INS Sunayna in Seychelles: The Indian naval ship INS Sunayna arrived at Port Victoria, Seychelles, as part of its long-range deployment in the South West Indian Ocean Region, marking India’s continued military engagement with Seychelles.
RBI’s Debt and NPA Reports:
- The Reserve Bank of India reported a decrease in the share of short-term debt within India’s total external debt, indicating improved economic stability.
- The RBI projected a further decline in the gross non-performing assets (GNPA) ratio of scheduled commercial banks to 2.5% by March 2025.
SBI Infrastructure Bonds: The State Bank of India successfully raised Rs 10,000 crore through 15-year infrastructure bonds at a coupon rate of 7.36%, reflecting strong investor confidence.
DBS Group GDP Forecast: DBS Group projected India’s GDP growth at 7.1% for the calendar year 2024, with an expected growth rate of 7.4% for the April-June 2024 quarter.
Federal Bank’s RuPay Wave Credit Card: Federal Bank, in collaboration with NPCI, launched the RuPay Wave Credit Card, enabling UPI transactions and offering various customer benefits like cashback and reward points.
Museum of Temples in Ayodhya: The Uttar Pradesh Cabinet approved Tata Sons’ proposal to build a Rs 650 crore ‘museum of temples’ in Ayodhya, aimed at showcasing the history and architecture of India’s temples.
Commonwealth Short Story Prize: Sanjana Thakur from Mumbai won the 2024 Commonwealth Short Story Prize for her story “Aishwarya Rai,” which reimagines the traditional adoption story.
Hunar Art Exhibition: The Dubai Art Centre hosted the “Hunar” exhibition, showcasing diverse Indian folk and tribal art forms such as Aipan, Madhubani, and Warli, highlighting India’s rich cultural heritage.
Hijab Ban Upheld: The Bombay High Court upheld a hijab ban in a Mumbai college, citing the “larger academic interest” and aligning with a previous Karnataka High Court ruling.
Kiran Pahal Qualifies for Paris Olympics: Haryana’s Kiran Pahal qualified for the Paris Olympics by clocking 50.92 seconds in the women’s 400m at the National Inter-state Athletics Championships, becoming the second fastest Indian in the event’s history
« Current Affairs–2024-06-29
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