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Twenty-nine journalists from print and electronic media was awarded the Matri Shree Media Awards for their contribution towards journalism. Apart from media personalities, a social activist was also presented the Bharat Mata shield at the 44th Matri Shree media award ceremony organized in New Delhi.
A former mayor of North Delhi Municipal Corporation Adesh Gupta was also felicitated for his contribution to social service.
The awards were presented by Working President of Punjab Kesari... Read More
India’s domestic air passenger traffic grew about 3% year-on-year during May. It reversed a 4.5% fall the sector witnessed in April as a result of the grounding of cash-strapped Jet Airways Ltd., India that led to severe capacity crunch in the sector.
According to data from Directorate General of Civil Aviation (DGCA) said that the domestic carriers carried a total of 1.22 crore passengers in May compared with 1.19 crore passengers carried by various airlines during the corresponding... Read More
United Nations report said that India is set to overtake China as the most populous country by 2027. India will have almost 1.64 billion inhabitants by 2050. South Asia’s opportunity to reap the demographic dividend will peak by 2047.
According to the World Population Prospects 2019 report India is expected to have the largest national increase in the world by 2050. China, on the other hand, is expected to become smaller, dropping from its current 1.43 billion people to approximately 1.4... Read More
The Kerala State Electricity Board (KSEB) signed a power purchase agreement with Kochi-based GJ Eco Power Pvt. Ltd. to establish Waste-to-Energy (WtE) plants across the State. GJ Eco Power Pvt. Ltd. has been implementing the project at the Brahmapuram solid waste treatment plant.
The proposed plant is expected to be commissioned within 18 months of the launch of its construction. The power purchase agreement was signed in the presence of Electricity Minister M.M. Mani, Electricity Department... Read More
Indiabulls Housing Finance Ltd has appointed Naveen Uppal as the Chief Risk Officer (CRO). The appointment complied with norms of National Housing Bank (NHB), the housing finance sector regulator. His appointment will be for a period of three years with effect from June 17, 2019. He will be directly reporting to the managing director and CEO of the company.
The appointment comes after the announcement made by RBI on 16 May which said that all non-banking financial... Read More
The World Bank has agreed a loan agreement of $518 million to Pakistan for reforms to enhance tax revenues and reduce compliance cost to provide better services to the public.
The bank approved $400 million loan for the Federal Board of Revenue (FBR) to increase its tax to gross domestic product ratio from 13% to 17% and enhance the number of income tax return filers, among other reforms.
The other $118 million will go to revenue mobilization and public resource management project of... Read More
Kona Raghupati was unanimously elected as the Deputy Speaker of the Andhra Pradesh Legislative Assembly on 18 June 2019. He is a two-time MLA from the ruling YSRCP who is representing Bapatla constituency.
Mr. Raghupati was nominated by the Municipal Administration and Urban Development Minister Botsa Satyanarayana which was backed by other members of the cabinet and senior leaders of the ruling party. Speaker Tammineni Sitaram declared the election of Kona Raghupathi as Deputy Speaker as he... Read More
The Himachal Pradesh government made it mandatory for trekkers to carry a GPS device to tackle any exigency on 18 June 2019. The decision was made in a review meeting chaired by Additional Chief Secretary Shrikant Baldi on preparedness for the monsoon in Shimla.
The announcement also added that it is important that trekking and other yatras must be restricted during adverse weather. Being a disaster-prone state special attention must be taken to disseminate weather advisories and installing... Read More
NITI Aayog, the government's think tank, has proposed that only electric vehicles should be sold after 2030. The move is to expand the scope of the clean fuel technology beyond two- and three-wheelers.
Proposal to Ministries:
♦ It also seeks to fix responsibility for different ministries. It had asked the Ministry of road transport and highways to prepare a framework to phase out the sale of diesel and petrol vehicles by 2030.
♦ It has also suggested that the... Read More
According to the Randstad Employer Brand Research (REBR) 2019 reported that Amazon India, the E-commerce giant, is the most attractive employer brand in the country. Amazon scored high on financial health, utilisation of latest technologies and a strong reputation.
The top 10 most-attractive employer brands in India for 2019 are:
6th-Larsen &... Read More
England captain Eoin Morgan set the world record for most sixes (17) in an One Day International (ODI). He achieved this record during his 71-ball 148-run knock against Afghanistan in World Cup on 18 June 2019. Morgan was assisted by Joe Root in the 189-run partnership for the third wicket during which Root made 88 runs off 82 balls.
The previous record for most sixes (16 sixes) was jointly held by Rohit Sharma, Chris Gayle and AB de Villiers. England ended up with the 6th... Read More
The Reserve Bank of India had set up an eight-member expert committee under the leadership of former chairman of SEBI, UK Sinha on 18 June 2019. The aim is to review the current framework for the MSME sector.
Members of the committee:
1)Head: UK Sinha, former chairman of SEBI
2)Ram Mohan Mishra, development commissioner for MSME
3)Pankaj Jain, Joint secretary at the department of financial services
4)PK Gupta, SBI managing director
5)Anup Bagchi, ICICI... Read More
Om Birla has been unanimously elected as the 17th Lok Sabha Speaker with the opposition Congress coming out in support of the National Democratic Alliance (NDA)’s candidate. Birla will replace Sumitra Mahajan.
He is a two-time Bharatiya Janata Party (BJP) member of Parliament (MP) from Rajasthan. Birla is also a member of the Standing Committee on Energy in Parliament, member of Committee on Petitions and Consultative Committee for Ministry of social justice and... Read More
The Reserve Bank of India (RBI) imposed Rs.1 crore penalty on private sector lender HDFC Bank for violating know your customer (KYC) and anti-money laundering (AML) norms. The penalty was imposed on 18 June 2019.
RBI had received a reference from customs’ authorities regarding submission of forged bill of entries (BoEs) by certain importers to the bank for remittance of foreign currency.
RBI's examination revealed the violations of the RBI directions on KYC/AML norms and... Read More
Facebook finally unveiled the details of Libra, its cryptocurrency. Using Libra people can buy things or send money to people with nearly zero fees. It will be rolled out for use in 2020 and allow the platform’s billions of users across the globe to make financial transactions online. The currency will be serviced by a collective of companies called the Libra Association.
Libra is a global currency and financial infrastructure. In other words, it is a digital asset built... Read More
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