“Pradhan Mantri Mudra Yojana (PMMY) Loans Witness 23% Disbursal Increase in Q1 FY24” The Pradhan Mantri Mudra Yojana (PMMY) has been instrumental in providing financial support to aspiring entrepreneurs and small business owners across the country. In a positive development, the PMMY loans have witnessed a remarkable 23% increase in disbursals during the first quarter…
“FDI in Developing Asia Remains Flat at $662 Billion in 2023” Foreign Direct Investment (FDI) plays a crucial role in the economic growth and development of any country. In the latest World Investment Report 2023, it has been revealed that FDI inflows in developing Asia remained stagnant at $662 billion in the year 2022. This…
Chartered Accountants Day 2023 Celebrations Chartered Accountants Day is an important event celebrated annually on July 1st to recognize and honor the contribution of chartered accountants in the financial sector. This day holds significance for students preparing for government exams, including positions such as teachers, police officers, banking, railways, defence, and civil service positions like…
Centre Allocates ₹145 Crore to Nagaland for Unity Mall The central government has recently announced the allocation of ₹145 crore to Nagaland for the development of Unity Mall. This significant step aims to boost the infrastructure and economic growth of the state. The funds provided will contribute to the establishment of a modern shopping complex…
India Conducts Asia’s First Demonstration of Performance-Based Navigation for Helicopters Performance-Based Navigation for Helicopters | India recently achieved a significant milestone in aviation technology by conducting Asia’s first demonstration of Performance-Based Navigation (PBN) for helicopters. PBN is a satellite-based navigation system that enhances the safety and efficiency of air travel. This demonstration marks a major…
Understanding Green GDP: Balancing Economic Growth with Environmental Sustainability Introduction: In recent years, the concept of Green GDP has gained significant attention as countries around the world grapple with the challenges of achieving sustainable development. Green GDP aims to measure economic growth while taking into account the environmental impact of economic activities. This article explores…
BRICS Foreign Ministers Meeting Starts in Cape Town: Local Currency Trade Likely on Agenda The BRICS Foreign Ministers Meeting recently commenced in Cape Town, South Africa, with the primary objective of strengthening cooperation and addressing key issues among the member countries. BRICS, an acronym for Brazil, Russia, India, China, and South Africa, represents a significant…
ADB Loan and India Sign $141.12 Million Loan for Industrial Corridor Development in Andhra Pradesh The Asian Development Bank (ADB) and the Government of India have recently signed a loan agreement worth $141.12 million for the development of an industrial corridor in Andhra Pradesh. This strategic partnership aims to boost economic growth, enhance regional connectivity,…
R. Dinesh Appointed as CII President for 2023-24 R. Dinesh, a prominent business leader, has been appointed as the President of the Confederation of Indian Industry (CII) for the term 2023-24. This significant development in the corporate sector holds great importance for students preparing for government exams, including those aspiring for positions such as teachers,…
Wealth-X City | New York City Tops the List of World’s Wealthiest Cities 2023 New York City has emerged as the world’s wealthiest city in 2023, according to a report by Wealth-X. The report analyzed the wealth of individuals residing in cities around the world and ranked them based on their collective net worth. New…
