Update: Food Corporation of India Gets â‚¹45000 cr Loan - The Union Cabinet has approved providing a one-time loan of â‚¹45,000 crore from the National Small Savings Fund (NSSF) to the Food Corporation of India (FCI). At present FCI takes working capital loans through a Cash Credit Limit (CCL) and Short Term Loan (STL) at interest rates between 10.01 per cent and 9.40 per cent. […] The post Food Corporation of India Gets â‚¹45000 cr Loan appeared first on Best Current Affairs.
Update: SC Stops Akrama-Sakrama Scheme - The Karnataka government’s eagerly awaited ‘Akrama-Sakrama’ scheme suffered a major setback with the Supreme Court ordering a stay on the scheme. Admitting a special leave petition filed by the Namma Bengaluru Foundation (NBF) and converting the same into a civil appeal, the SC has granted interim protection that no applications under the scheme shall be processed […] The post SC Stops Akrama-Sakrama Scheme appeared first on Best Current Affairs.
Update: Airtel Payments Bank Launched - Bharti Enterprises Chairman Sunil Bharti Mittal launched India’s first payments bank – Airtel Payments Bank – giving a 7.25% interest on savings accounts, which makes it the highest interest rate on offer. Most public sector banks, flush with deposits now, offer 3-4% interest on savings deposits, while a few private sector banks go up to […] The post Airtel Payments Bank Launched appeared first on Best Current Affairs.
Update: 4 Indian-Americans Get USA Presidential Award - US President Barack Obama selected four Indian-American scientists for the highest honour given by the USA government to science and engineering professionals in the early stages of their independent research careers. The four are part of the list of 102 scientists and researchers who are recipients of the Presidential Early Career Awards for Scientists and […] The post 4 Indian-Americans Get USA Presidential Award appeared first on Be...
Update: New Species Named in Honor of Trump - Biologist Dr. Vazrick Nazari named a new species of moth in the honour of new US President Donald Trump. The new moth, officially described as Neopalpa donaldtrumpi, stands out with yellowish-white scales present on the head in adults. In fact, it was in these scales that the author found an amusing reference to Mr. Trump’s […] The post New Species Named in Honor of Trump appeared first on Best Current Affairs.
Update: NASA Hi-SEAS Study at Hawaii - Six scientists have entered a dome perched atop a remote volcano in Hawaii where they will spend the next eight months in isolation to simulate life for astronauts traveling to Mars. The NASA-funded study, known as the Hawaii Space Exploration Analog and Simulation (Hi-SEAS), is the fifth of its kind. The study is designed to […] The post NASA Hi-SEAS Study at Hawaii appeared first on Best Current Affairs.
Update: Open Sale of Kerosene Allowed in Karnataka - The Karnataka government has issued an order to allow the sale of white kerosene in open market. With a view to ease the availability of market-priced kerosene, the union government has freed sale of non-PDS kerosene from regulatory control. The union government has amended the Kerosene (Restriction on Use and Fixation of Ceiling Price) Order, […] The post Open Sale of Kerosene Allowed in Karnataka appeared first on Best Current Affairs.
Update: Egypt Court Stops Transfer of Islands - Egyptian apex court has upheld a ruling that stoppedÂ a plan to transfer two Red Sea islands to Saudi Arabia. The High Administrative Court rejected an appeal by the government against a lower courtâ™s decision to stop it handing over Tiran and Sanafir. Court said that the government had failed to provide evidence that the islands […] The post Egypt Court Stops Transfer of Islands appeared first on Best Current Affairs.
Egyptian apex court has upheld a ruling that stopped a plan to transfer two Red Sea islands to Saudi Arabia. The High Administrative Court rejected an appeal by the government against a lower court’s decision to stop it handing over Tiran and Sanafir. Court said that the government had failed to provide evidence that the islands …
Update: Ken-Betwa River Linking Project Approved - Union Environment and Tribal Affairs Ministries has given go ahead to Ken-Betwa river linking project. Union Water Resources Ministry is working with NITI Aayog to finalise funding pattern for the Ken-Betwa river interlinking project. T The nearly 9,400 crore rupee project will irrigate 6.35 lakh hectares and mitigate drinking water woes of Bundelkhand region. The […] The post Ken-Betwa River Linking Project Approved appeared first on Best ...
Update: Scorpene Submarine Khanderi Launched - Khanderi, the second Kalvari class Scorpene submarine, was launched by the Union minister of state for defence Subhash Bhamre at the Mazagon Dock Limited (MDL). The submarine will undergo rigorous tests and trials on the surface and underwater before it is commissioned into the Indian Navy as “INS Khanderi” at the end of the year […] The post Scorpene Submarine Khanderi Launched appeared first on Best Current Affairs.
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