The State Bank of India (SBI), the country's largest public sector bank, has presented a remarkable dividend cheque of Rs 5,740 crore to the Finance Minister, marking a significant milestone in the bank's financial performance. This record-breaking dividend payout highlights SBI's robust profitability and its contribution to the nation's economy.

Indian Overseas Bank has introduced a groundbreaking scheme that enables customers to use any name as their account number. This customer-centric approach aims to enhance convenience, personalization, and ease of banking services, revolutionizing the traditional account number system.

NITI Aayog, the premier policy think tank of India, has collaborated with the United Nations to expedite sustainable development efforts in the country. This partnership aims to leverage expertise, resources, and innovative solutions to address key developmental challenges and promote sustainable and inclusive growth across various sectors in India.

The issue price for the Sovereign Gold Bond Scheme has been set at Rs 5,926 per gram by the government. This move aims to encourage investors to participate in the scheme, which offers an attractive alternative to physical gold investment, providing both financial returns and the benefits of government-backed security.

The SEACEN-FSI 25th Conference of Asia-Pacific Supervision Directors recently took place in Mumbai, India, bringing together key stakeholders and experts from the banking and financial sectors. The conference aimed to foster collaboration and exchange knowledge on regulatory and supervisory practices in the Asia-Pacific region.

Vigyan Vidushi 2023, a prestigious program, aims to empower women in the fields of science and technology. With a focus on capacity building, mentoring, and networking opportunities, this initiative seeks to bridge the gender gap in STEM fields and promote gender equality in the realm of scientific research and innovation.

According to data from MyGovIndia, India has emerged as the global leader in digital payments, surpassing other nations in terms of digital payment adoption and usage. The data highlights the rapid growth and widespread acceptance of digital payment methods in India, reflecting the country's transition towards a cashless economy.

The Asian Development Bank (ADB) and the Government of India have signed a $130 million loan agreement to support the promotion of horticulture in Himachal Pradesh. The funding will facilitate the development of sustainable horticulture value chains, improve production and post-harvest management practices, and enhance market linkages for farmers in the region.

The central government has announced that it has banned more than 150 websites and YouTube news channels that were deemed to be anti-India in the past two years. The move aims to counter misinformation and prevent the spread of content that threatens national security and communal harmony.

The Reserve Bank of India (RBI) has introduced four significant measures aimed at bolstering the strength and stability of 1,514 Urban Co-operative Banks (UCBs). These measures, ranging from improved governance to enhanced capital requirements, are intended to enhance the resilience and governance framework of UCBs, ensuring the safety of depositors and promoting a sound banking system.

GAME (Global Alliance for Mass Entrepreneurship) and SIDBI (Small Industries Development Bank of India) have joined forces to introduce the NBFC (Non-Banking Financial Company) Growth Accelerator Program. This initiative aims to address the funding challenges faced by Micro, Small, and Medium Enterprises (MSMEs) in India, providing them with easier access to finance and fostering their growth and resilience.

The Indian government has announced the extension of the Exploration of Coal and Lignite Scheme, aiming to tap into the country's vast energy potential. This initiative highlights India's commitment to harnessing its coal and lignite reserves to meet the growing energy demands, promote self-sufficiency, and drive economic growth.

The Kilauea Volcano, located on Hawaii's Big Island, has erupted, spewing lava and ash into the sky and prompting the evacuation of nearby residents. This recent eruption has reignited fears and memories of the volcano's devastating eruption in 2018, which destroyed hundreds of homes and displaced thousands of people.

The Reserve Bank of India (RBI) has broadened the scope of the Trade Receivables Discounting System (TReDS) by allowing insurance companies to participate as financiers, promoting easier access to working capital for micro, small, and medium enterprises (MSMEs).

The Indian Institute of Corporate Affairs (IICA) and the Royal Roads University (RRU) have signed a Memorandum of Understanding (MoU) to foster academic and research collaboration, promoting knowledge exchange and capacity building in the field of corporate governance and sustainable development.

The National Mission for Mentoring (NMM) has been initiated to provide mentorship and guidance to the youth of India, fostering their personal growth, skill development, and career aspirations.

Go Digit Life Insurance has been granted approval by the Insurance Regulatory and Development Authority of India (IRDAI) to commence operations in the life insurance segment, opening up new avenues for customers seeking comprehensive life insurance solutions.

Microsoft has joined forces with AirJaldi, a leading rural broadband provider, to extend internet access and bridge the digital divide in rural areas of India, unlocking opportunities for education, entrepreneurship, and socio-economic growth.

Federal Bank has initiated the "I Am Adyar, Adyar Is Me" campaign in Chennai to celebrate the spirit and diversity of the Adyar neighborhood. The campaign aims to create a sense of community, promote local businesses, and highlight the unique cultural heritage of Adyar. Through various activities and initiatives, Federal Bank intends to foster a strong bond among residents and enhance the overall vibrancy of the Adyar locality.

The Reserve Bank of India (RBI) has released its Annual Report for the year 2022-2023, providing valuable insights into the country's economic performance and financial stability. The report highlights key findings, policy measures, and future outlook, shedding light on various aspects such as inflation, growth, banking sector reforms, and regulatory initiatives. It serves as a comprehensive resource for policymakers, economists, and stakeholders to assess the state of the Indian economy and guide future strategies.

LIC (Life Insurance Corporation of India), one of the country's largest insurance companies, has increased its stake in Tech Mahindra, a leading global technology company, to 8.88% through open market transactions. This move signifies LIC's confidence in Tech Mahindra's growth prospects and reflects the strong investment potential of the technology sector in India.

NTPC Kanti, a power generating unit in Bihar, has initiated the Girl Empowerment Mission (GEM) 2023, a transformative program aimed at empowering 40 underprivileged girls. Through education, skill development, and mentorship, GEM aims to create a brighter future for these girls, enabling them to break barriers and achieve their full potential.

The emergence of an El Niño weather phenomenon has sparked concerns about its potential influence on global weather patterns in 2023-2024. Scientists and meteorologists are closely monitoring this climate event, as it could lead to significant disruptions, including droughts, heavy rainfall, and extreme temperatures, affecting various regions around the world.

In a bid to alleviate the financial burden on farmers and ensure fair prices for their produce, the government has launched a Price Support Scheme. This initiative aims to provide stability to agricultural markets and protect farmers from price fluctuations, ultimately promoting their welfare and safeguarding the agricultural sector.

The central government has given its approval for the third revival package for Bharat Sanchar Nigam Limited (BSNL) amounting to Rs 89,047 crores. This significant financial injection aims to revitalize the state-owned telecom operator, strengthen its infrastructure, and enhance its competitiveness in the rapidly evolving telecommunications sector.

The Pradhan Mantri Jan Aushadhi Yojana is a flagship program aimed at providing affordable and quality generic medicines to the masses. By making essential medications accessible to all, this initiative is revolutionizing healthcare in India and ensuring that no one is deprived of essential treatment due to financial constraints.