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Daily Archives: July 18, 2023

India Extends UPI Payments to France, Empowering Indian Tourists

India Extends UPI Payments to France, Empowering Indian Tourists

July 18, 2023

On July 13, 2023, during Prime Minister Narendra Modi’s state visit to France, India and France signed a groundbreaking agreement that allows Indian tourists to use India’s Unified Payments Interface (UPI) for transactions in rupees. This partnership marks a significant milestone as it brings UPI, a popular mobile-based payment system, to Europe for the first …

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July 18, 2023 -_4.1

Why is Pilot Whale in News?

July 18, 2023

Context: More than 50 pilot whales have died in Scotland and being stranded on a beach on the Isle of Lewis– the largest mass stranding in the country in decades. What’s in News? Over 50 pilot whales died in Scotland after they washed up on a beach on the Isle of Lewis on 17th July. …

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July 18, 2023 -_5.1

Nokia and TSSC launch 5G skill development centre in Gujarat

July 18, 2023

In partnership with the Telecom Sector Skill Council (TSSC) and Kaushalya-The Skill University, Nokia has announced the establishment of a 5G skill development center in Gujarat. The Center of Excellence (CoE) at ITI Kubernagar will establish a skill Lab dedicated to training individuals in 5G technology skills. The primary objective is to offer job placements …

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July 18, 2023 -_6.1

North Korea tested its latest Hwasong-18

July 18, 2023

North Korea recently tested its latest intercontinental ballistic missile (IBM) – Hwasong-18. About Hwasong-18: Hwasong-18 is a three stage solid-fuelled intercontinental ballistic missile (IBM) developed by North Korea. It is North Korea’s first ICBM to use solid fuels which allows for faster launch. It was first unveiled in the February 2023 parade commemorating the 75th …

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July 18, 2023 -_7.1

Neeraj Akhoury elected as President of Cement Manufacturers’ Association

July 18, 2023

The Cement Manufacturers’ Association (CMA), the apex body of India’s large cement manufacturers, unanimously elected Neeraj Akhoury, managing director of Shree Cement, as President and Parth Jindal, managing director of JSW Cement as vice president. This election occurred at its Extraordinary General Meeting (EGM) held on 14th July 2023. Akhoury takes over from K C …

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July 18, 2023 -_8.1

Honorary doctorate to be conferred on Communist leader N. Sankaraiah

July 18, 2023

Context: Tamil Nadu Chief Minister M K Stalin has announced that veteran communist leader N. Sankaraiah will receive an Honorary Doctorate from Madurai Kamaraj University. What’s in News? Chief Minister of Tamil Nadu M K Stalin announced to present an honorary doctorate to the veteran communist leader N. Sankaraiah who dedicated his life to the …

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July 18, 2023 -_10.1

Finance Ministry appoints SEBI ED Pramod Rao to IFSCA Board

July 18, 2023

Finance Ministry has appointed Pramod Rao, Executive Director, SEBI, as a Member in the Board of International Financial Services Centre Authority (IFSCA). Rao has replaced Sujit Prasad, Executive Director SEBI, who was appointed as a Member (representing SEBI) in IFSCA in July 2020. It maybe recalled that Rao took charge as SEBI Executive Director on …

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RBI, Central Bank of UAE sign two MoUs for trade in local currencies

RBI, Central Bank of UAE sign two MoUs for trade in local currencies

July 18, 2023

On July 15, the Reserve Bank of India (RBI) and the Central Bank of UAE (CBUAE) signed two Memoranda of Understanding (MoUs) aimed at bolstering economic ties between the two nations. The MoUs focus on promoting the use of local currencies for cross-border transactions and interlinking their payment systems, including the Unified Payments Interface (UPI) …

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India Needs Average Annual 7.6% GDP Growth To Become Developed By 2047: RBI

India Needs Average Annual 7.6% GDP Growth To Become Developed By 2047: RBI

July 18, 2023

The Reserve Bank of India, in its monthly bulletin, has outlined the significant growth targets India must achieve over the next 25 years to become a developed economy with high per capita income. Currently estimated at $2,500, India’s per capita income needs to surpass $21,664 by 2047, as per World Bank standards, to be classified …

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July 18, 2023 -_13.1

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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 2025 article.

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