WTO: Global trade expected to grow 1.7% in 2023: According to the Global Trade Outlook and Statistics report, released by the World Trade Organisation (WTO), the global merchandise trade volume is expected to grow by 1.7% in 2023 as compared to an earlier estimate of 1% in October 2022. April 2023 Current Affairs Quiz The global trade body cautioned that the […]
Cabinet approves revised domestic gas pricing guidelines: The Union Cabinet approved revised domestic gas pricing guidelines and the price of natural gas will be 10 per cent of the monthly average of the Indian crude basket. There will be monthly notification to ensure stable pricing in regime and provide adequate protection to producers from adverse
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FY23 bank credit growth highest since FY12, up 15%,: RBI data: According to the Reserve Bank of India (RBI) data, the Bank credit rose by 15% year-on-year (YoY) in 2022-23 (FY23), against 9.6% YoY in 2021-22 (FY22). FY23 credit growth is the highest since 2011-12, when it was 19.3%. Bank deposits expanded 9.58% YoY in FY23, against 8.9% YoY
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Tamil Nadu CM inaugurates IIT Madras initiative: Hon’ble Chief Minister of Tamil Nadu, Thiru. M.K. Stalin today (5th April 2023) inaugurated an initiative of Indian Institute of Technology Madras (IIT Madras) to connect one lakh Government School students in Tamil Nadu studying in rural locations to electronic science. April 2023 Current Affairs Quiz As part
Delhi airport now 9th busiest in world: According to the Airports Council International (ACI) World, Delhi’s Indira Gandhi International (IGI) Airport has been ranked as the ninth busiest airport in the world in 2022, handling approximately 59.5 million passengers every year. This is a significant accomplishment for the IGI Airport, which was ranked 13th in
Shah Rukh Khan tops 2023 TIME100 Reader Poll: Bollywood superstar Shah Rukh Khan, who is basking in the glory of the success of the blockbuster ‘Pathaan’, has proved he is the ultimate king. The actor defeated royal couple Prince Harry and Meghan Markle, Argentinian player Lionel Messi, and Meta founder Mark Zuckerberg in the 2023
Kalikesh takes charge as NRAI president: Kalikesh Narayan Singh Deo, who held the position of Senior Vice-President, took over as the President of the National Rifle Association of India (NRAI). This change occurred as the previous president, Raninder Singh, went on a long leave after the Sports Ministry issued a directive stating that the heads
FIFA Rankings: India’s Football Team Rises to 101: According to the latest FIFA rankings, the Indian men’s football team has climbed up five spots and is now ranked at 101. The team’s upward movement in the rankings can be attributed to their recent wins against Myanmar and Kyrgyzstan during the Tri-nation tournament, which helped them
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AWS India Empowering Indian Gaming Start-ups: AWS India’s Head of Start-up Ecosystem, Amitabh Nagpal, has acknowledged that gaming has become one of the most popular forms of entertainment. Indian start-ups are driving the rapid growth of the gaming industry in India, utilising cloud technologies to build and operate high-performance games across all categories. AWS offers
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Four-Member Committee to Improve NPS Pension Benefits: The Indian government has formed a committee to explore ways of enhancing the pension benefits of government employees under the National Pension System (NPS). The committee will be chaired by the finance secretary and will include three other members: the secretaries of the Departments of Personnel and Training,
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