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Algorithm and Model based lending

Reserve bank of India Governor Shakitkanta Das has cautioned banks and NBFC’s against being over reliant on algorithms and model-based credit appraisal and lending, especially at the time when increased collaboration with FinTech is facilitating the introduction products and services.

posted by 23rd Nov 2023

G-20

China announced that premier Li Qiang will attend the virtual G-20 Summit at India’s Invitation and hoped that the meeting will address global challenges through cooperation and make positive contributions to economic recovery.

posted by 22nd Nov 2023

Sickle Cell Anaemia

“I am free of Pain and can move after 35 years”. Says Victoria Gray, the worlds fist Sickle anaemia patient to recover with revolutionary gene-editing therapy that wan its inventors the Nobel prize in 2020 and now holds out hope to millions around the world, including India, for a permanent cure.

posted by 22nd Nov 2023

Withholding Bills

The supreme Court took note of Tamil Nadu governments Argument that constitution does not provide governor discretion to withhold the 10 bills “repassed” by the state legislative Assembly.

posted by 21st Nov 2023

India - Australia

Defence minister Rajnath Singh and Australian Deputy prime minister and Defence minister held bilateral talks during which they underscored enhancing cooperation further in information exchange and maritime domain Awareness. The two sides also in an advanced stage of discussion to include implementing arrangements on hydrography cooperation for air -to air refueling.

posted by 21st Nov 2023