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RBI granted in-principle approval to three applicants for setting up TReDS 1.The Reserve Bank of India (RBI) on 24 November 2015 granted in-principle approval to three applicants to set up and operate Trade Receivables Discounting System (TReDS). The three organisations…
Read MoreCheque :A cheque is a bill of exchange drawn on a specified banker and not expressed to be payable otherwise than on demand. It is an Chequeunconditional order in writing be drawn by a customer on his bank. Requesting the…
Read MoreNitish Kumar sworn-in as Bihar Chief Minister 1.Senior JDU leader Nitish Kumar was sworn-in as Chief Minister of Bihar for the fifth time on 20 November 2015. The swearing-in ceremony was held at the Gandhi Maidan in Patna. 2.Governor Ramnath…
Read MoreAxis MF launches Children’s Gift Fund 1.Axis Mutual Fund today announced its new fund offer, the Axis Children’s Gift Fund. This is Axis’ first goal-based investment option, the MF house said. Investments can only be made for a minor, represented…
Read MoreSyed Akbaruddin Named India’s Permanent Representative to United NationsSyed-Akbaruddin-MEA 1.Syed Akbaruddin, who was the chief coordinator of the India-Africa Forum Summit (IAFS) held in New Delhi last month, has been appointed as the new permanent representative of India to the…
Read More1% = 1/100 = 0.01 2% = 2/100 = 0.02 = 1/50 3% = 3/100 = 0.03 4% = 4/100 = 0.04 = 1/25 (205)
Read MoreLabour Party Leader Jeremy Corbyn Meets Prime Minister Narendra Modi 1. Britain’s opposition Labour Party leader Jeremy Corbyn today called on Prime Minister Narendra Modi on the final day of his maiden visit to the UK. 2.The Prime Minister’s Office…
Read MoreThis is to inform you that the Government of India has issued the following important circular on Passports. Please check your Passports and be advised that you may need to get a new Passport if it does not meet the…
Read MoreRaghuram Rajan Appointed as Vice Chairman of Bank for International Settlements 1.Reserve Bank of India Governor Raghuram Rajan, a vocal advocate of increased emerging market participation in global policy debate, was appointed as vice chairman of the Bank for International…
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