Tata Group took over the ownership of national carrier Air India on January 27, 2021 with the completion the strategic disinvestment with transfer of 100 per cent shares of Air India to M/s talace Pvt Ltd along with management control. The Strategic Partner (M/s Talace Pvt Ltd is a wholly owned subsidiary of M/s Tata […]
As the current fiscal year is coming to an end, India’s prospects of economic recovery amid the restrictions due to spread of the Omicron variant of Corona is being watched with interest in the country as well as abroad. It is because India is expected to act as engine of growth to drive the global […]
River banks had been the cradles of civilizations. The rivers across the globe contribute to the local economies and transport apart from providing drinking and irrigation water and creating a sense of aesthetics attracting tourists and even the pilgrims in the countries like India. Here is a brief introduction about the biggest rivers in the […]
Reverse repo rate is used by banks to park their surplus with RBI. As Triparty Repo Dealing and Settlement (TREPS) and call money rates are ruling higher than the reverse repo rate, it is necessary to raise repo rate to keep it attractive for banks to park their surplus with the RBI. Reverse repo rate […]
The Himalayas The Himalayas or Himalayan mountain ranges, situated in Asia, separate the plains of the Indian subcontinent from the Tibetan Plateau. The range has some of the planet’s highest peaks, including the highest, Mount Everest. Over 100 peaks exceeding 7,200 m (23,600 ft) in elevation lie in the Himalayas. By contrast, the highest peak outside Asia (Aconcagua, in the Andes) is 6,961 m (22,838 ft) tall. […]
Pandit Jasraj– Pandit Jasraj died on 17 August 2020. He was an Indian classical vocalist, belonging to the Mewati gharana .His musical career spanned 75 years resulting in national and international fame, respect and numerous major awards and accolades. His legacy includes memorable performances of classical and semi-classical vocal music, classical and devotional music, albums and film soundtracks, innovations […]
Industrial growth in India is measured by growth in eight core industries index. Index of Eight Core Industries (ICI) basically measures the combined and individual performances of production in selected eight core industries: Coal, Crude Oil, Natural Gas, Refinery Products, Fertilizers, Steel, Cement and Electricity. Overall, the eight industries mentioned above comprise 40.27 per cent of the […]
The COVID- 19 pandemic posed the most formidable economic challenge to India and to the world in a century. Governments and central banks across the world deployed a range of policy tools to support their economies such as lowering key policy rates, quantitative easing measures, loan guarantees, cash transfers and fiscal stimulus measures. India’s GDP […]
Russian President Vladimir Putin visited India on December 6. Although the visit was short, he met Indian Prime Minister Narendra Modi and discussed various issues of bilateral interest including the ongoing delivery of the S-400 missile defence systems. Putin’s visit is seen as an effort to repair the damage done to the relationship over the […]
