GS-III

The boards of Bank of Baroda (BoB), Vijaya Bank and Dena Bank, on Wednesday approved the share swap ratio for the proposed merger. Vijaya Bank and Dena Bank shareholders will get 402 and 110 shares of BoB, respectively, for every 1,000 shares held. The Union Cabinet approved the amalgamation of …

The Tamil Nadu Pollution Control Board (TNPCB) has rejected Vedanta Ltd.’s request for renewal of consent to operate the Sterlite Copper smelter at Thoothukudi. Citing an appeal filed by it and the State government in the Supreme Court on Wednesday against the National Green Tribunal’s (NGT) order in the matter, …

The government on Wednesday introduced a Bill in the Lok Sabha that will allow individuals to voluntarily offer biometric ID Aadhaar as a means of identity verification for obtaining services like opening a bank account and getting a mobile phone connection. The Bill, which seeks to amend three separate laws …

Two young women entered the Sabarimala Ayyappa temple in Kerala under police cover in the early hours of Wednesday, triggering anti-government protests across the State. The women in their 40s — Bindu from Kozhikode and Kanakadurga from Malappuram — reached the foothills around 1.30 a.m. at Pampa, from where they …

It is dedicated to Urdu writer Razia The second edition of Parallel Literature Festival (PLF), which started last year as an answer to the Jaipur Literature Festival, will be organised here from January 27 to 29 to provide a forum to distinguished personalities from the fields of literature, art, culture …

Start-up uses artificial intelligence to identify behavioural changes to improve employee satisfaction Technology companies like to promote artificial intelligence’s potential for solving some of the world’s toughest problems, like reducing automobile deaths and helping doctors diagnose diseases. A company started by three former Google employees is pitching AI as the …

‘Project Trinitea to create better value’ Recognising the rising importance of small tea growers (STG) in the supply chain, tea estates in North India are testing a project called ‘Trinitea,’ which aims at providing support to the STG at the farm and market level. A MoU was signed between the …

It is now cheaper than petrol, diesel Aviation turbine fuel (ATF) prices have been cut for the second month in a row by a record 14.7% for the month of January 2019, according to a notification issued by Indian Oil Corporation and other State-owned oil marketing companies. Jet fuel will …

Poor consumer sentiment hurts sales Maruti Suzuki sold more than 1.19 lakh passenger vehicles (PVs) in the domestic market in December 2018, an increase of 1% from the over 1.18 lakh units sold in the year-ago month. The company said while the sales of mini segment cars (Alto and Wagon …

Loans of up to Rs. 25 crore eligible for relaxation of provision Following a demand from the government for a debt recast package for micro, small and medium enterprises (MSMEs), the Reserve Bank of India (RBI) has relaxed the provisioning norms for lenders for restructuring loans of up to Rs. …