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Daily Archives: March 13, 2025

In Which Year was the Ramon Magsaysay Award Established?

In Which Year was the Ramon Magsaysay Award Established?

March 13, 2025

The Ramon Magsaysay Award is one of Asia’s most prestigious honors, given to individuals and organizations for their outstanding contributions to society. It recognizes excellence in leadership, public service and humanitarian efforts. Named after a respected leader, this award celebrates those who bring positive change to their communities. It continues to inspire people to work …

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Tamil Nadu Govt Replaces Rupee Symbol with Tamil Letter: A Language Debate Intensifies

Tamil Nadu Govt Replaces Rupee Symbol with Tamil Letter: A Language Debate Intensifies

March 13, 2025

The Tamil Nadu government’s decision to replace the Indian Rupee symbol (₹) with the Tamil letter ‘ரூ’ in the state budget logo has reignited the language debate in India. This move, led by Chief Minister M K Stalin, aligns with Tamil Nadu’s stance against the imposition of Hindi and reflects the ongoing resistance to the …

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ACM A.M. Turing Award 2024 Andrew Barto and Richard Sutton Honored for Reinforcement Learning

ACM A.M. Turing Award 2024: Andrew Barto and Richard Sutton Honored for Reinforcement Learning

March 13, 2025

The 2024 ACM A.M. Turing Award has been awarded to Andrew G. Barto and Richard S. Sutton for their pioneering work in reinforcement learning (RL). Their contributions laid the conceptual and algorithmic foundations for RL, significantly influencing artificial intelligence (AI) and other fields. The award, often referred to as the “Nobel Prize in Computing,” carries …

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India’s Index of Industrial Production (IIP) Records 5.0% Growth in January 2025

India’s Index of Industrial Production (IIP) Records 5.0% Growth in January 2025

March 13, 2025

The Ministry of Statistics and Programme Implementation (MoSPI) released the Quick Estimates of Index of Industrial Production (IIP) for January 2025 on March 12, 2025. The data indicates a significant improvement in industrial growth, with the IIP expanding by 5.0% in January 2025, compared to 3.2% in December 2024. The manufacturing sector contributed the most …

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Consumer Price Index February 2025

Consumer Price Index (CPI) Numbers for February 2025

March 13, 2025

The Ministry of Statistics and Programme Implementation (MoSPI) has released the Consumer Price Index (CPI) data for February 2025. The report highlights a decline in overall inflation, marking the lowest year-on-year inflation rate since July 2024. A significant drop in food inflation is also observed, particularly in rural areas. The following are the key highlights …

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Finance Ministry Notifies Zero Coupon Bond (ZCB) for Power Finance Corporation

Finance Ministry Notifies Zero Coupon Bond (ZCB) for Power Finance Corporation

March 13, 2025

The Finance Ministry has notified the issuance of Zero Coupon Bonds (ZCBs) by Power Finance Corporation (PFC). The company has been authorized to raise up to ₹10,000 crore through these bonds, which will be issued at a discount and redeemed at full face value upon maturity. What is a Zero Coupon Bond (ZCB)? A Zero …

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‘No Money for Terror’ (NMFT) Conference

India’s Role in the 4th ‘No Money for Terror’ (NMFT) Conference

March 13, 2025

The 4th ‘No Money for Terror’ (NMFT) Conference, held in Munich, highlighted global efforts to combat terror financing. India, a key participant since 2018, reiterated its commitment to strengthening international cooperation in fighting terrorism. The country emphasized the evolving threats posed by digital financial networks and cross-border transactions, calling for unified action against terror financing. …

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PM-YUVA 3.0 - Prime Minister’s Scheme for Mentoring Young Authors

PM-YUVA 3.0 – Prime Minister’s Scheme for Mentoring Young Authors

March 13, 2025

The Ministry of Education, Department of Higher Education launched PM-YUVA 3.0 (Prime Minister’s Scheme for Mentoring Young Authors) on March 11, 2025. This initiative aims to train young and budding authors (below 30 years of age) to promote reading, writing, and book culture in India while projecting Indian literature on the global stage. The third …

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