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Know About ISRO Unsuccessful PSLV-C39-IRNSS-1H

New Delhi (ABC Live): PSLV-C39-IRNSS-1H : The forty first flight of India’s Polar Satellite Launch Vehicle (PSLV-C39), conducted today (August 31, 2017) evening from Satish Dhawan Space Centre SHAR, Sriharikota, was unsuccessful. PSLV-C39 had a normal lift-off at 1900 hrs IST (7:00 pm) and all the flight events took place exactly as planned, except heat shield separation.  This resulted in …

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NITI Aayog Releases State Statistics Handbook

New Delhi (ABC Live): State Statistics Handbook : NITI Aayog has developed a State Statistics Handbook that consolidates key statistics across sectors for every Indian State/UT. While the State data on crucial indicators is currently fragmented across different sources, this handbook provides a one-stop database of important State statistics. Starting with Gross State Domestic Product (GSDP), the State Statistics Handbook …

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India Implements Indian Army Reforms

New Delhi (ABC Live) : Indian Army Reforms : In a first ever exercise after Independence, the Ministry of Defence in consultation with the Indian Army has decided to reform the Indian Army in a planned manner. These decisions were approved by the Defence Minister Shri Arun Jaitley after an extensive consultation with all stakeholders. The first phase of the …

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Cabinet Approves India-Israel MoU for Innovation Fund

New Delhi (ABC Live): India-Israel MoU : The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved a Memorandum of Understanding (MoU) between India and Israel on “India-Israel Industrial R&D and Technological Innovation Fund (I4F)”. The MoU was concluded in July, 2017 India and Israel will make an contribution of four million US Dollars each for the Fund, both …

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Election Commission MoU with International Agencies

New Delhi (ABC Live): Election Commission : The Union Cabinet chaired by Prime Minister Shri Narendra Modi has approved the proposal of the Election Commission of India to enter into Memorandum of Understanding (MoU) on cooperation in the field of electoral management and administration with the Election Management Bodies of other countries/International Agencies. These are as follows: i. The National …

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RBI Recovers 99 percent of Specified Bank Notes

New Delhi (ABC Live): Specified Bank Notes :The RBI Annual Accounts for 2016-17, at note XI.6.2 Liabilities of Issue Department – Notes Issued in para (ii) mentions – “Until June 30, 2017, Specified Bank Notes (SBNs) were received by the Reserve Bank either directly or from bank branches/post offices through the currency chest mechanism.  Some of these SBNs are still lying in …

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India Invites Comments on New Industrial Policy

New Delhi (ABC Live); New Industrial Policy The Department of Industrial Policy and Promotion, Ministry of Commerce and Industry initiated the process of formulation of a new Industrial Policy in May 2017. Since the last Industrial Policy announced in 1991, India has transformed into one of the fastest growing economies in the world. With strong macro-economic fundamentals and several path …

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India Collects is Rs 92,283 Crore GST in One Month

New Delhi (ABC Live): GST :The Goods and Services Tax (GST) tax was introduced on 1st of July, 2017.  The last date for payment of GST for the month of July 2017 was 25th August, 2017.  The last date for filing returns in cases, where the taxpayer wanted to avail transitional credit was 28th August, 2017 and, in all other cases, it was …

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NITI Aayog Takes U-Turn on Ease of Doing Business Report

New Delhi (ABC Live):NITI Aayog :The document released on Ease of Doing Business report on August 28, 2017 in New Delhi is based on an Enterprise Survey, conducted jointly with the IDFC Institute. The report itself states that it is meant to be a research document and its contents do not represent the views of the Government of India or …

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India China Resolve Doklam Issue Peacefully

New Delhi (ABC Live); Doklam : The 71-day military standoff at Doklam, on the tri-junction of the Indian, Chinese and Bhutanese borders, has been defused without armed confrontation and bloodshed. China and India have reached an agreement to withdraw troops from Doklam in the Himalayas, which had become a potential flashpoint between the two giant Asian powers. China’s foreign ministry …

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