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The Reserve Bank of India sold a record $20.2 billion in the forex market

The Reserve Bank of India sold a record $20.2 billion in the forex market: The Reserve Bank of India (RBI) sold a record $20.2 billion in the foreign exchange market to stabilize the rupee amid significant foreign portfolio investor (FPI) outflows. This intervention increased the RBI’s net short position in the forward market to $58.9 […]

The Union Cabinet has approved a ₹11,440 crore revival package for debt-ridden RINL

The Union Cabinet has approved a ₹11,440 crore revival package for debt-ridden RINL: The Union Cabinet has sanctioned a substantial ₹11,440 crore package to revitalize Rashtriya Ispat Nigam Limited (RINL), commonly known as Vizag Steel, addressing its critical financial challenges.This strategic intervention aims to infuse ₹10,300 crore as equity capital into RINL and convert ₹1,140 […]

China successfully launched Pakistan’s first indigenous Electro-Optical Satellite (PRSC-EO1) on January 17, 2025

China successfully launched Pakistan’s first indigenous Electro-Optical Satellite (PRSC-EO1) on January 17, 2025: China successfully launched Pakistan’s first indigenous Electro-Optical (EO-1) satellite, PRSC-EO1, from the Jiuquan Satellite Launch Center. The satellite, designed to collect Earth observation data using electro-optical sensors, was deployed into its planned orbit by a Long March-2D carrier rocket at 12:07 pm […]

ISRO has successfully germinated black-eyed pea (lobia) seeds in space using its Compact Research Module for Orbital Plant Studies

ISRO has successfully germinated black-eyed pea (lobia) seeds in space using its Compact Research Module for Orbital Plant Studies: The Indian Space Research Organisation (ISRO) achieved a significant milestone in space agriculture by successfully germinating black-eyed pea (lobia) seeds aboard its Compact Research Module for Orbital Plant Studies (CROPS). This breakthrough underscores the potential for […]

Justice Arun Mishra: New Ombudsman of BCCI

Justice Arun Mishra: New Ombudsman of BCCI Justice Arun Mishra, a former Supreme Court judge, has been appointed as the Ombudsman and Ethics Officer of the Board of Control for Cricket in India (BCCI). The announcement was made and marking another significant milestone in his illustrious career. Justice Mishra’s extensive legal expertise and leadership experience […]

Central Suspect Registry : In News

Central Suspect Registry : In News Since the launch of the online ‘Central suspect registry’,the Centre has declined six lakh fraudulent transactions and saved Rs 1,800 crore. Central Suspect Registry is an initiative to strengthen cyberfraud risk management by creating a registry of identifiers. It was created based on the National Cybercrime Reporting Portal (NCRP). […]