Top Current Affairs of the day: 15 March 2020

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Last Updated: Mar 15, 2020 09:00 IST

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  • RBI revised exposure limits for UCBs

    464 days ago
    Reserve Bank of India (RBI) revised exposure limits for urban cooperative banks (UCBs) to a single borrower and a group of borrowers to 15% and 25%, respectively, of tier-I capital. Highlights: ♦ Previously, the UCBs were permitted to have exposures of up to 15% and 40% of their capital funds to a single borrower and a group of borrowers,... Read More

    Bill Gates stepped down from the Microsofts board

    464 days ago
    Microsoft co-founder Bill Gates stepped down from Microsoft's board. Microsoft did not announce any replacement for Gates on the board. Gates also announced that he would be stepping down from the board of Berkshire Hathaway. Since 2004, he has served as a director of Berkshire Hathaway. His departure reduced the number of Microsoft directors... Read More

    GoI hiked Excise duty on petrol and diesel by Rs.3 per litre

    464 days ago
    Government hiked the Excise duty on petrol and diesel by Rs.3 per litre on 14 March. The move is due to the fall in international oil prices. Hike on Petrol & Diesel: ♦ Special excise duty on petrol was hiked by Rs.2 to Rs.8 per litre incase of petrol and to Rs.4 per litre incase of diesel. ♦ Government has also raised the road... Read More
    Category: Indian Affairs

    World Consumer Rights day is observed on 15 March

    464 days ago
    World Consumer Rights Day is observed on 15 March. The consumer movement marks 15 March with World Consumer Rights Day every year. The day aims to raise global awareness about consumer rights and needs. Aim: The day aims to demand that the rights of all consumers are respected and protected, and to protest against market abuses and social injustices... Read More
    Category: Indian Affairs

    HIL India Limited launched Customer Payment Portal

    464 days ago
    HIL (India) Limited, in association with Union Bank of India, launched "Customer Payment Portal" in New Delhi. It was launched by Dr. S.P. Mohanty, Chairman, and Managing Director, Shri. Anjan Banerjee, Director Finance) of HIL (India) Limited; and Shri R. K. Jaglan, Head, Government Business Department, Shri G. K. Sudhakar Rao, Regional Head... Read More

    Cabinet approved Minimum Support Price for Copra for 2020 season

    464 days ago
    The Cabinet Committee on Economic Affairs (CCEA) led by PrimeMinister Narendra Modi approved for the Minimum Support Prices (MSPs) for copra for 2020 season. The approval was recommended by the Commission for Agricultural Costs and Prices (CACP). Benefits: ♦ The MSP for Fair Average Quality (FAQ) of milling copra is increased to Rs. 9,960... Read More
    Category: Indian Affairs

    Minister Mansukh Mandaviya to inaugurate the Ro-Pax Ferry Vessel in Mandwa Port

    464 days ago
    The Minister of State (I/C) for Shipping and Chemical & Fertilizers Shri Mansukh Mandaviya is to inaugurate the ROPAX Ferry Vessel and its Terminal at Mandwa in Maharashtra on 15 March. Mandwa Port: Mandwa Port is an important passenger port on the coast of Maharashtra. Around 15 lakhs passengers commute annually by catamarans and launches... Read More
    Category: Indian Affairs

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