Page-8 of IBPS
Union Cabinet approves sale of shares in ONGC, Coal India, NHPC
Commencing the mammoth disinvestment drive, the CCEA (Cabinet Committee on Economic Affairs) headed by Prime Minister, approved the sale of shares in Coal India, ONGC and NHPC to garner a combined Rs 43,000 crore. At current market prices, the sale ..
Month: Current Affairs - September, 2014
RBI gets tough; says, if a company is unable to repay then that could lead to other group units and management being termed ‘wilful defaulters’
RBI in order to put intense pressure on businessmen, whose companies default in future, has intensified wilful defaulter rules. Now if a company is unable to repay then that could lead to other group units and management being termed ‘wilful ..
Month: Current Affairs - September, 2014
RBI sets upper age limit for private bank CEOs at 70
The RBI brought relief for investors in HDFC Bank and IndusInd Bank, who have been anxious about the destiny of their celebrated chiefs who have provided massive returns in the past few years. Full-time directors of Pvt. banks can now ..
Month: Current Affairs - September, 2014
India inks FTA in Services, Investments With ASEAN
India inked a Free Trade Agreement (FTA) in services and investments with the Association of South East Asian Nations (ASEAN), paving the mode for a more relaxed movement of professionals and additionally opening prospects for investments between India and ASEAN. ..
Month: Current Affairs - September, 2014
September 8, 2014: World Literacy Day observed across the world
World Literacy Day observed across the world on September 8, 2014. The theme of International Literacy Day 2014 was “Literacy and Sustainable Development.” UNESCO announced September 8 as International Literacy Day on November 17, 1965 and this was first celebrated in 1966. Its ..
Month: Current Affairs - September, 2014
Fresh choice of smugglers: ‘R22-Ozone-depleting fridge gas”
The Central Board of Excise and Customs (CBEC) has warned its offices at ports about smuggling of ozone-depleting materials as there has been a fresh surge in efforts to unlawfully ship R-22 gas, which is used in refrigerants and air-conditioners ..
Month: Current Affairs - September, 2014
India, Bahrain convey commitment to improve bilateral trade, investment
India and Bahrain trade and commerce ties are on an upsurge. India and Bahrain trade and commerce has amassed momentum over the years and is assured to increase more with stress on partnerships in important sectors. Now the stress is ..
Month: Current Affairs - September, 2014
Huge extinct volcano discovered underneath the Pacific Ocean
Scientists at the University of New Hampshire (UNH) have found a gigantic 100 million-year-old ancient extinct volcano at a depth of 4 km underwater in one of the minimum explored areas of the Pacific Ocean. It was discovered on a ..