Foreign Portfolio Investors: Foreign portfolio investors have pulled out Rs 42,000 crore this month amid rising inflation and monetary policy tightening in the US. FPI involves an investor buying foreign financial assets such as fixed deposits, stocks, and mutual funds. All the investments are passively held by the investors. Investors see relatively high valuations in […]
Day: June 25, 2022
Aircraft Carrier Fujian : China
Aircraft Carrier Fujian : China In June 2022, China launched its third aircraft carrier named ‘Fujian’, the country’s most advanced as well as the first “fully domestically built” naval vessel, as an aggressive Beijing sought to project its naval power in the strategic Indo-Pacific region. Fujian is the name of China’s eastern coastal province of […]
Padma Bridge Project
Padma Bridge Project: The Foreign Ministry of Bangladesh has denied any foreign funding in the construction of the Padma Bridge project. It asserted that the ‘Padma multipurpose bridge has been entirely funded by the government of Bangladesh.’ It said that some quarters are trying to portray that the bridge which is to be inaugurated by […]
Balika Panchayat
Balika Panchayat: Gujarat becomes first State in the country to launch Balika Panchayat. The country’s first-ever girl Panchayat, “Balika Panchayat”, which was started in several villages of Gujarat’s Kutch district, aims to promote the social and political development of the girls and ensure their active participation of girls in politics. This is a unique initiative […]
Glischropus meghalayanus
Glischropus meghalayanus: Scientists from the Zoological Survey of India have discovered a new species of bamboo-dwelling bat in Ri Bhoi district of Meghalaya. The species, found near the forested patch of Nongkhyllem Wildlife Sanctuary, has been named Glischropus meghalayanus. The present discovery is the first report of a thick-thumbed bat not only from India but […]
