AWARDS -
* Steel Authority Of India Limited (SAIL) Has Been Adjudged As Circulatory Champion At Outlook Planet Sustainability Summit And Awards 2024.
* NHPC Was Conferred With Roll Of Honour Under PSU AWARD Of The Year 2023 By Dalal Street Investment Journal.
* POWERGRID Team Corporate Has Featured In India's TOP 30 Corporate Communications.
* Adani Solar Power Has Been Recognized As Top Performer For 7th Consecutive Time At 10th Edition Of Kiwa PVEL's PV Module Reliability Score Card.
* Vellyan Subbaih Wins The EY World Entrepreneur Of The Year Award.
( Chairman Of Cholamandalam Finance & Investment)
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* SEBI Bagged Best Conduct Of Business Regulator AWARD 2024.
* Bharat Electricals Limited ( BEL) Has Won Silver AWARD For Implementation ( Digitisation) Of Employee Self Service At ET PSU Leadership And Excellence Award 2024.
* POWERGRID Has Won Silver Award In The Adoption Of AI, Data Analytics And Predictive Technologies Category At The ET Government PSU Leadership And Excellence Award 2024.
MERGING -
* NCLT Approves The Merger Of Air India- Vistara Airlines.
NAVATRATNA STATUS -
* Department Of Public Enterprises Approved The Proposal For Grant Of Navaratna Status To Mazagon Dock.
MINIRATNA -
MIXED -
* Reserves Bank Of India (RBI) Has Moved Back 1 Lakh Kg Gold From United kingdom.
* Tata motors Finance Has Merged With Tata Capital.
* Nederland Became The India's Third Largest Exports Destinations After US And UAE In Financial Year 2023/24.
* Mahindra & Mahindra Became The India's 2nd Largest Auto Manufactured By Market Cap Surpassed Tata Motors.
* India Has Produced Over 40 Quantum Technology Startup In Last Two Years.
* Tata Communication Has Secured 5 Years$250 million Sustainability Linked Loan From ANZ, DBS Bank, Export Development Canada.
* Madhya Pradesh State Government Initiated That Ministers Are Now Pay Their Own Tax.
* WORLD Bank Has Approved $1.5 Billion Aid Towards India's Low Carbon Emission Reforms.
* World Bank Has Granted Funds For Krishna Bhima Stabilization Projects In Maharastra.
( World Bank Will Provide 2328 Crores And State Government Will Provide 1000 Crores)
MAHARASHTRA BUDGET -
* Ajit Pawar Has Announced The Mukhyamantri ANNAPURNA Scheme In Maharashtra Budget.
( Under This Scheme Family Of Five Will Get 3 Free Gas Cylinders)
* Maharashtra State Government Has Introduced The CM LADKI BAHIN Yojana.
* Maharashtra State Deputy Chief Minister Ajit Power Announced Additional Budget Of Rs 6,12, 292 Crores.
( Women Will Receive 1500 Per Month From The Age Of 21 To 60 From July 2024)
HOST -
* 2nd Edition Of Global Conference On Financial Resilience Organised By RBI.
ECONOMY -
* World Bank Released Global Economic Prospect 2024.
( India Became The Steady Economy Nation With 6.7% in Last 3 Financial Year).
* The World Bank Has Revised The India's GDP Growth Forecast to 6.6% From 6.4.
* India's Forex Reserves Touches Another Record Of $ 655.82 Billion As On 7th June 2024.
* India's Goods Exports Touches USD 68.29 billion Till May 2024. ( 61.95 In May 2023)
* India's Wholesale price Index Inflation Rate Rises 2.61% in May 2024.
* Adani Ports And SEZ Becomes World's Largest Transport Operations And Services Company By Market Value In Cargo Volume.
* Gross Direct Tax Collection In FY 2024/25 Grows 22.19%.
* Net Direct Collection For FY 2024/25 Grows 20.99%
* The Marine Product Exports Development Authority (MPEDA) Has Exported 17,81,602 Metric Tonnes Of Sea Food Worth Rs 60,523 Crores In 2023/24. ( Andhra Pradesh Contributed 32%).
* Finance Minister Nirmala Sitharaman Has Recived a Dividend Cheque Of Rs. 857.16 Crores For FY 2023/24 From Shri Nidhu Saxena, MD & CEO Of Maharashtra Bank.
* Finance Minister Nirmala Sitharaman Has Recived a Dividend Cheque Of Rs. 6959.29 Crores For FY 2023/24 From SBI.
* IREDA Sanctioned Rs 37354 Crores In Loans And Disbursed Rs 25,089 Crores in Financial Year 2024.
* INDIA Exports Aluminium To Russia For The First Time. (44.8 k Tonne Sold)
* Reliance Industry Has Became The First Indian Company To Cross Market Cap Of Rs 21 Lakh Crores.
BANKING -
* Reserve Bank Of India (RBI) Has Increase Its Annual Income By 17% In Financial Year 2023/24 ( 2,75,532.32 Crores).
* Government Fiscal Deficit For Financial Year 2024 Closes At Rs 16.53 Lakh Crores.
* India Achieved 8.2% GDP Growth In Quarter 4 In Financial Year.
* State Bank Of India (SBI) Market Cap Crossed 8 Lakh Crores Stock, Highest Ever.
* SEBI Launched SAARTHI 2.0 For Investor Financial Literacy Application.
* NPCI International Payments Has Partners With Central Reserve Bank Of Peru To Deploy A UPI Like Instant Payment Service in Peru.
( Peru Became The First South American Country To Join UPI)
* The Assam Cabinet Has Approved Raising Rs 634.35 Crores Loan From The NABARD For Infrastructure Projects.
* Reserves Bank Of India (RBI) Has Launched Its Third Global Hackathon HaRBInger 2024.
* RBI Rejects The Reappointment Of Raj Kumar Bansal As MD & CEO Of Edelweiss ARC.
* Samsung Partners With Paytm To Bring Travel And Entertainment Service To Samsung Wallet in India.
* RBI Approved The Aurion Pro Solutions Auro Pay.
* SBI Has Launched SME Digital Business Loan.
* RBI Cancel License Of Purvanchal Cooperative Bank.
* National Stock Exchange ( NSE) Has Launched Nifty India Tourism Index
* Sensex Crosses The 79000 Mark For The First Time In Stock Market.
PORTAL, APP -
* Flipkart Launched Its Own UPI APP - Super Money.
BI- MONTHLY MONETARY POLICY -
* Resreve Bank Of India ( RBI) Keeps Repo Rate Unchanged ( 6.5%) in Bi Monthly Monetary Policy.
* Standing Deposit Facility ( SDF) Remains Unchanged. ( 6.25%)
* Marginal Standing Facility ( MSF) Rate ( 6.75%)
* Bank Rate ( 6.75%)
LAUNCHED -
* Adani One, ICICI Bank Has Launched Co Branded Credit Card With Airport Linked Benefit.
* National Highway Authority Of India (NHAI) Has Unveiled The New Corporate Identity Of National Highways Infra Trust. (NHIT) With The New Logo
*
FINANCE -
* Central Government Has Raised Retirement And Death Gratuity Limits To Rs 25 Lakh.
* Gautam Adani Overtake Mukesh Ambani As Asia's Richest Person According To Bloomberg Index
* India Government Has Collected 1.73 Lakh Crores GST in May 2024.
* UPI Crossed RS 20 Lakh Crores Monthly Transaction In May 2024.
* INDIA Received Highest foreign Direct Investment (FDI) From Singapore in Financial Year 2023/24
( Mauritius in Second Position)
* National Stock Exchange (NSE) Has Recorded Highest Ever Transaction On 5th June ( 1971 Crores). ( 19.71 BILLION ORDERS AND 280.55 Millions Trade)
* Nvidia BECAME The First Computer Chip Company Ever To Hit $3 Trillion in Market Capitalization.
* Morgan's Stanley Forecast For GDP Growth In INDIA for 2024 is 6.8%.
* India's Foreign Exchange Reserves Touches Another Feet 651.5 Billion Dollars.
* Adani Airport International Cargo Tonnage Amounted To 6.6 Lakh Metrics Tonne.
* Union Government Has Released Rs. 1.39 Lakh Crores Instalment Of Tax Devolution To States.
* 53rd GST Council Meeting Will Held At New Delhi On 22nd June 2024.
* Srilanka Cricket Legend Mutthai Muralitharan has To Invest 1400 Crores To Set Up a Beverage Unit And Confectionery Unit In Badanaguppe, Karnataka.
* RBI Announced The SAARC Currency Swap Framework For Period Of 2024-2027.
( Total Corpus Of SAARC Rupee Swap Window is 250 Billion)
PROJECTS -
* JSW Energy Is Setting Up India's Largest 25 Megawatt Green Hydrogen Projects In Karnataka.
* GAIL India Will Set Up Ethane Cracker Project In Madhya Pradesh Sehore District At 60,000 Crores.
MOU SIGNED -
* Nokia Partners With Gati Shakti Vishwavidyalaya For Joint Research On 5G/6G Communication.
* Punjab National Bank And INDIA Infrastructure Finance Company Signed MoU To Offer Long Term Financial Assistance For Infrastructure Objects.
* Defense Account, Ministry Of Defense Has Signed MoU With Bank Of India, Canara Bank, Central Bank Of India, Utkarsh Small Finance Bank As SPARSH Service Centres Across 1128 Branches Nationwide.
* Haladia Petrochemicals Has Signed MoU With QATAR Energy For Long Term Naptha Deal.
* A MoU Signed Between Ministry Of External Affairs, Government Of India And State Bank Of India To Provide An Additional Digital Payment Services Of The SBI Through Payment Gateway SBIePay To Indian Migrant Workers, Recruiting Agents Through Migrate Portal.
* Indian Computer Emergency Response Team (India CERT) And MasterCard Signed MoU For Collaboration In Cyber Security In Financial Sector.
* Indian Post Payment Bank Has Inked With Ria Money Transfer For Remittance Service Across Rural INDIA.
* SJVN Green Energy Has Signed MoU With AM Green Ammonia
* India's Pharmaceutical Alliance Has Collaborates With Global Pharmaceutical Association To Set Up Pharma Academy For Global Excellence In Ahmedabad.
* Central Bank Of India Signed a Strategic Co-Lending Partnerships With Grihum Housing Finance To Host offer MSME Loans.
PRODUCTION -
* India's Coal Production Increases At 7.5% (Produced 59.9 MT).
APPOINTMENTS -
* Harsh Baweja Has Been Appointed As The Director & CFO (FINANCE) Of REC Limited
* Indian Origin Anant Yardi, An Alumni's Of IIT Delhi Has Been Appointed As CEO Of We Have Work.
* Bruno Schenk Has Been Appointed As The Country Head And Managing Director For Switzerland, WIPRO.
* Gaurav Banarjee Has Been Appointed As The New CEO Of Sony India.
* Navneet Munot Has Been Re-appointed As The MD & CEO Of HDFC AMC Board For Next 5 Years.
* Srinivas Sadu Has Been Appointed As The Executive Chairman Of Gland Pharma
* Sameer Bansal Has Been Appointed As MD & CEO Of PNB Metlife.
* Mukesh Kamath Has Been Appointed As The Interim Chief Financial Officer Of Biocon.
* Kedar Lele Has Been Appointed As The MD Of Castrol India For Next 5 Years.
* Krishnan Seshadri Has Been Appointed As The Executive Director Of DCB Bank.
* Swetha Sagar Has Been Appointed As The Manager Of Butterfly Gandhimathi For 5 Years.
* Jyothi Vij Has Been Appointed As The Director General Of FICCI.
* Abhijit Kishore Has Been Appointed As The Chief Operating Officer (COO) Of Vodafone Idea.
* Devang Pravin Patel Has Been Appointed As The CFO Of Jaypee infratech.
* Paul M Nakasone Has Been Appointed As The Board Of Directors Of Open AI.
* Sanjeeb Chaudhari Has Been Re-appointed As The Part-Time Chairman Of IDFC First Bank.
* Manoj Dobhal Has Been Appointed As The Whole Time Director Of Dishtv India.
* Dipanjan Banarjee Has Been Appointed As The Chief Commercial Officer Of BlueDart.
* Dolphy Jose Has Been Appointed As The New Executive Director Of South Indian Bank For 3 Years.
* Abdel Aziz Toumi Has Appointed As CFO Of Lupin Manufacturing Solution.
* Rajeev Agarwal Has Been Appointed As The Non Executive Independent Director Of Paytm For 5 Years.
* Ajith Kumar KK Has Been Appointed As The MD & CEO Of Dhanlaxmi Bank For 3 Years.
* Mukund Galgali Has Been Appointed As The CFO Of Zee Entertainment.
* Rajesh Dwivedi Has Been Appointed As CFO Of BHEL.
* Vikas Rana Has Been Appointed As The Head Of Construction Finance Of PNB Housing Finance.
* S Anantharaman Has Been Appointed As The Group Chief Risk Officer Of Jio Financial Service.
* Manoj Jain Has Been Appointed As The Chairman And MD Of BEL. ( Bharat Electricals Limited)
* Devendra Kumar Has Been Appointed As The CFO of ONGC Board.
* Arvind Kumar Talan Has Been Appointed As The CFO Of Energy Efficiency Services.
* Dinesh Chandra Agarwal Has Been Appointed As THE MD & CEO Of India Mart For Next Five Years.( from January 2025)
* Jeegar Shah Has Been Appointed As The CFO Of Citi.
* A Balasubramaniam Has Been Reappointed As The Managing Director Of Aditya Birla Sunlife For Next 3 Years.
* SN Subramaniyam Has Been Appointed As The Non Executive Chairman Of LTI MINDTREE.
* Anuj Tyagi Has Assumed As The MD & CEO Of HDFC Ergo From 1st July 2024.
* R Balaji Has Been Appointed As The MD & CEO Of PTC India Finance Board.
* Mohandeep Singh Has Been Appointed As The Additional Director, MD & CEO Of Jubilant Industries.
* Gautam Hari Has Been Re-appointed As MD Of Raymond.
* Rupam Barua Has Been Appointed As The CFO Of Oil India.
*) Anil Kumar Mungad Has Been Appointed As The CFO Of Alok Industries.
* Reva Sethi Has Been Appointed As The CFO Of HUDCO Board Of Directors.
* Ankit Todi Has Been Appointed As The New Group Chief Sustainability Officer Of Mahindra GROUP.
* Rohit Bhasin, Punit Sood Set To Appointed As Independent Director Of ICICI BANK.
* Challa Sreenivasulu Setty Set To Be The Next Chairman Of State Bank Of India (SBI).
INAUGURATION -
* CBIC Chairperson Inaugurated The GST Bhawan At Rohtak, Haryana.
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