Latest Current Affairs and important News, articles, treaties, government schemes, awards, sports results etc. for competitive exams SSC, UPSC, Railways, Public Service Commission(PSC). These daily general knowledge or general awareness section provides detail study materials for preparations. Download pdfs are available here.
World Biofuel Day is celebrated annually on August 10 to mark the importance of non-fossil fuels as a replacement for conventional fossil fuels. On this date, Sir Rudolf Diesel (German) successfully ran his diesel engine on peanut oil. In India, the Ministry of Petroleum and Natural Gas and the Ministry of Environment, Forest and Climate Change started celebrating World Biofuel Day […]
Microsoft becomes the first global Big Tech Company to join the Open Network for Digital Commerce (ONDC). ONDC is an Indian government initiative for developing a first-of-its-kind open network for digital commerce. Microsoft has intended to introduce social e-commerce via its app in the Indian market later this year. Initially, the network began its pilot in Delhi, Bengaluru,
Microsoft join ONDC to launch a shopping app in India Read More »
President, Droupadi Murmu has approved the appointment of Justice Uday Umesh Lalit as the 49th Chief Justice of India for three months. He will replace CJI Justice N V Ramana, who will retire on 26th August 2022. He was appointed as Judge of the Supreme Court (SC) in August 2014. He will be the second CJI to be directly
Justice Uday Umesh Lalit appointed as 49th Chief Justice of India Read More »
PNB Housing Finance has revamped its ‘Unnati’ loan portfolio to offer affordable housing loans of ₹9-12 lakh to target customers. PNB Housing has created a small vertical under Unnati which will be different from existing ₹18-19 lakh as affordable housing loans. In the June quarter, PNB HFC has already opened 10 more branches. PNB HFC: HQ: New Delhi MD &
PNB HFC increases its Unnati portfolio to offer affordable loans Read More »
The Indian Space Research Organisation (ISRO) has launched a 3D virtual space tech park called SPARK. Celebrating ‘Azadi Ka Amrit Mahotsav’ marking the 75th year of Independence, ISRO inaugurated the virtual park containing information regarding its various missions. The digital platform known as the ‘SPARK’ space museum was launched by the Chairman of ISRO, S Somnath. Key points
SPARK: New Virtual Space Museum Launched By ISRO Read More »
Axis Bank becomes the first Indian bank to launch Axis Receivables Suite (ARS), an innovative Cash Management proposition. Aim: Simplifies Receivables reconciliation, accelerates cash flow, enhances the client experience and reduces the cost of doing business. ARS is an end-to-end proposition to automate the reconciliation of receivables against sales invoices raised by clients. Benefit for Clients: Know about payments, real-time control over
According to State Bank of India’s economic research report “Ecowrap”, India’s home loan market is currently valued at about ₹24 lakh crore and it is expected to double (₹48 lakh crore) in the next 5 years. The share of ‘Housing Loans’ in ‘Bank Credit’ has increased to 14.4% in June 2022 from 13.1% in March 2020. The total home loan portfolio
India’s home loan market expected to double in 5 years: SBI report Read More »
The Union Cabinet has approved the signing of an audio-visual (AV) co-production treaty between India and Australia to promote co-production of films. Under this umbrella agreements, private, quasi-government or governmental agencies enter contracts to produce films together. So far, India has has signed 15 audio visual co-production treaties with foreign countries. Australia has emerged as a preferred destination for shooting
Cabinet approves India-Australia pact to promote co-production of films Read More »
Telangana Government has launched ‘Nethanna Ku Bima’ Scheme, an insurance scheme, which covers handloom and powerloom weavers in the State. This scheme was launched by Telangana Handlooms Minister, KT Rama Rao virtually on the occasion of National Handloom Day. The insurance coverage scheme will be implemented in association with LIC. In case of natural or accidental death of a weaver, Rs.
Telangana launches ‘Nethanna Ku Bima’ Scheme for weavers Read More »
Board of Directors of the Powergrid Corporation of India Limited has approved the appointment of Pramod Kumar as the Chief Financial Officer (CFO). Prior to this, he served as the Executive Director (Finance) of the company. He has an experience of 35 years in the Power Sector including Finance and Accounting functions i.e. finalisation of Corporate Accounts, formulation
Pramod Kumar appointed as CFO of Power Grid Corporation Read More »
