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Monthly Archives: May 2024

SBI Revolutionizes SME Lending with 'SME Digital Business Loans'

SBI Bolsters Presence in GIFT City with Acquisition of Stake in CCIL IFSC

May 22, 2024

In a strategic move to expand its foothold within the Gujarat International Finance Tec City (GIFT City), the State Bank of India (SBI) has finalized the acquisition of a 6.125% stake in CCIL IFSC Limited. The transaction, valued at ₹6.125 crore, marks SBI’s commitment to enhancing its role in the International Financial Services Centre (IFSC) …

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John Slaven Appointed Vice-Chairman of International Aluminium Institute

John Slaven Appointed Vice-Chairman of International Aluminium Institute

May 22, 2024

Vedanta Aluminium has announced the appointment of its Chief Executive Officer (CEO), John Slaven, as the Vice-Chairman of the International Aluminium Institute (IAI). In this prominent role, Slaven will spearhead global initiatives aimed at promoting sustainable transformation within the aluminium industry and highlighting aluminium’s crucial role in advancing the energy transition towards a Zero Carbon …

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Cabinet Approves Over Rs 10,300 Crore for IndiaAI Mission

Cabinet Approves Over Rs 10,300 Crore for IndiaAI Mission

May 22, 2024

The Cabinet has greenlit an ambitious financial allocation of over Rs 10,300 crore for the IndiaAI Mission, aimed at fortifying India’s AI innovation ecosystem. Spearheaded by a public-private partnership model, this significant investment over the next five years is poised to catalyze various strategic initiatives, including compute infrastructure expansion, startup empowerment, and ethical AI deployment. …

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Elon Musk Launches Starlink in Indonesia: Bridging Connectivity Gaps

Elon Musk Launches Starlink in Indonesia: Bridging Connectivity Gaps

May 22, 2024

Tech mogul Elon Musk introduced SpaceX’s Starlink satellite internet service in Indonesia, aiming to enhance connectivity in remote regions of the archipelago nation. The inauguration took place in Bali, where Musk, alongside Indonesian officials, emphasized the transformative potential of improved internet access. Musk’s Visit and Launch Event Elon Musk, accompanied by key Indonesian government representatives, …

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May, 2024 - - Part 20_8.1

Which District of Uttar Pradesh is Known as “Ghungroo City”?

May 22, 2024

Uttar Pradesh, known for its rich culture and diversity, is home to cities steeped in history and heritage. Each district in the state has its unique identity, drawing numerous domestic and international tourists every year. Among these districts, one stands out for a unique reason – it is known as the “Ghungroo City.” Let’s delve …

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India Rises to 39th Position in WEF Travel & Tourism Development Index 2024

India Rises to 39th Position in WEF Travel & Tourism Development Index 2024

May 22, 2024

India has ascended to the 39th spot in the World Economic Forum’s Travel & Tourism Development Index 2024, marking a significant improvement from its 54th position in 2021. Despite challenges posed by the pandemic, India showcases resilience and competitiveness in various aspects of its travel and tourism industry. India’s Strengths and Performance Resource Pillars India …

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Tata Motors Partners with Bajaj Finance to Enhance Dealer Financing Options

Tata Motors Partners with Bajaj Finance to Enhance Dealer Financing Options

May 22, 2024

Tata Motors’ subsidiaries, Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM), have teamed up with Bajaj Finance to offer an innovative financing programme for their authorised passenger and electric vehicle dealers. This partnership aims to streamline financing options and support the business operations of these dealers. Market Impact and Sales Growth TMPV …

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DAHD & UNDP MoU on Digitalisation of Animal Vaccine Cold Chain Management

DAHD & UNDP MoU on Digitalisation of Animal Vaccine Cold Chain Management

May 22, 2024

The Department of Animal Husbandry and Dairying (DAHD) under the Union Ministry of Fisheries, Animal Husbandry & Dairying has signed a Memorandum of Understanding (MoU) with the United Nations Development Programme (UNDP) India to digitalize vaccine cold chain management, enhance communication planning, and build capacity. Significance of the MoU India, the world’s most populous country, …

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May, 2024 - - Part 20_12.1

Top-10 Banana Producing Countries in the World 2024

May 22, 2024

Bananas are one of the most popular fruits globally, known for their delicious taste and nutritional benefits. They are rich in essential nutrients such as potassium, vitamin C, and dietary fiber. The cultivation of bananas is a significant agricultural activity in many tropical and subtropical countries, driving local economies and providing livelihoods for millions. Here, …

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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.

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