Here is the chronology of events related to the Rafale Deal December 30, 2002: Defense Procurement Procedures (DPP) is adopted to speed up procurement. August 28, 2007: The Ministry of Defense launches a call for tenders for the acquisition of 126 MMRCA…
read moreThe Reserve bank of India, decided to keep the economy’s benchmark interest rates unchanged on Thursday. The decision was made after three days of deliberations by the RBI’s Monetary Policy Committee. As part of the bi-monthly review of monetary policy on August…
read moreJapan on Thursday celebrated 75 years since the world’s first atomic bomb attack, which killed some 140,000 people in Hiroshima and left many others deeply traumatized and even stigmatized. A second bomb was dropped on Nagasaki on August 9, 1945, killing an…
read moreThe Monetary Policy Committee (MPC) of the Reserve Bank of India unanimously decided to keep the repo rate unchanged at 4%. While Governor Shaktikanta Das has said that the RBI’s accommodative stance continues, the maintenance of rates runs counter to general market…
read moreMoD releases draft Defence Production and Export Promotion Policy 2020: In order to provide impetus to self-reliance in defence manufacturing, multiple announcements were made under ‘Atmanirbhar Bharat Package’. In implementing such framework and to position India amongst the leading countries of the…
read moreThe foundation stone laying ceremony for the construction of the Ram temple in Ayodhya on Wednesday, August 5, here’s the chronology of events in the land dispute case that led to this occasion. 1528: Babri Masjid built by Mir Baqi, commander of Mughal…
read moreThe results of the 2019 Civil Service Examination were announced by the Union Civil Service Commission (UPSC). A total of 829 candidates were selected for various civilian services as part of the 2019 edition of the exam. The final result is available…
read moreData released by the data analytics firm IHS Markit showed purchasing managers’ index (PMI) for manufacturing declined slightly in July to 46 from 47.2 in June. A figure of above 50 indicates expansion, while a sub-50 print signals contraction. Indian Oil Corporation…
read moreThe fiscal deficit for the year 2021 can reach 8% of GDP The Centre’s fiscal deficit in the first three months of fiscal year 2020-21 was Rs. 6.62 lakh crore, or 83% of the budgeted target for the year, according to official…
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