March 2023 | Page 26 of 41

US shuts down Silicon Valley banks in biggest collapse since 2008

US shuts down Silicon Valley banks in biggest collapse since 2008 : California-based Silicon Valley Bank (SVB), the 16th largest bank in the United States, was closed on 9 March by the California Department of Financial Protection and Innovation. An overview of the news It is the biggest banking failure since the 2008 financial crisis. It is considered the biggest financial crisis […]

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Army unfurls 100-ft-high national flag in J-K’s Doda

Army unfurls 100-ft-high national flag in J-K’s Doda : The Indian Army installed a 100-foot-high national flag in the mountainous Doda district of Jammu and Kashmir on 9 March. An overview of the news The effort is aimed at paying a befitting tribute to the innumerable soldiers who laid down their lives for the country. This is the second such high-mast flag hoisted by the

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Centre launches MSME Competitive (LEAN) scheme

Centre launches MSME Competitive (LEAN) scheme : Union Minister for MSME Narayan Rane launched the MSME Competitive (LEAN) Scheme on 10 March. About the Scheme It aims to provide a roadmap to global competitiveness for the MSMEs of India. The scheme will not only strive to improve quality, productivity and performance, but also change the mindset of manufacturers and

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A book titled “As Good as My Word” wrote by KM Chandrasekhar

A book titled “As Good as My Word” wrote by KM Chandrasekhar: “As Good as My Word,” written by KM Chandrasekhar, Cabinet Secretary from 2007 to 2011, begins as an autobiography with detailed descriptions of his early years, academic career, and college years, all of which take place within the walls of a modest but

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Uttarakhand’s Rudraprayag, Tehri top landslide index: ISRO report

Uttarakhand’s Rudraprayag, Tehri top landslide index: ISRO report- According to satellite data collected over the last two decades, the two districts in Uttarakhand most at risk of landslides are Rudraprayag and Tehri. Data collected by the Indian Space Research Organisation (ISRO) has highlighted that Rudraprayag and Tehri Garhwal are at the highest risk of facing

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Army installed J&K’s steep Doda district’s tallest iconic national flag

Army installed J&K’s steep Doda district’s tallest iconic national flag: The Army erected the tallest “Iconic National Banner” in Jammu and Kashmir’s rugged Doda area. Maj Gen Ajay Kumar, GOC Delta Force, Commander 9 Sector RR Brig. Samir K. Palande, DC Doda Vishesh Paul Mahajan, and SSP Abdul Qayoom unfurled the highest tricolour in the

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PMLA, 2002 Amended To Include Cryptocurrency Trade

PMLA, 2002 Amended To Include Cryptocurrency Trade: The Finance Ministry has amended the anti-money laundering law to include the trading of cryptocurrencies and other virtual digital assets. This means that exchanges, custodians, and wallet providers, among others in crypto-related trade, will fall under the Prevention of Money Laundering Act. As part of its efforts to

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PM Modi inaugurates world’s longest railway platform in Hubballi, Karnataka

PM Modi inaugurates world’s longest railway platform in Hubballi, Karnataka: Prime Minister Narendra Modi dedicated the world’s longest railway platform, measuring 1.5 kilometres, at the Sri Siddhaarooda railway station in Hubballi, Karnataka. The inauguration of the platform was done during the PM’s Karnataka visit in the presence of Union Minister Pralhad Joshi. It is to

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Indonesia’s Mount Merapi volcano erupts, covering villages in ash

Indonesia’s Mount Merapi volcano erupts, covering villages in ash: Mount Merapi, one of the world’s most active volcanoes, erupted, spewing smoke and ash into the surrounding villages. There were no immediate reports of casualties, the the National Disaster Mitigation Agency said. The images broadcasted shows ash-covered houses and roads at a village near the volcano,

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