The London Interbank Offered Rate (LIBOR) is a benchmark interest rate at which major global banks lend to one another in the international interbank market for short-term loans.

It serves as a globally accepted key benchmark interest rate that indicates borrowing costs between banks. The rate is calculated and published each day by the Intercontinental Exchange (ICE).

It is based on five currencies including the U.S. dollar, the euro, the British pound, the Japanese yen, and the Swiss franc.

Indian Overseas Bank (IOB) on Thursday said Partha Pratim Sengupta has been appointed as its new managing director and chief executive

July 31st is going to be Munshi Premchand’s 140th delivery anniversary this yr, on July 31, i.e. Friday

National Education Policy (NEP) 2020 emphasizes setting up of Gender Inclusion Fund, Special Education Zones for disadvantaged regions and groups

The macro stress tests for credit risk indicate that the GNPA ratio of all SCBs may increase… to 12.5% by March 2021 under the baseline scenario,” the RBI said in its Financial Stability Report, July 2020. “The ratio may escalate to 14.7% under a very severely stressed scenario,” which assumes hypothetically that the GDP would suffer a contraction of 8.9% in 2020-21, the central bank added. In the baseline case, the GDP is assumed to contract 4.4%

National Education Policy 2020 will replace the thirty-four year old National Policy on Education (NPE), 1986.

The Environment Ministers of the five BRICS countries participated in the 6th BRICS Environment Ministers’ Meeting on July 30, 2020. The video conference was held under the Presidency of Russia

The Union Minister of Health and Family Welfare (MoH& FW), Dr. Harsh Vardhan, released an ebook, titled ‘Standard Treatment Guidelines (STG) for the Management of Substance Use Disorders (SUD) and Behavioural Addictions’ virtually. The book was released in the presence of State Minister of (MoH & FW), Ashwini Kumar Choubey. Aim: The book centers the tackling of substance abuses and behavioural addiction of the country. The guidelines in the book were developed by a group that works under the Tobacco control and Drug Dependence and Treatment program

The Asian Development Bank (ADB) and the Green Climate Fund (GCF) have agreed to partner toward a “green recovery” for members confronting the harsh economic impact of the coronavirus disease (COVID-19) pandemic.

Digital India is an umbrella programme that covers multiple Government Ministries and Departments. It weaves together a large number of ideas and thoughts into a single, comprehensive vision so that each of them can be implemented as part of a larger goal.

Each individual element stands on its own, but is also part of the larger picture. Digital India is to be implemented by the entire Government with overall coordination being done by the Department of Electronics and Information Technology (DeitY).

Digital India aims to provide the much-needed thrust to the nine pillars of growth areas, namely Broadband Highways, Universal Access to Mobile Connectivity, Public Internet Access Programme, e-Governance: Reforming Government through Technology, e-Kranti – Electronic Delivery of Services, Information for All, Electronics Manufacturing, IT for Jobs and Early Harvest Programmes. Each of these areas is a complex programme in itself and cuts across multiple Ministries and Departments

The project would be implemented in collaboration with the Food and Agriculture Organisation (FAO) in high-conservation-value landscapes of five States namely, (i) Madhya Pradesh: Chambal Landscape, (ii) Mizoram: Dampa Landscape, (iii) Odisha: Similipal Landscape, (iv) Rajasthan: Desert National Park Landscape and v) Uttarakhand: Corbett-Rajaji Landscape.

The Pandemic Century: One Hundred Years of Panic, Hysteria and Hubris by Mark Honigsbaum, a medical historian at the City University of London (UK), focuses on large-scale outbreaks since 1900. The author uses 9 examples to shine a light on epidemiological blind spots to avoid in future investigations. For example, he suggests that the initial lackluster response to the 1918 influenza pandemic can be attributed in part to false confidence in Richard Pfeiffer’s 1892 discovery of Bacillus influenzae, now known as Haemophilus influenzae. We later learned that H. influenzae occasionally is found in persons with influenza but was not the cause of the pandemic