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West Bengal’s “Nodi Bandhan” Scheme and Ghatal Masterplan

West Bengal’s “Nodi Bandhan” Scheme and Ghatal Masterplan: The West Bengal government, under Chief Minister Mamata Banerjee, has introduced the “Nodi Bandhan” scheme in the 2025-26 budget to enhance riverine development and prevent erosion along the Ganga-Padma. Alongside this, a significant allocation for the Ghatal Masterplan has been made to address flooding in West Midnapore. […]

Axis Bank Pledges ₹104 Crore to Ashoka University for Research Growth

Axis Bank Pledges ₹104 Crore to Ashoka University for Research Growth: Axis Bank has committed ₹104 crore to Ashoka University over the next four years. The funding aims to strengthen the university’s PhD and Post-Doctoral programs while enhancing its research capabilities in Neurosciences, Behavioral Studies, and Physics. This partnership, formalized through a Memorandum of Understanding […]

Tobin Tax

Tobin Tax: U.S. President Donald Trump’s administration is considering imposing a Tobin Tax on capital flows, a move that could disrupt global financial markets. The Tobin Tax is a tax on foreign exchange transactions aimed at discouraging short-term speculative trading. It is a small levy (0.1%-0.5%) on currency conversions to reduce volatility in financial markets. […]

MITRA Platform

MITRA Platform: The Securities and Exchange Board of India introduced a new digital platform called MITRA. Mutual Fund Investment Tracing and Retrieval Assistant (MITRA) will assist investors in tracking and reclaiming inactive or unclaimed mutual fund folios. The platform addresses a growing concern wherein investors, over time, lose track of their mutual fund investments lack […]