Latest Current Affairs

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.

India, UAE sign MoU to enhance bilateral cooperation on climate action

India, UAE sign MoU to enhance bilateral cooperation on climate action

India and United Arab Emirates have signed an MoU to establish a framework to facilitate and enhance bilateral cooperation on climate action. The agreement was signed between Environment, Forest and Climate Change Minister Bhupender Yadav and UAE Climate Envoy and Minister of Industry and Advanced Technology Dr Sultan Al Jaber in New Delhi yesterday. The […]

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‘Tomb of Sand’ becomes 1st Hindi novel to win 2022 Booker Prize

‘Tomb of Sand’ becomes 1st Hindi novel to win 2022 Booker Prize

Indian author Geetanjali Shree and American translator Daisy Rockwell won the 2022 International Booker Prize for “Tomb of Sand”. The book “Tomb of Sand’ was originally written in Hindi, it is the first book in any Indian language to win such a prestigious award. The prize money of 50,000 pound will be split between Shree and Rockwell. The book is about a widow who

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Japan's MUFG Bank gets approval set up branch at GIFT City

Japan’s MUFG Bank gets approval set up branch at GIFT City

MUFG Bank becomes the first Japanese bank to open a branch at Gujarat International Financial Tech City (GIFT City) in a bid to offer a wide range of banking services to both domestic and global clients. MUFG Bank has already taken all necessary approvals from the International Financial Services Centre Authority (India) and the Financial Services Agency (Japan) to set up a

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CCEA clears sale of govt's 29.5% stake in Hindustan Zinc

CCEA clears sale of govt’s 29.5% stake in Hindustan Zinc

The Cabinet Committee on Economic Affairs (CCEA) has cleared the government’s 29.5% stake sale in Hindustan Zinc Ltd (HZL) to fetch around Rs 38,000 crore to the exchequer. This decision will strengthen the government’s disinvestment drive in the current fiscal year. The government has budgeted Rs. 65,000 crore from PSU disinvestment and strategic sale. In 2002, the government offloaded a 26% stake

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BOB Financial launched co-branded contactless RuPay Credit Card with HPCL

BOB Financial launched co-branded contactless RuPay Credit Card with HPCL

Bank of Baroda Financial and Hindustan Petroleum (HPCL) in partnership with National Payments Corporation of India (NPCI), have launched HPCL BoB co-branded contactless RuPay Credit Card. The card includes various features such as rewards for spending on utilities, grocery and departmental stores. This card can be used across merchants and ATMs globally through the JCB network. BOB Financial is

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Indian officer Anwar Hussain Shaik is new chair of WTO's committee

Indian officer Anwar Hussain Shaik is new chair of WTO’s committee

Ten years later, an Indian government officer, Anwar Hussain Shaik has been made the chair of the WTO’s Committee on Technical Barriers on Trade(TBT). He replaced Elisa Maria Olmeda de Alejandro from Mexico. Aim: To ensure that standards and conformity assessment procedures, and technical regulations are non-discriminatory and do not create unnecessary obstacles to trade. WTO is a 164

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Sebi withdraws permanent recognition granted to ICEX

Sebi withdraws permanent recognition granted to ICEX

SEBI has withdrawn the recognition granted to the Indian Commodity Exchange Limited (ICEX). The withdrawal of recognition follows an order passed by SEBI on May 10 after finding the bourse non-compliant on several grounds like net worth and infrastructural requirements. After this, the ICEX has been directed to transfer the money available in the Investor Protection Fund and Investor Services Fund of

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Moody's cuts CY22 India GDP growth forecast to 8.8% amid rising inflation

Moody’s cuts CY22 India GDP growth forecast to 8.8% amid rising inflation

Moody’s Investors Service has cut its gross domestic product (GDP) growth forecast for India to 8.8% for calendar year 2022 (CY22) from its March estimate of 9.1%. Reason: Rising inflation and interest rates will temper the economic growth momentum. It projected inflation to be around 6.8% and 5.2% for 2022 and 2023, respectively. Earlier, the S&P Global Ratings had cut

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