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Daily Archives: January 23, 2025

Neeraj Parakh Appointed as CEO and Executive Director of Reliance Power

Neeraj Parakh Appointed as CEO and Executive Director of Reliance Power

January 23, 2025

Reliance Power Limited has appointed Neeraj Parakh as its Executive Director and Chief Executive Officer (CEO), effective January 20, 2025, for a tenure of three years, subject to shareholder approval. Professional Background and Contributions Parakh brings over 29 years of professional experience, with more than 20 years dedicated to the Reliance Group. He began his …

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Bajaj Finance & Bharti Airtel Unveil Digital Finance Platform

Bajaj Finance & Bharti Airtel Unveil Digital Finance Platform

January 23, 2025

Bharti Airtel and Bajaj Finance have formed a partnership to create one of India’s largest digital platforms for financial services, leveraging Airtel’s customer base and distribution network with Bajaj Finance’s diverse product offerings. The collaboration aims to enhance financial inclusion through a seamless user experience on the Airtel Thanks App, offering products like gold loans …

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RBI Sets 6.66% Interest Rate on GOI Floating Rate Bonds 2035

RBI Tightens Guidelines for ARCs in Borrower Settlements

January 23, 2025

The Reserve Bank of India (RBI) has introduced stricter guidelines for Asset Reconstruction Companies (ARCs) to enhance transparency and accountability in borrower settlements. These revisions aim to standardize procedures and align them with practices of banks and non-banking financial companies (NBFCs). Key Revisions in Settlement Procedures Board-Approved Policies: ARCs are now mandated to establish board-approved …

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RBI Picks Exto India for Offline Payment Testing

RBI’s Strategic Liquidity Infusion to Stabilize Money Markets

January 23, 2025

In a decisive move to address liquidity constraints in the Indian banking system, the Reserve Bank of India (RBI) has conducted a series of Variable Rate Repo (VRR) auctions, infusing a substantial ₹76,000 crore into the financial ecosystem. This initiative aims to alleviate the liquidity deficit and stabilize short-term interest rates, particularly the call money …

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Who is Known as the Father of Indian Budget? Know the Name and Contributions

Who is Known as the Father of Indian Budget? Know the Name and Contributions

January 23, 2025

The history of India’s budget system is rooted in efforts to organize and manage the country’s finances efficiently. A key figure played a vital role in introducing the first formal budget during British rule, setting the foundation for India’s financial structure. This article explores his contributors and why he is remembered in history. Father of …

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Mizoram Pioneers Property Card Distribution in Northeast

Mizoram Pioneers Property Card Distribution in Northeast

January 23, 2025

Mizoram has become the first state in Northeast India to distribute property cards under the Survey of Villages Abadi and Mapping with Improvised Technology in Village Areas (SVAMITVA) scheme. On January 18, 2025, Governor Gen (Dr) VK Singh virtually participated in the distribution event from Raj Bhavan, Aizawl. Prime Minister Narendra Modi also attended, distributing …

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Policybazaar.ae Introduces 'PB Advantage'

Policybazaar.ae Introduces ‘PB Advantage’

January 23, 2025

Policybazaar.ae, a leading online insurance marketplace in the UAE, has launched ‘PB Advantage,’ a comprehensive initiative designed to enhance the health insurance experience for customers. This program introduces innovative features that streamline policy purchases and claims processing, setting new standards in the industry. Key Features of PB Advantage 30-Minute Claims Assistance: A dedicated claims desk …

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What is the Trump's Ambitious Stargate AI project?

What is the Trump’s Ambitious Stargate AI project?

January 23, 2025

The Stargate AI Project, announced by US President Donald Trump at the White House, marks a monumental step in the evolution of artificial intelligence (AI). Touted as the largest AI infrastructure initiative in history, this ambitious project has garnered support from some of the world’s biggest tech and business names. With an investment of $500 …

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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 2025 article.

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