Author: Shubham Somkuwar

The role of banking sector in Indian economy is immense as the commercial banks assist the Government of India to accomplish each goal of the planned economic development of the country. The commercial banks provide the required financial support and infrastructure for both internal and external trade with the country’s retail business now having a portfolio worth roughly Rs 27,400 crore (excluding deposits). Axis Bank, the country’s third-largest private bank, bought Citibank’s consumer banking unit for $1.6 billion (Rs 12,325 crore), in an all-cash agreement. Axis anticipates receiving regulatory approval for the purchase in nine months, after which it would…

The United States, the United Kingdom, and the European Union put sanctions on Russia after the Putin-led coup invaded Ukraine, and the Ruble is now a low-value currency versus the dollar and the euro. After being prevented from accessing the international financial messaging system, Russia requires a new cross-border payment strategy.  According to persons familiar with the situation, India’s government is contemplating a proposal from Russia to utilize a system designed by the Russian central bank for bilateral payments as it wants to buy oil and weaponry from the sanctions-hit country.  The concept entails rupee-rouble payments via Russia’s System for…

Qatar World Cup 22: Which nations pledged to amuse soccer fans? The countdown to the Qatar World Cup 2022 has begun. The showcase tournament’s draw will take place on April 1. The event will last around a month, with the final taking place on Sunday, December 18 at Lusail Stadium. The 32 teams competing will all be hoping to make it through the six rounds leading up to the final match and overtake 2018 champions France as world champions. Starting November 21 late this year, 32 teams, including the hosts, will compete in Qatar. By Friday’s draw, we’ll know 29…

Among some, the link between exercise and good mental health can be a source of despair. Exercise, like a snake eating its tail, can help you get out of a gloom, but it’s the mental health low that prevents you from generating the energy to exercise in the first place. However, new research reveals that playing, singing, or listening to music may provide similar mental health advantages to exercising or losing weight. About the research project The study which revolves around the question: Are music-making and listening interventions associated with positive changes in health-related quality of life? Published in the…

Amid concerns about a possible fourth wave of Covid-19 hitting India, China has decided to put its largest city of Shanghai, which has a population of over 26 million, under lockdown due to record coronavirus cases. With a record 3,450, asymptomatic Covid-19 infections were reported in Shanghai on Sunday, accounting for nearly 70% of the nationwide total, along with 50 symptomatic cases as per the city government, this Chinese city is a new global Covid hotspot, with Covid infections rising 66 per cent in the past 48 hours. China financial hub launched a planned two-stage lockdown of the city of…

The Academy Awards has always had a strange relationship with comic book movies. The likes of Heath Ledger and Joaquin Phoenix have taken home Oscars for their portrayals of the Joker in The Dark Knight and Joker, respectively, but many fans have felt superhero projects are not given fair consideration at these big awards shows. Things for these larger-than-life projects have taken a turn for the better in recent years. Black Panther and Logan broke the rock in the categories Best Picture and Best Adapted Screenplay in consecutive years, and the aforementioned Joker scored the highest of 11 total nominations…

The Saudi Arabian Grand Prix comes after a dramatic season-opener in Bahrain, where Charles Leclerc led a Ferrari 1-2 from team-mate Carlos Sainz Jr as Red Bull suffered a double retirement when both Max Verstappen and Sergio Perez suffered a vacuum issue within its fuel system.  It was a strange F1 race weekend, with the 48 hours before the race dominated by a missile attack on an oil depot just 10km from the circuit.  F1’s drivers met for over four hours to discuss the safety of the event. At one stage they were unified in wanting to boycott the event…

Colombian authorities have released a preliminary report following the death of Foo Fighters drummer Taylor Hawkins in a Bogotá hotel room. They were on tour in South America. They played a festival in San Isidro, Argentina, on Sunday and had been scheduled to play at another in Bogotá, Colombia, on Friday night. Police vehicles, an ambulance and fans were gathered outside the hotel in northern Bogota where Hawkins was believed to have been staying. There were no immediate details about how Hawkins died, though the band said in a statement on Saturday that his death was a “tragic and untimely…

Psychedelics have been extensively demonized as dangerous illegal narcotics for numerous decades. However, a recent flurry of scholarly study on their use to treat psychiatric disorders has sparked a change in public view. Psychotropic drugs, or psychedelics, are substances that alter your mental state. Antidepressants and anti-anxiety drugs are examples of psychotropics. Psychedelics and other types of hallucinogens, on the other hand, are unique in their ability to generate vivid hallucinations, emotions, and self-awareness for a short period of time. A team of researchers from McGill University’s Neuro (Montreal Neurological Institute-Hospital) and Department of Biomedical Engineering, the Broad Institute at…

After Alzheimer’s disease, Parkinson’s disease is the most common neurological ailment worldwide. Because the fundamental cause is unknown, a viable cure — or even therapies — remains elusive. Researchers have recently experimented with a variety of therapies, including hydrogels, personalized brain cell grafts, and just having a better view of the brain. There are still difficulties to overcome. The majority of Parkinson’s cases are caused by a combination of genetic and environmental risk factors, with the exception of a few unusual cases involving a single gene. However, mitochondrial failure in dopaminergic neurons is a common early symptom of the disease.…