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Monthly Archives: June 2024

India's Environment Performance in 2024

India’s Environment Performance in 2024

India’s latest ranking in the Environmental Performance Index (EPI) for 2024 places it at 176th out of 180 countries, reflecting slight improvement from previous years but still positioning it among the world’s lowest performers. The index, prepared by Yale and Columbia universities, highlights India’s struggles in crucial areas like air quality, biodiversity, and greenhouse gas …

Chenab Bridge: Indian Railways Conducts Trial Run on World's Highest Steel Arch Rail Bridge

Chenab Bridge: Indian Railways Conducts Trial Run on World’s Highest Steel Arch Rail Bridge

The Indian Railways completed a successful trial of an electric engine from Sangaldan to Reasi, crossing the world’s highest steel arch rail bridge, the Chenab Bridge. Successful Trial 1st trial train has successfully run from Sangaldan to Reasi, including crossing the Chenab Bridge. All construction works for the USBRL are nearly finished, with only tunnel …

Mumbai Retains Top Spot as India's Most Expensive City for Expats: Mercer Report

Mumbai Retains Top Spot as India’s Most Expensive City for Expats: Mercer Report

In Mercer’s 2024 Cost of Living Survey released on June 17, Mumbai solidifies its position as India’s most expensive city for expatriates, climbing to 136th globally and 21st in Asia. New Delhi follows at 30th within Asia, showcasing a notable shift in cost dynamics across Indian cities. Despite economic challenges, India remains resilient, offering affordability …

Shriram Capital Receives RBI Approval to Launch ARC

RBI Cancels Purvanchal Cooperative Bank’s Licence

The Reserve Bank of India (RBI) has revoked the licence of Purvanchal Co-operative Bank, located in Ghazipur, Uttar Pradesh, citing inadequate capital and bleak earning prospects. Consequently, the Commissioner for Cooperation and Registrar of Cooperative Societies, Uttar Pradesh, has been instructed to initiate the bank’s winding-up process and appoint a liquidator. Upon liquidation, depositors will …

Apart From Rajasthan, In Which State of India is Jaipur Location?

Apart From Rajasthan, In Which State of India is Jaipur Location?

Rajasthan, covering approximately 10% of India’s total land area, holds the title of the largest state in the country. Its total area is 342,239 square kilometers. Known as the land of kings, Rajasthan boasts a rich history, unique traditions, and a vibrant cultural heritage. It is home to valiant Rajputs and numerous historical monuments that …

RBI Ups Financial Accommodation for States/UTs by 28% to ₹60,118 Crore

RBI Penalizes Central Bank of India and Sonali Bank PLC for Violations

The Reserve Bank of India (RBI) has imposed fines on Central Bank of India and Sonali Bank PLC for breaches related to customer protection and KYC norms. Central Bank of India faces a penalty of ₹1.45 crore for irregularities including improper sanctioning of loans and delays in reversing unauthorized transactions. Meanwhile, Sonali Bank PLC has …

Chinese Scientists Discover New Pattern of Solar Rotation

Chinese Scientists Discover New Pattern of Solar Rotation

Chinese scientists have made a significant breakthrough in solar research through the use of their solar exploration satellite, the Chinese H-alpha Solar Explorer (CHASE), which has led to the discovery of a new pattern of solar atmospheric rotation. About Chinese H-alpha Solar Explorer(CHASE) The Chinese H-alpha Solar Explorer (CHASE), dubbed “Xihe” – Goddess of the …