Charles Leclerc, the Ferrari driver, has achieved a remarkable feat by becoming the first Monegasque driver to win the Monaco Grand Prix since Louis Chiron in 1931, ending a drought of 92 years. Chaotic Race Overcomes Hurdles Leclerc’s victory, his first since the 2022 Austrian Grand Prix, came after a chaotic race marred by two …
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The Government of India, being the largest shareholder in Life Insurance Corporation (LIC), will receive a dividend of Rs 3,662 crore following LIC’s declaration of an interim dividend of Rs 6 per share. LIC reported a net profit of Rs 13,782 crore for the quarter ending March 31, 2024, marking a 4.5 percent increase compared …
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India faced a trade deficit with nine out of its top ten trading partners in the fiscal year 2023-24, according to official data. Notably, China emerged as India’s largest trading partner, surpassing the United States, with bilateral commerce totaling $118.4 billion. Trade Deficit Details India experienced widening trade deficits with China, Russia, Korea, and Hong …
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In a resounding victory, Lithuanian President Gitanas Nausėda has clinched a second term, triumphing over Prime Minister Ingrida Šimonytė. With preliminary results indicating Nausėda’s commanding lead with 74.5% of the votes, his reelection underscores broad support for his moderate conservative stance and unwavering advocacy for Ukraine. Nausėda’s Reelection: A Landslide Victory Preliminary figures from Lithuania’s …
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The Ganga River, originating from the majestic Gangotri Glacier nestled in the Himalayan mountains of Uttarakhand, holds immense significance for the people of India. Its journey traverses through various states, serving as a lifeline for millions of people and encompassing diverse ecosystems and cultures along its path. Origin of the Ganga River The Gangotri Glacier …
The Prudential Authority of the South African Reserve Bank has imposed a financial penalty of 10 million rand (₹4.5 crore) on the State Bank of India’s South Africa branch for non-compliance with certain provisions of the country’s Financial Intelligence Centre Act 38 of 2001 (FIC Act). The penalty comprises an immediately payable portion of 5.50 …
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The Food and Nutrition Board (FNB), a technical branch of the Ministry of Women and Child Development (WCD) responsible for providing logistical support to community nutrition programs, has been officially dissolved as part of the government’s plan to rationalize various bodies. Restructuring and Reallocation of Resources In a gazette notification issued on Monday, the WCD …
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Saudi Arabia’s appointment of Faisal bin Saud Al-Mejfel as its ambassador to Syria signifies a significant shift in bilateral relations, marking the first such appointment in over a decade. This move comes amidst a period of thawing relations between the two nations following years of estrangement sparked by the Syrian civil war. Background: From Strain …
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Tata Consultancy Services (TCS) has signed a deal to modernize the core banking technology of Burgan Bank, a leading commercial bank in Kuwait. Burgan Bank will deploy TCS BaNCS to consolidate multiple legacy applications into a contemporary universal banking solution, enhancing innovation and customer relationships. Bank Profile Burgan Bank, one of the youngest commercial banks …
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Shehra BJP MLA Jetha Ahir, who has previously served as the deputy speaker of the Gujarat Assembly, has been elected uncontested as the chairman of the National Agricultural Cooperative Marketing Federation of India (NAFED). Senior leaders revealed that Ahir secured the support of the sitting Rajkot MP Mohan Kundariya to become the NAFED chairman in …
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.
