The Government of India and the Asian Development Bank (ADB) signed a $175 million loan agreement to support construction of high voltage transmission systems to evacuate power generated from new mega solar parks to the interstate grid, and improve reliability of the national grid system. The loan will be given to the Power Grid Corporation […]
India’s economic growth will accelerate to 7.4% during 2017-18, and go up further to 7.6% in the next fiscal, as the impact of demonestisation fades and as reforms pick up pace, the Asian Development Bank (ADB) said on 6th April 2017. With more than 7% growth, ADB said India will continue to outpace China […]
The Andhra Pradesh government has announced NTR National Film Award to renowned singer S.P. Bala Subramanyam for 2012 and to Hindi film actor Hema Malini for 2013. The NTR award carries a cash award of Rs. 5 lakh and a citation. The State government revived the presentation of four prestigious awards instituted in the name […]
PV Sindhu beats Spanish Olympic champion Carolina Marin in the final of the Yonex India Open World Superseries to clinch maiden title.
President Pranab Mukherjee has given his assent to the Finance Bill 2017 to give effect to provisions like bar on cash transactions above Rs 2 lakh and compulsory quoting of Aadhaar for filing tax returns. With this, the provisions of the Finance Bill come into effect from 1st April 2017.
The Norwegian Academy of Science and Letters has awarded the Abel Prize for 2017 to mathematician Yves Meyer of the Ecole normale superieure Paris-Saclay, France, for his “pivotal role in the development of mathematical theory of wavelets.” The theory of wavelets that he started and made fundamental contributions to finds wide-ranging applications from image processing […]
Australia’s David warner was honoured with the prestigious Allan Border Medal for the player of the year in a ceremony on January 23, 2017. Winning this honour of the cricket Australia, Warner became just the fourth player to win back-to-back Allan Border Medal after Ricky ponting, shane Watson and Michael Clark. Warner gained 269 votes […]
Gujarat clinched its maiden Ranji Trophy title for 2016-17, beating Mumbai by 5 wickets in the final on January 14, 2016 at the Holkar Cricket Stadium, Indore. Mumbai set the target of 312 runs before Gujarat to win the title. Gujarat achieved the target at its five wickets cost with the help of fabulous 143-run […]
Punjab Agricultural University in Ludhiana has announced that it has developed the country’s first genetically-modified varieties of cotton – the seeds of which could be reused by farmers with no commercial restrictions, resulting in savings on repeat purchases every season. The Indian Council of Agricultural Research (ICAR) has identified three Bt cotton varieties – PAU […]
The Cabinet has given the go-ahead to the merger plan of SBI and its five associates, a step aimed at strengthening the banking sector through consolidation of public banks. The associate banks which will be merged with SBI are State Bank of Bikaner & Jaipur (SBBJ), State Bank of Mysore (SBM), State Bank of Travancore […]