The six-member Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das voted unanimously to raise repo rate by 50 basis points to 4.90 percent. The Monetary Policy Committee has raised the repo rate in order to tackle elevated inflation. Standing Deposit ...

The World Bank has slashed its growth forecast for India for the current financial year to 7.5 percent, a hefty 1.2 percentage points down from its previous forecast of 8.7 percent. Writing in its latest Global Economic Prospects report released, the World Bank said it cut ...

Suryoday Small Finance Bank, one of India’s premier small finance banks, has established a cooperation with Mobisafar to provide banking services across India through all of Mobisafar’s franchises and Business Correspondent network. The cooperation aims to increase financial ...

In the 2022 Environment Performance Index (EPI), an analysis by Yale and Columbia University researchers that gives a data-driven evaluation of the situation of sustainability around the world, India came in last out of 180 countries. Climate change, environmental ...

Current Affairs is the most important area in all competitive exams. But the difficulty level is very high. That’s why; many aspirants get confused, how to select Current Affairs for Preparation of Competitive Examination? In this Post, Daily Current Affairs 8 June 2022, we have tried to cover ...

Airtel Payments Bank has partnered with Muthoot Finance to offer gold loans through Airtel Thanks app. There will be no-processing charge on the loan. Muthoot Finance will provide up to 75% of the pledged gold value as a loan. The loan facility will be ...

World Oceans Day is celebrated annually on 8 June to remind us of the important role of the oceans in sustaining our livelihoods and the necessity to prevent them from destruction. According to the United Nations (UN), oceans are the lungs of our planet and a major source of food and medicine, and ...

India has successfully test- fired a nuclear-capable Agni-IV ballistic missile from APJ Abdul Kalam Island in Odisha. Agni-IV can strike targets 4,000 km away. This missile is the fourth in the Agni series of missiles which is earlier known as Agni II prime. This ...

Manipur Handloom & Handicrafts Development Corporation (MHHDC) has signed a pact with Amazon for providing an e-market platform for traditional handloom and handicraft items. Both representatives, signed the MoU at the opening function of Manipur Heritage Expo, 2022. As ...

A multinational peacekeeping exercise, 'Ex Khaan Quest' 2022 has started in Mongolia. 16 countries are taking part in this exercise including India. This exercise has been inaugurated by the President of Mongolia, Ukhnaagiin Khurelsukh. Indian Army is represented by a contingent from ...

Defence Acquisition Council (DAC) has accorded the Acceptance of Necessity (AoN) for Capital Acquisition Proposals of the Armed Forces amounting to Rs 76,390 crore. This will give boost to the Indian Defence Industry and reduce foreign spending significantly. The DAC meeting ...

The Reserve Bank of India (RBI) has released the provisioning guidelines for outstanding loans extended by 'NBFC-Upper Layer'. These guidelines shall be effective from October 1, 2022. Individual housing loans and loans to Small and Micro Enterprises (SMEs): 0.25%. ...