Nobel in Economics 2024 Awarded to Acemoglu, Johnson, and Robinson: 2024 Nobel laureates in the economic sciences are Daron Acemoglu, Simon Johnson and James Robinson – have demonstrated the importance of societal institutions for a country’s prosperity. Societies with a poor rule of law and institutions that exploit the population do not generate growth or […]
Day: October 15, 2024
L Satya Srinivas Appointed CEO of GeM Portal
L Satya Srinivas Appointed CEO of GeM Portal: The Indian government has appointed L Satya Srinivas, currently serving as Additional Secretary in the Department of Commerce, as the additional CEO of the Government e Marketplace (GeM). This decision follows the recent appointment of the previous CEO, P K Singh, as secretary of the renewable energy […]
HAL Becomes 14th Maharatna Company
HAL Becomes 14th Maharatna Company: Hindustan Aeronautics Limited (HAL) has been upgraded to the status of Maharatna, making it the 14th Central Public Sector Enterprise (CPSE) to receive this prestigious classification from the Government of India.
PM Modi’s visit to Maharashtra
PM Modi’s visit to Maharashtra: Prime Minister (PM) Narendra Modi was on one-day visit to Washim and Thane in Maharashtra on 5th October, 2024. PM Modi launched several initiatives related to the agricultural and animal husbandry sector worth around Rs 23,300 crore in Washim, Maharashtra. He inaugurated over 7,500 projects under the Agriculture Infrastructure Fund […]
IFC Partners with Axis Bank to Provide USD 500 Million Loan to Fund Green Projects in India:
IFC Partners with Axis Bank to Provide USD 500 Million Loan to Fund Green Projects in India: The International Finance Corporation (IFC), private lending arm of the World Bank Group (WBG) has partnered with Axis Bank Limited, India’s leading Private Sector Bank, to provide a loan worth USD 500 million (about Rs 4,200 crore) to […]
