General Awareness

BUSINESS AND ECONOMY - December 2018

Dec 2018

Aug 27, 2025

Standard Chartered Opens its Largest Branch in Eastern India

Standard Chartered announced the launch of its largest branch in East India, in Kolkata. The relocated branch is an affirmation of Standard Chartered's long relationship and continued commitment towards the city, which hosted the Bank's first branch in India in 1858. Since then, the bank has forged a deep relationship with India spanning more than 165 years.
This newly relocated branch was inaugurated by PD Singh, CEO, India and South Asia, Standard Chartered, Aditya Mandloi, Head, Wealth & Retail Banking, India and South Asia, Standard Chartered and Nitin Chengappa, Head Affluent Distribution & Branch Banking, India, Standard Chartered, in presence of other senior colleagues from the Bank.

Mastercard Announces Leadership Transition in Asia Pacific

Mastercard announced a leadership transition in its Asia Pacific region, with Ari Sarker set to step down from his role as President, Asia Pacific at the end of 2025. After more than a decade in the role, Ari will move into an advisory position, where he will focus on strategic initiatives and mentoring regional leadership to support a smooth transition.
Ari has been instrumental in Mastercard's growth across Asia Pacific, driving expansion, strengthening partnerships, and fostering a collaborative culture. His leadership has made a lasting impact on both the business and its people.
Effective January 1, 2026, Richard Wormald (Rich), currently Division President, Australasia, will succeed Ari as President, Asia Pacific. Rich brings deep regional experience and a strong track record of leadership, having led Mastercard's business in Australasia with a focus on performance, innovation, and stakeholder engagement.

Rajiv Anand Takes Charge as CEO of IndusInd Bank

Veteran banker Rajiv Anand took charge as IndusInd Bank's Chief Executive Officer and Managing Director.
Anand, whose appointment was announced earlier this month (August), was previously the Deputy Managing Director at private lender Axis Bank and has held key management positions at leading global financial institutions.

Aug 26, 2025

Rajiv Ranjan Appointed VP, Chief Risk Officer at NDB

The New Development Bank (NDB), established by the BRICS nations, appointed Rajiv Ranjan, a former Member of the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI), as its Vice-President and Chief Risk Officer (CRO). The announcement was made confirming a five-year term for the seasoned central banker.
Ranjan is a career economist and central banker with over 35 years of experience, primarily at the RBI, where he began his career in 1989.

PM Modi Launches Global Export of Maruti Suzuki's First Electric Vehicles

Prime Minister Narendra Modi visited the Suzuki Motor Plant in Ahmedabad, Gujarat, where he inaugurated the localised production of hybrid battery electrodes and launched the export of Maruti Suzuki's first global battery electric vehicle (BEV), the e VITARA, to over 100 countries, including Japan and several European nations.

DS Group and WPP Media Launch 'DCODE' - India's First Comprehensive Guide to Digital Marketing

Dharampal Satyapal Group (DS Group), a leading FMCG conglomerate and multi-business corporation, in collaboration with WPP Media, launched DCODE - The Guide to Digital Marketing.
This first-of-its-kind comprehensive playbook blends academic frameworks with practical application, delivering actionable systems, processes, and templates. It outlines best practices across all critical facets of digital marketing, including Paid Media, Social Media, Influencer Marketing, Search Engine Optimisation (SEO), Online Reputation Management (ORM), and more.

Aug 25, 2025

RBI Names Indranil Bhattacharyya as New MPC Member ahead of October Meet

The Reserve Bank of India (RBI) named Executive Director Indranil Bhattacharyya as the newest internal member of the Monetary Policy Committee (MPC), a panel that decides on the policy interest rate in India.
Bhattacharyya will replace Rajiv Ranjan, who is due to retire before the next MPC meeting that is due to take place between September 29 and October 1.
Bhattacharyya was appointed the RBI's Executive Director in March (2025). He has nearly three decades of experience across areas such as monetary policy, fiscal policy, banking, and international economic relations.

Uttar Pradesh International Trade Show Returns for its Third Edition

Uttar Pradesh's rich traditions, entrepreneurial spirit, and artisans' skills are set to take centre stage on the global platform as the Uttar Pradesh International Trade Show (UPITS) returns for its third edition at the India Expo Mart, Greater Noida, from September 25 to 29.
The mega event will showcase the strength of 'Made in UP' products--highlighting both the state's cultural identity and industrial power--to investors and buyers from across the world.
This year's (2025) edition is drawing unprecedented global participation.
Over 500 buyers from 80 countries are expected, with 340 buyers from 75 nations already confirmed.

APEDA to Open New Regional Offices in Patna, Raipur, and Dehradun to Boost Agri Exports

In a move to strengthen India's agricultural export ecosystem, the Agricultural and Processed Food Products Export Development Authority (APEDA) announced the opening of three new regional offices in Patna, Raipur, and Dehradun. This strategic expansion is designed to better support agricultural exporters across underserved regions and facilitate smoother export processes.
APEDA, an autonomous body under the Ministry of Commerce and Industry, is headquartered in New Delhi and currently operates 16 regional offices in key cities such as Mumbai, Bengaluru, Kochi, Bhopal, Varanasi, Srinagar, Jammu, Ladakh, and Guwahati.
The addition of Patna (Bihar), Raipur (Chhattisgarh), and Dehradun (Uttarakhand) brings APEDA's presence closer to several agri-producing states that have high export potential but limited institutional support.

Srinivasan K. Swamy Re-Elected as President of AAAI for 2025-26

The Advertising Agencies Association of India (AAAI) re-elected Srinivasan K. Swamy, Executive Group Chairman of R K Swamy Ltd, as its President for 2025-26. His reappointment reflects the industry's continued trust in his leadership.
Srinivasan K. Swamy is a seasoned leader in the advertising and communications sector, widely respected for his contributions to the growth and professionalisation of the industry.
Founded in 1945, the Advertising Agencies Association of India (AAAI) is the apex body of advertising agencies in the country.

Aug 24, 2025

ChatGPT Maker OpenAI Confirms Plans to Open 1st India Office

ChatGPT maker OpenAI confirmed plans to open its first India office in New Delhi later this year (2025), alongside new data highlighting the rapid adoption of its tools in the country.
Opening an office in India reflects OpenAI's support for the government's IndiaAI mission and commitment to partnering with the government to build "AI for India, with India.
It will also allow OpenAI to better serve its users in India, including the millions of students, educators, professionals, and developers who use OpenAI's tools to learn, be more creative, and solve problems for themselves and others.

Payments Council of India Re-appoints Patel, Srinivasu

Payments Council of India (PCI) announced that the executive council of the association unanimously approved the re-appointment of Vishwas Patel, Joint MD, Infibeam Avenues Ltd, as the chairperson.
Besides, the Council which represents non-banking payments ecosystem also appointed M. N. Srinivasu, Director, BillDesk, as the co-chairperson.
Their term in office is set for two years between 2025 and 2027.

Aug 23, 2025

UIDAI Unveils Aadhaar-based Authentication Framework for Cooperative Banks

The Unique Identification Authority of India (UIDAI) rolled out a new framework to onboard Cooperative Banks and enable them to deliver Aadhaar-based authentication services, giving a strong push to last-mile banking and digital inclusion.
The framework has been developed in close consultation with the Ministry of Cooperation, NABARD, NPCI and cooperative banks. It will cover all 34 State Cooperative Banks (SCBs) and 352 District Central Cooperative Banks (DCCBs) across the country.
Under the new system, the process of adopting Aadhaar services has been made simpler and cost-effective. Only the State Cooperative Banks will be registered with UIDAI as Authentication User Agencies (AUA) and eKYC User Agencies (KUA).

Share on

TCY Analytics (View Subscription Plans)

Subscribe to GK Updates

I want to receive

GK Tags

June GK, May GK, April 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