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Monthly Archives: June 2024

Banks Bid Rs 1.6 Trillion in Variable Rate Repo Auction Amid Tightening Liquidity

RBI Absorbs ₹44,430 Crore Through VRRR Auctions

The Reserve Bank of India (RBI) conducted two variable rate reverse repo (VRRR) auctions totaling ₹44,430 crore, aiming to absorb surplus liquidity from the banking system. Despite the central bank’s readiness to absorb up to ₹1-lakh crore, banks utilized only a portion of the available amount. VRRR Auction Details In the first auction, banks deployed …

June, 2024 - - Part 51_4.1

Which State of United States is Known as “The Show Me State”?

Nestled in the heart of the Midwest, Missouri is a state rich in history, culture, and natural beauty. One of its most distinctive features, however, is its moniker: the “Show Me State.” This nickname, shrouded in a mix of fact and folklore, encapsulates the spirit and character of Missouri and its residents. Which State of …

Nar Singh, Rohini Lokhande win Dilip Bose lifetime achievement award

Nar Singh, Rohini Lokhande win Dilip Bose Lifetime Achievement Award

The All India Tennis Association (AITA) has announced the Dilip Bose award for lifetime achievement to coach Nar Singh. The first award would be presented to the 69-year-old Rohini Lokhande who was a member of the national team along with Kiran Bedi, Nirupama Mankad, Susan Das and Udaya Kumar, before she took to coaching at …

MeitY and UNESCO Host National Workshop on Safe, Trusted, Ethical AI

MeitY and UNESCO Host National Workshop on Safe, Trusted, Ethical AI

The United Nations Educational, Scientific and Cultural Organization (UNESCO) South Asia Regional Office, in collaboration with the Ministry of Electronics and Information Technology (MeitY), Government of India, organized the National Stakeholder Workshop on Safe, Trusted, and Ethical AI at the Taj Palace Hotel, New Delhi. This event, following the approval of the IndiaAI Mission by …

3rd Indian Analytical Congress Explores 'Green Transitions'

3rd Indian Analytical Congress Explores ‘Green Transitions’

Analytical science refers to the art of measurement and its interpretation. It involves improving the means of measuring the chemical composition, structure, and morphology of natural and man-made substances or entities and interpreting the data obtained. Dehradun Hosts Premier Analytical Science Event The 3rd Indian Analytical Congress, an international conference organized by the Council of …

SBI Mutual Fund Becomes First to Top Rs 10 Trillion in Assets Under Management

SBI Mutual Fund Becomes First to Top Rs 10 Trillion in Assets Under Management

SBI Mutual Fund (SBI MF) achieved a historic milestone on Monday by becoming the first fund house in India to surpass Rs 10 trillion in assets under management (AUM). This significant accomplishment is attributed to the post-pandemic equity boom and a growing awareness of mutual fund investing. Key Drivers of Growth Equity Market Rally and …

Uttarakhand Unveils India's First Astro-Tourism Initiative

Uttarakhand Unveils India’s First Astro-Tourism Initiative

The Uttarakhand government organized India’s first-ever astro-tourism event called ‘Nakshatra Sabha’ in Mussoorie, the ‘Queen of Hills’, on June 1 and 2, 2024. The inaugural event was held at the George Everest Peak, famous for its breathtaking views of the Doon Valley and the snow-capped Himalayas. Boosting Tourism in the Himalayan State Uttarakhand, known for …

The Roads to India’s Redemocratisation, The Challenges

The Roads to India’s Redemocratisation, The Challenges

The margin of victory for Indian Prime Minister Narendra Modi’s third consecutive five-year term was less than anticipated. However, Modi’s popularity at home and the connections he has helped India create overseas will make the progress of his nation one of the most significant tales of the ensuing ten years. Although there hasn’t been a …