Section 1 of 6 💼 Business & Economy Shriram Housing Finance Rebrands as Truhome Finance Shriram Housing Finance has been renamed as Truhome Finance following its acquisition by Warburg Pincus and co-investors including the Qatar Investment Authority (QIA). The rebranding reflects the company’s renewed focus on expanding access to affordable home loans across India. 💡 … Read more
Daily Current Affairs
Section 1 of 5 🌐 International News NPCI Partners with Magnati to Expand UPI in UAE NPCI International Payments Ltd (NIPL) partnered with UAE-based fintech firm Magnati to integrate Unified Payments Interface (UPI) into the UAE’s payment ecosystem. Partnership Details: Indian Partner: NPCI International Payments Ltd (NIPL) UAE Partner: Magnati (fintech firm) Objective: Integrate UPI … Read more
Section 1 of 6 💼 Business & Economy Wholesale Price Inflation Rises to 2.37% in December 2024 India’s Wholesale Price Index (WPI) inflation increased to 2.37% in December 2024, up from 1.89% in the previous month. Inflation Trend: Month WPI Inflation December 2024 2.37% November 2024 1.89% Key Drivers of Rise: Manufactured products price increase … Read more
Section 1 of 8 🌐 International News 6.9 Magnitude Earthquake Strikes Southwestern Japan A powerful 6.9 magnitude earthquake struck southwestern Japan on January 13, 2025, prompting tsunami warnings that were later lifted. Earthquake Details: Magnitude: 6.9 Time: 9:19 PM local time, January 13, 2025 Epicenter: Hyuga-Nada Sea, off Miyazaki Prefecture Tsunami Advisory: Issued for Miyazaki … Read more
Section 1 of 6 🌐 International News Mount Ibu Erupts in Indonesia Mount Ibu volcano in North Maluku, Indonesia erupted on January 11, 2025, producing a massive ash plume and lava flows. Eruption Details: Location: North Maluku, Indonesia Date: January 11, 2025 Ash Plume Height: Reached 4,000 meters (13,123 feet) Lava Flow: Spewed up to … Read more
Section 1 of 8 💼 Business & Economy RBI Lifts Lending Curbs on Asirvad Micro Finance & DMI Finance The Reserve Bank of India (RBI) removed lending restrictions on two major financial institutions: Asirvad Micro Finance (Chennai) and DMI Finance (Delhi). Background: Restrictions were imposed over excessive interest rate concerns Both institutions were barred from … Read more
Section 1 of 5 🇮🇳 National News ₹50,000 Crore Investment in National Waterways The Government of India announced a major infrastructure initiative with an investment of ₹50,000 crore over the next five years for the development of the inland water transport system. 💡 Key Objectives Improve efficiency of national waterways Enhance sustainability of transport infrastructure … Read more
Section 1 of 8 📊 Index & Rankings India Slips in Henley Passport Index 2025 India has slipped to 85th position in the Henley Passport Index 2025, down from 80th in 2024. The index, which measures visa-free access for passport holders, is compiled using data from the International Air Transport Association (IATA). Singapore retained the … Read more
Section 1 of 6 🌐 International News UNESCO Adds Sevdalinka to Intangible Cultural Heritage List UNESCO recognized Sevdalinka (Sevdah), a traditional folk music genre originating from the 16th-century Ottoman Empire, as Intangible Cultural Heritage. Recognition Details: Music Genre – Sevdalinka (also called Sevdah) Type – Traditional folk music Origin – 16th-century Ottoman Empire Nickname – … Read more
Section 1 of 6 📊 Index & Rankings Indian Railways Records ₹2 Lakh Crore Capex in FY25 Indian Railways achieved a capital expenditure of over ₹2 lakh crore in FY25 (up to December 2024), representing 76% of the total allocation. Capital Expenditure Breakdown: Total Capex – Over ₹2 lakh crore (76% of allocation) Gross Budgetary … Read more