ADB Commits $2.6 Billion to India for Various Projects

ADB, the Asian Development Bank, promised to give a large amount of money (2.6 billion USD) to India in 2023 for several development projects. As part of this promise, USD 23.53 million in professional help and USD 4.1 million in ..

Month: Current Affairs - May, 2024

Category: Economy & Banking Current Affairs

India Boosts Lab-Grown Diamond Sector, Koreans Innovate Production

In order to encourage more people to make diamonds in India, Finance Minister Nirmala Sitaraman’s 2023-24 Budget included big benefits like lowering the taxes on diamond seeds used to make lab-grown diamonds. Furthermore, IIT Madras was given a grant of ..

Month: Current Affairs - May, 2024

Category: India Nation & States Current Affairs

KAZA Summit Underway in Zambia

The Kavango-Zambezi Trans-Frontier Conservation Area (KAZA TFCA) Summit took place in Livingstone, Zambia, in May 2023, and more than 400 people were there. Representatives from Angola, Botswana, Namibia, Zambia, and Zimbabwe met at this meeting for five days, from May ..

Month: Current Affairs - May, 2024

Category: Summits and Conferences

IRDAI Sets New Guidelines for Faster Health Insurance Claims

The Insurance Regulatory and Development Authority of India (IRDAI) recently put out a very important statement that aims to make health insurance services in India more efficient and effective. This change is meant to make the cashless claim process easier ..

Month: Current Affairs - May, 2024

Category: India Nation & States Current Affairs • Legal & Constitution Current Affairs

News Corp Signs Content Deal With OpenAI

Recently, there have been a lot of agreements between news organizations and AI companies. Now, News Corp has joined forces with OpenAI. With this partnership, standard ways of spreading news will be replaced by ones that use AI technologies. News ..

Month: Current Affairs - May, 2024

Category: Science & Technology Current Affairs

Dengue Outbreaks Rise in Americas Due to Climate Change

While dengue fever used to only happen in tropical areas, there are now an alarmingly high number of cases in both those areas and other places, like the US and Europe. This rise in dengue cases is a growing global ..

Month: Current Affairs - May, 2024

Category: International / World Current Affairs

An overview of the AMRUT scheme

India is rapidly urbanizing, which is causing a big change in the country’s population. By 2047, it is expected that over half of the people will live in cities. It’s important to make big investments, says the World Bank. They ..

Month: Current Affairs - May, 2024

Category: Government Schemes Current Affairs • India Nation & States Current Affairs

What Is Wet Bulb Temperature? – Explained

India is currently dealing with a very hot spell that is hurting many states, such as Delhi, Uttar Pradesh, Punjab, and Rajasthan. The combination of high temperatures and high humidity is having a big effect on daily life. Understanding Humidity ..

Month: Current Affairs - May, 2024

Category: Environment Current Affairs

Indian Peacekeeper Wins 2023 UN Military Gender Advocate Award

Major Radhika Sen, an Indian peacekeeper in the Democratic Republic of the Congo (DRC), won the prestigious UN Military Gender Advocate of the Year award in 2023. This award was given to her because of her outstanding service and active ..

Month: Current Affairs - May, 2024

Category: Awards, Honours & Persons in News

IIT Bombay, TCS Develop India’s First Quantum Diamond Microchip Imager

IIT Bombay and TCS, India’s biggest IT services company, are working together to make the country’s first quantum diamond computer imager. This technology was just announced and it looks like it will completely change how semiconductor chips are inspected. What ..

Month: Current Affairs - May, 2024

Category: Science & Technology Current Affairs