SBI Cards’ New Minimum Amount Due (MAD) Formula: State Bank of India Credit Cards (SBI Cards) will implement a revised formula to calculate the Minimum Amount Due (MAD). This is the amount that a cardholder is mandatorily required to pay by the due date to keep their account in good standing. The new approach is […]
Category: Current Affairs
Operation True Promise 3
Operation True Promise 3: Ongoing Iran-Israel conflict, Iran has launched Operation True Promise 3, marking the third consecutive day of missile strikes targeting key Israeli infrastructure. The campaign, led by the Islamic Revolutionary Guard Corps (IRGC), is a direct response to Israeli pre-emptive airstrikes on Iranian nuclear and command sites, and it introduces a new […]
India’s Unemployment Rises to 5.6% in May 2025
India’s Unemployment Rises to 5.6% in May 2025: India’s unemployment rate increased to 5.6% in May 2025, up from 5.1% in April, primarily due to a sharp decline in agricultural jobs following the harvest season, according to data released by the Ministry of Statistics. The jobless rate among urban and rural youth and female workers […]
UN Declares 4 December as International Day Against Unilateral Coercive Measures
UN Declares 4 December as International Day Against Unilateral Coercive Measures: The United Nations General Assembly has proclaimed 4 December as the International Day Against Unilateral Coercive Measures, starting in 2025. With 116 votes in favour, the resolution seeks to raise global awareness of the humanitarian and developmental consequences of unilateral economic, financial, and trade […]
UN Declares 2026 as International Year of the Woman Farmer
UN Declares 2026 as International Year of the Woman Farmer: The United Nations General Assembly has declared 2026 as the International Year of the Woman Farmer to acknowledge and amplify the crucial role played by women in global agriculture. The initiative aims to highlight gender disparities in land ownership, technology access, market participation, and agricultural […]
Anuradha Thakur Appointed to SEBI Board
Anuradha Thakur Appointed to SEBI Board: Anuradha Thakur, a 1994 batch IAS officer of the Himachal Pradesh cadre, has been appointed to the Board of the Securities and Exchange Board of India (SEBI), replacing outgoing Economic Affairs Secretary Ajay Seth. With this appointment, effective July 1, 2025, Thakur becomes the first woman to hold the […]
India’s First Mobile-Based e-Voting System : Bihar
India’s First Mobile-Based e-Voting System : Bihar The Bihar State Election Commission (SEC) has initiated the rollout of a mobile-based e-voting system, making Bihar the first Indian state to adopt such a modern and inclusive voting process. The new system will be launched during the municipal and urban body polls scheduled for 28th June, as […]
RBI Hikes Agency Commission for Banks on Government Transactions
RBI Hikes Agency Commission for Banks on Government Transactions: The Reserve Bank of India (RBI) has revised the agency commission rates paid to banks for handling government business transactions. Effective from April 1, 2025, the revised structure includes increased payouts for electronic revenue transactions, pension disbursements, and non-pension government payments, signaling RBI’s intent to bolster […]
India Hosts First Assembly of the International Big Cat Alliance in New Delhi
India Hosts First Assembly of the International Big Cat Alliance in New Delhi: India reaffirmed its global leadership in wildlife conservation by hosting the first Assembly of the International Big Cat Alliance (IBCA) in New Delhi. The event, chaired by Union Environment Minister Bhupender Yadav, gathered ministerial delegations from nine big cat range countries, laying […]
Axiom Mission 4 Rescheduled
Axiom Mission 4 Rescheduled: The Axiom Mission 4 (Ax-4), featuring Indian astronaut Shubhanshu Shukla, has been rescheduled to June 22, 2025, as announced by Axiom Space. This adjustment follows NASA’s evaluation of ongoing maintenance in the Russian segment of the International Space Station (ISS). The mission, which includes astronauts from India, Poland, Hungary, and the […]