Current Affairs

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India Launches UPI Payment Services in Sri Lanka and Mauritius

India launched UPI payment services in Sri Lanka and Mauritius during a virtual ceremony attended by PM Modi and the top leadership of the two nations. The move...

February 12, 2024

Zoho, Juspay, Decentro Secure RBI Payment Aggregator Approval

The Reserve Bank of India has granted final authorization for three more companies – Juspay, Decentro, and Zoho – to operate as payment aggregators in India. This approval...

February 8, 2024

7th Session of Codex Committee on Spices and Culinary Herbs (CCSCH) held in Kochi

The 7th Session of Codex Committee on Spices and Culinary Herbs (CCSCH) was recently held in Kochi. During this session, the committee finalised and recommended quality standards for...

February 4, 2024

Centre Allocates ₹10,536Cr for Odisha’s 2024-25 Railway Infrastructure

The Centre has allocated Rs 10,536 crore for Odisha’s railway infrastructure development for the 2024-25 fiscal, which is Rs 524 crore more than the amount sanctioned in last...

February 3, 2024

India Launches UPI Payment System Globally at Eiffel Tower

National Payments Corporation of India’s (NPCI) Unified Payment Interface (UPI) was formally launched at the Eiffel Tower in Paris on February 2, 2024. This marks an important step...

February 3, 2024

RBI’s Digital Payments Index Rises in September 2023

Reserve Bank of India’s (RBI) Digital Payments Index, a measure of the extent of digitisation of payments across the country, increased to 418.77 in September 2023 from 395.57...

February 2, 2024

Cochin Shipyard Secures ₹500 Crore Hybrid Service Operation Vessel (SOV) Order

Public sector company Cochin Shipyard Limited (CSL) has bagged a prestigious international order from a European client for the construction of a hybrid service operation vessel (SOV) for...

February 2, 2024

RBI Suspends Paytm Payments Bank’s Core Services

Reserve Bank of India (RBI) has barred Paytm Payments Bank from onboarding new customers and offering services like digital wallets and UPI transactions from March 1, 2024. This...

February 2, 2024

Finance Ministry Highlights Key Economic Challenges

Ahead of the Interim Budget, the Finance Ministry laid out four key challenges facing India’s economy in the “The Indian Economy: A Review” Report. This comes as India...

January 30, 2024

Focus Sectors for $1 Trillion Exports Target

India has identified 6 key sectors – electronics, engineering goods, textiles, marine & agriculture, toys and pharmaceuticals – that could help the country achieve almost 70% of its...

January 29, 2024

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