Sticky Inflation: Sticky inflation has dashed the hopes of early rate cuts with experts now pencilling in repo rate cuts by the RBI from December this year. Economists expect a shallow rate cut cycle with RBI likely to lower the repo rate by 75 – 100 basis points. Sticky Inflation refers to a phenomenon where […]
Month: June 2024
Pump And Dump Scheme In The Stock Market
Pump And Dump Scheme In The Stock Market: The Securities Exchange Board of India’s (SEBI) recently slapped a fine of Rs 7.75 crore on 11 individuals for allegedly operating a ‘pump and dump’ scheme. Pump and Dump Scheme is a type of manipulation activity that involves artificially inflating the price of a stock through false […]
Foreign Exchange Management Act (FEMA), 1999
Foreign Exchange Management Act (FEMA), 1999: RBI is planning to rationalise the Guidelines for Export and Import of Goods and Services under the Foreign Exchange Management Act (FEMA), 1999. Foreign Exchange Management Act (FEMA), 1999 came into force on June 1, 2000, as a successor to the Foreign Exchange Regulation Act, or FERA, of 1973, […]
World Wealth Report 2024
World Wealth Report 2024: The number of high-net-worth individuals (HNWI) in India increased by 12.2% in 2023 compared to 2022 as per the Capgemini Research Institute’s World Wealth Report 2024. World Wealth Report 2024 is released by the Capgemini Research Institute. It covers 71 countries, accounting for more than 98% of global gross national income […]
Placental Mammals : Study
Placental Mammals: Study New research from Stockholm University shows that the typical mammalian heater organ, brown fat, evolved exclusively in modern placental mammals. A placental mammal is an animal that has a placenta. The placenta is a vascular organ formed during gestation of female mammals (except for monotremes and marsupials), built up of maternal and […]
Arun-III Hydro Power Project
Arun-III Hydro Power Project: The 900 MW Arun III Hydropower Project in eastern Nepal, constructed with Indian assistance, recently achieved a significant milestone with a tunnel breakthrough. Arun-III Hydro Power Project is a 900 MW run-of-the-river hydropower project being constructed on the Arun River in Sankhuwasabha District of Eastern NEPAL. Arun is a tributary of […]
Standard Missile 6 (SM-6)
Standard Missile 6 (SM-6): The US SM-6 missiles are hogging the headlines again after photographs of a US Navy F/A-18 Super Hornet appeared carrying an air-launched variant of the SM-6, or the RIM-174 missile. Standard Missile 6 (SM-6) is a multi-mission missile capable of anti air warfare, terminal ballistic missile defense, and anti ship strike […]
Onge Tribe
Onge Tribe: Andaman’s Onge tribe king Totoko and queen Priya welcomed a baby boy recently, bringing the tribe’s total population to 136. Onge Tribe are one of the most primitive tribes in India that belong to the Negrito racial ancestry. They are inhabiting Little Andaman Island, the most southerly island in the Andaman archipelago. They […]
Role Of Nuclear Technology In Global Food Safety
Role Of Nuclear Technology In Global Food Safety: An International Symposium on “Safe Food for a Better Life”, jointly organised by the Food and Agriculture Organisation (FAO) and the International Atomic Energy Agency (IAEA) emphasised the importance of nuclear technologies for measuring, managing and controlling food safety. Furthermore, the symposium highlighted the potential use of […]
QS World University Rankings 2025
QS World University Rankings 2025: The latest QS World University Rankings for 2025 were released revealing significant improvements for Indian universities and notable global standings. Key Highlights of the Rankings: QS Quacquarelli Symonds (QS) offers unrivaled data, expertise, and solutions for the global higher education sector. For the compilation of the 2025 QS World University […]
