Monthly Archive:: January 2017

CPSE ETF, Maharatna, Navratna and  Miniratna Companies

Maharatna and Navratna  have once again become the buzz words in India. Government of India has decided to sell stakes of four Maharatna  and six Navratna companies through CPSE ETF route. This is proposed by Government as part of its disinvestment plan in public sector units (PSU).  What are Mahartna, Navrtna and Miniratna Companies? Navratna

Worldwide Standard Time And Sir Sandford Fleming

Standard time concept can be considered as a byproduct of railroad expansion. Till 1800s, calculation of time was linked to the position of sun. This method is known as solar time. This led to many local time zones and began to create confusion with the progress in the fields of weather forecast and train travel.

BHIM app-Bharat Interface For Money

BHIM app is a simple UPI (United Payments Interface) based application for carrying out digital financial transactions. BHIM stands for Bharat Interface for Money. India after the recent demonetisation move has seen a rapid shift towards the less cash economy, digital banking and digital Payments. Government of India also announced two schemes, Lucky Grahak Yojana