GoI Approves Unified Pension Scheme for Government Employees

August 25, 2024

In a significant move to enhance retirement benefits for government employees, the Union Cabinet on Saturday approved the Unified Pension Scheme (UPS). This new scheme is set to benefit approximately 23 lakh government employees and will serve as an alternative to the existing National Pension System (NPS). Background The decision comes after a thorough review …

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Tata Power Solar Systems, ICICI Bank Partner To Finance Solar Units

August 24, 2024

Tata Power Solar Systems Ltd (TPSSL) has signed an agreement with ICICI Bank to provide financing for solar units to residential and corporate customers. As part of the agreement, the customers can avail themselves of loans up to Rs 90 lakh with collateral-free options and tenure extending up to 5 years. TPSSL collaboration with ICICI …

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Former Player And Ex-Federer Coach Peter Lundgren Passes Away

August 24, 2024

Former Swedish tennis player Peter Lundgren, who also coached Roger Federer early in the Swiss player’s career, has passed away at the age of 59. One of the best has unfortunately left us far too soon. Swedish tennis player Lundgren was part of the wave of Swedish tennis players in the 1980s that followed in …

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Five Largest Rivers of Uttar Pradesh

August 24, 2024

Uttar Pradesh, a key state in northern India, is home to several major rivers that are vital for its agriculture, culture, and economy. These rivers, flowing from the Himalayas and other regions, support millions of people with water resources and have deep religious and historical significance. This article explores the top five biggest rivers of …

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Goldman Sachs Lowers India’s 2024 and 2025 GDP Growth Forecasts

August 24, 2024

Goldman Sachs has revised India’s GDP growth forecasts for 2024 and 2025, anticipating slower expansion due to reduced government expenditure and other economic factors. The bank now projects a growth rate of 6.7% for 2024 and 6.4% for 2025, down by 20 basis points each from previous estimates. This adjustment follows a significant 35% contraction …

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Mumbai Ranks 2nd, New Delhi 3rd In Global Property Price Index

August 24, 2024

Manila ranked first with a 26 per cent annual rise during the quarter. Mumbai and Delhi are at the second and third positions, respectively, among 44 cities globally in annual price rise of prime residential properties during the June quarter, Knight Frank said in a report. The annual price growth across the 44 cities globally …

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Key Takeaways From PM Modi Ukraine Visit

August 24, 2024

Prime Minister Narendra Modi has wrapped up his trip to Ukraine. Modi became the first Indian prime minister to make a state visit to Ukraine since the two countries established relations over three decades ago. P.M Modi’s Ukraine visit In his Ukraine visit some key outcomes to be noted, such as: Homage to Mahatma Gandhi’s …

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GPS Full Form: History, Parts, Components, Benefits and Accuracy

August 24, 2024

The Global Positioning System (GPS) is a satellite-based navigation system that provides time and location information anywhere on or near the Earth. It works in all weather conditions, offering accurate positioning and navigation. Originally developed by the United States Department of Defense, GPS is now maintained by the United States Air Force. In this article, …

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RBI Adds FASTag, NCMC Auto-Replenishment to E-Mandate Framework

August 24, 2024

The Reserve Bank of India (RBI) has updated its e-mandate framework to include the auto-replenishment of balances in FASTag and the National Common Mobility Card (NCMC). Under the new rules, these auto-replenishment transactions, which occur when balances fall below a customer-defined threshold, will no longer require a pre-debit notification. This change aims to streamline recurring …

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GAIL and Petron to Establish 500 KTA Bio-Ethylene Plant in India

August 24, 2024

On August 21, 2024, GAIL (India) Limited and US-based Petron Scientech Inc signed a Memorandum of Understanding (MoU) to explore the development of a 500 Kilo Tonne per Annum (KTA) bio-ethylene plant in India. This initiative will involve a 50:50 joint venture, where both companies will conduct feasibility studies to evaluate the technical and financial …

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Monthly Archives: August 2024

GoI Approves Unified Pension Scheme for Government Employees

Tata Power Solar Systems, ICICI Bank Partner To Finance Solar Units

Former Player And Ex-Federer Coach Peter Lundgren Passes Away

Five Largest Rivers of Uttar Pradesh

Goldman Sachs Lowers India’s 2024 and 2025 GDP Growth Forecasts

Mumbai Ranks 2nd, New Delhi 3rd In Global Property Price Index

Key Takeaways From PM Modi Ukraine Visit

GPS Full Form: History, Parts, Components, Benefits and Accuracy

RBI Adds FASTag, NCMC Auto-Replenishment to E-Mandate Framework

GAIL and Petron to Establish 500 KTA Bio-Ethylene Plant in India

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