In a significant move, the Reserve Bank of India (RBI) has imposed major business restrictions on Paytm Payments Bank, effective from February 29. The regulatory action comes in response to persistent non-compliances and material supervisory concerns identified during a comprehensive external audit of the bank’s systems. RBI Imposes Restrictions on Paytm Payments Bank: Key Developments …
Tamil Nadu, renowned for its rich history, vibrant culture, and diverse landscapes, is home to Kanyakumari, its smallest district. Despite its modest size, Kanyakumari’s significance transcends its dimensions, boasting a wealth of natural wonders, cultural heritage, and unique geographical features that captivate visitors from far and wide. Smallest District in Tamil Nadu, Name Covering an …
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Finance Ministers of India Finance Ministers of India: The Finance Minister of India is in charge of the Ministry of Finance under the Government of India. The Ministry of Finance is one the senior-most offices in the Union Cabinet and the Finance Minister of India is the head of the ministry. The key duties of …
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Insurance plays a pivotal role in safeguarding individuals, businesses, and assets against unforeseen risks and uncertainties. As the global economy evolves, insurance companies continue to expand their reach and influence, offering a diverse array of products and services to meet the needs of a dynamic market. In this article, we explore the world’s top 10 …
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NTPC Green Energy Ltd (NGEL), a subsidiary of NTPC, recently inked a groundbreaking Memorandum of Understanding (MoU) worth Rs 80,000 crore with the Maharashtra government. This strategic collaboration aims to pioneer green hydrogen projects within the state, aligning closely with the government’s vision outlined in its Green Investment Plan. Scope of the MoU The …
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In a strategic move to bolster the mobile phone manufacturing industry in India, the Centre has announced a significant reduction in import duties on mobile phone components. The import duty on parts used for mobile phone manufacturing has been slashed to 10% from the earlier 15%. This decision aligns with India’s broader objectives to enhance …
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In a significant milestone, the World Health Organization (WHO) has issued its first-ever certificates acknowledging advancements in eliminating trans fatty acids (TFA), both industrially produced and naturally occurring. Five countries—Denmark, Lithuania, Poland, Saudi Arabia, and Thailand—have been commended for their pioneering efforts in demonstrating effective policies and robust monitoring and enforcement mechanisms in their TFA …
Life insurance is a crucial aspect of financial planning, offering protection and security to individuals and their families in times of need. In India, the life insurance sector has witnessed significant growth, with several companies emerging as leaders in the industry. Here, we delve into the top 10 life insurance companies in India, highlighting their …
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In a groundbreaking development, Neuralink, the neurotechnology company co-founded by Elon Musk, has successfully implanted its first brain chip into a human being. This marks a significant step forward in the field of brain-computer interfaces (BCIs) and opens up a myriad of possibilities for the future of medical treatment and human enhancement. Background of Neuralink …
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In a significant move, the President of India nominated Shri Satnam Singh Sandhu as a member of the Rajya Sabha. This decision recognizes Sandhu’s remarkable contributions to education, philanthropy, and community development. From Farmer’s Son to Leading Educationist Satnam Singh Sandhu, son of a farmer, rose to become one of India’s prominent educationists. Overcoming personal struggles, he founded …
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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 2024 article.
