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Repo Rate and Reverse Repo Rate, Impact on Economy

Repo Rate Latest Updates The Reserve Bank of India (RBI) updated its GDP growth projection for the fiscal year 2024-2025 to 7.2%, up from the previous estimate of 7%. The GDP growth rates for the quarters in 2024 are projected...

RBI Monetary Policy Committee: Repo Rate Unchanged at 6.5%

In its latest monetary policy meeting held on December 6, 2024, the Reserve Bank of India (RBI) has decided to keep the policy repo rate unchanged at 6.5%. This decision follows an in-depth analysis of the current macroeconomic situation, with...

List of Wildlife Sanctuaries of India 2024, Check Area and Importance

India, home to a rich tapestry of biodiversity, houses an extensive network of wildlife sanctuaries spread across its diverse landscapes. These sanctuaries play a critical role in conserving flora and fauna, maintaining ecological balance, and fostering eco-tourism. This article provides...

Silent Valley Movement, History, Significance and Result

Silent Valley Movement Silent Valley Movement was a significant environmental campaign in India during the late 1970s and early 1980s. It was aimed at protecting the Silent Valley, an ecologically rich and pristine tropical rainforest in the Palakkad district of...

List of Tiger Reserves in India 2024, Map, Names, Schemes

India is home to over 70% of the world's tiger population, making it a crucial player in global tiger conservation. As of 2024, India has 56 tiger reserves, each contributing to the protection of these magnificent apex predators and their...

Narmada Bachao Andolan(NBA), History, Causes, Leader, Challenges

In India, the Narmada Bachao Andolan is a social movement that was started in 1985 by local tribal people, farmers, conservationists, and human rights advocates to protest several major dam construction projects on the Narmada River, which runs through the...

Manas National Park World Heritage Site by UNESCO, History

According to a report published in the Journal of Biological Conservation tiger population in western Assam’s Manas National Park has tripled in the last decade. About Manas National Park It is located in the Himalayan foothills in Assam. It is...

Bandhavgarh National Park, Vegetation, Flora, Fauna

Madhya Pradesh Chief Minister Mohan Yadav suspended two senior forest officials in connection with the death of 10 elephants in the Bandhavgarh Tiger Reserve (BTR). About Bandhavgarh National Park Established: Bandhavgarh National Park was declared a national park in 1968....

Fugitive Economic Offenders Act 2018, Objective, Significance

Industrial growth is important for a country's development, requiring significant investments from banks and financial institutions. Recently, there has been a troubling trend where wealthy entrepreneurs involved in scams flee abroad to escape legal action. This results in rising non-performing...

Bank Rate, Definition, Types, Examples, How it Works?

The banking sector plays a pivotal role in any economy, and one of the most critical aspects of this sector is monetary policy, which central banks use to regulate the supply of money. Among the various monetary tools available, the...