SBI to offer home loan linked to repo rate
State Bank of India(SBI) has announced to introduce a repo rate-linked home loan product from July 1,2019.This move seems to be in line with the RBI ‘s direction to the …
Read MoreMonth: June 2019
Indians turn pessimistic as job worries weigh on confidence :survey
The Reserve Bank of India has released the results of the May,2019 round of its Consumer Confidence Survey (CCS). The survey was conducted in 13 Indian cities and was based …
Read MoreAi-Da, the robot, charms with her art
The exhibition of art created by a humanoid Artificial intelligence (AI) robot named as Ai-Da was unveiled recently at the University of Oxford. Aida is the world’s first ultra-realistic humanoid …
Read MoreIn a first, trains services opened in Arctic
Russia has launched the first tourist train to Arctic region.The train will travel through Russia’s Arctic region on to Norway. It set off from St. Petersburg station with passengers aboard. …
Read MoreDraft National Education Policy moots all-India entrance tests for UG courses in public colleges
The Draft national Education Policy, 2019 has recommended that there should be common (all-India) entrance examinations for admissions to undergraduate courses in all government-funded universities and colleges, w.e.f. 2020. Further, …
Read MoreThaawarchand Gehlot leaves for Buenos Aires to participate in 2nd Global Disability Summit
Union Social Justice and Empowerment minister has left for Buenos Aires to participate in the 2nd Global Disability Summit to be held during 6-8 June,2019. The summit is hosted by …
Read MoreSunder Pichai, Nasdaq’s Friedman to receive 2019 Global Leadership Award
Google’s India-born CEO Sundar Pichai and Nasdaq president Adena Friedman have been chosen for the prestigious Global Leadership Awards 2019. The award is given annually since 2007 by the Washington-based …
Read MoreCII launches new Index to measure fiscal performance
Confederation of Indian Industry(CII) has launched a Fiscal Performance Index(FPI).The index is an innovative tool using multiple indicators to study the quality of Budgets at the Central and State levels. …
Read MoreWhy Cabinet Committees are formed, what are the functions of each
The Government of India has reconstituted eight key cabinet committees under the Transaction of Business Rules. The Cabinet Committee are organizations which are instrumental in reducing the workload of the …
Read MoreRBI cuts interest rate by 25 bps
The Reserve Bank of India(RBI) Monetary Policy Committee has unanimously cut the repo rate by 25 basis points from 6% to 5.75%. Repo stands for ‘Repurchasing Option’. Repo rate refers …
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