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Daily Archives: March 16, 2022

March 16, 2022 -_3.1

CGSSD extended upto March, 31st, 2023

Credit Guarantee Scheme for Subordinate Debt (CGSSD) is extended upto 31.03.2023. On the 13th of May, 2020, the government announced the launch of the ‘Distressed Assets Fund—Subordinate Debt for Stressed MSMEs‘ as part of the Aatma Nirbhar Bharat Package. As a result, the Government approved the ‘Credit Guarantee Scheme for Subordinate Debt’ on June 1, …

March 16, 2022 -_4.1

Mutual Fund of HSBC launches fund of CRISIL IBX 50:50 Gilt Plus SDL April 2028 Index

The HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund (HGSF), an open-ended Target Maturity Index Fund that tracks the CRISIL IBX 50:50 Gilt Plus SDL Index – April 2028, has been introduced by HSBC Mutual Fund. According to the fund house, the programme has a high interest rate risk and a low …

March 16, 2022 -_6.1

India’s 1st Digital Water Bank ‘AQVERIUM’ launched in Bengaluru

India’s First Digital Water Bank, ‘AQVERIUM’ has been launched in Bengaluru, Karnataka which is an innovative initiative aimed at better water management. It is formed by AquaKraft Group Ventures. It is a very unique innovation combining sustainable & green technologies along with information technology, skill development & entrepreneurship. It is a curated list of water …

March 16, 2022 -_8.1

Retail inflation in February at 6.07%, still above RBI limit

In February, India’s retail inflation rate climbed to an eight-month high, maintaining above the central bank’s comfort level of 6% for the second month in a row, while wholesale price inflation continued to be in double digits for continuous eleventh month in a row. With mounting threats to growth in Asia’s third-largest economy, this might …

March 16, 2022 -_9.1

Delhi govt launched ‘My EV’ portal for registering and purchasing e-autos

The Delhi government has launched an online ‘My EV‘ (My Electric Vehicle) portal for the purchase and registration of electric autos in Delhi. It is accessible to all users on the website of the transport department of Delhi. Under the Delhi Electric Vehicle Policy, a 5% interest rate subvention will be provided on the purchase …

March 16, 2022 -_10.1

Shubman Gill & Ruturaj Gaikwad named as brand ambassadors for My11Circle

Games24x7 Private Limited, India’s leading digital skill games company, has appointed Indian cricketers Shubman Gill and Ruturaj Gaikwad as its new brand ambassadors for its My11Circle fantasy gaming platform. Both of them will feature in the multimedia campaigns of Games24x7 across TV, digital and social media platforms. Buy Prime Test Series for all Banking, SSC, …

March 16, 2022 -_11.1

Oscars 22: India’s ‘Writing with Fire’ nominated in Best Documentary feature category

A documentary about the Dalit-led, all-woman newspaper Khabar Lahariya, “Writing With Fire” became the first Indian documentary to be nominated at the Oscars. ‘Writing With Fire’ had won Audience and Jury Awards at the Sundance Film Festival last year. It is produced by Ticket Films and directed by filmmakers Rintu Thomas and Sushmit Ghosh. ‘Khabar …

March 16, 2022 -_12.1

Paytm Payments Bank punished by RBI for data breaching to Chinese firms

The RBI has stopped Paytm Payments Bank from accepting new customers because it broke the laws by allowing data to transit to servers in other countries and failing to properly authenticate its consumers. According to a report, annual inspections by the Reserve Bank of India (RBI) discovered that the company’s servers were sharing information with …