10-Apr-2025
Ways and Means Advances (WMA) refer to the temporary advances provided by the Reserve Bank of India (RBI) to States/Union Territories (UTs) and the Union Government to address temporary mismatches in their cash inflows and outflows.
10-Apr-2025
The Monetary Policy Committee (MPC) of the Reserve Bank of India has cut the repo rate by 25 basis points for the second consecutive time to 6%.
10-Apr-2025
The Archaeological Survey of India (ASI) is investigating the fire in Devagiri Fort. The Archaeological Survey of India is responsible for the conservation of this fort and regulates its activities under the Ancient Monuments and Archaeological Sites and Remains Act, 1958.
09-Apr-2025
All 33 judges of the Supreme Court have decided to publicly declare their assets following a cash controversy at the residence of a former Delhi High Court judge. This will promote transparency in the judiciary and help strengthen public confidence.
08-Apr-2025
The Reserve Bank of India (RBI) generates a surplus, which refers to the excess of income over expenditure.
08-Apr-2025
MIBOR stands for Mumbai Interbank Offer Rate. It is an interest rate benchmark that reflects the average rate at which Indian banks borrow unsecured funds from each other in the interbank market.
08-Apr-2025
The Waqf (Amendment) Act, 2025, also known as the UMEED Act (Unified Management Empowerment Efficiency and Development Act), was passed by the Indian Parliament in April 2025.
08-Apr-2025
After the update of the fourth model of ChatGPT by Open AI, the images of Studio Ghibli-art created from this model have gone viral on the Internet.
07-Apr-2025
The Priority Sector Lending (PSL) norms are designed to ensure that banks provide credit to sectors that are critical for the economic and social development of the country, especially those that are underserved or face financial exclusion.
07-Apr-2025
Monetary policy refers to the actions undertaken by a country's central bank—in India, the Reserve Bank of India (RBI)—to regulate the money supply, interest rates, and liquidity to ensure price stability and promote sustainable economic growth.
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