Six New Parliamentary Committees For 2024-25: Lok Sabha Speaker Constitutes

August 17, 2024

The Lok Sabha speaker on August 17, named the constituents of the six new Parliamentary Committees including the Public Accounts Committee (PAC) which examines government expenditure. Ganesh Singh, BJP MP from Satna, Madhya Pradesh has been appointed as the chairperson of the Committee on Welfare of Other Backward Classes. Six New Parliamentary Committees for 2024-25 …

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Decline in FDI in India’s Food Processing Sector in 2023-24

August 17, 2024

Foreign direct investment (FDI) in India’s food processing sector experienced a significant decline of 30% in the fiscal year 2023-24, totaling Rs 5,037.06 crore, down from Rs 7,194.13 crore in 2022-23. This decline follows a series of fluctuating FDI levels over recent years, with previous figures including Rs 5,290.27 crore in 2021-22, Rs 2,934.12 crore …

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Government Initiates Anti-Dumping Investigation into Steel Imports from Vietnam

August 17, 2024

India has initiated an anti-dumping investigation into the import of hot rolled flat products from Vietnam following complaints that these products are being sold at significantly low prices, negatively impacting the domestic steel industry. The move, driven by requests from leading Indian steelmakers such as JSW Steel and ArcelorMittal Nippon Steel India (AM/NS India), seeks …

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Which is the Highest Peak of South India?

August 17, 2024

South India, celebrated for its rich culture and stunning landscapes, is home to the highest peak, Anamudi. Nestled in Kerala, Anamudi stands tall in the Western Ghats, symbolizing the region’s natural beauty. This peak, a part of the Anaimalai Hills, is not just the tallest in South India but also a striking feature of Kerala’s …

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’Ladki Bahin Yojana’ Today For 1 crore Women; Eligibility, Benefits

August 17, 2024

The Eknath Shinde-led Maharashtra government is set to officially launch the ‘Mukhyamantri Majhi Ladki Bahin Yojana’ today on the occasion of Raksha Bandhan. This initiative aims to provide ₹1500 every month to more than one crore women across the state. Ladki Bahin Yojana The Maharashtra Chief Minister will roll out the ‘Ladki Bahin‘ scheme modelled on the lines …

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RBI Approves Salee Sukumaran Nair as MD & CEO of Tamilnad Mercantile Bank

August 17, 2024

The Reserve Bank of India (RBI) has approved the appointment of Salee Sukumaran Nair as the Managing Director and Chief Executive Officer of Tamilnad Mercantile Bank (TMB) for a three-year term. Nair, a seasoned banker with over 35 years of experience, is stepping into this role following his tenure as Deputy Managing Director and Chief …

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Gender Disparities in Financial Inclusion: Insights from NSO Data

August 17, 2024

The latest “Men and Women” report by the National Statistical Office (NSO) reveals a stark financial disparity between men and women in India. While women own a significant portion of bank accounts, their share of total deposits remains disproportionately low, indicating a deep-rooted gender gap in financial status. Key Findings Bank Deposits Ownership vs. Deposits: …

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IRS Officer Rahul Navin new Director of Enforcement Directorate (ED)

UN Human Rights Team To Visit Bangladesh To Investigate Human Rights Violations

August 17, 2024

A human rights team from the United Nations will visit Dhaka next week to discuss with the Bangladesh interim government, investigations into the human rights violations during the recent unrest in Bangladesh. Discussion with Bangladesh interim government UN Secretary-General Antonio Guterres’ Deputy Spokesperson Farhan Haq said UN High Commissioner for Human Rights, Volker Turk discussed …

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IRS Officer Rahul Navin New Director of Enforcement Directorate (ED)

August 17, 2024

The government on August 14, appointed acting Enforcement Directorate chief Rahul Navin as full-time director of the anti-money laundering agency for two years. The Appointments Committee of the Cabinet, in a statement dated August 14, confirmed his appointment as the new Director of Enforcement in the Directorate of Enforcement. Who is Rahul Navin? Rahul Navin, …

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Urban Unemployment Rate Declines to 6.6% in Q1 FY25

August 17, 2024

India’s urban unemployment rate slightly decreased to 6.6% in Q1 FY25 from 6.7% in Q4 FY24, as per the Periodic Labour Force Survey (PLFS) data released by the National Statistical Office (NSO). This decline was primarily due to a drop in the male unemployment rate. However, the female unemployment rate rose to 9%, marking a …

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Monthly Archives: August 2024

Six New Parliamentary Committees For 2024-25: Lok Sabha Speaker Constitutes

Decline in FDI in India’s Food Processing Sector in 2023-24

Government Initiates Anti-Dumping Investigation into Steel Imports from Vietnam

Which is the Highest Peak of South India?

’Ladki Bahin Yojana’ Today For 1 crore Women; Eligibility, Benefits

RBI Approves Salee Sukumaran Nair as MD & CEO of Tamilnad Mercantile Bank

Gender Disparities in Financial Inclusion: Insights from NSO Data

UN Human Rights Team To Visit Bangladesh To Investigate Human Rights Violations

IRS Officer Rahul Navin New Director of Enforcement Directorate (ED)

Urban Unemployment Rate Declines to 6.6% in Q1 FY25

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