World Gold Council : In News The World Gold Council (WGC) has increased India’s gold consumption projection for 2024 to 850 tonnes from 750 tonnes. This revision is due to favourable monsoon conditions and a reduction in gold import duty. The rise in demand, mainly driven by jewellery purchases, is expected to continue through Diwali-Dhanteras. […]
Anubhav Awards
Anubhav Awards: The Department of Pension and Pensioners’ Welfare (DoPPW) organised the 7th Anubhav Awards ceremony to recognise the contribution made by Central Government employees while in service. The Anubhav Awards, initiated by the DoPPW, is designed to recognize and document the experiences of retiring and retired Central Government employees. Launched in March 2015 on […]
RBI’s Five Strategic Priorities for India’s Financial Future
RBI’s Five Strategic Priorities for India’s Financial Future: At the Global Fintech Festival (GFF) 2024 in Mumbai, Reserve Bank of India (RBI) Governor Shaktikanta Das outlined five strategic priorities for India’s financial future, underscoring the country’s ambitious plans to establish itself as a leading global economy
Payment Passkey Service
Payment Passkey Service: Mastercard has debuted its Payment Passkey Service in India, offering a secure, non-OTP-based solution for online transactions.The Payment Passkey Service is a secure, non-OTP-based method for managing online transactions. Instead of using traditional passwords or one-time passwords (OTPs), this service relies on biometric authentication (fingerprints, facial scans) or PINs available on the […]
Dhaincha and Green Manuring
Dhaincha and Green Manuring: The Tamil Nadu government has recently distributed Dhaincha (green manure) under the Chief Minister’s Mannuyir Kaathu Mannuyir Kaappom (MKMK) Scheme. Farmers receive 20 kg of green manure per acre at a 50% subsidy to improve soil health. Dhaincha: A tall herb grown in wet areas, used for livestock feed and soil […]
Cyclone Asna forms Over Kutch
Cyclone Asna forms Over Kutch: Cyclone Asna has formed over the Kutch coast in Gujarat and adjoining areas of Pakistan, the India Meteorological Department (IMD) said on August 30. The cyclonic storm – a rare land-originating one in August and headed to the Arabian Sea – is expected to move further away from the western […]
UN Allocates $100 Million for Humanitarian Crises in 10 Countries
UN Allocates $100 Million for Humanitarian Crises in 10 Countries: The United Nations has allocated $100 million from the Central Emergency Response Fund (CERF) to address critical humanitarian needs in 10 countries across Africa, the Middle East, Asia, and the Caribbean.
RBI Imposes Penalties on UCO Bank and Cent Bank Home Finance Ltd
RBI Imposes Penalties on UCO Bank and Cent Bank Home Finance Ltd: The Reserve Bank of India (RBI) has levied penalties on two financial entities for regulatory non-compliance. UCO Bank has been fined Rs 2.68 crore for violating provisions related to current account openings, deposit interest rates, and fraud classification.
Mona Agrawal Won Her First Paralympic Bronze Medal
Mona Agrawal Won Her First Paralympic Bronze Medal: Mona Agarwal made history at the 2024 Paralympics by securing a bronze medal in the women’s 10m air rifle standing SH1 event on August 30. Her journey to the podium was not just about athletic excellence but also a testament to her resilience as a mother of […]
NHPC, SECI, Railtel, and SJVN Gain Navratna Status
NHPC, SECI, Railtel, and SJVN Gain Navratna Status: Finance Minister Nirmala Sitharaman granted ‘Navratna’ status to four Central Public Sector Enterprises (CPSEs): NHPC, Solar Energy Corporation of India (SECI), Railtel Corporation of India (RCIL), and Satluj Jal Vidyut Nigam (SJVN).
