ICICI Prudential Mutual Fund has made a significant move in the Indian investment landscape by launching the ICICI Prudential Nifty Oil & Gas ETF. ICICI Prudential Mutual Fund has made a significant move in the Indian investment landscape by launching the ICICI Prudential Nifty Oil & Gas ETF. This pioneering product marks the introduction of …
Continue reading “ICICI Prudential Launches India’s First Oil & Gas ETF”
REC Limited, a leading lender in the power sector, has successfully secured a 5-year green loan amounting to 31.96 billion Japanese yen (approximately $200 million). The transaction, facilitated by Deutsche Bank’s Gift City branch, marks one of the initial yen-denominated green loan deals for the bank in India. Funding Green Projects in India The raised …
Continue reading “REC Raises 31.96 Billion Japanese Yen Through 5-Year Green Loan”
The United Nations Educational, Scientific and Cultural Organization (UNESCO) has recently made a significant announcement, approving the designation of 11 new Biosphere Reserves across 11 countries. This expansion brings the total number of sites in the World Network of Biosphere Reserves to an impressive 759, spanning 136 countries worldwide. This development marks a crucial step …
Continue reading “UNESCO Expands World Network of Biosphere Reserves”
Potash, a crucial fertilizer ingredient essential for agricultural productivity, is primarily mined for its potassium content. Canada stands as the world’s largest producer of potash, with significant deposits mined in Saskatchewan. This dominance underscores its pivotal role in global agriculture, providing essential nutrients that enhance crop yields and ensure food security worldwide. Worldwide Potash Production …
Continue reading “Largest Potash Producing Country in the World”
The India-Taiwan Mutual Recognition Agreement (MRA) for Organic Products, effective from July 8, 2024, aims to enhance trade by allowing certified organic products from each country to enter the other’s market. India’s Agricultural and Processed Food Products Export Development Authority (APEDA) and Taiwan’s Agriculture and Food Agency are the respective implementing agencies for this landmark …
Continue reading “India-Taiwan Mutual Recognition Agreement for Organic Products”
In June 2024, India’s economic landscape witnessed significant growth driven by robust performance in both manufacturing and services sectors. The Purchasing Managers’ Index (PMI) for manufacturing soared, accompanied by strong hiring activity, marking a 19-year high. Concurrently, the Eight Core Industries Index expanded by 6.5% year-on-year in the initial months of FY25, led by sectors …
Continue reading “India’s Economic Growth Highlights, June 2024”
The anemometer, a device used to measure wind speed, is crucial in meteorology and various scientific fields. Its invention spans centuries, beginning with Leon Battista Alberti in the 15th century. This article explores the history and contributions of these inventors to the development of the anemometer. What is an Anemometer? An anemometer is a device …
Four public sector banks, including Canara Bank, Indian Bank, Bank of India, and EXIM Bank, have collectively paid a dividend of ₹6,481 crore to the government for the financial year 2023-24. Finance Minister Nirmala Sitharaman received dividend cheques from each bank’s managing directors and CEOs Bank of Baroda Managing Director & CEO: Shri Debadatta Chand …
Continue reading “PSU Banks Pay ₹6,481 Crore Dividend to Govt for FY 2023-24”
Olympic medalist and badminton sensation PV Sindhu has made a significant move in the business world by joining Hoop, a Gurugram-based wellness brand, as both an investor and brand ambassador. This announcement marks a new milestone in Sindhu’s career beyond the badminton court, showcasing her growing interest in entrepreneurship and brand building. Hoop: Pioneering Wellness …
Continue reading “Olympian PV Sindhu Joins Wellness Brand Hoop as Investor, Brand Ambassador”
The Uttar Pradesh government has secured over 154 defence manufacturing deals worth Rs 25,000 crore, marking a significant stride in bolstering India’s defence production capabilities. These initiatives are part of the Uttar Pradesh Defence Industrial Corridor (UPDIC), spanning Lucknow, Kanpur, Jhansi, Aligarh, Chitrakoot, and Agra districts. Key Projects and Investments The corridor is set to …
Continue reading “Uttar Pradesh Defence Corridor Boosts Industrial Growth”
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.
