The double-digit inflation for many years is often listed as one of the most stellar achievements of Sonia Gandhi’s rule (2004 to 2014). Another double-digit achievement during her rule, that is often not given the due it deserves, is the home loan interest rates. The aspiring middle class was investing in buying a home for themselves. … Read more
The Reserve Bank of India on 20 March advised all banks dealing with government transactions to open their branches on 31st March, Sunday. The central bank issued the advisory to the agency banks at the request of the union government. The Government of India requested all agency banks to keep their branches dealing with government receipts and … Read more
The High-Level Committee on ‘One Nation One Election’ led by former President Ram Nath Kovind in its report recommended that in the event of a hung House, a no-confidence motion constitutes the new House, fresh elections may be held for the remainder of the five-year term. Where fresh elections are held for the House of … Read more
On 12th March, the Ministry of Home Affairs declared that every year henceforth, the 17th of September will be observed as the ‘Hyderabad Liberation Day’. Noting that the erstwhile territory of Hyderabad did not get independence as the rest of India for 13 months after August 1947 and it was only on 17th September 1948 … Read more
The Supreme Court on Monday, 18th March, dismissed an application filed by Assocham, FICCI and CII opposing the pleas that sought the disclosure of the invisible alphanumeric numbers embossed on electoral bonds. These numbers would reveal the details of who including which company donated money to whom through electoral bonds. Appearing for the industry bodies was senior … Read more
The Ministry of Consumer Affairs, Food and Public Distribution has informed that the Narendra Modi-led-Central government has spent ₹15.6 lakh crores on subsidies for food grains since 2018. The Union Ministry made the revelation in its Right to Information (RTI) reply on 5th March this year. An RTI was filed by activist Piyush Tripathi, seeking … Read more
Arrogance is the last trait a sportsman should exude. However, when arrogance takes over a sportsperson’s mind, it has dire repercussions. A classic case of this was seen on Sunday (10th March) when wrestler Bajrang Punia was eliminated from the Paris Olympics qualification race. For the last few months, Punia has been engaged in everything other than … Read more
The Election Commission of India on Thursday released the data of Electoral Bonds bought by various entities from the State Bank of India and the recipients of such bonds. The data was published in two sheets, one gives the detail of purchasers of the Electoral Bonds from 12 April 2019 to 11 January 2024, and the other … Read more
In a move towards bolstering India’s position as a manufacturing powerhouse for electric vehicles (EVs), the Union Government has greenlit a comprehensive scheme aimed at attracting investments in the EV sector and promoting indigenous manufacturing of EVs equipped with cutting-edge technology. According to a press release, the policy, approved by the Ministry of Commerce and … Read more
Prime Minister Narendra Modi on Tuesday reaffirmed India’s commitment to safeguarding freedom of navigation and combating piracy and terrorism in the Indian Ocean region. His remarks came in response to a message from Bulgarian President Rumen Radev, expressing gratitude for the safe return of seven Bulgarian nationals. On Monday, the Bulgarian President expressed his gratitude … Read more