Kotak Mahindra Bank’s shares plummeted by 10% following punitive measures imposed by the Reserve Bank of India (RBI), which restrict the bank from onboarding new customers online and issuing fresh credit cards due to IT system deficiencies in 2022 and 2023. RBI Restrictions and Analyst Insights The RBI’s directive is anticipated to negatively impact the …
Continue reading “Kotak Mahindra Bank Share Plunges 10% on RBI Action”
Every year on the fourth Thursday of April, the world celebrates International Girls in ICT Day. This important occasion aims to highlight the significance of girls and young women in the field of Information and Communications Technology (ICT) and encourage them to pursue education and careers in STEM (Science, Technology, Engineering, and Mathematics). This year, …
Continue reading “International Girls in ICT Day 2024 Observed on April 25”
The Reserve Bank of India (RBI) has issued a comprehensive master direction for asset reconstruction companies (ARCs), which will come into effect from April 24, 2024. These guidelines aim to enhance the regulatory framework for ARCs and ensure their financial stability and effectiveness in resolving distressed assets. Minimum Capital Requirement ARCs are required to maintain …
Continue reading “RBI Releases New Guidelines for ARCs Effective April 24, 2024”
Coal remains a cornerstone of global energy production, powering industries and households worldwide. As we delve into the year 2024, it’s crucial to assess the leading coal-producing nations shaping the energy landscape. From traditional powerhouses to emerging players, these countries drive the coal industry’s trajectory, influencing economic dynamics and environmental policies on a global scale. …
Continue reading “Top-10 Coal Producing Countries in the World 2024”
Mango, hailed as the “King of Fruits,” is not just a tropical delight but also a significant agricultural commodity globally. With its sweet, juicy flavor and versatility in culinary applications, mangoes have secured a prime position in the hearts of consumers worldwide. In 2024, mango production continues to thrive, with several countries contributing significantly to …
Every year on April 25, World Malaria Day is observed to raise awareness about the prevention, treatment, and control of malaria, a life-threatening disease caused by mosquito bites. Malaria is prevalent in tropical and subtropical regions, but it is preventable with proper precautions and measures. This annual observance serves as a reminder of the global …
Continue reading “World Malaria Day 2024 Observed on 25th April Annually”
Every year, from April 24 to 30, the world celebrates World Immunization Week. This global campaign aims to raise awareness about the importance of vaccination and its role in protecting individuals, communities, and populations against preventable diseases. Vaccination campaigns have been instrumental in eradicating smallpox and nearly defeating polio, showcasing humanity’s remarkable achievements in the …
Continue reading “World Immunization Week 2024 Observed on April 24 to 30”
Sikkim, nestled in the lap of the Himalayas, boasts a rich tapestry of culture, tradition, and political history. As India’s smallest state, its journey towards democracy and self-governance is marked by significant milestones, with the appointment of its first Chief Minister standing out as a pivotal moment in its narrative. Who was the First Chief …
Continue reading “Who was the First Chief Minister of Sikkim?”
Indian squash Player, Saurav Ghosal, the nation’s premier player, has announced his retirement from professional squash. The 37-year-old’s decision marks the end of an illustrious career that spanned over two decades, during which he achieved numerous milestones and brought glory to the country. A Decorated Career Saurav Ghosal’s achievements in the world of squash are …
Continue reading “Saurav Ghosal Bids Farewell to Professional Squash”
In a remarkable literary odyssey, P.S. Sreedharan Pillai, the Governor of Goa, has embarked on a mission to unveil the state’s rich natural heritage through a series of captivating books. His latest offering, “Heavenly Islands of Goa,” is a testament to his dedication to preserving and promoting the state’s lesser-known facets. Unveiling the Avian Paradise …
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.
