Minimum Marriage Age Raised to 21 : Himachal Pradesh Himachal Pradesh has passed a Bill to raise the minimum marriage age for women from 18 to 21 years, amending the Prohibition of Child Marriage (PCM) Act. Currently, the law prescribes that the minimum age of marriage is 21 and 18 years for men and women, […]
Perpetual bond
Perpetual bond: Canara Bank issued India’s first Additional Tier I perpetual bonds since recent rule changes, attracting strong investor interest with a lower-than-expected coupon of 8.27%.This marks a revival in demand for these bonds, which had declined due to regulatory challenges. The Securities and Exchange Board of India’s (SEBI) recent valuation tweak, allowing mutual funds […]
Unified Lending Interface : RBI
Unified Lending Interface: RBI Governor announced that the Unified Lending Interface (ULI), designed for seamless and quick credit access, particularly for MSMEs and farmers, is currently in the pilot stage.The platform integrates diverse data sources to reduce loan appraisal times and simplify processes. It is expected to be launched nationwide soon, with the potential to […]
Solar paraboloid technology
Solar paraboloid technology: Solar paraboloid technology, a form of concentrating solar power (CSP), is emerging as a promising renewable energy solution.It uses parabolic mirrors to focus sunlight onto a receiver, generating high temperatures (up to 300°C) for electricity or industrial heat. This technology offers higher efficiency than traditional photovoltaic systems, potentially lowering electricity costs.
Paralympic Games Begin on August 28, 2024
Paralympic Games Begin on August 28, 2024: French President Emmanuel Macron declared the Paris 2024 Paralympic Games open on Wednesday evening at Place de la Concorde. This is the first time that France has hosted the Paralympic Summer Games, and is also the first time that a Paralympics opening ceremony has taken place outside a […]
Reliance Industries’ 47th Annual General Meeting
Reliance Industries’ 47th Annual General Meeting: During Reliance Industries’ 47th Annual General Meeting (AGM), Chairman Mukesh Ambani announced a groundbreaking development in the field of artificial intelligence. The company’s telecom arm, Reliance Jio, is set to launch a comprehensive suite of AI tools and applications called ‘Jio Brain’. J
Pakistani Christian Becomes First Goan to Obtain Indian Citizenship Under CAA
Pakistani Christian Becomes First Goan to Obtain Indian Citizenship Under CAA: Goa Chief Minister Pramod Sawant awarded Indian citizenship to Joseph Francis Pereira, a 78-year-old Pakistani Christian, under the Citizenship (Amendment) Act (CAA).
Second Indian National Title : Chess
Second Indian National Title : Chess Karthik Venkataraman won the 61st edition of the Indian National Championship after scoring 9/11 points at the event organised by the Haryana Chess Association. This is the second victory in a national championship for Karthik
MD & CEO Of Shriram Capital
MD & CEO Of Shriram Capital: Shriram Capital, the holding company of the Shriram Group, has appointed Subhasri as its new Managing Director and CEO, effective 1 September. Subhasri, who previously served as Joint Managing Director, has been a key figure in the company since joining as an Officer in the NBFC business in 1991.
India’s 2nd Nuclear Missile Submarine Commissioned by Rajnath Singh
India’s 2nd Nuclear Missile Submarine Commissioned by Rajnath Singh: Defence Minister Rajnath Singh is set to commission India’s second nuclear-powered ballistic missile submarine (SSBN), INS Arighat (S-3), at a quiet event in Visakhapatnam, marking a significant boost to India’s nuclear deterrence and second-strike capability.