JANUARY -
* India's Forex Reserves Rose By USD 58 Billion in 2023.
* NTPC Limited Gets Certified As The TOP Employer In 2024.
* India Post payment Bank Payment Has Completed 8 Crores Customers.
* The Wholesale Price Index (WPI) For The December Was 0.73%.
* India Overtakes Hong Kong As World's 4th Largest Stock Market By Market Capitalisation. ( US, CHINA, JAPAN, INDIA)
* Life Insurance Corporation Of India (LIC) Has Overtaken SBI, Became The Most Valuable PSU Of 5.8 Lakh Crores.
* China Has Issued 1.8 Lakhs Visas For Indian In 2023.
* State Bank Of India ( SBI) Has Featured Among The Top 25 Strongest Brands Globally For 2024.
* The Director General Of Civil Aviation (DGCA) Imposed A Penalty Of 1.1 Crores On Air India For Violation.
* National Statistical Office (NSO) Published The Employment Outlook Of The Country From 2017 To 2023.
* HDFC Bank Became The India's First Bank To Issue 20 Million Active Credit Cards.
* Fincare Small Finance Bank Has Received The CCI's Approval For Its Merging With AU Small Finance Bank.
* The Reserve Bank Of India ( RBI) Has Approved a Proposal Of LIC To Acquire Up To 9.99% Stake In HDFC Bank.
* United States Embassy In India Processed 1.4 Millions Visas In 2023.
* 1,64,862 Lakhs Crores GST Collected By Government in December 2023.
* According To NSO (National Statistical Organisation) has Estimated India's GDP For 2023-24 is 7.3%.
* WORLD Bank Has Approved Financial Assistance Of 2328 Crores To Develop Infrastructure To Divert Flood Water From Western Maharashtra To Marathwada.
* According To NSO Statistics India's Retail Inflation 5.69% In December 2023.
* KRUTRIM AI - Is The India's First Artificial Intelligence (AI) Unicorn. TO CROSS 1 Billion.
HOST -
* Guwahati,Assam Host The Regional Conference On e-Governance.
NEW LAUNCHED -
* Flipkart Co-founder Binny Bansal Has Launched A New Startup Opp Door.
* Indusland Bank Has Launched The SAMMAN RUPAY Credit Card.
* India's First Growth Liquid Exchange Traded Fund Has Launched By Zerodha Fund House.
* State Bank Of India Has Launched The Green Rupee Term Deposit Scheme.
* Union Minister Rao Inderjit Singh Launched The MPLADS E-SAKSHI Mobile Application For The Revised Fund Flow Procedure.
APPOINTMENTS -
* Former Vice Chairman Of NITI Ayog Dr. Arvind Pangariya Has Been Appointed As The Chairman Of 16th Finance Commission.
* Nadia Calvino Became The First Woman President Of European Investment Bank.
* G Ram mohan Rao Has Been Appointed As The Executive Director Of SEBI.
* Vikas Sheel Has Been Appointed As The Executive Director Of Asia Development Bank.
* Sanjiv Agarwal Has Been Appointed As The MD & CEO of Investment And Infrastructure Fund Limited (IIFL).
* Rajiv Shah Has Been Selected Board Of Directors Of The Federal Reserves Bank Of New York.
* Phone Pe Has Appointed Ritesh Pai As Its CEO.
* Dr Michael Debabrata Patra Has Been Reappointed As The Deputy Governor Of RBI.
* Manish Jain Has Been Appointed As MD Of Experian In India.
* Dr Prasanna Kumar Acharya Has Been Appointed As The New Finance Director Of NLC India.
* Praveen Achuthan Kutty Has Been Appointed As MD & CEO Of DCB Bank.
AWARDS-
* State Bank Of India Chairman Dinesh Kumar Khara Has Awarded With Indian Of The Year Award By CNN 18.
* REC Wins ICAI Award For Excellence In Financial Reporting For Financial Year 2022/23.
* Vice President Jagdeep Dhankar Has Presented The SCOPE Award To Public Sector Enterprises At Delhi.
* NHPC Limited A Hydropower Company Has Been Awarded SCOPE's Commendation Certificate In The Category Of Effective Implementation Of RTI Act.
* REC Limited Has Been Honoured With Prestigious SCOPE EXCELLENCE Award In The Category Of Special Institutional Category ( Digitization)
MOU SIGNED -
* Indian POST Payment Bank (IPBP) Have Signed MoU With Hindustan Zinc To Offer Financial Inclusion Services To CSR Beneficiaries.
* Google Signed MoU With NPCI ( National Payment Corporation Of India) Expand UPI Service Beyond INDIA.
FEBRUARY -
APPOINTMENTS -
* Former Expenditure Secretary Ajay Narayan Jha & SBI Group Chief Economic Advisor Soumya Kanti Ghosh Have Been Appointed As Full Time Members Of 16th Finance Commission.
* Former Special Secretary, Expenditure Dr. Annie George Mathew & Executive Director, Artha Global Dr. Niranjan Rajadhyaksha Have Been Appointed As Full Time Member.
* Shri Pawan Kumar Assume As Charge Of Chief Advisor (Cost) In Department Of Expenditure Under Ministry Of Finance.
* Suresh Venkatachari Has Been Appointed As The CEO Of Secure KLOUD.
* Mio Oka Has Been Appointed As The New Country Director For India By Asian Development Bank ( ADB).
* Ravi Kumar Jha Has Been Appointed As The MD & CEO Of LIC Mutual Fund Asset Management Limited.
* H Venkatachalam Iyer Has Been Appointed As The MD & CEO Of TATA AIA Life.
* Naveen Tahilyani Has Been Appointed As The MD & CEO Of Tata Digital.
* Mukesh Kumar Agarwal Has Taken Charge Of Director( Finance) COAL INDIA LIMITED ( COL).
* Ajay Kumar Chaudhary Has Been Appointed As Non Executive Chairman Of NPCI.
* 2002 Batch IAS Officer Krishan Kumar Has Been Appointed As Managing Director Of National Highways & Infrastructure Development Corporation Limited ( NHIDCL).
* Ranjeet Kumar Agarwal Has Been Appointed As The President Of Institute Of Charted Accountant Of India (ICAI).
* 1988 Batch IRS SANJAY Kumar Has Been Appointed As The Member Of Central Board Of Taxes (Audit & Judicial).
* Carepal Money Appoints Sahil Lakshmanan As Chief Business Officer.
* IES Bhumika Verma Has Been Appointed As The Director In The Department Of Expenditure Under The Ministry Of Finance.
* Wencai Zhang Has Been Appointed As The MD & Chief Adminstrative Officer Of World Bank Group.
AWARDS -
* REC Wins Best Green Bond- Corporate Award At The Asset Triple A Awards For Sustainable Finance 2024.
* Defense Minister Rajnath Singh Honoured Dr. Bina Modi With Outstanding Business Woman Of The Year 2023 Award.
* Best Agrolife Clinched Most Innovation Campaign And Product Development Award At PMFAI SML Agchem Awards 2024.
* South Indian Bank Has Won The Best Technology Bank Of The Year Award At 19th IBA Annual banking Technology Conference.
* REC Limited, a Maharatna Company Has Been Honoured With The Innovative Technology Development Award At The Building India 2047: Technology For Better Tomorrow.
* Government Of India Collected 1,72,129 Lakh Crores GST Collected In JANUARY 2024.
* Reserve Bank Of India ( RBI) Declared Paytm Payment Bank Debarred From The Financial Services.
* 10.4% Growth On GST Collection According 2023 As Of 2024 January.
* International Monetary Fund (IMF) Forecast India's GDP Will Be 6.5% in 2024.
* UPI Transaction Records 12.20 Billion In January 2024.
* In Union Budget 2024/25 Finance Minister Nirmala Sitharaman Announced Free Cervical Cancer Treatment For Age Between 9-15 Girls.
* RBI Approved HDFC Bank's Proposal To Acquire 9.5% In Indusland Bank And Other 5 Banks.
* Reserve Bank Of India Canceled The Licence Of Jai Prakash Narayan Nagari Sahakari Bank In Maharashtra.
* Tata Group Becomes The First Indian Conglomerate To Cross Rs. 30 Lakhs Crores Market Cap.
* Reserve Bank Of India ( RBI) Keep Rep Rate Unchanged For The Sixth Straight Quarter for 6.5%.
* MSF And Bank Rate Are 6.75%.
* Indian Renewable Energy Development Agency ( IREDA) Has Received Approval From RBI To Set Up In GIFT City, Gujarat.
* Gujarat State Government Presented 3,32,465 Crores Budget For Financial Year 2024/25/.
* Telengana State Government Has Presented Its Budgets Worth RS 2,75,891 Crores.
* EPFO Has Increases The Interest Rate On Deposit From 8.15% To 8.25%.
* India's Index Of Industrial Production Grows By 3.8% In December 2023.
* India's Retail Inflation Declined From 5.7% To 5.1% In January 2024.
* Reliance Industries Became The First Indian Company To Hit The Market Cap Of 20 Lakh Crores.
* Paytm E-commerce Has Rebranded Itself As PAI Platform.
* Germany Overtaken Japan As World's Third Largest Economy.
* The Ministry Of Defense Has Achieved a Milestone Becoming The Only Ministry To Cross The 1 Lakh Crores Gross Merchandise Value Of Procurement Through The Government E Market place Since 2016.
* Supreme Court Has Declared Electoral Bonds Are Unconstitutional.
* UAE Has Linked Their AANI Platform With India's UPI Platform
* Reliance Topped As Most Valued Indian Company At The 2023 Burgundy Private Hurun India 500 List.
* RBI Imposes Penalties On SBI, Canada Bank And Ocean Capital Market Limited For Non-compliance
LAUNCHED -
* Japanese Third Largest Bank Mizuhu Financial Service Has Established A Global Capability Centre In Chennai.
* India Launched The Unified Payment Interface (UPI) At The Eiffel Tower, Paris.
* Prime Minister Narendra Modi, President Of Srilanka Ranil Wickremesinghe AND Prime Minister Of Mauritius Pravindh Jugnauth Witnessed The Launch Of UPI Service In Srilanka And Mauritius.
* Union Health Minister Mansukh Mandaviya Launched AIIMS-SBI Smart Payment Card In AIIMS New Delhi.
* Prime Minister Narendra Modi and UAE Signed Agreement On Interlinking Domestic Debit, Credit Card, Rupay Card With JAYWAN (UAE).
* Phone Pe Launched Indus App store, an Indigenous App Store.
MOU SIGNED -
* Government Of India And Asian Development Bank( ADB) Signed $ 200 million Loan To Tackle Flood And Erosion Risk Along Brahmaputra River.
* Terms Of Reference Signed Between Reserves Bank Of India (RBI) And Nepal Rasthra Bank On Integration Of Unified Payment Interface (UPI) Of India-With National Payment interface (NPI) Of Nepal For Cross Border Remittance.
* IREDA And Punjab national Bank Have Signed MoU To Establish Finance Projects On Green Energy.
* Department Of Fisheries Have Signed MoU With Open Network For Digital Commerce ( For Digital Marketing)
* IEPFA And DBS Bank Has Signed MoU To Spread Awareness On Investment And Fraudulent Schemes.
* Uber Signed MoU With Open Network For Digital Commerce (ONDC) For Multiple Ranges Of Mobility Offers.
RANKING -
* Mukesh Ambani, Chairman And Managing Director Of Reliance Industries Limited Has Been Ranked FIRST Among Indians And Second Globally In The Brand Guardianship Index 2024.
UNION BUDGET -
* India's Defense Budget For 2024-25 Grows By 26000 Crores To 6.2 Lakh Crores In 2024 Union Budget Given By Finance Ministry.
* Introduction Of Updated Income Tax Returns, a New Form 26AS And Prefilling Of Tax Returns.
* Uttar Pradesh State Announced Budget For 2024/25 Rs 736,438 Crores.
* Uttar Pradesh State Government Delivered The Budget For 2024/25
* 22000 Crores For Jal Jeevan Mission
* 2881 Crores For State Highways
* 2057 Crores For Ganga Expressway
* 3000 Crores For Noida Airport
* 914 Crores For Delhi Meerut RRTS
* 395 Crores For Kanpur Metro
* 150 Crores For Ayodhya Airport Phase 2
* 346 Crores For Agra Metro
* 1750 Crores For Religious Corridor
* 2500 Crores For Mahakumbh
* 100 Crores For NLU, Prayagraj
* 575 Crores For Purvanchal Vikas Nidhi
* 425 Crores For Bundelkhand Vikas Nidhi
* 1000 Crores For Airstrips
* 800 Crores For Green Road
* 100 Crores For Agri University
* 400 Crores For New Medical Colleges
* 500 Crores For New Link Expressway
* West Bengal Has Presented The Budget Of Rs. 3,66 Lakh Crores For Financial Year 2024/25.
* Karnataka Chief Minister Siddharamaih Presented The State Budget Of Rs 3,71,383 Crores.
* Himachal Pradesh CM Sukhwinder Singh Sukhu Has Presented The State Budget Worth Rs 58,444 Crores For 2024/25.
* Haryana Chief Minister Manohar Lal Khattar Presented The Budget Of 1,89,876 Crores For FY 2024/25.
* Uttarakhand Finance Minister Presented The State Budget Worth Rs 89,230 Crores.
* The Jharkhand State Government Has Presented Rs 1,28 Lakh Crores Budget For FY 2024/25.
* Maharastra Finance Minister Ajit Pawar Presented Rs 6,00,522 Crores For FY 2024/25.
MARCH -
*LAUNCHED-
* Union Finance Minister Nirmala Sitharaman Has Launched Electronics Data Interchange (EDI) At Remote Land Custom Station In Northern States.
* Union Home Minister Amit Shah Launched National Urban Cooperative Finance And Development Corporation (NUCFDC) The Umbrella Organisation For The Urban Cooperative Banks.
* Union Home Minister Amit Shah Inaugurated The National Cooperative Database & Unveiled Report in Delhi.
* NPCI India And Fonepay Payment Service Limited, Nepal Largest Payment Bank Announced UPI Service For Cross Border Transaction Between Two Nations.
* Indusland Bank Has Launched India's First Contactless Payment Wearable INDUS PAYWEAR.
* The FINANCE Ministry Notified The Issuance Of A Special Commemorative Coin Of Rupee 90 Denomination To The Mark Completion Of 90 Years Of RBI.
* India's GDP GROWTH In 8.4% In 3rd Quarter In 2023/24.
* 1,68,337 Crores GST Collected In Month Of February By India Government.
* The Financial Intelligence Unit India (FIU-IND) Has Fined Rs 5.49 Crores Penalty On Paytm Payment Bank.
* Gross GST Collection Rises 12.5% To Rs 1.68 Lakh Crores in February 2024.
* REC Limited Has Successfully Listed Two Bonds On National Stock Exchange (NSE) And BOMBAY Stock Exchange (BSE) 2500 Crores Each For 10 Years.
* Reserve Bank Of India (RBI) Allows Nepal Account Holder's To Can Send Upto 2 Lakh Per Transaction Per Day Limit in UPI.
* Nvidia Surpassed Saudi Aramco To Become Third Largest Company In The World Market Cap.
* Maharashtra Shares 15.4% Income Tax Prayers In Financial Year 2023.
* Flipkart Launched Its Own UPI Handle in Association With Axis Bank.
* CCI Approved The Merger Of a Financial Technology Company GARAGEPRENEURS Internet Private Limited With The North East Small Finance Bank.
* Government Of India And Asian Development Bank (ADB) Has Signed USD 23 Million Loan Agreement To Strengthen The Fintech Ecosystem in India.
* Paytm Gets The NPCI Approval To Become Third Party UPI App.
* Shipping Corporation of India Land And Asset Limited ( SCILAL) Get Listed On Bombay Stock Exchange (BSE).
* India Registered Growth Of 18.74% In Gross Direct Tax collection For Financial Year 2023/24.
* UPI Transaction Worth Rs 18.2 Lakh Crores Made In February 2024
* Mumbai Overtakes Beijing To Becomes Asia's Billionaire Capital. And 3rd in World
* 19.88% in Net Direct Tax Collection
* India's Current Account Balance Records A Deficit Of USD 10.5 Billion ( 1.2% GDP) In Quarters 3 2023/24.
* Life Insurance Corporation Of India (LIC) Has World's Strongest Insurance Brand In 2024 By Brand Finance 2024 Report.
* Government e Marketplace (GeM) Has Crossed 4 Lakh Crores In Gross Merchandise Value (GMV) In The Fiscal year.
APPOINTMENT -
* Vipul Chandra Appointed as CFO Of LTI Mind tree.
* Dhanraj T Has Been Appointed As The Executive Director Of INDIAN Overseas Bank.
* Brijesh Kumar Singh Has Been Appointed As The Executive Director Of INDIAN Bank.
* Sugata Ghosh Dastidar, Controller General Of Defense Account Appointed As The Financial Adviser ( Defense Services) In The Ministry Of Defense.
* Poonawalla Fincorp Appointed Arvind Kapil As Its New Managing Director And CEO.
* Jaideep Hansraj Has Been Appointed As The President Of One Kotak.
* Girija Subramaniam Has Been Appointed As CMD Of The New India Assurance Company.
* M V Rao Has Been Elected As The Chairman Of Indian Bank Association (IBA).
* Bhupesh Sushil Rahul Has Been Appointed As The Chairman And MD Of United India Insurance Company (UIIC).
* Bikram Ghosh Has Been Appointed As The New Director Of ( Finance) Western Coalfields Limited ( WCL).
* Vikash Kumar Has Been Appointed As The Deputy Secretary , Ministry Of Finance.
* Nidhu Saxena Has Been Appointed As The NEW MD & CEO Of Bank Of Maharashtra.
MoU SIGNED-
* Reserve Bank Of (RBI) And Bank Of Indonesia Have Signed MoU To Promote Use Of Local Currencies For Bilateral Transactions.
* The Department Of Industries, And Commerce Government Of Nagaland Has Signed MoU With YES Bank And Sellmetric Private Limited At Kohima.
( Aim To Digitize Sales, Entrepreneur, Small Farmer, Open Network Digital Platform)
HOST-
* Union Finance Minister Nirmala Sitharaman Has Inaugurated India's FIRST Ever National Conference Of Enforcement Chiefs Of The States And The Central GST Formation In New Delhi.
* Competition Commission Of India (CCI) Host The 9th National Conference On Economics Of Competition Law.
Topic For 2024 - Artificial Intelligence : Challenges And Opportunities
* Union Finance Minister Nirmala Sitharaman Has Inaugurated a Credit Outreach Programme At the Jai Prakash University Campus, Chapra
MOU SIGNED -
* MOU Signed Between Greek Bank With Indian UPI Owned NPCI To Avail UPI Facility In Greece.
AWARDS -
* Sachin Salunkhe, Has Received The Promising Investor For The Year 2024 Award.
* Reserves Bank Of India (RBI) Has Been Selected For The Risk Manager Award By Central Banking Award, London.
* State Bank Of India (SBI) Has Conferred With Company Of The Year Award At ET Award For Corporate Excellence 2023.
* RAZORPAY Awarded Best Fintech Company At Business Today And KPMG's Award 2024.
NEWLY -
* GRID CONTROLLER OF INDIA, Limited (GRID-INDIA) Has Conferred With The Status Of Miniratna Category-1 Central Public Sector Enterprise (CPSE).
APRIL -
* From 1st APRIL 2024, The New Tax Rule Will Implement.
* Up to 3 Lakh - Zero Tax
* 3-6 Lakh - 5%
* 6-9 Lakh - 10%
* 9-12 Lakh - 15%
* 12-15 Lakh - 20%
* 15 Lakh+ - 30%
* India's Gross Goods And Service Tax Collected 1,78,484 Lakh Crores In March 2024.
( 12.5% Of February 2024)
* Paradip Port (Odisha) Has Become The Highest Cargo Handling Major Port In India Overtaking Kandla Port With 145.38 MMT Cargo In Financial Year 2023/24.
* World Bank Projects Indian Economy To Grow At 7.5% In 2024.
* National Stock Exchange (NSE) Introduced Four New Indexes With Effect To 8th April 2024.
( NIFTY TATA CAP 25)
(Nifty Multi Mfg)
( Nifty Multi Infra)
( Nifty Mid Sml Hlth).
* Jawaharlal Nehru Port Authority (JNPA) Has Achieved Records Highest Ever Throughput Of 6.43 Million TEUs In Financial Year 2023/24.
* Reserve Bank Of India ( RBI) Governor Shaktikanta Das Presented The First Bi-Monthly Monetary Policy Of Financial Year.
* REPO Rate Remains Unchanged At 6.5%.
* CPI Inflation For The Current Financial Year 2024/25 Is Projected At 4.5%.
* Real GDP Growth For Current FY 2024/25 Is Projected At 7%.
* Marginal Standing Facility Rate & Bank Rate Remains At 6.75%.
* Standing Deposit Facility Rate Remains Same At 6.25%.
* India's Forex Reserves Reached All Time Highest Of USD 645.6 Billion As Of March 29th 2024.
* Reserves Bank Of India (RBI) Declared Approximately 50 Lakhs Users Using The Central Bank Digital Currency (CBDC).
* 199.89 Trillion Transaction Done Through UPI In Financial Year 2023/24.
* HDFC Became The First Private Bank To Open Branch In Lakshadweep.
* IndiGo Has Became The World's Third Largest Airline By Market Capital.
* ASIAN Development Bank Has Forecast India's Growth In 2024 7.0% & 7.2% in 2025 Respectively.
* India's Index Of Industrial Production Grows By 5.7% In February 2024.
* Singapore Retained The Top Spot For The Best Place To Conduct Business For The 16th Consecutive Year Reported By EIU.
* Byjus CEO Arjun Mohan Resigned From The Post.
* India's Overall Exports Are Estimated To Reach 776.68 Billion Dollars, In The Financial Year 2023/24.
* International Monetary Fund ( IMF) Projected India's Economic Growth To 6.8% In 2024.
* India Exported Record Of 48.86 Tonnes Of Oil Meal In Financial Year 2023/24.
* Reserve Bank Of India (RBI) Has Banned Bank Of Baroda World App.
* India's Net Direct Tax Collection Estimated For Financial Year 2023/24 Is RS. 1.35 Lakh Crores, ( 7.40%).
* Gross Direct Tax Collection For Financial Year 2023/24 At 23.37 Lakh Crores ( Which Is 18.48% Growth).
* Reliance Jio Emerges As World's Largest Mobile operator In Data Traffic, Surpassing China.
* India's Drug And Pharmaceutical Exports Increases In 2023/24 ( $ 27.9 Billion) 9.67% Increases.
* Reserves Bank Of India (RBI) Has Barred Kotak Mahindra Bank For Issuing New Credit Card.
NAVARATNA STATUS -
* National Fertilizer Limited Has Recived The NAVARATNA Status.
INSURANCE -
* IREDA Sets a New Record Achieved The Highest Ever Loan Sanctions And Disbursements.
* Insurance Regulatory Authority Of India (IRDAI) Has Removed The Age Limit Of 65 Years For Individuals Buying Health Insurance Policies.
INAUGURATION -
* Prime Minister Narendra Modi Released A Commemorative Coin Of Rs 90 On The Occasion Of Completion Of 90 Years Of RBI.
AWARDS -
* REC Wins The SKOCH ESG Award 2024 In Renewable Energy Financing Category.
* THE IDEA OF DEMOCRACY Book Author - Sam Pitroda
* Kapil Bhatia Has Been Honoured With The Lifetime Achievement Award At Hotel Investment Conference South-Asia 2024.
* INDIA Renewable Energy Development Agency Limited (IREDA) Has Gets The Status Of NAVARATNA From Department Of Public Enterprises (DPE).
PORTAL,APP -
* SEBI launched A New User Friendly Version Of Complaint Redress System - SCORES 2.0
* Reserve Bank Of India (RBI) Has Launched The New Mobile Application And Website.
* Canara Bank Introduced A New Saving Account Scheme For WOMEN Named CANARA ANGEL.
* Former CEO of Bharat Pe Ashneer Grover Has Launched A New Payment Site Zero Pay.
* Aditya Birla Capital Launched ABCD Fintech App.
* Paytm Launched New Made In India Sound Box For UPI, And Credit Card On UPI Payment.
* Bharat Pe Launched Bharat Pe One An All In One Payment Product (Including POS, QR, Speaker Into Device).
* Razor Pay And Airtel Payment Bank In Association Launched UPI SWITCH Platform.
* SBI CARDS Launched Retail Credit Card SBI Card MILES.
MOU SIGNED -
* Bharti Airtel Has Signed Pact With Dialog Axiata And Axiata Group Berhad To Merge Its Srilanka Operations In Stock Deal/.
* Tata Power Solar System (TPSS) Has Joined Hand With Indian Bank To Drive Solar Rooftop Adoption In Residential Segment Under The PM SURYA GHAR MUFT BIJLI YOJANA.
* IIT KANPUR And Ericsson Have Signed Two Year Strategic Partnerships In Financial Services And Fintech.
* Tata Motors Has Tied Up With South Indian Bank For Financial. solutions.
APPOINTMENTS -
* Madhabi Puri Buch, Chairperson Of The Securities And Exchange Board Of India ( SEBI) Has Become The First Woman To LEAD SEBI.
* Atul Mishra Has Been Appointed As The New MD And CEO Of Axis Capital.
* Dr. Shankari Murali Has Been Appointed As The Chairperson Of Controller General Of Accounts (CGA).
* Sanjai Singh And Jaspal Kaur Have Been Appointed As The Member Of CGA.
* Rakesh Mohan Has Been Appointed As The World Bank Economic Advisory Panel.
* Srinivas Pallia Has Been Appointed As The New CEO, MD Of WIPRO.
* Vinod Francis Has Been Appointed As The CFO Of SOUTH INDIAN Bank.
* Manoj Panda Has Been Appointed As The New Member Of 16th Finance Commission.
* Tarun Bajaj Has Been Appointed As The New Head Of The US-India Tax Forum.
* Sanjay Shukla Has Been Appointed As The New Managing Director Of National Housing Bank (NHB).
* Manoj Mittal Set To Be New Chairman And Managing Director Of SIDBI.
* V Balakrishnan Has Been Appointed As The New CFO Of General Insurance Corporation.
* Nalin Negi Has Been Appointed As The New Chief Executive Officer (CEO) Of Bharat Pe.
* Prem Chand Kumar Has Been Appointed As The Chief Technical Officer (CTO) Of Punjab And Sindh Bank For Next 3 Years.
* Jayant Balchandra Manmadkar Has Been Appointed As Chief Financial Officer (CFO) Of Brigade Enterprises.
* Arun Maheshwari Has Been Reappointed As The Managing Director And CEO of JSW INFRA.
* Santosh Viswanathan Has Been Appointed As The Intel's Business Head In INDIA.
* Azim H Premji Has Been Re Appointed As The Non Executive, Non Independent Director Of Wipro For Next 5 Years.
* Rishad A Premji Has Been Re Appointed As The Whole Time Director Of Wipro.
* Pankaj Mohan Power To Take Charge As MD Of Reliance Jio.
* Ajith Kumar KK Has Been Appointed As CEO Of Dhanlaxmi Bank.
* Financial Service Institution Bureau (FSIB) Recommend Rana Asutosh Kumar Singh As Managing Director Of SBI.
* Financial Service Institution Bureau (FSIB) Has Recommend Asheesh Pandey As INDIAN Bank MD & CEO.
* Shri T Rabi Shankar Has Been Reappointed As The Deputy Governor Of RBI.
* Amitabh Chaudhary Has Been Reappointed As The MD & CEO Of Axis Bank for Next 3 Years.
* BHEL Appoints Koppu Sadashiv Murthy As Its CFO.
* V Vaidyanathan Has Been Appointed As The MD & CEO Of IDFC First Bank For Three Years.
* Sunil Agarwal Has Been Appointed As The CFO Of Jindal Steel.
* Satnam Singh Lamba Has Been Appointed As The COO Of Gland Pharma.
MAY -
APPOINTMENTS -
* Aviv Kumar Roy Has Been Appointed As The MD & CEO Of Exide Industries.
* Mold Tech Appoints Donti Reddy Sarveswar Reddy As Its CFO.
* Kamlesh Bhadani Has Been Appointed As The MD Of Suzlon Energy.
* Raul Reballo Has Been Assumed As The MD & CEO Of Mahindra Finance.
* Ambareesh Mandelia Has Been Appointed As Head Of M & A And Business Development At Bharti Airtel.
* Vipul Mathur Has Been Appointed As The Executive Director Of HUL.
* Atanu Chakroborthy Has Been Reappoint As The Part Time Chairman Of HDFC Bank For Next 3 Years.
* Nik Jhangiani Has Been Appointed As The New CFO Of Diageo.
* Sanjeev Nautiyal Has Been Appointed As The MD & CEO Of UJJIVAN SMALL FINANCE BANK.
* Varun Sridhar Has Been Appointed As The New CEO Of Paytm Service Limited.
* Rakesh Singh Has Become The New CEO Of Paytm Money.
* Sushil Kumar Sharma Has Assumed As CMD Of SJVN Limited.
* Gautam Singhania Has Been Appointed As The MD Of Raymond.
* Sanjay Panicker Has Been Appointed As The Executive Director Of IDBI Bank.
* Jayesh Shah Has Been Re- Appointed As The Director And Group CFO Of Arvind From October 2024.
* Susheel Kaul Has Been Appointed As The Md And President Of Arvind Textiles.
* Daya Shankar Patel Has Been Appointed As The CFO Of Bajaj Health Care.
* Reshu Madan Has Been Appointed As The CEO Of Sterlite Power ( Global Products And Service Business)
* Nitin Agarwal Has Been Appointed As The. CEO Of Welspun Corp (Steel Business).
* M V Narasimham Will Take Charge As CFO Of Dr Reddy's From 1st August 2024.
* VISA Appoints Sujai Raina As India Country Manager.
* Hrushit Shah Has Been Appointed As The CFO Of Westlife Food World.
* Keki M Mistry Has Been Appointed As The Chairman Of The Board Of HDFC Life Insurance.
* Surya Prakash Kanodiya Has Been Appointed As The CFO Nucleus Software.
* R Shankar Raman Has Been Appointed As The President, Whole Time Director And CFO Of L & T.
* Bharat Puri Has Been Appointed As The Additional Independent Director Of Tata Motors For Next Five Years From 15th May 2024.
* Wipro Appoints Vinay Firake As CEO For APMEA Strategic Market Unit.
* R Lakshmi Kanth Rao Has Been Appointed As The Executive Chairman Of RBI.
* Nisha Dutta Has Been Appointed As MD & CEO Of SUBEX For Next 3 Years.
* Dileep Sanghani Has Been Elected As The Chairman Of IFFCO.
* Zomato Appoints Deloitte As Blinkit Hyperpure Auditor.
* Rajesh Chawla Has Been Appointed As The CFO Of Varun Beverages.
* Ashok Kumar Tyagi Has Been Appointed As The CFO Of DLF
* N Chandrasekhran, Has Been Given Additional Role As Chairman Of Tata Electronics.
* Pooja Bajaj Has Been Appointed As The Executive Director Of Bajaj Electricals.
* Harsh Baweja Has Been Appointed As The Director (Finance) At REC LIMITED.
* IRDAI Approved Appointments Of Rajesh Jha As Chairperson Of ICICI Lombard GIC For 5 Years.
* Executive Director Sandeep Kumar Has Been Appointed As CFO Of Power Finance Corporation.
* Raghavpat Singhania Has Been Reappointed As The MD ,Of JK Cement For 5 Years.
* Madhav Krishna Singhania Has Been Reappointed As Joint MD & CEO Of JK Cement For 5 Years.
* Sandeep Daga Has Been Appointed As The CFO of Medi Assist Health Care.
* Apurva Sahijwani Has Been Appointed As The New CEO Of Avendus Group.
* Instagram Co Founder Mike Krieger Join As first CPO Of AI Firm Anthropic.
* Pradeep Natarajan Has Been Appointed As The Whole Time Director Of IDFC First Bank.
* * Sanjeev Jain Has Been Appointed As The COO Of Wipro.
* Kailash B Gupta Has Been Appointed As The CFO Of Phoenix Mills.
* Sanjiv Puri Has Been Assumed As The President Of CII.
* Venketeswaran Krishna Murthy Has Been Appointed As Chief Revenue Officer Of Secure Cloud.
* Shilpa Urhekar Has Been Appointed As CEO Of Solar EPC ( India)
* GR Arun Kumar Has Been Appointed As Group CFO Of Welspun World.
* John Slaven Has Been Appointed As The Vice President of The International Aluminium Institute.
* Surbhi Garg Has Been Reappointed As The Executive Director Of Action Construction.
* Saloma Yomdo Has Been Given Charge As Next Director, Exploration And Development Of Oil India Limited (OIL)
* Rushabh Gandhi Has Been Appointed As The MD & CEO Of India First Life Insurance.
* Sanjay Sharma Has Been Appointed As The Chief Financial Officer (CFO) Of Air INDIA.
* Pradeep Kumar Sinha Has Been Appointed As The Part Time Chairman Of ICICI BANK.
* Ajay Kumar Sharma Has Been Recommend For The Post Of Director (Personnel) Of Sjvn Limited.
* Nykaa Board Appoints Santosh Desai As Independent Director.
* Prathap Reddy Has Been Reappointed As Executive Chairman Of Apollo Hospital For Next 2 Years.
* Ravindra Singh Negi Has Been Appointed As The New Managing Director Of Orient Electric.
* Sandeep Batra Has Been Appointed As The Chairman Of ICICI Prudential Life.
MERGING -
* NCLT Approved The Merger Of Mahindra Heavy Engines And Trringo.com (Two Wheeler)
* Pirmal Enterprises Board Approves Merger Of Pirmal Enterprises With Subsidiary Pirmal Capital And Housing Finance.
RESIGNED -
* Bhavesh Gupta, President And COO Of Paytm Resigned.
* Mihir Nanavati Has Resigned CFO From Nuvuma Wealth.
* Melinda French Gates Steps Down As Co Chair Of Bill And Melinda Gates Foundation.
* Open AI Co Founder llya Sutskever Quit The Company.
* Ola Mobility CFO Kartik Gupta Has Steps Down.
* Amit Choudhary Has Resigned From COO Of Wipro.
PERSON PASSED AWAY -
* Former Chairman Of EXIM Bank Yadhuvendra Mathur passed Away.
* Former Executive Vice Chairman Of Tech Mahindra Vineet Nayyar Passes Away.
* Manjjushree Khaitan (65), Chairperson Of Kesoram Industries Passed Away.
* Narayanan Vaghul, Former Chairman Of ICICI Bank Passed Away.
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*
LAUNCHED -
* Razor Pay In Collaboration With Airtel Payment Bank Has Launched UPI SWITCH.
* Google Launched GOOGLE WALLET App For Android In India.
* Zomato Launched India's First Crowd Supported Weather Infrastructure ( Website - Weatherunion,com)
* TCS Has Unveiled It's Global AI Center Of Excellence In France.
* HDFC Bank Launched Its First Indian Virtual Credit Card With VISA.
* Poonawalla Fincorp Has Launched Co-Branded Indusland Bank Poonawalla Fincorp eLiTE Rupay Platinum Credit Card.
* RBI Governor Shri Shaktikanta Das Launched The PRAVAAH Portal, The Retail Direct Mobile App, And A Fintech Repository.
* Jio Financial Service Limited Launched Their Jio Finance Application.
* REC Limited, a Maharatna Company Has Get NOC From RBI For Setting Up A wholly owned Subsidiary In International Financial Services Center ( IFSC) At Gujarat International Finance Tec City ( GIFT).
FINANCE -
* India Government Has Collected Rs 2.10 Lakh Crores GST In APRIL 2024.
* OCED ( Organisation For Economic Co-operation And Development) Raised India's GDP FOR FY- 2024/25 6.6%.
* REC Limited Has Earned Profit Of Rs 14.145 Crores in Financial Year 2024.
* ICICI Bank Has Enabled Instant Payment Facility UPI For NRI Customers In India Through Their International Numbers.
* India Becomes The First Country To Receive Over $111 Billion Remittance According To UN.
* IIT MADRAS Secured Record Breaking Funding Of Rs 513 Crores In Financial Year 2023/24.
* India Exports To 115 Countries In Financial Year 2023/24.
* India Registered Record $ 27.8 Billion Pharma Exports In 2024.
* India's Forex Reserves Rise USD 3.7 Billion In First Week Of May 2024.
* China Has Emerged As The Largest Trading Partner Of India With $ 118.4 billion.
* State Bank Of India (SBI) Has Become The Trading Member Of IIBX.
( IIBX - India International Bullion Exchange)
* The Retail Inflation Reached To 4.83% in April 2024.
* India's Merchandise Trade Deficit Increases To 19.1 Billion In April 2024.
* Bharat Electronics Limited (BEL) Has Achieved Growth Of 14.35% in Financial Year 2023/24 Received A Turn over Of 19,819.33 Crores.
* * LIC Overtakes SBI As The Most Valuable PSU Firm In The Market Valuation.
* India's Stock Market Hits $ 5 Trillion Milestone For The First Time.
* Mahindra And Mahindra Gets Certificate Of Registration From IRDAI To Act As A Corporate Agent.
* Reserve Bank Of India (RBI) Has Announce Highest Ever Annual Dividend Of 2.11 Crores For INDIA Government.\
* Nikesh Arora, CEO Of Palo Alto Networks Ranked 2ND On The Wall Street Journal's 2023 List Of Highest Paid US CEO's.
* India's Coffee Exports Rose By 12.22% To $ 1.28 billion In Financial Year 2023-24.
* Google Set To Invest $ 350 million In Flipkart.
* The Cost Inflation Index For Financial Year 2024/25 Is Set At 363 From 348.
* Aditya Birla GROUP Surpassed $100 Billion In Market Capitalization.
( Fourth Indian Company Have $100 Billion Market Capitalization After Tata Group, Adani Group, Reliance Industries).
* India's Forex Reserves Touches A New Record Of 648.7 Billion Dollars
* Mundra Port, Gujarat The Flagship Of Adani Ports And Special Economic Zone ( APSEZ) Has Created a Record By Welcoming The Largest Container Ship. ( Largest Container Ship MSC ANNA) 19200 TEUs.
* The Government Of India Has Sanctioned Rs. 21,253 Crores To Tackle Kerala's Economic Crisis.
* Life Insurance Corporation Of India (LIC) Has Posted Rs 13,673 Crores Net Profit And 1.52 Lakh Crores Net Premium Income in Quarter 4 .
* According To Morgan Stanley Report India's Projected GDP 6.8% in 2024.
* According To RBI Annual Reports Projected GDP Is 7% For 2024/25.
* Google Set To Invest $2 Billion For Data Center And Cloud Services In Malaysia.
* National Stock Exchange (NSE) Has Launched India's FIRST EV Index.
MOU SIGNED -
* National Payment Corporation In India ( NPCI) Has Partnership With Bank Of Namibia To Develop UPI Real Time Payment System In African Nation.
* India And Ghana Inked MoU For The UPI Payment Settlement.
* ) Hcl Tech Has Joined Hands With Amazon Web Service To Accelerate GenAI Adoption.
* Bharti Airtel Signed MoU With Google Cloud For Collaboration On Cloud Adoption And genAI Solution.
* Phone Pe Ties Up With Lanka Pay To Enable UPI Payment Services in Srilanka.
* FICCI And IESA Have Signed MoU To Strengthen And Supports India's Semiconductor Industry.
( FICCI - Federation Of Indian Chambers Of Commerce And Industry)
( IESA - Indian Electronics And Semiconductor Association)
* Air Bus Has Signed MoU With SIDBI ( Small Industries Development bank of India) For Helicopter Financing In INDIA.
* The National Skill Development Corporation (NSDC) Has Partnerships With The International Labour Organization (ILO) For Globally Youth Can Get Opportunity.
* SJVN Limited Has Signed Pact With INDIAN Oil For Renewables And New Tech Project's.
MIXED -
* Recently Axis Bank Has Overtaken Kotak Mahindra Bank To Become The 4th Largest Bank in India As Market Value.
* Reserve Bank Of India ( RBI) Lifts Ban On Bajaj Finance's eCOM And Insta EMI Card.
* * Philip Morris International (PMI) Has Been Recognized As a Top Employer For The 5th Consecutive Year.
HOST -
* The CII Annual Business Summit 2024 (theme- Co Creating The Future Responsibility)
* The ONDC StartUp Mahostav Kicked Off In New Delhi.
( incorporating With StartUp India)
PRODUCTION -
* India's Coal Production For APRIL 2024 Reached To 78.69 MT (Increases 7.41% As Compared To April 2023)
* India's Fossils Fuel Based Power Generation Capacity Increases 2.44% (Produced 243.44 gig watts In FY 2024)
AWARDS -
* NTPC LIMITED Has Claimed Champion Title At 6th Edition Of AIMA Corporate Management Olympiad 2024.
NTPC Has Been Conferred With The Prestigious ATD Best Award 2024.
( For The Excellence In HR & L & D Practices)
( national Hydroelectric Power Corporation)
* Timezone India Wins The Most Admiral Retailer of The Year At Images Retail Award 2024.
* Hindustan Shipyard Limited (HSL) Has Received PSU Samarpan Award.
* Bharat Electronics Limited (BEL) Has Wins Climate Action Champion Award At Outlook Planet Sustainability Summit And Awards 2024.
* REC Limited Has Been Awarded With The Prestigious Sustainability Champion - Editors Choice AWARD At The Outlook Planet Sustainability Summit And Awards 2024
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.
JULY -
APPOINTMENTS -
* Ravi Agarwal Has Been Appointed As The Chairman Of CBDT ( Central Board Of Direct Taxes) Upto June 30th 2025.
* Sidharth Mohanty Has Been Redesignate As the MD & CEO Of LIC.
* Vivek Chandrakar Tongaonkar Has Been Appointed As The Director (Finance) Of ONGC.
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* Arnab Kumar Chaudhary Has Been Appointed As The New Executive Director Of RBI.
* Charulata S Kar Has Been Appointed As The Executive Director Of RBI.
* Hari Mohan Gupta Has Assumed As CMD Of Ircon International.
* Sunil Siddharth Lalbhai And Urjit Patel Have Been Appointed As Additional Non Executive Independent Directors Of Britannia.
* Shalabh Goel Has Assumed As The Managing Director Of NCRTC.
* Kumar Venkata Subramaniam Has Been Appointed As The Director And MD Of P & G Hygiene.
* Ratan Kumar Kesh Has Been Appointed As The Interim Managing Director And Chief Executive Director Of Bandhan Bank For 3 Months.
* Ravi A Robert Jerard Has Been Appointed As CMD Of MTNL.
* N R Narayanan & K S Sampath And Ramkumar Krushnaswamy Has Been Appointed As Independent Director Of Equitas Small Finance Bank.
* Pranav Mishra Has Been Appointed As The Head Of Distribution Of Kotak Mahindra Bank.
* Ashok Shuvarna To Take Charge Of CEO Aditya Birla Money From 1st September 2024.
* Manish Dhanuka Has Been Reappointed As MD Of Orchid Pharma.
* Chandan Sinha Has Been Appointed As The Part Time Chairman Of RBL Bank.
* Krishnan Venkat Subramaniam Has Been Appointed As The MD & CEO Of Federal Bank.
* Bibhuti Bhusan Naik Has Been Elected As the President Of Institute Of Cost Account Of India for 2024/25.
* Manoj Mittal Has Assumed As The Chairman And Managing Director Of SIDBI.
* Satish Jha Has Been Selected For The CMD Of ECL.
* Adani Ports Gets The Letter Of Intend ( LoI) For Developing And Operating Berth No 13 At Deendayal Port In Gujarat For The Period Of 30 Years.
* Prime Minister Narendra Modi 's Twitter Account Completed 100 Millions Followers.
ACCREDITED -
* Government Upgrades IRCTC To Schedule A Central Public Sector Enterprise.
UNION BUDGET 2024/25 -
Union Finance Minister Has Announced Union Budget For 2024/25.
( Announced Smallest 1 Hour And 25 Minutes Budget)
Total of 48,20,512 Crores Allocated In Budget 2024/25
* 2.55 Lakh Crores For Railway
* 1.52 Lakh Crores For Agriculture
* 1000 Crores For Space Research
* 11,11,111 Crores For Capital Expenditure
* 15000 Crores For Andhra Pradesh
* 2.66 Lakhs Crores For Rural Development
* 26000 Crores for Bihar Infrastructure
* 1.48 Lakh Crores For Education
* 4,54,773 Crores for Defense Sector
* 1,16,342 IT Telecom Sector
* 5,44,128 Crores for Transport
* 2,03,530 For Tax Administration
* 1,50,983 Crores for Home Affairs
* 3,81,175 Crores For Major Subsides
* 3,22,787 Crores Transfer of States
* 89,287 Crores For Health
* 68,769 Crores For Energy
* 56,501 Crores For Social Welfare
* 47,559 Crores For Commerce & Industry
TAX RATE STRUCTURE -
* 0- 3 Lakh ( Nil)
* 3- 7 Lakh ( 5 %)
* 7-10 Lakh ( 10%)
* 10-12 Lakh ( 15%)
* 12-15 Lakh ( 20%)
* Above 15 Lakh ( 30%)
* Union Railway Minister Ashwini Vaishnav Announced Budget For Railways Infrastructure -
2582 Crores For Delhi
2,698 Crores For Himachal Pradesh
3,383 Crores For Haryana
3,694 Crores For Jammu and Kashmir
5,147 Crores For Punjab
5,336 Crores For Telengana
5,131 Crores For Uttarakhand
7,559 Crores For Karnataka
8,743 Crores For Gujarat
9,151 Crores For Andhra Pradesh
9,959 Crores For Rajasthan
10,033 Crores For Bihar
10,586 Crores For Odisha
10,376 Crores For North East
13,941 Crores For West Bengal
14,738 Crores For Madhya Pradesh
15,940 Crores For Maharashtra
19,848 Crores For Uttar Pradesh
* India Government Announced Neighbours Country Funding Budget in Union Budget 2024/25
* 700 Crores For Nepal
* 400 Crores For Maldives
* 370 Crores For Mauritius
* 250 Crores For Myanmar
* 245 Crores For Srilanka
* 200 Crores For Afganistan
* 80 Crores For Bangladesh
* 30 Crores For Seychelles
* The Telengana State Government Has Announced Annual Budget Of State Of Rs 2,91 Lakh Crores.
( 11,468 Crores - Health And Medical Department)
( 2762 Crores For Industries)
( 21,292 Crores For Education)
( 9,564 Crores For Home Department)
* Odisha Chief Minister Presented The State Budget Of Worth Rs 2.65 Lakh Crores For FY 2024/25.
* 33.919 Crores For Agriculture
* 14,111 Crores For Irrigation
* 21,200 Crores For Health
* 35,536 Crores For Education
* 1000 Crores For Bhubaneswar- Cuttack Metro
* 918 Crores For New City Development
* 6180 Crores For Road Development
* 952 Crores For Sports Infrastructure
* 17,942 Crores For Women & Child Development
* 28,844 Crores For Social Development
* 295 Crores - Nutrition Awareness
* 445 Crores For Tourism
* 10,000 Crores For Subhadra Scheme
* 500 Crores For Ayushman Bharat
* 200 Crores For Odia Ashmita
* 2462 Crores For - Mukhyamantri Swasthya Seva Mission
* 500 Crores For Srimandir Corpus fund
* 3500 Per Month Will Provide Whose Age Above 80
* Paddy MSP 3100
NEW SCHEMES TO BE LAUNCHED -
* Madho Singh Haath Kharcha Yojana - Under This Scheme ST Students Who Passed Out 8th/10th Class Gets 5000 Per Year.
* CM KISAN FOR FARMER'S -
1935 Crores Sanctioned
MERGED -
* DoT's NTIPRIT, NICF And WMTDC Merged Into a Single Entity Named National Communications Academy.
HOST -
* RBI Governor Shaktikanta Das Address The Inaugural Session Of FE Modern BFSI Summit 2024.
COLLABORATION -
* Department Of Agriculture And Farmers Welfare Incollboration With NABARD Announced Agri SURE Fund Of 750 Crores Under Nabventures At Mumbai.
LAUNCHED -
* Bajaj Launched The World's First CNG Bike Freedom 125 At Pune.
* INDIA Has Launched The UPI Service At Paris Historic Department Store Galaries Lafayette.
STATE BUDGETS -
* Madhya Pradesh State Government HAS Presented The State Budget Of 3.65 Lakh Crores For 2024/25.
* Rajasthan Deputy Chief Minister Diya Kumari Has Presented The State Budget For 2024/25.
* The Central Government Has Released Rs 1750 Crores For The Development Of 7 Backwards Districts Of Andhra Pradesh.
LOAN -
* Government Of India And Asian Development Bank (ADB) Has Signed A $ 170 million Loan To Strengthen Pandemic Preparedness.
* Asian Development Bank ( ADB) Approved The USD 240.5 million Loan For Rooftop Solar System In New Delhi.
ECONOMY -
* India Government Collected 1.74 Lakh Crores GST in June 2024.
* Maharashtra Became The First Indian State To Reach Half A Trillion Dollar Economy.
* BSE Has Reached To 450 Lakhs Crores Market Capitalization For The First Time.
* Gujarat Has Lead With Highest Foreign Direct Investment (FDI) In FY 2023/24 With USD 7.3 Billion.
* The 16th Finance Commission Has Constituted An Advisory Council With 5 Members.
* Dr D K Srivastav
* Mr Neelkanth Mishra
* Dr Poonam Gupta
* Ms Pranjul Bhandari
* Rahul Bajoria
* The Index Of Industrial Production (IIP) Has Rose 5.9% In May 2024.
* Khadi Products Broken Records With Over 1.5 Lakh Crores Sales In FY 3023/24.
* IMF Raises India's GDP Growth Forecast For FY 2024 7.0%
* Asian Development Bank Has Unchanged India's GDP Growth Projection At 7.0 For 2025.
* CASHe APP Has Gets ISO 27001 And 27701 Certification For Information Security And Data Privacy.
* India's Forex Reserves Touches $ 666.85 Till July 12.
* LIC Touched A High Rs 1178.60 On The Bombay Stock Exchange.
* India's FIRST Integrated Agri Export Facility At Jawaharlal Nehru Port.
* According To RBI Report India Share a 48.5% In Global Real Time Payment Put In The World.
TRADE -
* Rupee-Kyat Trade Settlement ( Myanmar) Mechanism Has Been Operationalized.
* Paradip Port Created A Record The Highest Ever Parcel Vessel Of 1,49,496 MT Of Imported Coal Handled At It's Berth.
* India's Exports In April June 2024 Rises By 5.84%.
* Mahanadi Coalfield Limited (MCL) Has Surpassed The 100 million Cubic Meter Overburden Removal (OBR) Milestone
* India Has Secured A Contract To Operate Mongla Port In Bangaldesh.
* MV HUAHINE, Carrying 1,99,900 MT Of Manganese Ore From Gabon Of Central Africa, Arrived at Vishakapatanam Port, ( Became The Largest )
* India's Top 6 States With Most Marine Exports List
* Andhra Pradesh ( 4.27 Lakh Tonnes)
* Gujarat ( 3.45 Lakh Tonnes)
* Karnataka ( 2.73 Lakh Tonnes)
* Kerala ( 1.88 Lakh Tonnes)
* Maharashtra ( 1.70 Lakh Tonnes)
* West Bengal ( 1.60 Lakh Tonnes)
BANKING -
* 13.89 Billion Transaction Done Through UPI In June 2024.
* Bombay Stock Exchange (BSE) Has Touches 80000 In Stock Market.
* Paytm Launched Health Saathi Plan, Where customer Can Easily Connect Doctor Unlimited. ( Plan Starts At 35 Rupees)
* RBI Cancel The License Of Shimsha Sahakara Bank In Karnataka.
* RBI Cancel The Registration Of Prog Cap Linked Star Finserv Due To Rule Violation.
* ICICI Prudential MF Has Launched India's First Oil And Gas ETF.
*) State Bank Of India Has Launched MSME SAHAJ For Instant Digital Invoice Financing.
* Punjab National Bank Has Introduced The SAFETY RING, For Online Banking Security.
* Indusland Bank Launched The WRESTLE FOR GLORY To Empower Female Wrestler.
* Vijay Mallya Has Been Barred From Trading In Indian Security For 3 Years By SEBI.
* Karnataka Bank Partners With ICICI Lombard General Insurance To Enhance Customer Benefits.
RENAME -
* India Bulls Housing Finance Has Been Renamed As SAMMAN CAPITAL.
RANKING -
* India Overtakes Brazil And Indonesia To Become 3rd Largest Domestic Air Market In The World.
PRODUCTION -
* India's Coal Production For June 2024 Is Reached To 84.63 Millions Tonnes.
* Mangaluru International Airport Commenced International Cargo Operations.
PACT SIGNED -
* Reserve Bank Of India Has Signed a Pact With Four ASEAN States Malaysia, Philippines, Singapore And Thailand To Expand UPI Service.
( The Reserve Bank Of India Has Joined The Project NEXUS.)
( It Is An International Initiative To Enable Instant Cross Border Retail Payments By Interlinking Domestic Fast Payment Systems (FPSs).
* NABARD And Online PSB Loan Limited Has Signed A MoU For Financial Inclusion.
* Export- Import Bank Of India (EXIM) Has Signed Agreement With Guyana Government To Extend INDIA Supported Line Of Credit Of $2.50 million For Installation Of Solar Photovoltaic Power Plant.
* GAIL Gas Has Signed a Bulk Domestic Piped Natural Gas Agreement With The Bankers Institute Of Rural Development Of The National Bank For Agriculture And Rural Development For PNG Supplement In Mangaluru.
* SAIL And IIT Kanpur Signed MoU For Promoting Collaboration In Research And Development And Consultancy Studies In The Field Of Mutual Interest.
* Ministry Of Defense And National Stock Exchange Of India ( NSE) Has Signed MoU To Facilitate Capital Market Access To MSMEs.
AWARDS -
* GRSE Wins Sustainable Governance Champion Award 2024.
* NALCO Port Facilities, Vishakapatanam Has Awarded First Prize In Special Campaign 3.0 For Maintaining Clean And Sustainable Land Uses Practices
* Hindustan Petroleum Corporation Limited ( HPCL) Has Honoured With Leadership Excellence Award 2024.
* Parijat Industries India Private Limited Has Honoured With CSR Leadership Award 2024.
* NTPC Has Won Three Awards At The Prestigious Economic Times Future Skills Award 2024.
* Best Advanced In Creating An Extended Enterprise Learning Programme - GOLD
* Best Use Of AI/AR/VR in Learning And Up Skilling - GOLD
* Best Uses Of Games Or Simulations In L & D - Silver
* MoHUA Awarded Best Performers Under PM SVANidhi And DAY- NULM.
* NHPC Conferred With The ET HR World Future Skill Gold Award 2024 For D & I Learning Initiative.
* Madhya Pradesh State Has Topped In PM SVANidhi Scheme As Best Performing State.
* BEL Has Been Awarded First Prize In Excellent Achievement Category At The Government Achievement & Scheme Expo 2024.
* REC Limited Has Conferred With The Technology Excellence Award For The IT Project Generative AI Implementation In REC.
SKOCH AWARDS -
* Bihar State Power Transmission Company Limited Has Won SKOCH GOLD Award In Power Energy Category.
* BEL's Digital Agriculture Project Has Win Elets Technology Excellence Award 2024
* CA Arpit Jagdish Kabra Has Been Honoured With International Excellence Awards 2024.
* Nagaland Horticulture Department Bagged Promotion Of Best Horticulture Farming And Products Award At The International Agriculture And Horti Expo, Delhi.
PERSON PASSED AWAY -
* The Head Of Camlin Group, Subash Dandekar Passes Away.
* Former Chairman And Director Of GAIL C R Prasad Passes Away.
APPOINTMENTS -
* HAL Extend The Tenure Of Shri CB Ananthkrishnan CMD For One More Month.
* T N Manoharan Has Been Appointed As The Lead Independent Director Of Mahindra & Mahindra.
* Shri Hira Ballabh Has Assumed Charge As The Managing Director Of DFCCIL.
* Sanjay Shukla Has Assume As The Managing Director Of National Housing Bank (NHB).
* RBI Approved The Reappointment Of Inderjit Camotra As MD & CEO Of Unity Small Finance Bank.
* The Appointment Committee Of Cabinet Has Approved The Appointment Of Challa Sreenivasulu Setty As Chairman Of State Bank Of India. ( for Next 3 Years From 28th August 2024)
* Rana Asutosh Kumar Singh Has Been Appointed As The Managing Director Of SBI.
* Raj Kumar Chaudhary Has Taken Charge As Chairman And Managing Director Of NHPC.
* DLF Appoints Mahender Singh As Independent Director For Next Five Years.
* Shri Naveen Srivastava Has Been Appointed As Director Of ( Operations) POWERGRID.
* Shri Daljeet Singh Has Been Appointed As Director ( Finance) At Housing And Urban Development Corporation (HUDCO).
* SEBI Approves The Appointment Of Praveen Rai As MD And CEO Of MCX.
* Adani Port Appoints Dr. Ravindra Dholakia And PK Pujari As Non Executive And Independent Additional Directors.
* Sandur Manganese And Iron Ores Appoints Krishnendu Sanyal As CEO And Manjunath Prabhu As COO.
* Dhruv Agarwal Has Been Appointed As President Of Strategy Of Paramount Communication.
* Kartik Sundaram Aiyer Appointed As CFO Of Gateway Disttriparks.
* Tan Su Shan Became The First Female CEO Of DBS Bank.
* Himanshu Bohara Has Been Appointed As The New CFO Of PPFAS Mutual Fund.
* Rajnish Sharma Has Assumed As The Director ( Bangalore Complex) Of BEL ( Bharat Electronics Limited).
* Nand Kumar Velayudhan Taken Charge As The Director Refinery Of ONGC ( Mangalore Refinery And Petrochemicals Limited MRPL).
* Dinesh Nandwana Has Been Appointed As The Chairman Emeritus.
* Vedanta Nandwana Has Been Appointed As The Managing Director.
* Ammeet Sabarwal Has Been Appointed As The Executive Director & Group CEO
* Ananya Birla And Aryaman Vikram Birla Appoints As New Board Directors Of Hindalco Industries.
* Mod Narayan Singh Has Been Appointed As The Chief Compliance Officer Of Mahindra & Mahindra Finance.
* RBI Approved The Appointment Of Salee Sukumaran Nair As MD & CEO Of Tamilnad Mercantile Bank For 3 Years.
* Ashok Kumar Singh Has Been Appointed As The Director General Of Employee State Insurance Corporation (ESIC).
* Shiv Walia Has Been Appointed As The New Chief Financial Officer Of HCl Tech From 6th September 2024.
* Harun Rasid Khan Has Been Reappoint As Part Time Chairman And Independent Director Of AU Small Finance Bank.
* Khiroda Jena Has Appointed As CFO Of Bombay Dyeing.
* The US-India Business Council (USIBC) Appoints Rahul Sharma , a Former Journalist And Public Relation Executive As Its Managing Director.
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*The Appointment Committee Of Cabinet (ACC) Has Appointed Anil Kumar Jadli As Director (HR) Of NTPC Limited.
* Praveen Kumar Took Charge As Managing Director Of DFCCIL.
* Arvindar Singh Sahney Has Been Selected As The Next Director Of ( Planning & Business Development) Of INDIAN Oil Corporation Limited (IOCL).
* M Suresh Has Been Appointed As The New Chairman Of The Airport Authority Of India (AAI).
* Rajesh Nambiar Has Been Appointed As President Of NASSCOM.
* Yes Bank Appoints Sumit Bali As Its India's Head.
* Arun Agarwal Has Been Appointed As The Chairman Of TEDC Board Of Directors.
* INDIAN Origin Engineer Kevan Parekh Will Assume As New CFO Of Apple With Effect From 1st January 2025.
* Central Depository Services (INDIA) Limited CDSL Has Appoints Nehal Vohra As MD & CEO.
* Shri Nagaraju Maddirala, Secretary Department Of Financial Services Nominated On RBI Central Board .
* Subhashri Has Been Appointed As The New MD & CEO Of Shriram Capital Private Limited.
NAVARATNA STATUS -
* Government Of India Grants Navaratna Status To SJVN, NHPC, RailTel, And Solar Energy Corporation Of India.
PENALTY -
* IRDAI Imposes Penalty Of Rs 20 Crores To The HDFC Life For Violation Of Regulations.
* Nippon Life India Asset Management Was Fined Rs 2 Lakh By SEBI.
* RBI Levies Penalty Of Rs 1.27 Crores On Bank Of Maharastra For Non Adherence To Its Directive.
* Central Consumer Protection Authority (CCPA) Has Imposed A Penalty Of Rs 3 Lakh On SriRam's IAS For Advertising Misleading Claims Regarding Results Of UPSC Civil Service 2022.
* SEBI Banned Industrialist Anil Ambani And 24 Other Entities.
( SEBI Penalties 25 Crores On Anil Ambani)
* The Directorate General Of Civil Aviation (DGCA) Imposed A Penalty Of Rs 90 Lakh On Air India Limited For Operating Flights With Non Qualified Crew Members.
* State Bank Of India (SBI) Chairman Dinesh Khara Has Resigned.
* The Pradhan Mantri Jan Dhan Yojana Has Completed 10 Years.
RANKING -
* Mumbai Has Surpassed Beijing To Become The Most Billionaire Capital Of Asia. ( According To Hurun Report)
* Mumbai With 386
* New Delhi With 217
* Hyderabad With 104
* Bengaluru With 100
* Chennai With 82
* Kolkata With 69
* Ahmedabad With 67
* Pune With 53
* Surat With 28
* According To Hurun India Rich List Gautam Adani Tops With Rs. 11.6 Lakh Crores.
LAUNCHED -
* Ola Launched It's First Roadster Motorcycle.
* BPCL Launched India's First Biofuel Blend HFHSD Bunker At Mumbai Port.
PRODUCTION -
* 144.30 ( Crude Steel Production Metric Tonne) In 2023/24 In India.
* NMDC Steel Limited Achieved The Milestone By Successfully Producing 1 Million Ton Of Hot Rolled Coil (HRC).
* NTPC Ranked 378th In Forbes Global 2000 List.
BUDGET -
* Sikkim Chief Minister Prem Singh Tamang Has Presented A Budget Of Rs 14,400 Crores In Vidhan Sabha.
* The Union Cabinet Has Approved 8 New Railway Projects At An Estimated Cost Of Rs. 24,657 Crores.
* Cabinet Approved The New Civil Enclave At Bagdgora Airport, West Bengal At Rs 1549 Crores Estimate.
And Development At New Civil Enclave, Bihta, Patna, Bihar.
* Cabinet Has Approved Three Metro Projects.
* Bengaluru Metro Phase 3 - 15,611 Crores
* Thane Metro - 12,200 Crores
* Pune Metro Extension - 2.955 Crores
LISTED -
* Ola Electric Now Has List At Issue Price Of Rs 76 Per Share At National Stock Exchange ( NSE),
* Mangal Credit And Fincorp Limited Gets Listed On The National Stock Exchange ( NSE).
MERGED -
* Indus Tower Become The Subsidiary Of Bharti Airtel.
* Competition Commission Of India (CCI) Has Approved The Merging Of RIL, Viacom 18, Digital 18 Media, Star India, Star Television.
* Vistara Will Merge With Air India On November 2024.
* Government Allocated 7,212 Crores To NIRBHAYA FUND For FY 2023/24.
* Karnataka State Assembly Allocated Rs 104 Crores For Combat Cyber Crime For Next 5 Years.
* IIT Madras Has Received The Largest Single Donation Of Rs 228 Crores From Distinguished Alumni's Dr Krishna Chivukula.
CERTIFIED -
* KIA Bengaluru Became The First Airport In Asia To Recive Level 5 Accreditation Of ACI.
* HUDCO Gets Certification Of Registration As Non Banking Financial Company Infrastructure Finance Company By RBI.
* IREDA Secured A International Credit Rating From S & P
ECONOMY -
* Government Of India Has Collected Rs 1.82 Lakh Crores GST in July 2024.
* India Topped In The List Of Lowest National Debt Per Capita In G20.
* Solar Energy Corporation Of India (SECI) Has Increased Of 38.14% In Profit In Financial Year 2024.
* State Bank Of India ( SBI) Projects GDP Growth Of 7% in Financial Year 2024/25.
* India's Index Of Industrial Production (IIP) Records A Growth Of 4.2% In June 2024.
* Gross Direct Tax Collections Surge 23.99% To 8.13 Lakh Crores.
* Retail Inflation Drops To 59 Month Low Of 3.54% In July 2024.
* Union Minister For Labour, And Sports And Youth Mansukh Mandaviya Has Launched a New Online Facility For The Surrender Of Exemption From The EPFO Scheme.
RELEASED -
* To Mark 165 Years Of Income Tax, Finance Minister Nirmala Sitharaman Has Released MY STAMP.
( The Stamp Illustrate The Evolution Of Taxation From Chanakya Arthasashtra To Now's Development).
INTRODUCE -
* Indigo Introduced INDIGO Stretch New Business Class On The Occasion Of 18th Anniversary.
* Nagaland Became The First Indian State To Implement Insurance To Cover Disaster Response.
TRADING -
* Government Of India Has Announced Inclusion Of Two Additional Ports For Export Of Essential Commodities From India To The Maldives For FY 2024/25
*
( Kandla And Vishakapatanam)
* Russia Sent Record $2.8 Billion Worth Of Crude Oil Exported To India In July 2024.
* Atal Innovation Mission (AIM) IN Partnerships With CSIRO, Australia ( ) Is Now Accepting Applications From Start-ups And MSMEs In India And Australia For The Climate Smart Agritech Cohort Of The India-Australia Rapid Innovation And Startup Expansion ( RISE).
* India Overtook China As Largest Importer Of Russian Oil.
* In First Half ( January To June 2024) India Imported Diamond From Russia 22% More.
* India And Oman Bilateral Trade Has Settled With $8 billion In FY 2024 ( IN FY 2022/23 It Was $ 12 billion)
BANKING -
* According to NPCI Unified Payment Interface (UPI) 20.64 Lakh Crores Transactions Registered in July 2024.
( 14.44 Billion Transaction Registered)
* SEBI Launched SEVA Chatbot For Investors.
* Record Of 7 Crores 28 Lakhs Income Tax Return Filed For The Assessment Years 2024/25 Till 31st July.
* Jio Finance Payment Now Enable In Paris.
* Pine Labs Launched UPI SETU For All Merchants UPI Payments.
* Reserve Bank Of INDIA (RBI) Keep Repo Rate Remains Same. (6.5%).
* RBI Governor Announced UPI Transaction Limit For Tax Payment Raised To 5 Lakhs From Rs 1 Lakh.
* RBI Proposed Creating Public Repository Of Digital Lending Apps.
* IREDA Allocated Rs. 1.05 Crores For Development Of Sport Science Center In Uttarakhand.
* RBI Announced A Constitution Of An Expert Committee On Bench Marking Of Its Statistics And Deputy Governor Michael Patra To Officiate.
* Punjab National Bank Has Launched PNB ANTAH DRISTHI Braille Debit Card For Visually Impaired Customer.
* The National Payment Corporation Of India (NPCI) Spinning Off Its BHIM App Into A Standalone Subsidiary To Enhance It's Presence In The Digital Market.
( Former Banker Lalitha Nataraj To Head Of That Subsidiary).
* RBL Bank Announced VIJAY FIXED Deposit To Honour 78th Independence Day.
* Canara Bank Has Launched It's 150 Branches In FY 2024.
* HDFC Finance Launched New Trading Application HDFC SKY.
* NPCI Launched UPI Circle For Secure Delegate Payment.
* HDFC Bank's Jagdishan Highest Paid Bank CEO In FY 2023.
* Airtel Payments Bank Launched AI Facial Recognition Tool FACE MATCH.
* Bandhan Bank Has Launched Avni Saving Account Scheme For Women Customer.
* Chief Justice Of India D Y Chandrachud Inaugurated The Branch Of Bank Of Maharashtra In The Supreme Court Delhi.
* The RBI Governor Shri Shaktikanta Das Announced The Launch Of Two New Products Built By NPCI At GFF 2024.
* Bharat Billpay For Business Designed To Streamline Business To Business (B2B)
* UPI Circle Which Enables Delegated Payments To Users
* RBL Bank Joins Hand With IRCTC To Launch Their New Credit Card .
* The Life Insurance Corporation Of India (LIC) Paid a Dividend Of Rs. 3,662.17 Crores To The Government.
* RBI Deputy Governor T Rabi Shankar Unveiled The Launch Of CBDC, A Central Bank Backed Digital Currency At Global Fintech Fest (GFF24).
* For The 2nd Consecutive Year RBI Governor Shaktikanta Das Has Been Rated A+ In The Global Finance Central Banker Report Cards 2024.
MOU SIGNED -
* Signed MoU Between National Payments Corporation Of India ( NPCI) And Ministry Of Economic Development And Trade Of Maldives On Introduction Of Digital Payments System (UPI) In The Maldives.
* Ministry Of MSME And Small Business Administration ( SBA), Government Of USA Signed MoU
*To Provide a Framework For Both Sides To Discuss Issues Concerning MSMEs And Explore Possibilities Of Cooperation.
* Facility For Women Empowerment
* RINL & IOCL Has Signed MoU Towards The Supply Of Hydrulic And Lubricant Oil & Greases To RINL For Next 5 Years.
* Tata Power Solar System Limited (TPSL) Has Signed MoU With ICICI Bank To Offer Solar Financing.
HOST -
* 2nd Edition Of National Conference Of Enforcement Chiefs Of State And Central GST Formation Held In Delhi.
AWARDS -
* SJVN Limited Has Won Gold Award At 16th Exceed CSR Award 2024 For Achievement In Corporate Social Responsibility Power.
* Central Coalfield Limited (CCL) Bagged 3 Awards At 8th CSR Health Impact Awards.
* NCRTC Has Bagged Prestigious Platinum Global Sustainability Award 2024 From Energy And Environment Foundation.
* Central Coalfield Limited (CCL) Honoured With Best Corporate Award For Pioneering TB Eradication Efforts.
* SJVN's Renewable Arm, SGEL Conferred With Diamond Award For Utility Scale Company Of The Year In PSU Category In Rajasthan Annual Solar Awards 2024.
* Andhra Pradesh Wins Indian Wind Power Association's Green Energy Champion Award 2023/24.
* Beypore Responsible Tourism Project In Kerala Bagged ICRT Gold Award.
* The Prestigious DNB India PSU Award In Power Transmission Category Was Bestowed By Dr. Bibek Debroy, Chairman Economic Advisory Council To PM (EAC-PM)
* Mazagon Dockyard Shipbuilders Limited (MDL) Has Received The Dun & Bradstreet Public Sector Excellence Award 2024 Under Defense Production (CPSU) Category.
* BCCL Has Won The Prestigious CSR Tines Award 2024 (Gold) For The Contribution In The Field Of Education And Skill.
* Mazagon Dock Shipbuilders Limited (MDL) Has Recived Global Inclusion Award 2024.
* Railway Vikas Nigam Limited ( RVNL) Has Been Honored With The Excellence In Railway Infrastructure Award Editors Choice At The ABP Live Infrastructure Conclave 2024 At New Delhi.
* Dr. Yatindra Dwivedi Director Of POWERGRID Has Been Conferred With CHRO PRIDE Award By TOP Rankers Management Club
* Director AK Singh Of SJVN Limited Has Been Conferred With Prestigious CFO Leadership Award 2024.
SEPTEMBER -
* 7th Foundation Day Of India Post Payment Bank.
* eShram Achieved 30 Crores Registration In Last 3 Years.
* IEPFA Launched New 5 Digit Troll Free Number To Enhanced Claimant Support Service.
* IEPFA Celebrated It's 8th Foundation Year.
* The SBI Foundation Has Launched The 3rd Edition Of Asha Scholarship Program.
* IIT BOMBAY Has Registered The Largest Ever Annual Grant For Research And Development At Rs 700 Crores in FY 2024.
* NITI Ayog Released The Expert GROUP Report - Titled Future Pandemic Preparedness And Emergency Response
* S & P Global Rating Forecast India's Growth Rate 6.8 For FY 2024/25 & 6.9 For FY 2025/26
* The Asian Development Bank (ADB) Has Pledged $ 2 Billion in Annual Loans To Support Cash Strapped Pakistan
* Asian Development Bank (ADB) Has Approved Rs 530 Crores To Boost Drinking Water Supply In 12 Cities In Tripura.
* NPCI International To Help Trinidad and Tobago To Launch UPI
* India Food Grain Production Reached A Record Of Rs 332.22 million tonnes in 2023/24 Crop Year.
* NTPC Has Named In TIMES World's Best Companies List in 2024.
NEW AIRLINE -
* Aviation Ministry Has Signalled Green To The New Airline Of Uttar Pradesh SHANKH Airline.
MERGED -
* CCI Approved The Merger Of Tata Motor Finance With Tata Capital.
* IDFC Financial, IDFC Merged With IDFC First Bank.
APPOINTMENTS -
* FSIB Selected Rama Mohan Rao As MD Of State Bank Of India (SBI).
* Phillips Appoints Bharat Sesha As New Managing Director Of India.
* R S Sharma Has Been Appointed As The Chairperson Of ONDC.
* RBI Reappoints V Vaidyanathan As The MD & CEO Of IDFC Bank For Next 3 Years.
* Saurabh Shah Has Been Appointed As The CFO Of Adani Energy.
* Krishnan Venkat Subramaniam Has Been Appointed As The New MD & CEO Of Federal Bank.
* Siba Prasad Pattnaik Set To Assumed As The Director ( Finance) At Gliders India Limited.
* Indusland Bank Reappoints Sumanth Kathpalia As MD & CEO For Next 5 Years.
* S Sunder Krishnan Has Been Resigned From Chief Risk Officer Of LIC.
NEW MAJOR PORTS -
* The Indian Government Has Designated Galathea Bay's International Trans Shipment Hub As Major Port.
* Odisha Cabinet Has Approved The Proposal Of The Transfer Of Equity Shares To Adani Ports And Special Economic Zone Limited (APSEZ) From Shapoorji Pallonji Port Maintenance Private Limited And Odisha Stevedores Limited For GOPALPUR Port.
PENALTY -
* Reserve Bank Of India (RBI) Has Imposed Rs 1 Crores Penalty On HDFC Bank For Non Compliance
LAUNCHED -
* Air India Launched It's First Ever Long Haul Flight (A350) From Delhi To London.
* SIDBI Launched Two New Branches in Andhra Pradesh.
* MasterCard Launched A Crypto Debit Card In Europe.
* Star Health Insurance Launched India's FIRST Health Insurance Policy in Braille.
* RBL Bank Ties Up With Indian Oil For New Credit Card.
* Adani Airport Launched aviio To Provide Real Time Data On Passenger Baggage Flow.
* India's First Rupay Exclusive Airport Lounge Inaugurated At The IGI Airport,
* Bank Of Baroda Has Announced The Inauguration Of Phygital Branch At Ville Parle Mumbai.
* NSE Indices Launched The Nifty Capital Markets Index
* YES Bank And Paisa Bazaar Launched The Feature Rich PAISA SAVE Cash back Credit Card.
* Easy My Trip Launched Scan My Trip Services Market Place In ONDC Network.
* Airtel Has Introduced India's FIRST AI Power Spam Detection.
* IDFC Bank Has Launched The ASHVA And MAURYA Credit Card.
COMMERCE -
* Reliance Industries Limited (RIL) Became India's First Company To Surpassed Rs 10 Lakh Crores In Annual Revenue.
* Adani Ports & special Economic Zone LTD (APSEZ) Has Signed A Concession Agreement With The DPA To Development At Deendayal Port Kandla, Gujarat.
* Government e Marketplace (GeM) Has Reduced The Transaction Charges Levied On Sellers And Services Providers To Foster Ease Of Doing Business.
TRADING -
* Abu Dhabi National Oil Company (ADNOC) And EXXON Mobil Have Announced A Strategic Partnerships To Develop The World's Largest Low Carbon Hydrogen Facility.
* Bajaj Housing Finance Makes Stock Market Debut At 114% Premium.
HOST -
* Mumbai Host The Financing 3.0 Summit.
* The 610th Meeting Of The Central Board Of Directors Of RBI Held In Mumbai.
* As 54th GST Council Meeting Held At New Delhi
* GST Rates On Cancer Drugs Is Being Deducted From 12% To 5%.
* GST Rates Reduced From 18% To 12% For Namkeens And Savoury Items.
* Ministry Of Environment Forest And Climate Change Bhupendra Yadav Has Addressed At The 19th Edition Of CII- ITC Sustainability Summit In New Delhi.
* Union Finance Minister Nirmala Sitharaman Has Visited The Tashkent, Uzbekistan To Attend At The 9th Annual Meeting Of Board Of Governor Of Asian Infrastructure Investment Bank ( AIIB) In Samarkand.
BANKING -
* ) UPI Recorded 14.96 Billion Transaction Worth Rs 20.61 Lakh Crores In August 2024.
* GST Collected Rs 1,74,962 Crores In August 2024.
* Maharastra Again Topped in India With Highest GST Collection - 26,367 Crores.
* Union Bank Of India Became The FIRST Indian Bank To Join The Partnerships For Carbon Accounting Financial.
* RBI Has Approved The Online Payment Aggregator PAYGLOCAL.
* The Retail Inflation Was 3.65% In August 2024.
* 1669 Lakh Crores UPI Transaction Has Been Registered In India In Last Five Months.
AWARDS -
* Union Minister Hardeep Singh Puri Has Presented The 15th Social Entrepreneur Of The Year Award 2024
* Rasthriya Ispat Nigam Limited (RINL) Awarded The Prestigious CII-GBC National Energy Leader Award For The 6th Time. ( Vishakapatanam)
* Oil India Limited (OIL) STF Maduvan Received The Global Safety Sustainability Champion Award in Platinum Category.
* Adani GROUP Has Been Recognized As TIME'S Prestigious List Of World's Best Companies In 2024.
* Union Finance Minister Nirmala Sitharaman Presented The Hindu Business Line Change maker Of The Year Award To The Integral; Coach Factory ( ICF)
* * The Hindu Business Line Iconic Change maker Of The Year - Ashok Jhunjhunwala
* HAL has been Conferred With The Prestigious Rajabhasa Kirti Award 2024 (First Prize).
* HPCL Also Conferred With The Prestigious Rajabhasa Kirti Award.
* BEHL Has Been Conferred With The Prestigious Rajabhasa Kirti AWARD 2024
* NTPC Talcher Kanhia Has Won The 2024 Energy Management Insight Award.
* BHEL's Dr G Raghavendra Rao Honoured With Engineer Of The Year 2024.
* NMDC Limited Has Honoured With Rajabhasa Kirti Award 2023/24.
* Jamsedji Tata, Founder Of Tata Group Has Been Recognized As The The World's Greatest Philanthropy.
* NALCO QC Team Genesis From NALCO Hospital S & P Complex Bagged Gold Award At The. QCFI Chapter Convention At Vishakapatanam.
* Industrialist Deepak C Mehta Honoured With Indian Chemical Council Lifetime Achievement Award At Mumbai.
MOU SIGNED -
* Invest India And Austrade Have Signed An MoU To Enhanced The Investment Relations.
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