New Features For The Unified Payments Interface: The Reserve Bank of India (RBI) has recently introduced two new features for the Unified Payments Interface (UPI). These new features are poised to make UPI even more versatile and user-friendly, benefiting both consumers and financial institutions. New Features: UPI Access for Prepaid Payment Instruments (PPIs) through Third […]
Category: Current Affairs
Credit-Deposit Ratio : Reached Its Highest Level
Credit-Deposit Ratio : Reached Its Highest Level Data from the Reserve Bank of India (RBI) reveals that the credit-deposit ratio has reached its highest level in at least 20 years. This surge in the credit-deposit ratio indicates that more of the banks’ deposit base is being utilized for loans, including home loans and other consumption-related […]
Homoeopathy Symposium
Homoeopathy Symposium: The President of India inaugurated a two-day Homoeopathy Symposium, organised by the Central Council for Research in Homoeopathy on the occasion of the World Homoeopathy Day. Homeopathy is a system of medicine which is based on the concept that the body has an inherent ability to heal itself, and the role of the […]
Overseas Citizenship Of India : Expansion
Overseas Citizenship Of India : Expansion India has been contemplating extending the Overseas Citizenship of India (OCI) Card privileges to overseas Indians in Fiji and other nations after relaxing the rules for Suriname. In 2023, India announced an extension of the eligibility criteria for OCI card of the original Indian immigrants in Suriname, from the […]
Dark Energy Spectroscopic Instrument (DESI)
Dark Energy Spectroscopic Instrument (DESI): DESI’s groundbreaking project harnesses 5,000 robots to peer 11 billion years into the past, revealing unprecedented insights into our expanding universe. It found the most precise measurement of the universe expansion rate at a rate of 68.5 (±0.6) kilometres per second per megaparsec (a million parsec; 1 parsec equals 3.2616 […]
Wigner Crystal
Wigner Crystal: Scientists have for the first time successfully visualized the elusive Wigner crystal, a strange kind of matter that is made entirely of electrons. Wigner Crystal is the solid phase of electrons, first predicted by Eugene Wigner in 1934. It is one of the first proposed many-body phases stabilized by the electron-electron interaction. Interaction […]
QS World University Rankings 2024
QS World University Rankings 2024: Sixty-nine Indian universities made it to the rankings with 424 entries in the 2024 QS World University Rankings by Subject. Highlights of the 2024 Rankings: Massachusetts Institute of Technology (MIT) has been ranked as the 1 university in the world by QS World University Rankings for 12 straight years. Indian […]
National Investment And Infrastructure Fund
National Investment And Infrastructure Fund: The NIIF has invested $200 million in iBUS Network and Infrastructure Pvt Ltd., a connectivity technology firm, to support the growth of India’s digital infrastructure. National Investment and Infrastructure Fund (NIIF) is a fund manager that invests in infrastructure and related sectors in India. It is India’s first-ever sovereign wealth […]
Fast-Moving Consumer Goods
Fast-Moving Consumer Goods: The Rs 5-trillion domestic fast-moving consumer goods (FMCG) market still faces hurdles on its path to complete recovery from the current slowdown. Fast-Moving Consumer Goods (FMCG) are products sold quickly and at a relatively low cost. The FMCG industry is characterized by high-volume sales, quick inventory turnover, and various products catering to […]
CDP-SURAKSHA Platform
CDP-SURAKSHA Platform: Government of India has come up with a new digital platform called CDP-SURAKSHA to disburse subsidies to horticulture farmers under the Cluster Development Programme (CDP). System for Unified Resource Allocation, Knowledge, and Secure Horticulture Assistance (SURAKSHA) is a platform which will allow an instant disbursal of subsidies to farmers in their bank account […]
