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SIPRI report on Trends in World Military Expenditure 2022 released

SIPRI report on Trends in World Military Expenditure 2022 released: A report on Trends in World Military Expenditure 2022, published by Stockholm International Peace Research Institute, stated that total global military expenditure increased by 3.7% in real terms in 2022 to reach a new high of $2240 billion. April 2023 Current Affairs Quiz The three largest spenders in 2022 are […]

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Labour Minister Launches New Features on eShram Portal for Migrant Workers’ Welfare

Why the scheme is in news? – On Monday, Union Labour Minister Bhupender Yadav launched additional features on the eShram portal. One of the features will enable the capture of family details of migrant workers to provide them with access to child education and women-centric schemes. The eShram portal now allows registered workers to connect

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IIT Madras to set up its first international campus in Tanzania

IIT Madras to set up its first international campus in Tanzania: IIT Madras plans to open the first Indian Institute of Technology in Africa in Tanzania, with classes beginning in October. The planned campus in Zanzibar will be IIT Madras’s first international campus. V Kamakoti, the institute’s director, announced the plans during his address at

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UDAN Scheme: Transforming India’s Regional Air Connectivity

Why the scheme is in the news? On April 21, the Ministry of Civil Aviation (MoCA) started the fifth phase of the Regional Connectivity Scheme (RCS)-UDAN (Ude Desh Ka Aam Nagrik) to improve access to India’s regional districts. The MoCA has released a bid document, inviting airlines to bid on various routes as part of

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Zimbabwe to introduce gold-backed digital currency

Zimbabwe to introduce gold-backed digital currency: The Reserve Bank of Zimbabwe (RBZ) has revealed intentions to launch a gold-backed digital currency to combat the decreasing value of the Zimbabwean currency. The digital gold tokens will be a form of electronic money, backed by gold held at the RBZ. This will enable holders of small amounts

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Belgium firm to launch biodiesel project in Ayodhya soon

Belgium firm to launch biodiesel project in Ayodhya soon: Ayodhya has been chosen for a two-year experimental project to produce biofuel from waste. Belgium-based company Vito is expected to launch the project in Ayodhya soon. According to officials, the company, which focuses on clean technology and sustainable development, has already begun working on the project.

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Former Punjab Chief Minister Parkash Singh Badal passes away at 95

Former Punjab Chief Minister Parkash Singh Badal passes away at 95: Parkash Singh Badal, a former Chief Minister of Punjab and leader of the Akali Dal, has passed away at the age of 95 in Mohali. He started his political career as a village sarpanch and went on to contest assembly elections for the first

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Neobank Jupiter secures NBFC licence

Neobank Jupiter secures NBFC licence: Jupiter, a neobanking startup, has received a non-banking finance company (NBFC) licence from the Reserve Bank of India (RBI), allowing it to extend loans using its own resources. According to Jitendra Gupta, the founder of Amica Financial Technologies Ltd., which operates Jupiter, the company will appoint a professional chief executive

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SBI’s fourth startup branch opens in Mumbai BKC

SBI’s fourth startup branch opens in Mumbai BKC: In Mumbai’s BKC neighbourhood, SBI built its fourth branch specifically for entrepreneurs. SBI Chairman Dinesh Khara remarked during the launch ceremony that the branch’s main goal is to provide full help to startups throughout their journey, from creating their corporate entity to performing IPOs and FPOs. April

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International Chernobyl Disaster Remembrance Day 2023 observed on 26 April

International Chernobyl Disaster Remembrance Day 2023 observed on 26 April: International Chernobyl Disaster Remembrance Day is held yearly on April 26 in memory and honour of those who died. The following are some of the most important facts concerning the incident. It is a day that will be remembered as the fateful day when the

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