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Monthly Archives: May 2024

ISRO Develops Semi-Cryogenic Engine Using Liquid Oxygen Kerosene

ISRO Develops Semi-Cryogenic Engine Using Liquid Oxygen Kerosene

May 10, 2024

ISRO, through the Liquid Propulsion Systems Centre (LPSC) with support from other launch vehicle centers, is advancing the development of a semi-cryogenic propulsion system. This system aims to enhance the payload capacity of Launch Vehicle Mark-3 (LVM3) and future launch vehicles by utilizing a 2,000 kN thrust semi-cryogenic engine powered by a combination of liquid …

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Bharti Enterprises Sells ICICI Lombard Shares for ₹663 Crore: Transaction Overview

Bharti Enterprises Sells ICICI Lombard Shares for ₹663 Crore: Transaction Overview

May 10, 2024

Bharti Enterprises, led by Sunil Bharti Mittal, divested 38.50 lakh shares of ICICI Lombard General Insurance Company for ₹663 crore through open market transactions. This sale reduced Bharti Enterprises’ stake in ICICI Lombard from 2.43% to 1.63%. Concurrently, ICICI Bank, the promoter, increased its stake in ICICI Lombard to 51.7% by purchasing 21 lakh shares. …

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Which State of United States is Known as "The Natural State"?

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

May 10, 2024

Arkansas, with its breathtaking natural beauty, clear lakes, abundant wildlife, and diverse ecosystems, has earned the well-deserved nickname “The Natural State.” From majestic mountains to lush forests and winding rivers, Arkansas boasts a rich tapestry of natural wonders that captivates visitors and residents alike. Which State of United States is Known as “The Natural State”? …

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Enhancing Global Commerce Opportunities: YES BANK and EBANX Partnership

Enhancing Global Commerce Opportunities: YES BANK and EBANX Partnership

May 10, 2024

YES BANK, a leading private sector bank in India, is collaborating with EBANX, a global fintech firm specializing in payment solutions for emerging markets. Together, they aim to provide a comprehensive range of scalable payment solutions to merchants, facilitating seamless cross-border transactions and expanding global commerce opportunities for both merchants and customers in India. Streamlining …

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RBI Penalizes SBM Bank (India) With Rs 88.70 Lakh Fine

RBI’s G-Sec Buyback Results and Market Dynamics

May 10, 2024

The Reserve Bank of India recently conducted a buyback of government securities (G-Secs), receiving offers totaling ₹17,384.552 crore, but accepting only ₹10,513 crore, despite the notified amount being ₹40,000 crore. Market analysts speculate that banks may have offered G-Secs at higher prices, leading to rejection of offers out of sync with secondary market prices. Government’s …

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Top-10 Bauxite Producing Countries in the World 2024

Top-10 Bauxite Producing Countries in the World 2024

May 10, 2024

In the intricate web of global trade and industrialization, bauxite stands as a cornerstone mineral, essential for aluminum production. As the world’s hunger for aluminum grows, understanding the top bauxite-producing countries becomes paramount. In 2024, these nations, driven by rich reserves, technological advancements, and strategic investments, play pivotal roles in shaping the bauxite market. Let’s …

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Uttarakhand Launches 'Pirul Lao-Paise Pao' Campaign to Combat Forest Fires

Uttarakhand Launches ‘Pirul Lao-Paise Pao’ Campaign to Combat Forest Fires

May 10, 2024

The Uttarakhand government has launched the ‘Pirul Lao-Paise Pao’ campaign to contain the raging forest fires in the state. Chief Minister Pushkar Singh Dhami launched the campaign in the Rudraprayag district on May 8, 2024. He urged the people to actively participate in the campaign and stated that cooperatives, Yuva Mangal Dal, and Van Panchayat …

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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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