Current Affairs - Business
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Exercise : Business - Latest Current Affairs
- Business - Latest Current Affairs
1.
Which Indian company has partnered with the United States in a $300 billion project to build the “America First Refining” oil refinery at the Port of Brownsville, Texas?
Answer: Option
Explanation:
The United States announced a historic $300 billion partnership with Reliance Industries Ltd to build a major oil refinery called “America First Refining” at the Port of Brownsville in Texas, United States. The project was announced by Donald Trump and represents the first major refinery construction in the U.S. in about 50 years. It is expected to be one of the cleanest refineries in the world and the largest investment in U.S. history. The initiative aims to strengthen energy security, create thousands of jobs, and stabilize global oil markets amid disruptions in supply routes such as the Strait of Hormuz.
Date : 2026-03-13
2.
Which digital payments company partnered with GoKwik to launch India’s first Integrated Conversion-to-Completion stack for D2C brands?
Answer: Option
Explanation:
PayU partnered with GoKwik to introduce India’s first Integrated Conversion-to-Completion stack aimed at improving the online shopping experience for Direct-to-Consumer (D2C) brands. The collaboration integrates GoKwik’s conversion intelligence with PayU’s advanced payment infrastructure to reduce revenue loss caused by checkout drop-offs and payment failures. This innovative solution helps merchants create a smoother and more reliable purchase journey for customers. By addressing common issues such as failed payments and abandoned carts, the integrated system supports businesses in scaling efficiently and maximizing revenue while ensuring a seamless transaction process for online shoppers.
Date : 2026-03-13
3.
Which country is the headquarters of the automation machinery manufacturer ABB that announced a $75 million investment to expand manufacturing and R&D operations in India in 2026?
Answer: Option
Explanation:
ABB is a global automation and electrification company headquartered in Switzerland. The company announced a $75 million investment in India for 2026 as part of its “local-for-local” strategy, which focuses on strengthening domestic manufacturing and research capabilities. This investment builds on a previous $35 million investment in 2025 and contributes to more than $230 million invested in India over the last decade. The expansion will enhance facilities across multiple locations, including Bengaluru, Hyderabad, Nashik, and Vadodara. These investments will support innovation in areas such as sustainable mobility, high-speed rail propulsion, power technologies, and advanced research while also creating around 300 new skilled engineering and research jobs in India.
Date : 2026-03-11
4.
Which Indian company was selected as the official partner for UNESCO’s World Engineering Day for Sustainable Development 2026?
Answer: Option
Explanation:
Adani Group was selected as the official partner for UNESCO’s World Engineering Day for Sustainable Development (WED) 2026. This recognition marks the first time an Indian organization has been chosen for this global partnership coordinated by the World Federation of Engineering Organizations under UNESCO. The selection highlights the company’s contributions to renewable energy and sustainable engineering solutions. A major factor behind this recognition is the massive Khavda Renewable Energy Project in Gujarat, being developed by Adani Green Energy Limited. The project aims to reach a capacity of 30 GW by 2029, making it one of the largest renewable energy projects in the world and supporting India’s clean energy goals.
Date : 2026-03-06
5.
Which company secured a ₹36 crore order to supply fabricated steel products for a BHEL project?
Answer: Option
Explanation:
BMW Ventures Limited secured a ₹36 crore contract to supply fabricated steel products for a major project executed by Bharat Heavy Electricals Limited (BHEL). The order signifies the company’s strategic expansion into large-scale infrastructure and power sector projects, moving beyond its traditional operational scope. The contract includes the supply of structural steel fabrication and related critical components essential for thermal or industrial infrastructure initiatives. The execution timeline is estimated at 12–18 months, enhancing the company’s order book strength, revenue visibility, and positioning within India’s rapidly growing infrastructure and energy sector.
Date : 2026-02-28
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