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What is London Interbank Offered Rate (LIBOR)?

London Interbank Offered Rate (LIBOR) is an interest rate at which banks can borrow funds from other banks in the London interbank market. One of the world’s most widely used benchmarks for short-term interest rates, LIBOR rates were first used in financial markets in 1986. From then on LIBOR has been growing in stature and today it is the key reference rate for financial products worth about $350 trillion. Small changes in the LIBOR can cause ripples in the money market. LIBOR is fixed on a dai ...

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History of Indian Cinema

India's first film "Raja Harischandra", a silent movie was first screened at Bombay's (Mumbai) Coronation Theater on May 3, 1913. It was made by Dadasaheb Phalke, the father of Indian Cinema. It was Phalke who introduced India to world cinema at a time when working in films was restricted by social customs. After the success of his film 'Raja Harishchandra', several filmmakers in Bombay and Madras began making silent films. By the mid 1920s, Madras had become the epicenter for all film related ...

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Career Scope in Print Media

Print media are lightweight, portable, disposable publications printed on paper and circulated as physical copies in forms we call books, newspapers, magazines and newsletters. They hold informative and entertaining content that is of general or special interest. They are published either once or daily, weekly, biweekly, monthly, bimonthly or quarterly. Print Media is the oldest form of media. But even today it is growing from strength to strength. Around 4000 small, medium and large newspapers ...

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National Institution for Transforming India

The Planning Commission, which was established in 1950 was on 1st January 2015 replaced by a new body, NITI Aayog or National Institution for Transforming India, which will serve as a policy think-tank for the central as well as state governments and have Prime Minister as its chairperson. NITI Aayog will have a CEO and a vice chairperson, to be appointed by the Prime Minister, in addition to some full-time members and two part-time members, while four union ministers would serve as ex-officio m ...

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Current Affairs 2016

TRAI Issues Prohibition of Discriminatory Tariffs for Data Services Regulations 2016

TELECOM REGULATORY AUTHORITY OF INDIA (TRAI) issued the ‘Prohibition of Discriminatory Tariffs for Data Services Regulations, 2016’ on 8th February 2016. This would disallow service providers to offer or charge discriminatory tariffs for data services on the basis of content being accessed by a consumer.

Employment News

Department of Atomic Energy - Applications are invited online from eligible candidates for appointment of various post in Atomic Minerals Directorate for Exploration & Research (AMD). For more details refer Employment News dated 30th January 2016 ......