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Current Affairs

Empowering Women, DAY-NRLM and SIDBI Collaborate
In a groundbreaking initiative, the Deendayal Antyodaya Yojana - National Rural Livelihood Mission (DAY- NRLM) and the Small Industries Development Bank of Indi... In a groundbreaking initiative, the Deendayal Antyodaya Yojana - National Rural Livelihood Mission (DAY- NRLM) and the Small Industries Development Bank of India (SIDBI) have officially sealed a transformative Memorandum of Understanding (MOU). This historic agreement, spanning two years, represents a significant leap forward in advancing women-led enterprises in India. Signed in the presence of key dignitaries, including Secretary of Rural Development Shri Shailesh Kumar Singh and SIDBI's Chairman & Managing Director Shri Sivasubramanian Ramann, the collaboration aims to create a robust support structure for women entrepreneurs (WEs) within Self Help Groups (SHGs).
DFC Invests $553 Million in Adani Port Terminal Project
In a significant move, the U.S. International Development Finance Corporation (DFC) has committed $553 million to the Adani Ports-led container terminal project... In a significant move, the U.S. International Development Finance Corporation (DFC) has committed $553 million to the Adani Ports-led container terminal project in Colombo, just months after the Adani Group faced accusations of orchestrating the "largest con in corporate history." CEO Scott Nathan expressed enthusiasm for the impressive West Container Terminal, emphasizing the DFC's focus on driving private-sector investments that promote development and economic growth while adhering to high standards of transparency and due diligence.
Mundra Becomes India's First Port To Handle 16.1 Million Tonnes Of Cargo.
With its strategic location, superior infrastructure and consistent growth, Mudra Port, the flagship of Adani Ports and Special Economic Zone (APSEZ) Becomes In... With its strategic location, superior infrastructure and consistent growth, Mudra Port, the flagship of Adani Ports and Special Economic Zone (APSEZ) Becomes India's First Port To Handle 16.1 Million Tonnes Of Cargo. Mundra Port's remarkable feat does not stop at just one record. It crossed the 100 MMT-mark in a mere 210 days, surpassing its previous record of 231 days from the previous year. In addition to its rapid growth in cargo volume, the port also witnessed double-digit growth in containers, with a 10% increase and in liquids and gas, a 14% increase.