Weekly Current Affairs (1st December to 7th December 2024)

Weekly Current Affairs / Weekly Current Affairs (1st December to 7th December 2024)

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Category : Business and economics Published on: December 08 2024

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The Reserve Bank of India (RBI) has increased the wallet limit for UPI Lite to ₹5,000 and raised the offline transaction limit to ₹1,000 per transaction.
SAIL has signed an MoU with John Cockerill India for collaboration on green steel production and technology.
UPI has achieved a new milestone, processing 16 billion transactions worth ₹23.49 lakh crores in October 2024.
Uber has launched India's first water transport service, allowing shikara bookings on its app in Srinagar's Dal Lake.
MOIL, a Miniratna company, produced 1.63 lakh tonnes of manganese ore in November 2024, marking its best performance for the month since its inception.

ONGC will invest ₹4,600 crore in Andhra Pradesh’s KG Basin for drilling, offshore platforms, pipeline, and gas processing.
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India’s defence production reached a record ₹1.51 lakh crore in FY 2024-25, up 18% from last year.
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China and Hong Kong won the Asia Rugby U-20 Sevens titles, while India’s women claimed bronze in Bihar.
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DPIIT signed an MoU with Zepto to support manufacturing startups under the Zepto Nova Innovation Challenge.
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Indian Navy will commission stealth frigates INS Udaygiri and INS Himgiri together for the first time on 26 August 2025.
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Lok Sabha passed the revised Income Tax Bill 2025, expanding officials’ powers for search operations.
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Kerala’s KSFE became the first miscellaneous NBFC in India to cross ₹1 lakh crore turnover.
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WHO confirmed Kenya has eliminated sleeping sickness as a public health problem.
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Aadhaar Face Authentication transactions doubled from 100 crore to 200 crore in just six months.
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Tata’s Nelco and France’s Eutelsat will provide OneWeb satellite internet services in India.
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Weekly Current Affairs (1st December to 7th December 2024)