GS-III

Only 10 States have revenue deficit of over 20%, says Jaitley The average revenue shortfall of States due to the Goods and Services Tax has fallen to 13% in the ongoing financial year up to August 2018, from 16% in 2017-18, Finance Minister Arun Jaitley said on Friday after the …

There is a dire need to develop and deepen the debt market, says the MD of Sundaram Finance Rates may have eased in the shorter-end with the Reserve Bank of India (RBI) relaxing the SLR (statutory liquidity ratio) norms but liquidity, especially in the longer-end, is a challenge, according to …

Bank had to cut promoters’ stake to 40% by August 22 which was not done The Reserve Bank of India (RBI) has cracked the whip on Bandhan Bank freezing the remuneration of its MD and CEO Chandra Shekhar Ghosh for not bringing down promoters’ shareholding in the bank to 40% …

Garden Reach extends IPO closure date, lowers price band to get fully subscribed The underlying weakness of the secondary markets and increased volatility have taken a toll on the primary market with two issues, including a government-backed offering, facing difficulties in getting fully subscribed. Garden Reach Shipbuilders & Engineers — …

Assam has witnessed a 10-fold rise in child marriages since 2015-16 with 317 instances recorded during 2017-18, said Social Welfare Minister Pramila Rani Brahma in the Assembly on Friday. Kamrup district with 59 such instances this year topped the list.PTI Source : https://www.thehindu.com/todays-paper/tp-national/317-child-marriages-in-assam-during-2017-18-minister/article25076623.ece

Swedish Air chief on tech transfer If India chooses the Gripen fighter jet, then the choice of the private Indian company to partner with Sweden’s SAAB to build the aircraft should be the Indian Government’s and “nobody else’s”, Swedish Air Force chief Major General Mats Eric Helgesson said on Thursday. …

  Global Language Park in Pune to promote linguistic diversity In what is certainly the first such experiment in the country, and perhaps the world, the eminent linguist Ganesh Devy plans to set up a Global Language Park ( bhasha van in Hindi) in Pune. It will be located on …

Kerala government will have to scale up security and provide more facilities Crowd management and scaling up of security infrastructure in Sabarimala and its precincts to host thousands of women pilgrims following the Supreme Court verdict will throw new challenges for the Kerala government and the Travancore Devaswom Board. Board …

The district has now become the grain basket of the State, says Chief Minister Patnaik In the 1980s, Kalahandi was a synonym for poverty. Today, Odisha’s western district is ready to shed its image of being a land of perpetual poverty. The progress made by the district in different fields …

Orders preparation of action plans within two months Taking suo motu cognisance of a report in The Hindu on the increase in polluted river stretches in the country, the National Green Tribunal (NGT) has directed all States and Union Territories to prepare action plans within two months. Stating that the …