Current Affairs
August 6 , 2019
Udaipur set to host India's largest education Brainstorm
The third edition of India's largest education brainstorming event, the ScooNews Global Educators Fest (SGEF) will be held on August 09 and 10 in Udaipur- the City of Lakes. It will bring together over 500 educators to discuss the way towards establishing India as the next global education powerhouse. The theme for this year's fest is 'Education fo...
August 5 , 2019
RBI imposes ₹11 cr fine on seven PSBs for violating norms
The Reserve Bank has imposed a collective penalty of ₹11 crore on seven public sector banks for violating norms on current account opening. Allahabad Bank and Bank of Maharashtra have been imposed a fine of ₹2 crore each, Bank of Baroda, Bank of India, Indian Overseas Bank and United Bank of India have been slapped with fines of ₹1.5 crore each, wh...
August 3 , 2019
Affordable housing gets a ₹10,000-crore booster
In order to boost the housing sector, the government announced providing liquidity of ₹10,000 crore for individual housing loans. The National Housing Bank (NHB) is making available from August 2, a liquidity infusion facility of ₹10,000 crore for Housing Finance Companies as additional liquidity for individual housing loans, for affordable housing...
August 2 , 2019
One nation one ration card scheme implemented in four States
One nation one ration card scheme was launched a pilot basis in four states- Gujarat, Maharashtra, Telangana and Andhra Pradesh. The scheme will provide a major boost to the national food security government. Under the one nation one ration card scheme, families who have food security cards will be able to buy rice, wheat or any food grain at a sub...
August 1 , 2019
India Post Payments Bank to Be Converted into Small Finance Bank
The postal department has decided to convert the India Post Payments Bank into a small finance bank, enabling it to offer small loans to customers. Besides, the department looks to open one crore accounts for IPPB in 100 days. The decisions were taken at the annual Heads of Circles Conference held at Srinagar in Jammu and Kashmir from July 29-31, 2...
July 31 , 2019
Sniper Frontier Competition: 2019
A nine member Indian Army team has left for Belarus to compete in the Sniper Frontier Competition as part of the International Army Games schedule 03 Aug to 17 Aug 19. It is a thirteen-day intense sniper competition and encompassing flexibility of mind, physical fitness along with firing. The competition is likely to have over twenty-three particip...
July 30 , 2019
After West Bengal, Odisha gets GI tag for its version of Rasgulla
Odisha bagged the geographical indication (GI) tag for its “Rasagola”, thus bringing it a late cheer in its battle since 2015 with West Bengal on the sweet’s origin. West Bengal had won the first round. Both states staked their claim on the syrupy dessert. In 2017, West Bengal secured the GI tag for its “Banglar Rasogolla”. Now with Odisha also sec...
July 29 , 2019
Arunachal CM launches statewide tree plantation programme
Chief Minister Pema Khandu launched the statewide tree plantation programme ‘Clean-Green Arunachal Campaign 2019’ in Itanagar. The campaign under the State Forest department will plant 1-lakh tree saplings in the next 24 hours. On the occasion, the campaign is being held as part of Van Mahotsav celebration and has set the target of planting 1 Crore...
July 27 , 2019
Nation remembers war heroes on 20th anniversary of Kargil Vijay Diwas
The 20th Anniversary of Kargil Vijay Diwas is being celebrated across the country today. The central theme of this year's celebrations is ‘Remember, Rejoice and Renew’. The day marks the victory of Indian armed forces in Operation Vijay in 1999, when they evicted the infiltrators backed by Pakistani army from high outposts in Kargil sector. Defence...
July 26 , 2019
RIL becomes top-ranked Indian company in Fortune Global 500 list
Diversified conglomerate Reliance Industries (RIL) has become the top-ranked Indian company to feature in the latest Fortune Global 500 list. The oil-to-retail major has toppled state-run Indian Oil Corporation (IOC) as the top-ranked Indian company. RIL has attained a rank of 106 in the latest list, recording an improvement of 42 positions from it...