UAE top source of inward remittances in 2016-17: RBI
• UAE has emerged as the top source of inward remittances, while Kerala has received the maximum funds sent from
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Blockchain: Exim Bank signs MoU with BRICS development banks
• Exim Bank of India has signed the multilateral cooperation agreement with member development banks of BRICS to undertake “collaborative
Continue readingStrengthen PSB boards, IMF tells govt.
• India needs to improve the way state-owned banks are run by bolstering board-level autonomy, the International Monetary Fund said
Continue readingPM to inaugurate World Biofuel Day programme
• World Biofuel Day is observed every year on August 10 to create awareness about the importance of non-fossil fuels
Continue readingAccess to Andamans eased
• Foreigners no longer need a Restricted Areas Permit to visit 29 inhabited islands in the Andaman and Nicobar chain.
Continue readingForty-five new exoplanets discovered
• Scientists have discovered a trove of forty-four planets in the solar system beyond our own in one go, dwarfing
Continue readingCAG pulls up Centre for favouring Boeing in P-8I aircraft deal
• The Controller and Auditor General (CAG) pulled up the Defence Ministry for changing the parameters of the deal in
Continue readingNASA’s Curiosity rover completes six years on Mars
• NASA’s Curiosity rover – a mission that has spotted evidence of liquid water as well as potential signs life
Continue readingRBI must resume issuing LoUs, LoCs, says parliamentary panel
• The Reserve Bank of India’s decision to discontinue the issuance of Letters of Undertaking (LoU) and Letters of Credit
Continue readingStoring copies of foreign payment firms data a likely solution
• Foreign payment firms could keep copies of customer data in India while retaining offshore storage operations, the government said,
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