India Beat Srilanka in Third Test, Claimed First Ever 3-0 Series Win Overseas

admin August 15, 2017 Technology
India beat Srilanka - India's first ever 3-0 series win overseas

India beat Srilanka in third and last test match played at Pallekele International Cricket Stadium, SriLanka. India win with a margin of one inning and by 171 runs. This is India’s first ever 3-0 series win overseas. In first two tests, India had beaten Srilanka by 304 runs in first test and beat by an inning and 53 Runs in second test played at Colombo.

In the third and final test, India performed exceptionally well in all areas. Starting from batting, both Shikhar Dhawan and KL Rahul gave India a solid start. They made a 188 runs partnership. Hardik Pandya Also scored a brilliant century batting in lower order. He scores 108 runs in just 96 balls where he hit eight boundaries and seven sixes.

Not only India made a record with their first ever 3-0 win overseas but, Indian players Hardik pandya and KL Rahul also broke and made many records.

Talking about Pandya, he made below records:
1. With 8 fours and seven Sixes, he equalled Virender Sehwag’s record of hitting equal number of sixes and fours against Srilanka at Brabourne in 2009. The record is currently held by Navjot Singh Sidhu, who had hit 8 sixes against Srilanka in 1994 at Lukhnow.

2. He scored 107 runs by lunch on Day 2, which is most by any Indian on any day before lunch. Earlier it was Virender Sehwag who had scored 99 runs against West Indies in Gros Islet in 2006.

3. Pandya became first Indian to score 26 runs in an over of a test match. He broke earlier record of 24 runs in an over hit by Kapil Dev off Eddie Hemmings at Lord’s in 1990 and by Sandeep Patil off Bob Willis in Manchester in 1982.

4. Pandya scored first hundred runs in just 86 balls which is second highest by an Indian Batsman overseas. Virender Sehwag is the first who scored 100 runs in just 78 against West Indies in Gros Islet in 2006.

5. Hardik’s 108 runs is the third highest score by any number eight batsman against Srilanka.

With consistent performance, KL Rahul’s also made a record. he joined the exclusive club of cricketers scoring most number of fifties consecutively in test cricket.

Indian bank to offer two tier interest rate on Saving Accounts

admin August 14, 2017 Technology
indian bank

Indian bank decided to offer two tier interest rate to customers on saving accounts. The discount will be based on the amount deposited in the saving account which will be as below:

Amount over Rs. 50 Lakh: If the amount deposited in the saving account of Indian Bank is more than Rs. 50 lakhs then bank will apply interest rate of 4% on the amount.

Amount Less than 50 Lakh: If deposited amount in the saving account of Indian bank customer is less than 50 Lakhs, then interest rate will be paid as 3.50%.

The new interest rates will came into effect from 16 August, 2017 as said by the bank in a BSE filing.

The new announcement by PSU lender Indian bank came few days after country’s largest lender State Bank of India (SBI) slashed interest rate on savings by 50 basis points to 3.50%. SBI also set minimum amount in saving bank to get 4% interest rate. However the minimum amount set by SBI is double of what Indian Bank has set that is one crore.

Indian Bank:

Headquarter: Chennai
CEO- Kishor Kharat
Founded on 15 August 1907

Reserve Bank of India Will Transfer Rs. 30,659 Crores as Dividend This Year

admin August 12, 2017 Technology
Reserve bank of India

Reserve Bank of India will only be transferring Rs. 30,659 Crores as dividend for this year. The amount is less than half of what the apex bank had transferred last year. In previous year the amount paid as dividend by RBI to government was Rs 65876 crore.

Here are the most probable reasons for less money given to Government:

Demonetisation is considered as the major reason behind this low supply. Because of being busy in applying demonetisation changes, the apex bank could not concentrate more on other operations.

High Reverse Repo Rate is another probable reason considered. So RBI had to pay more to banks.

Most of the foreign companies gave negative or low return during this financial year.

High cost of printing new Currency notes could also be one reason. As there was huge increase in number of currency notes to be printed, so it increased the costs. Before demonetisation, the cost of printing was just 20% of the total expenses. But, after demonetisation it is estimated to be more than double.

After demonetisation of 500 and 1000 Rupees notes, it was RBI’s duty to collect all the old currency notes. Public deposited the notes in the banks and then RBI made arrangements to collect that money from banks. So, transportation expenses might also have cost.

M Venkaiah Naidu – 13th Vice President of India

admin Technology
Vice president of India - Venkaiah Naidu

Former Union Minister M Venkaiah Naidu on 11 August, 2017 became 13th vice president of India. President Ram Nath Kovind administered oath of office to him at a special function which was organized specially for Naidu’s oath Ceremony at Rashtrapati Bhavan. From now, he will hold the position of Vice President of India for the next five years. He became Vice President after longest served vice president Hamid Ansari. The second term was completed this month.

Mr. Venkaiah Naidu secured 516 votes and defeated candidate of opposition Gopal Krishan Gandhi by a margin of 272 votes. With this win, BJP now has all their favourite leaders at the top three senior positions of the country which are President, Vice President and Prime Minister of India.

By taking the charge he became Ex-officio Chairman of Rajaya Sabha as per the rules. It was the last day of the parliament session, so the session of parliament was ended with Venkaiah Naidu’s leadership.

About Naidu:

M Venkaiah Naidu was born at Chavatapalem situated in Andhra Pradesh’s Nellore district on July 1, 1949. He is a law graduate with specialisation in international law from Andhra University at Vishakhapatnam. He was very much influenced by RSS and joined RSS as swayamsevak and BJP supported organization ABVP when he was in his college days. He came to spotlight first when famous Jai Andhra movement in 1972 happened. He also majorly contributed in Jayaprakash Narayan Chhatra Sangharsh Samiti.

Naidu’s Political Career:

Venkaiah Naidu was national president of BJP during 2002-2004.

He was Union Cabinet Minister for Rural Development when Shri Atal Bihari Vajpayee was Prime minister of India.

Before being elected as Vice president of India, M Venkaiah Naidu was holding important departments in Union Cabinet. He was minister of Urban housing and development, Parliamentary affairs and information and Broadcasting.

 

Web Portal launched By NCERT to Supply Books Online to Schools and Individuals

admin August 10, 2017 Technology
NCERT online web portal

Union Government’s organisation NCERT has started a web portal to supply their textbooks online to schools and individuals. Using the NCERT web portal schools, individual buyers will be able to place the order for books online. Ordered books will be delivered at their provided address. This new facility will really be helpful to eliminate the shortage of books in the schools and in the markets. It will also increase in transparency in the availability of NCERT textbooks to students as many parents complaints that books are not provided to children after they are released by the government. Now they themselves can login on the NCERT web portal and will be able to order the books and can get at their doorstep.

It will help parents to save their money also which they have to pay to private publishers due to non availability of NCERT Books.

Important key facts of NCERT web Portal:

How it will help schools to order Books?

The distribution of books through NCERT web portal will be started for the session 2018-2019 for schools. The schools first need to login to the web portal of NCERT and then they have to enter some details like Board to which they are affiliated, affiliation number and and other details.

Moreover schools can also buy books directly from the nearest NCERT vendor or from NCERT regional centres which are located at Guwahati, Kolkata, Bengaluru and Ahmadabad.

To make their services more better, NCERT department is also looking to consult online vendors like Amazon and Flipkart.

NCERT:

NCERT is an organization working under government of India and was started in 1961. It assists and provide advice to States and Union Government to introduce various policies to improve education level in India.

Majorly its objectives are to promote, undertake and conduct research for the improvement of education in schools. It also acts as an bilateral cultural exchange implementation agency with other countries in the field of education.