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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.
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.
07-Apr-2025
The 'Technology and Innovation Report 2025' report was released by the United Nations Conference on Trade and Development (UNCTAD).
07-Apr-2025
Usually, the wealth of a country is measured by its Gross Domestic Product or GDP.
05-Apr-2025
Waqf is an Islamic concept referring to the process by which a Muslim donates property for religious or charitable purposes.
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