India's No.1 PU & Degree With Integrated IAS & IPS(UPSC/PSC) Training College.
Why in the news? CBIC initiates electronic disbursal of duty drawback funds. Duty drawback amounts are now directly credited to exporters’ bank accounts via the PFMS platform, as announced by the Central Board of Indirect Taxes and Customs. About Central Board of Indirect Taxes & Customs (CBIC): Previously known as the Central Board of Excise …
Read MoreWhy in the news? The Reserve Bank of India (RBI) has increased penalties by 88% in the past three years, focusing on Know Your Customer (KYC) and Anti-Money Laundering (AML) violations. Urban and rural co-operative banks are the most frequent violators, paying substantial fines for non-compliance. source:investopedia About Reserve Bank of India: Role: RBI is …
Read MoreWhy in the news? Two Indian universities, IIT-Bombay and IIT-Delhi, rank among the global top 150. India achieves fastest growth in university representation among G20 nations, with 46 ranked universities, up from 11 in the last decade. About QS World University Rankings 2025: Massachusetts Institute of Technology (MIT) maintains top position for the 13th consecutive …
Read MoreWhy in the news? Boeing launched its Starliner capsule with astronauts Butch Wilmore and Sunita Williams to the International Space Station, marking its first crewed flight and joining SpaceX in providing NASA’s taxi service. The launch faced multiple delays due to spacecraft flaws, including software issues, parachute problems, and a helium leak, but proceeded successfully …
Read MoreSYLLABUS: GS 3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment. Focus: Proxy advisors attract attention when their recommendations lead to rejection of resolutions like in the case of Nestle’s royalty payout Source: Reddit Proxy advisory firms position themselves as independent entities that offer guidance to individual shareholders, minority …
Read MoreSyllabus: GS 2: India and its Neighborhood- Relations. Effect of Policies and Politics of Developed and Developing Countries on India’s interests. Why in the News? Modi received congratulations from over 50 global leaders, including U.S. and Russia , for his Lok Sabha election victory. Modi invited Sri Lankan President Ranil Wickremesinghe to his swearing-in, and …
Read MoreSyllabus: GS-3- Sustainable economic growth , policies and implementation ,Challenges and prospective solutions Focus : The article emphasizes the need for the new government to focus on stimulating consumer demand to sustain India’s economic growth. While public investment and premium consumption have driven recent growth, broad-based demand, particularly in the private sector, remains weak. The …
Read MoreOn Saturday, June 3rd, Universal Group of Institution’s Koluru Campus hosted a grand felicitation ceremony to honor the outstanding achievements of Abhimanyu Malik, who secured All India Rank 60 in the UPSC 2023 examination. The event was graced by Dr. Prashanth PKM, Managing Director of Karnataka Soaps and Detergents Ltd and a distinguished member of …
Read MoreOn Saturday, May 4th, Universal Group of Institutions at Koluru Campus had the distinct honor of felicitating two distinguished UPSC 2023 rank holders, Shashwath Agarwal (AIR 121) and Ankur Kumar (AIR 384). The ceremony was graced by the presence of Shri Prabhuling Kavalikatti, Director of the Directorate of Municipal Administration, Bengaluru, Karnataka, who led the …
Read MoreWhy in the news? Israel grieves four hostages confirmed dead in Gaza amid international calls for a truce mediated by President Joe Biden. Biden’s proposed three-phase plan involves a six-week cessation of hostilities, hostage-prisoner swaps, and Gaza’s reconstruction initiation. Israeli Prime Minister Benjamin Netanyahu emphasizes temporary ceasefire for hostages’ release, stressing Hamas’s destruction as a …
Read More
