RBI’s New Framework for Converting FPI Holdings to FDI The Reserve Bank of India (RBI) recently introduced a new framework to facilitate the conversion of Foreign Portfolio Investment (FPI) holdings into Foreign Direct Investment (FDI). This move aims to attract more long-term investments into the Indian economy and support the growth of businesses. Under this…
India International Trade Fair 2024 Returns to Pragati Maidan The India International Trade Fair (IITF) 2024, one of the country’s largest trade events, is set to return to Pragati Maidan, Delhi, after a hiatus. Organized by the India Trade Promotion Organisation (ITPO), the fair will bring together businesses, entrepreneurs, and global participants. It will be…
Indian Navy Conducts Largest Coastal Defence Exercise – Sea Vigil 24 The Indian Navy recently conducted Sea Vigil 24, the country’s largest coastal defence exercise, aimed at assessing and strengthening the nation’s maritime security. This exercise, which spanned several days, was designed to evaluate the preparedness of India’s coastal security apparatus in protecting its vast…
DRDO Successfully Conducts Maiden Flight Test of Long-Range Land Attack Cruise Missile (LRLACM) Introduction to the Maiden Flight Test of LRLACM On November 12, 2024, the Defence Research and Development Organisation (DRDO) of India successfully conducted the maiden flight test of the Long-Range Land Attack Cruise Missile (LRLACM). This missile test marks a significant milestone…
C-295 Full Motion Simulator Inaugurated at Air Force Station Agra Introduction: Inauguration of the C-295 Full Motion Simulator On November 7, 2024, a significant advancement in Indian Air Force (IAF) training capabilities was marked with the inauguration of the C-295 Full Motion Simulator at the Air Force Station in Agra. The simulator aims to enhance…
NEHDC Announces Mara Kocho as Incoming Managing Director Introduction The North Eastern Handicrafts and Handlooms Development Corporation (NEHDC) has appointed Mara Kocho as its incoming Managing Director. This appointment is a significant development for the corporation, which focuses on the development and promotion of handicrafts and handlooms from the northeastern states of India. Mara Kocho’s…
PM Hails Pankaj Advani’s Success as World Billiards Champion 2024 Introduction: On the international sports stage, Indian sportsman Pankaj Advani has once again made the nation proud. In 2024, Advani clinched the World Billiards Championship title, marking another significant achievement in his illustrious career. The Prime Minister of India, Narendra Modi, praised Advani’s remarkable success,…
British Writer Samantha Harvey Wins Booker Prize for Fiction with ‘Orbital’ Introduction: A Prestigious Literary AchievementSamantha Harvey, a British author, has won the 2024 Booker Prize for Fiction with her remarkable novel Orbital. This prestigious award is one of the most renowned literary accolades globally, recognizing outstanding contemporary fiction. Harvey’s triumph with Orbital is not…
PSBs Post Strong H1 FY25 Growth Driven by Reforms & Technology Public Sector Banks (PSBs) in India have reported significant growth in the first half (H1) of the fiscal year 2025, fueled by several key factors such as structural reforms, technological advancements, and improved operational efficiency. The robust performance of these banks marks a positive…
Power Ministers’ Conference 2024: Advancing India’s Energy Future India’s energy sector took a significant step forward with the Power Ministers’ Conference 2024, a key gathering that brought together policymakers, industry leaders, and experts to discuss the future of energy in the country. The conference focused on sustainable energy solutions, energy security, and climate change mitigation,…
