Category Archives: 2015-12-December

Government sets up Rs 40,000-cr National Investment and Infrastructure Fund

Government sets up Rs 40,000-cr National Investment and Infrastructure Fund

Government has set up Rs 40,000-crore NIIF with the objective to boost infrastructure and stalled projects in the country.

Government has also appointed IIFCL as investment advisor and IDBI Capital …

WHO declared Guinea Ebola free

WHO declared Guinea Ebola free

Guinea was declared free of Ebola virus, leaving Liberia as the only country still awaiting a countdown for the end of the epidemic.

There were more than 3,800 Ebola cases in Guinea out of more …

INS Viraat wins Cock Trophy

INS Viraat wins Cock Trophy

Aircraft-carrier INS Viraat won the coveted Cock Trophy during the Western Fleet Whaler Pulling Regatta, making it the last time the warship participated in the event before it is decommissioned in 2016.

INS Viraat was …

Seychelles committed to Indian naval base

Seychelles committed to Indian naval base

Seychelles government has alloted a plot of land for India to build its first naval base in the Indian Ocean region in the Assumption Island.

It will be a joint venture of India and …

Juvenile Justice (Care and Protection of Children) Bill, 2015, passed by Rajya Sabha

Juvenile Justice (Care and Protection of Children) Bill, 2015, passed by Rajya Sabha

The Bill was passed to amend the existing law and allow juveniles in the age group of 16-18 to be tried as adults if they commit heinous …

Lok Sabha clears National Waterways Bill to develop 101 waterways

Lok Sabha clears National Waterways Bill to develop 101 waterways

National Waterways Bill, 2015 was passed by the Lok Sabha that aims to develop 101 waterways in the country. This will be in addition to the five existing National Waterways.…

RBI announces new rules for calculating Base Rate

RBI announces new rules for calculating Base Rate

The Reserve Bank announced a new and uniform Base Rate formula — moving from average cost of funds methodology to marginal cost of funds methodology for interest rate on advances.

Highlights of

RuPay gaining currency irks US companies

RuPay gaining currency irks US companies

US companies MasterCard & Visa have asked Reserve Bank and the government to consider their services, which are cheaper than that of the local card issuer, RuPay. They are panicked by a sharp rise …

Doha Development Round- the dead lock

Doha Development Round

DDR is the current trade negotiation round of WTO. It was launched at the 4th Ministerial Conference of WTO, at Doha, Qatar, in 2001.

Its main objective were

  • Lower trade barriers around the world
  • Facilitate increased

India-Japan- deals & agreements

Indo-Japan- deal & agreements

  1. India and Japan cemented their strategic partnership with the signing of a preliminary pact on civil nuclear cooperation.
  2. The two sides also signed agreements on sharing of technology, equipment and military information
  3. Japan will be a
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