Mauritius first country to join India's Jan Aushadhi Yojana
Mauritius will be the first country to join India's Jan Aushadhi Yojana. Under this scheme, quality medicines are provided at affordable rates. The development partnership between India and Mauritius is an important pillar of political relations between the two countries. The scheme comes just weeks after India's Unified Payments Interface (UPI) system and RuPay card services were launched in Mauritius.
Haley won't even get more funds than Trump
Nikki Haley, who is fighting to become the presidential candidate of the Republican Party against Donald Trump in America, is getting a lot of financial support from the people of her party, but she is not getting the necessary votes to defeat Trump. Haley has raised 1.20 million dollars in the month of February itself. Before this, in January too, Nikki Haley had raised more than 1 million dollars. Haley also raised more money than Donald Trump in January, but Haley has no concrete plan to defeat Trump. Because of that, Haley would have to lose to Trump despite having enough funds. Indian-origin Nikki Haley is the last hurdle against Trump.
Attractiveness of state government bonds will increase
Under new portfolio rules that came into force in April 2024, banks can hold state government bonds in their investment accounts over central government securities because their yields are higher. Treasury sources said central government securities will continue to form the largest portion of the portfolio, but state government bonds will prove effective in managing the pressure in terms of better returns in the coming months. Under the new rule, banks will have to permanently hold the bonds in the 'held-to-maturity' category. Demand for government bonds may fluctuate. There will be no reduction in aggregate demand from banks, especially public sector lenders.
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