The 550th birth anniversary of the first Sikh guru and
founder of Sikhism Guru Nanak Dev is being celebrated as Prakash Parv on
Tuesday. Guru Nanak Dev was born on the full moon day of Kartik month or
Kartik Poornima in 1469. Devotees organise langar at various places on this
occasion. Dev Deepawali is also celebrated on the full moon night of the
month of Kartik.
President Ram Nath Kovind took part in the festivities at
Sultanpur Lodhi in Kapurthala district of Punjab. Guru Nanak Dev Ji spent
more than 15 years at Sultanpur Lodhi, where he attained enlightenment.
Information and Broadcasting Minister Prakash Javadekar
attended the function at Huzoor Sahib Sachkhand Gurudwara in Nanded.
In Bihar, the three-day-long celebrations for Gurupurab will
conclude today at Takhat Shri Harimandir Sahib Gurudwara in Patna.
Outside India, In Sri Lanka, the Consulate General of India
in Jaffna commemorated the day, with its building being decorated with
colourful lights last evening. This was followed by a screening of two
documentaries on the Golden Temple in Amritsar. The President, Vice
President and Prime Minister have greeted people on the occasion of Guru
Finance secretary Rajiv Kumar on Monday said the government
is in the process of approving Rs 20,000-crore of lifeline to the
fund-starved NBFCs under the partial credit guarantee scheme announced in
The budget had proposed a partial credit guarantee scheme
worth Rs 1 lakh crore under which public sector banks would buy high-rated
pooled assets of financially sound NBFCs, including housing finance
companies, amounting to Rs 1 lakh crore this year under which government
will provide a one-time six months partial credit guarantee to public sector
banks for first loss of up to 10 percent.
The partial guarantee would help rework the asset liability
structure within three months to have positive asset liability management in
each bucket for the first three months and on cumulative basis for the
As per the guidelines issued, the window for one-time
partial credit guarantee will be for six months, or till such date by which
Rs 1 lakh crore assets get purchased by banks.
Assets originated up to March 31, 2019 will only be eligible
under this scheme, it said, adding assets should be standard in the books of
NBFCs/HFCs on the date of sale.
In Australia, the states of New South Wales and Queensland
have declared a state of emergency, following the widespread bush fires
which took at least three lives.
Thousands have been displaced by three days of dangerous
weather conditions and bring a catastrophic threat to heavily populated
areas of the nation's east. More than 120 bush fires are burning across the
Officials say the worst danger will come for areas around
Sydney tomorrow, the nation's largest city. The catastrophic warning is in
place across the greater Sydney area and regions to the city's north and
In New South Wales, the blazes have scorched 9,70,000
hectares of land and destroyed 150 houses. Nine homes have been razed in
New South Wales fire authorities have issued the maximum
level of warning for the first time since new fire warnings were introduced
a decade ago, after Australia's deadly Black Saturday disaster.