China’s Luck with Financial Crises May Be Running Out China has yet to experience a full-blown financial crisis despite being one of the most indebted countries in the world. While there have been close calls, such as the government seizing a regional bank in 2019 to prevent a run on deposits and a wave of …
Continue reading “China’s Local Government Financing Vehicles Face Debt Crisis”
WTO finds India breached global trading regulations in IT dispute The World Trade Organization (WTO) has found that India has breached global trading regulations in a dispute over import duties on IT products with the European Union (EU), Japan, and Taiwan. The WTO panel’s report recommended that India should modify the measures to conform with …
Continue reading “WTO rules India violated global trade rules in IT dispute”
Geothermal Energy: A Renewable Resource for Electricity Demand Geothermal energy is a valuable renewable resource that has been harnessed to meet the electricity demands of several countries, including Iceland, El Salvador, New Zealand, Kenya, and the Philippines. Unlike non-renewable energy sources, such as fossil fuels, geothermal energy is sustainable and does not deplete over time. …
Continue reading “Geothermal Energy and India-China Dispute”
Musk criticizes Microsoft-backed OpenAI for training the AI to lie On Monday, Elon Musk announced his plan to launch an AI platform called TruthGPT to compete with Microsoft and Google’s current offerings. In an interview with Fox News Channel’s Tucker Carlson, Musk criticized Microsoft-backed OpenAI for training the AI to lie and accused Larry Page, co-founder of …
An abundance of rivers, streams, backwaters and a good amount of rainfall contribute to the lush greenery in Kerala, many parts of which yet face acute water scarcity when it comes to the summers. And this has led to the state adopting a Water Budget — the first of its kind in the country. The …
Continue reading “In a first, Kerala adopts Water Budget to tackle problem of summer water shortage”
Pravasi Bharatiya Samman Raj Subramaniam, the CEO of FedEx, a renowned global transportation company, and an Indian-American, was recently honored with the distinguished Pravasi Bharatiya Samman award. This award is the highest civilian recognition bestowed by India upon individuals of Indian descent and Indian diaspora. Due to travel restrictions, Subramaniam, aged 55, received the award …
Continue reading “Raj Subramaniam honoured with Pravasi Bharatiya Samman”
IIT Indore, in partnership with NASA-Caltech and the University of Gothenburg in Sweden, has designed an inexpensive camera setup that can capture multispectral images of four chemical species in a flame using a single DSLR camera. Previously, capturing such images required a complicated system with four cameras, but this new setup can simultaneously capture multiple …
Continue reading “IIT-I collaborates with NASA to develop low cost camera setu”
The inauguration of the Defence Research and Development Organisation (DRDO) Industry Academia Centre of Excellence (DIA-CoE) took place at the Indian Institute of Technology-Hyderabad, making it the largest facility of its kind in the country. DRDO Chairman, Dr Samir V Kamat, inaugurated the facility at the IIT-Hyderabad campus in Telangana, and stated that the centre …
Continue reading “DRDO Industry Academia Centre of Excellence inaugurated at IIT Hyderabad”
Rupee Vostro Account System: An Overview: The Rupee Vostro Account system is a financial arrangement that enables foreign banks to conduct transactions in Indian rupees with domestic banks. The term “vostro” is derived from the Latin phrase “in nostro vostro,” which translates to “in our account, in your account.” In this context, the domestic bank …
Neeli Bendapudi, an academic of Indian origin, has been selected as one of the five co-chairs of an Association of American Universities (AAU) task force that aims to enhance research and academic collaborations among higher education institutions in the United States and India. Buy Prime Test Series for all Banking, SSC, Insurance & other exams …
Continue reading “India-born academic named in task force to expand US-India univ partnerships”
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 2025 article.
