India Post Payments Bank

The Union Cabinet under the Chairmanship of Prime Minister Shri Narendra Modi on 1st June 2016 has given its approval for setting up the India Post Payments Bank (IPPB) as a Public Limited Company under the Department of Posts, with 100% Government of India (GOI) equity. The total expenditure involved in this project is Rs 800 Crore. All citizens, especially 40% of the country's population that is outside the ambit of formal banking in the country will benefit from this project. The project will be rolled out in the entire country in a phased manner. The IPPB will obtain banking licence from RBI by March 2017 and by September 2017, its services will be available across the country through 650 payments bank branches, linked post offices and alternative channels riding on modern technology including mobiles, ATMs, PoS and m-PoS devices etc and simple digital payments.

Setting-up of the IPPB to further financial inclusion was one of the budgetary announcements during 2015-16. The Department of Posts had obtained the "in-principle approval" of the RBI in September 2015 to set up the India Post Payments Bank. The India Post Payments Bank will leverage the Department’s network, reach, and resources to make simple, low-cost, quality financial services easily accessible to customers all over the country.

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 and magazines across the county are registered with the Registrar of Newspapers every year. This indicates that it is a growing sector where employment opportunities are increasing with each passing day. Most of the young aspirants who want to enter the print media prefer reporting, but newspapers and magazines also seek young talent as photographers, artists, editors, computer experts, librarians, and cartoonists. Students who have writing ability, graphics or photo skills, curiosity and deter →

International Indian Film Academy (IIFA) Award 2014

Best Film Bhaag Milkha Bhaag Best Director Rakeysh Omprakash Mehra for Bhaag Milkha Bhaag Best Actor Farhan Akhtar for Bhaag Milkha Bhaag Best Actress Deepika Padukone for Chennai Express Best Entertainer of the Year Deepika Padukone Best Debutant (Male) Dhanush for Raanjhanaa Best Debutant (Female) Vaani Kapoor for Shuddh Desi Romance Best Supporting Actress Divya Dutta for Bhaag Milkha Bhaag Best Supporting Actor Aditya Roy Kapur for Yeh Jawani Hai Deewani Best Male Playback Singer Arijit Singh for Tum Hi Ho from Aashiqui 2 Best Female Playback Singer Shreya Ghoshal for Tum Hi Ho from Aashiqui 2 Best Lyrics Writer Mithoon for Tum Hi Ho from Aashiqui 2 Best Story Prashoon Joshi for Bhaag Milkha Bhaag Best Performance in a Comic Role Arshad Warsi for Jolly LLB Best Performance in Negative Role Rishi Kapoor for D Day Outstanding Contribution to Indian Cinema Shatrughan Sinha Best Cinematography Binod Pradhan for Bhaag Milkha Bhaag Best Screenplay Prasoon Joshi for Bhaag →

What is Bitcoin?

Bitcoin is an experimental, decentralized digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority: managing transactions and issuing money are carried out collectively by the network. The original Bitcoin software developed by Satoshi Nakamoto was released under the MIT license. Most client software, derived or "from scratch", also use open source licensing. Bitcoin is one of the first successful implementations of a distributed crypto-currency, described in part in 1998 by Wei Dai on the cypherpunks mailing list. Building upon the notion that money is any object, or any sort of record, accepted as payment for goods and services and repayment of debts in a given country or socio-economic context, Bitcoin is designed around the idea of using cryptography to control the creation and transfer of money, rather than relying on central authorities. →

Genetically Modified Food or Crops

Genetic Modification Genetic modification refers to techniques used to manipulate the genetic composition of an organism by adding specific useful genes. A gene is a sequence of DNA that contains information that determines a particular characteristic/trait. All organisms have DNA (genes). Genes are located in chromosomes. Genes are units of inheritance that are passed from one generation to the next and provide instructions for development and function of the organism. Crops that are developed through genetic modification are referred to as genetically modified (GM) crops, transgenic crops or genetically engineered (GE) crops. Over the last 30 years, the field of genetic engineering has developed rapidly due to the greater understanding of deoxyribonucleic acid (DNA) as the chemical double helix code from which genes are made. The term genetic engineering is used to describe the process by which the genetic makeup of an organism can be altered using “recombinant DNA technology.” This →

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