Bank of India penalty news

Bank of India Penalty: Income Tax Department Imposes ₹564.44 Crore Penalty

Income Tax Department Imposes ₹564.44 Crore Penalty on Bank of India The Income Tax Department has recently imposed a hefty penalty of ₹564.44 crore on Bank of India for alleged discrepancies in the reporting of income. This penalty comes as a result of an investigation into the bank’s financial records, conducted by the tax authorities….

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Reliance Industries data center Gujarat

Reliance Industries to Build World’s Largest Data Center in Jamnagar, Gujarat | Boosting India’s Digital Infrastructure

Reliance Industries to Build World’s Largest Data Centre in Jamnagar, Gujarat Reliance Industries Limited (RIL), led by Mukesh Ambani, has announced its plan to construct the world’s largest data center in Jamnagar, Gujarat. The project aims to boost India’s digital infrastructure and help cater to the increasing demand for data storage and cloud computing services….

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WAVES

WAVES 2025: India’s Maritime Initiative for Global Leadership and Port Development

What is WAVES 2025? WAVES 2025 stands for “Week of Actions for Vigorous Empowerment and Sustainability”, a flagship maritime initiative by the Government of India. Organized by the Ministry of Ports, Shipping, and Waterways, the event showcases India’s growing emphasis on strengthening its maritime sector, both in terms of infrastructure and policy. Scheduled to be…

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WAVES

Project Kuiper by Amazon: Satellite Launch for Global Internet – Exam-Relevant Current Affairs

Introduction to Project Kuiper Amazon has officially launched two prototype satellites for Project Kuiper, a long-term initiative aimed at providing global broadband internet. These satellites—KuiperSat-1 and KuiperSat-2—were launched aboard a United Launch Alliance (ULA) Atlas V rocket. This marks Amazon’s entry into the space-based internet service sector, competing directly with SpaceX’s Starlink. Objectives of Project…

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SAIL workplace culture

SAIL Earns Great Place to Work Certification: Employee Welfare & Inclusivity

SAIL Earns “Great Place to Work” Recognition for Second Consecutive Year The Steel Authority of India Limited (SAIL) has achieved a remarkable milestone by earning the prestigious “Great Place to Work” certification for the second consecutive year. This accolade highlights SAIL’s commitment to fostering an employee-friendly work culture, emphasizing inclusivity, innovation, and engagement. Commitment to…

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WAVES

National Supercomputing Mission: Advancing India’s HPC Capabilities in 2025

Introduction: Advancing India’s Computational Capabilities The National Supercomputing Mission (NSM), launched in 2015, is a flagship initiative by the Government of India aimed at bolstering the country’s high-performance computing (HPC) capabilities. Jointly steered by the Department of Science and Technology (DST) and the Ministry of Electronics and Information Technology (MeitY), and implemented by the Centre…

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Ram Lalla stamp unveiling Laos

“Ram Lalla Commemorative Stamp Unveiling in Laos: Strengthening India-Laos Relations”

Jaishankar Unveils Commemorative Postage Stamp of Ram Lalla in Laos Unveiling Ceremony of the Commemorative Stamp In a significant cultural and diplomatic event, Indian External Affairs Minister S. Jaishankar unveiled a commemorative postage stamp of Ram Lalla in Laos. The ceremony marked a moment of cultural celebration, emphasizing the historical and spiritual ties between India…

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WAVES

I Am Circular Coffee Table Book: MeitY Launches Sustainable Innovation Initiative in India

Introduction to the ‘I Am Circular’ Initiative On April 23, 2025, the Ministry of Electronics and Information Technology (MeitY), in collaboration with the International Council for Circular Economy (ICCE), launched the ‘I Am Circular’ Coffee Table Book. This visually engaging publication showcases India’s commitment to sustainability and innovation through the lens of the circular economy—a…

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WAVES

Suspension of Indus Waters Treaty: India’s Strategic Move and Its Impact on Pakistan

India Announces Suspension of the Indus Waters Treaty In a significant geopolitical move, India has announced the suspension of the Indus Waters Treaty (IWT) with Pakistan. This development comes amid escalating diplomatic tensions and reflects India’s strategic use of water resources as a tool of geopolitical leverage. The suspension indicates India’s growing discontent with Pakistan’s…

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Cold War secret operations

Operation Tamarisk: The Cold War’s Secret Garbage War – Espionage Through Discarded Documents

Operation Tamarisk – The Cold War’s Secret Garbage War Introduction Operation Tamarisk, a clandestine initiative during the Cold War, sheds light on an unconventional aspect of espionage. Conducted by Western intelligence agencies, including the CIA and MI6, this operation focused on retrieving sensitive information from discarded waste, such as official documents, military plans, and even…

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