Current Affairs One - Liner : 30th December 2023

National: The 12th Divya Kala Mela-2023, a unique event showcasing the products and craftsmanship of Divyang entrepreneurs/artisans, was inaugurated in Surat, Gujarat. It ran from 29th December 2023 to 7th January 2024. …

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CBDT Issues Guidelines on Under Section 194-O of IT Act 1961

Current Context: The Central Board of Direct Taxes (CBDT) issued guidelines on Tax Deduction at Source (TDS) under Section 194-O of the Income-tax Act, 1961. These guidelines, detailed in CBDT Circular No. 20/2023 dated…

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I-Pru AMC & I-Pru Life Gets RBI Approval to Acquire a 9.95% Stake in RBL, IDFC FIRST, Equitas SFB, Federal and IndusInd Bank

Current Context: On 28th December 2023, The Reserve Bank of India (RBI) has given its approval to ICICI Prudential Asset Management Company Limited (I-Pru AMC) and ICICI Prudential Life Insurance Company Limited (I-Pru …

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The Reserve Bank of India (RBI) issued its list of Domestic Systemically Important Banks (D-SIBs)

Current Context: The Reserve Bank of India (RBI) released its 2023 list of Domestic Systemically Important Banks (D-SIBs) on December 27. The banks identified as D-SIBs are: State Bank of India (SBI): Moved from bucket 3 …

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SEBI issues Procedure for Public Issuance of ZCZP instrument by NPOs

Current Context: On December 28, 2023, the Securities and Exchange Board of India (SEBI) notified a procedure for public issuance of Zero Coupon Zero Principal (ZCZP) Instruments by a Not for Profit Organization (NPO) a…

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Adani Global and Sirium International partners to form a JV – Sirius Digitech International

Current Context: Adani Enterprises Limited (AEL), through its wholly owned subsidiary, Adani Global Limited (“Adani”) and Sirius International Holding Limited (“Sirius”), a subsidiary of International Holding Company (I…

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Telangana Chief Minister A Revanth Reddy launched "Abhaya Hastam"

Current Context: On December 27, Telangana Chief Minister A Revanth Reddy launched a program called "Abhaya Hastam". This program is part of the six guarantees promised by the Congress before the elections. Th…

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Current Affairs One - Liner : 29th December 2023

National: President Droupadi Murmu gave her assent to three new criminal justice bills and the Telecommunications Bill 2023. The three new laws are the Bharatiya Nyaya Sanhita, the Bharatiya Nagarik Suraksha Sanhita, and…

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HUDCO Collaborates with Gujarat Govt to Finance Housing & Urban Infrastructure Projects

Current Context: The Housing & Urban Development Corporation Ltd (HUDCO) has entered into a pact with the Gujarat government to invest up to Rs 14,500 crore for financing housing and urban infrastructure projects. Th…

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HDFC Bank Recommends Re-appointment of Atanu Chakraborty as Chairman for 3 years

Current Context: The Board of Directors of HDFC Bank has recommended the re-appointment of Atanu Chakraborty as the Part Time Non-Executive Chairman and Independent Director of the Bank to the Reserve Bank of India (RBI…

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Asset quality of Indian banks improved to a decadal high: Trend and Progress of Banking in India report

Current Context: On 27th December 2023, The “Report on Trend and Progress of Banking in India 2022-23” released by the Reserve Bank of India (RBI) indeed highlighted that the Indian banking system is in its best positi…

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Indian Olympic Association (IOA) has formed an Ad Hoc committee

Current Context: The Indian Olympic Association (IOA) has indeed formed a three-member ad hoc committee to supervise the operations of the Wrestling Federation of India (WFI) on 27th December 2023. T his decision was take…

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RBI approves IDFC-IDFC First Bank Merger; Notifies GSL Directions 2023

Current Context: On 26th December 2023, The Reserve Bank of India (RBI) has approved the reverse merger of IDFC Ltd with its banking subsidiary IDFC First Bank. The boards of IDFC First Bank and IDFC had approved the rev…

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Current Affairs One- Liner : 28th December 2023

National: The Ministry of Road Transport and Highways (MoRTH) in India is planning to implement a GPS-based toll collection system across the nation by March 2024. This initiative aims to alleviate traffic congestion and…

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PM Modi chaired the 3rd National Conference of Chief Secretaries

Current Context: Prime Minister Shri Narendra Modi chaired the third National Conference of Chief Secretaries in Delhi on 28th and 29th December 2023. This conference is the third of its kind, with the first held in June…

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Reliance Jio and IIT Bombay collaborating to launch 'Bharat GPT'

Current Context: The collaboration between Reliance Jio and IIT Bombay to launch the ‘Bharat GPT’ program was announced on Wednesday, December 28, 2023. This program aims to leverage large language models and generative …

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Six SAMARTH curated training programs have been launched by the government

Current Context: The Indian government has taken a major step towards enhancing the skills and competencies of its state government officials with the launch of six new training programs on the iGOT Karmayogi platform. T…

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IndusInd Bank launches ‘eSvarna’, India’s First Corporate Credit Card on RuPay Network

Current Context: On 26th December 2023, IndusInd Bank has indeed launched ‘eSvarna’, which is India’s first Corporate Credit Card on the RuPay network. This launch positions IndusInd Bank as the first in the country to i…

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SREC & Council for Leather Exports Signed MoU to Strengthen Indian Leather Sector

Current Context: The MoU between SREC and CLE was signed on Thursday, December 22, 2023 in Delhi. this is a strategic partnership to promote innovation and upskilling in the Indian leather industry. The MoU, effective f…

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Current Affairs One - Liner : 27th December 2023

National: According to the PwC Global Risk Survey 2023, cyber risks are indeed cited as the biggest threat faced by Indian organizations . The survey reveals that 38% of respondents feel highly or extremely exposed to it.…

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