Ind-Ra projects India’s FY24 growth at 5.9% : Credit rating and research agency, India Ratings and Research (Ind-Ra) projected the growth of the Indian economy to 5.9% year on year during 2023-24. The GDP growth estimate of the agency is lower than the 6.4% real GDP growth projected by the RBI for FY24. According to the agency, there are fault lines in […]
HDFC Bank, Lulu Exchange sign to enhance cross-border payments : HDFC Bank has signed an MoU with the UAE-based Lulu Exchange to strengthen the cross-border payments between India and the Gulf Cooperation Council (GCC) region. In the beginning, the expertise and regulatory framework of Lulu Exchange would be utilized to launch a digital inward remittance service – ‘RemitNow2India’. February 2023
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ICAR develops wheat variety to beat the heat : Indian Council of Agricultural Research (ICAR) has developed a new wheat variety called HD-3385. It can overcome the challenges arising out due to changes in weather patterns and rising heat levels. It is amenable to early sowing, escaping the impact of heat spikes, and can be harvested before March’s end. February
Namami Gange Executive Committee approves 9 projects : The Namami Gange Executive Committee, headed by NMCG Director General G. Asok Kumar, has approved nine Projects, worth over 1,200 crore rupees for Pollution abatement in Ganga Basin and Ghat Development. Out of these projects, seven pertain to the abatement of pollution in the Ganga Basin and two to ghat development.
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Asia Economic Dialogue 2023 begins in Pune : An annual flagship event of the External Affairs Ministry on Geo-economics, Asia Economic Dialogue is being conducted in Pune, Maharashtra from 23 -25 February 2023. This event is being co-hosted in collaboration with Pune International Centre. February 2023 Current Affairs Quiz The theme for AED 2023 is ‘Asia and the
University of Auckland, Tata Memorial Hospital sign MoU for cancer care : Tata Memorial Hospital (TMH) and Waipapa Taumata Rau (Auckland University) signed an MoU to engage in long-term cooperation in cancer care. TMH is the most renowned cancer care hospital and research center in India. February 2023 Current Affairs Quiz Initial projects envisaged for the partnership include a digital
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Navy Chief Awarded On-The-Spot Unit Citation INS Nireekshak for Salvage Operation: The Chief of the Naval Staff Adm R Harikumar visited INS Nireekshak at Kochi where he interacted with the diving team of the ship involved in the salvage operations at a depth of 219 meters in the Arabian Sea. He commended the ship on
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Prez Droupadi Murmu Conferred Sangeet Natak Akademi Fellowships and Awards: On February 23, 2023, President of India Droupadi Murmu presented the Sangeet Natak Akademi Fellowships (Akademi Ratna) and Awards (Akademi Puruskar) for the years 2019, 2020, and 2021 in New Delhi. February 2023 Current Affairs Quiz G. Kishan Reddy, Minister of Culture, Tourism and DoNER,
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UN approves resolution calling for Russia to leave Ukraine after 1 year: The UN General Assembly approved a nonbinding resolution that calls for Russia to end hostilities in Ukraine and demands the withdrawal of its forces, sending a strong message on the eve of the first anniversary of the invasion that Moscow’s aggression must end.
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Ajay Banga nominated to lead World Bank: From Washington, US President Joe Biden has nominated former Mastercard CEO Ajay Banga to manage the World Bank, after current CEO David Malpass declared his intention to retire early. Banga’s nomination comes amid a push for development lenders to revamp and address global problems like environmental issues more
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