Government

India ban on Chinese companies from highway projects

India ban chinese companies

In the series of diplomatic actions against China, now India will ban Chinese companies from taking part in the highway projects in India. Let us understand this update in detail.   Reason for India ban on Chinese companies in highway projects After the clash in the Galwan valley, the relationship between India and China has … Read more

Floating Rate Savings Bonds 2020 launched by Government!

Floating Rate Savings Bonds

The government has now launched a mega-saving scheme: The Floating Rate Savings Bonds 2020. As we all know, due to COVID-19 Crisis, the rate on Savings Account and FD is decreasing every day. If you want to save your money or invest it, India’s Government has launched a new scheme for you. This scheme is … Read more

International Flights likely to Resume by mid-July

International Flights

Another Good news amid COVID-19 is that International flights are likely to resume by mid-July, say sources.    Impact of COVID-19 on International flights As we all know, COVID-19 caused the crisis to all nations in different ways. India is also in one of the most affected countries by Covid-19. The economic sector in India … Read more

India to Boycott Chinese Smartphones and Smartphone Components

Boycott Chinese Smartphones and Smartphone Components

The whole nation is determined to boycott Chinese smartphones and smartphone components. As we all aware of the recent clash between India and China on the Sino-Indian border, along the Line of Actual Control (LAC). India lost 20 soldiers, so there is widespread call all over the nation to boycott china and its products. Govt … Read more

Centre asks not to use Chinese equipment for 4G upgradation 

No china in 4G upgradation

The Government has asked to not use any Chinese telecom equipment during its 4G upgradation by the Department of Telecom (DOT).  In the view of the country’s security the sources of government have told the ministry has decided to “firmly tell BSNL” not to use Chinese equipment. Even the private telecom operators are to urge not … Read more

Startups Can Now Issue ESOPs till 10 Years!

startups issue esops

The government has now allowed the startups to issue ESOPs i.e. Employee Stock Ownership Plans to their employees for a period of 10 years from their registration as a startup. This is one of the Government Policies to encourage startup growth and entrepreneurship. Earlier, the limit to issue ESOPs or shares to the employees was … Read more

Uttar Pradesh Govt Provides Interest Relief to Builders

Uttar Pradesh govt provides interest relief to builders

There is a piece of good news for the residents of UP. The Uttar Pradesh govt provides interest relief to builders of different districts of UP. The UP state government has reduced the rate of interest on the land dues so that it can help many people.   3 Administrations where Uttar Pradesh Govt Provides … Read more

New COVID-19 Guidelines for Government Offices

covid-19 guidelines for government offices

Amid the Lockdown 5.0, the government has now released new COVID-19 Guidelines for Government Offices. With the start of Lockdown 5.0 also known as Unlock 1.0, the Indian Government has begun new methods to resume various activities. As a part of Unlock 1.0, the Union government has released 13 point guidelines for government offices, which … Read more

Unlock 1.0: Health Ministry issues SOP for opening Public Places

Unlock 1.0 SOP

The world is fighting a silent war with Coronavirus but the fact is it is impossible to remain at home for years, therefore, Lockdown 5.0 or Unlock 1.0 has been introduced now. India is the country that has united and doing every bit of effort to save corona patients.    Overview of Unlock 1.0 aka … Read more

Banks seek RBI’s Permission to Restructure ₹3 Lakh Crore Loans

bank restructure ₹3 lakh Crore loans

The nationalized banks have recently sought RBI’s Permission to restructure ₹3 Lakh Crore Loans that were announced by the government under the Atmanirbhar Bharat Package. Let us first study the ₹3 Lakh Crore Loans assured by the government.   Case of Collateral-free ₹3 Lakh Crore Loans Scheme As the COVID-19 Crisis has affected many industries … Read more