The Oligo News

Year: 2023

US bank crisis- Impact on the economy and banking sector
2023

US bank crisis- Impact on the economy and banking sector

By Vasantha M 3/30/2023

Reputed regional banks in the United States with market exposure to crypto currency faced failure. Silicon Valley Bank (SVB) along with Signature Bank collapsed and left the world banking sector terrified as this is one of the biggest crisis since the financial crisis in 2008. Switzerland’s Credit Suisse brokered a…

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EPFO continues to invest in Adani group stocks in spite of lingering risk.
2023

EPFO continues to invest in Adani group stocks in spite of lingering risk.

By Aishwarya 3/28/2023

The Employees’ Provident Fund Organisation(EPFO) is an India’s largest retirement fund which handles the old age savings of over 27 crore citizens and invests nearly 15 percent of its corpus funds into exchange traded funds(EFTs) linked to the National Stock Exchange (NSE NIFTY 50) and the Bombay Stock Exchange (SENSEX). …

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Satyagrah witnessed across the nation against Rahul Gandhi’s disqualification as MP in Lok Sabha.
2023

Satyagrah witnessed across the nation against Rahul Gandhi’s disqualification as MP in Lok Sabha.

By Vasantha M 3/27/2023

The Congress initiated a whole-day Satyagraha on Sunday in expressing objections to Rahul Gandhi’s exclusion as MP of Lok Sabha. As per the records, Satyagraha was noticed near the Mahatma Gandhi’s statues all over the country in different states and district headquarters. Satyagraha started at 10 am and came to an end by 5…

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Women’s World Boxing Championships: India Bangs 2 Gold Medals
2023

Women’s World Boxing Championships: India Bangs 2 Gold Medals

By Vasantha M 3/27/2023

Nitu Ghanghas and Saweety Boora carved their names strongly in the books of History by becoming the champions in the Women’s World Boxing Championship in their respective classifications on 25th,March, 2023. 22 years old Indian boxer Nitu defeated Lutsaikhan Altantsetseg ,a Mongolian player in the 48kg final with a consistent…

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Arrest warrant against Russian President issued by International court of justice for alleged war crimes.
2023

Arrest warrant against Russian President issued by International court of justice for alleged war crimes.

By Aishwarya 3/18/2023

The Hague-based International Criminal Court (ICC) has issued an arrest warrant for Vladimir Putin on Friday, against allegations of war crimes in Ukraine. Suspecting Putin’s involvement in the abduction of children from their homeland Ukraine to Russia. This has pushed Russia a step closer to becoming a pariah state. The…

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Indian rupees will replace US dollar ? 18 countries accept to trade in rupees.
2023

Indian rupees will replace US dollar ? 18 countries accept to trade in rupees.

By Aishwarya 3/17/2023

Last year when the Reserve Bank of India(RBI) disclosed guidelines on cross-border trade transactions in the INR, the procedure of opening a Special Rupee Vostro Account (SRVA) started. SRVA is an account which domestic banks can maintain for foreign banks in the Indian rupees. This enables it to provide international…

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Bollywood lost its best comedian- Mr. India calendar (Satish Kaushik) is no more.
2023

Bollywood lost its best comedian- Mr. India calendar (Satish Kaushik) is no more.

By Aishwarya 3/10/2023

The veteran bollywood actor and filmmaker, Satish Kaushik breathed his last at the age of 66 years on 8th March, 2023. His close friend Anupam Kher tweeted about Kaushik’s death. His demise was condoled by his family, friends and other bollywood celebrities. He suffered a heart attack while traveling in…

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ChatGPT failed one of the world’s toughest examinations, UPSC prelims.
2023

ChatGPT failed one of the world’s toughest examinations, UPSC prelims.

By Aishwarya 3/10/2023

Artificial Intelligence (AI) development can give easy and quick solutions to all our problems. One such AI tool is ChatGPT which is a chatbot developed by Open AI launched in November 2022. This AI chatbot works in the conversational pattern answering the questions raised by the user.  ChatGPT has mainly…

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Artificial intelligence is a real danger ? Elon Musk says, AI will outrun our ability to safely manage it.
2023

Artificial intelligence is a real danger ? Elon Musk says, AI will outrun our ability to safely manage it.

By Aishwarya 3/7/2023

Artificial Intelligence (AI) involves a combination of computer science robust datasets which can troubleshoot our problems. Now the question is whether it is a boon or  bane? Though AI acts as a problem solver there are some disadvantages associated with it. Of course, technology has both pros and cons just…

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Guwahati– Govt. Bulldozer row partial towards rich says poor. Houses bulldozed faraway from Silsako lake, Hotel Ginger & Ideal hill view apartment untouched.
2023

Guwahati– Govt. Bulldozer row partial towards rich says poor. Houses bulldozed faraway from Silsako lake, Hotel Ginger & Ideal hill view apartment untouched.

By Aishwarya 3/1/2023

Silsako Lake (Silsako Beel) is a wetland and lake in Guwahati is situated near Hengrabari and Choy Mile. In 2008 this lake was declared a protected waterbody by the Assam government and hence any construction or settlement in around 1,800 bighas was prohibited. The Assam government’s plan to bulldoze houses…

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