Shashi Shanker appointed as Chairman and Managing Director of India’s biggest oil and gas producer Oil natural Gas and Corporation (ONGC)till March 2021.
He is currently Director (Technical and Field Services) at ONGC.
Bharat Dynamics Limited (BDL) signed a contract with Research Centre Imarat (RCI) for the supply of Medium Range Surface-to-Air Missiles (MRSAM) to Indian Army.
The contract was signed to facilitate production, deliveries and product support of MRSAM system for the Indian Army. Directors and senior officials from BDL and senior scientists from DRDO were present on the occasion.
It is headquartered in Hyderabad, Telangana.
Indian Space research Organistaion (ISRO) globally acclaimed Mars Orbiter Mission (MOM) also known as Mangalyaan completed three years in Martian orbit.
On the occasion of completion of three years, ISRO released MOM second-year science data from September 24, 2014, to September 23, 2016.
The main plan designed built and launched by ISRO in a record period of fewer than two years in Rs.450 crore ($73 million US) budget, making it cheapest inter-planetary.
INS Tarasa (T94), the fourth and last ship in series of Water Jet Fast Attack Craft (WJFAC) was commissioned into Indian Navy at Naval Dockyard.
It is an improved variant of Car Nicobar-class high-speed offshore patrol vessels (OPVs) built by Kolkata (West Bengal) based Garden Reach Shipbuilder.
It is named after the picturesque island in the Andaman and Nicobar archipelago in Bay of Bengal.
Asian champion Govindan Lakshmanan of Services cruised to victory in the men's 5000-metre race on the opening day of the 57th National Open Athletics Championships at the Nehru Stadium.
He has recently won gold in the 3,000m event at the Asian Indoor Games in Ashgabat, Turkmenistan.
In Tripura, a new underground water treatment plant commissioned at Sadhutilla in the southern part of Agartala.
The plant has started functioning with a supply of quality treated water initially to 565 households through the pipeline.
The treatment capacity of 4 point 8 million litre per day.
It has two Over Head Storage Reservoirs with capacities of 1,130 Kilo Liter and 450 Kilo Liter.
Prime Minister Narendra Modi reconstituted the Economic Advisory Council (EAC) to guide him on economic issues and appointed economist Bibek Debroy as its chairman.
Debroy is a member of government think tank Niti Aayog.
The four other part-time EAC members are Surjit Bhalla, Rathin Roy, Ashima Goyal and Ratan Watal.
Karnataka Government to launch The Nava Karnataka 2025 or Vision 2025 was launched on Monday, for charting out a development roadmap for the next seven years.
The main aim of the government on several developmental goals, whether it was eliminating hunger, creating employment or decreasing malnutrition among children.
The Vision 2025 exercise will cover 13 sectors including agriculture and allied sectors, infrastructure, industrial development, education, employment, health and nutrition, rural development, social justice,
State Bank of India lowered the Minimum Average Monthly Balance (MAB) requirement in a savings account to Rs 3,000 from Rs 5,000 and also revised downwards penalties for not maintaining such a balance.
From July 1, tax on banking has been revised to 18 percent under Goods and Services Tax (GST), the new indirect tax regime.
The Reserve Bank of India (RBI) allowed banks to levy charges on non-maintenance of minimum balance in normal savings accounts.
The 7th ASEM (Asia–Europe Meeting) Economic Ministers’ Meeting was held in Seoul, South Korea.
The theme for the 2017 year meeting is‘ Innovative Partnership for Inclusive Prosperity’.
The meeting was conducted under the Chairmanship of the Ministry of Trade, Industry, and Energy of the Republic of Korea.
The 51 member countries signed a Joint Statement on Supporting the Multilateral Trade System.
The joint exercise DRUZBA 2017 between special forces of Pakistan and Russia Armies started in Minralney Vody, Russia.
Pakistan and Russia are holding two-week long joint military drill focusing on counter-terrorism operations to enhance military ties between the two countries.
The joint exercise will enhance and further strengthen military ties between the two countries and share Pakistan Army’s experience in the war against terrorism.
Last year, Russia held its first-ever military exercises with Pakistan and also started selling weapons to Islamabad.
Tribal Cooperative Marketing Development Federation of India Limited (TRIFED) inked Memorandum of Understanding (MoU) with e-commerce giant Amazon for selling tribal products.
The aim of the initiative is to promote tribal handicrafts like handloom products, cane and bamboo products, tribal jewelry, Dhokra craft, tribal weaves.
It is a national-level apex organization functioning under the administrative control of Ministry of Tribal Affairs.
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