In News Recently, the Indian-origin and country’s former Chancellor Rishi Sunak has been elected as the next Prime Minister in the UK. He is also the UK’s first prime minister of Indian origin. About the current crisis in UK Britain is facing a triple whammy of: Slowing growth High inflation triggered by spiralling energy prices […]
In News Recently the world celebrated the annual commemorative day celebrating the 77 years since the creation of the United Nations. More about the news During the event External Affairs Minister said that India will always stand with the Global South and seek to strengthen the U.N.’s effectiveness. He also stated that India’s ongoing tenure […]
In News The Reserve Bank of India (RBI) has recently placed Dhanlaxmi Bank under tight monitoring due to falling Capital Adequacy Ratio. About the current issue It is a Thrissur-based private bank. The RBI’s move comes in the wake of the intense court battle waged by a group of minority shareholders against the bank’s management […]
In News Recently, the Ministry of Home Affairs has cancelled the Foreign Contribution (Regulation) Act (FCRA) licence of Rajiv Gandhi Foundation (RGF) and Rajiv Gandhi Charitable Trust (RGCT). These organisations are associated with the Nehru-Gandhi family, for alleged violations of the provisions of the Act. Foreign Contribution (Regulation) Act (FCRA) Aim: To regulate the acceptance […]
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