SBI Announces Interoperability of CBDC and UPI for Seamless Transactions In a significant move towards enhancing digital financial transactions in India, the State Bank of India (SBI) has recently made a groundbreaking announcement regarding the interoperability of Central Bank Digital Currency (CBDC) and Unified Payments Interface (UPI). This development promises to revolutionize the way financial…
Nattaya Boochatham Becomes 1st Bowler from Associate Nation to Pick Up 100 Wickets in T20s Nattaya Boochatham, the talented Thai cricketer, has recently etched her name in the record books by becoming the first bowler from an associate nation to claim 100 wickets in T20 international cricket. This remarkable achievement highlights not only her exceptional…
43rd ASEAN Summit Begins in Jakarta on September 5 The 43rd ASEAN Summit, a significant diplomatic event, commenced in Jakarta on September 5, bringing together leaders from Southeast Asian nations. This summit, hosted by Indonesia, holds great importance for aspirants preparing for various government exams, including positions in education, law enforcement, banking, railways, defense, and…
Nobel Foundation Reverses Decision to Invite Russian Ambassador The Nobel Foundation, responsible for the prestigious Nobel Prize awards, recently found itself in the midst of controversy when it reversed its decision to invite the Russian Ambassador to the Nobel Prize ceremonies. This unexpected turn of events has significant implications not only in the field of…
Record Bank Credit Outstanding to Real Estate Reaches Rs 28 Trillion in July: RBI The real estate sector in India has witnessed a significant boost as the Reserve Bank of India (RBI) reported a record-breaking bank credit outstanding to the real estate industry, reaching a whopping Rs 28 trillion in July. This development holds immense…
Satyajit Majumdar Honoured with Dr. V.G. Patel Memorial Award 2023 The world of academia and research is abuzz with excitement as Dr. Satyajit Majumdar has been conferred with the prestigious Dr. V.G. Patel Memorial Award for the year 2023. This coveted honor is a testament to his remarkable contributions to the field of economics and…
Government Partners with Meta for Education to Entrepreneurship to Skill 500,000 Entrepreneurs In a groundbreaking move, the government has joined hands with Meta, the parent company of Facebook, to launch an ambitious initiative aimed at empowering aspiring entrepreneurs. This collaboration intends to equip a staggering 500,000 individuals with the skills and knowledge needed to excel…
G20 Summit 2023 in New Delhi: Countries and Leaders Set to Attend The G20 Summit is an annual international gathering of world leaders where crucial global issues are discussed and solutions are proposed. In 2023, this prestigious event is set to take place in the historic city of New Delhi, India. With the participation of…
Bad Banks Chairman Karnam Sekar Resigns After Proposal to Merge with IDRCL In a recent development that has sent ripples through the financial sector, the Chairman of the Bad Banks, Mr. Karnam Sekar, has tendered his resignation following a contentious proposal to merge the Bad Banks with the Infrastructure Development and Finance Company Ltd. (IDRCL)….
Morgan Stanley Raises India GDP Forecast After Q1 Data Surprises Positively India’s economic landscape is experiencing a ray of hope as Morgan Stanley, a leading global financial services firm, raises its GDP forecast following unexpectedly positive Q1 data. This development carries significant implications for students preparing for government exams, especially those eyeing positions in the…
