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Monthly Archives: August 2024

August, 2024 - - Part 37_3.1

Mitra Shakti 2024: Strengthening Indo-Sri Lankan Military Ties

The Mitra Shakti military exercise, an annual bilateral engagement between the Indian Army and the Sri Lankan Army, commenced on August 12, 2024. This year’s exercise, held at the Sri Lankan Army Training School in Maduru Oya, marks a significant milestone in the military cooperation between these two South Asian nations. Set to run until …

Organ Donation Day 2024: A Comprehensive Guide to Becoming an Organ Donor in India

World Organ Donation Day 2024: Know Date, History and Significance

World Organ Donation Day is observed every year on August 13 to raise awareness about the importance of organ donation and encourage people to register as organ donors. Organ Donation Day serves as a crucial reminder of the importance of this life-saving act. In India, the government has taken significant steps to promote organ donation …

RBI imposes penalties on Godrej Housing, HUDCO, and Aadhar Housing Finance

RBI Tightens Norms for HFCs to Align with NBFCs

The Reserve Bank of India (RBI) has introduced stricter regulations for Housing Finance Companies (HFCs) to bring their public deposit norms in line with those for Non-Banking Financial Companies (NBFCs). This move aims to enhance regulatory parity between the two sectors. Revised Deposit Limits Ceiling Reduction: The RBI has halved the ceiling on the quantum …

August, 2024 - - Part 37_7.1

World Elephant Day 2024: Celebrating Earth’s Gentle Giants

Every year on August 12th, people around the globe observe World Elephant Day. This annual event aims to raise awareness about the challenges faced by the world’s largest land mammals. Elephants, often referred to as pachyderms, play a crucial role in our ecosystems and hold significant cultural importance in many societies. The Origin of “Pachyderm” …

Government Restores Diamond Imprest Licence for Gems and Jewellery Sector

Government Restores Diamond Imprest Licence for Gems and Jewellery Sector

Commerce and Industry Minister Piyush Goyal has announced the restoration of the Diamond Imprest Licence, a move aimed at revitalizing India’s gems and jewellery sector. The decision was made during the India International Jewellery Show (IIJS) 2024, organized by the Gem and Jewellery Export Promotion Council (GJEPC). This policy shift is expected to address issues …