PhonePe, a Digital payment service provider announced that it has become the first digital payments app to enable the linkage of 2 lakh Rupay credit cards to the Unified Payments Interface (UPI). It has also processed a Total Payment Value (TPV) of Rs 150 crore through Rupay Credit on UPI. TPV refers to the total …
Continue reading “PhonePe: The First Payment App to Link 2 Lakh Rupay Credit Cards to UPI”
World Chess Champion Magnus Carlsen won the 2023 Superbet Rapid & Blitz Poland, the second leg of the Grand Chess Tour (GCT) at the Museum of the History of Polish Jews. The Norwegian Grandmaster, the World No.1, Magnus Carlsen finished with a score of 24/36 and took home the $40,000 1st place prize. Jan-Krzyzstof Duda …
Continue reading “Magnus Carlsen Won 2023 Superbet Rapid and Blitz Poland”
India’s Permanent Representative to the United Nations, Ambassador Ruchira Kamboj, received the Dag Hammarksjold Medals on behalf of Head Constables Shishupal Singh and Sanwala Ram Vishnoi. The Dag Hammarksjold Medal is the highest honor awarded to UN peacekeepers. It is awarded posthumously to members of peacekeeping operations as a tribute to the sacrifice of those …
Continue reading “Indian Peacekeepers Honoured Posthumously with Dag Hammarksjold”
TVS Supply Chain Solutions Executive Vice Chairman R. Dinesh has assumed office as the Confederation of Indian Industry (CII) President for 2023-24 while ITC Managing Director Sanjiv Puri has been named as President-designate. The CII National Council, which met in New Delhi to elect new office-bearers for 2023-24, also named EY Chairman India Region Rajiv …
Continue reading “R Dinesh Appointed as CII President for 2023-24”
Ms Suman Sharma, 1990 batch, has taken the oath of Office and Secrecy as a Member of Union Public Service Commission and the oath was administered by the Chairman of UPSC, Dr. Manoj Soni. Ms. Suman Sharma has served as an officer of the Indian Revenue Service (Income Tax), and has had an illustrious career …
Continue reading “Suman Sharma 1990 Batch Sworn in as UPSC Member”
The new Parliament building in Delhi, set to be inaugurated by Prime Minister Narendra Modi on May 28, represents the spirit of a self-reliant India (Aatmanirbhar Bharat). Replacing the old Parliament building, which was completed almost a century ago in 1927, the new structure is a significant addition to the Central Vista project in the …
Continue reading “New vs Old Parliament Buildings: 10 Key Features”
HDFC Bank, one of India’s premier private sector lenders, has announced a strategic partnership with Manipal Global Skills Academy to launch the Leadership Excellence Program (LXP). The program aims to hire and train women branch managers and enhance gender diversity within the organization. By collaborating with Manipal Global, HDFC Bank aims to develop a talent …
Continue reading “HDFC Bank partners Manipal Global to build up a talent pipeline”
The Reserve Bank of India (RBI) has granted approval for the voluntary Scheme of Amalgamation of Maratha Sahakari Bank with The Cosmos Co-operative Bank. The merger is set to take effect from May 29, 2023, as announced by the RBI. This decision comes after Maratha Sahakari Bank, established in 1946 with seven branches in Mumbai, …
Continue reading “RBI Approves Merger of Maratha Co-op Bank with Cosmos Co-op Bank”
The Asian Development Bank (ADB) and the Indian government have recently signed a loan agreement worth $141.12 million to support the development of high-quality internal infrastructure in Andhra Pradesh (AP). The funding will be utilized for the construction of roads, water supply systems, and an electricity distribution network in three industrial clusters within the state. …
India’s foreign exchange reserves, which had been steadily increasing over the past few weeks, experienced a decline of $6.1 billion in the week ending on May 19, 2023. This pullback comes after three consecutive weekly increases and affects all components of the reserves, with foreign currency assets (FCA) being impacted the most, according to the …
Continue reading “Forex reserves dip $6.1 billion to $593.48 billion”
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.
