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Daily Archives: January 18, 2025

Odisha-Singapore MoU: Launch of FinTech Hub in Bhubaneswar

Odisha-Singapore MoU: Launch of FinTech Hub in Bhubaneswar

In a significant move to bolster the FinTech sector, the Government of Odisha’s Electronics and IT Department has partnered with Singapore’s Global Finance & Technology Network (GFTN) to establish a Global Competency Centre in Bhubaneswar. This collaboration aims to foster innovation in InsureTech and related areas, aligning with India’s vision of “Insurance for All” by …

India's Digital Leap: NBM 2.0 & Sanchar Saathi App

India’s Digital Leap: NBM 2.0 & Sanchar Saathi App

On January 17, 2025, the Department of Telecommunications (DoT) unveiled two significant initiatives aimed at enhancing India’s digital connectivity and security: the National Broadband Mission (NBM) 2.0 and the Sanchar Saathi mobile application. National Broadband Mission 2.0 (NBM 2.0) Building upon the foundation laid by NBM 1.0, which established nearly 8 lakh towers and increased …

India's FY25 Growth Forecast Cut to 6.5% by IMF

India’s FY25 Growth Forecast Cut to 6.5% by IMF

The International Monetary Fund (IMF) has revised India’s economic growth forecast for FY25, reducing it to 6.5%, down from earlier projections. Despite this downward revision, the IMF retained a stable growth outlook for FY26. The adjustment reflects current challenges, including global economic uncertainties and domestic inflationary pressures, which may impact India’s growth trajectory. This revision …

New Indo-Burmese Pangolin Species Discovered by ZSI Scientists

New Indo-Burmese Pangolin Species Discovered by ZSI Scientists

The Zoological Survey of India (ZSI) has made a groundbreaking discovery by identifying a new species of Indo-Burmese pangolin, Manis indoburmanica. This species is a distinct evolutionary branch that diverged from the Chinese pangolin (Manis pentadactyla) approximately 3.4 million years ago. The research, led by ZSI scientists, used advanced genetic tools to analyze mitochondrial genomes, …

Is Zombie Deer Disease Dangerous for Humans?

Is Zombie Deer Disease Dangerous for Humans?

Chronic Wasting Disease (CWD), also known as “Zombie Deer Disease,” is spreading among wildlife, primarily deer, moose, and elk. While this prion disease is known to affect animals, concerns have arisen regarding its potential transmission to humans. Recent cases of sporadic Creutzfeldt-Jakob disease (CJD) in humans, especially in hunters who consumed meat from infected animals, …

Djokovic Breaks Federer’s Record for Grand Slam Match Count

Djokovic Breaks Federer’s Record for Grand Slam Match Count

Novak Djokovic, one of tennis’ greatest players, added another milestone to his illustrious career on January 17, 2025, by breaking a tie with Roger Federer for the most Grand Slam matches played in tennis history. The Serbian tennis star achieved his 430th Grand Slam match during the second round of the Australian Open, where he …

Top-10 Historical Figures Who Were Assassinated, Check the List

Top-10 Historical Figures Who Were Assassinated, Check the List

Throughout history, many influential leaders and important figures have been tragically assassinated. Their untimely deaths changed the course of history and left a lasting impact on the world. These individuals were often targeted because of their ideas, actions or leadership. In this article, we will explore the stories of 10 historical figures who were assassinated …

RBI Sets 6.66% Interest Rate on GOI Floating Rate Bonds 2035

RBI Allows Overseas Banks to Open INR Accounts

In a significant policy shift, the Reserve Bank of India (RBI) has authorized overseas branches of authorized banks to open Indian Rupee (INR) accounts for non-residents. This initiative aims to bolster the global use of the Indian Rupee in cross-border transactions and investments. Key Developments Facilitating Cross-Border Transactions: Non-residents can now utilize balances in their …