Category Business standard

Shishu Loans

• Union Cabinet approved a scheme for interest subvention of 2% for a period of 12 months, to all Shishu loan accounts under Pradhan Mantri Mudra Yojana (PMMY) to eligible borrowers. About: • The scheme will be extended to loans…

Real-time electricity market

• The country’s two power exchanges — Indian Energy Exchange (IEX) and Power Exchange India (PXIL) — commenced real-time electricity market (RTM) on their platforms. About: • The RTM enables consumers, including distribution companies (discoms) and captive users, to buy…

Bharat Padhe Online

• The Union Minister of Human Resource Development Ramesh Pokhriyal launched a week-long ‘Bharat Padhe Online’ campaign for crowdsourcing of ideas for improving the online education ecosystem of India. About: • Union Minister said that this campaign aims to invite…

NHAI

• Amid the coronavirus gloom is a positive news on the road construction front as the National Highways Authority of India (NHAI) on Monday announced it has completed constructing 3979 km of highways in the financial year 2019-20. About: •…

Payment aggregator services

• The Reserve Bank of India has formalised guidelines for regulating the activities of payment aggregators (PAs) given the important functions of these intermediaries in the online payments’ space. Key features of new guidelines: • Payment Aggregators (PAs) are entities…

World Water Day 2020

• The World Water Day 2020 was observed on 22nd March with theme “Water and Climate Change.” About: • World Water Day is an annual UN observance day observed on 22 March. • To advocate for the sustainable management of…