The Reserve Bank of India (RBI) has granted approval to SBI Mutual Fund (SBI MF) for acquiring up to 9.99% of the paid-up share capital or voting rights of Karur Vysya Bank Ltd (KVB). This move signals a potential strategic a potential strategic investment by SBI MF in the private sector leader. However, there are …
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In a significant recognition of its excellence in the power sector, the Power Grid Corporation of India Limited (PGCIL), a Maharatna Central Public Sector Undertaking (CPSU) under the Ministry of Power, has been honored with the prestigious SKOCH Gold Award 2023. The accolade was bestowed upon PGCIL for its groundbreaking Pugalur Thrissur 2000 MW Voltage …
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Recently, the Union Cabinet greenlit the terms of reference for the Sixteenth Finance Commission (SFC). In a press briefing on Wednesday, Information and Broadcasting Minister Anurag Singh Thakur revealed that the chairman and members of the SFC would be appointed “as soon as possible.” The SFC is slated to submit its comprehensive report by …
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The Reserve Bank of India (RBI) took regulatory action on Thursday, imposing penalties on Bank of America, N.A. and HDFC Bank Ltd. for violations of specific norms. Additionally, penalties were levied on five cooperatives banks for non-compliance with various regulatory requirements. The penalties are based on deficiencies in regulatory compliance and are not intended to …
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Sam Bahadur Manekshaw Field Marshal Sam Hormusji Framji Jamshedji Manekshaw, affectionately known as Sam Bahadur, is a legendary figure in the annals of the Indian Armed Forces. His life and career exemplify valor, leadership, and unwavering dedication to the nation. In this article, we will delve into the life and remarkable achievements of this iconic …
In a somber moment for the world of cinema, veteran actor R. Subbalakshmi, renowned for her remarkable contributions to Malayalam cinema, bid farewell to the mortal world at the age of 87. Her journey from being a trained Carnatic musician to gracing the sliver screen with her powerful performances has left an indelible mark on …
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Air Marshal Makarand Ranade took over the esteemed position of Director General (Inspection and Safety) [DG (I&S)] at Air HQ New Delhi on December 1, 2023, succeeding the accomplished Air Marshal Sanjeev Kapoor, who retired after more than 38 years of distinguished service. An alumnus of National Defence College, New Delhi, and College Interarmée de …
HDFC Life, a leading life insurance provider, proudly announced its achievement of a new Guinness World Records title. The accolade was earned through the creation of the largest online selfie mosaic, a remarkable compilation of 19,097 photos contributed by individuals as part of the ‘Insure India’ campaign. Addressing Low Life Insurance Penetration The insurer …
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Joshimath, a town in Uttarakhand, faced severe challenges due to landslides and ground subsidence. The high-level central committee, led by Union Home Minister Amit Shah, approved a comprehensive recovery and reconstruction (R&R) plan amounting to ₹1,658.17 crore to address the aftermath of these natural disasters. Financial Allocations Central Assistance: The National Disaster Response Fund (NDRF) …
The India International Trade Fair (IITF-2023) concluded on a triumphant note on November 27 at Pragati Maidan, New Delhi. Among the standout highlights was the Odisha Pavilion, which not only captivated visitors from the outset but also clinched the prestigious gold medal for “Excellence in Display” in the State Pavilion category. Odisha Pavilion’s Success: The …
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.
