Monetary Policy Committee Meeting: The Reserve Bank of India (RBI) in its bimonthly Monetary Policy Committee (MPC) Meeting has retained benchmark interest rates unchanged for the 5th time in a row. The key repo rate has been paused for five consecutive reviews at 6.5%. Repo rate is the rate at which the central bank of […]
Category: Economics Current Affairs
Goldilocks Effect On The Economy
Goldilocks Effect On The Economy: The RBI’s growth and inflation forecasts indicate a Goldilocks Effect on the economy by the second quarter of the next fiscal year. Goldilocks Effect or the Goldilocks Principle, is the premise that people are inclined to seek ‘just the right’ amount of something. People prefer something that is neither too […]
Protests Over National Medical Commission Logo
Protests Over National Medical Commission Logo: The National Medical Commission (NMC) has recently changed its logo, which has sparked a controversy among the medical fraternity. The new logo features a colourful image of Dhanvantri, an avatar of Lord Vishnu who is considered the god of Ayurveda in Hindu mythology. The new logo also replaces the […]
Jago Grahak Jago Campaign
Jago Grahak Jago Campaign: The Department of Consumer Affairs is actively engaged in nationwide multimedia awareness campaigns titled “Jago Grahak Jago”. These campaigns aim to inform consumers about fraudulent practices and common issues while providing guidance on seeking redressal The awareness initiatives utilize various media platforms, including print media, TV, radio, cinema theatres, websites, hoardings, […]
International Social Security Association’s ISSA Vision Zero 2023 Award
International Social Security Association’s ISSA Vision Zero 2023 Award: The Employees’ State Insurance Corporation (ESIC) bagged the “International Social Security Association’s ISSA Vision Zero 2023” Award in the recently held 23rd World Congress on Safety and Health at Work in Sydney, Australia. International Social Security Association is the principal international institution bringing together social security […]
National Crime Records Bureau : Data
National Crime Records Bureau : Data Delhi logged the highest rate of FIRs linked to crimes against women in the country in 2022, the National Crime Records Bureau (NCRB) data revealed. National Crime Records Bureau (NCRB) was established in 1986 to act as a repository of information on crime and criminals. It comes under the […]
Codex Alimentarius Commission : Global Standards For Millets
Codex Alimentarius Commission : Global Standards For Millets The Codex Alimentarius Commission (CAC) praised India’s Standards on Millets and accepted its proposal for the development of global standards for millets during its 46th session held in Rome, Italy. India has framed a comprehensive group standard for 15 types of millets specifying 8 quality parameters, which […]
Hammer Candlesticks In Trading
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. […]
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 […]
