MuleHunter AI by RBI: A Breakthrough in Combating Financial Fraud
RBI Unveils MuleHunter AI to Combat Financial Fraud The Reserve Bank of India (RBI) has…
MuleHunter AI by RBI: A Breakthrough in Combating Financial Fraud
RBI Unveils MuleHunter AI to Combat Financial Fraud The Reserve Bank of India (RBI) has introduced an advanced artificial intelligence (AI) tool named MuleHunter to strengthen the fight against financial fraud. The tool is designed to track and identify suspicious banking activities, particularly focusing on fraudulent transactions linked to mule accounts. Mule accounts are typically…
International Day of Commemoration and Dignity of the Victims of the Crime of Genocide 2024 | UN’s Role in Preventing Atrocities
International Day of Commemoration and Dignity of the Victims of the Crime of Genocide 2024 Introduction to the International Day of Commemoration and Dignity of the Victims of the Crime of Genocide The International Day of Commemoration and Dignity of the Victims of the Crime of Genocide is observed annually on December 9. This day…
RBI Eases FCNR(B) Deposit Rates to Boost Foreign Inflows Amid Global Economic Softening
RBI Eases FCNR(B) Deposit Rates to Boost Foreign Inflows Amid Global Softening Overview of the RBI’s Decision On December 8, 2024, the Reserve Bank of India (RBI) announced its decision to ease the Foreign Currency Non-Resident (FCNR) Deposit rates in an attempt to enhance foreign inflows into the country. The move comes amid global economic…
International Anti-Corruption Day 2024: Unite Against Corruption – Importance and Global Impact
International Anti-Corruption Day 2024 (December 9, 2024) Introduction to International Anti-Corruption Day International Anti-Corruption Day, observed annually on December 9, aims to raise awareness about the importance of fighting corruption and promoting transparency, integrity, and accountability in governance. This global event is recognized by various governments, organizations, and civil society groups worldwide. It serves as…
Secured Overnight Rupee Rate (SORR) Introduction by RBI – Enhancing Financial Market Transparency
RBI Introduces Secured Overnight Rupee Rate (SORR) The Reserve Bank of India (RBI) recently introduced the Secured Overnight Rupee Rate (SORR) as a new benchmark for the overnight money market in India. This move aims to enhance transparency and improve the functioning of the money market, making it more robust and resilient to financial shocks….
India Anti-Drone Unit for Border Security: Strengthening National Defense
India Plans Anti-Drone Unit for Border Security Introduction: India’s Efforts to Enhance Border Security In a move to strengthen its border security, India has announced the formation of an anti-drone unit aimed at countering the growing threat posed by drones at the borders. This strategic decision is a response to increasing concerns regarding drone surveillance…
India’s FDI Inflows Surpass $1 Trillion: Solidifying Global Investment Status
India’s FDI Inflows Surpass $1 Trillion, Solidifying Global Investment Status India has reached a significant milestone, with Foreign Direct Investment (FDI) inflows surpassing the $1 trillion mark. This achievement highlights the country’s growing global economic stature and the confidence that international investors have in India’s market potential. FDI plays a critical role in the growth…
McLaren Wins Abu Dhabi GP 2024: Lando Norris Ends 26-Year Wait for Victory
Norris Wins Abu Dhabi GP, Ends McLaren’s 26-Year Wait for Victory Introduction to the Historic Victory On November 26, 2024, Lando Norris clinched a remarkable victory at the Abu Dhabi Grand Prix, marking McLaren’s first win after a 26-year drought. This victory is a pivotal moment not just in Norris’s career, but also in McLaren’s…
Devajit Saikia Appointed Acting Secretary of BCCI – Key Appointment for Indian Cricket Governance
Devajit Saikia Appointed Acting Secretary of BCCI IntroductionOn December 6, 2024, Devajit Saikia was appointed as the Acting Secretary of the Board of Control for Cricket in India (BCCI). This appointment comes after the previous secretary, Jay Shah, was appointed as the president of the Asian Cricket Council (ACC). Devajit Saikia, a former cricketer and…
End of Assad Dynasty: Syria’s 50-Year Rule Shattered and Future Uncertain
End of Assad Dynasty: A Family’s 50-Year Rule Over Syria Shattered The recent developments in Syria have marked the end of the Assad family’s 50-year-long rule. The event signals a monumental shift in the nation’s political landscape. The Assad dynasty, which began with Hafez al-Assad’s rise to power in 1970, has shaped the history of…
