MF Lite Framework : SEBI The Securities and Exchange Board of India (SEBI) introduced the Mutual Funds Lite (MF Lite) framework on September 30 to promote passively managed mutual fund schemes. This initiative aims to attract new players to the mutual fund industry, offer diversified and less risky investment opportunities for retail investors, and enhance […]
Nobel Prize For Medicine, 2024
Nobel Prize For Medicine, 2024: The Nobel Prize for Medicine in 2024 has been awarded to Victor Ambros and Gary Ruvkun for their groundbreaking work in discovering microRNA and its role in gene regulation. Nobel Prize in Medicine 2024 Ambros and Gary Ruvkun. Discovery of microRNA and its role in post-transcriptional gene regulation. They studied […]
ISRO Third Launch Pad
ISRO Third Launch Pad: ISRO is expanding its space capabilities by establishing a third launch pad at Sriharikota, aiming to support new technologies like the New Generation Launch Vehicle (NGLV), while enhancing redundancy for critical missions and future space endeavors. First launch pad (FLP): Designed for PSLV missions; located at Sriharikota, Andhra Pradesh. Second launch […]
Doddalathur Megalithic Site : Excavation
Doddalathur Megalithic Site : Excavation A team of history and archaeology scholars and students from the University of Mysore have embarked on an excavation of megalithic burial sites in Chamarajanagar district (Karnataka). Doddalathur village, Hanur taluk, Chamarajanagar district, Karnataka. Situated in a small valley formed by the Male Mahadeshwara Hill ranges. Identified by C. Krishnamurti […]
John J. Hopfield And Geoffrey E. Hinton Awarded Nobel Prize 2024 in Physics
John J. Hopfield and Geoffrey E. Hinton Awarded Nobel Prize 2024 in Physics: The Royal Swedish Academy of Sciences has awarded the Nobel Prize in Physics 2024 to John J. Hopfield from Princeton University, USA, and Geoffrey E. Hinton from the University of Toronto, Canada.
IFC Partners with Axis Bank for India’s First Blue Loan of $500 Million
IFC Partners with Axis Bank for India’s First Blue Loan of $500 Million: The International Finance Corporation (IFC) has partnered with Axis Bank to provide a $500 million loan aimed at scaling up blue finance and green projects in India. This is IFC’s first blue investment in the country and the largest climate finance initiative […]
BoB to Sell Oman Operations to Bank Dhofar
BoB to Sell Oman Operations to Bank Dhofar: State-owned Bank of Baroda (BoB) has announced its decision to sell its Oman operations to Bank Dhofar as part of a broader strategy to rationalize its foreign business footprint. This acquisition will take place on a going concern basis, pending approval from regulatory authorities.
Nijut Moina Scheme Launched in Assam to Fight Child Marriage
Nijut Moina Scheme Launched in Assam to Fight Child Marriage: Chief Minister Himanta Biswa Sarma of Assam has initiated the disbursement of monthly financial assistance under the Nijut Moina scheme. This step marks a decisive phase in the government’s ongoing battle against this social issue, aiming to provide crucial support to families
HDFC Bank Divests 100% Stake in HDFC Edu for ₹192 Crore
HDFC Bank Divests 100% Stake in HDFC Edu for ₹192 Crore: HDFC Bank has officially announced the divestment of its entire 100% stake in HDFC Education and Development Services Pvt. Ltd (HDFC Edu) to Vama Sundari Investments for ₹192 crore.
National Postal Week
National Postal Week: The Department of Posts is making significant strides in expanding its service horizons by leveraging innovative technologies and services to connect with citizens across the country, especially in rural and remote areas.
