IFC Partners with Axis Bank for India’s First Blue Loan of $500 Million: The International Finance Corporation (IFC) has partnered with Axis Bank to provide a $500 million loan aimed at scaling up blue finance and green projects in India. This is IFC’s first blue investment in the country and the largest climate finance initiative […]
Category: Current Affairs
BoB to Sell Oman Operations to Bank Dhofar
BoB to Sell Oman Operations to Bank Dhofar: State-owned Bank of Baroda (BoB) has announced its decision to sell its Oman operations to Bank Dhofar as part of a broader strategy to rationalize its foreign business footprint. This acquisition will take place on a going concern basis, pending approval from regulatory authorities.
Nijut Moina Scheme Launched in Assam to Fight Child Marriage
Nijut Moina Scheme Launched in Assam to Fight Child Marriage: Chief Minister Himanta Biswa Sarma of Assam has initiated the disbursement of monthly financial assistance under the Nijut Moina scheme. This step marks a decisive phase in the government’s ongoing battle against this social issue, aiming to provide crucial support to families
HDFC Bank Divests 100% Stake in HDFC Edu for ₹192 Crore
HDFC Bank Divests 100% Stake in HDFC Edu for ₹192 Crore: HDFC Bank has officially announced the divestment of its entire 100% stake in HDFC Education and Development Services Pvt. Ltd (HDFC Edu) to Vama Sundari Investments for ₹192 crore.
National Postal Week
National Postal Week: The Department of Posts is making significant strides in expanding its service horizons by leveraging innovative technologies and services to connect with citizens across the country, especially in rural and remote areas.
UPI and AANI Link-Up
UPI and AANI Link-Up: Union Commerce Minister Piyush Goyal has informed that the Indian and UAE governments are working on interlinking the UPI of India and the AANI of UAE. It will facilitate seamless cross-border transactions between two countries.
State of Global Water Resource Report 2023
State of Global Water Resource Report 2023: According to the State of Global Water Resource Report 2023, the year 2023 marked the driest year for global rivers in over three decades. State of Global Water Resource Report: It is an annual report published by the World Meteorological Organization (WMO) since 2021. It offers a comprehensive […]
World Association Of Zoos And Aquariums
World Association Of Zoos And Aquariums: The World Association of Zoos and Aquariums (WAZA) recently suspended the membership of the Delhi Zoo over concerns about the treatment of its lone African elephant named Shankar. World Association of Zoos and Aquariums (WAZA) is the umbrella organization for the World Zoo and Aquarium community. Established in 1935, […]
Advanced Glycation End Products
Advanced Glycation End Products: A diet rich in Advanced Glycation End Products (AGEs) is among the leading causes of India being the world’s diabetic capital, notes a first-of-its-kind clinical trial finding published recently. Advanced Glycation End Products (AGEs) are harmful molecules formed by the glycation and oxidation of lipids and proteins. Glycation is the process […]
Ni-kshay Poshan Yojana
Ni-kshay Poshan Yojana: The Union Health Ministry has doubled the monthly nutrition support under Ni-Kshay Poshan Yojana from the existing Rs 500 to Rs 1,000 per month for all TB patients, during treatment. Ni-kshay Poshan Yojana (NPY) launched by the Ministry of Health and Family Welfare (MoH&FW) as a centrally sponsored scheme under the National […]