UAE Launches Global Energy Efficiency Alliance

The United Arab Emirates (UAE) has revealed plans for the Global Energy Efficiency Alliance during COP29, which aims to double global energy efficiency rates by 2030 and also seeks to reduce carbon emissions. The announcement builds on commitments made during ..

Month: Current Affairs - November, 2024

Category: Environment Current Affairs

Belgium’s Economic Challenges and Forecasts

Belgium faces important economic challenges as it approaches 2025. The European Commission has raised concerns about the country’s rising budget deficit and inflation. Without policy changes, the deficit could reach 4.9% of GDP by 2025. Increased spending on pensions and ..

Month: Current Affairs - November, 2024

Category: Economy & Banking Current Affairs

India’s Sports Industry is Expected to Grow to $130 Billion by 2030

A recent report predicts that India’s sports sector could grow to $130 billion by 2030 at an annual rate of 14 percent, which is almost double the growth of India’s GDP, driven by increased government investments. A shift towards a ..

Month: Current Affairs - November, 2024

Category: Sports Current Affairs

India and China to Shape Future World Economy

Recent discussions highlight the importance of India and China in the Southeast Asian economic landscape. Singapore’s Senior Minister of State for Foreign Affairs, Sim Ann, emphasized their roles at a launch event for a new series of workshops. This initiative ..

Month: Current Affairs - November, 2024

Category: Reports & Indexes Current Affairs

Tata Power’s Major Floating Solar Project Launched

Tata Power Renewable Energy Limited (TPREL) has recently commissioned an important floating solar project in India. The Omkareshwar floating solar installation has a capacity of 126 megawatts (MW) and is located in Madhya Pradesh, strategically positioned between two hydroelectric reservoirs. ..

Month: Current Affairs - November, 2024

Category: Environment Current Affairs

UK Plans Major Pension Fund Reforms

The UK government aims to create substantial “megafunds” through an important overhaul of the pension system. Finance Minister Rachel Reeves announced plans to attract up to £80 billion ($102 billion) in new investments. This initiative addresses the chronic under-investment of ..

Month: Current Affairs - November, 2024

Category: Economy & Banking Current Affairs

Himachal Pradesh Promotes Solar Energy Projects

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu announced a new initiative aimed at boosting solar power projects in the state. This initiative is designed to streamline processes for private sector involvement. The government aims to encourage economic growth and employment ..

Month: Current Affairs - November, 2024

Category: Government Schemes Current Affairs

Bodoland Mahotsav 2024

The inaugural Bodoland Mahotsav is set to take place in New Delhi and celebrates the Bodo community’s language, literature, and culture. It aims to promote peace and build a vibrant Bodo society. The Prime Minister’s Office has brought to light ..

Month: Current Affairs - November, 2024

Category: Art & Culture Current Affairs