PM Modi will inaugurate the third annual meeting of Asian Infrastructure Investment Bank. The two-day meeting will be hosted by the Department of Economic Affairs, Ministry of Finance, in Mumbai. Ministry of Finance, in partnership with the Federation of Indian Chambers of Commerce & Industry
Read More
The government released a draft on cross-border insolvency that would help banks access overseas assets of a company undergoing resolution. The Indian authorities will also be required to cooperate with foreign creditors to a domestic company. The draft favours adoption of the UNCITRAL model on dealing with cross-border insolvency. The UNCITRAL model law envisages a balance between liquidation and reorganisation of global companies going in for resolution
Read More
The Union Home Ministry has banned new offshoots of the al-Qaeda and Islamic State under the anti-terror Unlawful Activities Act. Both al-Qaeda in Indian Subcontinent and the Islamic State of Iraq and the Sham-Khorasan, an Afghanistan-based affiliate of ISIS, have been declared unlawful.
Read More
India has hit back at US President Donald Trump’s protectionist policies, hiking customs duty on 29 products, including farm products, steel, and iron, which are imported from America. This retaliatory action is in response to the US move to raise tariffs on steel and aluminum products earlier this year, which had a tariff impact of $241 million on India
Read More
The redevelopment of the seven government colonies in Delhi will lead to an increase in the green area coverage by about 3 times from the existing green space area. The government colonies include Nauroji Nagar, Netaji Nagar, Sarojini Nagar, Mohammadpur, Sriniwaspuri, Kasturba Nagar and Thyagaraj Nagar. The redevelopment of the seven colonies is being done with complete adherence to environmental sustainability
Read More
The government will bring the single solar bid of 1 lakh MW, which would also include storage and solar equipment manufacturing components. The biggest tender was floated in Spain. Indian Government also brought out single tender of 10,000 MW. The country will overachieve the renewable energy target of 175 GW by 2022 and eventually have 225 GW
Read More
England Women registered the highest-ever total in women’s T20I cricket history by scoring 250/3 against South Africa Women in a T20I tri-series match. England Women surpassed the previous highest total of 216/1 scored by New Zealand Women against South Africa Women earlier in the day. New Zealand Women had overtaken Australia Women, who had recorded 209/4 in March
Read More
The United States is set to withdraw from the United Nations Human Rights Council, with the US ambassador to the UN calling the organization a “protector of human rights abusers and a cesspool of political bias. They claimed the council was a roadblock to genuine global human rights protection.
Read More
US scientists have unveiled the world’s most powerful and smartest scientific supercomputer named “Summit” that can complete over 200,000 trillion calculations per second. This supercomputer called Summit will be eight times more powerful than its previous top-ranked system, Titan. The Summit supercomputer demonstrates the strength of American leadership in scientific innovation and technology development
Read More
Renowned music composer A.R. Rahman has been appointed as the Brand Ambassador of the Sikkim government. He was appointed at the onset of ‘The Red Panda Winter Carnival 2018’, which aimed at increasing the flow of tourists. Sikkim government had made Mr. A.R. Rahman its Brand Ambassador of tourism and business. The 51-year-old music producer, who has in his kitty two Academy and two Grammy Awards, is now in Sikkim. Rahman had been made Sikkim’s brand ambassador of tourism and business.
Read More
NITI Aayog has ranked Rajasthan at first place among states in water conversation as it registered a significant increase in the level of groundwater. This achievement is due to water conservation structures built under Chief Minister’s Jal Swawlamban Abhiyaan programme. NITI Aayog has ranked Rajasthan at No.1 among the states in water conversation. The water level has increased in the state due to water conservation structures built under Chief Minister’s Jal Swawlamban Abhiyaan programme.
Read More
4th International Yoga Day 4th International Yoga Day is celebrated across the world. The United...
Read More
Amazon founder and CEO Jeff Bezos, the wealthiest person in the world, is richer than he has ever been before. The tech titan’s net worth has grown over $5 billion and now totals $141.9 billion, according to the Forbes World’s Billionaires list. That makes Bezos worth roughly $49 billion more than Bill Gates and about $60 billion more than Warren Buffett.
Read More
The world’s first International Centre for Humanitarian Forensics is launched at Gandhinagar in Gujarat today. It is a joint venture of the Regional delegation of the International Committee of the Red Cross in India, Bhutan, Nepal and the Maldives and also Gujarat Forensic Science University. Inaugurating the Centre, Additional Chief Secretary in the Gujarat government. The state has always taken a lead in implementing innovative ideas
Read More
Nadda launches National Health Resource Repository. The first-ever registry in the country registry of authentic, standardized and updated geospatial data of all public and private healthcare. The Indian Space Research Organisation is the project technology partner for providing data security. Under the Collection of Statistics Act 2008, more than 20 lakh healthcare establishments such as hospitals, doctors, clinics, diagnostic labs, pharmacies and nursing homes would be enumerated under this census, which will capture data on more than 1,400 variables.
Read More