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Human brains contain microplastics at disturbing levels, study shows

Human brains contain microplastics at disturbing levels, study shows

Health And Wellness March 5, 2025 indica

Researchers have issued a concerning warning that a plastic spoon’s worth of microplastics is accumulating inside the human brain. Published in Brain Medicine, the study reveals that the brains of humans contain significant levels of microplastics and nanoplastics (MNPs), with concentrations 3-5 times higher in individuals diagnosed with dementia.

Even more troubling, the study found that the brain’s microplastic levels are 7-30 times higher than those in other organs, such as the liver and kidneys.

RBI likely to implement additional rate cuts in 2025

Biz February 9, 2025 indica

As the Reserve Bank of India (RBI) enters its rate-cutting cycle, further reductions are likely, though the timing remains a subject of debate, according to a note from Bank of Baroda.

The RBI’s Monetary Policy Committee (MPC) unanimously decided to lower the repo rate by 25 basis points, bringing it down from 6.5% to 6.25%. The stance was kept at “neutral,” allowing the MPC flexibility in determining future policy actions.

RBI projects 6.4% GDP growth for FY25, anticipates economic pickup in H2

Biz, News February 6, 2025 indica

On Friday, February 7, the Reserve Bank of India (RBI) projected real GDP growth of 6.4% for FY25, anticipating that economic activity will pick up in the second half of the year, driven by improvements in agriculture and manufacturing.

RBI Governor Sanjay Malhotra, announcing the results of the Monetary Policy Committee (MPC) meeting, also forecasted GDP growth for FY26 at 6.7%. The quarterly breakdown for FY26 is as follows: Q1 at 6.7%, Q2 at 7.0%, Q3 at 6.5%, and Q4 at 6.5%.

Inflation eases, paving way for RBI rate cut in upcoming policy

Biz February 6, 2025 indica

The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) is set to announce its first monetary policy under new Governor Sanjay Malhotra this Friday. Experts anticipate a 25 basis points (bps) cut in the repo rate, aiming to support economic growth while keeping inflation in check.

A report from Bank of Baroda highlights that inflationary pressures have eased, largely due to a drop in the prices of essential vegetables like tomatoes, onions, and potatoes. This improvement in supply has led to reduced volatility in the Consumer Price Index (CPI), giving the RBI some flexibility for a measured rate cut.

RBI enhances cross-border transactions with revised FEMA regulations

Biz, News January 18, 2025 indica

The Reserve Bank of India (RBI) on Thursday, January 16, announced the issuing of revised Federal Emergency Management Agency (FEMA) regulations to permit more liberal use of INR accounts held by NRIs to make payments, in order to promote cross border transactions in the Indian rupee and national currencies of trading partner countries.

According to new regulations, overseas branches of authorised dealer banks will be able to open INR accounts for a person resident outside India for settlement of all permissible current account and capital account transactions with a person resident in India.

RBI’s crucial monetary policy meeting begins, eyes on repo rate amid inflation and global uncertainties

Biz, News October 6, 2024 indica

The Reserve Bank of India (RBI) is set to begin its three-day monetary policy meeting on Monday, October 7. The meeting will run till October 9.

All eyes are on the outcome, as the India’s apex banking body has kept the repo rate unchanged for the last nine consecutive meetings. The repo rate, currently at 6.50%, has remained steady since the RBI adopted a cautious stance to balance inflation control and economic growth.

RBI rolls out new regulatory principles for banks, NBFCs on model risks in credit

Biz August 5, 2024 indica

The Reserve Bank of India (RBI) on Monday, August 5, issued a circular to all banks and NBFCs, introducing new regulatory principles for management of model risks in credit, with a view to ensuring prudence and robustness in the process.

Regulated Entities (REs) use various models as part of the credit management life cycle for borrower selection, credit scoring/rating, pricing, risk management, credit loss provisions, etc.

India to get interoperable Net banking payment system by end-2024, says RBI chief Shaktikanta Das

News, Biz March 4, 2024March 5, 2024 indica

Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday said that the interoperable payment system for internet banking is expected to be launched this year to facilitate quicker settlement of funds for merchants. He said that the RBI has given its approval for implementing such an interoperable system to NPCI BharatBill Pay Ltd (NBBL) and the measure will further boost user confidence in Digital Payments.

Indian American Harbir Bhatia has big plans for Silicon Valley Central Chamber of Commerce in 2024

Biz, News December 25, 2023December 26, 2023 indica

Indian American civic entrepreneur Harbir Bhatia who recently took over as CEO of Silicon Valley Central Chamber of Commerce (SVCCC) has already put plans in place for infusing new vigor into the organization and revitalizing the economy by fostering entrepreneurship. In fact, it is for the first time in SVCCC’s history that both the chairperson (Elnaz Masoom) and the CEO are women.

Indian American CEO of Silicon Valley Central Chamber of Commerce Harbir Bhatia leads ‘Festival of Lights’ celebrations

News November 1, 2023November 1, 2023 indica

Indian American Harbir Bhatia, who took over as CEO at the Silicon Valley Central Chamber of Commerce in June this year wanted to reach out to the community and help promote small businesses says the primary goal of hosting the “Festival of Lights” was first to celebrate a very important festival and holiday for a significant portion of the Silicon Valley. In addition, it was to foster community unity, celebrating diversity and inclusion while showcasing the strength of our local businesses and the overall local economy.

RBI leaves key lending rate unchanged, but flags inflation concerns

News, Biz October 6, 2023October 6, 2023 indica

The monetary policy committee (MPC) of the Reserve Bank of India (RBI) in its October review meeting unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, thus maintaining status quo for the fourth straight occasion. While deliberating the policy statement Friday morning, RBI Governor Shaktikanta Das said the central bank is concerned and it has identified high inflation as a major risk to macro-economic stability and sustainable growth.

RBI activates UPI access for foreigners, NRIs make online payments while in India

News, Biz August 5, 2023August 6, 2023 indica

Foreign nationals and NRIs visiting India can now make payments using Unified Payments Interface (UPI) while in India. The Reserve Bank of India (RBI) has activated UPI access for foreign nationals and NRIs in India to promote cashless payments. The provisions are targeted to assist G-20 travelers and NRIs who have mobile phones linked to Non-Residential External (NRE) and Non-Resident Ordinary (NRO) accounts.