In the second half of 2023, UPI transactions in India witnessed a remarkable surge of 56% year-on-year, outpacing the modest growth of 6% in card transactions, according to a report by payment service provider Worldline. The report reveals that the volume of UPI transactions soared to 65.77 billion, marking a substantial increase from 42.09 billion …
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National Maritime Day is observed annually on April 5 in India. It is a day dedicated to recognizing the importance of the maritime sector in the country’s international trade and economic growth. National Maritime Day, Historical Significance The date marks a significant milestone in India’s maritime history. On April 5, 1919, the first Indian commercial …
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India is embarking on establishing its first privately managed strategic petroleum reserve (SPR) by 2029-30. This initiative aims to allow the operator the liberty to trade all stored oil, aligning with models seen in countries such as Japan and South Korea. India’s current SPR strategy involves partial commercialization, with plans to expand this approach with …
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Nestled amidst the vibrant landscapes of Haryana lie numerous lakes, each offering a tranquil escape from the hustle and bustle of urban life. From natural wonders to man-made reservoirs, these bodies of water not only serve as picturesque destinations but also play a crucial role in the state’s ecosystem. Let’s embark on a journey to …
The Defence Research and Development Organisation (DRDO) and India’s Strategic Forces Command (SFC) have successfully conducted a flight test of the new generation ballistic missile called ‘Agni-Prime’. The test occurred at Dr APJ Abdul Kalam Island, off Odisha’s coast. The data was captured by several range sensors placed at different locations, including two downrange ships …
A research center in Romania has revealed the world’s most potent laser, based on the groundbreaking inventions of Nobel Physics Prize winners Gerard Mourou and Donna Strickland. The laser, operated by the French company Thales, promises revolutionary applications across sectors from healthcare to space exploration. Revolutionizing Laser Technology: Chirped-Pulse Amplification How the laser works: The …
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In the northeastern reaches of India lies the picturesque state of Mizoram, nestled amidst rolling hills and verdant valleys. As the youngest state in the region, Mizoram has a rich tapestry of history and culture, with its transition to statehood marked by significant milestones. One such milestone was the appointment of its inaugural governor, a …
Meta, the parent company of Facebook, WhatsApp, and Instagram, has extended its third-party fact-checking initiative in India by partnering with the Press Trust of India (PTI). This collaboration establishes PTI as a dedicated fact-checking unit within its editorial department, enabling the identification, review, and rating of misinformation across Meta platforms. Strengthening Fact-Checking Efforts Meta’s collaboration …
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RBI Monetary Policy Committee has decided by majority 5:1 to keep policy rates unchanged, Governor Shaktikanta Das announced on April 5. He also that core inflation has declined steadily. It is the first bi-monthly monetary policy of 2024-25. The Reserve Bank of India (RBI) Governor also announced MSF & Bank rates to continue to be …
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The Defence Research and Development Organisation (DRDO) has commenced a project in Junput village, West Bengal, to establish a test centre for the country’s weapon systems. This initiative aims to address the saturation of testing activities at Odisha’s Chandipur Integrated Test Range (ITR) by providing an additional operational area. Location and Purpose Junput, akin to …
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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.
