Author: Kashish

On 7th June, RBI Governor Shantikanta Das said that India’s foreign exchange reserves hit a record high of $651.5 billion as of 31st May, 2024. “India’s external sector remains resilient and the key external vulnerability indicators continue to improve,” the Central Bank’s Governor said while announcing the latest interest rate decision. He further added, “Overall, […]

Newspapers are the link between people and their government. They’re the ‘voice’ of the general public and the custodians of truth.  Even though the fall of newspapers has long been predicted due to the rise in technology, they still continue to survive globally despite competition from radio, television and the internet. This is because newspapers […]

The Food Business Operators (FBOs) have been asked by the Food Safety and Standards Authority of India (FSSAI) to remove the “100% fruit juice” claims from the advertisements and labels of reconstituted fruit juices which are widely available in the Indian market. The FBOs are asked to withdraw such claims immediately. However, FSSAI has given […]

According to the Insurance Regulatory and Development Authority of India (IRDAI), the insurance companies must accept cashless claims and pay any associated costs within three hours of a hospital requesting discharge. In the event that an insured person passes away, claims must be handled promptly and the mortal remains (body) must be released right away. […]

India’s two target telecom operators Reliance Jio and Bharti Airtel are set to compete for market share in the African continent. India’s largest telecom operator Reliance Jio will start its services in the African continent almost 8 years after Bharti Airtel.  The West African country of Ghana has partnered with a subsidiary of Reliance Jio, […]

To provide various operational and procedural aspects to be adopted by all insurance companies, the Insurance Regulatory and Development Authority of India (IRDAI) has released a master circular. The master circular titled “Master Circular on Corporate Governance for Insurers, 2024” shall apply to all the insurers, with the exception of foreign companies that are involved […]

The Securities and Exchanges Board of India (Sebi) has issued new guidelines to facilitate ease of business, and protect stock prices from volatility due to the market rumors.  The new guidelines have introduced the concept of ‘unaffected price’. SEBI’s concept of “unaffected price” refers to the share price level that would have appeared if there […]

Employees’ Provident Fund Organization (EPFO) is a social security organization which comes under the Ministry of Labour and Employment, Government of India. Many individuals think that the Orphan Pension under EPS 95 is provided till 18 years of age. However, EPFO has clarified through its Official X (formerly twitter) handle that the Orphan Pension under […]

On 13th May, 2024, Melinda French Gates said that she would resign from her position as the co-chair of the Bill and Melinda Gates Foundation. Melinda has been helping in leading the foundation since 2000. However, after her decision to resign, her last day with the foundation will be 7th June, 2024. “This is not […]

The Central Board of Secondary Education (CBSE) has announced the results of Class 10th and 12th board exams. The students can now check their results through the official websites cbse.gov.in or results.cbse.nic.in. The CBSE Board has issued 6-digit access codes for DigiLocker accounts belonging to the students of 10th and 12th. These codes can be obtained […]