IMF projects India’s GDP to contract 10.3% in 2020
October 14, 2020
- The International Monetary Fund (IMF) has projected the Indian economy to contract by 10.3 per cent in 2020-21.
Axis Bank in partnership with Google Pay launches ACE Credit Card
October 14, 2020
- Axis Bank in partnership with Google Pay launches ACE Credit Card with an aim to bring a seamless, digital experience to users from application to issuance.
RBI: Maximum aggregate exposure limit for small businesses to Rs 7.5 crore
October 14, 2020
- The Reserve Bank of India (RBI) now raised banks’ maximum aggregate retail exposure limit to small businesses with turnover up to Rs 50 crore to Rs 7.5 crore, up from Rs 5 crore.
Bangladesh approves Death Penalty for Rape Cases
October 14, 2020
- Bangladesh Cabinet has approved the death penalty as a maximum punishment for rape cases and sexual assaults in the country.
Kerala: First State in India to go Digital in Public Education
October 14, 2020
- Kerala State has become the First State in India to make the Public Education Sector completely digital which has been implemented at a cost of Rs.42.36 crores.
Goa Govt partnered with India Post to get farmers enrolled in PM-KISAN scheme
October 14, 2020
- The Goa Government has tied up with India Post to get 11,000 farmers enrolled in the Pradhan Mantri Kisan Sanman Nidhi scheme.
To mark Philately Day, Stamped Mask & Virtual i-Card launched by India Post
October 14, 2020
- To mark Philately Day, Indian Post launched Stamped Mask & Virtual i-Card. The Stamped mask contains images of postage stamps imprinted on them. This virtual card containing the name, beat number, area of service, contact number and photo of the postman / postwoman.
To manage revenue shortfall, Central Government allows 20 States to raise Rs 68,000 crore
October 14, 2020
- The Department of Expenditure under the ministry of Finance permitted 20 States to borrow Rs 68,825 crore open market borrowings for GST Shortfall.
14th October is observed as World Standards Day
October 14, 2020
- Every year World Standards Day or International Standards Day is observed globally on 14 October.
- The 2020 theme is “Protecting the planet with standards”.
Nagaland’s Environment Minister C M Chang passes away
October 13, 2020
- Nagaland’s environment minister, C M Chang passed away due to COVID-19.