Government Raises Retirement & Death Gratuity Limits to Rs 25 Lakh

May 31, 2024

The Indian government has raised the maximum limit of retirement gratuity and death gratuity from Rs 20 lakh to Rs 25 lakh, effective from January 1, 2024. This revision, issued by the Ministry of Personnel, Public Grievances and Pensions, aims to enhance benefits for Central government employees. EPFO Holds Gratuity Hike Despite expectations, the Employees’ …

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Which State of United States is Known as “The Pelican State”?

May 31, 2024

Louisiana, often abbreviated as LA or traditionally as La., is a state rich in history and culture, located in the southern region of the United States. One of its most distinctive features is its nickname, “The Pelican State.” This nickname is a tribute to the brown pelican, the official state bird, which is native to …

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IAF Contingent Joins ‘Red Flag 24’ Exercise in Alaska

May 31, 2024

The Indian Air Force (IAF) has joined a 16-day multi-nation mega military exercise in Alaska, United States, designed to provide realistic training to participating forces in a simulated combat environment. The exercise, known as ‘Red Flag 24’, commenced on May 30 and will continue until June 14. Deployment of Rafale Fighter Jets For this exercise, …

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First Country to Introduce Civil Services

May 31, 2024

Civil services hold a prestigious position in India, offering an opportunity to work in top governmental roles that significantly impact the nation. While many aspire to these coveted positions, few know about the origins of civil services. This article delves into the history, tracing back to the very first country that introduced the concept of …

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Sweden Boosts Ukraine’s Defenses with Advanced Radar Planes

May 31, 2024

In a significant move to fortify Ukraine’s defense capabilities against Russia, Sweden has announced the donation of two Saab Airborne Surveillance and Control (ASC) 890 aircraft. These radar surveillance planes will play a crucial role in enhancing Ukraine’s long-range target identification capabilities and supporting the integration of F-16 fighter jets provided by other Western nations. …

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Banks’ Credit Growth Outlook for FY25: CRISIL Analysis

May 31, 2024

In its latest report, CRISIL Ratings predicts a slowdown in bank credit growth for fiscal year 2025 to 14%, marking a decline of 200 basis points from the estimated 16% growth in FY24. This moderation is attributed to various factors including a high base effect, revision in risk weights, and a slightly slower pace of …

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Richest Woman in the World 2023 List of Top 10 Women

May 31, 2024

Forbes Magazine has been annually releasing the Billionaires list since 1987, a ranking that categories the wealthiest individuals globally according to their verified net worth. This compilation offers a snapshot of the world’s richest billionaires each year, typically in March. The net total worth of each person is approximated on the basis of their reported …

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IRDAI Approves Sandeep Batra as ICICI Prudential Board Chairman

May 31, 2024

The Insurance Regulatory and Development Authority of India (IRDAI) has granted approval for the appointment of Sandeep Batra as the Chairman of the Board of Directors of ICICI Prudential Life Insurance Company. The company announced this development on Thursday. Effective Date and Current Role Batra’s appointment as the Chairman of the ICICI Prudential Board will …

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TCS & IIT-Bombay Partner to Develop India’s 1st Quantum Diamond Microchip Imager

May 31, 2024

Tata Consultancy Services (TCS) has entered a strategic partnership with the Indian Institute of Technology, Bombay (IIT-Bombay), to develop India’s first Quantum Diamond Microchip Imager. This advanced sensing tool aims to revolutionize the examination of semiconductor chips, reducing failures and enhancing the energy efficiency of electronic devices. Collaboration Details Over the next two years, experts …

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Which District of Uttar Pradesh is Related to Kanak Bhawan

Which District of Uttar Pradesh is related to Kanak Bhavan?

May 31, 2024

Uttar Pradesh, located in northern India, holds the title of the most populous state in the country. According to the 2011 census, the population of Uttar Pradesh was recorded at 199,812,341, which accounts for approximately 16.5% of India’s total population. Additionally, Uttar Pradesh boasts the highest number of districts among all Indian states, each with …

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Monthly Archives: May 2024

Government Raises Retirement & Death Gratuity Limits to Rs 25 Lakh

Which State of United States is Known as “The Pelican State”?

IAF Contingent Joins ‘Red Flag 24’ Exercise in Alaska

First Country to Introduce Civil Services

Sweden Boosts Ukraine’s Defenses with Advanced Radar Planes

Banks’ Credit Growth Outlook for FY25: CRISIL Analysis

Richest Woman in the World 2023 List of Top 10 Women

IRDAI Approves Sandeep Batra as ICICI Prudential Board Chairman

TCS & IIT-Bombay Partner to Develop India’s 1st Quantum Diamond Microchip Imager

Which District of Uttar Pradesh is related to Kanak Bhavan?

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