Context The securities market regulator has said it is working on real-time settlement of transactions in India’s stock exchanges. The announcement came after the regulator shortened the settlement cycle to trade-plus-one (T+1) from T+2. What is meant by trade settlement? …
What’s in the news? The International Monetary Fund (IMF) has raised India’s growth forecast, projecting a Gross Domestic Product (GDP) growth of 6.1 per cent in the current fiscal. In the World Economic Outlook that was released in April, the …
What is it? It is an initiative spearheaded by the Ministry of Earth Sciences (MoES) in collaboration with ISRO, DRDO, Department of Atomic Energy (DAE), Council of Scientific and Industrial Research (CSIR), Department of Biotechnology (DBT) and the Indian Navy. …
What’s in the news? The Prime Minister is set to dedicate 1.25 lakh PM Kisan Samriddhi Kendras to the Nation. Government is converting the retail fertilizer shops in the country into PMKSKs in a phased manner. PMKSKs will cater to …