Short News

• SEBI is planning to implement a T+0 settlement cycle/ one-hour settlement of trades.
• Under the T+0 settlement cycle, if investors sell shares, they will get the money in their account instantaneously, and the buyers will get the shares in their demat accounts the same day.
• T+1 settlement cycle: Trade-related settlements happen within a day, or within 24 hours of the actual transaction.

• Union Minister for Education and Skill Development & Entrepreneurship launched the Malaviya Mission – Teachers Training Programme.

About Malaviya Mission:

• It is organised by the University Grants Commission in association with the Ministry of Education.
• It is a two-week online programme with focus on capacity building of faculty members at higher educational institutions.

• There is speculation of an official change in the name of the country from India to Bharat.
  • Article 1 of Indian Constitution: It uses the two names interchangeably: “India, that is Bharat, shall be a Union of States.”

About Bharat:

• Origin: The roots of “Bharat”, “Bharata”, or “Bharatvarsha” are traced back to Puranic literature, and to the epic Mahabharata. 
• Puranas: It describes Bharata as the land between the “sea in the south and the abode of snow in the north”.
• Bharata is also the name of the ancient king of legend who was the ancestor of the Rig Vedic tribe of the Bharatas.

Origin of name ‘Hindustan’:

• The term “Hindu” comes from the Persian word linked to the Sanskrit term “Sindhu,” which means the Indus River.
• The Achaemenids initially used the term ‘Hind‘ to describe the lower Indus basin. 
• Around the first century AD, the suffix “stan” was added to form “Hindustan.”
• The Greeks, influenced by the Achaemenids, changed the name ‘Hind’ to ‘Indus.’ 

Origin of name ‘India’:

• When Alexander the Great invaded India in the 3rd century BC, ‘India’ referred to the area beyond the Indus River.

• The Union Ministry of Education signed an agreement with global software major Adobe to help children develop creative expression in classrooms.
• Under the programme, Adobe will provide schools across the country with free access to Adobe Express Premium and the professional development of educators.
• Training and certification in creativity and digital literacy will be provided to about 20 million students and 5,00,000 teachers by 2027.