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“Willful defaulter tag is a powerful weapon in hands of banks for resolving bad loans”: RBI Governor
“The wilful defaulter tag is a powerful weapon in the hands of creditors for resolving distressed assets. It shuts out access to credit within the Indian financial system for a borrower,” Rajan stated without naming Vijay Mallya, who was recently ..
Month: Current Affairs - September, 2014
PM announces J&K floods 'National Disaster', declares additional aid of Rs 1,000 crore
Announcing the Jammu and Kashmir floods as national level disaster, PM Modi declared an extra Rs 1,000 Crore as distinct aid for flood relief and rehabilitation. The state govt is battling worst flood in the last 50 years. The National Disaster Relief Force ..
Month: Current Affairs - September, 2014
Unit 5 of RAPS becomes world’s 2nd longest running reactor
India’s nuclear power programme reached a fresh milestone after Unit 5 of the Rajasthan Atomic Power Station (RAPS), become the 2nd longest running reactor in the world by being in operation for 765 days nonstop. The Unit 5 of the ..
Month: Current Affairs - September, 2014
Minsk Agreement (2014): Ukraine and Russia ceasefire agreement inked in Minsk
On September 5 2014, Representatives of Ukraine, the Russian Federation, the Donetsk People’s Republic (DPR), and the Lugansk People’s Republic (LPR) inked the Minsk Agreement (2014) to stop the war in the Donbass region of Ukraine. The agreement was inked ..
Month: Current Affairs - September, 2014
Sania-Soares win US Open mixed doubles title 2014
Sania Mirza won US Open mixed doubles title with her new partner Bruno Soares (Brazil). The pair defeated the combination of Abigail Spears (US) and Santiago Gonzalez (Mexico) 6-1, 2-6, 11-9 in an exciting mixed doubles final. This was was ..
Month: Current Affairs - September, 2014
China bestows “China Book Award” to JNU professor Priyadarsi Mukherji
China bestowed China Book Award to Jawaharlal Nehru University professor Priyadarsi Mukherji , for his support to interpretation and publication of Chinese works. Priyadarsi Mukherji was awarded along with 10 other winners. China Book Award is a distinctive award to ..
Month: Current Affairs - September, 2014
India's first coral garden to be set up in Gujarat
In an effort to protect numerous coral species at one place and to enhance tourism in the state, the country’s first ‘Coral garden’ will be set up at Mithapur coastal region of Devbhoomi-Dwarka district in Gujarat, which will conserve coral ..
Month: Current Affairs - September, 2014
24 Standing Committees formed; BJP to head 11, Congress 5
Lok Sabha Speaker Sumitra Mahajan has declared the list of members and chairpersons for 24 DRSCs (Department Related Standing Committees) of Parliament. While the ruling BJP grabbed 11 chairperson posts of these panels, the Congress will chair 5, including the coveted Committee ..