Current Affairs - Business

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Exercise : Business - Latest Current Affairs
  • Business - Latest Current Affairs
1.
Which company signed an agreement with SMS Group to deploy the world’s first EASyMelt decarbonisation technology at its Jamshedpur Works?
JSW Steel
Tata Steel
SAIL
ArcelorMittal
Answer: Option
Explanation:
Tata Steel entered into a definitive agreement with SMS Group (through Paul Wurth S.A.) to implement the innovative EASyMelt technology at its Jamshedpur plant. This project represents the first industrial-scale deployment of this electrically-assisted syngas smelter technology, designed to significantly reduce carbon emissions in ironmaking. The initiative is expected to cut CO2 emissions by over 50% compared to conventional blast furnace operations. It also aligns with Tata Steel’s long-term sustainability goal of achieving net-zero emissions by 2045, marking a major advancement in green steel production and environmentally responsible industrial practices.

2.
Which company received the GreenPro ecolabel certification from the Confederation of Indian Industry (CII) for sustainable steel manufacturing on April 18, 2026?
Tata Steel
JSW Steel
Jindal Steel and Power
Rathi Steel And Power
Answer: Option
Explanation:
The GreenPro ecolabel certification, awarded by the Confederation of Indian Industry (CII), recognises environmentally sustainable products and manufacturing practices. Rathi Steel And Power Limited earned this certification for its Fe 550 Grade TMT rebars, marketed under the brand Rathi Powertech. This achievement highlights the company’s commitment to green steel production, reduced carbon emissions, and environmentally responsible construction materials. The certified products also contribute to green building standards by offering credits under LEED and aligning with Indian Green Building Council (IGBC) norms, reinforcing sustainable infrastructure development in India.

3.
Which companies signed MoUs with the Ministry of Labour & Employment to enhance digital job matching through the NCS portal in April 2026?
TCS and Infosys
Flipkart and Amazon
Porter And Gigin
Ola and Uber
Answer: Option
Explanation:
Porter and Gigin are the companies that entered into agreements with the Ministry of Labour & Employment to improve employment opportunities through the National Career Service portal. These collaborations aim to strengthen digital job matching by connecting jobseekers with verified opportunities in sectors like logistics and gig work. The initiative focuses on generating large-scale employment, increasing employer participation, and enhancing transparency using technology such as Artificial Intelligence. It also supports skill development and integrates with multiple platforms to expand access and improve the efficiency of the employment ecosystem in India.

4.
Which organisation is responsible for grassroots delivery and community-based intervention in the e-SafeHER cybersecurity awareness program?
Tata
Adani
Infosys
Reliance
Answer: Option
Explanation:
The Reliance Foundation partnered with C-DAC Hyderabad to launch the e-SafeHER program on April 13, 2026, under MeitY’s ISEA programme. The initiative aims to train one million rural women (Cyber Sakhis) by 2029, with phased rollout starting in Madhya Pradesh and Odisha through women’s Self-Help Groups using a peer-led model. C-DAC Hyderabad develops localised multilingual training content, while Reliance Foundation handles grassroots delivery. The program enhances last-mile cybersecurity awareness for secure digital transactions and rural livelihoods. C-DAC, established in 1988 and headquartered in Pune, is a premier R&D organisation under MeitY. Reliance Foundation, established in 2010 and based in Mumbai, drives community-based intervention under this initiative.

5.
Which fintech startup entered the unicorn club in April 2026 after securing $280 million in pre-IPO funding?
Razorpay
KreditBee
Paytm
PhonePe
Answer: Option
Explanation:
KreditBee achieved unicorn status in April 2026 after raising $280 million in a pre-IPO funding round, reaching a valuation of $1.5 billion. The company has shown strong financial performance, reporting ₹2,700 crore in revenue and ₹473 crore in net profit for FY25. Its Assets Under Management (AUM) grew significantly to ₹15,000 crore in FY26. The funding will support expansion in secured and MSME lending segments. Additionally, the company is preparing for an IPO, including merging its tech and NBFC entities, marking a significant milestone in its growth journey.