In August, India witnessed a notable surge in Goods and Services Tax (GST) collection, amounting to ₹1.59 trillion, signifying an 11% increase compared to the same period last year. This impressive growth can be attributed to enhanced compliance and anti-evasion measures put in place. Comparison with Previous Months August 2023’s collection marked a significant rise …
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Global rating agency Moody’s Investor Service has revised its economic growth projection for India, providing a positive outlook for the year 2023. The agency has increased its forecast for India’s Gross Domestic Product (GDP) growth to 6.7 percent, up from the previous estimate of 5.5 percent. This adjustment is attributed to the notable performance in …
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Every year, World Coconut Day is celebrated on September 2. The day is celebrated to understand the benefits of this fruit and promote awareness. In India, Tamil Nadu, Karnataka, Kerala, West Bengal and Andhra Pradesh are the main states that grow coconuts. What is Coconut? Coconuts are one of the most loved fruits in India. …
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On 1st September, the Indian government announced the formation of a committee led by former President of India, Ram Nath Kovind, to delve into the feasibility of ‘One Nation, One Election.’ This development follows the government’s announcement to hold a special parliamentary session from September 18th to 22nd, 2023, which has led to curiosity about …
YES Bank, announced a significant development in the digital currency space by launching UPI interoperability on the Reserve Bank of India (RBI) Central Bank Digital Currency (CBDC) app. This move is poised to revolutionize digital transactions and expand the reach of the Digital Rupee (e₹) across the nation. Enhancing Transactional Convenience: Users can now seamlessly …
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The Union Health Ministry has announced an ambitious plan to boost research and innovation in the pharmaceutical and medtech sectors. To achieve this goal, they have introduced the Promotion of Research & Innovation in Pharma-MedTech sector (PRIP) scheme, which has been approved by the Union Cabinet. The scheme was rolled out earlier this month by …
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In a significant development for the region, Bhaderwah Rajmash and Sulai honey, both hailing from the picturesque districts of Doda and Ramban in Jammu and Kashmir, have been granted coveted Geographical Indication (GI) tags. These tags serve as a testament to the unique qualities and characteristics of these local specialties and open up doors for …
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In a significant development for India’s energy sector, Prime Minister Narendra Modi announced that the 700 MW nuclear power plant located in Kakrapar, Gujarat, has commenced its operations at maximum capacity. This milestone marks a pivotal moment in India’s quest for energy self-sufficiency and underscores the nation’s commitment to harnessing indigenous nuclear technology. Kakrapar Nuclear …
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Industrialist Anand Mahindra has welcomed Mahindra Singh Dhoni as the cricketer became a brand ambassador of his Swaraj Tractors. There have been times when Mahendra Singh Dhoni has expressed his passion for farming. And now, he has become a brand ambassador of Swaraj Tractors. About MS Dhoni Dhoni’s rise from Ranchi to being one of …
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Viacom 18, a Reliance-owned media outlet, has emerged victorious in the auction for media rights, encompassing both digital and TV broadcasting, of India’s domestic matches and BCCI-hosted domestic tournaments for the next five years. The auction took place on August 31, 2023. This significant acquisition complements Viacom 18’s existing digital rights for the Indian Premier …
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.
