Day: June 24, 2019

Kashmir separatists ready for talks, Indian government says

SRINAGAR – The leader of disputed Kashmir’s largest separatist group said it was ready for talks with India’s government on Monday, after the state governor said he was optimistic about dialogue. The Muslim-majority Kashmir valley is at the heart of more than seven decades of hostility between nuclear […]

Factbox: U.S.-India trade, e-commerce disputes likely to top Pompeo’s New Delhi agenda

NEW DELHI – U.S. Secretary of State Mike Pompeo will visit India from Tuesday for talks with government leaders over a growing list of trade and investment issues that has cast a shadow over ties between the two big democracies. Pompeo is expected to lay the ground for […]

RBI Deputy Governor Viral Acharya quits, adding to independence concerns

MUMBAI – Reserve Bank of India Deputy Governor Viral Acharya has resigned six months before the scheduled end of his term in office citing personal reasons, the central bank said on Monday, adding to concerns about the independence of the central bank. Acharya’s departure is not surprising as […]

Monsoon covers half of India, to accelerate crop sowing

MUMBAI – India’s annual monsoon rains have covered nearly half of the country and conditions are favourable for further advancement into the central and western parts this week, a weather department official said on Monday. The monsoon’s progress will help farmers to accelerate sowing of summer-sown crops, which […]

Education Loans

The Reserve Bank of India (RBI) has advised all Scheduled Commercial Banks to adopt Education Loan Scheme, formulated by Indian Banks’ Association (IBA), vide Circular RPCD.PLNFS. BC. NO.83/06.12.05/2000-01 dated April 28,2001. IBA has formulated and circulated to all Member Banks including State Bank of India (SBI) a ‘Model […]

Public Sector Banks

open view news desk To strengthen the Public Sector Banks (PSBs), over the last four financial years, the Government of India has taken comprehensive steps under its 4R’s strategy of recognising NPAs transparently, resolving and recovering value from stressed accounts through clean and effective laws and processes, re-capitalising […]

E-filing of Income Tax

open view news desk There is a marked increase in the number of income tax filed through e-filing. The number of e-Returns submitted for Assessment Year 2018-19 is 6,49,39,586 as against 5,47,30,304 e-Returns filed for the Assessment Year 2017-18, thereby marking a remarkable increase of 18.65% over previous […]

Bank Loan to Farmers

open view news desk The Government of India fixes Agriculture Credit Disbursement Targets for the Banking Sector every year and banks have consistently surpassed these targets.           State-wise details of Agriculture Credit Target fixed by the Government for the year 2019-20 is at Annexure I.           State Level Bankers’ […]

Educational Development Schemes for economically backward classes

open view news desk Ministry of Human Resource Development is implementing following schemes for the Economically Backward Class students. 1.         Central Sector Scheme of Scholarship for College and University Students (CSSS) Under this scheme, scholarship is provided to the eligible meritorious students having family income less than Rs. […]

Promoting sports amongst students in schools under Samagra Shiksha

open view news desk Department of School Education and Literacy has launched an Integrated Scheme for School Education-Samagra Shiksha, subsuming three erstwhile Centrally Sponsored Schemes of Sarva Shiksha Abhiyan(SSA), Rashtriya Madhyamik Shiksha Abhiyan(RMSA) and Teacher education (TE) with effect from 1st April, 2018. The new integrated scheme envisages school […]

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