Major points The Union Cabinet has approved the creation of an Alternative Investment Fund (AIF) of ₹25,000 crore to revive stalled affordable and middle-income housing projects across the c... Read more

Major points According to data from the Reserve Bank of India (RBI), Non-Performing Assets (NPAs) for unrated loans has increased to 24 % (2018) from about 6 % (2015). Unrated Loans are loan... Read more

Major points Export Credit Guarantee Corporation of India (ECGC) has introduced the Export Credit Insurance Scheme (ECIS) called NIRVIK to enhance loan availability and ease the lending proc... Read more

Major points Recently, the President of India has presented the first National Corporate Social Responsibility (CSR) Awards to selected companies. The awards have been instituted by the Mini... Read more

Major points The Government of India recently constituted a Committee of Secretaries (CoS), headed by the Cabinet Secretary Rajiv Gauba, to look for a relief package for the distressed telec... Read more

महत्वपूर्ण बिन्दु केंद्र सरकार और ओडिशा सरकार ने छोटे किसानों की उत्पादन प्रणालियों को सुदृढ़ करने हेतु विश्व बैंक के साथ 165 मिलियन डॉलर के ऋण समझौते पर हस्ताक्षर किये हैं। यह योजना किसानों... Read more

Major points Bihar government has taken an initiative to help traders and farmers by selling Kashmiri apples through Biscomaun (Bihar State Cooperative Marketing Union Limited) and NAFED (Na... Read more

Major points At least seven of the 10 public sector banks slated for merger have invited independent experts to determine their share swap ratios. When a company pays for acquisition by issu... Read more