Prasar Bharti hires people for new FM transmitters

People well versed in local languages and cultures will be preferred. Prasar Bharti is hiring about a hundred people for the newly inaugurated 91 FM transmitters inaugurated by Prime Minister (PM) Narendra Modi, in 18 states and two union territories. TB Nanjundaswamy, Joint Director, News at All India Radio said, “Prasar Bharti has already started […]

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Social audit, not a responsibility of the Gram Panchayat

MNREGA workers have been demanding the gram panchayat of K.Golahalli to conduct a social audit to check mismanagement in working sites. K.Golahalli Gram Panchayat failed to conduct a social audit of Mahatma Gandhi National Rural Gurantee Scheme (MNREGA). The responsibility of conducting a social audit is missing from the list of the functions of this […]

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Congress promises caste census if elected to power

It said it doesn’t want to introduce schemes without knowing end beneficiaries; BJP calls it a waste of resources. The Indian National Congress (INC) said publishing the caste census will be a priority for the party if it comes to power in the upcoming elections. The party said it couldn’t do it earlier as it […]

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Banks pushing NBFCs out of gold loan business

Banks are coming up with separate gold loan branches to woo customers away from NBFCs  The Non Banking Financial Companies (NBFC) are facing tough competition from banks in the gold loan segment by offering low interest rates. Commercial Banks have been expanding their gold loan portfolio. Data by BFSI shows that the portfolio saw a […]

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Small and private players cannot subscribe to FDI

Ministry of Finance raising FDI limit to 74 percent has had little impact on small and private insurance players. Small-scale insurance companies have been lagging in reaping the benefits of Foreign Direct Investments (FDI) in the insurance sector, despite FDI limit being raised to 74 percent from 49 percent in 2021. This, small players insist, […]

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Opposition questions cancellation of nominations

The Election Commission says that all nomination papers are scrutinized but added that personal biases may interfere sometimes. The office of Chief Electoral Officer (CEO) has declared 350 nomination papers invalid for the upcoming State General Assembly election. Decision on validity of a nomination paper is at the discretion of theCEO. Members of the Indian […]

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Police to file charge sheet against peaceful protestors

Around 60 protestors were booked by the police while they were protesting the widening of the Sankey Tank Road. However, lawyers say that it is infringing on the rights of people to peacefully protest. The police is ready to file charge sheets against those who protested on February 19 against BBMP’s plan to widen the […]

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Lack of medical professors hamper plans for 11 new colleges

The Karnataka government has decided to launch new medical colleges, despite the acute shortage of medical professionals. Karnataka government is yet to devise a concrete plan to tackle acute shortage of medical professionals for the launch of 11 new medical colleges in 11 districts of the state. Government officials said that they have come up […]

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Investors fail to capitalize on RBI’s Retail Direct Scheme

Many buyers and sellers have not joined the app due to lack of awareness Not enough buyers and sellers have joined the Retail Direct Scheme launched by the Reserve bank of India (RBI). Experts say the lack of awareness among investors about the scheme, hinders the liquidity. Hence, ability of an investor to sell and […]

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Mutual Funds in fear of losing decision-making control

SEBI can permit private equity companies to sponsor mutual funds as mentioned in the latest notice issued by the regulator. Mutual funds are apprehensive of Securities and Exchange Board of India’s (SEBI) new decision about making private equity (PE) funds as their sponsors. They believe that it will impact their decision-making powers as private equity […]

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