General Affairs
Uri attack: We don't give terrorists a befitting reply, we must, says martyr's son
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Doleful wails of grief, confusion and anger echo across the dingy room that has been lit up by camera lights at Havildar Ashok Kumar Singh's home.
Tears cover wrinkled face as a cacophony of sorrowful chants fill the air at Raktu Tola village in Bihar's Bhojpur district. "Babbua," sobs the mother for her fallen son.
At a corner of the room, her widowed daughter-in-law mourns inconsolably, her arm attached to an intravenous drip as all the energy has drained from her body.
I WILL JOIN THE ARMY: HAVILDAR SINGH'S SON
But Havildar Singh's teenage son, Vishal Singh, controlled his sobs to pledge to follow his father's footsteps as he waited for his body to arrive. "I will join the army," he said.
As Vishal struggled to hold backs his tears, he expressed his frustration at the system.
"We don't give them (terrorists) a befitting reply. We must," the young boy lamented.
RAKTU TOLA STANDS OUT, 25 HOUSES OUT OF 100 HAVE MEMBERS IN ARMY
Raktu Tola stands out as a village of soldiers in Bihar's Bhojpur district. Out of its 100 houses, at least 25 have one or more family members serving in the Indian army.
The loss the family has suffered has not deterred its male members from joining the forces. Havildar Singh's brother Kamta Singh died in action as part of the Bihar Regiment in 1986 in Rajasthan.
The Uri martyr's elder son, Vikas Singh, and his two nephews are in the army. His mother, Sangeeta Singh, was resentful of New Delhi's handling of terror.
Doleful wails of grief, confusion and anger echo across the dingy room that has been lit up by camera lights at Havildar Ashok Kumar Singh's home.
Tears cover wrinkled face as a cacophony of sorrowful chants fill the air at Raktu Tola village in Bihar's Bhojpur district. "Babbua," sobs the mother for her fallen son.
At a corner of the room, her widowed daughter-in-law mourns inconsolably, her arm attached to an intravenous drip as all the energy has drained from her body.
I WILL JOIN THE ARMY: HAVILDAR SINGH'S SON
But Havildar Singh's teenage son, Vishal Singh, controlled his sobs to pledge to follow his father's footsteps as he waited for his body to arrive. "I will join the army," he said.
As Vishal struggled to hold backs his tears, he expressed his frustration at the system.
"We don't give them (terrorists) a befitting reply. We must," the young boy lamented.
RAKTU TOLA STANDS OUT, 25 HOUSES OUT OF 100 HAVE MEMBERS IN ARMY
Raktu Tola stands out as a village of soldiers in Bihar's Bhojpur district. Out of its 100 houses, at least 25 have one or more family members serving in the Indian army.
The loss the family has suffered has not deterred its male members from joining the forces. Havildar Singh's brother Kamta Singh died in action as part of the Bihar Regiment in 1986 in Rajasthan.
The Uri martyr's elder son, Vikas Singh, and his two nephews are in the army. His mother, Sangeeta Singh, was resentful of New Delhi's handling of terror.
India slams Pakistan at UN rights council after Uri attack, rakes up human rights violations in Balochistan
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In a blunt message, India asked Pakistan on Monday to stop supporting terrorism and vacate illegal occupation of Pakistan-Occupied Kashmir as it highlighted human rights violations in Balochistan, Khyber-Pakhtunkhwa and Sindh and persecution of minorities including Hindus.
"We, once again, ask Pakistan to stop inciting and supporting violence and terrorism in any part of India and refrain from meddling in our internal affairs in any manner. We call upon the Council to urge Pakistan to fulfill its obligation to vacate illegal occupation of Pakistan Occupied Kashmir," India said in its right to reply at the 33rd Session of the UN Human Rights Council (HRC) here.
'PAKISTAN PROMOTES CROSS- BORDER TERRORISM'
It said Pakistan continues to test the patience as well as wisdom of the Council with its unceasing false-narrative backed by fabricated facts and figures about Jammu and Kashmir.
"Pakistan has had territorial ambitions over Kashmir since 1947 that has found concrete expression in the aggression it embarked on in 1947, 1965 and 1999. As on date, Pakistan is in illegal and forcible occupation of 78,000 sq ms (approx) of Indian Territory in Jammu and Kashmir," it said.
The fundamental reason for disturbances in Kashmir is cross-border terrorism promoted by Pakistan, it added.
INDIA RAISES HUMAN RIGHTS VIOLATIONS IN BALOCHISTAN
Raising human rights violations in Pakistan, India said, "the people of Balochistan, amongst other provinces, have been waging for decades a bitter and brave struggle against their daily abuse and torture."
"Religious and sectarian minorities such as Hindus, Christians, Shias, Ahmaddiyas, Ismailis and others continue to face discrimination, persecution and targeted attacks in Pakistan. Places of worship belonging to minorities have been destroyed and vandalized. Blasphemy laws remain in force and are disproportionately used against religious minorities."
Noting that various international organizations have documented how enforced disappearances continue with impunity, particularly in Balochistan, Khyber Pakhtunkhwa and Sindh where members of the Muttahida Qaumi Movement are routinely abducted and killed, India said selective but extremely opaque and high-handed use of force by Pakistani authorities has affected civilian populations on a large scale.
Underlining that more than one million people remain displaced as a result of the current and past armed conflicts in the northwest of Pakistan, India said, "Pakistan will be well-advised to focus its energies on setting its own house in order and acting against the perpetrators of terrorist attacks on its neighbours instead of ritually raking up alleged human rights violations elsewhere."
Earlier, making a statement at the session here, India called upon the Council to urge Pakistan to put an end to cross-border infiltration; dismantle the terrorism infrastructure; and stop acting as an epicentre of terrorism.
India said it firmly believes that a policy of "zero tolerance" against terrorism is as much an international obligation as it is a commitment to its own people.
"It is time that moral and material support provided by Pakistan to the perpetrators of this continuing heinous violence on the Indian soil should attract this Council's attention," India said.
INDIA HITS OUT AT PAKISTAN FOR PROMOTING TERRORISM
Asserting that the acts of terrorism are the most egregious violations of human rights as they rob their victims of the most fundamental of human rights - the right to life, India said this should be clear to any impartial observer of the issue.
"India has been a long-suffering victim of terrorism emanating from our neighbourhood. The fundamental reason for disturbances in Kashmir is cross-border terrorism promoted by Pakistan which is so ruthless that it does not shy away from using civilians and even children by putting them in harm's way, at the forefront of violent mobs instigated and supported by their handlers from across the border," it added.
The fact that known terrorists like Hafiz Saeed and Syed Salahuddin have been able to hold huge rallies in Pakistan's main cities is a reflection of the state of affairs and can mean only one thing: active support for such personalities and the designated organisations they lead in blatant disregard of rule of law is the new normal in Pakistan, it said.
Rather than internationalising issues with India, Pakistan should cleanse itself of its terrorists.
The time has come, when the international community needs to address the plethora of human rights concerns in Pakistan because its impact has moved beyond the county's domestic problem and has begun to affect the region and the world at large, the statement said.
In a blunt message, India asked Pakistan on Monday to stop supporting terrorism and vacate illegal occupation of Pakistan-Occupied Kashmir as it highlighted human rights violations in Balochistan, Khyber-Pakhtunkhwa and Sindh and persecution of minorities including Hindus.
"We, once again, ask Pakistan to stop inciting and supporting violence and terrorism in any part of India and refrain from meddling in our internal affairs in any manner. We call upon the Council to urge Pakistan to fulfill its obligation to vacate illegal occupation of Pakistan Occupied Kashmir," India said in its right to reply at the 33rd Session of the UN Human Rights Council (HRC) here.
'PAKISTAN PROMOTES CROSS- BORDER TERRORISM'
It said Pakistan continues to test the patience as well as wisdom of the Council with its unceasing false-narrative backed by fabricated facts and figures about Jammu and Kashmir.
"Pakistan has had territorial ambitions over Kashmir since 1947 that has found concrete expression in the aggression it embarked on in 1947, 1965 and 1999. As on date, Pakistan is in illegal and forcible occupation of 78,000 sq ms (approx) of Indian Territory in Jammu and Kashmir," it said.
The fundamental reason for disturbances in Kashmir is cross-border terrorism promoted by Pakistan, it added.
INDIA RAISES HUMAN RIGHTS VIOLATIONS IN BALOCHISTAN
Raising human rights violations in Pakistan, India said, "the people of Balochistan, amongst other provinces, have been waging for decades a bitter and brave struggle against their daily abuse and torture."
"Religious and sectarian minorities such as Hindus, Christians, Shias, Ahmaddiyas, Ismailis and others continue to face discrimination, persecution and targeted attacks in Pakistan. Places of worship belonging to minorities have been destroyed and vandalized. Blasphemy laws remain in force and are disproportionately used against religious minorities."
Noting that various international organizations have documented how enforced disappearances continue with impunity, particularly in Balochistan, Khyber Pakhtunkhwa and Sindh where members of the Muttahida Qaumi Movement are routinely abducted and killed, India said selective but extremely opaque and high-handed use of force by Pakistani authorities has affected civilian populations on a large scale.
"Religious and sectarian minorities such as Hindus, Christians, Shias, Ahmaddiyas, Ismailis and others continue to face discrimination, persecution and targeted attacks in Pakistan. Places of worship belonging to minorities have been destroyed and vandalized. Blasphemy laws remain in force and are disproportionately used against religious minorities."
Noting that various international organizations have documented how enforced disappearances continue with impunity, particularly in Balochistan, Khyber Pakhtunkhwa and Sindh where members of the Muttahida Qaumi Movement are routinely abducted and killed, India said selective but extremely opaque and high-handed use of force by Pakistani authorities has affected civilian populations on a large scale.
Underlining that more than one million people remain displaced as a result of the current and past armed conflicts in the northwest of Pakistan, India said, "Pakistan will be well-advised to focus its energies on setting its own house in order and acting against the perpetrators of terrorist attacks on its neighbours instead of ritually raking up alleged human rights violations elsewhere."
Earlier, making a statement at the session here, India called upon the Council to urge Pakistan to put an end to cross-border infiltration; dismantle the terrorism infrastructure; and stop acting as an epicentre of terrorism.
India said it firmly believes that a policy of "zero tolerance" against terrorism is as much an international obligation as it is a commitment to its own people.
Earlier, making a statement at the session here, India called upon the Council to urge Pakistan to put an end to cross-border infiltration; dismantle the terrorism infrastructure; and stop acting as an epicentre of terrorism.
India said it firmly believes that a policy of "zero tolerance" against terrorism is as much an international obligation as it is a commitment to its own people.
"It is time that moral and material support provided by Pakistan to the perpetrators of this continuing heinous violence on the Indian soil should attract this Council's attention," India said.
INDIA HITS OUT AT PAKISTAN FOR PROMOTING TERRORISM
Asserting that the acts of terrorism are the most egregious violations of human rights as they rob their victims of the most fundamental of human rights - the right to life, India said this should be clear to any impartial observer of the issue.
"India has been a long-suffering victim of terrorism emanating from our neighbourhood. The fundamental reason for disturbances in Kashmir is cross-border terrorism promoted by Pakistan which is so ruthless that it does not shy away from using civilians and even children by putting them in harm's way, at the forefront of violent mobs instigated and supported by their handlers from across the border," it added.
The fact that known terrorists like Hafiz Saeed and Syed Salahuddin have been able to hold huge rallies in Pakistan's main cities is a reflection of the state of affairs and can mean only one thing: active support for such personalities and the designated organisations they lead in blatant disregard of rule of law is the new normal in Pakistan, it said.
Rather than internationalising issues with India, Pakistan should cleanse itself of its terrorists.
The time has come, when the international community needs to address the plethora of human rights concerns in Pakistan because its impact has moved beyond the county's domestic problem and has begun to affect the region and the world at large, the statement said.
FTII has an illustrious past and a vibrant present, says chairman Gajendra Chauhan
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Gajendra Chauhan has written to media about the recent open day organised by FTII on September 17 and 18.
Here's what he has to say:
"I am in deep gratitude of all Punekars for making the open days at FTII on September 17 and 18, 2016, a resounding success. The enthusiasm witnessed in the campus is unprecedented. From school children to octogenarians, from college students - from as far as Kolhapur, Baramati, and Thane - to housewives, visitors overwhelmed me by their presence.
FTII, India's best film and television school has an illustrious past and a vibrant present but this legacy was somehow inaccessible to the very Punekars whose love, support and encouragement allowed this premier Institution to reach the heights it has. The open days has now organically connected the people with the Institute.
I fully agree with the Director of the Institute when he says that the open days were held in a spirit of gratitude to this wonderful city of Pune to which FTII belongs. All this is captured in the motto....FTII for Pune. Pune for FTII.
This was the first Open Days of its kind in the history of FTII but just two days in 56 years is not enough. Punekars and the people of Maharashtra must surely get more opportunities to visit the campus, explore the legacy and absorb the creativity that blooms in FTII. There will be more open days in future where FTII will throw open its gates for not just the general public but also to the institutions of the city.
Gajendra Chauhan has written to media about the recent open day organised by FTII on September 17 and 18.
Here's what he has to say:
"I am in deep gratitude of all Punekars for making the open days at FTII on September 17 and 18, 2016, a resounding success. The enthusiasm witnessed in the campus is unprecedented. From school children to octogenarians, from college students - from as far as Kolhapur, Baramati, and Thane - to housewives, visitors overwhelmed me by their presence.
FTII, India's best film and television school has an illustrious past and a vibrant present but this legacy was somehow inaccessible to the very Punekars whose love, support and encouragement allowed this premier Institution to reach the heights it has. The open days has now organically connected the people with the Institute.
I fully agree with the Director of the Institute when he says that the open days were held in a spirit of gratitude to this wonderful city of Pune to which FTII belongs. All this is captured in the motto....FTII for Pune. Pune for FTII.
This was the first Open Days of its kind in the history of FTII but just two days in 56 years is not enough. Punekars and the people of Maharashtra must surely get more opportunities to visit the campus, explore the legacy and absorb the creativity that blooms in FTII. There will be more open days in future where FTII will throw open its gates for not just the general public but also to the institutions of the city.
Capt Amarinder on Uri attack: India must explore all retaliatory options short of war
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Punjab Pradesh Congress Committee President Captain Amarinder Singh suggested a strong two pronged retaliatory strategy against Pakistan and the extremist separatist groups in Kashmir for ensuring permanent peace and prevention of any such future strikes by the terrorists today.
"All retaliatory options short of war must be explored and executed," he told reporters at an informal interaction. He said, it was the issue of maintaining the morale of the army as 20 soldiers had died in the attack while about 70 others are injured.
"This is absolutely unacceptable," he said, while adding, India should explore the options of pre-emptive strikes as carried out by Israel.
ON INDIA'S NUCLEAR CAPABILITY
Asked about Pakistan being a nuclear state and the Defence Minister of that country warning retaliatory nuclear strikes, the former chief minister said, "So are we and we have more nuclear arsenal, capacity and capability."
"Just because somebody was trying to threaten you, out of own fear and frustration, does not mean you must not retaliate and reciprocate in the same measure," he said.
ON GOVERNMENT'S SOFT STANCE ON SEPARATISTS
Capt Amarinder attributed the weak and soft policy adopted by the government towards the Kashmiri separatists for the rise of such incidents. "Till you don't break the back of the militancy in Kashmir and those who are aiding and guiding it, they will not come to the negotiating table", he said, while calling for ending the appeasement policy.
"Don't talk to anybody till you don't break the back of the militancy there", he advised the government of India, adding, that the goodwill missions do not serve any purpose under these circumstances and these goodwill gestures are only taken to be as weakness.
The former chief minister also sought an inquiry into the lapses that led to the attack and loss of so many precious lives in Uri.
He said, the commanding officer and the brigade commandant responsible must be taken to task as it was a serious lapse on their part.
Punjab Pradesh Congress Committee President Captain Amarinder Singh suggested a strong two pronged retaliatory strategy against Pakistan and the extremist separatist groups in Kashmir for ensuring permanent peace and prevention of any such future strikes by the terrorists today.
"All retaliatory options short of war must be explored and executed," he told reporters at an informal interaction. He said, it was the issue of maintaining the morale of the army as 20 soldiers had died in the attack while about 70 others are injured.
"This is absolutely unacceptable," he said, while adding, India should explore the options of pre-emptive strikes as carried out by Israel.
ON INDIA'S NUCLEAR CAPABILITY
Asked about Pakistan being a nuclear state and the Defence Minister of that country warning retaliatory nuclear strikes, the former chief minister said, "So are we and we have more nuclear arsenal, capacity and capability."
"Just because somebody was trying to threaten you, out of own fear and frustration, does not mean you must not retaliate and reciprocate in the same measure," he said.
ON GOVERNMENT'S SOFT STANCE ON SEPARATISTS
Capt Amarinder attributed the weak and soft policy adopted by the government towards the Kashmiri separatists for the rise of such incidents. "Till you don't break the back of the militancy in Kashmir and those who are aiding and guiding it, they will not come to the negotiating table", he said, while calling for ending the appeasement policy.
"Don't talk to anybody till you don't break the back of the militancy there", he advised the government of India, adding, that the goodwill missions do not serve any purpose under these circumstances and these goodwill gestures are only taken to be as weakness.
The former chief minister also sought an inquiry into the lapses that led to the attack and loss of so many precious lives in Uri.
He said, the commanding officer and the brigade commandant responsible must be taken to task as it was a serious lapse on their part.
PM Modi a selfie-machine running a fair and lovely scheme for black money: Rahul Gandhi
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Congress vice president Rahul Gandhi mounted a scathing attack on Prime Minister Narendra Modi and the NDA government on Monday. He said that the prime minister only believed in taking selfie with world leaders.
Speaking during a road show at Urai in UP's Jalaun district, Rahul said, "He is a kind of PM, who takes selfie with the world leaders, but he has never taken a selfie with a farmer or a labourer. He has become a selfie machine."
'FAIR & LOVELY GOVERNMENT'
The Congress leader also said that PM Modi only made promises, which were never fulfilled. Rahul Gandhi raised the issue of black money once again during his ongoing Kisan Yatra in UP.
Taking a swipe at the black money declaration scheme of the government, he said, "If you have thousands of crores of rupees and you wish to make them white, then go to (Finance Minister) Arun Jaitley. Your black money will be turned into white. This is the fair and lovely scheme, that Modi government has launched."
'MODI GOVERNMENT IS ANTI-POOR'
The Congress vice president accused the Modi government of being anti-poor, which catered to the needs of the rich and big industrialists only.
"The Modi government has waived off loans of big industrialists, who defaulted lakhs of crores of rupees in the past two-and-a-half year. But, a farmer's loan of a few thousands can't be waived off even if that farmer dies under the burden of loan," Rahul Gandhi said.
"If Congress is voted to power in UP, we will write off farmers' loan in ten minutes. Electricity bills of the farmers will also be waived off," he promised during his road show.
Congress vice president Rahul Gandhi mounted a scathing attack on Prime Minister Narendra Modi and the NDA government on Monday. He said that the prime minister only believed in taking selfie with world leaders.
Speaking during a road show at Urai in UP's Jalaun district, Rahul said, "He is a kind of PM, who takes selfie with the world leaders, but he has never taken a selfie with a farmer or a labourer. He has become a selfie machine."
'FAIR & LOVELY GOVERNMENT'
The Congress leader also said that PM Modi only made promises, which were never fulfilled. Rahul Gandhi raised the issue of black money once again during his ongoing Kisan Yatra in UP.
Taking a swipe at the black money declaration scheme of the government, he said, "If you have thousands of crores of rupees and you wish to make them white, then go to (Finance Minister) Arun Jaitley. Your black money will be turned into white. This is the fair and lovely scheme, that Modi government has launched."
'MODI GOVERNMENT IS ANTI-POOR'
The Congress vice president accused the Modi government of being anti-poor, which catered to the needs of the rich and big industrialists only.
"The Modi government has waived off loans of big industrialists, who defaulted lakhs of crores of rupees in the past two-and-a-half year. But, a farmer's loan of a few thousands can't be waived off even if that farmer dies under the burden of loan," Rahul Gandhi said.
"If Congress is voted to power in UP, we will write off farmers' loan in ten minutes. Electricity bills of the farmers will also be waived off," he promised during his road show.
Business Affairs
India to clock 8% growth over next few years: S&P
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Backed by broadening of domestic consumption base, S&P Global Ratings on Monday projected India to clock a "steroid-free" growth of 8 per cent over the next few years.
In its 'APAC Economic Snapshots--September 2016' report, S&P said India's structural reform agenda has maintained strong momentum and should propel growth higher.
"For India, we are still forecasting GDP growth at about 8 per cent over the next few years. Moreover, this is relatively high quality, "steroid-free" growth backed by a broadening consumption base," S&P said.
Country's structural reform agenda has maintained strong momentum, most recently with the GST passage, and should propel growth higher, it added.
"Inflation remains a risk, given the large weights on food, fuel, and other volatile items in the Reserve Bank of India's target basket," S&P said.
The latest gross domestic production (GDP) figures showed that India's growth slowed to 7.1 per cent in the April-June quarter, from 7.9 per cent in January-March period.
Reserve Bank has also said the near-term growth outlook for India seems brighter than last fiscal and the economy is likely to expand at 7.6 per cent in 2016-17.
Backed by broadening of domestic consumption base, S&P Global Ratings on Monday projected India to clock a "steroid-free" growth of 8 per cent over the next few years.
In its 'APAC Economic Snapshots--September 2016' report, S&P said India's structural reform agenda has maintained strong momentum and should propel growth higher.
"For India, we are still forecasting GDP growth at about 8 per cent over the next few years. Moreover, this is relatively high quality, "steroid-free" growth backed by a broadening consumption base," S&P said.
Country's structural reform agenda has maintained strong momentum, most recently with the GST passage, and should propel growth higher, it added.
"Inflation remains a risk, given the large weights on food, fuel, and other volatile items in the Reserve Bank of India's target basket," S&P said.
The latest gross domestic production (GDP) figures showed that India's growth slowed to 7.1 per cent in the April-June quarter, from 7.9 per cent in January-March period.
Reserve Bank has also said the near-term growth outlook for India seems brighter than last fiscal and the economy is likely to expand at 7.6 per cent in 2016-17.
Five things to know about Flipkart's Big Billion Day sale 2016
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The clash of the ecommerce titans in October is set to be a win-win situation for the consumers. Flipkart, Amazon and Snapdeal are the prominent players in the e-commerce market.
The discount sales are the most anticipated events in the online marketplace, with people spending on household, electronics and other products, creating huge business opportunities for online and offline retailers during the festive season.
We take a look at how Flipkart aims to use its 'Big Billion Day sale' to fight for the leadership position in the Indian e-commerce market.
Fashion segment
Fashion will be the key segment for Flipkart, through which the e-tailer expects to counter the effect of huge investment announced by Amazon. Founder and CEO Jeff Bezos committed $3 billion in June 2016 for its Indian operations. Market leader Myntra, Flipkart's fashion arm, in August 2016 acquired online fashion place Jabong from Snapdeal this year. Now, Myntra and Jabong are estimated to earn Rs 400-500 crore in revenue per month.
Buy-Now-Pay-Later scheme
Flipkart is expected to unveil the scheme in the October Big Billion Day (BBD) sale and is said to be in talks with lenders to arrange pre-approved loans for consumers. The move will give Flipkart a big edge over its competitors Amazon and Snapdeal. It will be interesting to see how much interest the buyers have to pay on loans if any. Whether Flipkart opts to adjust the interest payment with the final product price or bears the interest charges itself will also decide impact of the move on the company's revenue figures and popularity of the scheme.
Staggered BBD sale
The 'Big Billion Day' sale is likely to be organised in installments in October. The move will ensure better and timely service to its consumers. In 2014, the sale also saw mismanagement of large number of orders and hence confusion among buyers. The e tailer, it seems, wants smooth operations of sale this time with its staggered BBD sale.
Raising stock of products
Flipkart is putting in largescale efforts to raise its stock of products ahead of the sale. The BBD sale will start after Shradh, a 16 lunar day period in Hindu calender when Hindus pay homage to their ancestors. Buying clothes, equipments and other products is forbidden during this period. The Shradh ends on October 1. Hence, retailers are likely to see a jump in demand of household products, luxury items and electronic appliances among others.
Re 1 sale
The firm is likely to bring back its Re 1 offer, launched during the first big-billion day sale. Under the special offer, expensive products and accessories are sold in a flash sale at Re 1 for limited number of hours during a day.
The clash of the ecommerce titans in October is set to be a win-win situation for the consumers. Flipkart, Amazon and Snapdeal are the prominent players in the e-commerce market.
The discount sales are the most anticipated events in the online marketplace, with people spending on household, electronics and other products, creating huge business opportunities for online and offline retailers during the festive season.
We take a look at how Flipkart aims to use its 'Big Billion Day sale' to fight for the leadership position in the Indian e-commerce market.
Fashion segment
Fashion will be the key segment for Flipkart, through which the e-tailer expects to counter the effect of huge investment announced by Amazon. Founder and CEO Jeff Bezos committed $3 billion in June 2016 for its Indian operations. Market leader Myntra, Flipkart's fashion arm, in August 2016 acquired online fashion place Jabong from Snapdeal this year. Now, Myntra and Jabong are estimated to earn Rs 400-500 crore in revenue per month.
Fashion will be the key segment for Flipkart, through which the e-tailer expects to counter the effect of huge investment announced by Amazon. Founder and CEO Jeff Bezos committed $3 billion in June 2016 for its Indian operations. Market leader Myntra, Flipkart's fashion arm, in August 2016 acquired online fashion place Jabong from Snapdeal this year. Now, Myntra and Jabong are estimated to earn Rs 400-500 crore in revenue per month.
Buy-Now-Pay-Later scheme
Flipkart is expected to unveil the scheme in the October Big Billion Day (BBD) sale and is said to be in talks with lenders to arrange pre-approved loans for consumers. The move will give Flipkart a big edge over its competitors Amazon and Snapdeal. It will be interesting to see how much interest the buyers have to pay on loans if any. Whether Flipkart opts to adjust the interest payment with the final product price or bears the interest charges itself will also decide impact of the move on the company's revenue figures and popularity of the scheme.
Staggered BBD sale
The 'Big Billion Day' sale is likely to be organised in installments in October. The move will ensure better and timely service to its consumers. In 2014, the sale also saw mismanagement of large number of orders and hence confusion among buyers. The e tailer, it seems, wants smooth operations of sale this time with its staggered BBD sale.
The 'Big Billion Day' sale is likely to be organised in installments in October. The move will ensure better and timely service to its consumers. In 2014, the sale also saw mismanagement of large number of orders and hence confusion among buyers. The e tailer, it seems, wants smooth operations of sale this time with its staggered BBD sale.
Raising stock of products
Flipkart is putting in largescale efforts to raise its stock of products ahead of the sale. The BBD sale will start after Shradh, a 16 lunar day period in Hindu calender when Hindus pay homage to their ancestors. Buying clothes, equipments and other products is forbidden during this period. The Shradh ends on October 1. Hence, retailers are likely to see a jump in demand of household products, luxury items and electronic appliances among others.
Re 1 sale
Re 1 sale
The firm is likely to bring back its Re 1 offer, launched during the first big-billion day sale. Under the special offer, expensive products and accessories are sold in a flash sale at Re 1 for limited number of hours during a day.
Telcos deposit Rs 14,653 crore for spectrum auction
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Leading telecom operators have deposited Rs 14,653 crore as earnest money for the country's largest ever spectrum auction from October 1, with Reliance Jio alone submitting Rs 6,500 crore.
As per the information released by the Department of Telecom on Monday, with Rs 6,500 crore, the Mukesh Ambani-led firm is eligible for placing bids in any of the 22 telecom circles in the country and in any spectrum band.
Vodafone India has submitted EMD of Rs 2,740 crore, Idea Cellular Rs 2,000 crore and Bharti Airtel Rs 1,980 crore.
These companies too are eligible for bidding in any circle.
Earnest Money Deposit (EMD) is indicative of a company's strategy to bid in specific circles and spectrum bands. It gives them eligibility points with regard to those circles.
Reliance Jio, as per the information, is only company which has potential to buy spectrum in premium 700 Mhz at floor price in most of the circles as a pan-India bidder for 700 Mhz spectrum needs to have EMD of Rs 5,610 crore.
This is the first time that government will auction the 700 Mhz band, considered to be the most premium as the estimated cost of providing service through it is about one-third of 3G under the 2100 Mhz band.
A firm opting to buy spectrum in 700 Mhz band will need to shell out a minimum of Rs 57,425 crore. Total spectrum worth Rs 4,01,975 crore in 700 Mhz band is being put up for auction.
Tata Teleservices has submitted EMD of Rs 1,000 crore, Reliance Communications Rs 313 crore and Aircel Rs 120 crore.
Mobile frequencies in all bands-700 Mhz, 800 Mhz, 900 Mhz, 1800 Mhz, 2100 Mhz and 2300 Mhz-will be put on the block in the upcoming auction. All the radiowaves being put up for auction can be used for providing high-speed 4G services.
The Finance Ministry in the Budget pegged the revenue target at Rs 98,995 crore from the telecom space, which includes Rs 64,000 crore from the auction of about 2,354.55 Mhz of spectrum and the rest from various levies and services this financial year.
As per DoT, Tata Teleservices can bid for spectrum in all bands in Mumbai and Maharashtra circles, and 800 Mhz band (known as CDMA service band) across all circles except Assam and North East (NE), and 900 Mhz in all circles barring Assam, NE and Delhi. It can bid for 3G spectrum in Gujarat, Haryana, Karnataka, Kerala, MP, Maharashtra, Mumbai, Punjab, Rajasthan and UP (West). It is not eligible to bid for premium 700 Mhz band spectrum except in Mumbai and Maharashtra.
Similarly, there are host of restriction on bidding eligibility of Aircel. It cannot bid for spectrum in premium 700 Mhz, 800 Mhz and 2500 Mhz in any of the circle. The company has been found to be ineligible for bidding in 13 out of 22 circles for 3G spectrum which include Tamil Nadu, Uttar Pradesh (East), Andhra Pradesh, Bihar, Karnataka etc.
It can only bid for spectrum in 900 and 1800 Mhz band across all circles.
Anil Ambani-led Reliance Communications is eligible to bid for spectrum across country except North East and Assam.
Leading telecom operators have deposited Rs 14,653 crore as earnest money for the country's largest ever spectrum auction from October 1, with Reliance Jio alone submitting Rs 6,500 crore.
As per the information released by the Department of Telecom on Monday, with Rs 6,500 crore, the Mukesh Ambani-led firm is eligible for placing bids in any of the 22 telecom circles in the country and in any spectrum band.
Vodafone India has submitted EMD of Rs 2,740 crore, Idea Cellular Rs 2,000 crore and Bharti Airtel Rs 1,980 crore.
These companies too are eligible for bidding in any circle.
Earnest Money Deposit (EMD) is indicative of a company's strategy to bid in specific circles and spectrum bands. It gives them eligibility points with regard to those circles.
Reliance Jio, as per the information, is only company which has potential to buy spectrum in premium 700 Mhz at floor price in most of the circles as a pan-India bidder for 700 Mhz spectrum needs to have EMD of Rs 5,610 crore.
This is the first time that government will auction the 700 Mhz band, considered to be the most premium as the estimated cost of providing service through it is about one-third of 3G under the 2100 Mhz band.
A firm opting to buy spectrum in 700 Mhz band will need to shell out a minimum of Rs 57,425 crore. Total spectrum worth Rs 4,01,975 crore in 700 Mhz band is being put up for auction.
Tata Teleservices has submitted EMD of Rs 1,000 crore, Reliance Communications Rs 313 crore and Aircel Rs 120 crore.
Mobile frequencies in all bands-700 Mhz, 800 Mhz, 900 Mhz, 1800 Mhz, 2100 Mhz and 2300 Mhz-will be put on the block in the upcoming auction. All the radiowaves being put up for auction can be used for providing high-speed 4G services.
The Finance Ministry in the Budget pegged the revenue target at Rs 98,995 crore from the telecom space, which includes Rs 64,000 crore from the auction of about 2,354.55 Mhz of spectrum and the rest from various levies and services this financial year.
As per DoT, Tata Teleservices can bid for spectrum in all bands in Mumbai and Maharashtra circles, and 800 Mhz band (known as CDMA service band) across all circles except Assam and North East (NE), and 900 Mhz in all circles barring Assam, NE and Delhi. It can bid for 3G spectrum in Gujarat, Haryana, Karnataka, Kerala, MP, Maharashtra, Mumbai, Punjab, Rajasthan and UP (West). It is not eligible to bid for premium 700 Mhz band spectrum except in Mumbai and Maharashtra.
Similarly, there are host of restriction on bidding eligibility of Aircel. It cannot bid for spectrum in premium 700 Mhz, 800 Mhz and 2500 Mhz in any of the circle. The company has been found to be ineligible for bidding in 13 out of 22 circles for 3G spectrum which include Tamil Nadu, Uttar Pradesh (East), Andhra Pradesh, Bihar, Karnataka etc.
It can only bid for spectrum in 900 and 1800 Mhz band across all circles.
Anil Ambani-led Reliance Communications is eligible to bid for spectrum across country except North East and Assam.
Moody's says Indian banks moving past worst of bad loans
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The banking sector is moving past the worst of its asset quality down cycle, Moody's Investors Service said on Monday, although it warned that state-run banks' capital levels remain a key weakness.
Gross bad loans as a percentage of total loans of Indian banks have nearly doubled to 8.7 percent as of June, from 4.6 percent in March last year, according to data from the nation's central bank. Including rolled-over or restructured loans, 12 percent of all bank loans were stressed as of end-June.
Banks' additions to bad loans surged this year after an asset quality review ordered by regulator the Reserve Bank of India, which wants the commercial lenders to clean up their balance sheets by March 2017.
Moody's said it had a "stable" outlook for the banking sector over the next 12 to 18 months.
"While the stock of impaired loans may still increase during the horizon of this outlook, the pace of new impaired loan formation should be lower than what it has been over the last few years," the rating agency said in a report.
For the 11 Indian state-run banks the agency rates, it estimates a capital requirement of Rs 1.2 trillion ($18 billion) by March 2019 to meet the global Basel III banking rules, Alka Anbarasu, a senior analyst, said at a press conference, reiterating earlier forecasts.
The government has estimated a total capital requirement of Rs 1.8 trillion for all 22 state-run banks. It has pledged to inject over four years to March 2019 a total of Rs 700 billion, which many including Moody's believe will not be enough.
"A potential way to bridge this capital shortfall would be to slow loan growth to the low single digits over the next three years," Moody's said in the report.
The banking sector is moving past the worst of its asset quality down cycle, Moody's Investors Service said on Monday, although it warned that state-run banks' capital levels remain a key weakness.
Gross bad loans as a percentage of total loans of Indian banks have nearly doubled to 8.7 percent as of June, from 4.6 percent in March last year, according to data from the nation's central bank. Including rolled-over or restructured loans, 12 percent of all bank loans were stressed as of end-June.
Banks' additions to bad loans surged this year after an asset quality review ordered by regulator the Reserve Bank of India, which wants the commercial lenders to clean up their balance sheets by March 2017.
Moody's said it had a "stable" outlook for the banking sector over the next 12 to 18 months.
"While the stock of impaired loans may still increase during the horizon of this outlook, the pace of new impaired loan formation should be lower than what it has been over the last few years," the rating agency said in a report.
For the 11 Indian state-run banks the agency rates, it estimates a capital requirement of Rs 1.2 trillion ($18 billion) by March 2019 to meet the global Basel III banking rules, Alka Anbarasu, a senior analyst, said at a press conference, reiterating earlier forecasts.
The government has estimated a total capital requirement of Rs 1.8 trillion for all 22 state-run banks. It has pledged to inject over four years to March 2019 a total of Rs 700 billion, which many including Moody's believe will not be enough.
"A potential way to bridge this capital shortfall would be to slow loan growth to the low single digits over the next three years," Moody's said in the report.
NPAs to dip on high industrial capacity utilisation: SBI chief
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SBI chairperson Arundhati Bhattacharya said on Monday the stressed assets level in the banking sector will come down once the key industrial sectors start functioning at their optimum capacity.
During a media interaction, the SBI chief said that most industrial units are working at 60 to 65 per cent of their capacity against the desired 80 to 85 per cent.
NPAs will start coming down as the demand comes back in the economy and then you see more and more capacity utilisation, which is still sub-optimal. Be it manufacturing units or power plants, most of them are running at around 60 to 65 per cent of their capacity, Bhattacharya said.
When this comes up to 80 to 85 per cent capacity, you will definitely see NPAs coming down, she said when asked about Non Performing Assets (NPAs). She was in Gandhinagar to attend the foundation stone laying ceremony of SBI's Local Head Office (LHO) at Gujarat International Finance Tec-City (GIFT City).
The 14-storey tower will come up at an investment of Rs 100 crore. Upon completion, current LHO in Ahmedabad will be shifted here. During her visit at the GIFT City, Bhattacharya also inaugurated SBI's IFSC Banking Unit (IBU) at International Financial Services Centre (IFCS) in the GIFT Special Economic Zone.
Commenting on the recent announcement about the merger of SBI and its subsidiaries, Bhattacharya said the merger is essential in the wake of tough competition from Non Banking Financial Companies (NBFCs).
The merger is essential, because today banking is evolving at very fast rate. You face competition from not only other banks, but also from NBFCs.
In order to sustain profitable growth, it is important for us to consolidate, because small organisations do not have such strength or capital, she added.
Commenting on a recent report that employees of some banks are depositing money from their pockets into Jan-Dhan accounts, Bhattacharya said, I am not aware of this fact. It is not something which happens in our bank, and I can assure you on that.
SBI chairperson Arundhati Bhattacharya said on Monday the stressed assets level in the banking sector will come down once the key industrial sectors start functioning at their optimum capacity.
During a media interaction, the SBI chief said that most industrial units are working at 60 to 65 per cent of their capacity against the desired 80 to 85 per cent.
NPAs will start coming down as the demand comes back in the economy and then you see more and more capacity utilisation, which is still sub-optimal. Be it manufacturing units or power plants, most of them are running at around 60 to 65 per cent of their capacity, Bhattacharya said.
When this comes up to 80 to 85 per cent capacity, you will definitely see NPAs coming down, she said when asked about Non Performing Assets (NPAs). She was in Gandhinagar to attend the foundation stone laying ceremony of SBI's Local Head Office (LHO) at Gujarat International Finance Tec-City (GIFT City).
The 14-storey tower will come up at an investment of Rs 100 crore. Upon completion, current LHO in Ahmedabad will be shifted here. During her visit at the GIFT City, Bhattacharya also inaugurated SBI's IFSC Banking Unit (IBU) at International Financial Services Centre (IFCS) in the GIFT Special Economic Zone.
Commenting on the recent announcement about the merger of SBI and its subsidiaries, Bhattacharya said the merger is essential in the wake of tough competition from Non Banking Financial Companies (NBFCs).
The merger is essential, because today banking is evolving at very fast rate. You face competition from not only other banks, but also from NBFCs.
In order to sustain profitable growth, it is important for us to consolidate, because small organisations do not have such strength or capital, she added.
Commenting on a recent report that employees of some banks are depositing money from their pockets into Jan-Dhan accounts, Bhattacharya said, I am not aware of this fact. It is not something which happens in our bank, and I can assure you on that.
General Awareness
List of Important Office Holders, Bank CEO and MD’s in India – Update on September 2016
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Dear Readers,
We are sharing with you the List of Important Office Holders, Bank CEO and MD’s Name in India. It will help you in upcoming IBPS,SSC and other competitive exams.
CONSTITUTIONAL OFFICES :
1. President of India—Pranab Mukherjee
2. Vice President of India / Chairman of the Rajya Sabha—Mohammad Hamid Ansari
3. Chief Justice of India—T. S. Thakur
POLITICAL OFFICIAL :
1. Prime Minister of India—Narendra Damodardas Modi
Cabinet Ministers:
S.No Cabinet Ministers Portfolio 1 Shri Raj Nath Singh Home Affairs 2 Smt. Sushma Swaraj External Affairs 3 Shri Arun Jaitley Finance Corporate Affairs 4 Shri M. Venkaiah Naidu Urban Development Housing and Urban Poverty Alleviation Information & Broadcasting 5 Shri Nitin Jairam Gadkari Road Transport and Highways Shipping 6 Shri Manohar Parrikar Defence 7 Shri Suresh Prabhu Railways 8 Shri D. V. Sadananda Gowda Statistics & Programme Implementation 9 Sushri Uma Bharati Water Resources, River Development and Ganga Rejuvenation 11 Shri Ramvilas Paswan Consumer Affairs, Food and Public Distribution 12 Shri Kalraj Mishra Micro, Small and Medium Enterprises 13 Smt. Maneka Sanjay Gandhi Women and Child Development 14 Shri Ananthkumar Chemicals and Fertilizers Parliamentary Affairs 15 Shri Ravi Shankar Prasad Law & Justice Electronics & Information Technology 16 Shri Jagat Prakash Nadda Health and Family Welfare 17 Shri Ashok Gajapathi Raju Pusapati Civil Aviation 18 Shri Anant Geete Heavy Industries and Public Enterprises 19 Smt. Harsimrat Kaur Badal Food Processing Industries 20 Shri Narendra Singh Tomar Rural Development Panchayati Raj Drinking Water and Sanitation 21 Shri Chaudhary Birender Singh Steel 22 Shri Jual Oram Tribal Affairs 23 Shri Radha Mohan Singh Agriculture & Farmers Welfare 24 Shri Thawar Chand Gehlot Social Justice and Empowerment 25 Smt. Smriti Zubin Irani Textiles 26 Dr. Harsh Vardhan Science and Technology Earth Sciences 27 Shri Prakash Javadekar Human Resource Development
Ministers of State (Independent Charge) :
1 Shri Rao Inderjit Singh Planning (Independent Charge)
Urban Development
Housing & Urban Poverty Alleviation 2 Shri Bandaru Dattatreya Labour and Employment (Independent Charge) 3 Shri Rajiv Pratap Rudy Skill Development & Entrepreneurship (Independent Charge) 4 Shri Vijay Goel Youth Affairs and Sports (Independent Charge)
Water Resources, River Development & Ganga Rejuvenation 5 Shri Shripad Yesso Naik AAYUSH (Independent Charge) 6 Shri Dharmendra Pradhan Petroleum and Natural Gas (Independent Charge) 7 Shri Piyush Goyal Power (Independent Charge)
Coal (Independent Charge)
New and Renewable Energy (Independent Charge)
Mines (Independent Charge) 8 Dr. Jitendra Singh Development of North Eastern Region (Independent Charge)
Prime Minister’s Office
Personnel, Public Grievances & Pensions
Department of Atomic Energy
Department of Space 9 Smt. Nirmala Sitharaman Commerce and Industry (Independent Charge) 10 Dr. Mahesh Sharma Culture (Independent Charge)
Tourism (Independent Charge) 11 Shri Manoj Sinha Communications (Independent Charge)
Railways 12 Shri Anil Madhav Dave Environment, Forest and Climate Change (Independent Charge) 13 Shri Mukhtar Abbas Naqvi Minority Affairs (Independent Charge)
Parliamentary Affairs
Ministers of State :
1 General(Retd.) V.K. Singh External Affairs 2 Shri Santosh Kumar Gangwar Finance 3 Shri Faggan Singh Kulaste Health & Family Welfare 4 Shri S.S. Ahluwalia Agriculture & Farmers Welfare
Parliamentary Affairs 5 Shri Ramdas Athawale Social Justice & Empowerment 6 Shri Ram Kripal Yadav Rural Development 7 Shri Haribhai Parthbhai Chaudhary Micro, Small & Medium Enterprises 8 Shri Giriraj Singh Micro, Small & Medium Enterprises 9 Shri Hansraj Gangaram Ahir Home Affairs 10 Shri Ramesh Chandappa Jigajinagi Drinking Water & Sanitation 11 Shri Rajen Gohain Railways 12 Shri Parshottam Rupala Agriculture & Farmers Welfare
Panchayati Raj 13 Shri M.J. Akbar External Affairs 14 Shri Upendra Kushwaha Human Resources Development 15 Shri Radhakrishnan P. Road Transport & Highways
Shipping 16 Shri Kiren Rijiju Home Affairs 17 Shri Krishan Pal Social Justice & Empowerment 18 Shri Jasvantsinh Sumanbhai Bhabhor Tribal Affairs 19 Dr. Sanjeev Kumar Balyan Water Resources, River Development & Ganga Rejuvenation 20 Shri Vishnu Deo Sai Steel 21 Shri Sudarshan Bhagat Agriculture and Farmers Welfare 22 Shri Y.S. Chowdary Science and Technology
Earth Science 23 Shri Jayant Sinha Civil Aviation 24 Col. Rajyavardhan Singh Rathore Information & Broadcasting 25 Shri Babul Supriyo Heavy Industries
Public Enterprises 26 Sadhvi Niranjan Jyoti Food Processing Industries 27 Shri Vijay Sampla Social Justice & Empowerment 28 Shri Arjun Ram Meghwal Finance
Corporate Affairs 29 Dr. Mahendra Nath Pandey Human Resource Development 30 Shri Ajay Tamta Textiles 31 Smt. Krishna Raj Women & Child Development 32 Shri Mansukh L. Mandaviya Road Transport & Highways, Shipping,
Chemicals & Fertilizers 33 Smt. Anupriya Patel Health & Family Welfare 34 Shri C.R. Chaudhary Consumer Affairs, Food & Public Distribution 35 Shri P.P. Chaudhary Law & Justice
Electronics & Information Technology 36 Dr. Subhash Ramrao Bhamre Defence
HEADS OF GOVT. APEX WING :
1. Chief Election Commissioner of India–Syed Nasim Ahmad Zaidi
2. Chairperson, National Human Rights Commission–H.L. Dattu
3. Chief Commissioner, Central Information Commission–R.K.Mathur.
4. Chairman, National Commission for Minorities–Shri Naseem Ahmad
5. Chairman, National Commission for SC–P. L. Punia
6. Chairman, National Commission for ST–Rameshwar Oraon
7. Chairperson, National commission for backward classes —V Easwaraiah
7. Chairperson, National Commission for Women–Lalitha Kumaramangalam
8. Chairman, Atomic Energy Commission– Dr. Sekhar Basu
9. Chairman, ISRO–A S Kiran Kumar
10. Chairman, Union Public Service Commission–Deepak Gupta
11. Chairman, National Knowledge Commission–Sam Pitroda
12. Chairman, University Grants Commission–Ved Prakash
13. Chairman, Central Water Commission of India–Ashwin B. Pandya
14. Space Applications Center, Administrator(Director)–Tapan Misra
HEADS OF FINANCIAL BODIES :
1. Governor of Reserve Bank of India–Urjit Patel
2. Chairman, 14th Finance Commission of India–Y.Venugopal Reddy
3. Chairman, Securities and Exchange Board of India (SEBI)–Upendra Kumar Sinha
4. Chairman, Insurance Regulatory and Development Authority of India–T. S. Vijayan
5. Chairman, 7th Pay Commission–Ashok Kumar Mathur
6. Chairman, SIDBI–Kshatrapati Shiaji
BUREAUCRATS :
1. Cabinet Secretary of India–Pradeep Kumar Sinha
2. National Security Adviser–Ajit Kumar Doval
3. Secretary-General of the Rajya Sabha–Shumsher K. Sheriff
4. Secretary-General of the Lok Sabha–Anoop Mishra
5. Attorney General of India–Mukul Rohatgi
6. Comptroller and Auditor General of India–Shashi Kant Sharma
7. Solicitor General of India–Ranjit Kumar
8. Principal Scientific Adviser–R. Chidambaram
9. Permanent Representative of India to the United Nations–Syed Akbaruddin.
10. Chairman, Railway Board–AK Mittal
11. Foreign Secretary–Subrahmanyam Jaishankar
12. Union Home Secretary–Rajiv Mehrishi
13. Finance Secretary– Ashok Lavasa
DEFENCE & SECURITY :
1. Chief of Army Staff–General Dalbir Singh Suhag
2. Chief of Air Staff–Air Chief Marshal Arup Raha
3. Chief of Naval Staff–Sunil Lanba
4. Chief of Integrated Defence Staff–Air Marshal PP Reddy
5. Director General, Border Security Force–K.K Sharma
6. Director General, Central Reserve Police Force–K.Durga Prasad
7. Director General, Central Industrial Security Force–Surender Singh
8. Director-General of Military Intelligence–Lt. Gen K G Krishna
9. Director, Central Bureau of Investigation–Anil Kumar Sinha
10. Director, Intelligence Bureau–Dineshwar Sharma
11. Director General, National Investigation Agency–Sharad Kumar
12. Secretary (Research)–Rajinder Khanna
13. Member (Investigation CBDT)–Atulesh Jindal
14. Director General of ITBP–Krishna Chaudhary
CEO & MD OF BANKS :
1. State Bank of India–Smt Arundhati Bhattacharya
Nationalised Banks :
2. Allahabad Bank–Rakesh Sethi
3. Andhra Bank– Suresh N Patel
4. Bank of Baroda–P.S. Jayakumar
5. Bank of India–Melwyn O Rego
6. Bank of Maharashtra–Sushil Muhnot
7. Bharatiya Mahila Bank–S.M.Swathi(ED)
8. Canara Bank–Rakesh Sharma
9. Central Bank of India–Rajeev Rishi
10. Corporation Bank–J K Garg
11. Dena Bank–Ashwani Kumar
12. IDBI Bank Ltd–Kishore Piraji Kharat
13. Indian Bank–Mahesh Kumar Jain
14. Indian Overseas Bank–R Koteeswaram
15. Oriental Bank of Commerce–Animesh Chauhan
16. Punjab And Sind Bank–Jatinder Bir Singh
17. Punjab National Bank–Usha Ananthasubramanian
18. Syndicate Bank–Arun Shrivastava
19. UCO Bank–R K Takkar
20. Union Bank of India–Arun Tiwari
21. United Bank of India–P Srinivas
22. Vijaya Bank–Kishore Kumar Sansi
Private Banks :
23. Axis Bank–Smt. Shikha Sharma
24. Catholic Syrian Bank–Anand Krishnamurthy(Resigned)
25. City Union Bank–Dr. N. Kamakodi
26. Development Credit Bank–Murali M. Natrajan
27. Dhanalakshmi Bank–G. Sreeram
28. Federal Bank–Shyam Srinivasan
29. HDFC Bank–Aditya Puri
30. ICICI Bank–Smt Chanda Kochar
31. IndusInd Bank–Romesh Sobti
32. ING Vysya Bank–Shailendra Bhandari
33. Jammu & Kashmir Bank–Mushtaq Ahmad
34. Karnataka Bank–Polali Jayarama Bhat
35. Karur Vysya Bank–K. Venkataraman
36. Kotak Mahindra Bank–Uday Kotak
37. Lakshmi Vilas Bank–Parthasarathi Mukherjee
38. Nainital Bank–Mr. Mukesh Sharma
39. Ratnakar Bank–Vishwavir Ahuja
40. South Indian Bank–V.G. Mathew
41. Tamilnad Mercantile Bank–H.S. Upendra Kamath
42. Yes Bank’s Ltd–Rana Kapoor
Dear Readers,
We are sharing with you the List of Important Office Holders, Bank CEO and MD’s Name in India. It will help you in upcoming IBPS,SSC and other competitive exams.
We are sharing with you the List of Important Office Holders, Bank CEO and MD’s Name in India. It will help you in upcoming IBPS,SSC and other competitive exams.
CONSTITUTIONAL OFFICES :
1. President of India—Pranab Mukherjee
2. Vice President of India / Chairman of the Rajya Sabha—Mohammad Hamid Ansari
3. Chief Justice of India—T. S. Thakur
POLITICAL OFFICIAL :
1. Prime Minister of India—Narendra Damodardas Modi
1. Prime Minister of India—Narendra Damodardas Modi
Cabinet Ministers:
| S.No | Cabinet Ministers | Portfolio |
| 1 | Shri Raj Nath Singh | Home Affairs |
| 2 | Smt. Sushma Swaraj | External Affairs |
| 3 | Shri Arun Jaitley | Finance |
| Corporate Affairs | ||
| 4 | Shri M. Venkaiah Naidu | Urban Development |
| Housing and Urban Poverty Alleviation | ||
| Information & Broadcasting | ||
| 5 | Shri Nitin Jairam Gadkari | Road Transport and Highways |
| Shipping | ||
| 6 | Shri Manohar Parrikar | Defence |
| 7 | Shri Suresh Prabhu | Railways |
| 8 | Shri D. V. Sadananda Gowda | Statistics & Programme Implementation |
| 9 | Sushri Uma Bharati | Water Resources, River Development and Ganga Rejuvenation |
| 11 | Shri Ramvilas Paswan | Consumer Affairs, Food and Public Distribution |
| 12 | Shri Kalraj Mishra | Micro, Small and Medium Enterprises |
| 13 | Smt. Maneka Sanjay Gandhi | Women and Child Development |
| 14 | Shri Ananthkumar | Chemicals and Fertilizers |
| Parliamentary Affairs | ||
| 15 | Shri Ravi Shankar Prasad | Law & Justice |
| Electronics & Information Technology | ||
| 16 | Shri Jagat Prakash Nadda | Health and Family Welfare |
| 17 | Shri Ashok Gajapathi Raju Pusapati | Civil Aviation |
| 18 | Shri Anant Geete | Heavy Industries and Public Enterprises |
| 19 | Smt. Harsimrat Kaur Badal | Food Processing Industries |
| 20 | Shri Narendra Singh Tomar | Rural Development |
| Panchayati Raj | ||
| Drinking Water and Sanitation | ||
| 21 | Shri Chaudhary Birender Singh | Steel |
| 22 | Shri Jual Oram | Tribal Affairs |
| 23 | Shri Radha Mohan Singh | Agriculture & Farmers Welfare |
| 24 | Shri Thawar Chand Gehlot | Social Justice and Empowerment |
| 25 | Smt. Smriti Zubin Irani | Textiles |
| 26 | Dr. Harsh Vardhan | Science and Technology |
| Earth Sciences | ||
| 27 | Shri Prakash Javadekar | Human Resource Development |
Ministers of State (Independent Charge) :
| 1 | Shri Rao Inderjit Singh | Planning (Independent Charge) Urban Development Housing & Urban Poverty Alleviation |
| 2 | Shri Bandaru Dattatreya | Labour and Employment (Independent Charge) |
| 3 | Shri Rajiv Pratap Rudy | Skill Development & Entrepreneurship (Independent Charge) |
| 4 | Shri Vijay Goel | Youth Affairs and Sports (Independent Charge) Water Resources, River Development & Ganga Rejuvenation |
| 5 | Shri Shripad Yesso Naik | AAYUSH (Independent Charge) |
| 6 | Shri Dharmendra Pradhan | Petroleum and Natural Gas (Independent Charge) |
| 7 | Shri Piyush Goyal | Power (Independent Charge) Coal (Independent Charge) New and Renewable Energy (Independent Charge) Mines (Independent Charge) |
| 8 | Dr. Jitendra Singh | Development of North Eastern Region (Independent Charge) Prime Minister’s Office Personnel, Public Grievances & Pensions Department of Atomic Energy Department of Space |
| 9 | Smt. Nirmala Sitharaman | Commerce and Industry (Independent Charge) |
| 10 | Dr. Mahesh Sharma | Culture (Independent Charge) Tourism (Independent Charge) |
| 11 | Shri Manoj Sinha | Communications (Independent Charge) Railways |
| 12 | Shri Anil Madhav Dave | Environment, Forest and Climate Change (Independent Charge) |
| 13 | Shri Mukhtar Abbas Naqvi | Minority Affairs (Independent Charge) Parliamentary Affairs |
Ministers of State :
| 1 | General(Retd.) V.K. Singh | External Affairs |
| 2 | Shri Santosh Kumar Gangwar | Finance |
| 3 | Shri Faggan Singh Kulaste | Health & Family Welfare |
| 4 | Shri S.S. Ahluwalia | Agriculture & Farmers Welfare Parliamentary Affairs |
| 5 | Shri Ramdas Athawale | Social Justice & Empowerment |
| 6 | Shri Ram Kripal Yadav | Rural Development |
| 7 | Shri Haribhai Parthbhai Chaudhary | Micro, Small & Medium Enterprises |
| 8 | Shri Giriraj Singh | Micro, Small & Medium Enterprises |
| 9 | Shri Hansraj Gangaram Ahir | Home Affairs |
| 10 | Shri Ramesh Chandappa Jigajinagi | Drinking Water & Sanitation |
| 11 | Shri Rajen Gohain | Railways |
| 12 | Shri Parshottam Rupala | Agriculture & Farmers Welfare Panchayati Raj |
| 13 | Shri M.J. Akbar | External Affairs |
| 14 | Shri Upendra Kushwaha | Human Resources Development |
| 15 | Shri Radhakrishnan P. | Road Transport & Highways Shipping |
| 16 | Shri Kiren Rijiju | Home Affairs |
| 17 | Shri Krishan Pal | Social Justice & Empowerment |
| 18 | Shri Jasvantsinh Sumanbhai Bhabhor | Tribal Affairs |
| 19 | Dr. Sanjeev Kumar Balyan | Water Resources, River Development & Ganga Rejuvenation |
| 20 | Shri Vishnu Deo Sai | Steel |
| 21 | Shri Sudarshan Bhagat | Agriculture and Farmers Welfare |
| 22 | Shri Y.S. Chowdary | Science and Technology Earth Science |
| 23 | Shri Jayant Sinha | Civil Aviation |
| 24 | Col. Rajyavardhan Singh Rathore | Information & Broadcasting |
| 25 | Shri Babul Supriyo | Heavy Industries Public Enterprises |
| 26 | Sadhvi Niranjan Jyoti | Food Processing Industries |
| 27 | Shri Vijay Sampla | Social Justice & Empowerment |
| 28 | Shri Arjun Ram Meghwal | Finance Corporate Affairs |
| 29 | Dr. Mahendra Nath Pandey | Human Resource Development |
| 30 | Shri Ajay Tamta | Textiles |
| 31 | Smt. Krishna Raj | Women & Child Development |
| 32 | Shri Mansukh L. Mandaviya | Road Transport & Highways, Shipping, Chemicals & Fertilizers |
| 33 | Smt. Anupriya Patel | Health & Family Welfare |
| 34 | Shri C.R. Chaudhary | Consumer Affairs, Food & Public Distribution |
| 35 | Shri P.P. Chaudhary | Law & Justice Electronics & Information Technology |
| 36 | Dr. Subhash Ramrao Bhamre | Defence |
HEADS OF GOVT. APEX WING :
1. Chief Election Commissioner of India–Syed Nasim Ahmad Zaidi
2. Chairperson, National Human Rights Commission–H.L. Dattu
3. Chief Commissioner, Central Information Commission–R.K.Mathur.
4. Chairman, National Commission for Minorities–Shri Naseem Ahmad
5. Chairman, National Commission for SC–P. L. Punia
6. Chairman, National Commission for ST–Rameshwar Oraon
7. Chairperson, National commission for backward classes —V Easwaraiah
7. Chairperson, National Commission for Women–Lalitha Kumaramangalam
8. Chairman, Atomic Energy Commission– Dr. Sekhar Basu
9. Chairman, ISRO–A S Kiran Kumar
10. Chairman, Union Public Service Commission–Deepak Gupta
11. Chairman, National Knowledge Commission–Sam Pitroda
12. Chairman, University Grants Commission–Ved Prakash
13. Chairman, Central Water Commission of India–Ashwin B. Pandya
14. Space Applications Center, Administrator(Director)–Tapan Misra
2. Chairperson, National Human Rights Commission–H.L. Dattu
3. Chief Commissioner, Central Information Commission–R.K.Mathur.
4. Chairman, National Commission for Minorities–Shri Naseem Ahmad
5. Chairman, National Commission for SC–P. L. Punia
6. Chairman, National Commission for ST–Rameshwar Oraon
7. Chairperson, National commission for backward classes —V Easwaraiah
7. Chairperson, National Commission for Women–Lalitha Kumaramangalam
8. Chairman, Atomic Energy Commission– Dr. Sekhar Basu
9. Chairman, ISRO–A S Kiran Kumar
10. Chairman, Union Public Service Commission–Deepak Gupta
11. Chairman, National Knowledge Commission–Sam Pitroda
12. Chairman, University Grants Commission–Ved Prakash
13. Chairman, Central Water Commission of India–Ashwin B. Pandya
14. Space Applications Center, Administrator(Director)–Tapan Misra
HEADS OF FINANCIAL BODIES :
1. Governor of Reserve Bank of India–Urjit Patel
2. Chairman, 14th Finance Commission of India–Y.Venugopal Reddy
3. Chairman, Securities and Exchange Board of India (SEBI)–Upendra Kumar Sinha
4. Chairman, Insurance Regulatory and Development Authority of India–T. S. Vijayan
5. Chairman, 7th Pay Commission–Ashok Kumar Mathur
6. Chairman, SIDBI–Kshatrapati Shiaji
1. Governor of Reserve Bank of India–Urjit Patel
2. Chairman, 14th Finance Commission of India–Y.Venugopal Reddy
3. Chairman, Securities and Exchange Board of India (SEBI)–Upendra Kumar Sinha
4. Chairman, Insurance Regulatory and Development Authority of India–T. S. Vijayan
5. Chairman, 7th Pay Commission–Ashok Kumar Mathur
6. Chairman, SIDBI–Kshatrapati Shiaji
BUREAUCRATS :
1. Cabinet Secretary of India–Pradeep Kumar Sinha
2. National Security Adviser–Ajit Kumar Doval
3. Secretary-General of the Rajya Sabha–Shumsher K. Sheriff
4. Secretary-General of the Lok Sabha–Anoop Mishra
5. Attorney General of India–Mukul Rohatgi
6. Comptroller and Auditor General of India–Shashi Kant Sharma
7. Solicitor General of India–Ranjit Kumar
8. Principal Scientific Adviser–R. Chidambaram
9. Permanent Representative of India to the United Nations–Syed Akbaruddin.
10. Chairman, Railway Board–AK Mittal
11. Foreign Secretary–Subrahmanyam Jaishankar
12. Union Home Secretary–Rajiv Mehrishi
13. Finance Secretary– Ashok Lavasa
1. Cabinet Secretary of India–Pradeep Kumar Sinha
2. National Security Adviser–Ajit Kumar Doval
3. Secretary-General of the Rajya Sabha–Shumsher K. Sheriff
4. Secretary-General of the Lok Sabha–Anoop Mishra
5. Attorney General of India–Mukul Rohatgi
6. Comptroller and Auditor General of India–Shashi Kant Sharma
7. Solicitor General of India–Ranjit Kumar
8. Principal Scientific Adviser–R. Chidambaram
9. Permanent Representative of India to the United Nations–Syed Akbaruddin.
10. Chairman, Railway Board–AK Mittal
11. Foreign Secretary–Subrahmanyam Jaishankar
12. Union Home Secretary–Rajiv Mehrishi
13. Finance Secretary– Ashok Lavasa
DEFENCE & SECURITY :
1. Chief of Army Staff–General Dalbir Singh Suhag
2. Chief of Air Staff–Air Chief Marshal Arup Raha
3. Chief of Naval Staff–Sunil Lanba
4. Chief of Integrated Defence Staff–Air Marshal PP Reddy
5. Director General, Border Security Force–K.K Sharma
6. Director General, Central Reserve Police Force–K.Durga Prasad
7. Director General, Central Industrial Security Force–Surender Singh
8. Director-General of Military Intelligence–Lt. Gen K G Krishna
9. Director, Central Bureau of Investigation–Anil Kumar Sinha
10. Director, Intelligence Bureau–Dineshwar Sharma
11. Director General, National Investigation Agency–Sharad Kumar
12. Secretary (Research)–Rajinder Khanna
13. Member (Investigation CBDT)–Atulesh Jindal
14. Director General of ITBP–Krishna Chaudhary
1. Chief of Army Staff–General Dalbir Singh Suhag
2. Chief of Air Staff–Air Chief Marshal Arup Raha
3. Chief of Naval Staff–Sunil Lanba
4. Chief of Integrated Defence Staff–Air Marshal PP Reddy
5. Director General, Border Security Force–K.K Sharma
6. Director General, Central Reserve Police Force–K.Durga Prasad
7. Director General, Central Industrial Security Force–Surender Singh
8. Director-General of Military Intelligence–Lt. Gen K G Krishna
9. Director, Central Bureau of Investigation–Anil Kumar Sinha
10. Director, Intelligence Bureau–Dineshwar Sharma
11. Director General, National Investigation Agency–Sharad Kumar
12. Secretary (Research)–Rajinder Khanna
13. Member (Investigation CBDT)–Atulesh Jindal
14. Director General of ITBP–Krishna Chaudhary
CEO & MD OF BANKS :
1. State Bank of India–Smt Arundhati Bhattacharya
Nationalised Banks :
2. Allahabad Bank–Rakesh Sethi
3. Andhra Bank– Suresh N Patel
4. Bank of Baroda–P.S. Jayakumar
5. Bank of India–Melwyn O Rego
6. Bank of Maharashtra–Sushil Muhnot
7. Bharatiya Mahila Bank–S.M.Swathi(ED)
8. Canara Bank–Rakesh Sharma
9. Central Bank of India–Rajeev Rishi
10. Corporation Bank–J K Garg
11. Dena Bank–Ashwani Kumar
12. IDBI Bank Ltd–Kishore Piraji Kharat
13. Indian Bank–Mahesh Kumar Jain
14. Indian Overseas Bank–R Koteeswaram
15. Oriental Bank of Commerce–Animesh Chauhan
16. Punjab And Sind Bank–Jatinder Bir Singh
17. Punjab National Bank–Usha Ananthasubramanian
18. Syndicate Bank–Arun Shrivastava
19. UCO Bank–R K Takkar
20. Union Bank of India–Arun Tiwari
21. United Bank of India–P Srinivas
22. Vijaya Bank–Kishore Kumar Sansi
Private Banks :
23. Axis Bank–Smt. Shikha Sharma
24. Catholic Syrian Bank–Anand Krishnamurthy(Resigned)
25. City Union Bank–Dr. N. Kamakodi
26. Development Credit Bank–Murali M. Natrajan
27. Dhanalakshmi Bank–G. Sreeram
28. Federal Bank–Shyam Srinivasan
29. HDFC Bank–Aditya Puri
30. ICICI Bank–Smt Chanda Kochar
31. IndusInd Bank–Romesh Sobti
32. ING Vysya Bank–Shailendra Bhandari
33. Jammu & Kashmir Bank–Mushtaq Ahmad
34. Karnataka Bank–Polali Jayarama Bhat
35. Karur Vysya Bank–K. Venkataraman
36. Kotak Mahindra Bank–Uday Kotak
37. Lakshmi Vilas Bank–Parthasarathi Mukherjee
38. Nainital Bank–Mr. Mukesh Sharma
39. Ratnakar Bank–Vishwavir Ahuja
40. South Indian Bank–V.G. Mathew
41. Tamilnad Mercantile Bank–H.S. Upendra Kamath
42. Yes Bank’s Ltd–Rana Kapoor
1. State Bank of India–Smt Arundhati Bhattacharya
Nationalised Banks :
2. Allahabad Bank–Rakesh Sethi
3. Andhra Bank– Suresh N Patel
4. Bank of Baroda–P.S. Jayakumar
5. Bank of India–Melwyn O Rego
6. Bank of Maharashtra–Sushil Muhnot
7. Bharatiya Mahila Bank–S.M.Swathi(ED)
8. Canara Bank–Rakesh Sharma
9. Central Bank of India–Rajeev Rishi
10. Corporation Bank–J K Garg
11. Dena Bank–Ashwani Kumar
12. IDBI Bank Ltd–Kishore Piraji Kharat
13. Indian Bank–Mahesh Kumar Jain
14. Indian Overseas Bank–R Koteeswaram
15. Oriental Bank of Commerce–Animesh Chauhan
16. Punjab And Sind Bank–Jatinder Bir Singh
17. Punjab National Bank–Usha Ananthasubramanian
18. Syndicate Bank–Arun Shrivastava
19. UCO Bank–R K Takkar
20. Union Bank of India–Arun Tiwari
21. United Bank of India–P Srinivas
22. Vijaya Bank–Kishore Kumar Sansi
Private Banks :
23. Axis Bank–Smt. Shikha Sharma
24. Catholic Syrian Bank–Anand Krishnamurthy(Resigned)
25. City Union Bank–Dr. N. Kamakodi
26. Development Credit Bank–Murali M. Natrajan
27. Dhanalakshmi Bank–G. Sreeram
28. Federal Bank–Shyam Srinivasan
29. HDFC Bank–Aditya Puri
30. ICICI Bank–Smt Chanda Kochar
31. IndusInd Bank–Romesh Sobti
32. ING Vysya Bank–Shailendra Bhandari
33. Jammu & Kashmir Bank–Mushtaq Ahmad
34. Karnataka Bank–Polali Jayarama Bhat
35. Karur Vysya Bank–K. Venkataraman
36. Kotak Mahindra Bank–Uday Kotak
37. Lakshmi Vilas Bank–Parthasarathi Mukherjee
38. Nainital Bank–Mr. Mukesh Sharma
39. Ratnakar Bank–Vishwavir Ahuja
40. South Indian Bank–V.G. Mathew
41. Tamilnad Mercantile Bank–H.S. Upendra Kamath
42. Yes Bank’s Ltd–Rana Kapoor
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