India enters semifinals

India enters the semi finals in world cup T20 with its massive victory against Australia at Mohali. 

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The Vice-Captain Virat Kohli played an interesting cricket with a magnificent batting.

8th BRICS Summit

The 8th BRICS Summit will be held in Goa in October. The last BRICS Summit was held in the Russian city of Ufa.

The Indian Foreign Minister unveiled the logo for India’s BRICS presidency in New Delhi. Over fifty ministerial and official meetings and events will be organized through the year.

Narendra Modi launched “Kisan Suvidha.”

Prime Minister Narendra Modi on Saturday launched a mobile application for farmers – “Kisan Suvidha.”

The “Kisan Suvidha" will provide information to farmers on subjects such as weather, market prices, seeds, fertilizers, pesticides and agriculture machinery.

Prime Minister Narendra Modi inaugurated the three-day 'Krishi Unnati Mela'

Prime Minister Narendra Modi inaugurated the three-day 'Krishi Unnati Mela' providing information on new farm schemes and technologies.

Modi will give away 'Krishi Karman Awards' to states and progressive farmers who have made outstanding contribution in the field of agriculture. 

UJALA- Unnat Jyoti by Affordable LEDs for All

Union Minister for Power, Coal and Renewable Energy Piyush Goyal today announced the name ‘UJALA’ for the LED based Domestic Efficient Lighting Programme, which is currently running successfully in over 120 cities across India.

UJALA, an acronym for Unnat Jyoti by Affordable LEDs for All, is being implemented by Energy Efficiency Services Limited (EESL). 

India to supply new diesel electric locomotives to Myanmar

India is planning to supply 18 metre gauge diesel electric locomotives to Myanmar. It will help to meet increasing demand for passenger and freight traffic. The supply contract of locomotives is a vital project being funded under an existing line of credit extended to Myanmar by the Indian government.

"RITES is making all efforts to augment export of rolling stock manufactured at railway production units. Response from Southeast Asian markets is very encouraging," said Rajeev Mehrotra, chairman and MD, RITES.

Govt Eases Norms for MSMEs

The Government of India had relaxed procurement norms for  MSMEs - micro, small and medium startups with a view to enable these ventures to be part of its public procurement.

NCRB launched FICN compilation system portal

NCRB-The National Crime Record Bureau launched FICN compilation system portal to easily compile the precise data of Fake Indian Currency Notes (FICN) circulated across the country.

Crompton Greaves share raised

Crompton Greaves said that it will sell its transmission and distribution business outside India to a US private equity fund. 

Meanwhile, the shares of Crompton Greaves raised nearly 9%.  The stock after a positive opening further jumped 8.7% to Rs 151.80 on BSE. On NSE, it rose sharply by 8.89% to Rs 151.85.

Will RBI cut Base points?

RBI, Reserve Bank of India is expected to go for a 25 basis points rate cut on or before its scheduled policy.

"RBI needed to inject about $30 billion in FY17 to fund 5.5 per cent growth ," BofA-ML said in a research report adding that "on balance, we expect Governor Rajan to cut rates by 25 bps by April 5".

Re-categorisation of industries

The re-categorisation exercise was carried out over the last one year. This is a landmark decision to give a fair picture of the industries.

Re-categorisation of industries based on their pollution load is a scientific exercise. The old system of categorisation was creating problems for many industries and was not reflecting the level of pollution caused by these. The new categories will remove this lacuna, Javadekar said.

Google to provide Internet in Rural Areas

Google, the world’s largest search engine last year reorganised itself as Alphabet and it is currently in talks with a number of local telecom operators to kickstart its ambitious Google Loon project. Google’s CEO Sundar Pichai managed to secure support for the project from the government.