Home   »  

Monthly Archives: February 2024

RBI Issues Master Direction to Ease Reporting Norms for REs

RBI Issues Master Direction to Ease Reporting Norms for REs

The Reserve Bank of India (RBI) has introduced a master direction aimed at simplifying reporting norms for regulated entities (REs). This initiative consolidates 20 existing instructions, streamlining processes for finance companies and others. The directive focuses on reducing compliance burden while enhancing clarity and efficiency in reporting. Rationalization and Consolidation RBI consolidates 20 existing instructions …

Government Launches 'Mera Pehla Vote Desh Ke Liye' Campaign in Higher Educational Institutions

Government Launches ‘Mera Pehla Vote Desh Ke Liye’ Campaign in Higher Educational Institutions

The government has announced the initiation of the ‘Mera Pehla Vote Desh Ke Liye’ campaign in higher educational institutions nationwide starting from February 27, 2024. This campaign aims to foster active participation among the youth in the electoral process, emphasizing the significance of voting for the betterment of the nation. 1. Union Education Minister’s Call …

C.V. Raman Biography - Early Life, Career and Achievements

C.V. Raman Biography: Early Life, Career and Achievements

Dr. Chandrasekhara Venkata Raman, or C.V. Raman, born on November 7, 1888 in Tiruchirappalli, Tamil Nadu,  was a distinguished Indian physicist whose family’s academic background nurtured his early intellectual development. His groundbreaking discovery of the Raman Effect, which won him the Nobel Prize in Physics, solidified his place in scientific history. This article explores Raman’s …

Adani Group Invests $362 Million in Local Defence Factories

Adani Group Invests $362 Million in Local Defence Factories

Gautam Adani’s conglomerate inaugurated two defense facilities in northern India, representing an investment of 30 billion rupees ($362 million). These facilities, established by Adani Defence & Aerospace, signify India’s drive towards self-reliance in defense manufacturing. Location and Production Situated in Kanpur, Uttar Pradesh, spanning 500 acres. Aimed at producing small, medium, and large caliber ammunition …

Tripura CM Inaugurates Jagannath Dighi Waterfront Development Project In Udaipur

Tripura CM Inaugurates Jagannath Dighi Waterfront Development Project In Udaipur

The Tripura Chief Minister, Dr. Manik Saha, marked a pivotal moment in the state’s development with the inauguration of the Jagannath Dighi Waterfront Development Project in Udaipur. This significant endeavor reflects the government’s commitment to enhancing infrastructure and promoting tourism in the region. Renovation of Jagannath Dighi: A Step Towards Development The inauguration ceremony witnessed …

Prime Minister Narendra Modi Inaugurates Bharat Tex 2024 in New Delhi

Prime Minister Narendra Modi Inaugurates Bharat Tex 2024 in New Delhi

Prime Minister Narendra Modi inaugurated Bharat Tex 2024, the largest textile event in India, emphasizing its focus on sustainability, circularity, and economic growth. The event witnessed participation from over 3000 exhibitors and traders from 100 countries, showcasing India’s rich textile heritage and modern innovations. PM’s Address: Connecting Tradition with Innovation Prime Minister Modi highlighted Bharat …

Government Forms Expert Committee, chaired by Finance Secretary T V Somanathan, for Uniform KYC Norms

Government Forms Expert Committee, chaired by Finance Secretary T V Somanathan, for Uniform KYC Norms

After discussions within the Financial Stability and Development Council (FSDC) regarding the need for uniform Know Your Customer (KYC) norms, the government has taken action by establishing an expert committee. Headed by Finance Secretary T V Somanathan, this committee aims to streamline and finalize uniform KYC norms across various sectors. Committee Formation and Composition The …

Justice A M Khanwilkar Appointed Lokpal Chairperson

Justice A M Khanwilkar Appointed Lokpal Chairperson

In a significant development, former Supreme Court judge Justice Ajay Manikrao Khanwilkar has been appointed as the chairperson of the Lokpal, the anti-corruption ombudsman of India. His appointment comes after a distinguished career in the judiciary, retiring from the apex court in July 2022. Composition of the Lokpal The notification issued by Rashtrapati Bhawan also …