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Reserve Bank Of India

RBI Keeps Repo Rate Unchanged, focuses on Price Stability

RBI Governor Shaktikanta Das said the Monetary Policy Committee has decided by a 4:2 majority to keep the repo rate unchanged as inflation has risen above 5 per cent and is still above the targeted level of 4 per cent. Aug 8, 2024
Indian Embassy Rescues 14 Youths from Laos Cyber-Scam Centres

Indian Embassy Rescues 14 Youths from Laos Cyber-Scam Centres

The Indian Embassy in Laos rescued 14 Indian youths from cyber-scam centres in the Golden Triangle SEZ. The victims were lured to Laos with fraudulent job offers and then held captive. The Embassy has issued warnings and advisories to Indian workers considering employment in Laos. Similar incidents have been reported in other Southeast Asian countries, highlighting the need for international efforts to combat this issue. Aug 7, 2024
India, US working to 'shape the future', write Blinken, Austin

US and India Unite to Counter China's Influence in Semiconductors and Bolster Supply Chain Resilience

The US-India strategic partnership is crucial in shaping the future of sectors like AI, semiconductors, and clean energy. The partnership has evolved with a focus on joint investments in future-shaping sectors and initiatives like the Quad and iCET. The collaboration serves as a counterbalance to China's influence in the semiconductor market and bolsters supply chain resilience. The alliance underscores the commitment of both nations to maintaining regional stability and security, indicating the evolving nature of 21st-century international relations. Aug 7, 2024
Engineers develop earbuds to combat drowsiness while driving

Innovative Earbuds Detect Drowsiness to Enhance Road Safety

Engineers at the University of California, Berkeley, have designed a prototype of earbuds that can detect signs of drowsiness in the brain. This innovative technology aims to protect drivers and machine operators from the dangers of drowsiness, a critical hazard contributing to road accidents worldwide. Aug 7, 2024
India's Manu Bhaker poses with her two bronze medals won at the Paris 2024 Olympics

Paris 2024: India's Unprecedented Olympic Performance

India's Paris 2024 Olympics campaign saw historic achievements with 112 athletes competing in 16 sports. Shooter Manu Bhaker made history as the first Indian woman to win an Olympic shooting medal and, with Sarabjot Singh, the first Indian shooting pair to win an Olympic medal. Manika Batra became the first Indian table tennis player to reach the pre-quarterfinals, and Swapnil Kusale's bronze took India's shooting medal tally to three, a first in any sport. The Indian men's hockey team achieved their first victory against Australia at the Olympics since Munich 1972, marking a historic event for India. Aug 7, 2024
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