News: The Union Ministry of Ports, Shipping & Waterways (MoPSW) inaugurated Sagarmala Finance Corporation Limited (SMFCL), India’s first Non-Banking Financial Company (NBFC) in the maritime sector. About India’s First Maritime NBFC – Sagarmala Finance Corporation Limited It is a Mini Ratna, Category-I, Central Public Sector Enterprise which has been formally registered as a Non-Banking Financial… Continue reading First Maritime NBFC – Sagarmala Finance Corporation Limited
Author: Sumit Garg
Official Language
News: Union Home Minister addressed the ‘Golden Jubilee Celebration’ of the Department of Official Language in New Delhi as the Chief Guest. About Official Language Constitutional Provisions Part XVII of the Constitution (Articles 343–351) governs language use in the Union, States, Parliament, judiciary, and inter-state communication. So, the official language policy of India is enshrined… Continue reading Official Language
International Potato Centre (CIP)
News: India to set up a regional wing of the Peru-based International Potato Center (CIP) with a focus on the potato and sweet potato. About International Potato Centre (CIP) It was founded in 1971 with a focus on the potato, sweet potato and Andean roots and tubers. It primarily works in South America, Africa and… Continue reading International Potato Centre (CIP)
Weight Loss Drug – Wegovy
News: Danish drugmaker Novo Nordisk has launched its weight loss drug Wegovy as a once-a-week injection in India. About Weight Loss Drug – Wegovy It is a prescription weight loss drug developed by Danish pharmaceutical company Novo Nordisk. It contains semaglutide, a GLP-1 receptor agonist originally developed for type 2 diabetes but found to be… Continue reading Weight Loss Drug – Wegovy
Enhanced Rock Weathering (ERW)
News: Tech giants, airlines and fast fashion firms lining up to buy carbon credits from ERW projects to “offset” or cancel out their own emissions. About Enhanced Rock Weathering (ERW) It is an innovative, nature-based carbon dioxide removal (CDR) technology designed to combat climate change by accelerating the earth’s natural rock weathering process. ERW speeds… Continue reading Enhanced Rock Weathering (ERW)
Tansen
News: The Madhya Pradesh High Court dismissed an appeal seeking permission to perform religious and cultural activities at the tomb of Tansen in Gwalior. About Tansen Birth: He was born into a Hindu Gaur Brahmin family in Gwalior as Ramtanu Pandey. Guru: He was discipled to Swami Haridas, the legendary composer from Vrindavan and court… Continue reading Tansen
RBI lowers priority sector lending target for Small Finance Banks
News: The Reserve Bank of India (RBI) has relaxed priority sector lending (PSL) norms for small finance banks (SFBs). About Priority Sector Lending (PSL) It refers to the mandatory lending targets set by the Reserve Bank of India (RBI) for banks and financial institutions to ensure that certain sectors of the economy receive adequate credit… Continue reading RBI lowers priority sector lending target for Small Finance Banks
Digital Payment Intelligence Platform (DPIP)
News: RBI ropes in banks to build Digital Payment Intelligence Platform to bolster fraud risk management by facilitating real-time intelligence sharing. About Digital Payment Intelligence Platform (DPIP) It is a forthcoming, RBI-led digital public infrastructure (DPI) designed to strengthen fraud risk management in India. Objective: The platform seeks to bolster fraud risk management by facilitating… Continue reading Digital Payment Intelligence Platform (DPIP)
Sustainable Development Report (SDR), 2025
News: India has secured a position among the top 100 countries in the Sustainable Development Goals (SDG) Index for the first time. About Sustainable Development Report (SDR) It is an annual assessment that tracks and ranks the progress of all 193 UN member states toward achieving the 17 Sustainable Development Goals (SDGs) adopted in 2015.… Continue reading Sustainable Development Report (SDR), 2025
Estimates Committee
News: Lok Sabha Speaker inaugurated the national conference marking the platinum jubilee of the Parliamentary Estimates Committee in Mumbai’s Vidhan Bhavan complex. About Estimates Committee The Committee on Estimates was constituted for the first time in 1950. Members: It is consisting of 30 members, elected every year by the Lok Sabha from amongst its Members.… Continue reading Estimates Committee
