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State Bank of India’s (SBI’s) Two New Deposit Schemes

State Bank of India’s (SBI’s) Two New Deposit Schemes: The State Bank of India recently launched two new deposit schemes namely, Har Ghar Lakhpati and SBI Patrons, designed to provide customers with greater financial flexibility and enhanced value. Har Ghar Lakhpati Scheme: It is a pre-calculated recurring deposit scheme designed to help customers to accumulate […]

Centralized Pension Payments System

Centralized Pension Payments System: The Employees’ Provident Fund Organisation recently it has fully rolled out the Centralized Pension Payments System (CPPS) under Employees’ Pension Scheme 1995, enhancing the ease of living for millions of pensioners in the country.It is implemented by the Employees’ Provident Fund Organisation (EPFO) which allows pensioners to access their pension from […]

Baanknet Portal

Baanknet Portal: The government recently launched a revamped e-auction portal, ‘Baanknet,’ in Delhi.It is an e-auction portal that consolidates information on all properties that are put up for e-auction by public sector banks (PSBs).The portal is a one-stop destination for buyers and investors offering a wide range of properties.The listings on the new platform include […]

Thorium-based Nuclear Energy Production

Thorium-based Nuclear Energy Production: India’s largest power generator, National Thermal Power Corporation (NTPC) Limited has signed a strategic pact with US-based Clean Core Thorium Energy (CCTE) to explore development and deployment of advanced nuclear energy for enriched life (ANEEL), thorium-based fuel.Developed by CCTE, Aneel is a thorium-based fuel for pressurised heavy water reactors (PHWRs).The Department […]

Extension of Crop Insurance Schemes

Extension of Crop Insurance Schemes: The Union Cabinet has approved critical measures to support Indian farmers, including the extension of a special subsidy for Diammonium Phosphate (DAP) fertilizers and the continuation of crop insurance schemes until 2025-26.The Union Cabinet approved the continuation of the Pradhan Mantri Fasal Bima Yojana and Restructured Weather Based Crop Insurance […]

Thanthai Periyar Memorial

Thanthai Periyar Memorial: Kerala and Tamil Nadu Chief Ministers inaugurated the renovated Thanthai Periyar memorial in Vaikom, a significant site commemorating the contributions of Tamil reformist E.V. Ramasami Naicker, popularly known as Thanthai Periyar. The memorial honors Thanthai Periyar, who played a pivotal role in the Vaikom Satyagraha, recognized as the first organized movement for […]