RBI Reverses Higher Risk Weights on Bank Loans to NBFCs and Microloans: The Reserve Bank of India (RBI) has decided to reverse its 2023 decision to increase risk weights on bank loans to non-banking financial companies (NBFCs) due to the slowdown in bank credit growth. This move, effective from April 1, 2025, is expected to […]
Category: Current Affairs
India Successfully Test Fires Naval Anti-Ship Missile
India Successfully Test Fires Naval Anti-Ship Missile: India has successfully conducted the test-firing of a first-of-its-kind Naval Anti-Ship Missile (NASM-SR) from Chandipur, off the coast of Odisha. The missile was launched from an Indian Naval Seaking helicopter and successfully demonstrated its precision strike capability. This achievement marks a significant milestone in India’s defense and naval […]
SBI Cuts India’s FY25 GDP Growth Forecast to 6.3%
SBI Cuts India’s FY25 GDP Growth Forecast to 6.3%: India’s economic growth is expected to slow down in the fiscal year 2024-25, with the State Bank of India (SBI) revising its GDP growth estimate to 6.3%. This is lower than the Reserve Bank of India’s (RBI) projection of 6.6% and a significant drop from last […]
MP Secures ₹30.77 Lakh Cr in Investment Pledges
MP Secures ₹30.77 Lakh Cr in Investment Pledges: Madhya Pradesh has received investment commitments worth ₹30.77 lakh crore at the 8th edition of the Invest Madhya Pradesh Summit, held in Bhopal. This two-day event served as a platform to attract global investors, highlight the state’s strategic advantages, industrial potential, and business-friendly policies, and drive economic […]
Accredited Social Health Activist
Accredited Social Health Activist: ASHA workers have been on an indefinite stir in front of the Kerala government secretariat over the last several days demanding an increase of their monthly remuneration to Rs 21,000, retirement benefit of Rs 5 lakh and other basic benefits. ASHA is a trained female community health activist. The ASHA program […]
Cholanaikkan Tribe : New Scope
Cholanaikkan Tribe : New Scope In a novel attempt to provide education to a bed-ridden girl belonging to the Cholanaikkan tribe, the Samagra Shiksha Kerala programme of the general education department has prepared 30 audio-visual texts in the tribe’s own distinct language. They are a diminishing tribe of India. With a population of less than […]
Mount Fentale
Mount Fentale: Mount Fentale volcano in Ethiopia is spewing unusually large volumes of methane from its crater, according to satellite measurements of the potent greenhouse gas. It is a stratovolcano located in Awash National Park in the Oromia Region, Ethiopia. It rises approximately 600 m from the floor of the Rift Valley, and the lavas […]
Petrification
Petrification: Geologists and forest officials recently unearthed a rare and well-preserved petrified fossil at Rajmahal Hills near Barmasia village in Pakur district, Jharkhand. Petrification (petros means stone) occurs when the organic matter is completely replaced by minerals and the fossil is turned to stone. This generally occurs by filling the pores of the tissue and […]
Svalbard Global Seed Vault
Svalbard Global Seed Vault: The Svalbard Global Seed Vault received more than 14,000 new seed samples. It is the largest backup facility for the world’s crop diversity. Svalbard is the Norwegian archipelago half way between the Northern pole and Mainland Norway. The Seed Vault’s objective is to safeguard as much of the world’s unique crop […]
Kundi Water Harvest System
Kundi Water Harvest System: The Kundi traditional Water Harvest System is an excellent example of how local knowledge and architectural ingenuity can address environmental challenges in water scarce region. The kundi (also known as a kund) is a traditional rainwater harvesting system that is predominantly found in desert regions in Rajasthan, India. This system is […]
