Reserve Bank of India Unveils New Website and Mobile App

Brief by Shorts91 Newsdesk / 06:38pm on 05 Apr 2024,Friday India

Governor Shaktikanta Das launched the Reserve Bank of India's (RBI) new website and mobile application, offering enhanced accessibility and functionality. The website, accessible via https://website.rbi.org.in, and the mobile app, available on the Play Store for Android and the App Store for iOS, aim to streamline user experience. While the existing website (https://rbi.org.in) will remain operational for a transition period, the new platforms signify RBI's commitment to digital innovation and improved public engagement. With user-friendly features and intuitive design, the RBI continues its efforts to modernize services for stakeholders and the public.

Read More at NDTV

School in Rajasthan Stops Gang-Rape Survivor from Taking Exams

Brief by Shorts91 Newsdesk / 04:49pm on 05 Apr 2024,Friday India

A school in Rajasthan, faces backlash for allegedly preventing a teen gang-rape survivor from taking her exams, claiming she'd "spoil the atmosphere." The survivor, who studied at home due to trauma, was denied her admit card in March. The Child Welfare Commission intervened, ensuring she could sit for missed exams. This incident highlights India's challenges in supporting sexual assault survivors. In another case, a magistrate in Rajasthan is accused of humiliating a survivor. Despite legal reforms, activists argue the government isn't doing enough to protect women. Similar incidents have occurred, indicating systemic issues persist.

Read More at The Independent

RBI Maintains Repo Rate at 6.5% for Seventh Consecutive Time

Brief by Shorts91 Newsdesk / 06:13am on 05 Apr 2024,Friday India

The Reserve Bank of India (RBI) has opted to keep the key repo rate unchanged at 6.5% amid its focus on curbing inflation. The decision, marking the seventh consecutive hold on key policy rates, was endorsed by the Monetary Policy Committee (MPC). RBI Governor Shaktikanta Das cited a 5 to 1 majority vote in favor of maintaining lending rates stable. The move aligns with economists' expectations, emphasizing the central bank's commitment to achieving the 4% inflation target while sustaining economic growth. Analysts anticipate a cautious approach, considering uncertainties in global markets and food inflation concerns.

Read More at India Today

Indian Army Thwarts Infiltration Bid in Kashmir's Uri, 1 Terrorist Neutralized

Brief by Shorts91 Newsdesk / 04:28am on 05 Apr 2024,Friday India

The Indian Army successfully intercepted and neutralized a terrorist attempting to infiltrate along the Line of Control (LoC) in Uri, Jammu and Kashmir. A fierce exchange of fire ensued between the terrorists and Army personnel, resulting in the elimination of one militant. Search and cordon operations are ongoing in the area as additional forces have been deployed to ensure security. The Army's swift response underscores its continued vigilance against cross-border threats in the volatile region.

Read More at India Today

Bengaluru Sizzles as Heat Wave Grips City, Records Hottest Day Since 2016

Brief by Shorts91 Newsdesk / 05:12am on 04 Apr 2024,Thursday India

Bengaluru is facing an intense heat wave with temperatures soaring to 37.2 degrees Celsius, the highest since 2016. Residents describe the conditions as "unbearable," with widespread water supply challenges exacerbating the situation. Meteorologists predict further temperature increases, issuing heat wave alerts for North Karnataka regions. Coastal areas like Mangalore and Udupi also brace for hot and humid weather. Relief is expected by April 8 or 9 with light rainfall, but temperatures are forecasted to remain high throughout April. The El Nino effect exacerbates the situation, impacting Karnataka's weather patterns with a potential shift towards a more balanced monsoon.      

Read More at India Today

Chemical Factory Explosion in Telangana Kills 4, Injures 16

Brief by Shorts91 Newsdesk / 05:35pm on 03 Apr 2024,Wednesday India

Four people died and 16 others were injured in a massive blast at a chemical company in Telangana's Sangareddy district. The explosion, which occurred around 5 pm, involved a chemical reactor while approximately 20 workers were on duty at SB Organics Chemical Company. Eyewitnesses reported the blast during chemical mixing. Telangana Chief Minister Revanth Reddy has ordered swift rescue operations and medical assistance for the injured. Authorities are yet to confirm details of the deceased and any missing persons. Visuals from the scene show charred bodies and a severely damaged factory building.

Read More at India Today

Study Reveals India's Richest 1% Own 40% of Wealth, Widening Inequality Gap

Brief by Shorts91 Newsdesk / 04:16pm on 03 Apr 2024,Wednesday India

A study reveals India's richest 1% now hold 40% of the nation's wealth under Prime Minister Narendra Modi's tenure, marking a stark rise in inequality. Led by economists including Thomas Piketty, the study warns of social unrest due to worsening inequality. The billionaire class's growth, fueled by Modi's policies, exacerbates the wealth gap. The middle class faces significant wealth loss, with the top 10% pulling ahead. Data quality remains a challenge, urging for transparency to inform policy interventions like a "super tax" on billionaires.

Read More at The Times of India

IAF Makes History: Father-Daughter Duo Script Legacy, Fly Together in Formation

Brief by Shorts91 Newsdesk / 03:09pm on 03 Apr 2024,Wednesday India

Flying Officer Ananya Sharma and Air Commodore Sanjay Sharma create history as the first father-daughter duo to fly in formation for the Indian Air Force (IAF). Ananya's aspiration to follow in her father's footsteps led her to become one of the IAF's first women fighter pilots. Their touching flight together in May 2022 marks a significant milestone in the IAF's legacy. Despite past restrictions on women in combat roles, Ananya's determination and her father's unwavering support paved the way for this historic moment. Their shared passion for aviation and family bond inspire generations to come.

Read More at Times Now

SBI Denies Disclosure of Electoral Bonds SOP, Cites 'Commercial Confidence'

Brief by Shorts91 Newsdesk / 02:42pm on 02 Apr 2024,Tuesday India

In response to an RTI query, the State Bank of India (SBI) declined to reveal its standard operating procedure (SOP) for the sale and redemption of electoral bonds, citing exemption under "commercial confidence". Anjali Bhardwaj, a transparency activist, criticized the move, stating it undermines transparency, especially after the Supreme Court's ruling to disclose electoral bond details. The court had scrapped the scheme, ordering disclosure of donors and recipients. SBI's refusal comes despite the court's directive to furnish all bond details to the Election Commission, including purchaser names and purchase dates.  

Read More at The Hindu

Supreme Court Warns Ramdev and Balakrishna of Consequences in Misleading Ads Case

Brief by Shorts91 Newsdesk / 01:33pm on 02 Apr 2024,Tuesday India

Yoga guru Ramdev and Patanjali Ayurved MD Balakrishna tendered an "unconditional apology" before the Supreme Court for non-compliance in a misleading advertisement case. The court, displeased with their actions, warned of potential repercussions and disapproved of Patanjali MD's statement on drug laws. Despite last month's apology refusal, the court granted another week for filing affidavits, insisting both must be present at the next hearing. The court emphasized respect for its orders, condemning defiance. Solicitor General Tushar Mehta offered assistance in resolving the matter, signaling escalating tensions in the legal battle.

Read More at news18

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