Current Affairs on Memorandum of Understanding

In a significant effort to enhance trade and financial cooperation, the Reserve Bank of India (RBI) and the Bank of Mauritius (BOM) have signed a Memorandum of Understanding (MoU). This agreement will allow the use of the Indian Rupee (INR) and the Mauritian Rupee (MUR) for cross-border transactions. By letting exporters and importers settle their

The Central Council for Research in Homoeopathy (CCRH) and Adamas University, located in Kolkata, have formalized their collaboration by signing a Memorandum of Understanding (MoU) aimed at enhancing academic and research efforts in homoeopathy. This agreement, signed on March 1, 2025, seeks to promote scientific research, facilitate the exchange of knowledge, and support interdisciplinary studies

HDFC Bank, in partnership with the Indian Army and CSC Academy, has renewed its Memorandum of Understanding (MoU) to enhance Project NAMAN. This initiative focuses on providing support to Army veterans, their families, and their next of kin. Under this agreement, Common Service Centres (CSCs) will be established at 26 Directorate of Indian Army Veterans

The Department for Promotion of Industry and Internal Trade (DPIIT) has partnered with Mercedes-Benz India by signing a Memorandum of Understanding (MoU) to boost manufacturing, road safety, and sustainability in India. This collaboration is designed to assist startups by offering infrastructure, mentorship, funding opportunities, and market connections. Additionally, the partnership will promote international collaborations and

HDFC Bank has signed a Memorandum of Understanding (MoU) with the Indian Air Force (IAF) and CSC Academy as part of its Parivartan initiative to launch Project HAKK (Hawai Anubhavi Kalyan Kendra). This initiative focuses on supporting defence pensioners, veterans, and their families by providing them with financial services, skill development opportunities, and fostering economic

The Inland Waterways Authority of India (IWAI) has signed a Memorandum of Understanding (MoU) with the Jammu & Kashmir (J&K) government to foster river cruise tourism in the Union Territory. This agreement aims to enhance tourism, create jobs, stimulate economic growth, and promote river-based leisure activities. The signing occurred during the Chintan Shivir event in