Minister Yogi Adityanath inaugurated Earth Station of Doordarshan Kendra at Gorakhpur. Three FM stations of All India Radio were also inaugurated virtually on the occasion. This will be the second earth station of Doordarshan in Uttar Pradesh and it is being built …

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India will have nine nuclear reactors by 2024

December 4, 2021

The nation will have nine nuclear reactors by 2024 and a new nuclear project, the first in northern India, will come up 150 kms away from Delhi in Gorakhpur of Haryana, the government informed the Rajya Sabha. By 2024, India will have nine nuclear reactors plus 12 new additional ones which were approved during the …

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International Day of Banks: 04 December

December 4, 2021

International Day of Banks is celebrated on December 4 to recognise the importance of multilateral and international development banks in financing sustainable developments. United Nations also observes the day in recognition of the vital role of banking systems in Member State in contributing to the improvement of the standard of living. Buy Prime Test Series …

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Ratan Tata to get Assam’s highest civilian award

December 4, 2021

On the occasion of Assam Divas, the state government of Assam has decided to accolade renowned industrialist Ratan Tata with the ‘Asom Bhaibav’ award, the highest civilian state award for his contribution to cancer care in the state. The awards that precede it are Asom Saurav, followed by Asom Gaurav. With healthcare as one of …

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Pradip Shah appointed as Chairman of National Asset Reconstruction Company

December 4, 2021

Pradip Shah, the founder of IndAsia Fund Advisors, has been appointed chairman of the National Asset Reconstruction Company (NARCL). Shah, an MBA from Harvard and chartered accountant, is credited for establishing India’s first and largest housing finance company, HDFC, and rating firm Crisil. Buy Prime Test Series for all Banking, SSC, Insurance & other exams …

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SBI listed USD 650-million Green Bonds on India INX and LuxSE

December 4, 2021

State Bank of India (SBI) listed its USD 650-million green bonds simultaneously on the India International Exchange (India INX) and the Luxembourg Stock Exchange (LuxSE). This dual listing is in line with 2021’s topic of the World Investor Week (WIW), ‘sustainable finance’, as indicated by the regulatory body International Financial Services Centres Authority (IFSCA). India …

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OECD projected India growth forecast to 9.4% for FY22

December 4, 2021

Paris-based Organisation for Economic Co-operation and Development (OECD) decreased India’s growth forecast to 9.4% for FY22 from 9.7% estimated in September 2021. It has projected the Indian economy to grow at 8.1% in FY23, and moderate to 5% in FY24. OECD lowered the global growth forecast for 2021 to 5.6% from 5.7% earlier. Buy Prime …

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World Cooperative Monitor report 2021: IFFCO ranks first

December 4, 2021

The Indian Farmers Fertiliser Cooperative Limited (IFFCO) has been ranked ‘number one Cooperative’ among the top 300 cooperatives in the world. The ranking is based on the ratio of turnover over the gross domestic product (GDP) per capita. It signifies that IFFCO is contributing significantly to the GDP and economic growth of the nation. The …

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Daily Archives: December 4, 2021

ADB approves $500-million loan to improve quality of school education

Federal Bank launches an exclusive feature-rich scheme for women

Earth Station of Doordarshan Kendra inaugurated in Gorakhpur

India will have nine nuclear reactors by 2024

International Day of Banks: 04 December

Ratan Tata to get Assam’s highest civilian award

Pradip Shah appointed as Chairman of National Asset Reconstruction Company

SBI listed USD 650-million Green Bonds on India INX and LuxSE

OECD projected India growth forecast to 9.4% for FY22

World Cooperative Monitor report 2021: IFFCO ranks first

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