India Lifts Export Restrictions on Essential Goods for Maldives Amid Diplomatic Strain In a significant move, India has lifted export restrictions on essential goods for the Maldives, easing tensions in bilateral relations. This decision comes amidst a diplomatic strain between the two nations due to various issues. The export restrictions were initially imposed in 2020…
Indian Engineering Exports Surge: UAE, Russia, and Saudi Arabia Lead the Way The Indian engineering sector has witnessed a significant surge in exports, with the United Arab Emirates (UAE), Russia, and Saudi Arabia emerging as the top destinations for Indian engineering goods. This surge comes as a promising sign for the Indian economy, particularly amidst…
Government e-Marketplace (GeM) Achieves ₹4 Lakh Crore GMV, Plans Expansion The Government e-Marketplace (GeM) has marked a significant milestone by achieving a Gross Merchandise Value (GMV) of ₹4 lakh crore. This achievement underscores the growing preference for digital procurement processes in India. GeM, which was launched in 2016, has emerged as a game-changer in government…
NTPC Secures USD 200 Million Loan from JBIC for Renewable Projects India’s leading power utility, NTPC Limited, has recently secured a substantial loan of USD 200 million from the Japan Bank for International Cooperation (JBIC). The loan aims to fund NTPC’s renewable energy projects, marking a significant step towards India’s renewable energy goals. NTPC has…
Competition Commission of India (CCI) Approves Acquisition of Lanco Amarkantak Power Limited by Adani Power Limited In a significant development in the energy sector, the Competition Commission of India (CCI) has given its nod to the acquisition of Lanco Amarkantak Power Limited by Adani Power Limited. This move marks a pivotal moment in the Indian…
Adani Ports Acquires 95% Stake in Gopalpur Port for Rs 3,350 Cr Adani Ports and Special Economic Zone Ltd (APSEZ) has finalized a significant acquisition deal, securing a 95% stake in Gopalpur Port Limited. This strategic move, involving a transaction worth Rs 3,350 crores, marks a pivotal moment in the expansion endeavors of Adani Ports,…
PM Modi Inaugurates Boeing’s Global Engineering & Technology Centre Campus near Bengaluru In a significant development, Prime Minister Narendra Modi inaugurated Boeing’s Global Engineering and Technology Centre Campus near Bengaluru. This marks a crucial milestone in the aerospace industry and carries substantial implications for aspirants preparing for government exams, especially those in technical fields. Let’s…
Maharashtra Secures Investments of Rs 3.53 Trillion at Davos Maharashtra, one of India’s leading states in terms of economic activity and industrial growth, has recently made headlines by securing investments amounting to a staggering Rs 3.53 trillion at the prestigious World Economic Forum held in Davos. This significant development is poised to have far-reaching implications,…
Pixxel Inaugurates Megapixxel: A State-of-the-Art Satellite Manufacturing Facility in Bengaluru Pixxel, a prominent player in the space technology domain, recently inaugurated its cutting-edge satellite manufacturing facility, Megapixxel, in Bengaluru. This development holds significant implications for aspirants preparing for government exams, particularly those eyeing positions in the space and technology sectors. Why this News is Important…
LIC Approves Acquisition of 10% Stake in NHB-promoted Company The Life Insurance Corporation of India (LIC) has recently granted approval for the acquisition of a 10% stake in a National Housing Bank (NHB)-promoted company. This move holds significant implications for aspirants preparing for government exams, especially those targeting positions in the financial sector. Why this…
