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What Happened on 01 April 2016 - Major News and Events of 01 April 2016
 
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Major News and Events of 01 April 2016

What Happened on 01 April 2016


01 April 2016 Current Events Home Loan EMIs to be slashed from today

With India’s largest lender State Bank of India cutting down its home loan rate from 9.5% to 9.4% from today; the EMIs for the home loans have also fallen by over Rs. 300 for those who are availing a Rs. 50 lakh, 15-year loan. Just like SBI, even ICICI Bank has announced a one-year MCLR of 9.2% but it is yet to inform about the mark-up at which it will be providing the home loans.


Partial liquor ban in Bihar from today

A partial liquor ban has been imposed in Bihar from today after a notification issued by the state government. The state cabinet approved the Excise and Prohibition department’s proposal for issuing a notification for implementation of liquor ban in rural areas in addition to banning country-made and spiced liquor. Any person indulging in manufacturing, trade, transportation, sale and/or consumption of country-made and spiced liquor in Bihar would be punished for violating the provisions of the Bihar Excise (Amendment) Act, 2016.


Home Loan EMIs to be slashed from today

With India’s largest lender State Bank of India cutting down its home loan rate from 9.5% to 9.4% from today; the EMIs for the home loans have also fallen by over Rs. 300 for those who are availing a Rs. 50 lakh, 15-year loan. Just like SBI, even ICICI Bank has announced a one-year MCLR of 9.2% but it is yet to inform about the mark-up at which it will be providing the home loans.

Partial liquor ban in Bihar from today

A partial liquor ban has been imposed in Bihar from today after a notification issued by the state government. The state cabinet approved the Excise and Prohibition department’s proposal for issuing a notification for implementation of liquor ban in rural areas in addition to banning country-made and spiced liquor. Any person indulging in manufacturing, trade, transportation, sale and/or consumption of country-made and spiced liquor in Bihar would be punished for violating the provisions of the Bihar Excise (Amendment) Act, 2016.




FAQs and Answers on Indian History and Geography
Which States Share Boundary with China?India, in total, shares land borders with 6 sovereign countries. China is one of those. Below are the Indian states which share borders with the country. 1. Jammu and Kashmir This northern state of India is mostly located in the Himalayan mountains. It shares a… Read More...
Which States Share Boundaries with Pakistan? There are four states that share a border with Pakistan, namely, Jammu and Kashmir, Punjab, Rajasthan, and Gujarat. The India Pakistan Border is quite intriguing. Since India has installed 1,50,000 flood lights on… Read More...
Which Places in India Still Largely Speak Sanskrit?Sanskrit is considered as Dev Bhasha, the language of Gods. It has a history of around 3500 years. It used to be a primary language of ancient India. Its earliest form Vedic Sanskrit, was prevalent from 1500 500 BCE. However, it is fading… Read More...



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