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RBI Retail Direct Scheme

RBI’s Retail Direct Scheme: The Reserve Bank of India (RBI) announced the ‘RBI Retail Direct’ Scheme. In February 2021 RBI proposed to allow retail investors to open gilt accounts with the central bank to invest in Government securities (G-secs) directly. Under the scheme, retail investors (individuals) will have the facility to open and maintain the […]

India’s First Cryptogamic Garden : Dehradun

India’s First Cryptogamic Garden: India’s first cryptogamic garden was inaugurated in the Chakrata town of Dehradun, Uttarakhand. The garden will be housing nearly 50 species of lichens, ferns and fungi (collectively known as Cryptogamae). Factors Responsible for Location of this Garden: This garden is at Deoban in Chakrata at a height of 9,000 ft. This […]

Financial Action Task Force’s : Strategic Deficiencies

The Financial Action Task Force’s (FATF): The Financial Action Task Force’s (FATF) plenary session ended its five-day deliberation and put out the list of countries that it has identified to have “strategic deficiencies”. The Paris based UN watchdog that looks after issues like terrorism financing, money laundering and the flow of black money at the […]

Covid-19 Vaccine Soberana 2

Covid-19 Vaccine Soberana 2: Cuba has said its homegrown Covid-19 vaccine Soberana 2 (Sovereign 2), when delivered with a booster shot of Soberana Plus, is about 91 percent effective against symptomatic Covid-19 cases as demonstrated in its late stage clinical trials. If approved, Cuba will become the first Latin American country to manufacture and produce […]

First Private LNG Facility Plant At Nagpur.

First Private LNG Facility Plant At Nagpur.: Minister for Road Transport and Highways Nitin Gadkari inaugurated the country’s first Private LNG Facility plant at Nagpur. Liquefied natural gas, or LNG, is natural gas in its liquid form. When natural gas is cooled to minus 259 degrees Fahrenheit (-161 degrees Celsius), it becomes a clear, colorless, […]