Days after the urban development department requested an impact report from the Pune Municipal Corporation (PMC) regarding the inclusion of 23 areas, originally towns surrounding Pune, in the Pune city limits, the state government finally gave its go-ahead to the merger. Once these areas, which are newly emerged hot spots …
Read More »LVB-DBS agreement receives approval from rating agencies
Global credit rating agencies have applauded the Reserve Bank of India’s (RBI) decision to merge the capital-hungry Lakshmi Vilas Bank (LVB) with DBS Bank India Ltd (DBIL), the Indian arm of the DBS Bank of Singapore, saying the deal will benefit both lenders. . As part of the merger, DBIL …
Read More »RBI incorporates DBS unit in India to save Lakshmi Vilas Bank
As part of the merger process, the Reserve Bank of India (RBI) said that the Union government, at the request of the regulator, has limited withdrawals of deposits in ₹25,000 in LVB for a month. The Reserve Bank’s surprise intervention to force the capital-hungry private lender to merge with a …
Read More »Scientists believe we will finally solve nuclear fusion thanks to cutting-edge AI
[ad_1] Scientists believe the world will see its first thermonuclear fusion reactor in operation by 2025. That is a difficult task in short, especially when you consider that fusion has been “almost here” for almost a century. Not to be confused with ordinary fission reactors, fusion reactors are Grails’ holiest …
Read More »Rare fusion of two black holes observed by scientists
[ad_1] Astronauts always long to witness rare phenomena that may offer new premises for future research. Speaking of rare phenomena and research, there is probably nothing more interesting to astronomers than black holes. Whether it was mentioned by Albert Einstein, explained by Stephen Hawking, or his first observation in 2019, …
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