Article: India’s Forex Reserves Rise by $5.98 Billion to $578.78 Billion India’s foreign exchange reserves have increased by $5.98 billion to reach $578.78 billion as of March 24, 2023, as per the data released by the Reserve Bank of India (RBI) on Friday. This rise in reserves can be attributed to the increase in foreign…
OPEC oil production : OPEC members announce cut in oil production exceeding one million barrels per day from next month In a major development, the members of the Organization of the Petroleum Exporting Countries (OPEC) have announced a cut in oil production exceeding one million barrels per day from next month. This decision was taken…
Title: Sanjay Jasjit Singh Assumes Charge as Vice Chief of Naval Staff Sanjay Jasjit Singh has taken over as the Vice Chief of Naval Staff, succeeding Vice Admiral R Harikumar. The change of command ceremony took place at the South Block in Delhi. The newly-appointed Vice Chief of Naval Staff will be responsible for the…
Adani Group Ron Malka : Adani Group Appoints Israel’s Former Envoy to India Ron Malka as Chairman of Haifa Port Co. The Adani Group, India’s leading infrastructure conglomerate, has appointed Ron Malka, former Ambassador of Israel to India, as the Chairman of Haifa Port Company in Israel. Haifa Port is one of the largest ports…
RBI Appoints Neeraj Nigam as Executive Director The Reserve Bank of India (RBI) has appointed Neeraj Nigam as its new Executive Director. Nigam has been appointed for a period of three years, and his appointment will be effective from April 03, 2023. He will be in charge of the RBI’s Department of Banking Supervision, among…
India fiscal deficit : India’s April-February Fiscal Deficit at Rs 14.54 Lakh Crore: 83% of FY23 Target India’s fiscal deficit for the first eleven months of the fiscal year 2022-23 was Rs 14.54 lakh crore, which is equivalent to 83% of the target for the entire fiscal year, according to the data released by the…
Current Account Deficit Narrows to 2.2% of GDP in Q3 The current account deficit (CAD) of India has narrowed down to 2.2% of GDP in the third quarter of the fiscal year 2020-21, as per the data released by the Reserve Bank of India (RBI). This is a significant improvement from the previous quarter, where…
World Autism Awareness Day 2023 : Understanding Autism and Building an Inclusive Society On April 2, 2023, the world will come together to mark the 16th annual World Autism Awareness Day (WAAD). The day is an opportunity to raise awareness about autism, promote acceptance and inclusion of people with autism, and advocate for their rights….
Title: Israel Launches New Spy Satellite “Ofek-13” into Orbit Israel has successfully launched a new spy satellite, “Ofek-13”, into orbit. The satellite was launched from a military airbase in central Israel on 9th April. The launch was carried out by the Israeli Ministry of Defense’s Space and Satellite Administration, in collaboration with the Israel Aerospace…
Women aged between 15-29 years spend almost five hours more than men doing unpaid labour A new report by the National Statistical Office (NSO) shows that young women in India, aged between 15-29 years, spend almost five hours more than men in doing unpaid labour, including cooking, cleaning, and caring for family members. The report…
