Centre to borrow Rs 8.88 Lakh Cr in first half FY24: The Finance Ministry informed that the government has decided to make a gross market borrowing of ₹8.88 trillion in the first half of FY24. Out of gross market borrowing of Rs 15.43 lakh crore estimated for FY2023-24, Rs 8.88 lakh crore or 57.5 per cent […]
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SEBI approves ASBA-like facility for investors to trade in secondary market: SEBI has approved a framework for an Application Supported by a Blocked Amount (ASBA) like facility for secondary market trading. It is based on the blocking of funds for trading in the secondary market through UPI. March 2023 Current Affairs Quiz Sebi said the facility
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IIT Madras Researchers develop a device to detect milk adulteration: Indian Institute of Technology Madras (IIT Madras) Researchers have developed a three-dimensional (3D) paper-based portable device. This device can detect adulteration in milk within 30 seconds. The test could be even performed at home. It can detect multiple substances commonly used as adulterating agents including Urea, detergents, soap,
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Shakib Al Hasan surpasses Southee to become the top T20I wicket-taker: During the second T20I match against Ireland in Chattogram, Shakib Al Hasan surpassed Tim Southee to become the leading wicket-taker in T20I cricket. With 136 wickets in T20I at an average of 20.67 and an economy rate of 6.8, Shakib is considered as one
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BCCI Announces Herbalife as its Official Partner for TATA IPL 2023: Herbalife, a global nutrition company, has announced a partnership with the Board of Control for Cricket in India (BCCI) to become an official partner of the TATA Indian Premier League (IPL) for the 2023 season. This partnership brings together two strong brands that share
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Kerala Sangeetha Nataka Akademi: The fellowships, awards, and Gurupuja Puraskaram for the year 2022 have been announced by the Kerala Sangeetha Nataka Akademi. Theatre person Gopinath Kozhikode, music director P.S. Vidyadharan, and Chenda/Edakka artist Kalamandalam Unnikrishnan have been selected for the Kerala Sangeetha Nataka Akademi fellowships for their contribution to the respective fields. March 2023
Defence Ministry inks deal worth over Rs 1,700 crore to boost critical weapon system production: Under the Buy (Indian) Category, the Ministry of Defence (MoD) signed a contract worth over Rs 1,700 crore with BrahMos Aerospace Private Limited (BAPL) for the procurement of Next Generation Maritime Mobile Coastal Batteries (Long range) (NGMMCB-LR) and BrahMos Missiles.
International Day of Drug Checking 2023: The International Day of Drug Checking is an annual event held on March 31st since 2017. The purpose of the day is to educate people about drugs and their effects and to promote harm reduction initiatives to reduce the risks associated with drug use. The primary goal is to
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World Bank supports clean drinking water supply to rural Karnataka: The World Bank has approved a USD 363 million loan to the Indian state of Karnataka, which will help provide clean drinking water to two million rural households. The initiative aims to install piped water connections in homes across the state, as well as build
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India’s Fixed Communication Services Predicted to Grow at 6.4% CAGR: According to a recent GlobalData report, India’s fixed communication services revenue is expected to grow at a compound annual growth rate (CAGR) of 6.4%, rising from $10.2 billion in 2022 to $13.9 billion in 2027. The growth will be mainly driven by the fixed broadband
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