The Reserve Bank of India (RBI) has approved a payout of rupees 1,76,000 crore dividend and surplus reserves to the central government.
The record transfer, including a surplus of Rs 1,23,414 crore for the year 2018-19 and Rs 52,637 crore of excess provisions identified as per the revised Economic Capital Framework (ECF).
It will boost the government's finances at a time it strives to tackle a nearly five-year low economic growth with lakhs of estimated job cuts across sectors, and defend its ambitious target of containing fiscal deficit at 3.3% of the GDP.
American company- Intel Corporation has launched it's first Artificial Intelligence chip- Springhill, specially designed for large computing centers.
....
The 7th Community Radio Sammelan was unveiled by Shri Amit Khare (age 58 years), Secretary, Ministry of Information & Broadcasting at Dr. BR Ambedkar Bhawan, New Delhi f....
1. The PM Modi led government announced 2018 Tenzing Norgay National Adventure Award to recognize the achievements of persons in the fields of adventure.2. The objective for ....
The Ministry of Chemicals and Fertilizers headed by Shri D.V. Sadananda Gowda (age 66 years) launched a new Mobile App- Janaushadhi Sugam.
Due to this mobile app, ....