ADB Approves $200 Million Loan for Uttarakhand Livability Improvement Project: The Asian Development Bank (ADB) has approved a $200 million loan to enhance the urban infrastructure and climate resilience of Uttarakhand under the Uttarakhand Livability Improvement Project. This initiative aligns with both the Government of India’s urban development agenda and the state’s efforts to provide […]
Category: Economics Current Affairs
Hindalco Tops Global Sustainability Rankings for 5th Year
Hindalco Tops Global Sustainability Rankings for 5th Year: Hindalco Industries Ltd., the metals arm of the Aditya Birla Group, has secured the top position as the world’s most sustainable aluminium company for the fifth consecutive year, according to the 2024 S&P Global Corporate Sustainability Assessment (CSA) rankings. The company earned a total score of 87 […]
Bran : Recent Study
Bran : Recent Study A recent study highlights that keeping bran on millet improves the health benefits and should be promoted in Indian diets to improve diet quality. Bran is the edible broken seed coat, or protective outer layer, of wheat, rye, or other cereal grains, separated from the kernel. In flour processing, the coarse […]
Corporate Social Responsibility : In News
Corporate Social Responsibility : In News India, the first country to mandate Corporate Social Responsibility (CSR), has seen over ₹1.84 lakh crore invested through CSR from 2014 to 2023. With agriculture employing nearly half of the workforce and contributing 16.73% to GDP, interest in directing CSR funds toward agricultural sustainability is rising. CSR involves corporate […]
Urad And Tur Imports : Increased
Urad And Tur Imports : Increased The Indian government reported a significant increase in Urad imports from Brazil, reaching over 22,000 metric tonnes. The Ministry of Consumer Affairs highlighted Brazil’s potential as a major supplier of Urad and Tur for India, benefiting from different cropping seasons that align with India’s crop demands. Urad: Scientific name: […]
Namibia Offshore Oil
Namibia Offshore Oil: Namibia, viewed as one of the last frontiers of untapped oil potential, has recently faced challenges in its journey to becoming a prolific oil producer. Despite significant offshore discoveries in recent years, an unexpectedly high gas-to-oil ratio in these fields has created complications for oil development.
Bengaluru Unveils First Digital Population Clock at ISEC
Bengaluru Unveils First Digital Population Clock at ISEC: Bengaluru marked a milestone with the inauguration of its first digital population clock at the Institute for Social and Economic Change (ISEC). This innovative installation will display real-time population estimates for both Karnataka and the entire country, providing citizens, researchers, and policymakers with up-to-date demographic data.
Global collaborative platform for financial institutions and FinTechs : SBI
Global collaborative platform for financial institutions and FinTechs : SBI State Bank of India (SBI), in partnership with APIX—a global collaborative platform for financial institutions and FinTechs—has launched the ‘SBI Innovation Hub’ at the Singapore Fintech Festival from November 6-8, 2024. The hub provides a dedicated space for global FinTechs, startups, and innovators to create […]
Reserve Bank of India (RBI) has expanded the list of Government securities available for non-resident investment under the Fully Accessible Route
Reserve Bank of India (RBI) has expanded the list of Government securities available for non-resident investment under the Fully Accessible Route: The Reserve Bank of India (RBI) has expanded the list of Government securities available for non-resident investment under the Fully Accessible Route (FAR) by designating 10-year Sovereign Green Bonds (SGrBs) as ‘specified securities.’ These […]
Deutsche Bank has injected ₹5,113 crore
Deutsche Bank has injected ₹5,113 crore: Deutsche Bank has injected ₹5,113 crore into its Indian operations, marking its largest capital infusion into the country in recent years. This move, aimed at funding growth and expanding services across corporate, investment, and private banking, demonstrates the bank’s long-term commitment to India.
