Source– This post on Special Rupee Vostro Account (SRVA) is based on the article “Payment mechanism for traders importing pulses from Myanmar simplified: Govt”published in “Economic times” on 16th April 2024. Why in the News? India has simplified the payment mechanism for traders importing pulses from Myanmar by facilitating them to use the Rupee/Kyat direct payment… Continue reading Special Rupee Vostro Account (SRVA)
Tag: Economic Times
World Cybercrime Index
Source- This post on the World Cybercrime Index has been created based on the article “India ranks number 10 in cybercrime, study finds” published in “Economic Times” on 11 April 2024. Why in the news? Recently, an international team of researchers has compiled the ‘World Cybercrime Index’. About World Cybercrime Index 1. The ‘World Cybercrime… Continue reading World Cybercrime Index
National Electronic Funds Transfer (NEFT)
Source-This post on National Electronic Funds Transfer (NEFT) is based on the article “NEFT records 4.1 cr transactions on Feb 29, highest single-day volume” published in “Economic Times” on 1st March 2024. Why in the News? National Electronic Funds Transfer (NEFT) reported its highest-ever daily number of transactions at 4.10 crore on February 29, 2024. About… Continue reading National Electronic Funds Transfer (NEFT)
National Credit Framework (NCrF)
Source– This post on National Credit Framework (NCrF) is based on the article “All you need to know about the National Credit Framework” published in “The Economic Times” on 11th January 2024. Why in the News? This article discusses the National Credit Framework (NCrF) system, which aligns education and skills training. It enables students to… Continue reading National Credit Framework (NCrF)
India begins producing ‘reference’ fuel, joins select league of nations
Source: The post is based on the article “India begins producing ‘reference’ fuel, joins select league of nations” published in “Economic Times” on 30th October 2023 Contents1 Why in the News?2 What is Reference Fuel?3 Who has indigenously produced Reference Fuel?4 What are the benefits of using Reference Fuel? Why in the News? India has… Continue reading India begins producing ‘reference’ fuel, joins select league of nations
Must visit Parvati Kund and Jageshwar temples in Kumaon: PM
Source: The post is based on the article “Must visit Parvati Kund and Jageshwar temples in Kumaon: PM” published in “Economic Times” on 18th October 2023 What is the News? The Prime Minister has encouraged people to visit the Parvati Kund and Jageshwar temples in the Kumaon region of Uttarakhand. What are Parvati Kund and… Continue reading Must visit Parvati Kund and Jageshwar temples in Kumaon: PM
Cross-border CBDC trading: BIS and central banks successfully conclude Project Mariana Test
Source: The post is based on the article “Cross-border CBDC trading: BIS and central banks successfully conclude Project Mariana Test” published in “Economic Times” on 3rd October 2023 What is the News? The Bank for International Settlements (BIS), in collaboration with the central banks of France, Singapore, and Switzerland, has announced the successful conclusion of… Continue reading Cross-border CBDC trading: BIS and central banks successfully conclude Project Mariana Test
Kerala govt to launch ‘Athidhi Portal’ on Monday for registration of migrant workers
Source: The post is based on the article “Kerala govt to launch ‘Athidhi Portal’ on Monday for registration of migrant workers” published in Economic Times on 7th August 2023. What is the News? Kerala Government will be launching the Athidhi Portal. What is Athidhi Portal? Launched by: Kerala Government Purpose: It is a user-friendly web… Continue reading Kerala govt to launch ‘Athidhi Portal’ on Monday for registration of migrant workers
ISRO transfers satellite bus technology to private firm
Source: The post is based on the article “ISRO transfers satellite bus technology to private firm” published in Economic Times on 5th August 2023. What is the News? The Indian Space Research Organisation (ISRO) has begun transferring IMS-1 Satellite Bus technology to Alpha Design Technologies, a Bengaluru-based private company. The transfer was facilitated by ISRO’s… Continue reading ISRO transfers satellite bus technology to private firm
Rajya Sabha passes Mediation Bill, 2021
Source: The post is based on the article “Rajya Sabha passes Mediation Bill, 2021” published in The Economic Times on 1st August 2023. What is the News? Rajya Sabha has passed the Mediation Bill 2021. What is Mediation? Mediation is a type of ADR (alternative dispute resolution), where a dispute is referred to a neutral… Continue reading Rajya Sabha passes Mediation Bill, 2021
