Page-23 of GKToday Archives: December, 2024

India and Liberia Strengthen Bilateral Ties

December 19, 2024

India and Liberia recently held their inaugural Foreign Office Consultations in Monrovia, aimed to enhance bilateral relations across various sectors. Key officials from both nations participated, encouraging a collaborative environment for discussions. Key Participants Sevala Naik Mude, Additional Secretary of ..

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India’s Mobile Subscriptions Stand at 115.12 Crore

December 19, 2024

India has achieved a remarkable milestone in mobile connectivity, a total of 115.12 crore mobile subscriptions. This achievement reflects the ongoing efforts to enhance communication access across rural and remote areas. Mobile Coverage Statistics Approximately 6,23,622 out of 6,44,131 villages ..

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Tom Cruise Receives US Navy’s Top Civilian Honour

December 19, 2024

Tom Cruise has recently been honored with the US Navy’s Distinguished Public Service Award, marking his contributions to the military through his cinematic work. The award was presented to him at Longcross Film Studios in Chertsey, Surrey. Impact of Top ..

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Indian Army Launches AI Incubation Centre

December 19, 2024

The Indian Army has recently inaugurated the Artificial Intelligence Incubation Centre (IAAIIC) in Bengaluru, putting stress on the Army’s commitment to integrating advanced technologies into its operations. The centre aims to enhance the Army’s capabilities and develop a skilled workforce ..

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India’s Alternative Assets Market Set to Reach $2 Trillion by 2034

December 19, 2024

The Alternative Assets market in India is currently valued at $400 billion and is projected to expand to $2 trillion over the next decade. The growth is attributed to sophisticated investors seeking better portfolio diversification and higher returns. Regulatory changes ..

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Employment Linked Incentive Scheme – Recent Updates

December 19, 2024

The Ministry of Labour and Employment awaits approval from the Union Cabinet for the Employment Linked Incentive (ELI) scheme, which aims to enhance job creation and improve employability within the workforce. Scheme Overview The ELI scheme is part of the ..

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Delhi and Bengaluru Lead in India’s Crypto Investment

December 19, 2024

Delhi and Bengaluru emerged as players in India’s cryptocurrency landscape, and contributed notably to the national investment portfolio, especially in the Layer-1 category. According to a recent report, Delhi and Bengaluru accounted for 30.5% of India’s overall crypto investments, showcasing ..

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Gujarat, Maharastra and UP Top Rooftop Solar Installation under PM Surya Ghar Scheme

December 19, 2024

The PM Surya Ghar Muft Bijli Yojana was launched on February 15, 2024, and aims to provide rooftop solar power to one crore households by March 2027. The initiative is set to become the world’s largest domestic rooftop solar program. ..

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Surge in Indian Capital Markets Post-Covid-19

December 19, 2024

The Indian capital markets have experienced remarkable growth since the Covid-19 pandemic and retail investor participation has transformed the landscape of investment in the country. This trend reflects a broader shift towards financial literacy and investment awareness among the populace. ..

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Mandatory MFA and E-Way Bill Updates in 2025

December 19, 2024

Starting April 1, 2025, Multi-Factor Authentication (MFA) will be compulsory for all taxpayers using the updated E-Way Bill and E-Invoice systems, which follows previous mandates and aims to enhance security and compliance in tax processes. MFA Implementation Timeline MFA will ..

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