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RBI-Made-5-Important-Announcements-Today

RBI Made 5 Important Announcements Today

In a surprise move, the RBI Governor Shaktikanta Das reduced the repo rate from 4.4% to 4%. Also, the moratorium on banks was extended by another three months due to the extended lockdown. It was his address to media after the government announced 20.97 lakh crore stimulus to the economy.

Highlights of RBI’s announcements

• Monetary Policy Committee of RBI decided the repo rate to 4% from the existing 4.4%. It is the lowest repo rate since 2000. The central bank also sliced the reversed repo rate to 3.35% from the existing 3.75%.

RBI extended the loan moratorium for another three months period starting from June 1 to August 1. This move is expected to bring relief to the working class whose income is badly hit by the pandemic.

• Governor Shaktikanta Das projected the gross domestic product (GDP) to shrink in the current financial year. The disruption of economic activities is the reason behind low GDP. But the governor expressed confidence that the economy would be revived by the second half of the financial year ending March 31, 2021.

• The Export-Import Bank … Read the rest

Ghoomketu-Review

Ghoomketu Is Certain To Crash Land Despite Being A Multi Starrer Film

Ghoomketu is a comedy drama but in reality, it is a serious story of rural India’s obsession with Bollywood. The movie has many strong points but the director fails to leave any mark on the viewers. Nawazuddin Siddiqui did a great job. Also, Amitabh Bachchan a short role in the movie.

Story

Nawazuddin Siddiqui is 30-year old aspiring actor who always dreams big. He wants to go to Mumbai and write scripts for Bollywood movies and he is confident that he will fulfill his dream with hard work and blessings of lady luck. But he loses the sympathy of audiences when he rejects his wife in a mass-wedding and body shames her in public.

He runs to Mumbai with the help of his aunt but spends his time writing slogans for auto rickshaws and political rallies. Finally, he lands a job in a small newspaper. But he doesn’t get a break. Producers keep him shifting from one style to another but never approve his stories.

In his hometown Lucknow, his family starts a manhunt for Nawazuddin Siddiqui. His uncle lands in Mumbai to trace his nephew. The police inspector is … Read the rest

You Didn’t Know About Household Items

There are numerous things in your home that you likely granted. I bet you would be surprised when i would show you that many household items can help you in ways you had no idea were possible. Believe and Keep reading. Check out what i mean by that!

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Rajiv-Gandhi-On-His-29th-Death-Anniversary

Remembering Rajiv Gandhi On His 29th Death Anniversary

March 21 is the death anniversary of former prime minister and Congress leader Rajiv Gandhi. He was assassinated on March 21, 1991 by LTTE during an election campaign. Today is his twenty-ninth death anniversary.

PM Modi paid tributes to the former prime minister. Also, the nation remembers the sacrifice Rajiv Gandhi did for the country. A Bharat Ratna recipient, Rajiv Gandhi was born on August 20, 1944 to Indira Gandhi and Feroze Gandhi in Bombay but he remained apolitical for most part of his life.

People remember Rajiv Gandhi by revisiting the life of the former prime minister

Rajiv Gandhi was the sixth prime minister of the country. He assumed office after the death of his mother and former prime minister Indira Gandhi. He remained in office from 1984 to 1989. Also, he was the youngest to become prime minister in India. He also served as a Congress general secretary before becoming prime minister.

He studied in United Kingdom and was a trained pilot. Before joining politics, he was working as a pilot with national carrier Indian Airlines. His first stint in politics was after … Read the rest

Zack-Snyder’s-Justice-League

HBO Max Announced Release Of Zack Snyder’s Justice League Re-Cut

HBO is going to release its streaming service from next week and it will host a re-versioned edition of the superhero film Justice League according to an announcement made by the company.

Justice League

Based on the DC comic book, the film was released in 2017. But its director Zack Snyder didn’t contribute to the post-production and editing work because of a family tragedy. His daughter did suicide.

Joss Whedon, the director of The Avengers completed the movie in the absence of Snyder but fans commented that the movie was too-light hearted. Whedon did many things but fans complained that the job wasn’t up to the Snyder’s original intent.

Soon the fans started a campaign #ReleasetheSnyderCut on social media and persuaded the producers to make a new version of the movie. It is set to be release in 2021 but it isn’t known whether it will be a six-part series or a long directors-cut film.

Streaming competition

Like others, HBO Max is also starting video streaming service and looking for Hollywood A-listers to attract subscribers. But it was likely to get Justice League because HBO … Read the rest

Get-Rs.-2-Lakh-Accidental-Cover-At-Rs.-12-Under-PMSBY

Get Rs. 2 Lakh Accidental Cover At Rs. 12 Under PMSBY

Pradhan Mantri Suraksha Bima Yojna (PMSBY) is offering accidental insurance at Rs. 12 to the poor and low-income group people. The security cover is for one year but it can be renewed every year. Run by government of India, the scheme covers accidental death and disability.

Low cost PMSBY

People aged between 18-70 years of age with savings accounts can take advantage of this insurance scheme. The scheme covers accidental death including murder and disability. But temporary and partial disabilities aren’t covered under the insurance.

Highlights of PMSBY

• Rs. 2 lakh insurance for death due to accident and permanent total disability. Rs. 1 lakh for permanent partial disability.

• Permanent disability could be loss of a limb or vision in both eyes or even in one eye.

• The insured persons are allowed to quit the scheme at any time they want.

• Like other insurance policies, PMSBY also allows the nominee or the next of the kin of the deceased to collect the insurance amount.

• The insurance cover is provided at a much lower cost in comparison to other insurance policies.

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