India’s wholesale price index (WPI)-based inflation fell to a four-month low of 1.31% in August, down from 2.04% in July. This decline is primarily attributed to reduced prices of manufactured products and food items. According to data from the Commerce Ministry, food price inflation decreased to 3.11% in August from 3.45% in July. Key factors …
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The government has scrapped the windfall tax on domestically produced crude oil with effect from September 18. The windfall tax on domestically produced crude oil will be zero, the government said in a notification. What is the Windfall Tax? It is a tax levied by governments against certain industries when economic conditions allow those industries …
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India’s exports fell 9.3% in August to $34.7 billion, with the trade deficit hitting a 10-month high of $29.7 billion as imports surged to $64.4 billion. Factors such as softening oil prices, reduced demand from China, and global recession contributed to the slowdown in exports. Imports grew 3%, driven by a sharp increase in gold …
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India is set to host the 2nd Formal Meeting of the COP9 (Conference of Parties) Bureau and the 3rd Formal Meeting of the Fund Approval Committee under the UNESCO (United Nations Educational, Scientific and Cultural Organization) International Convention against Doping in Sport on September 17-18, 2024, in New Delhi. What is the International Convention against …
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The Ramon Magsaysay Award is one of Asia’s most prestigious awards, given to individuals and organizations for their exceptional work in leadership, public service, and community development. Vinoba Bhave, a prominent Indian social reformer, was the first Indian to receive this honor in 1958. First Indian Recipient of Ramon Magsaysay Award Vinoba Bhave was the …
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A working paper by the Economic Advisory Council to the Prime Minister (EAC-PM), authored by EAC-PM member Sanjeev Sanyal, highlights the relative economic performance of Indian states from 1960-61 to 2023-24. Titled “Relative Economic Performance of Indian States: 1960-61 to 2023-24,” the paper reveals that West Bengal, once holding the third-largest share of the national …
Continue reading “Haryana Overtakes Punjab in GDP, West Bengal’s Decades-Long Economic Decline”
In 2014 Honorable Prime Minister of India launched the Swachh Bharat Abhiyan, it has a transformative impact in our society. This year it will mark its 10th anniversary and this year Swachhata hi Seva 2024 campaign embraces the theme of ‘Swabhav Swachhata – Sanskaar Swachhata’. About Swachh Bharat Mission Swachh Bharat Abhiyan is a campaign …
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Rashtrapati Nilayam in collaboration with the Ministry of Development of North-East Region and the Ministry of Culture will host the first edition of Bharatiya Kala Mahotsav from September 29 to October 6, 2024. About Kala Mahotsav The eight-day long celebration will showcase the rich and diverse cultural heritage of our North-Eastern states. Visitors will get …
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India’s Men’s Hockey Team clinched the 5th Title of Asian Champions Trophy in 2024, by winning a goal from Jugraj Singh, India beat China 1-0 in the final game of the tournament. Highlights of the game Harmanpreet Singh provided the assist, Jugraj Singh scored the winner as an unlikely combination gave India their fifth men’s …
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43 year old, Atishi Marlena from Aam Aadmi Party (AAP) will be the new Chief Minister of state Delhi. She will replace the AAP supremo and party chief Arvind Kejriwal. Decision was taken in the meeting of member of legislative assembly. About Atishi Marlena Born to Delhi University professors Vijay Singh and Tripta Wahi on …
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.
