GS-III

The Union Cabinet on Wednesday gave its approval to the government’s decision to reduce its stake in IDBI Bank below 50%, with Life Insurance Corporation raising stake in the bank to 51%. The boards of IDBI Bank and LIC have both given their approval for the deal. This policy will …

An IRDAI working group on InsurTech has indicated support for the use of technology that aids in more scientific pricing of insurance policies and facilitates ease of business for both the insurer and the insured. On the use of wearable and portable devices, the group said the devices must be …

Reserve Bank of India (RBI) Governor Urjit Patel has flagged the risks to macroeconomic stability from a potential ‘currency war’ in the wake of rising global trade tensions and said the central bank’s decision on Wednesday to raise interest rates was aimed at firmly anchoring inflation expectations. “RBI’s statements on …

The government told the social media platforms that fake news or abusive news could not be circulated and re-circulated to “create crimes”, Mr. Prasad said. “Therefore, the origin of those news should also be technologically answered. I have made it clear to them that it does not need rocket science …

A GI product is primarily an agricultural, natural or a manufactured product (handicraft and industrial goods) originating from a definite geographical territory. Darjeeling Tea, Tirupati Laddu, Kangra Paintings, Nagpur Orange and Kashmir Pashmina are among the registered GIs in India. Mr. Prabhu said the initiative would help promote awareness and …

Former West Bengal Governor Gopalkrishna Gandhi has been chosen for this year’s Rajiv Gandhi Sadbhavana Award for promoting communal harmony and peace. The award carries a citation and a cash award of Rs. 10 lakh. Sadbhavana Award has been given to Gopalkrishna Gandhi for his outstanding contribution towards the promotion …

The water quality in the Yamuna has improved significantly due to a rise in inflow of floodwaters, and the river is at its “healthiest” this year, experts have said. The improvement in quality is largely due to the increased oxygen content in the water, which cleanses the river and helps …

A delegation, led by Union Minister for Statistics and Programme Implementation D.V. Sadananda Gowda, met Union Minister for Environment, Forest and Climate Change Harshvardhan in Delhi on Tuesday to urge him to take steps to retain the Research Centre and International Coconut Gene Bank for South Asia of the Central …

Coimbatore Corporation, which has been participating in the Central Government’s survey of ranking cities on cleanliness, is now gearing up to participate in its STAR ranking system, which starts from August 2018. Under the Swachh Bharat Mission, the Government’s Ministry of Housing and Urban Affairs has introduced STAR ranking to …

Study claims increase in cases of chronic cough and asthma among children Multiple studies have documented the toll that poor air quality takes on our lungs and overall health. In Bengaluru, rising air pollution has resulted in an increase in the prevalence of chronic cough among children and teenagers under …

Telangana recorded its highest, to date, power demand of 10,429 mw on Tuesday with the consumption by the agriculture sector witnessing a sharp increase due to dry spell for over a week now. It eclipses the previous high load of 10,284 mw met on March 8 this year after the …

Maharashtra Chief Minister Devendra Fadnavis said on Tuesday that any reservation extended in a hurry to the Maratha community will not stand up in court, while the BJP ally Shiv Sena stirred the quota pot further by asking the State government to extend reservation to Dhangars and Kolis as well. …