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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 dail ...

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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 a ...

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Pradhan Mantri Jan Dhan Yojana

The Prime Minister launched the Pradhan Mantri Jan Dhan Yojana at a National level function on 28th August 2014. Besides the launch function at Delhi, simultaneous launch functions of the Yojana were also held in the Capital and other major centres of the State and at all district Headquarters. The Prime Minister said that the target to cover 7.50 crore households with at least one account under the Yojana will be achieved by 26th January, 2015. Elaborating the benefits under PMJDY, the Prime ...

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Employment News

Central Coaldfields Limited, a subsidiary of Coal India Limited invites application from Indian nationals for filling of the following vacanciesVacancies Details:1. Security Guard (Total Post: 222)2. Asst. Revenue Inspector (Total Post: 15)3. Ac ......