Context The formal normalisation of Israel’s ties with the United Arab Emirates (UAE) and the Kingdom of Bahrain has created a significant inflection point in regional history and geopolitics. This article deals with the impact of such ties of Israel …
What’s in the news? A temple constructed by Emperor Ganapati Deva, a mighty ruler of Kakatiya dynasty, in Dharanikota near present Andhra Pradesh capital Amaravathi has been converted into an abode of local goddess Balusulamma (Goddess Durga). About the temple …
What’s in the news? ‘World Bamboo Day’ was celebrated recently (September 18). 25 experts from 11 countries met digitally to discuss the productive uses of bamboo. Uses of Bamboo Bamboo shoots are emerging as high-value and safe edibles and growing …
What are SDLs? State Development Loans (SDLs) are market borrowings by state governments. The RBI issues these securities on their behalf, through auctions. Purpose of issuing State Development Loans is to meet the budgetary needs of state governments. Each state …
What is a Non-Banking Financial Company (NBFC)? An NBFC is a company registered under the Companies Act, 1956 which provides banking services without meeting the legal definition of a bank. They engage in the business of loans and advances, acquisition …