Net Interest Margin: State-run lender Indian Overseas Bank (IOB) has taken various steps to offset the impact on net interest margin (NIM) from the repo rate cut affected by the Reserve Bank of India (RBI) recently. NIM is a financial metric used to measure the profitability of a bank or financial institution’s lending activities. It […]
Lenacapavir Drug
Lenacapavir Drug: The United States Food and Drug Administration (FDA) approved Lenacapavir (LEN), the most promising HIV prevention medicine to be made so far. Lenacapavir is an antiretroviral medicine that is used for HIV prevention as a pre-exposure prophylaxis or PrEP. PrEP is a medication that can reduce the risk of HIV infection for individuals […]
Subarnarekha River
Subarnarekha River: Over 50,000 people were affected as a flash flood in the Subarnarekha River caused water to enter their villages in Odisha’s Balasore district. Subarnarekha River originates near Nagri village in the Ranchi District of Jharkhand at an elevation of 600 m. It flows for a length of 395 km before outfalling into the […]
Digital Payments Award 2024-25
Digital Payments Award 2024-25: India Post Payments Bank (IPPB) has been conferred the prestigious Digital Payments Award 2024-25 by the Department of Financial Services (DFS), Ministry of Finance. It is a 100% Government of India-owned entity under the Department of Posts, Ministry of Communications. IPPB was launched on September 1, 2018. The bank has been […]
51st G7 Summit
51st G7 Summit: India’s Prime Minister attended the 51st G7 Summit at Kananaskis, Canada. Though India is not a part of the G7 grouping, it has been invited for the global summit each year for the last six years and twelve times in total as an outreach country. The President of the European Commission was […]
Ghumot as the state’s heritage instrument : GOA
Ghumot as the state’s heritage instrument : GOA In 2019, Goa State Cabinet declared Ghumot as the state’s heritage instrument without monitor lizard skin which has sparked an aesthetics debate on folk music.Ghumot (or Ghumat) is a traditional membranophone percussion instrument that features in several religious and cultural practices of Goa.It is made with an […]
Centre Launches Gender Budgeting Knowledge Hub
Centre Launches Gender Budgeting Knowledge Hub: The Union Ministry of Women and Child Development (WCD), led by Minister Annpurna Devi, launched the Gender Budgeting Knowledge Hub on June 20, 2025. The portal is designed to serve as a comprehensive digital platform to support gender budgeting efforts across central and state ministries, showcasing the Centre’s rising […]
PNB Supports Martyrs’ Families with ₹17 Crore Aid Under Rakshak Plus Scheme
PNB Supports Martyrs’ Families with ₹17 Crore Aid Under Rakshak Plus Scheme: Punjab National Bank (PNB), one of India’s leading public sector banks, has extended financial assistance worth ₹17.02 crore to the families of 26 defence and paramilitary personnel who lost their lives in the line of duty. This support was delivered under the bank’s […]
MDNIY Launches ‘Yoga Bandhan’ to Strengthen Global Unity
MDNIY Launches ‘Yoga Bandhan’ to Strengthen Global Unity: The Morarji Desai National Institute of Yoga (MDNIY) launched ‘Yoga Bandhan’, a flagship international program under the Ministry of Ayush. As a Signature Event leading up to the International Day of Yoga (IDY) 2025, the initiative brought together yoga ambassadors from 15 countries to strengthen global partnerships […]
Daily Current Affairs for UPSC IAS: 20th June 2025
Today’s Current Affairs: 20th June 2025 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
