General Awareness

BUSINESS AND ECONOMY - December 2018

Dec 2018

Dec 08, 2021

Pride-CRMD Module Tool by PNB

PNB has launched the PNB Pride-CRMD module tool, an android-based application for differently-abled employees to monitor and effectively follow up with the special mention account (SMA) borrowers.
The Pride-CRMD module has built-in TalkBack software that allows the visually impaired to access the system freely and to interact with customers by tapping on their phones
Punjab National Bank emphasized the abilities of differently-abled staff members and the utilization of their skills in the conceptualization of PNB warriors and implementation of PNB Pride.

Dec 07, 2021

Mr Sanjiv Mehta - President of FICCI

Mr Sanjiv Mehta, Chairman and Managing Director, Hindustan Unilever Limited (HUL) will be appointed as the President of Federation of Indian Chambers of Commerce and Industry (FICCI) at the conclusion of FICCI's 94th Annual General Meeting on 18th December 2021.
Mr Mehta, currently, the Senior Vice President of FICCI, will be succeeding Mr Uday Shankar, the current President of FICCI.
Mr Mehta is also the President of Unilever South Asia (India, Pakistan, Bangladesh, Sri Lanka & Nepal), and is a member of the 'Unilever Leadership Executive' which is Unilever's Global Executive Board.
During his eight years at the helm, HUL's market capitalisation has increased by over $55 billion making it one of the most valuable companies in the country. In this period, HUL has won several awards and recognitions including the prestigious Economic Times 'Company of the Year' & 'Corporate Citizen of the Year' awards, Business Standard's 'Company of the year' award and the 'Best Governed Company' award by the Asian Centre for Corporate Governance and Sustainability. Forbes rated HUL as the most innovative company in India and the 8th most innovative company in the world. Aon Hewitt in a global study rated HUL as the 3rd best company globally for building leaders.

Dec 06, 2021

Delhi-Dehradun Economic Corridor

Prime Minister Narendra Modi on 4th December, 2021 inaugurated and laid the foundation stone for multiple development projects worth around Rs.18,000 crores in Dehradun, Uttarakhand. The Prime Minister laid the foundation stone of eleven development projects including the Delhi-Dehradun Economic Corridor (from Eastern Peripheral Expressway Junction to Dehradun) which will be built at a cost of around Rs.8300 crore
In major highglight, the corrirdor will significantly reduce the travel time from Delhi to Dehradun from six hours to around 2.5 hours.
The corridor will have seven major interchanges for connectivity to Haridwar, Muzaffarnagar, Shamli, Yamunagar, Baghpat, Meerut and Baraut. It will also have Asia's largest wildlife elevated corridor (12 kilometres) for unrestricted wildlife movement. Also, the 340 metres long tunnel near Dat Kaali temple, Dehradun will help reduce impact on wildlife.

Dec 05, 2021

ONGC Signs with MoU with SECI

In a bid to strengthen its footprint in the renewable space, particularly solar energy, state-owned Oil and Natural Gas Corporation (ONGC) signed an agreement with Solar Energy Corporation of India (SECI) to scale up its clean energy projects.
The Memorandum of Understanding (MoU) was signed by ONGC Chairman and Managing Director Subhash Kumar and SECI Managing Director Suman Sharma.
The MoU provides a broad, overarching framework for ONGC and SECI to collaborate and cooperate for undertaking renewable energy projects including solar, wind, solar parks, EV value chain, green hydrogen, storage, etc.

ADB Approves $500 Million Loan to Improve Quality of School Education

The Asian Development Bank (ADB) approved a $500 million loan to the Government of India to help improve the quality of the country's school education and mitigate the impact of the (Covid-19) pandemic on students' learning.
The loan supports the Integrated Scheme for School Education (Samagra Shiksha) and the new Exemplar School Initiative of the Ministry of Education (MOE) to improve education quality by focussing on inclusive and equitable learning outcomes.
ADB's assistance will support the government's commitment to providing high-quality education to all by accelerating quality education initiatives across the participating States," said Sunhwa Lee, ADB Principal Social Sector Specialist for South Asia. The loan will help scale up foundational learning for primary students and enhance the relevance of secondary education by introducing science, technology, engineering, the arts, and mathematics (STEAM) and integrated vocational education.

Dec 04, 2021

HDFC Bank Quickest to List among 100 Global Firms

HDFC Bank is the fastest among 100 global companies to have gone public. The gap between its incorporation and listing was less than a year, shows a study done by Tide, a UK-based financial platform. The second quickest was Chinese beverage firm Kweichow Moutai, which took two years to launch an IPO.
E-commerce giant Amazon also is among the fastest as it went public in just three years.
Meanwhile, the slowest was luxury goods firm Hermès, founded in 1837 and listed 162 years later. The other Indian firms in the top 100 global list are Reliance Industries (RIL) and Tata Consultancy Services (TCS).

Share on

TCY Analytics (View Subscription Plans)

Subscribe to GK Updates

I want to receive

GK Tags

August GK, July GK, June GK, INTERNATIONAL AFFAIRS, ENVIRONMENT, BUSINESS AND ECONOMY, SCIENCE & TECHNOLOGY, SPORTS, NATIONAL AFFAIRS, DEFENCE, PERSONS IN NEWS, DAYS AND EVENTS, AWARDS AND HONOURS, GOVERNMENT POLICIES AND SCHEMES, GENDER/ HEALTH/ EDUCATION, ART AND CULTURE, BOOKS AND AUTHORS, TOURISM AND HOTEL INDUSTRY AWARENESS, ART AND CULTURE, LAW AND CONSTITUTIONAL AFFAIRS

Start Discussion

On any topic

Take Tests

Compiled from GK updates

Login

Sign Up

Forgot Password

Download TCY App

Unlock All Services And Enjoy The Premium Benefits

US$ 10

US$ 13

US$ 15

US$ 17

US$ 19

US$ 20

US$ 21

US$ 22

US$ 23

US$ 24

US$ 25

US$ 26