International Affairs Israel-Gaza Conflict: Israel announced on May 19 that the first humanitarian aid trucks have entered Gaza. The country will allow “minimal aid” into the region while intensifying air and ground operations in Gaza’s second-largest city. Former US President’s Health Crisis: Former President Joe Biden revealed on May 19 that he has been diagnosed…
National Affairs India-Pakistan Tensions A ceasefire agreement between India and Pakistan came into effect on May 10, 2025, following mediation by the United States. Foreign Secretary Vikram Misri confirmed multiple ceasefire violations by Pakistan, declaring that the Indian Army would respond “adequately and appropriately.” Pakistani drones were spotted across Jammu and Kashmir, Gujarat’s Kutch region,…
NATIONAL NEWS Pahalgam Terror Attack: Prime Minister Narendra Modi cut short his Saudi Arabia visit to hold a high-level meeting after terror attack in Pahalgam that killed 26 people. Army later killed 2 militants in Uri, foiling another infiltration attempt. State Mourning for Pope Francis: Government of India has declared a three-day state mourning following…
The nationalisation of banks in India has been a pivotal event in the country’s economic history, reshaping the financial landscape to promote financial inclusion and economic growth. This article provides a comprehensive overview of the nationalisation process, recent merger activities, and future plans for the banking sector. History of Bank Nationalisation in India Phases of…
The history of banking in India is a fascinating journey that reflects the country’s economic evolution. From ancient practices like usury to the modern digital banking era, the Indian banking system has undergone significant transformations. This article provides an in-depth overview of the key milestones in the history of banking in India, organized for easy…
The Government of India has announced significant revisions to the Micro, Small, and Medium Enterprises (MSME) classification criteria, set to take effect from April 1, 2025. These changes represent a substantial shift in how businesses are categorized under the MSME framework, with both investment and turnover limits being increased to accommodate growing enterprises. Understanding the…
