Monetary Policy Updates : RBI The committee recently held its meeting on February 8, 2023. Highlights: RBI hikes benchmark lending rate by 25 basis points to 6.50 per cent. MSF rate will stand revised at 6.75% RBI projects 6.4 pc economic growth for 2023-24, lower than 7 pc this fiscal Inflation to come down to […]
Category: Current Affairs
Child Marriages In Assam : 2,000 People Arrested
Child Marriages In Assam : 2,000 People Arrested More than 2,000 people have been arrested in a statewide crackdown on child marriages that have taken place in the state of Assam. UN estimates suggest that 1.5 million girls get married before they turn 18 in India. According to the 2011 census, 44 per cent of […]
Left Wing Extremism : Decline In Violence
Left Wing Extremism : Decline In Violence The Union Home Minister in a meeting said that for the first time in 4 decades, the number of deaths of civilians and security forces in Left Wing Extremism (LWE) came down under 100 in 2022. Violence related to LWE had come down by 76% in 2022 as […]
New Haj Policy
New Haj Policy: The ministry of Minority Affairs has announced a new Haj policy under which the application forms have been made available for free and the package cost per pilgrim has been reduced by Rs 50,000. The reduction of Rs 50,000 comes primarily in the form of relaxation of norms for foreign currency ,earlier […]
Google To unveil Its New AI Chatbot Bard
Google To unveil Its New AI Chatbot Bard: Google will soon unveil its new AI chatbot Bard in response to Microsoft’s ChatGPT Bard is based on the Language Model for Dialogue Application (LaMDA), Google’s own conversational AI chatbot. It will give in-depth, conversational and essay-style answers just like ChatGPT does right now. However, the model […]
Accidental Deaths And Suicide In India (ADSI) Report 2021 : Student Suicides
Accidental Deaths And Suicide In India (ADSI) Report 2021 : Student Suicides The National Crime Records Bureau’s (NCRB’s) Accidental Deaths and Suicide in India (ADSI) report 2021 shows student suicides had gone up drastically during the Covid-19 pandemic in 2020 and 2021 and have been steadily rising in the last five years. Over 13,000 students […]
Dickinsonia : Fossil Discovered
Dickinsonia : Fossil Discovered An alleged fossil discovered near Bhopal about two years ago and thought to be of the extinct Dickinsonia turned out to be the impression of a decayed beehive. Dickinsonia is an extinct genus of basal animal that lived during the late Ediacaran period on ocean floors around present-day’s Australia, Russia and […]
Quasicrystals : Third Natural Source
Quasicrystals : Third Natural Source Scientists have discovered a third natural source of quasicrystals. Quasicrystal, also called quasi-periodic crystal, matter formed atomically in a manner somewhere between the amorphous solids of glasses and the precise pattern of crystals. In quasicrystals, the atoms are arranged in a pattern that repeats itself at irregular, yet predictable, intervals. […]
Core Inflation In India : Declining
Core Inflation In India : Declining S&P Global Ratings recently said core inflation in India has been declining sequentially, and an elevated 6.25 percent policy rate limits the need for further rate hikes. Core inflation is the change in the costs of goods and services but does not include those from the food and energy […]
Liberalised Remittance Scheme : Union Budget 2023
Liberalised Remittance Scheme: Union Budget 2023 The Union Budget 2023 proposes a Tax Collection at Source (TCS) for foreign outward remittance under LRS (other than for Education and medical purpose) of 20% on the entire value. Liberalised Remittance Scheme (LRS) allows Indian residents to freely remit up to USD $250,000 per financial year for current […]
