RBI Forecasts Private Capex to Rise to ₹2.45 Trillion in FY25: The Reserve Bank of India (RBI) study forecasts a substantial increase in private capital expenditure, projecting it to reach ₹2.45 trillion in FY25, up from ₹1.59 trillion in FY24. This rise is attributed to robust investment intentions and the ongoing emphasis on infrastructure development
Category: Economics Current Affairs
HDFC Bank’s Sashidhar Jagdishan Highest Paid Bank CEO In FY23
HDFC Bank’s Sashidhar Jagdishan Highest Paid Bank CEO In FY23: HDFC Bank’s Sashidhar Jagdishan Highest Paid Bank CEO In FY23 With Rs 10.55 Crore Pay Sashidhar Jagdishan, HDFC Bank’s Managing Director and Chief Executive, has emerged as the highest-paid bank chief executive in FY23, with a significant increase of more than 62% in his remuneration […]
LIC introduces new term assurance plan
LIC introduces new term assurance plan:“Jeevan Kiran”: Life Insurance Corporation of India (LIC) introduced a new term assurance plan—Jeevan Kiran. LIC Jeevan Kiran is an individual, savings, and life Insurance plan. This plan is available for individuals from 18 years to 65 years, offers life cover with return of premium. It has a minimum sum […]
Self-Regulatory Organisations : RBI
Self-Regulatory Organisations : RBI The Reserve Bank of India recently issued a framework to recognise self-regulatory organisations in the financial markets. Self-Regulatory Organizations (SROs) is generally a non-governmental entity created by members of a particular industry or sector to help govern the companies in that industry. An SRO sets and enforces rules and standards relating […]
Airtel Payments Bank Enhances Security with AI-Powered Face Match
Airtel Payments Bank Enhances Security with AI-Powered Face Match: Airtel Payments Bank has introduced a new security feature called Face Match, leveraging AI to enhance account protection. This advanced tool uses machine learning algorithms to detect potential threats and prompts facial recognition verification when needed.
M Suresh Appointed as Interim Chairman of Airports Authority of India
M Suresh Appointed as Interim Chairman of Airports Authority of India: M Suresh has been appointed as the interim Chairman of the Airports Authority of India (AAI). This appointment, effective Tuesday, marks a crucial transition in the leadership of one of India’s most important aviation bodies.
RBI Governor Shaktikanta Das Ranked Top Central Banker for 2nd Year
RBI Governor Shaktikanta Das Ranked Top Central Banker for 2nd Year: Reserve Bank of India (RBI) Governor Shaktikanta Das has been recognized as the top central banker globally for the second straight year by the US-based Global Finance magazine. He was awarded an ‘A+’ grade in the prestigious Global Finance Central Banker Report Cards 2024.
ICICI Bank Received Approval To Raise Its Stake
ICICI Bank Received Approval To Raise Its Stake: ICICI Bank received approval from the Reserve Bank of India (RBI)to raise its stake in ICICI Lombard General Insurance Company by up to 4% in multiple tranches. The private lender currently holds a 48.01% share in ICICI Lombard.
Network Of Women In Media, India : Guidelines
Network Of Women In Media, India : Guidelines The Network of Women in Media, India (NWMI) has released guidelines to improve safety and equity in newsrooms. These guidelines address issues like poor working conditions, harassment, and unfair practices. Common issues identified include: Widespread workplace humiliation and harassment. Tolerance of abusive behaviour from senior staff, often […]
Andhra CM Inaugurates Projects and Deals Worth Rs 3,683 Crore at Sri City
Andhra CM Inaugurates Projects and Deals Worth Rs 3,683 Crore at Sri City: Andhra Pradesh Chief Minister N. Chandrababu Naidu inaugurated 16 industrial projects in Sri City and signed deals worth Rs 3,683 crore. These new ventures are anticipated to generate over 15,000 jobs, underscoring the State’s commitment to accelerating industrial growth through enhanced efficiency.
