In a collaborative effort, HDFC Bank and Atal Innovation Mission, under NITI Aayog, have empowered social sector startups in India by providing grants totaling Rs 19.6 crore in FY24. This initiative, known as the ‘Parivartan Start-up Grants programme,’ supported 170 startups through 41 incubators, focusing on critical areas such as climate innovation, financial inclusion, agriculture, …
The Reserve Bank of India (RBI) has announced the lifting of restrictions on Bank of Baroda’s BoB World mobile application, permitting the bank to onboard customers immediately. This decision follows the RBI’s directive in October 2023 to suspend customer onboarding on the app due to supervisory concerns. Bank of Baroda, in response, has undertaken corrective …
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Following Deepak Parekh’s resignation from the post of Chairman, HDFC Life Insurance appointed Keki Mistry to fill the position. Subsequently, the Insurance Regulatory and Development Authority of India (IRDAI) granted approval for Mistry’s appointment. Appointment Confirmation On May 7, 2024, IRDAI officially approved Keki Mistry’s appointment as Chairman of HDFC Life. This endorsement came after …
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Setu, a leading Indian fintech company and part of the Pine Labs Group, has unveiled Sesame, India’s first Large Language Model (LLM) specifically designed for the banking, financial services, and insurance (BFSI) sector. Developed in collaboration with indigenous AI research firm Sarvam AI, this groundbreaking initiative marks a significant milestone in the adoption of advanced …
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Maharana Pratap Jayanti 2024 commemorates the birth anniversary of the valiant ruler of Mewar, Maharana Pratap Singh Sisodia, born on May 9, 1540. Renowned for his steadfast resistance against Mughal dominance, particularly highlighted in the Battle of Haldighati, Maharana Pratap symbolizes Rajput valor and defiance. Celebrated with fervor in Rajasthan, this occasion honors his indomitable …
The National Company Law Tribunal (NCLT) Mumbai has sanctioned Sapphire Media’s acquisition plan for Reliance Broadcast Network’s Big 92.7 FM. This approval follows a resolution process initiated in February 2023 under the Insolvency and Bankruptcy Code. Resolution Plan Details Sapphire Media’s resolution plan, greenlit by 88.97% of Reliance Broadcast Network’s creditors’ committee, entails a payment …
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Yuzvendra Chahal, the wily leg-spinner from Rajasthan Royals, continues to etch his name in the annals of T20 cricket history. In the ongoing edition of the Indian Premier League (IPL), Chahal achieved a remarkable feat by becoming the first Indian bowler to take 350 wickets in the shortest format of the game. Within the all-time …
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The National Archives of India (NAI) has acquired a priceless collection of private papers and original correspondences belonging to the late Shri Rafi Ahmad Kidwai, a prominent figure in India’s freedom struggle and nation-building efforts. This acquisition ensures the preservation of a significant part of our nation’s history and the legacy of a remarkable leader. …
India’s toy exports experienced a slight decline to USD 152.34 million in the fiscal year 2023-24, with limited benefits from quality control measures. Despite efforts to bolster the domestic industry and ensure product safety, exports did not see significant improvement. Declining Export Trends Export figures dropped marginally from USD 153.89 million in the previous fiscal …
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Maharana Pratap Jayanti 2024, observed on June 9th, commemorates the birth anniversary of the revered king of Mewar, Rajasthan. Born on June 9, 1540 (as per the Hindu calendar), Maharana Pratap’s valor and leadership during the Battle of Haldighati against Mughal Emperor Akbar are celebrated. His legacy of courage and devotion to his people inspires …
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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.
