Home   »  

Monthly Archives: April 2024

BharatPe Appoints Nalin Negi as Chief Executive Officer

BharatPe Appoints Nalin Negi as Chief Executive Officer

BharatPe, the fintech company that has been making waves in the Indian payments landscape, has officially elevated Nalin Negi as its chief executive officer. This move comes 15 months after Negi took charge as the company’s interim CEO and chief financial officer, during a period of significant upheaval and transition. Under Negi’s leadership, BharatPe has …

Kuwait's New Prime Minister: Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah

Kuwait’s New Prime Minister: Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah

Kuwait’s Emir has appointed Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah as the new Prime Minister following the resignation of Sheikh Mohammed Sabah Al-Salem Al-Sabah. Sheikh Ahmad, born in 1952, brings extensive experience in finance and government, having held various ministerial positions. Background and Career Highlights Sheikh Ahmad Abdullah Al-Ahmad Al-Sabah, born in 1952, holds a bachelor’s …

Fitch Affirms SBI and Canara Bank Ratings at 'BBB-'

Fitch Affirms SBI and Canara Bank Ratings at ‘BBB-‘

Fitch Ratings has upheld the long-term issuer default rating (IDR) of “BBB-” for both the State Bank of India (SBI) and Canara Bank. The agency also maintains a “stable” outlook for these state-run lenders. Despite variations in risk appetite and loan growth patterns, both banks exhibit adequate capacity for fulfilling their financial commitments. SBI’s Risk …

Delhi's IGI Airport Ranks Among Top 10 Busiest Airports Globally

Delhi’s IGI Airport Ranks Among Top 10 Busiest Airports Globally

The Airports Council International (ACI) World recently released its rankings for the busiest airports worldwide in 2023. Delhi’s Indira Gandhi International (IGI) Airport secured the tenth position, handling 7.22 crore passengers annually. This marks a significant progression from its 2019 ranking of 17th place, despite the challenges posed by the COVID-19 pandemic. Ranking Trends Steady …

RBI's Ban on Bank of Baroda World App: Strengthening Measures Against Cyber Fraud

RBI’s Ban on Bank of Baroda World App: Strengthening Measures Against Cyber Fraud

In response to a surge in cyber fraud incidents, including the Bank of Baroda World app scam, the Reserve Bank of India (RBI) halted Bank of Baroda’s customer onboarding on its ‘BoB World’ mobile app in October 2023. The Finance Ministry is now proposing stringent measures to combat such frauds, focusing on enhancing cybersecurity and …

April, 2024 - - Part 26_10.1

SPACE India named Sanjana Sanghi as its Brand Ambassador

Since its inception in 2001, SPACE India has been on a mission to integrate Astronomy and Space Science into school curricula nationwide, inspiring over 1.5 million students across 1,000 schools. The organization has been instrumental in demystifying rocket science and making space education accessible to all. Sanjana Sanghi: A Synergistic Partnership Now, SPACE India has …

IMF Raises India's GDP Forecast and Global Growth Projection for 2024-25

IMF Raises India’s GDP Forecast and Global Growth Projection for 2024-25

The International Monetary Fund (IMF) has revised India’s GDP growth forecast for 2024-25 upwards by 30 basis points to 6.8%, citing strong domestic demand. This projection, while robust, falls slightly below the Indian government’s forecast of 7%. Additionally, the IMF raised its global growth projection for 2024 by 10 basis points to 3.2%, highlighting the …

April, 2024 - - Part 26_12.1

World Hemophilia Day 2024, Date, History and Theme

World Hemophilia Day is an annual observance held on April 17th to raise awareness about hemophilia, a rare and inherited bleeding disorder. This year, the theme for World Hemophilia Day 2024 is “Equitable access for all: recognizing all bleeding disorders.” This article will explore the history, significance, and importance of this important health observance. History …