IMF retains its India GDP growth forecast at 7.2% for 2017-18

IMF retains its India GDP growth forecast (पूर्वानुमान) at 7.2% for 2017-18

New Delhi: The International Monetary Fund (IMF) on Tuesday called for accelerated economic reforms for India to achieve a higher growth trajectory, while retaining its GDP growth projection of

New currency circulation likely to reach 89% by Feb end: SBI

New currency circulation likely to reach 89% by Feb end: SBI  Circulation of new currency in the economy is likely to touch 79-89 percent of extinguished currency by the end of February, says a report by the Economic Research Department of State Bank of India   (SBI). The government had announced on November 8 that old Rs 500 and Rs 1000 notes would no longer be legal tender.

DAILY-current , affair , NATIONAL,INTERNATIONAL,NEWS-IN-ENGLISH-26-12-2016

TODAYS -SPECIAL-DAILY-National-International-NEWS-IN-ENGLISH -26-12-2016

Good Governance day – December 25, 2016

Good Governance day – December 25, 2016 Good Governance Day is observed every year on December 25th across India since 2014 to honor Prime Minister Vajpayee by fostering awareness among the Indian people of accountability in government.The Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances

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Government decides to print plastic currency note

Government decides to print plastic currency note Government today informed Parliament that a decision has been taken to print plastic currency notes and procurement of material has started. “It has been decided to print banknotes based on plastic or polymer substrate. The process of procurement has been initiated,” Minister of State for Finance Arjun Ram Meghwal said in a written reply in Lok Sabha

Union Cabinet approves Reforms to boost employment generation and exports in Made-ups Sector

Union Cabinet approves Reforms to boost employment generation and exports in Made-ups Sector The Union Cabinet approved proposal of the reforms to boost employment generation and exports in the Made-ups manufacturing Sector. It approved budget of Rs. 6,006 crore for the apparel package in a time bound manner. The main objective is generating direct and indirect employment of

Monetary Policy Committee keeps RBI’s key repo rate unchanged at 6.25%

Monetary Policy Committee keeps RBI’s key repo rate unchanged at 6.25% Factors such as the impacts of the US elections worldwide, domestic financial concerns as well as the modest Q2 global growth were taken into account. Monetary Policy Committee keeps RBI’s key repo rate unchanged at 6.25%. In a surprise move, the Monetary Policy Committee on Wednesday kept the Reserve Bank of

Yappily, India’s First Social Aided Ecommerce Platform

Yappily, India’s First Social Aided Ecommerce Platform India has come up with its first online flea market, Yappily.Bangalore based start-up Yappily was co-founded by Rohit Kumar, Kamonasish Aayush Mazumdar and Rashmi Ranjan Padhy in 2016.  It is India’s first social aided ecommerce platform, for both new unique products as well as pre-loved used products, which is available both

Ola Partners HPCL, IOCL For Payments Through Mobile Wallet

Ola Partners HPCL, IOCL For Payments Through Mobile Wallet , Indian online transportation network company Ola has partnered Hindustan Petroleum Corporation (HPCL) and Indian Oil Corporation (IOCL) to accept payment through ‘Ola Money’ in petrol pumps .  Ola driver-partners and Ola customers can now pay for their fuel with Ola on Verifone-enabled PoS devices in any of these fuel

Indian Railway give green light to go cashless

Indian Railway give green light to go cashless 

Indian Railways has taken steps to make railway travel bookings digital and asked the State Bank of India and ICICI Bank among others to provide around 15,000 point of sale (PoS) machines at reservation counters. About a thousand of these machines is supposed to be made available by Dec 31.

Government Clarifies Exemption Limits to hold Gold

Government Clarifies Exemption Limits to hold Gold  To carry out the search operations for black money, thegovernmenton December 1, 2016, has clarified the exemption limits for seizure of gold jewellery and ornaments. A reference to instruction No.1916 is also invited by the Finance Ministry which provides that during the search operations, no seizure of gold jewellery and ornaments to the

Switzerland Eyes Exchanging Banking Information With 21 More Countries

Switzerland Eyes Exchanging Banking Information With 21 More Countries, 

GENEVA:  Switzerland, which has been working to end its years-long practice of banking secrecy, said Thursday it aimed to dramatically increase the number of countries it cooperates with towards international fiscal transparency. The Swiss government said in a statement that it wanted to extend the

Exam-Oriented-Current-Affairs-Dated-05-07-2016-www.KICAonline.com-english

Exam-Oriented-Current-Affairs-Dated-05-07-2016-www.KICAonline.com-english

Soundekar dynasty Rajmata passes away at 66

Ponda: Rajmata Umadevi Soundekar Wadiyar of the erstwhile Soundekar dynasty in Goa passed away on Monday following a brief illness.She was 66 and passed away in a private hospital at Belagavi, Karnataka.She was the wife of the 13 th generation king of Soundekar dynasty, late Sadashiva Basavalinga Soundekar Wadiyar. After the death of King Sadashiva in 2006 and her elder son

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Exam-Oriented-Current-Affairs-Dated-30-06-2016-www.KICAonline.com-english

International Solar Alliance Cell and World Bank Signs Declaration for Promoting Solar Energy

On the occasion of the visit of the World Bank President to India, the Interim Administrative Cell of the International Solar Alliance (ISA Cell) and the World Bank declared their intention to promote solar energy globally. The declaration was signed & exchanged by  Shri Upendra Tripathy, Secretary, Ministry of New and Renewable Energy and Chairperson, ISA cell and Mr Onno Ruhl, India Country

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Exam-Oriented-Current-Affairs-Dated-21-06-2016-www.KICAonline.com-english

Monetary Policy Panel Formation At Final Stage: Report

New Delhi: Formation of the Monetary Policy Committee entrusted with the task of deciding interest rates is at an advanced stage and the government will soon appoint members of the high-level panel. "The appointment process is at a very advanced stage. There are no roadblocks left. Members can be announced in the next month as candidates have been short-listed," sources said. The six-member Committee will

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Nayak panel for dilution of coastal safety rules

The Shailesh Nayak Committee of the environment ministry has proposed several relaxations in the coastal zone regulations. These relaxations could provide a boost to real estate, construction, ports and tourism sectors in coastal states. The changes could lead to a largely diminished role for the central government and the central environmental rules over coastal areas. State government would get a larger

Wetlands in India: Significance, Threats & Conservation

The release of draft rules became necessitated in the backdrop of growing concern regarding the health of wetlands as their deterioration led to large scale destruction of natural and manmade environment recently. For example, the Chennai flashfloods in November 2015 and Srinagar flash floods in September 2014, according to experts, was largely caused by severe damage inflicted upon the

Maharashtra: Make them ‘greenagers’, forest deparment urges education officials

In an effort to make the “Green Maharashtra” programme successful, the forest and education department are deliberating on announcing a holiday on July 1 for schools and colleges. Although the decision has not been taken yet, the state government departments are in talks “to ensure that there is maximum participation from school and college students.” The objective behind the programme is to rope in youngsters from across