India’s Gross Domestic Product (GDP) Growth Slowed: India’s gross domestic product (GDP) growth slowed to a four-quarter low of 4.1% during the January-March period, from 5.4% in the preceding quarter, as manufacturing output shrank, provisional national income estimates show. As a result, full-year growth came in at 8.7% — a tad lower than the […]
Category: Current Affairs
World Summit Of Information Society (WSIS) 2022
World Summit Of Information Society (WSIS) 2022: Union Minister for Communications attended the opening ceremony of World Summit of Information Society (WSIS) 2022, being organized by International Telecommunications Unions(ITU) at its headquarter in Geneva, Switzerland from 30th May to 3rd June, 2022. The participation comes with India contesting the re-election to the ITU Council, for […]
Fiscal Deficit Improved To 6.71% Of The FY22
Fiscal Deficit Improved To 6.71% Of The FY22: Fiscal deficit improved to 6.71% of the FY22 GDP over the revised budget estimate of 6.9% mainly on account of higher tax realisation. Unveiling the revenue-expenditure data of the Union government, the Controller General of Accounts (CGA) said that the fiscal deficit in absolute terms was ₹15,86,537 […]
ASTRA MK-I BVRAAM
ASTRA MK-I BVRAAM: Ministry of Defence has signed a contract with Bharat Dynamics Limited (BDL) for supply of ASTRA MK-I Beyond Visual Range (BVR) Air to Air Missile (AAM) and associated equipment for the Indian Air Force & Indian Navy at a cost of Rs 2,971 crore under Buy (Indian-IDDM) category. Till now, the technology […]
Privatisation Of Public Sector Bank
Privatisation Of Public Sector Bank: The government is in the process of taking ‘advanced action’ to take forward the privatisation of public sector banks, top finance ministry officials asserted. In the Union Budget for 2021-22, Union Finance Minister had announced privatisation of two PSBs besides IDBI Bank. However, this year’s Budget Speech had skipped the […]
Cardinal (Catholic Church)
Cardinal (Catholic Church): Pope Francis announced that he will create 21 new Cardinals, including two from India at a Consistory on, 27 August, 2022. The two Cardinals from India are Archbishop Filipe Neri António Sebastião di Rosário Ferrão, Archbishop of Goa and Damão and -Archbishop Anthony Poola, Archbishop of Hyderabad. These cardinals represent the Church […]
Gen Next Democracy Network
Gen Next Democracy Network: Indian Council for Cultural Relations’s (ICCR) ten days programme Gen Next Democracy Network concluded. Youth from democratic countries come to India under the Gen Next Democracy Network programme. During the programme, they get acquainted with India’s heritage, culture and functioning of Indian democracy. In the closing ceremony, 27 delegates from six […]
Operation Rakth Chandan
Operation Rakth Chandan: Directorate of Revenue Intelligence (DRI) has recovered 14.63 MT of Red Sanders worth Rs. 11.70 crore under Operation Rakth Chandan. Red Sanders is a flora-species that is endemic to a distinct tract of forests in Eastern Ghats region of Andhra Pradesh and fall under ‘endangered list’ in the International Union for Conservation […]
World No Tobacco Day 2022 : Theme
World No Tobacco Day: 31st May is observed as ‘World No Tobacco Day’ every year to spread awareness around the deadly effects of tobacco consumption. The Member States of the World Health Organization created World No Tobacco Day in 1987 to draw global attention to the tobacco epidemic and the preventable death and disease it […]
Prime Minister’s Employment Generation Programme
Prime Minister’s Employment Generation Programme: The Ministry of Micro, Small and Medium Enterprises has approved the extension of the Prime Minister’s Employment Generation Programme (PMEGP) for five years till FY26. The PMEGP has now been approved for continuation over the 15th Finance Commission Cycle for five years from 2021-22 to 2025-26 with an outlay of […]
