GS-III

Researchers have created a new artificial intelligence tool that can read text captcha schemes used to defend the majority of the world’s most popular websites from cyber attacks. It can solve a captcha within 0.05 of a second by using a desktop PC, researchers said. This means that this first …

In a medical first, a mother who received a uterus transplant from a dead donor gave birth to a healthy baby, researchers reported on Wednesday. The breakthrough operation, performed in September 2016 in Sao Paulo, Brazil, shows that such transplants are feasible and could help thousands of women unable to …

Fertiliser subsidy arrears to the industry have come down by 75% to Rs. 10,000 crore in the last four years and the outstanding amount is expected to be cleared by the end of this fiscal year, Union Chemicals and Fertilisers Minister Sadananda Gowda said Wednesday. The Central government will also …

Reserve Bank of India Deputy Governor Viral Acharya assured that the central bank was ready to stand as the lender of last resort in the context of liquidity needs of the non-banking finance sector. At the same time, Mr. Acharya said the present situation did not warrant any drastic steps …

In the post-policy interaction with the media, RBI Governor Urjit Patel declined to answer questions on the issues of RBI autonomy and rift with the government. You have given some hope on interest reversal, that is, in case the upside risks [to inflation] do not materialise. So when will the …

Move will permit flexible hedging of rupee interest rate risk The Reserve Bank of India (RBI) Wednesday issued draft guidelines on non-residents’ participation in the interest rate derivative (IRD) market. The draft norms have proposed non-resident Indians’ (NRIs) access to the IRD market, allowing them to hedge their rupee interest …

Linking retail loans with external yardstick aimed at bringing in more transparency in pricing In a bid to bring in more transparency to loan pricing mechanism, particularly for small borrowers, the Reserve Bank of India (RBI) has asked banks to link the floating interest rate on retail loans and loans …

The Reserve Bank of India (RBI) has left the key interest rate or the repo rate unchanged at 6.5% during the fifth bimonthly monetary policy review on Wednesday — which was on expected lines — while maintaining the ‘calibrated tightening’ stance though it reduced the inflation projection sharply. All the …

The Bombay High Court on Wednesday reserved its order on a plea seeking deletion of a chapter from school textbooks that refers to the leader of Khalistani movement, Jarnail Singh Bhindranwale, as a ‘terrorist.’ Advocate Amritpal Singh Khalsa filed the petition in 2017 stating that there was no material, no …

Prime Minister Narendra Modi had suggested that efforts must first be made to clean the Ganga and then the question of ensuring environmental flows could be addressed, Nitin Gadkari, Union Water Resources Minister, said at the India Water Impact Summit here on Wednesday. This is a significant statement, as prioritising …