31.8 India: Banking: India Post Payments Bank has been envisioned as an accessible, affordable and trusted bank for the common man to help speedily achieve the financial inclusion.The payments bank, where the Indian government holds 100 percent equity, will leverage the vast network of the Department of Posts (DoP) that has more than three lakh […]

Indian Affairs Agriculture: In order to meet the challenge of providing sustainable livelihoods for a rapidly growing population and to motivate and attract youth in agriculture, Dr. Trilochan Mohapatra, Secretary (DARE) & Director General (ICAR), inaugurateda two-day conferenceat NASC, New Delhi from 30-31 August, 2018 on Motivating and Attracting Youth in Agriculture (MAYA). Business: India’s […]

India:\ Agriculture: According to the Agriculture Ministry fourth advance estimate, India’s food grain production is estimated to grow to an all-time high of over 284.83 million tonnes (MT) in the 2017-18 crop year ending June. The previous record foodgrain output was 275.11 million tonnes (MT) achieved in the 2016-17 crop year.Wheat output has been pegged […]

National Affairs: Awards: The last date for online nominations/recommendations for the Padma Awards to be announced on the occasion of Republic Day, 2019 is September 15, 2018. Already more than 21,855 Registrations have been made on the website, out of which 21,228 nominations/recommendations completed since the nominations opened on 1st May, 2018. Environment_Climate Change: The […]

Current Affairs on/about India: Banking: The state bank of India (SBI) has changed names and IFSC codes of nearly 1,300 branches across the country.SBI branches have been changed across the country as per the SBI list enlisting the old and new IFSC codes after rationalisation/merger with associate banks and BMB. The merger of associates and […]

Indian Events Banking/Economy: Public sector banks are in the process of closing or rationalising about 70 overseas operations as part of capital conservation exercise. Public sector banks (PSBs) closed down 35 foreign operations last year. According to the data, 159 branches of PSBs are operating in foreign countries, of which 41 branches were in losses […]

Indian Affairs Appointments: The appointments Committee of the Cabinet has approved the appointment of Dr. G. Satheesh Reddy, Scientific Adviser to Raksha Mantri to the post of Secretary, Department of Defence Research & Development (DDR&D) and Chairman, Defence Research Development Organization (DRDO) Banking: As per the Department of Financial Services (DFS) findings, Punjab National Bank […]

Indian Events Banking: Centre for Economic Policy Research (CEPR) and the government Think Tank NITI Aayog organised two-day ‘India Banking Conclave’ (IBC) in New Delhi between August 23 and August 24, 2018. Focused On reform in the banking sector. CEPR is network of over 1100 researchers who are based mainly in universities throughout Europe and […]

Indian Affairs Archaeology: International Council on Monuments and Sites (ICOMOS) launched Kerala Heritage Rescue Initiative to assess damage to rich cultural and built heritage sites in flood-devastated Kerala..ICOMOS was founded in 1965 in Warsaw (Poland) as a result of the Venice Charter of 1964. It is headquartered in Paris, France. ICOMOS has also approached International […]