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Showing posts from June 8, 2023

News

 Mentoring is a brain to pick, an ear to listen, and a push in the right direction. Very Good Morning 🤝🪴 Today's Headlines from : *Economic Times* 📝 Power ministry asks CERC to start process for market coupling 📝 Goldman Sachs in talks to Invest Rs 1,600 crore in La Renon healthcare 📝 Canada Pension Fund to sell 1.6% stake in Kotak Mahindra Bank: Report 📝 HDFC plans 10-year bond issue to raise Rs 10,000 cr 📝 50% of Rs 2,000 notes in circulation have come back to banks, reveals RBI 📝 India, France, UAE begin joint maritime exercise 📝 US weekly jobless claims jump to 1-1/2-year high 📝 MG Motor bags order for 500 ZS EV units from BluSmart 📝 Vedanta Resources generates USD 4.6 bn EBIDTA; USD 2.8 bn free cash flow in FY23 📝 AI startup Cohere raises $270 million in Nvidia-backed funding round *Business Standard* 📝  Monetary policy: RBI maintains status quo, turns hawkish on inflation 📝  Govt wants petrol & diesel prices slashed; OMCs cite Covid losses 📝 ...

Exam preparation current affairs

 ╭────────────────╮ 🌄 🇮🇳𝐒𝐇𝐔𝐁𝐎𝐔𝐃𝐇A𝐘🙏 𝕴𝖓𝖉𝖎𝖆`𝖘 1𝖘𝖙 𝖂𝖍𝖆𝖙𝖘𝖆𝖕𝖕 𝕹𝖊𝖜𝖘, 𝓼𝓲𝓷𝓬𝓮 2013 ╰────────────────╯  *09 Jun (Friday)*   *Vedic Ritu*/ Grishma  *Drik Ritu* : Grishma (Summer) *पक्ष* :: Shuklapaksh Vikram Samvat - 2080  Shaka Samvat - 1945 *Month* :  Ashada 05,   (Purnimanta)  Jyeshta 21, (Amanta)  *Nakshatra*:Dhanishta (up to 5:09 pm) Shatabhisha  *Tithi* : Shashthi (up to 4:21 pm) Saptami  *Rahu* 10:45 AM – 12:26 PM *Yamaganda* 03:47 PM – 05:27 PM  *CURRENT AFFAIRS* : CM's & Governor's https://youtu.be/qf1YhEaPqBo ×××××××××××××××××××××××  *TODAYS TOP NEWS*  ××××××××××××××××××××××× 1.  Cyclone ‘Biparjoy’ in Arabian Sea rapidly intensifies into very severe cyclonic storm,  meteorologists predicting a "mild" monsoon onset over Kerala.  2. ISRO chairman S Somnath has informed that Chandrayaan 3 mission is planned to be launched by mid-July. The aim of the mi...

News

 🙏Good Morning All.... 👨‍👩‍👧‍👧💐🌻🙏 ☕ 08.06.2023 : Today's Banking / Financial News at a Glance  🍒   Bank of Maharashtra raises Rs 1,000 crore via QIP, LIC picks up biggest chunk : State-run Bank of Maharashtra closed its Qualified Institutional Placement (QIP) issue through which it has raised Rs 1,000 crore. For the QIP, the board approved the allotment of 35.1 crore shares to institutional buyers at its meeting on June 6. The shares were allotted at an issue price of Rs 28.5 per equity share, which is a 4.94 percent discount to the floor price of Rs 29.94 per share that was set at the time of the QIP launch on June 1. The issue price is also at a 6.25 percent discount to the closing price of Bank of Maharashtra shares on Tuesday. - moneycontrol. 🍒   RBI panel recommends penalties for banks if they lose your property documents : The BP Kanungo committee, established by the Reserve Bank of India (RBI), has proposed that banks and lenders who provid...

Monetary policy

 *Top 10 announcements made by RBI Governor Das after MPC meet.* *RATES.* The Monetary Policy Committee unanimously decided to keep the policy repo rate unchanged at 6.50%. Consequently, the standing deposit facility rate remains unchanged at 6.25% and the marginal standing facility rate and the bank rate at 6.75%. *MPC STANCE.* The MPC also decided by a majority of five out of six members to remain focused on withdrawal of accommodation to ensure that inflation progressively aligns with the target, while supporting growth. MPC member Jayanth Varma voted against this part of the resolution.  *GROWTH.* The higher rabi crop production in 2022-23 (Apr-Mar), expected normal monsoon, and the sustained buoyancy in services should support private consumption and overall economic activity in 2023. The government's thrust on capital expenditure, moderation in commodity prices and robust credit growth are expected to nurture investment activity. Weak external demand, geoeconomic fragmen...

Who

 🔔 *WHO Weekly Update* _8 June 2023_ *Tips on taking antibiotics from WHO* 💊 Antibiotics kill or stop the growth of bacteria that make people sick. However, using antibiotics incorrectly is dangerous. *To prevent superbugs and keep antibiotics effective, you should:* 💡 *Only take them when your doctor tells you to* - Don't take them without medical guidance. 💡 *Take the right amount for the right length of time* - If you don’t finish your course, it can make bacteria stronger. Don't stop taking your antibiotics early, even if you feel better. 💡 *Don’t share antibiotics with others* - Some illnesses don't need antibiotics at all. *Watch Science in 5* to learn more: https://bit.ly/42oOq4F