{"id":169007,"date":"2024-03-14T13:09:05","date_gmt":"2024-03-14T07:39:05","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=169007"},"modified":"2024-03-14T19:26:04","modified_gmt":"2024-03-14T13:56:04","slug":"14-march-2024-current-affairs","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/","title":{"rendered":"14 March 2024 Current Affairs in English"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_77 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of content<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#14_March_2024_Current_Affairs\" >14 March 2024 Current Affairs<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#14th_March_Daily_Current_Affairs_2024\" >14th March Daily Current Affairs 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#Pi_Day_2024\" >Pi Day 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#World_Kidney_Day_2024\" >World Kidney Day 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#International_Day_of_Action_for_Rivers_2024\" >International Day of Action for Rivers 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#Heavy_Industries_Ministry_Announces_Electric_Mobility_Promotion_Scheme_2024\" >Heavy Industries Ministry Announces Electric Mobility Promotion Scheme 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#India_signed_a_181_million_dollar_loan_with_ADB_to_improve_urban_livability_and_mobility_in_Ahmedabad\" >India signed a 181 million dollar loan with ADB to improve urban livability and mobility in Ahmedabad<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#%E2%80%98Agray_and_%E2%80%98Akshay_ships_launched_to_augment_Indian_Navys_anti-submarine_operations\" >\u2018Agray\u2019 and \u2018Akshay\u2019 ships launched to augment Indian Navy\u2019s anti-submarine operations<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#Perfios_secures_80_million_funding_set_to_become_2nd_unicorn_of_2024\" >Perfios secures $80 million funding, set to become 2nd unicorn of 2024<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#RBI_bars_Federal_South_Indian_Bank_from_issuing_co-branded_credit_cards\" >RBI bars Federal, South Indian Bank from issuing co-branded credit cards<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#The_government_allows_RBI_to_import_gold_without_paying_import_levies\" >The government allows RBI to import gold without paying import levies<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#RBI_imposes_%E2%82%B9140_cr_monetary_penalty_on_Bank_of_India\" >RBI imposes \u20b91.40 cr monetary penalty on Bank of India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#RBI_unveils_draft_guidelines_on_climate-related_financial_disclosures\" >RBI unveils draft guidelines on climate-related financial disclosures<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#Aurionpro_Solutions_inks_a_6-year_contract_with_the_State_Bank_of_India\" >Aurionpro Solutions inks a 6-year contract with the State Bank of India<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#Sidbi_gets_245_million_from_Green_Climate_Fund_for_its_Avaana_Sustainability_Fund\" >Sidbi gets $24.5 million from Green Climate Fund for its Avaana Sustainability Fund<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#Sidbi_gets_245_million_from_Green_Climate_Fund_for_its_Avaana_Sustainability_Fund-2\" >Sidbi gets $24.5 million from Green Climate Fund for its Avaana Sustainability Fund<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.oliveboard.in\/blog\/14-march-2024-current-affairs\/#Union_Minister_Rajeev_Chandrasekhar_Inaugurates_Indias_1st_FutureLABS_center_at_C-DAC_Thiruvananthapuram\" >Union Minister Rajeev Chandrasekhar Inaugurates India\u2019s 1st FutureLABS center at C-DAC Thiruvananthapuram<\/a><\/li><\/ul><\/nav><\/div>\n\n<h2 class=\"wp-block-heading\" id=\"ftoc-heading-1\"><span class=\"ez-toc-section\" id=\"14_March_2024_Current_Affairs\"><\/span>14 March 2024 Current Affairs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>14 March 2024 Current Affairs refers to the latest news and events happening worldwide and are relevant to our daily lives. Staying updated with the 14 March 2024 Current Affairs is essential for students who are preparing for exams, especially competitive exams, as it forms an important part of the syllabus. The importance of the 14 March 2024 Current Affairs lies in its ability to help students enhance their general knowledge, improve their reading and comprehension skills, and develop their critical thinking abilities.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"ftoc-heading-1\"><span class=\"ez-toc-section\" id=\"14th_March_Daily_Current_Affairs_2024\"><\/span>14th March Daily Current Affairs 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>14 March 2024 Current Affairs also provides students with insights into issues such as politics, economics, and social issues that are important for their overall development as informed citizens. Regularly reading and analyzing the 14 March 2024 Current Affairs not only helps students ace their exams but also prepares them for their future roles as responsible and well-informed citizens of society.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"ftoc-heading-1\"><span class=\"ez-toc-section\" id=\"Pi_Day_2024\"><\/span>Pi Day 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/12\/Pi-Day-2024-14th-March-Know-Everything-About-the-\u03c0-pi.webp\" alt=\"Pi Day 2024 (14th March), Know Everything About the Pi\" class=\"wp-image-152821\"\/><\/figure>\n\n\n\n<p>Pi Day 2024 falls on&nbsp;<strong>Thursday, March 14th<\/strong>. This annual celebration of the mathematical constant \u03c0 (pie) promises to be another exciting day filled with fun, education, and, of course, pie!<\/p>\n\n\n\n<p>Pi (\u03c0), pronounced \u201cpie,\u201d is a mathematical constant representing the\u00a0<strong>ratio of a circle\u2019s circumference to its diameter<\/strong>. It\u2019s a special number because, no matter how big or small the circle, this ratio will always be the same. This makes it a fundamental constant in various fields like mathematics, physics, engineering, and even art. <a href=\"https:\/\/www.oliveboard.in\/blog\/pi-day\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read the complete article here.<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"ftoc-heading-1\"><span class=\"ez-toc-section\" id=\"World_Kidney_Day_2024\"><\/span>World Kidney Day 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/12\/World-Kidney-Day-2024.webp\" alt=\"World Kidney Day 2024\" class=\"wp-image-152499\"\/><\/figure>\n\n\n\n<p><strong>World Kidney Day 2024:<\/strong>\u00a0World Kidney Day is a worldwide effort to make people aware of how crucial our kidneys are for our health.<\/p>\n\n\n\n<p>World Kidney Day is a team effort led by the International Society of Nephrology (ISN) and the International Federation of Kidney Foundations \u2013 World Kidney Alliance (IFKF-WKA). <a href=\"https:\/\/www.oliveboard.in\/blog\/world-kidney-day-2024\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read<\/a> the complete article here.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"ftoc-heading-1\"><span class=\"ez-toc-section\" id=\"International_Day_of_Action_for_Rivers_2024\"><\/span>International Day of Action for Rivers 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1280\" height=\"720\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/12\/International-Day-of-Action-for-Rivers-2024.webp\" alt=\"International Day of Action for Rivers 2024\" class=\"wp-image-152582\"\/><\/figure>\n\n\n\n<p><strong>International Day of Action for Rivers 2024:\u00a0<\/strong>Every year on March 14th, people around the world observe the International Day of Action for Rivers. This special day, now in its 25th year, focuses on protecting our rivers, celebrating their importance, and making more people aware of why they matter so much. It\u2019s a day to remind everyone that if we want to keep our rivers safe and use them wisely, we need to work together, no matter where we live. People in communities that rely on rivers for their way of life need to join forces and tell leaders that rivers are crucial. <a href=\"https:\/\/www.oliveboard.in\/blog\/international-day-of-action-for-rivers-2024\/\" target=\"_blank\" rel=\"noreferrer noopener\">Read the complete article here.<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Heavy_Industries_Ministry_Announces_Electric_Mobility_Promotion_Scheme_2024\"><\/span>Heavy Industries Ministry Announces Electric Mobility Promotion Scheme 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1200\" height=\"900\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/12\/Tata-Power-ties-up-with-Indian-Oil-to-set-up-500-EV-charging-points-across-India.webp\" alt=\"\" class=\"wp-image-152259\"\/><\/figure>\n\n\n\n<p>The Heavy Industries Ministry has announced the Electric Mobility Promotion Scheme 2024 to accelerate the adoption of Electronic Vehicles (EVs) in India. The Ministry said that a total outlay of 500 crore rupees will be implemented for four months under the scheme. It will run from 1st of the next month until July.<\/p>\n\n\n\n<p>It added that only electric two-wheelers (e-2W) and electric three-wheelers (e-3W) will be eligible under the scheme, including registered e-rickshaws, e-carts, and L5 automobiles. Furthermore, only EVs fitted with advanced batteries will be subject to incentives to encourage the growth of advanced technologies.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"India_signed_a_181_million_dollar_loan_with_ADB_to_improve_urban_livability_and_mobility_in_Ahmedabad\"><\/span>India signed a 181 million dollar loan with ADB to improve urban livability and mobility in Ahmedabad<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/12\/Govt-ADB-sign-USD-100-mn-loan-agreement-to-improve-tourism-facilities-in-Tripura.webp\" alt=\"\" class=\"wp-image-155448\" width=\"684\" height=\"342\"\/><\/figure>\n\n\n\n<p>India has signed an 181 million dollar loan with the Asian Development Bank (ADB) to improve urban livability and mobility in Ahmedabad.<\/p>\n\n\n\n<p>The loan will fund development in areas transitioning from rural to urban, called per-urban areas. The Project will also support 10 junction improvements along the existing Sardar Patel Ring Road to improve the connectivity of the peri-urban area<\/p>\n\n\n\n<p>Under the Ahmedabad Peri-urban Livability Improvement Project, 166 km of water distribution network, 126 km of climate-resilient stormwater drainage, 300 km of sewerage systems, and four sewage treatment plants will be constructed.<\/p>\n\n\n\n<p>The Ministry said that this will benefit the urban poor, women, and migrant workers through improved urban services and urban governance.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E2%80%98Agray_and_%E2%80%98Akshay_ships_launched_to_augment_Indian_Navys_anti-submarine_operations\"><\/span>\u2018Agray\u2019 and \u2018Akshay\u2019 ships launched to augment Indian Navy\u2019s anti-submarine operations<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To augment the Indian Navy\u2019s anti-submarine operations, two ships \u2018Agray\u2019 and \u2018Akshay\u2019 were launched on Wednesday nearly five years after the Ministry of Defence signed a contract with Kolkata-based PSU GRSE for the production of eight such ASW Shallow Water Crafts. Agray and Akshay \u2013 named after erstwhile Abhay Class Corvettes Agray and Akshay of the Indian Navy \u2013 are the 5th and 6th SWC.<\/p>\n\n\n\n<p>The ASW SWC ships are 77.6 meters long and 105 meters wide with a displacement of 900 tonnes and endurance of over 1800 NM.<\/p>\n\n\n\n<p>In the last year, 3 indigenously built warships\/submarines for the Indian Navy have been delivered and a total of 9 warships were launched.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Perfios_secures_80_million_funding_set_to_become_2nd_unicorn_of_2024\"><\/span>Perfios secures $80 million funding, set to become 2nd unicorn of 2024<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Fintech-focussed software-as-a-service firm Perfios said it has secured $80 million in funding from Teachers\u2019 Venture Growth (TVG), a late-stage venture and growth investment arm of Ontario Teachers\u2019 Pension Plan.<\/p>\n\n\n\n<p>With the fresh investment, the company\u2019s new valuation will cross the $1 billion mark, said sources, which makes Perfios the second unicorn of 2024.<\/p>\n\n\n\n<p>A unicorn is a term used to describe startups or companies valued at $1 billion or more.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RBI_bars_Federal_South_Indian_Bank_from_issuing_co-branded_credit_cards\"><\/span>RBI bars Federal, South Indian Bank from issuing co-branded credit cards<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Following the directions by the RBI private sector lenders Federal Bank and South Indian Bank stopped issuing co-branded credit cards to new customers on account of regulatory deficiencies, according to exchange filings. In a separate exchange filing, Federal Bank informed that post a letter from the RBI the lender has stopped issuance due to regulatory deficiencies.<\/p>\n\n\n\n<p>South Indian Bank said it will not onboard new customers on their co-branded credit cards until it fully complies with directions under RBI Master Direction on Credit Card and Debit Card issuance. South Indian Bank has one co-branded credit card in partnership with State Bank of India (SBI), which is available in two variants SimplySAVE and Platinum.<\/p>\n\n\n\n<p>On March 7, the RBI released a Master Direction on \u201cAmendment to the Master Direction \u2014 Credit Card and Debit Card \u2014 Issuance and Conduct Directions, 2022. According to the notification, co-branded cards should explicitly indicate that the card has been issued under a co-branding arrangement with clear mention of the card issuer.\u201d<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"The_government_allows_RBI_to_import_gold_without_paying_import_levies\"><\/span>The government allows RBI to import gold without paying import levies<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>India has allowed its central bank to import gold without paying import levies.<\/p>\n\n\n\n<p>Gold importers from the world&#8217;s second-biggest gold consumer need to pay basic customs duty and Agriculture Infrastructure and Development Cess (AIDC). As of September 2023, the Reserve Bank of India held 800.79 metric tonnes of gold, including gold deposits of 39.89 tonnes.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RBI_imposes_%E2%82%B9140_cr_monetary_penalty_on_Bank_of_India\"><\/span>RBI imposes \u20b91.40 cr monetary penalty on Bank of India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Reserve Bank of India has imposed a monetary penalty of \u20b91.40 crore on the Bank of India for non-compliance with certain directions issued by it on \u2018Interest Rate on Deposits\u2019, \u2018Customer Service in Banks\u2019, and \u2018Interest Rate on Advances\u2019, among others. It has also imposed a penalty of Rs 29.55 lakh on private sector lender Bandhan Bank for non-compliance with certain directions<\/p>\n\n\n\n<p>The penalty on Bank of India has been imposed for non-compliance with the RBI&#8217;s directions related to &#8216;interest rate on deposits&#8217;, &#8216;customer service in banks&#8217;, &#8216;interest rate on advances&#8217;, and contravention of provisions of Credit Information Companies Rules, 2006.<\/p>\n\n\n\n<p>RBI also said a penalty of Rs 13.60 lakh has been imposed on Indostar Capital Finance Ltd for non-compliance with the &#8216;Monitoring of Frauds in NBFCs (Reserve Bank) Directions, 2016&#8217; and with certain provisions of KYC directions.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"RBI_unveils_draft_guidelines_on_climate-related_financial_disclosures\"><\/span>RBI unveils draft guidelines on climate-related financial disclosures<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>RBI unveiled draft guidelines on the disclosure framework on climate-related financial risks for regulated entities. These guidelines are set to apply to a wide array of REs, including scheduled commercial banks, Tier IV primary urban co-operative banks, foreign banks operating in India, all Indian financial institutions (AIFIs), and top and upper layer NBFCs.<\/p>\n\n\n\n<p>REs have been requested to furnish their comments and feedback by the end of April. These guidelines aren\u2019t unanticipated, given prior developments, such as the RBI\u2019s joining the Central Banks and Supervisors Network for Greening the Financial System as a member in April 2021, the release of a paper on climate risk in July 22, and the Monetary Policy Statement in Feb 2023.<\/p>\n\n\n\n<p>The disclosures by REs are expected to cover four thematic pillars: governance, strategy, risk management, metrics, and targets, aligning with the global framework of the Task Force on Climate-related Financial Disclosures (TCFD).<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Aurionpro_Solutions_inks_a_6-year_contract_with_the_State_Bank_of_India\"><\/span>Aurionpro Solutions inks a 6-year contract with the State Bank of India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Mumbai-based tech company Aurionpro Solutions has secured a Rs 100-crore contract from the State Bank of India for the license, implementation, and support of its transaction banking platform, iCashpro+. The company will have to deliver the license and implementation in phases over 12 months, along with maintenance and support for six years.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Sidbi_gets_245_million_from_Green_Climate_Fund_for_its_Avaana_Sustainability_Fund\"><\/span>Sidbi gets $24.5 million from Green Climate Fund for its Avaana Sustainability Fund<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Small Industries Development Bank of India (Sidbi) has received $24.5 million from the Green Climate Fund (GCF) for its maiden anchored project `Avaana Sustainability Fund (ASF)&#8217; valued at $120 million.<\/p>\n\n\n\n<p>GCF, a pivotal component of the historic Paris Agreement, is the world&#8217;s largest climate fund.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Sidbi_gets_245_million_from_Green_Climate_Fund_for_its_Avaana_Sustainability_Fund-2\"><\/span>Sidbi gets $24.5 million from Green Climate Fund for its Avaana Sustainability Fund<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>As per the Nationally Determined Contribution (NDC) concerning the UN\u2019s Framework Convention on Climate Change (UNFCCC), India aims to cut emissions intensity of its GDP by 45% by 2030, from the 2005 level and achieve about 50% cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Union_Minister_Rajeev_Chandrasekhar_Inaugurates_Indias_1st_FutureLABS_center_at_C-DAC_Thiruvananthapuram\"><\/span>Union Minister Rajeev Chandrasekhar Inaugurates India\u2019s 1st FutureLABS center at C-DAC Thiruvananthapuram<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Union Minister Rajeev Chandrasekhar inaugurated India\u2019s first FutureLABS center in C-DAC Thiruvananthapuram. This center, namely, \u201cCentre for Semiconductor Chips &amp; Systems for Strategic Electronics\u201d, will be playing a crucial role in catalyzing an ecosystem for next-generation chip design, manufacturing, and research.<\/p>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/www.oliveboard.in\/blog\/caiib-pyps\/\" aria-label=\"CAIIB Previous Year Question Paper, Download Free PDF\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"84\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/12\/CAIIB-1.webp\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"\" style=\"\" srcset=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/12\/CAIIB-1.webp 730w, https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/12\/CAIIB-1-150x99.webp 150w\" sizes=\"auto, (max-width: 128px) 100vw, 128px\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/caiib-pyps\/\">CAIIB Previous Year Question Paper, Download Free PDF<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/www.oliveboard.in\/blog\/caiib-free-quizzes\/\" aria-label=\"Attempt CAIIB Free Practice Quizzes &amp; 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