Serious Fraud Investigation Office (SFIO) is a multi-disciplinary organization under Ministry of Corporate Affairs, consisting of experts in the field of accountancy, forensic auditing, law, information technology, investigation, company law, capital market and taxation for detecting and prosecuting or recommending for prosecution white-collar crimes/frauds. SFIO has head office in New Delhi and regional offices in … Continue reading Serious Fraud Investigation Office

Council for Advancement of People's Action and Rural Technology (CAPART) was formed in 1986, as a nodal agency for catalysing and coordinating the emerging partnership between voluntary organisations and the Government for sustainable development of rural areas. CAPART was formed by amalgamating two agencies the 'Council for Advancement of Rural Technology' (CART) and People's Action … Continue reading Council for Advancement of People’s Action and Rural Technology

The Indian Computer Emergency Response Team (CERT-In) is an office within the Ministry of Electronics and Information Technology. It is the nodal agency to deal with cyber security threats like hacking and phishing. It strengthens security-related defence of the Indian Internet domain. CERT-In has been designated under Section 70B of Information Technology (Amendment) Act 2008 to serve as the … Continue reading Indian Computer Emergency Response Team

The marginal cost of funds based lending rate (MCLR) refers to the minimum interest rate of a bank below which it cannot lend, except in some cases allowed by the RBI. It is an internal benchmark or reference rate for the bank. The MCLR methodology for fixing interest rates for advances was introduced by the … Continue reading Marginal cost of funds based lending rate (MCLR)

Basis point (BPS) refers to a common unit of measure for interest rates and other percentages in finance. One basis point is equal to 1/100th of 1%, or 0.01%, or 0.0001, and is used to denote the percentage change in a financial instrument. The relationship between percentage changes and basis points can be summarized as … Continue reading Basis point (BPS)

LIBOR or ICE LIBOR (previously BBA LIBOR) is a benchmark rate, which some of the world’s leading banks charge each other for short-term loans. It stands for Intercontinental Exchange London Interbank Offered Rate and serves as the first step to calculating interest rates on various loans throughout the world. LIBOR is administered by the ICE Benchmark Administration (IBA), and … Continue reading What is ‘LIBOR’

The International Union for Conservation of Nature (IUCN) is a membership Union uniquely composed of both government and civil society organisations. IUCN, headquartered in Switzerland, was established on 5 October 1948. As the first global environmental union, it brought together governments and civil society organisations with a shared goal to protect nature. Its aim was to encourage international … Continue reading International Union for Conservation of Nature

Global Centre for Nuclear Energy Partnership (GCNEP) is world's first nuclear energy partnership centre at Bahadurgarh, Haryana India. This center will facilitate deliberation and discussions of international experts on various issues including innovation in nuclear reactors and the nuclear fuel cycle, development of proliferation-resistant reactors, security technologies and the effects of radiation exposure. GCNEP is the sixth R&D unit … Continue reading Global Centre for Nuclear Energy Partnership

The National Biodiversity Authority (NBA) is a statutory autonomous body under the Ministry of Environment and Forests, Government of India established in 2003 to implement the provisions under the Biological Diversity Act, 2002, after India signed the Convention on Biological Diversity (CBD) in 1992. The NBA performs facilitative, regulatory and advisory functions for the Government of India on issues of conservation, sustainable … Continue reading National Biodiversity Authority

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal for establishment of National Financial Reporting Authority (NFRA) and creation of one post of Chairperson, three posts of full-time Members and one post of Secretary for NFRA. The decision aims at establishment of NFRA as an independent regulator for the … Continue reading National Financial Reporting Authority