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RBI cuts repo rate

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%.

Devagiri Fort

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.

Transparency and accountability in the judiciary

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.

RBI SURPLUS TRANSFER

08-Apr-2025

The Reserve Bank of India (RBI) generates a surplus, which refers to the excess of income over expenditure. 

Mumbai Interbank Offer Rate (MIBOR)

08-Apr-2025

MIBOR stands for Mumbai Interbank Offer RateIt is an interest rate benchmark that reflects the average rate at which Indian banks borrow unsecured funds from each other in the interbank market

WAQF Amendment Act 2025, Origin, Structure, Key Changes, Criticism

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. 

Ghibli Art

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.

Revised Priority Sector Lending (PSL) Norms

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. 

Monetary Policy

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.

VARIABLE REPO RATE (VRR)

07-Apr-2025

The Variable Repo Rate (VRR) is a type of liquidity adjustment tool used by the Reserve Bank of India (RBI), where banks can borrow funds for the short term at market-determined interest rates through an auction mechanism. 

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