कोरोना का असर, फिर लाल निशान पर खुला बाजार, 30,000 के नीचे सेंसेक्स

विस्तार सप्ताह के पहले कारोबारी दिन यानी सोमवार को बाजार लाल निशान पर खुला। बॉम्बे स्टॉक एक्सचेंज का प्रमुख इंडेक्स सेंसेक्स 1070.59 अंक यानी 3.59 फीसदी की गिरावट के साथ 28745 के स्तर पर खुला। वहीं नेशनल स्टॉक एक्सचेंज का निफ्टी 284.65 अंक यानी 3.29 फीसदी की गिरावट के साथ 8375.60 के स्तर पर खुला। प्रधानमंत्री नरेंद्र मोदी ने पूरे देश में 21 दिन के लॉकडाउन का एलान किया है।  दिनभर के अपडेट्स9.55 AM – घरेलू बाजार में थोड़ा सुधार आया। हालांकि सेंसेक्स अब भी 535.10 अंक की गिरावट के बाद…

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Amazon’s largest campus in the world inaugurated in Hyderabad

Amazon has opened its largest campus in the world in Hyderabad. The campus covers 1.8 million square feet and can accommodate 15,000 workers. This is Amazon’s first owned-building outside of the US and and is also its largest tech base outside the Seattle headquarters, which has about 155,000 contract employees. Highlights Amazon has inaugurated its world’s biggest campus building in India. Amazon’s Hyderabad campus is spread across 9.5 acres of land. This is the first building owned by Amazon outside the United States. Benefits India needs to encourage ecommerce and…

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Prime Minister Narendra Modi’s visit to Bhutan Highlights

Prime Minister Narendra Modi was on a two-day visit to neighbouring country Bhutan to explore ways to further strengthen and diversify bilateral partnership across several sectors. This is PM Modi’s 2nd visit to Bhutan and 1st since his re-election in May 2019. On reaching Thimphu (Capital of Bhutan), he was welcomed by Lotay Tshering, Prime Minister of Bhutan and received a Guard of Honour. Key Highlights Sapling palnted at Bhutan’s historic Simtoka Dzong, PM Modi planted a Cypress tree sapling at historic Simtoka Dzong in Thimpu in presence of his…

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Sadbhavana Diwas: 20 August

Sadbhavana Diwas is celebrated on 20 August every year to commemorate the birth anniversary of former Prime Minister Rajiv Gandhi. This year will be the 75th Birth Anniversary of Rajiv Gandhi. On this day national integration, peace, love, affection and communal harmony among all Indians are encouraged. Shri Rajiv Gandhi was born on August 20, 1944, in Bombay. At 40, Mr Rajiv Gandhi was the youngest Prime Minister of India. Sadbhavana Diwas The Sadbhavana (means having good feelings for others) Diwas or Harmony Day is celebrated to commemorate the birth…

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Government relaxes norms for shares with differential voting rights

In a fillip to startups, the government has relaxed norms for shares with differential voting rights that will help such companies to retain control while raising equity capital. The corporate affairs ministry has amended the Companies (Share Capital & Debentures) Rules under the Companies Act. Changes The existing cap of 26 % of total post issue paid up equity share capital raised to 74 % of total voting power in respect of shares with DVRs of a company. The earlier requirement of distributable profits for 3 years for a company…

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Inter-State Portability of Ration Card Begins In 4 States, Across India By June 2020

In a bid to implement ‘One Nation, One Ration Card’ across the country by June 1, 2020, the Centre on Friday kick-started inter-state portability of ration card between Telangana-Andhra Pradesh as well as Maharashtra-Gujarat. This means beneficiaries living in Telangana and Andhra Pradesh can buy their quota of ration from the Public Distribution System (PDS), also called ration shops, in either of the state. Similar would be the case in Maharashtra and Gujarat. Inter-State Probability The inter-state portability of ration cards is undertaken pairing two States each viz Telangana and…

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One Nation – One Ration Card Scheme

To sustain the reforms brought in by scheme on ‘End to End Computerization of Targeted Public Distribution System (TPDS) Operations’ the Department of Food & Public Distribution has launched a new scheme namely “Integrated Management of Public Distribution System (IM-PDS)” for implementation during 2018-19 and 2019-20. Targeted Public Distribution System The Public Distribution System (PDS) evolved as a system of management of scarcity and for distribution of food grains at affordable prices to BPL families. Government of India re-launched the Targeted Public Distribution System (TPDS) in June, 1997. Public distribution…

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Samjhauta Express Verdict

The Pakistan Railways Minister Sheikh Rashid Ahmed declared a decision that Samjhauta Express services will be permanently stopped on 8th August. It also said that the people who had already purchased their tickets can get their money reimbursed from Lahore DS office. Despite the announcement Indian Railways maintained that the train that runs between the 2 neighbouring countries has not been suspended and it will run normally. Reason for the issue The decision of Pakistan follows after after the resolution revoking Article 370 was passed by the Parliament of India.…

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Union HRD Minister and Union Minister launch ‘Samagra Shiksha-Jal Suraksha’ Drive for School Students

Union HRD Minister Sh. Ramesh Pokhriyal ‘Nishank’ and Union Minister for Jal Shakti Sh. Gajendra Singh Shekhawat launched ‘Samagra Shiksha-Jal Suraksha’. In order to create awareness about water conservation among people this mega drive targets to connect more than 10 crore people with this programme. He appealed spread awareness about water conservation in your societies and school, home and locality on the lines of Swachh Bharat Abhiyan. Inspired by Modi ji Jal Sanchay as apart of Jal Shakti Abhiyan (JSA). Samagra Shiksha-Jal Suraksha The programme implement from the school to…

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ADB to Provide Financial Support for All-Weather Rural Road Project in Maharashtra

Asian Development Bank (ADB) has approved a USD 200 million loan for improving road infrastructure in 34 districts of Maharashtra to better connect rural areas with markets and services. Roads in rural areas would be upgraded to all-weather standards which will boost links between local residents and economic centers across the state. Highlights It highlighted that Maharashtra accounted for almost 15 per cent of the gross domestic product in 2016-17. However, economic development is concentrated around the urban centers of Mumbai, Pune, and Thane. About 20 million people, or 17…

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