Central Bank Digital Currency : RBI The Reserve Bank of India (RBI) Governor has highlighted the potential of Central Bank Digital Currency (CBDC) or E-rupee in improving cross-border payments’ efficiency. RBI is gradually expanding its CBDC pilots to include more banks, cities, diverse use cases, and a broader audience. The RBI launched pilots for digital […]
Tag: 7th Sep 2023
Armoured Recovery Vehicles
Armoured Recovery Vehicles: The Indian Army recently began the process to procure 170 Armoured Recovery Vehicles (ARVs) to enhance its operational capabilities. Armoured Recovery Vehicles are specialised military vehicles designed to recover and maintain armoured vehicles on the battlefield. These vehicles are crucial for keeping armoured units operational by recovering damaged or disabled tanks and […]
What Is The Impossible Trinity?
What Is The Impossible Trinity? The Reserve Bank of India(RBI) and Indian investors are facing a challenge in overcoming the “impossible trinity”. The impossible trinity, or the trilemma, refers to the idea that an economy cannot pursue independent monetary policy, maintain a fixed exchange rate, and allow the free flow of capital across its borders […]
Project Naman : Indian Army
Project Naman : Indian Army The Indian Army recently launched ‘Project Naman’, which will entail establishing facilitation and grievance redressal centres for veterans and the kin of personnel who have lost their lives. Project Naman will entail establishing facilitation and grievance redressal centres for veterans and the kin of personnel who have lost their lives. […]
Lunar Reconnaissance Orbiter : NASA
Lunar Reconnaissance Orbiter : NASA NASA’s Lunar Reconnaissance Orbiter (LRO) recently captured the image of India’s Chandrayaan-3 lander. Lunar Reconnaissance Orbiter (LRO) is a NASA spacecraft that was launched on June 18, 2009. Primary Objective is to make a 3D map of the Moon’s surface from lunar polar orbit. It has also been used to […]
Caribbean False Mussel : Report
Caribbean False Mussel : Report A recent report from the Intergovernmental Platform on Biodiversity and Ecosystem Services (IPBES) said that the spread of an invasive species, the Caribbean false mussel (Mytilopsis sallei), is wiping out the native clams and oysters in Kerala. Caribbean false mussel is originally from the Atlantic and Pacific coasts of South […]
Comet Nishimura
Comet Nishimura: NASA said that it seems like a good bet that Comet Nishimura could become visible to the naked eye this week Comet Nishimura was discovered in mid-August by amateur astronaut Hideo Nishimura, who used 30-second exposures with a standard digital camera to see it. Since then, the comet, officially called C/2023 P1 Nishimura, […]
One-Hour Trade Settlement : SEBI
One-Hour Trade Settlement : SEBI Securities and Exchange Board of India (SEBI), which had in July announced it was working on launching real-time settlement of trades, is now planning to implement one-hour settlement of trades first. In one-hour settlement, if an investor sells a share, the money will be credited to their account in an […]
