News: The Reserve Bank of India has decided to increase the interest rate ceilings on Foreign Currency Non-Resident (Banks) Account deposits to support foreign inflows into the country. Foreign Currency Non-Resident (Banks) Deposits About Foreign Currency Non-Resident (Banks) Deposits It is a deposit scheme that enables the Non-Resident Indians (NRIs), Persons of Indian Origin (PIOs)… Continue reading Foreign Currency Non-Resident (Banks) Deposits
Tag: 9pm Daily Factly
Indira Gandhi Peace Prize 2024
News: The Indira Gandhi Prize for Peace, Disarmament, and Development for 2024 will be awarded to former Chilean President Michelle Bachelet. About the Indira Gandhi Peace Prize The Indira Gandhi Peace Prize is prestigious award presented annually in memory of Indira Gandhi, the former Prime Minister of India. The prize was established in 1986. It… Continue reading Indira Gandhi Peace Prize 2024
Ashtalakshmi Mahotsav
News: Prime Minister has inaugurated the first edition of Ashtalakshmi Mahotsav, which is being celebrated from December 6th to 8th 2024 at Pragati Maidan, Delhi. About the Ashtalakshmi Mahotsav The festival celebrates the beauty, culture, and diversity of the 8 North-Eastern States Assam, Arunachal Pradesh, Meghalaya, Manipur, Nagaland, Mizoram, Tripura, and Sikkim. These states are… Continue reading Ashtalakshmi Mahotsav
Copper Industry in India
News: Copper industry in India faces a major copper shortage following the implementation of the Quality Control Order (QCO) on refined copper from December 1, 2024. Japan, which supplies 80% of India’s copper imports, is still awaiting BIS certification, causing a potential supply disruption. About Copper Copper is a reddish-brown metal known for its high… Continue reading Copper Industry in India
International Advisory Body for Submarine Cable Resilience
News:The International Advisory Body for Submarine Cable Resilience was recently launched to tackle growing challenges and maintain the strength of submarine critical infrastructure. About International Advisory Body for Submarine Cable Resilience It was jointly launched by the International Telecommunication Union (ITU) and the International Cable Protection Committee (ICPC). This initiative aims to enhance the resilience… Continue reading International Advisory Body for Submarine Cable Resilience
MuleHunter.AI: RBI’s AI-Powered Tool to Combat Financial Fraud
News: Recently, the Reserve Bank of India (RBI) urged banks to adopt its AI/ML-based tool, MuleHunter.AI, to address the growing problem of mule accounts involved in digital frauds. About MuleHunter.AI It is a cutting-edge AI tool designed to detect and flag mule accounts, with the aim of tackling financial fraud and money laundering. Developed by–… Continue reading MuleHunter.AI: RBI’s AI-Powered Tool to Combat Financial Fraud
Trade Watch Report
News: NITI Aayog’s Trade Watch Quarterly Report highlights the challenges being faced by the Indian economy. Key Highlights of the Report India achieved limited success in harnessing the China Plus One strategy. While countries like Vietnam, Thailand, Cambodia, and Malaysia have emerged as major beneficiaries These countries have simplified tax laws, cheap labour, lower tariffs… Continue reading Trade Watch Report
International Centre for Integrated Mountain Development
News: The International Centre for Integrated Mountain Management (ICIMOD) has launched an Air Quality Dashboard to gauge pollution levels across Indo-Gangetic Plains. About the International Centre for Integrated Mountain Management (ICIMOD) It is a regional intergovernmental organization dedicated to promoting sustainable development in the Hindu Kush Himalayan (HKH) region. It was founded in 1983 and… Continue reading International Centre for Integrated Mountain Development
Global Strategy for Resilient Drylands
News: The Consultative Group on International Agricultural Research (CGIAR) recently launched its 2030 Global Strategy for Resilient Drylands (GSRD). About Global Strategy for Resilient Drylands (GSRD) The initiative is led by CGIAR centers, the International Center for Agricultural Research in the Dry Areas (ICARDA) and the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT).… Continue reading Global Strategy for Resilient Drylands
INS Tushil
News: The Indian Navy is ready to commission its latest multi-role stealth guided missile frigate, INS Tushil, in Kaliningrad, Russia, on 09 Dec 24. About INS Tushil It is an upgraded Krivak III-class frigate of Project 1135.6. Features The ship incorporate “stealth technology” to reduce radar visibility and underwater noise signatures. The ship is equipped… Continue reading INS Tushil
