Hammer Candlesticks In Trading: Nifty recently ended 95 points higher to cross above the key hurdle at the 19,850 level and form a hammer candlestick pattern on the daily chart. Hammer Candlesticks in Trading is one of the most popular candlestick patterns traders use to gauge the probability of outcomes when looking at price movement. […]
Category: Economics Current Affairs
Real Estate Investment Trusts : Amendment
Real Estate Investment Trusts : Amendment The SEBI Board recently approved amendments to the SEBI (Real Estate Investment Trusts) Regulations 2014 (REIT Regulations) to create a new regulatory framework for small and medium REITs. Real Estate Investment Trusts (REITs) is a company that owns and typically operates income-producing real estate or related assets. They pool […]
Amplifi 2.0 Portal
Amplifi 2.0 Portal: The Union Ministry of Housing and Urban Affairs launched the Amplifi 2.0 portal. Amplifi (Assessment and Monitoring Platform for Liveable, Inclusive, and Future-Ready Urban India) portal aims to provide data on Indian cities. It is making raw data from Indian cities available on a single platform for academics, researchers, and stakeholders to […]
Launch Of Two India-led Initiatives
Launch Of Two India-led Initiatives: The Prime Minister of India announced the launch of two India-led initiatives: the Global Digital Public Infrastructure Repository and a Social Impact Fund. Global Digital Public Infrastructure Repository: It is created by the Ministry of Electronics and Information Technology (MeitY). It is a comprehensive resource hub, pooling essential lessons and […]
Rural Wages Data : RBI
Rural Wages Data : RBI Data from the Reserve Bank of India highlights stark differences in rural wages across different states in India, showcasing significant disparities in earnings for farm and non-agricultural workers. Highlights of the Rural Wages Data by RBI: During the fiscal year 2021-22, the rural economy faced challenges due to the Covid-19 […]
Rapid Innovation And Startup Expansion
Rapid Innovation And Startup Expansion: AIM, NITI Aayog launched a new accelerator called Rapid Innovation and Startup Expansion (RISE) to support Australian and Indian circular economy startups. Rapid Innovation and Startup Expansion (RISE): The India Australia RISE Accelerator is delivered in partnership between CSIRO, Australia’s national science agency, and Atal Innovation Mission (AIM), the Government […]
Risk Weight : RBI
Risk Weight : RBI The Reserve Bank of India (RBI) has increased the cost of funds for banks and non-bank financial companies (NBFCs) by increasing the risk weight of such loans. The Reserve Bank of India has raised the risk weight on consumer credit by banks and NBFCs to 125%, compared to 100% earlier. […]
Highest Number Of Patents : Indian Patent Office
Highest Number Of Patents : Indian Patent Office The Indian Patent Office (IPO) has granted the highest number of 41,010 patents till November 2023. In 2013-14 fiscal year, 4,227 patents were granted. According to a World Intellectual Property Organization (WIPO) report, patent applications by Indians grew 31.6% in 2022, extending an 11-year run of growth […]
Amazon WoW : Networking Platform For Women Engineering Students In India
Amazon WoW : Networking Platform For Women Engineering Students In India Amazon Women of the World (WoW) programme is a networking platform for women engineering students in India, connecting them with Amazon leaders and recruiters. Each session will have limited number of slots and will be filled through RSVP. Participants will have to register for […]
Central Adoption Resource Authority
Central Adoption Resource Authority: The Supreme Court questioned the “great delay” plaguing India’s adoption regulation body, the Central Adoption Resource Authority. The Supreme Court has recently questioned the significant delay in India’s adoption processes. Approximately 30,000 prospective parents wait for an average of three years, with only 10% of orphaned children adopted annually. Central Adoption […]
