CrackitToday App

Banking Current Affairs : 25th July 2024

Today’s Current Affairs: 25th July 2024 for SSC CGL, State SSC, RRB, Railways, Banking Exam & IBPS, etc

MoC Minister releases ‘The Future is Now’ as Theme for 8th IMC:

  • The Union Minister Jyotiraditya Madhavrao Scindia, Ministry of Communications (MoC) unveiled the theme of the 8th India Mobile Congress (IMC) i.e. ‘The Future is Now‘.
  • The theme highlights India’s central role in technological evolution and IMC 2024, which is scheduled for October 15-18 at Pragati Maidan, New Delhi, Delhi.

Government of India Upgrades IRCTC to Schedule ‘A’ CPSE:

  • Indian Railway Catering and Tourism Corporation (IRCTC), a “Mini-Ratna” Schedule B Central Public Enterprise (CPSEs) under the Ministry of Railways (MoR), has been upgraded as a ‘Schedule A’ CPSE.
  • The significant updagradation coincides with the celebration of IRCTC’s 25th year of incorporation. IRCTC was incorporated in 1999.

AIM and WIPO Signed a JLoI towards Building Joint Innovation Programs in Global South:

  • National Institution for Transforming India (NITI Aayog)-backed Atal Innovation Mission (AIM) has signed a Joint Letter of Intent (JLoI) with World Intellectual Property Organisation (WIPO), one of the specialized agency of United Nations (UN).

NFDC & Netflix India signed MoU to Launch ‘The Voicebox‘, Upskilling Program for Indian Voice-Over Artists:

  • The National Film Development Corporation (NFDC), a Public Sector Enterprise (PSE) under the Ministry of Information and Broadcasting (MIB), and Netflix India have signed a Memorandum of Understanding (MoU) to launch “The Voicebox”, an upskilling program for voice-over artists in India.
  • The MoU aligns with the vision of the NFDC and Netflix to promote Indian cinema, and nurturing.

Two SECL Blocks Listed in World’s Top 10 Largest Coal Mines: Gevra Secured 2nd and Kusmunda

  • Gevra Coal Mine and Kusmunda Coal Mine, blocks of Chhattisgarh-based South Eastern Coalfields Limited’s (SECL) have secured the 2nd and 4th rank in terms of production volume in the list of the world’s top 10 largest coal mines released by WorldAtlas.com.

Tata AIA Ranked 6th Globally in Global MDRT Rankings 2024:

  • Tata AIA Life Insurance Company Limited (Tata AIA), one of India’s leading life insurance companies, has secured the 6th position (out of the top 100 global companies) in the Global Million Dollar Round Table (MDRT) rankings for 2024.
  • Tata AIA registered the largest number of MDRT-qualified Life Insurance Advisors in India with 2584 MDRT-qualified advisors and employees as of 31st December 2023, a 30.64% increase over the previous year.

IndusInd Bank & Inspire Institute of Sport collaborates to Launch ‘Wrestle for Glory’ CSR Program:

  • IndusInd Bank Limited collaborates with Inspire Institute of Sport (IIS), a high-performance Olympic training facility headquartered in Vijayanagar, Ballari (Karnataka), to launch the ‘Wrestle for Glory‘ , a Corporate Social Responsibility (CSR) initiative of IndusInd Bank.
  • This initiative aims to support 50 talented female wrestling athletes from across India and provide them with coaching at the IIS facility on fully-funded scholarships.

Kantar’s Brand Inclusion Index 2024: Google, Tata Motors, Amazon, Jio, & Apple Named Most Inclusive Brands in India

  • The Brand Inclusion Index (BII) 2024 released by Kantar, a leading marketing data and analytics business, has named Google, Tata Motors, Amazon, Jio, and Apple as the top 5 most inclusive brands in India.
  • The global index lists Google, Amazon, Nike, Dove and McDonald’s as the top five most inclusive brands.

ISRO’s Chandrayaan-3 Team Won Prestigious IAF World Space Award 2024:

  • Chandrayaan-3 mission team of Indian Space Research Organisation (ISRO) won the prestigious World Space Award for 2024, presented by International Astronautical Federation (IAF) for its significant contributions to space exploration.
  • The award is given in recognition of the Chandrayaan-3, India’s lunar mission historic achievement of soft landing near the lunar South Pole.

RBI Approves Appointment of Krishnan Venkat Subramanian as MD & CEO of Federal Bank:

  • The Reserve Bank of India (RBI) has approved the appointment of Krishnan Venkat Subramanian (KV Manian) as the Managing Director(MD) and Chief Executive Officer (CEO) of Federal Bank Limited under Section 35B of the Banking Regulation Act, 2013 for a period of 3 years with effect from September 23, 2024.

Kristen Michal Appointed as Estonia’s New Prime Minister:

  • President of Estonia Alar Karis swore in Kristen Michal, Chairman of the centrist Reform party, as the New Prime Minister (PM) of Estonia.
  • He succeed Kaja Kallas, who resigned as of Estonia PM on 15th July 2024 to become the High Representative of the Union for Foreign Affairs and Security Policy of the European Union (EU).
  • Prior to this, Kristen Michal was serving as the Minister of Climate since April 2023.

European Space Agency Introduced Ramses, a Mission to study Asteroid Apophis:

  • The European Space Agency (ESA) has announced it plans to launch ‘Rapid Apophis Mission for Space Safety (Ramses)‘, a planetary defence mission, in 2028 to study the asteroid 99942 Apophis, a near Earth Object (NEO).
  • Apophis is expected to pass within 20,000 miles of Earth’s surface on 13th April 2029.

Hungarian Grand Prix 2024: Oscar Piastri Secured First-Ever F1 Title

  • McLaren’s Oscar Piastri, an Australian racing driver won his first Formula 1 (F1) title by winning the Hungarian Grand Prix (GP) 2024 held at the Hungaroring in Budapest, Hungary.
  • McLaren’s Lando Norris, a British-Belgian racing driver, finished 2nd followed by Mercedes’ Lewis Hamilton, a British racing driver, who finished 3rd.