The Growth of India’s Microfinance Sector (2100% in 12 Years) Introduction: India’s Booming Microfinance Sector Over the last 12 years, India’s microfinance sector has experienced remarkable growth, surging by an astonishing 2100%. This growth has been driven by increasing demand for small loans from individuals who are otherwise excluded from traditional banking services. The microfinance…
Microsoft Deepens AI Collaboration with India: Strengthening Technological Ties Introduction to the Collaboration Microsoft has announced a deeper collaboration with India to enhance the development and deployment of Artificial Intelligence (AI) technologies. This partnership is aimed at accelerating India’s digital transformation and fostering innovations in AI across various sectors. Through this collaboration, Microsoft aims to…
24th BIMSTEC Senior Officials Meeting (SOM) – Key Highlights and Discussions Introduction to BIMSTECThe 24th BIMSTEC Senior Officials Meeting (SOM) was held to discuss and strengthen cooperation between the member countries of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC). This regional organization is aimed at fostering economic cooperation and regional…
Historic Dolphin Tagging Initiative in Assam Introduction The state of Assam has embarked on a groundbreaking initiative to tag river dolphins, marking a significant milestone in wildlife conservation. This project, spearheaded by the Assam Forest Department and in collaboration with international organizations, is aimed at studying the behavioral patterns and habitat dynamics of these endangered…
Switzerland Suspends Most-Favoured-Nation Status to India: A Major Diplomatic Shift Introduction to the News In a significant diplomatic development, Switzerland has suspended its Most-Favoured-Nation (MFN) status to India, a move that has drawn attention on the global stage. This decision was made in the wake of rising concerns over India’s actions in Jammu and Kashmir….
IIT Madras Completes 410-Meter Hyperloop Test Track: A Milestone in Transportation Innovation Introduction: IIT Madras’ Groundbreaking Hyperloop Test Track In a significant advancement in the transportation sector, the Indian Institute of Technology (IIT) Madras has successfully completed a 410-meter-long test track for the Hyperloop, an ambitious project that promises to revolutionize high-speed travel. The test…
India to Chair the 68th Session of the UN Commission on Narcotic Drugs (CND) India has been entrusted with the responsibility of chairing the 68th session of the United Nations Commission on Narcotic Drugs (CND). This prestigious role was conferred upon India due to its significant contributions to international drug control efforts. The session, which…
India Highlights Green Initiatives at UNCCD COP16 in Riyadh India recently showcased its green initiatives at the 16th Conference of the Parties (COP16) to the United Nations Convention to Combat Desertification (UNCCD) held in Riyadh, Saudi Arabia. The event brought together countries, stakeholders, and environmental organizations to address critical issues related to land degradation, desertification,…
Punjab National Bank Joins PCAF to Strengthen Climate Action Commitments Introduction to PNB’s New InitiativePunjab National Bank (PNB), one of India’s leading public sector banks, has announced its membership in the Partnership for Carbon Accounting Financials (PCAF). This global initiative is aimed at improving the financial sector’s ability to measure and disclose greenhouse gas (GHG)…
India Drops Two Spots in Global Climate Index IntroductionIndia has dropped two spots in the latest Global Climate Index, moving from its previous position in the top 10 to 8th place. The Climate Change Performance Index (CCPI), compiled annually by Germanwatch, reveals a concerning trend for India and other developing nations. This ranking is based…
