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Monthly Archives: July 2026

Bihar Student Credit Card Scheme (BSCC): Eligibility, Benefits, Loan Amount, Documents & How to Apply

Bihar Student Credit Card Scheme (BSCC): Eligibility, Benefits, Loan Amount, Documents & How to Apply

The Bihar Student Credit Card Scheme (BSCC) is a flagship program under the Department of Education, Government of Bihar, which was started for the students to gain access to higher studies without facing any financial problems. Under the scheme, eligible students will have access to an educational loan of 4 lakh rupees at cheaper interest …

SBI to Become First Indian Bank to Issue Basel III-Compliant AT-1 Perpetual Bonds in 2026

SBI to Become First Indian Bank to Issue Basel III-Compliant AT-1 Perpetual Bonds in 2026

State Bank of India (SBI) is set to become the first Indian bank in 2026 to issue Basel III-compliant Additional Tier-I (AT-1) Perpetual Bonds, marking a significant step towards strengthening its capital base. The country’s largest public sector bank plans to raise ₹5,000 crore through the bond issuance as part of its broader capital-raising strategy …

Axis Finance Launches ‘Drishti’ Digital Platform

Axis Finance Launches ‘Drishti’ Digital Platform

India’s financial technology ecosystem witnessed two significant developments in July 2026, with Axis Finance Limited (AFL) launching its in-house digital credit decision platform, ‘Axis Finance Drishti’, and OmniCard introducing India’s first Flexi Benefits Basket on UPI. These initiatives aim to improve lending efficiency, strengthen risk management, and simplify employee benefit management through digital innovation. Axis …

Which Is the Only National Flag in the World That Is Neither Square Nor Rectangular?

Which Is the Only National Flag in the World That Is Neither Square Nor Rectangular?

National flags are known to be the most reputed symbols representing a nation’s identity, history, culture and values, sovereignty etc. All the countries in the world, except a few, for instance, Sweden and Vatican city, that have square flags, use a rectangular flag. However, Nepal has a flag that does not belong to either the …

RBI to Wind Up Paytm Payments Bank; Girikumar Nair Appointed Official Liquidator

RBI to Wind Up Paytm Payments Bank; Girikumar Nair Appointed Official Liquidator

The Reserve Bank of India (RBI) has announced that the operations of Paytm Payments Bank Limited (PPBL) will be wound up following an order of the Delhi High Court. The RBI has appointed Girikumar Nair, former Chief General Manager of the State Bank of India (SBI), as the Official Liquidator to oversee the winding-up process. …

India's First Commercial Freight Train Reaches Nepal Carrying Canola

India’s First Commercial Freight Train Reaches Nepal Carrying Canola

India achieved a major milestone in regional connectivity and cross-border trade as its first-ever direct commercial container freight train reached Nepal carrying a consignment of canola. The historic journey was completed under the revised India–Nepal Rail Transit Protocol, enabling seamless rail movement of containerized cargo from Kolkata Port to Biratnagar without transshipment at the border. …

Government Allocates Record ₹95,692 Crore for Rural Employment Under VB-G RAM G Act, 2025

Government Allocates Record ₹95,692 Crore for Rural Employment Under VB-G RAM G Act, 2025

The Government of India has allocated a record ₹95,692 crore for rural employment under the Viksit Bharat – Guarantee for Rozgar and Aajeevika Mission (Gramin) [VB-G RAM G Act], 2025 during the Financial Year 2026–27. This marks the highest-ever Budget Estimate allocation made for any rural employment programme in the country’s history. The information was …

India Becomes World's Second-Largest Supplier of Seafarers: BIMCO-ICS Seafarer Workforce Report 2026

India Becomes World’s Second-Largest Supplier of Seafarers: BIMCO-ICS Seafarer Workforce Report 2026

India has achieved a significant milestone in the maritime sector by becoming the world’s second-largest supplier of seafarers, according to the BIMCO-ICS Seafarer Workforce Report 2026. India now contributes 311,936 maritime professionals, accounting for 12.16% of the global seafaring workforce, placing it behind only the Philippines and ahead of China, the Russian Federation, and Indonesia. …

Delhi Government Approves Lakshmi Yojana: Eligible Women to Receive ₹2,500 Monthly Financial Assistance

Delhi Government Approves Lakshmi Yojana: Eligible Women to Receive ₹2,500 Monthly Financial Assistance

The Delhi Government has approved the Delhi Lakshmi Yojana, a flagship welfare scheme aimed at promoting the economic empowerment and social security of women. The decision was taken during a Cabinet meeting chaired by Chief Minister Rekha Gupta at the Delhi Secretariat. Under the scheme, eligible women will receive ₹2,500 per month as financial assistance. …

Bihar Shatabdi Asangathit Karyakshetra Kamagaar Yojana: Eligibility, Benefits, Documents & Application Process

Bihar Shatabdi Asangathit Karyakshetra Kamagaar Yojana: Eligibility, Benefits, Documents & Application Process

The Bihar Shatabdi Unorganized Sector Worker and Artisan Social Security Scheme is a program started by the Labour Resources Department, Government of Bihar. It’s meant for giving help to those individuals who work in the unorganized sector such as laborers and artisans. The Total Permanent Disability part of the scheme gives monetary aid worth ₹75,000 …