What are Virtual Assets? A virtual asset is a digital representation of an item that has value in a specific environment. This medium of exchange or property can be digitally traded, transferred or used for payment or investment purposes. Virtual …
What’s in the news? The Indian Air Force will be conducting Exercise Vayu Shakti-24 on 17 February 2024 at the Pokhran Air to Ground Range, near Jaisalmer. Ex Vayu Shakti will be a riveting demonstration of the offensive and defensive …
What’s in the news? The Union Cabinet chaired by the Prime Minister has given its approval for the signing and ratification of the Bilateral Investment Treaty between the Government of the Republic of India and the Government of the United …
What’s in the news? The International Monetary Fund has upgraded its outlook for the world economy this year, envisioning resilient growth led by the United States and a slower pace of inflation. In its latest World Economic Outlook, the 190-country …
All stars form in nebulae, which are huge clouds of gas and dust. Though they shine for many thousands, and even millions of years, stars do not last forever. The changes that occur in a star over time and the …
What’s in the news? Market regulator Securities and Exchange Board of India (SEBI) has announced that institutional investors will have to disclose all short-sell transactions upfront at the time of placing an order. An Institutional Investor is a legal organization …
News: The Reserve Bank of India (RBI) has changed the definition of Politically-Exposed Persons (PEPs) under its Know Your Customer (KYC) norms, a move that will make it easier for those individuals to carry out various banking transactions, including availing …
What is Quantum Technology? Quantum technology is a field of physics and engineering that studies and applies the principles of quantum mechanics to the development of new technologies. Quantum mechanics is the branch of physics that describes the behavior of …
What is a Snow Drought? Snow drought occurs when there is a period of abnormally low snowpack for the time of year in question. Snow drought is described as either dry or warm, depending on whether the drought is a …
About Payments Banks Payments banks are the new age banks with limited facilities. These banks mostly operate through the small vendors and shopkeepers. It exists in between the mobile wallet and regular banks. Payments banks are permitted to set up …