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Monthly Archives: July 2024

PNB Launches Special Braille Debit Card for Visually Impaired Customers

PNB Launches ‘Safety Ring’ to Enhance Internet and Mobile Banking Security

July 12, 2024

In response to rising cyber fraud incidents, Punjab National Bank (PNB) has introduced the ‘Safety Ring’ security feature. This optional mechanism provides an additional layer of protection against unauthorized access, aimed at minimizing potential financial losses for users of its internet and mobile banking services. Key Features of ‘Safety Ring’ The ‘Safety Ring’ allows customers …

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Kotak Mahindra Mutual Fund Launches BSE PSU Index Fund

Kotak Mahindra Mutual Fund Launches BSE PSU Index Fund

July 12, 2024

Kotak Mahindra AMC has introduced the Kotak BSE PSU Index Fund, a passive equity scheme mirroring the BSE PSU Index comprising 56 PSU stocks. This fund aims to capitalize on the strong momentum in public sector undertaking (PSU) stocks, which have shown significant growth recently. Investors can participate in India’s economic trajectory through a cost-effective …

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Ireland Surpasses Mauritius in Preferred FPI Destinations

Ireland Surpasses Mauritius in Preferred FPI Destinations

July 12, 2024

As of June 30, 2024, Ireland has overtaken Mauritius to secure the fourth spot among preferred destinations for Foreign Portfolio Investors (FPIs) routing funds into India. Ireland boasts assets under custody (AUC) totaling Rs 4.41 trillion, slightly edging out Mauritius which recorded Rs 4.39 trillion. The shift highlights Ireland’s appeal, with a 26% increase in …

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Inventor of the Adhesive Tape

Who is the Inventor of the Adhesive Tape?

July 12, 2024

Adhesive tape, a fundamental yet often overlooked invention, has transformed daily tasks since its inception in the early 20th century. From its humble beginnings as masking tape designed for automotive painters to the versatile transparent tapes used in offices and homes today, its evolution reflects advancements in material science and practical utility. Introduction to Adhesive …

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Raksha Rajya Mantri Shri Sanjay Seth Launches GAINS 2024 at GRSE

Raksha Rajya Mantri Shri Sanjay Seth Launches GAINS 2024 at GRSE

July 12, 2024

Raksha Rajya Mantri Shri Sanjay Seth inaugurated the GRSE Accelerated Innovation Nurturing Scheme (GAINS 2024) at Garden Reach Shipbuilders & Engineers Limited (GRSE) in Kolkata on July 10, 2024. This initiative aims to foster technological solutions for shipyard challenges and promote innovation through Indian start-ups. Key Highlights of GAINS 2024 Under the ‘Make in India’ …

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India Leads Global Maritime Discourse at IMO Council Session in London

India Leads Global Maritime Discourse at IMO Council Session in London

July 12, 2024

India, represented by a high-level delegation led by Shri T.K. Ramachandaran, Secretary of the Ministry of Ports, Shipping and Waterways, has taken a prominent role in shaping international maritime policies at the 132nd session of the Council of the International Maritime Organization (IMO) in London. The session, which began on July 8, 2024, and continues …

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Northernmost District of Madhya Pradesh

Which is the Northernmost District of Madhya Pradesh?

July 12, 2024

Madhya Pradesh, located in central India, is renowned for its rich cultural heritage, diverse landscapes, and historical significance. Home to UNESCO World Heritage sites like Khajuraho and Sanchi, it boasts vibrant traditions, tribal art forms, and a plethora of wildlife sanctuaries. Let’s explore the northernmost district of Madhya Pradesh. An Overview of Madhya Pradesh Madhya …

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RBI imposes penalties on Godrej Housing, HUDCO, and Aadhar Housing Finance

RBI Eases LRS Norms for Investment via GIFT IFSC

July 12, 2024

The Reserve Bank of India (RBI) has expanded the scope of remittances to International Financial Services Centres (IFSCs) under the Liberalised Remittance Scheme (LRS). This allows resident Indians to open fixed deposits in dollars at GIFT IFSC, facilitating various financial services and products as per the International Financial Services Centres Authority Act, 2019. Key Changes …

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Indian Badminton Players Triumph at 3rd BWF Saint-Denis Reunion Open 2024

Indian Badminton Players Triumph at 3rd BWF Saint-Denis Reunion Open 2024

July 12, 2024

The 3rd BWF Saint-Denis Reunion Open 2024, held from July 3 to 7 in Saint-Denis, the capital of the French overseas département of Réunion in the Western Indian Ocean, saw Indian badminton players dominate the tournament. They secured both the men’s and women’s singles titles, showcasing India’s growing prowess in international badminton. Tournament Highlights Women’s …

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Union Budget 2024

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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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