RBI Allows Overseas Banks to Open INR Accounts: The Reserve Bank of India (RBI) has authorized overseas branches of authorized banks to open Indian Rupee (INR) accounts for non-residents. This initiative aims to bolster the global use of the Indian Rupee in cross-border transactions and investments.
About: Kumari Sonali
Posts by Kumari Sonali:
Vineet Joshi Takes Charge as Secretary of Higher Education
Vineet Joshi Takes Charge as Secretary of Higher Education: Shri Vineet Joshi has assumed the role of Secretary of the Department of Higher Education in the Ministry of Education, effective today at Shastri Bhawan, New Delhi. Prior to this appointment, Shri Joshi had a distinguished career in various key positions within the Indian educational sector.
Threats to Wild Bees
Threats to Wild Bees: A study published in journal Science, has revealed that over 70% of wild bee species, crucial for pollination, are at risk from pesticide residues in soil.Current pesticide risk assessments mainly focus on honey bees, ignoring the impact on wild bees that nest in the soil.Pesticides like cyantraniliprole harm wild bees by […]
The Reserve Bank of India sold a record $20.2 billion in the forex market
The Reserve Bank of India sold a record $20.2 billion in the forex market: The Reserve Bank of India (RBI) sold a record $20.2 billion in the foreign exchange market to stabilize the rupee amid significant foreign portfolio investor (FPI) outflows. This intervention increased the RBI’s net short position in the forward market to $58.9 […]
New Glenn rocket
New Glenn rocket: Blue Origin, the aerospace company founded by Amazon’s Jeff Bezos, successfully launched its New Glenn rocket on its maiden test flight. Named after John Glenn, the first American to orbit Earth, the rocket carried a prototype satellite into orbit. The launch marked a significant milestone for the company as it ventures further […]
The Union Cabinet has approved a ₹11,440 crore revival package for debt-ridden RINL
The Union Cabinet has approved a ₹11,440 crore revival package for debt-ridden RINL: The Union Cabinet has sanctioned a substantial ₹11,440 crore package to revitalize Rashtriya Ispat Nigam Limited (RINL), commonly known as Vizag Steel, addressing its critical financial challenges.This strategic intervention aims to infuse ₹10,300 crore as equity capital into RINL and convert ₹1,140 […]
China successfully launched Pakistan’s first indigenous Electro-Optical Satellite (PRSC-EO1) on January 17, 2025
China successfully launched Pakistan’s first indigenous Electro-Optical Satellite (PRSC-EO1) on January 17, 2025: China successfully launched Pakistan’s first indigenous Electro-Optical (EO-1) satellite, PRSC-EO1, from the Jiuquan Satellite Launch Center. The satellite, designed to collect Earth observation data using electro-optical sensors, was deployed into its planned orbit by a Long March-2D carrier rocket at 12:07 pm […]
ISRO has successfully germinated black-eyed pea (lobia) seeds in space using its Compact Research Module for Orbital Plant Studies
ISRO has successfully germinated black-eyed pea (lobia) seeds in space using its Compact Research Module for Orbital Plant Studies: The Indian Space Research Organisation (ISRO) achieved a significant milestone in space agriculture by successfully germinating black-eyed pea (lobia) seeds aboard its Compact Research Module for Orbital Plant Studies (CROPS). This breakthrough underscores the potential for […]
Justice Arun Mishra: New Ombudsman of BCCI
Justice Arun Mishra: New Ombudsman of BCCI Justice Arun Mishra, a former Supreme Court judge, has been appointed as the Ombudsman and Ethics Officer of the Board of Control for Cricket in India (BCCI). The announcement was made and marking another significant milestone in his illustrious career. Justice Mishra’s extensive legal expertise and leadership experience […]
Daily Current Affairs for UPSC IAS: 17th January 2025
Today’s Current Affairs: 17th January 2025 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
