Swiss brokerage major UBS Investment Bank has projected the Indian economy to contract 7.5 per cent in the current fiscal FY21, ending March 2021. UBS further expects the economy to rebound at 11.5 per cent in FY22. For the FY23, GDP growth is expected to stabilise at 6 per cent. WARRIOR 4.0 | Banking Awareness …
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The Reserve Bank of India (RBI) has set up a working group to study digital lending activities of the regulated and unregulated players, due to the growing instances of frauds in digital lending space. The group will suggest steps to regulate digital lending including online lending platform and mobile lending. The group will evaluate digital …
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The BofA Securities expects the GDP growth of India for the current financial year 2020-21 to contract by 6.7 per cent. Apart from this, BofA Securities has projected the Indian economy to grow at 9 per cent in 2021-22 if the vaccine distribution is done in the first half of the new fiscal year, but …
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Noted social activist and Padma Shri winner, D Prakash Rao has passed away. He was basically a tea seller based in Cuttack, who spent his entire earning to educate slum children, through the school ‘Asha O Ashwasana’, which he started in 2000. He was conferred with the prestigious Padma Shri award in 2019 for his …
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In India, the Armed Forces Veterans Day is observed each year on 14 January since 2017 to acknowledge and honour the selfless devotion and sacrifice of our veterans in the service of the nation. The day was initially called Armistice Day. 2021 marks the 5th Armed Forces Veterans Day. WARRIOR 4.0 | Banking Awareness Batch …
Manipur Governor, Dr Najma Heptulla has virtually released a book titled “Making of a General-A Himalayan Echo” authored by (Retd) Lt General Konsam Himalaya Singh at Durbar Hall, Raj Bhavan, Imphal. The book elegantly summons the essence and imperatives of superior command of one of the most formidable forces in the world. WARRIOR 4.0 | …
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Union Budget 2021, slated to be presented on February 1, is going to be completely paperless in the wake of the ongoing coronavirus pandemic. This will be the first time since independence that the budget papers will not be printed. The Centre has received permission for the same from both houses of parliament. The decision …
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The 4th edition of the Cherry Blossom Festival, Mao in Manipur was virtually inaugurated by Chief Minister N Biren Singh. However this year, the authority decided to scale down the festival due to the COVID-19 pandemic. The Festival featured the picturesque landscape of Mao adorned with beautiful cherry trees laden with blooming flowers which have …
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Indian American writer Ved Mehta passed away. The Indian-American novelist overcame blindness & was widely known as the 20th-century writer most responsible for introducing American readers to India. Ved Mehta, a longtime writer for The New Yorker whose best-known work, spanning a dozen volumes, explored the vast, turbulent history of modern India through the intimate …
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The Reserve Bank of India has imposed a penalty of Rs 2 crore on Deutsche Bank AG for non-compliance with certain provisions of directions concerning interest rate on deposits. The central bank said the statutory inspection of Deutsche Bank’s financial position as on March 31, 2019, and the Risk Assessment Report revealed non-compliance with the …
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Welcome to the Current Affairs Section of Adda247. If you are preparing for Government Job Exams, then it is very important for you to read the Daily Current Affairs. All the important updates based on current affairs are included in this Daily Current Affairs 2024 article.
