Explained: Why RBL Bank shares tumbled 20% today

It was a bad start to the week for RBL Bank. The shares of the private lender fell sharply to hit a 52-week low after hitting a lower circuit of 20 per cent on the stock exchanges. As of 11 am, RBL Bank shares were trading at Rs 139, down 19.42 per cent, on the Bombay Stock Exchange. On the National Stock Exchange…

Explained: What is Orbital Reef, the new Space Station proposed by Bezos’ Blue Origin

Fighting a highly competitive battle with SpaceX, Jeff Bezos led Blue Origin has plans to outpace Elon Musk with the development of a Space Station in low Earth orbit. Dubbed Orbital Reef, the company aims to use the outpost in microgravity to develop “an ecosystem and business model for the future.” The…

How CBSE would give marks to Class 12 students? CBSE Marking Scheme explained

Central Board of Secondary Education, CBSE has submitted its evaluation criteria for Class 12 result 2021 with the Supreme Court. The board has proposed to use Class 10, 11 and 12 marks to compute the final marks for the students. Also, the marks scored by students would be moderated on the basis of the school’s…