In News The Finance Minister in her Budget announcement envisaged setting up 75 digital banking units in 75 districts of the country.  Digital Banking Units History: In India, digital banking started taking shape in the late 1990s with ICICI Bank being the first one to bring the service to their retail clients. Meaning: It is […]

In News  Recently, the Sun unleashed a massive ‘X-Class’ solar flare, causing major fluctuations in the ionosphere above India.  About  X-Class denotes the most intense flares, while the number provides more information about its strength. It has been caused because of the ionospheric impact localised over the Pacific region It can impact satellite communication and […]

In News  Recently, Scientists discovered new eel species named Ariosoma indicum from Kerala and  West Bengal respectively. Their study was published in the Journal of Fish Biology March 30, 2022.     About Ariosoma indicum Scientists confirmed Ariosoma indicum as a new species after two years of through research, taxonomic studies and molecular analysis. The […]

In News  Every year 21st of April is celebrated as National Civil Services Day. Civil Service in our country comprises Indian Administrative Service, Indian Police Service, Indian Foreign Service, and a comprehensive list of All India Services and Central Services Group A and B. National  Civil Service Day About: The day is solely dedicated to […]

In News The National Financial Reporting Authority (NFRA) to get more powers to act against auditors and company executives. About Constitution: The NFRA was constituted as a statutory body in 2018 by the Government of India under Sub Section (1) of section 132 of the Companies Act, 2013. Functions and Duties:  Recommend accounting and auditing […]

In News The Ministry of Corporate Affairs (MCA) has tightened the rules for Nidhi Companies. About Nidhi companies  Meaning: Nidhi Company is a type of Non-Banking Financial Company (NBFC). It is formed to borrow and lend money to its members. It inculcates the habit of saving among its members and works on the principle of […]

The Hindu Subject Pg No Headlines Relevance for Prelims and Mains   GS 2 1   PM announces visas for AYUSH therapy   Arunachal, Assam to form panels to solve border row   (Polity and Governance) Know about the potential of AYUSH and how India could help the world in providing those medicines and practices that […]

Indian Express Subject  Pg No  Headlines Relevance for Prelims and Mains   GS 2 3 Boris Johnson begins visit to India today, deals worth £1 billion on table (International Relations) What is the present status of economic, security and defence,technology partnership between the India -UK? What are new investments and export deals? And their significance  GS […]

In News President has given a nod to Bill that unifies three Delhi MCDs under Delhi Municipal Corporation (Amendment) Bill, 2022. About the Bill Merging 3 MCD’s: With the passage of the three existing civic bodies, the East Delhi Municipal Corporation (EDMC), the North Delhi Municipal Corporation (NDMC), and the South Delhi Municipal Corporation (SDMC), […]

In News Recently, the President has given assent to the Criminal Procedure (Identification) Bill, 2022. Major Provisions of the Bill About: It empowers police to obtain physical and biological samples of convicts and those accused of crimes. The authority to collect such information, defined as ‘measurements’ of prisoners, is given to investigating officers, namely prison […]