Bank Credit to NBFCs Falls to 4-Year Low at 6.7% in 2024: RBI Bank lending to Non-Banking Financial Companies (NBFCs) has slowed significantly, hitting a four-year low of 6.7% in 2024, according to the latest data from the Reserve Bank of India (RBI). This decline is mainly due to higher risk weights imposed on such […]
Category: Current Affairs
HAL & DIAT Collaborate for Aerospace Innovation
HAL & DIAT Collaborate for Aerospace Innovation: Hindustan Aeronautics Limited (HAL) has taken a significant step in bridging the gap between industry and academia by signing a Memorandum of Understanding (MoU) with the Defence Institute of Advanced Technology (DIAT), Pune. The collaboration aims to foster cutting-edge research, skill development, and technological advancements in the aerospace […]
Gulf of Tonkin
Gulf of Tonkin: Vietnam’s foreign ministry published a map defining its baseline claim in the Gulf of Tonkin. Gulf of Tonkin is referred as “Beibu Gulf”in Chinese and “Bac Bo Gulf” in Vietnamese. It is a crescent-shaped, shallow, semi-enclosed water body situated off South China and Northern Vietnam coasts in the South China Sea’s northwestern […]
Purchasing Managers’ Index
Purchasing Managers’ Index: India’s Purchasing Managers’ Index (PMI) rose for first time after three quarters. It is an indicator of business activity – both in the manufacturing and services sectors. It is a survey-based measure that asks the respondents about changes in their perception of some key business variables from the month before. It is […]
Palamu Tiger Reserve
Palamu Tiger Reserve: For the first time in Jharkhand, the tiger which had vacated its haunt in the Palamu Tiger Reserve (PTR) and wandered off into the Dalma Wildlife Sanctuary in Jharkhand and West Bengal’s Purulia a few months back will be brought back to its native territory It is located in the Chhota Nagpur […]
Extinction Filtering
Extinction Filtering: Recent study finds that human activities outside protected areas are driving biodiversity loss and extinction filtering is affecting sensitive species. It is the process where species sensitive to human disturbance disappear, leaving only those that can survive in degraded landscapes. It predicts that species that have evolved and survived in high-disturbance environments should […]
Perovskite Nanocrystal
Perovskite Nanocrystal: Researchers at the Centre for Nano and Soft Matter Sciences (CeNS) in Bengaluru have developed an innovative method to minimize anion migration in CsPbX₃ perovskite nanocrystals. It is a material that has the same crystal structure as the mineral calcium titanium oxide (CaTiO3). Generally, perovskite compounds have a chemical formula ABX3, where ‘A’ […]
Asperger’s Syndrome
Asperger’s Syndrome: On the occasion of International Asperger’s Day, the National Institute for Empowerment of Persons with Disabilities (NIEPID) organized various programmes to raise awareness and promote inclusivity for individuals with Asperger’s Syndrome. Asperger’s Syndrome is a neurodevelopmental disorder within the family of autism spectrum disorder. It is characterized by impaired social communication and interaction, […]
Jhumoir Binandini Dance
Jhumoir Binandini Dance: Prime Minister of India will attend the Jhumoir Binandini (Mega Jhumoir) 2025, a spectacular cultural extravaganza with 8,000 performers participating in the Jhumoir dance. Jhumoir Binandini Dance is also known as Jhumur, is a traditional folk dance performed by the Adivasi tea tribes of Assam during the harvest season. It is accompanied […]
RBI Penalties
RBI Penalties: The RBI has imposed penalties on Citibank (₹39 lakh), Asirvad Micro Finance (₹6.20 lakh), and JM Financial Home Loans (₹1.50 lakh) for regulatory violations. Citibank failed to report large exposure breaches on time and delayed credit data corrections.According to the central bank, these financial institutions were found violating guidelines related to large exposures, […]
