Page-29 of IBPS

RBI regresses to multiple price method for bond auctions

July 29, 2014

The RBI will revert to the Multiple Price method for bond auctions on August 1, 2014, a year after it adopted the present method of Uniform Price. On August 1, 2014, the central bank will auction a 10-year bond with ..

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Sixth C-17 Globemaster III aircraft delivered to IAF

July 29, 2014

Indian Air Force received its sixth C-17 Globemaster III aircraft at the Palam Airbase in New Delhi in the presence of the Union Defence Minister Arun Jaitley.  About C-17 Globemaster III It has the potential to carry 75 tonnes of load ..

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Science Express for raising biodiversity awareness flagged off

July 29, 2014

The third phase of Science Express Biodiversity Special (SEBS) was flagged off from Safdarjung Railway Station in Delhi. The train with its innovative exhibition aims to spread awareness amongst masses in general and youth in particular about the exceptional biodiversity ..

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Vincenzo Nibali wins 101st Tour de France

July 29, 2014

Italian Vincenzo Nibali won the 101st edition of Tour de France, becoming the first Italian in 16 years to win the championship. Nibali’s triumph comes after 2013 champion Chris Froome and two-time winner Alberto Contador crashed out with injuries in the ..

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RBI rejects Andhra's request for farm loan waiver

July 29, 2014

The Reserve Bank of India (RBI) communicated the Andhra Pradesh government that there was no case for considering its request for restructuring of agricultural loans in the state. A refused to consider the request even before the state government could prepare ..

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Flipkart raises $1 billion, largest in Indian e-commerce field

July 29, 2014

India’s home-grown e-retailer Flipkart announced that it has raised funds worth $1 billion (over Rs.6,000 crore), the largest-ever by an Indian e-commerce firm. Flipkart has been raising fund aggressively as it raised $210 million in May 2014. This year the ..

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Registration certificates of six NBFCs cancelled by RBI

July 29, 2014

The Reserve Bank of India (RBI) has cancelled the certificate of registration of six Non-Banking Financial Companies (NBFCs) based in Delhi. Now, these companies would not be able to do business as non-banking financial institution. These companies are: GE Strategic ..

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Rs 150 crore allocated for Rashtriya Gokul Mission for 2014-15

July 28, 2014

The “Rashtriya Gokul Mission” which aims to conserve and develop indigenous breeds in a focused and scientific manner will be allocated Rs 150.00 crores for 2014-15. The Rashtriya Gokul Mission is a focused project under National Programme for Bovine Breeding ..

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