MoU for data exchange
A Memorandum of Understanding (MOU) was signed between the Ministry of Corporate Affairs (MCA) and the SEBI for data exchange between the two regulatory organisations.
Revised norms to deal with stressed assets
The Reserve Bank of India released fresh guidelines to deal with bad loans after the Supreme Court quashed its 12 February, 2018, circular.
Policy on artificial intelligence and cyber security
The NITI Aayog has come up with a policy on artificial intelligence and cyber security and it would be taken up by the Union Cabinet soon.
Ecologists have 596 reasons to cheer
Scientists and taxonomists have documented 596 new species of flora and fauna from India in the year 2018.
Election panel wants to revisit rule on punishment to voters for false mismatch claims
The Election Commission may “revisit” a rule that provides for prosecution of an elector if a complaint of EVM and VVPAT machine malfunction turns out to be false.
Service Sector in India
As per a monthly survey, India’s services sector activity increased at the slowest pace in a year in May.
Repo Rate
The Reserve Bank of India (RBI) cut the benchmark repo rate by 25 basis points (bps) for the third time in a row.
Indian Navy Environment Conservation Roadmap (INECR)
Navy steams ahead with its plans to go ‘green’.
PM to head panel on economic growth
The government set up a 10-member Cabinet Committee on Employment and Skill Development with Prime Minister Narendra Modi as its chairman.
H1B visa
There was a sharp 10% decline in the approval of H-1B visas by the U.S. in the fiscal year 2018.