National: The Godrej family, founders of the 127-year-old Godrej Group, decided to split their business empire on April 30, 2024. The conglomerate was divided into two main entities: Godrej Enterprises Group (GEG) and Go…
2 May 2024
Current Context: The Gross Goods and Services Tax (GST) collections in India did hit a record high in April 2024. The collection reached a staggering amount of Rs 2.10 lakh crore, marking a significant 12.4% year-on-yea…
Current Context: The Indian Space Research Organisation (ISRO) has indeed released the Indian Space Situational Assessment Report (ISSAR) for 2023 on 2nd May 2024. This report assesses the vulnerability of space assets t…
Current Context: World Tuna Day, observed annually on May 2nd, was established by the United Nations to raise awareness about the importance of tuna and to promote sustainable fishing practices. The day was proposed by t…
Current Context: The Reserve Bank of India (RBI) released an updated Guidance Note on Operational Risk Management and Operational Resilience for lenders on May 1, 2024. This note aligns RBI's regulations with interna…
Current Context: The Reserve Bank of India (RBI) has indeed cancelled the licence of Acemoney India Limited, a non-banking financial company (NBFC). The cancellation was due to irregular lending practices and violation o…
1 May 2024
National: On 30 April 2024, India and Croatia held the 11th session of Foreign Office Consultations in New Delhi. The session was led by Shri Pavan Kapoor from India and Dr. Petar Mihatov from Croatia. They reviewed bilat…
Current Context: On April 30, 2024, the Securities and Exchange Board of India (SEBI) made a significant change to the investment norms for non-resident Indians (NRIs) and Overseas Citizens of India (OCIs). They are now …
Current Context: International Labour Day, also known as International Workers’ Day or May Day, is celebrated annually on May 1st. This day is a tribute to the contributions and achievements of workers worldwide. The root…
Current Context: On 29th April 2024, THDCIL - UJVNL Energy Company Limited (TUECO), a Joint Venture of THDC and UJVN Ltd, signed a Memorandum of Understanding (MoU) with Nagar Nigam Haridwar to establish a Waste to Gree…
Current Context: The United Nation’s First International Conference on Digital Public Infrastructure (DPI) was held on Thursday, April 28, 2024, in New York, USA. The conference was organized by the Permanent Mission of …
Current Context: The Reserve Bank of India (RBI) announced an 8% interest rate on the Floating Rate Savings Bond (FRSB) 2034 on 29th April 2024. This special type of bond issued by the Government of India matures in 2034…