RBI Constitutes New Advisory Committee for Bank Licensing: The Reserve Bank of India (RBI) established a new Standing External Advisory Committee (SEAC) to evaluate applications for Universal Banks and Small Finance Banks (SFBs). This committee is chaired by former RBI Deputy Governor M. K. Jain and comprises five members. The SEAC includes: M. K. Jain: […]
About: Kumari Sonali
Posts by Kumari Sonali:
Draft Regulations for the Selection and Appointment of Vice Chancellors
Draft Regulations for the Selection and Appointment of Vice Chancellors: The University Grants Commission (UGC) recently released draft regulations for the selection and appointment of Vice Chancellors (VCs) in universities, sparking controversy. UGC Draft Regulation on Vice Chancellors: The Chancellor/Visitor will form a three-member Search-cum-Selection Committee. The committee will include nominees from the Chancellor/Visitor, UGC […]
World Economic Forum (WEF) Annual Meeting 2025
World Economic Forum (WEF) Annual Meeting 2025: The World Economic Forum (WEF) Annual Meeting 2025, hosted in Davos, Switzerland, brings together global leaders from business, politics, and civil society to discuss critical global issues. The WEF was founded in 1971 as the European Management Forum, later renamed the World Economic Forum in 1987. The WEF […]
Coffee : India Is Now The Seventh-Largest Producer
Coffee : India Is Now The Seventh-Largest Producer India is now the seventh-largest coffee producer globally with exports reaching $1.29 billion in FY 2023-24, almost double the $719.42 million in 2020-21. Climatic Conditions for Coffee Cultivation: Temperature: Ideal range is 15°C to 28°C. Rainfall: Requires 150-250 cm of annual rainfall. Soil: Grows best in well-drained, […]
Contract Farming
Contract Farming: India has emerged as a major exporter of French Fries, which owes much contract farming through which companies procuring potato directly from growers and deepening farmer engagement. Contract Farming is an agreement between farmers (producers) and buyers in which both agree in advance on the terms and conditions for the production and marketing […]
38th National Games and Kalaripayattu
38th National Games and Kalaripayattu: The Indian Kalaripayattu Federation has accused the Indian Olympics Association (IOA) of downgrading the Kalaripayattu to the demonstration section of the event, not the competitive section.Demonstration events showcase sports for promotion and are excluded from the official medal tally. Kalaripayattuis one of the oldest and most scientific martial arts globally, […]
Eruption of Mount Ibu
Eruption of Mount Ibu: Indonesia’s Mount Ibu erupted 1,079 times in January 2025, with significant ash columns rising between 0.3 km to 4 km.Mount Ibu is a stratovolcano located on the island of Halmahera in Indonesia’s North Maluku province.A stratovolcano, or composite volcano, has a steep, conical profile formed by layers of lava, ash, and […]
Mission SCOT
Mission SCOT: The Prime Minister of India lauded Indian space startup Digantara for the success of Mission SCOT (Space Camera for Object Tracking).Mission SCOT is the world’s first commercial Space Situational Awareness (SSA) satellite, launched aboard SpaceX’s Transporter-12 mission.SSA is the tracking and characterization of space objects and their orbits. Mission SCOT tracks Resident Space […]
ISKCON and Adani Group Serve Meals at Maha Kumbh Mela
ISKCON and Adani Group Serve Meals at Maha Kumbh Mela: The ongoing Maha Kumbh Mela has witnessed a remarkable collaboration between the International Society for Krishna Consciousness (ISKCON) and the Adani Group, which has significantly enhanced the food distribution services at the event. This partnership ensures that nearly one lakh people are provided with nutritious […]
Pradhan Mantri Mudra Yojana (PMMY) recorded an all-time high disbursal
Pradhan Mantri Mudra Yojana (PMMY) recorded an all-time high disbursal: In the third quarter of the fiscal year 2024-25, the Pradhan Mantri Mudra Yojana (PMMY) achieved a historic milestone by disbursing ₹3.39 lakh crore in loans, marking the highest quarterly disbursement since the scheme’s inception in 2015. This significant uptick underscores the government’s ongoing commitment […]
