Economy & Banking Current Affairs - 2024
What is Project Nimbus?
The technology giant Google has recently made headlines due to its handling of employee protests against Project Nimbus, a lucrative cloud computing contract with the Israeli government. In April 2024, Google fired 20 employees, adding to the previously dismissed 28 ..
Month: Current Affairs - April, 2024
Category: Economy & Banking Current Affairs - 2024
Ethylene Oxide Contamination in Indian Spice Brands
Recently, the reports emerged from Hong Kong’s Centre for Food Safety (CFS) and the Singapore Food Agency (SFA) indicating the detection of ethylene oxide, a known carcinogen, in several Indian spice products. Ethylene oxide has been classified by the International ..
Month: Current Affairs - April, 2024
Category: Economy & Banking Current Affairs - 2024
Space Debris Threat to Earth’s Defenses
As the number of satellites in Earth’s orbit continues to grow at an unprecedented rate, experts are raising concerns about the potential impact of space debris on the planet’s magnetic field and atmosphere. The Growing Problem of Space Debris Current ..
Month: Current Affairs - April, 2024
Category: Economy & Banking Current Affairs - 2024
SEBI’s Proposed Framework for Undervalued Companies
The Securities and Exchange Board of India (SEBI) has proposed a framework for price discovery of shares of listed Investment Companies (ICs) and Investment Holding Companies (IHCs) whose market price is trading at a significant discount to their book value. ..
Month: Current Affairs - April, 2024
Category: Economy & Banking Current Affairs - 2024
Current Forex Reserves of India
According to the latest report released, India’s foreign exchange reserves fell by $5.4 billion to $643.16 billion. This decline comes after the reserves reached an all-time high of $648.56 billion, following a seven-week gaining streak. Breakdown of the Decline The ..
Month: Current Affairs - April, 2024
Category: Economy & Banking Current Affairs - 2024
Bharat BillPay Enables SBI NCMC Card Recharge
National Payments Corporation of India’s (NPCI) wholly-owned subsidiary NPCI Bharat BillPay Limited (NBBL) has partnered with State Bank of India (SBI) to enable online recharge of SBI’s National Common Mobility Cards (NCMC) through the Bharat BillPay platform. This move aims ..
Month: Current Affairs - April, 2024
Category: Economy & Banking Current Affairs - 2024