Home   »  

Monthly Archives: May 2024

Fi Secures NBFC License from RBI: Expanding Financial Services Offerings

Fi Secures NBFC License from RBI: Expanding Financial Services Offerings

May 4, 2024

Fi, a neobanking startup, backed by investors such as Peak XV and Temasek, has obtained a non-banking finance company (NBFC) license from the Reserve Bank of India (RBI), enabling it to provide loans from its own books. This development aligns with the trend seen among fintech startups in recent years, where acquiring NBFC licenses facilitates …

Continue reading “Fi Secures NBFC License from RBI: Expanding Financial Services Offerings”

OECD Raises Indian Economy Growth Forecast to 6.6% for 2024-25

OECD Raises Indian Economy Growth Forecast to 6.6% for 2024-25

May 4, 2024

The Organisation for Economic Co-operation and Development (OECD) has revised India’s GDP growth projection upward to 6.6% for the fiscal year 2024-25. This adjustment reflects the anticipation of robust growth driven primarily by increased public investment and improved business sentiment. Key Observations Buoyant Public Investment and Business Confidence OECD attributes the elevated growth forecast to …

Continue reading “OECD Raises Indian Economy Growth Forecast to 6.6% for 2024-25”

CAG of India and Auditor General of Nepal Sign MoU to Enhance Collaboration in Auditing

CAG of India and Auditor General of Nepal Sign MoU to Enhance Collaboration in Auditing

May 4, 2024

In a significant development, Girish Chandra Murmu, the Comptroller and Auditor General of India (CAG), has signed a Memorandum of Understanding (MoU) with Toyam Raya, Auditor General of Nepal. This agreement aims to strengthen collaboration and facilitate the exchange of expertise in auditing practices between the Supreme Audit Institutions (SAIs) of both countries. Key Objectives …

Continue reading “CAG of India and Auditor General of Nepal Sign MoU to Enhance Collaboration in Auditing”

International Day for Mine Awareness and Assistance in Mine Action 2024

International Day for Mine Awareness and Assistance in Mine Action 2024 Observed on May 4th

May 4, 2024

The International Day of Mine Awareness and Assistance in Mine Action, observed annually on April 4th, serves as a poignant reminder of the ongoing threats posed by landmines and explosive remnants of war (ERW) worldwide. This day not only underscores the urgent need for collective action to address these threats but also celebrates the progress …

Continue reading “International Day for Mine Awareness and Assistance in Mine Action 2024 Observed on May 4th”

Nicknames of States of United States

Nicknames of States of United States

May 3, 2024

From the sprawling plains of the Midwest to the sun-kissed shores of the Pacific, the United States is a patchwork oJf diverse landscapes, cultures, and histories. Yet, beyond their geographical boundaries, each state possesses a unique identity, often celebrated through its distinctive nickname. Let’s embark on a fascinating voyage through the colorful tapestry of America’s …

Continue reading “Nicknames of States of United States”

Veteran Politician and Former Union Minister V. Srinivas Prasad Passes Away at 76

Veteran Politician and Former Union Minister V. Srinivas Prasad Passes Away at 76

May 3, 2024

The Indian political landscape has lost a seasoned leader with the passing of V. Srinivas Prasad, a Bharatiya Janata Party (BJP) Member of Parliament (MP) and former Union Minister. Prasad, who had an illustrious career spanning five decades, breathed his last at the age of 76 in Bengaluru, Karnataka. A Life Dedicated to Public Service …

Continue reading “Veteran Politician and Former Union Minister V. Srinivas Prasad Passes Away at 76”

India to Host 2025 BWF World Junior Badminton Championships in Guwahati

India to Host 2025 BWF World Junior Badminton Championships in Guwahati

May 3, 2024

The Badminton World Federation (BWF) has announced that India will host the prestigious 2025 BWF World Junior Championships at the National Centre of Excellence in Guwahati. This marks a significant milestone as India will be hosting this premier badminton event for the first time since 2008, when it was held in Pune. BWF World Junior …

Continue reading “India to Host 2025 BWF World Junior Badminton Championships in Guwahati”

ICICI Bank Joins India's Top 5 Companies with Market Cap Surpassing Rs 8 Trillion

ICICI Bank Joins India’s Top 5 Companies with Market Cap Surpassing Rs 8 Trillion

May 3, 2024

In a remarkable achievement, ICICI Bank has etched its name among India’s top five companies by market capitalization, surpassing the Rs 8 trillion mark. The private lender’s shares surged over 5%, propelling its market value to new heights and cementing its position as a financial powerhouse. Milestone for ICICI Bank ICICI Bank has become the …

Continue reading “ICICI Bank Joins India’s Top 5 Companies with Market Cap Surpassing Rs 8 Trillion”

RBI Announces 8% Interest on Floating Rate Bond 2034: All You Need to Know

RBI Announces 8% Interest on Floating Rate Bond 2034: All You Need to Know

May 3, 2024

The Government of India has introduced a Floating Rate Bond (FRB) maturing in 2034, with the Reserve Bank of India (RBI) declaring an 8% interest rate for the Floating Rate Savings Bond (FRSB) 2034. This bond offers a variable interest rate that resets every six months, reflecting market conditions. Interest Rate Mechanism The interest rate …

Continue reading “RBI Announces 8% Interest on Floating Rate Bond 2034: All You Need to Know”

Union Budget 2024

Monthly Current Affairs

Recent Posts

IMPORTANT EXAMS

Our Other Websites

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.

Download Adda247 App

google store

Follow us on

  • youtube
  • facebook
  • twitter
  • telegram
  • linkedin
  • whatsapp
© 2024 Adda247. All rights reserved.