FCI

  • Retail inflation eases to 6.77% in October

    Retail inflation eases to 6.77% in October: Retail inflation in India dropped significantly from 7.41 percent in September 2022 to 6.77 percent in October. For the tenth consecutive month, the number has remained above the RBI's tolerance range of 2...

    Published On November 16th, 2022
  • Wholesale Price Index inflation in October eases to 8.39 per cent

    Wholesale Price Index inflation in October eases to 8.39 percent: In October, Wholesale Price-based Inflation (WPI) fell to its lowest level since March 2021. It fell below the double-digit mark for the first time since March 2021, falling to 8.39%...

    Published On November 15th, 2022
  • Bank of Maharashtra (BoM) tops PSU lenders’ list in Q2 credit growth

    Bank of Maharashtra (BoM) tops PSU lenders' list in Q2 credit growth: In terms of loan growth in percentage terms during the second quarter of 2022-23, Bank of Maharashtra (BoM) has emerged as the top performer among public sector lenders....

    Published On November 14th, 2022
  • India announces additional contribution of ‘$ 5 million’ to ASEAN-India science and technology fund

    India announces additional contribution of ‘$5 million’ to ASEAN-India science and technology fund: In order to strengthen cooperation in the areas of public health, renewable energy, and smart agriculture, India announced an additional USD 5 million contribution to the ASEAN-India...

    Published On November 14th, 2022
  • Children’s Day 2022, Date, History & Significance

    Children's Day 2022: India recognizes Children's Day on November 14 to raise public awareness of the rights, welfare, and education of children. Additionally, Jawaharlal Nehru, India's first prime minister, is honored on this day. Children adored him and called him...

    Published On November 14th, 2022
  • US Treasury removes India from its Currency Monitoring List

    US Treasury removes India from its Currency Monitoring List: India is one of the few countries that have been removed from the United States' Currency Monitoring List, according to data released by the Treasury Department. The US Treasury Department announced...

    Published On November 14th, 2022
  • Moody’s cuts India’s economic growth projections to 7% for 2022 as world recession looms

    Moody's cuts India's economic growth projections to 7% for 2022 as world recession looms: The global slowdown and rising domestic interest rates will depress economic momentum, according to Moody's, which reduced India's GDP growth projections for 2022 from 7.7% to 7%....

    Published On November 12th, 2022
  • National Education Day 2022, Theme, History & Significance

    National Education Day 2022: In honor of Maulana Abul Kalam Azad, India's first education minister, National Education Day is celebrated annually on November 11th. It is observed to commemorate the birthday of Maulana Abul Kalam Azad, India's first Minister of Education...

    Published On November 12th, 2022
  • Union Finance Minister Smt. Nirmala Sitharaman approves India’s First Sovereign Green Bonds Framework

    Union Finance Minister Smt. Nirmala Sitharaman approves India’s First Sovereign Green Bonds Framework: The final framework for India's sovereign green bonds has been approved by Union Minister for Finance and Corporate Affairs Nirmala Sitharaman. With this approval, India will be...

    Published On November 11th, 2022
  • Govt declares census, NPR database as critical information infrastructure

    Govt declares census, NPR database as critical information infrastructure: Certain databases connected to the Census and the National Population Register (NPR) have been designated as critical information infrastructure by the government. The decision was made after using the authority granted...

    Published On November 11th, 2022