Japan yen-pegged stablecoin launch 2025: Japan has launched JPYC, the world’s first stablecoin fully backed by yen deposits and government bonds. Learn about its economic impact, regulation, and key exam-relevant facts for students. Japan Launches World’s First Yen-Pegged Stablecoin Major Step in Digital Currency Innovation On October 27, 2025, Japan’s fintech startup JPYC Inc. officially…
India forex reserves 2025 update: India’s forex reserves have crossed US$700 billion, driven by a surge in gold valuation. Learn about RBI’s reserve composition, economic implications, and exam-relevant insights for UPSC, SSC, Banking, and Defence exams. India’s Forex Reserves Cross US$700 Billion as Gold Holdings Surge In a significant development for India’s external sector, the…
Bangladesh, often referred to as the “Country of Rivers,” boasts an intricate network of approximately 700 rivers, including major waterways like the Ganges, Brahmaputra, and Meghna. This extensive river system has profoundly influenced the nation’s geography, culture, and economy, shaping its identity and way of life. The Vast River Network The sheer number of rivers…
Introduction: The Vastness of Jammu and Kashmir Jammu and Kashmir, a region known for its breathtaking landscapes and strategic significance, is divided into several districts, each with its unique characteristics. Among these, Leh stands out as the largest district by area, encompassing a vast expanse that contributes significantly to the region’s geography and administration. Geographical…
Introduction The title of the world’s richest person is constantly changing due to fluctuations in stock prices, business performance, and investments. As of 2025, the richest person in the world is [Insert Name] with a net worth of approximately [Insert Amount] billion dollars. The competition for this title is primarily between tech entrepreneurs, industrialists, and…
Elon Musk Regains Top Spot in Global Rich List Elon Musk, the CEO of Tesla, SpaceX, and X (formerly Twitter), has once again become the richest man in the world, surpassing Amazon’s Jeff Bezos and LVMH’s Bernard Arnault. According to the Bloomberg Billionaires Index, Musk’s net worth now exceeds $200 billion, making him the leading…
The title “Magic City” in the United States is often associated with Miami, Florida. This designation reflects its rapid growth, vibrant culture, and economic significance. Over the years, Miami has emerged as a global hub for tourism, trade, finance, and entertainment. In this article, we will explore why Miami is called the “Magic City,” its…
Public Sector Banks Record Net Profit of Rs 85,520 Crore in First Half FY2024-25 Introduction: Public Sector Banks’ Strong Financial Performance In the first half of the fiscal year 2024-25, public sector banks (PSBs) in India have reported a significant surge in their net profits. According to recent data, these banks collectively recorded a net…
Elon Musk Reaches $400 Billion Milestone and Creates History Introduction to the MilestoneElon Musk, the visionary CEO of Tesla and SpaceX, recently achieved a remarkable feat by surpassing the $400 billion mark in net worth. This milestone not only solidifies Musk’s position as one of the wealthiest individuals on the planet but also marks a…
Windfall Tax on Crude Petroleum Slashed to Zero in India What is a Windfall Tax and When is it Imposed? A windfall tax is a levy imposed on companies experiencing a sudden and significant surge in profits due to unforeseen circumstances. It serves a dual purpose: redistributing wealth and generating additional government revenue. Indian Government…
