Financial Action Task Force : In News India will host the FATF Private Sector Collaborative Forum 2025 in Mumbai, addressing global priorities such as payment transparency, financial inclusion, and digital financial system transformation. FATF is an intergovernmental policy-making and standard-setting body dedicated to combating money laundering and terrorist financing. Objective is to establish international standards […]
About: Kumari Sonali
Posts by Kumari Sonali:
Lapis Lazuli : The Earth’s Best Blue
Lapis Lazuli : The Earth’s Best Blue Lapis lazuli is a vivid blue metamorphic rock, known for its striking colour and semi-precious gemstone value. It has been highly valued for thousands of years for use in jewellery, ornaments, and pigments. Composition of Lapis Lazuli The blue colour comes from lazurite (25-40%), a rare mineral. The […]
World Tuberculosis Day 2025 : Theme
World Tuberculosis Day 2025: Theme March 24 is observed as World Tuberculosis (TB) Day to raise awareness about TB and efforts to eliminate it. The 2025 theme is “Yes, We Can End TB: Commit, Invest, and Deliver.” The President of India commended the National TB Elimination Programme (NTEP) for its public awareness initiatives and significant […]
Farakka Barrage
Farakka Barrage: Farakka Barrage was commissioned in 1975, and the 50th anniversary of its operation is being observed in 2025. Situated on the Ganga River in Murshidabad district, West Bengal, approximately 18 km from the Bangladesh border. Began operations on April 21, 1975, after 12 years of construction and an expenditure of ₹130 crores. Diverts […]
IndusInd Bank reported derivative losses of ₹2,100 crore on March 10, 2025, leading to a 23% decline in its share price.
IndusInd Bank reported derivative losses of ₹2,100 crore on March 10, 2025, leading to a 23% decline in its share price: Financial contracts whose value depends on an underlying asset, index, or rate . It is Used for hedging risks, speculation, and portfolio diversification. Common underlying assets: Stocks, bonds, commodities, currencies, interest rates, and market […]
India recently has imposed anti-dumping duty on five Chinese goods
India recently has imposed anti-dumping duty on five Chinese goods: India recently has imposed anti-dumping duty on five Chinese goods, including vacuum flasks and aluminium foil.Anti-Dumping Duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value. Dumping is a process wherein a company […]
Inner Line Permit
Inner Line Permit: Indian Railways likely to shelve projects in Meghalaya due to local opposition.The Inner Line Permit (ILP) system, originally an offshoot of the Bengal Eastern Frontier Regulation (BEFR), 1873, remains a crucial tool for protecting indigenous tribal communities in India’s Northeastern states.ILP is an official travel document issued by the state government to […]
Sixth round of India’s Remittances Survey 2023-24
Sixth round of India’s Remittances Survey 2023-24: Sixth round of India’s Remittances Survey 2023-24 by RBI shows that the US, UK, Singapore, Canada and Australia together accounted for more than half of remittances into India.India has consistently received the highest remittance over the years, with the money doubling from $55.6 billion in 2010-11 to $118.7 […]
Report on Forest Diversion
Report on Forest Diversion: The Union Environment Ministry informed Lok Sabha that between 2014-15 and 2023-24, a total of 1,73,396.87 hectares of forest land has been diverted for non-forestry purposes, including infrastructure projects, under the Van (Sanrakshan Evam Samvardhan) Adhiniyam, 1980. Total Diversion (2014-15 to 2023-24): 1,73,396.87 hectares of forest land diverted for non-forestry activities, […]
Commission on Genetic Resources for Food and Agriculture
Commission on Genetic Resources for Food and Agriculture: The 20th meeting of the Commission on Genetic Resources for Food and Agriculture (CGRFA-20) has commenced in Rome, where global leaders will discuss strategies for conserving plant and forest genetic resources and release two major global reports.A permanent intergovernmental body that focuses on conserving and sustainably using […]