Israel Joins Asian Development Bank (ADB) as 69th Member Country: Israel has become the newest non-regional member of the Asian Development Bank (ADB). The Manila-based lender announced the news on Friday, marking a major step for Israel in enhancing its global strategic ties and economic outreach. Israel officially joined the Asian Development Bank (ADB) as […]
Month: October 2024
Freo Secures IRDAI License to Expand Insurance Offerings
Freo Secures IRDAI License to Expand Insurance Offerings: Freo, the digital finance application, has received a corporate agent license from the Insurance Regulatory and Development Authority of India (IRDAI), allowing it to offer a range of customized insurance products to its 25 million users. This initiative comes amid India’s low insurance penetration rate of approximately […]
Maldives President Introduces UPI Payment Service to Boost Economy
Maldives President Introduces UPI Payment Service to Boost Economy: Maldives President Mohamed Muizzu has announced the introduction of India’s Unified Payments Interface (UPI) to enhance the country’s economy by improving financial inclusion and transaction efficiency. This initiative is part of a broader strategy to strengthen ties with India following Muizzu’s previous stance against Indian military […]
Reserve Bank of India (RBI) has added 13 new entities to its ‘Alert List’ of unauthorized forex trading platforms
Reserve Bank of India (RBI) has added 13 new entities to its ‘Alert List’ of unauthorized forex trading platforms: The Reserve Bank of India (RBI) has expanded its ‘Alert List’ of unauthorized forex trading platforms by adding 13 new entities, bringing the total to 88. This list includes names of entities not authorized to deal […]
India’s Economic Growth Projected at 7-7.2% for FY25
India’s Economic Growth Projected at 7-7.2% for FY25: India’s latest Economic Outlook projects that India’s economy will grow between 7.0% and 7.2% in the fiscal year 2024-25, despite a recent slowdown where GDP expanded by only 6.7% year-on-year in Q1 of FY25. This growth is driven by favorable domestic conditions, including strong manufacturing activity, stable […]
SAIL Receives SHRM HR Excellence Awards
SAIL Receives SHRM HR Excellence Awards: Steel Authority of India Limited (SAIL) has been recognized with the prestigious SHRM HR Excellence Awards at the SHRM India Annual Conference 2024 in New Delhi. The company received accolades in two significant categories: ‘Excellence in Inclusion, Equity & Diversity’ and ‘Excellence in Managing the Distributed Workforce.’
Daily Current Affairs for UPSC IAS: 23rd October 2024
Today’s Current Affairs: 23rd October 2024 for UPSC IAS exams, State PSC exams, SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc
Global Hunger Index (GHI) 2024
Global Hunger Index (GHI) 2024: India ranks 105th out of 127 countries in the Global Hunger Index (GHI) 2024 with a score of 27.3, highlighting a “serious” hunger crisis driven by ongoing challenges of food insecurity and malnutrition. India-Specific Findings: GHI Score (2024) – 27.3 (‘serious’) slightly improved from GHI Score (2023) – 28.7 (‘serious’). […]
Malaria Free : Egypt
Malaria Free : Egypt Egypt was officially declared ‘malaria-free’ by the World Health Organization (WHO). Malaria is an acute febrile illness caused by Plasmodium parasites, which are spread to people through the bites of infected female Anopheles mosquitoes. It is a life-threatening disease primarily found in tropical countries. It is not contagious and cannot spread […]
Carbon Capture
Carbon Capture: Alt Carbon, a Darjeeling-based company, accelerates the natural process of rock weathering to capture carbon dioxide (CO2) by using crushed basalt, a type of volcanic rock rich in minerals like calcium and magnesium. Crushed basalt, a type of volcanic rock, is spread over land to increase surface area, accelerating natural weathering processes. Atmospheric […]
