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India’s Forex Reserves Surpass $700 Billion Milestone for the First Time

India’s Forex Reserves Surpass $700 Billion Milestone for the First Time: India’s foreign exchange reserves have exceeded $700 billion for the first time, reaching $704.89 billion in the week ending September 27, 2024. This marks a record increase of $12.58 billion, with foreign currency assets (FCAs) rising by $10.4 billion to $616 billion and gold […]

Federal Bank Teams Up with Bhashini to Add Vernacular Support to Chatbot Feddy

Federal Bank Teams Up with Bhashini to Add Vernacular Support to Chatbot Feddy: Federal Bank has signed an MoU with Bhashini, an AI-powered language translation platform, to integrate vernacular language support into its AI chatbot, Feddy. This collaboration, inspired by the Reserve Bank Innovation Hub’s (RBIH) initiative for local language banking, aims to make banking […]

Pseumenes siangensis

Pseumenes siangensis: Entomologists recently discovered a new species of potter wasp from Arunachal Pradesh, named Pseumenes siangensis. Pseumenes siangensis is a new species of wasp belonging to the genus Pseumenes. The genus Pseumenes belongs to the subfamily Eumeninae, commonly called potter wasps. It is primarily distributed across the Oriental region. These are solitary wasps identified […]

European Union Deforestation Regulation

European Union Deforestation Regulation: Giving relief to exporters of certain products, the European Commission has proposed to extend the implementation of its deforestation regulation by one year. European Union Deforestation Regulation (EUDR) was scheduled to commence on 30 December 2024. It has been introduced to limit the EU market’s impact on global deforestation/forest degradation and […]

Joint United Nations Programme on HIV/AIDS

Joint United Nations Programme on HIV/AIDS: Without India doing a large part of the heavy lifting, it is unlikely that the world will meet the Sustainable Development Goal of ending AIDS as a public health threat by 2030, UNAIDS director for the Asia Pacific said recently. Joint United Nations Programme on HIV/AIDS (UNAIDS) is an […]

United States Commission on International Religious Freedom

United States Commission on International Religious Freedom: India has strongly rejected a report by the US Commission on International Religious Freedom (USCIRF), which flagged “increasing abuses” against religious minorities in the country. United States Commission on International Religious Freedom (USCIRF) is an independent, bipartisan U.S. federal government agency. It was created by the 1998 International […]