Daily News

Image

Ease of Doing Business: India jumps 23 spots to 77th rank in World Bank's latest report

India was ranked at 77th in the World Bank's latest Ease of Doing Business rankings. India has jumped 23 notches from last year. The report recognized India as one of the top 10 improvers in this year’s assessment, for the second successive time.

Did you Know

India has improved its rank by 53 positions in the last 2 years.

Image

Seychelles launches World’s First Sovereign Blue Bond

Seychelles has launched the world’s first sovereign blue bond. It is a pioneering financial instrument designed to support sustainable marine and fisheries projects. The bond has raised US$15 million from international investors.

Did you Know

Victoria is the capital of Seychelles.

Image

India signs $950 million contract with Russia to buy two stealth frigates

India has signed a $950 million contract with Russia for 2 upgraded Krivak III-class stealth frigates. They are built by Yantar Shipyard of Russia & will be powered by Ukrainian gas turbine engines. They are expected to be delivered by the end of 2022.

Did you Know

They would be equipped with anti-ship BrahMos missile systems.

Image

IAMAI forms committee to promote Augmented and Virtual Reality (AR/VR)

The Internet and Mobile Association of India has formed a new industry expert committee chaired by Namrita Mahindro with an aim to promote Augmented & Virtual Reality technology to drive economic growth, job creation, and skill development in the country.

Did you Know

IAMAI is headquartered at Mumbai and founded in 2004.

Image

Indo-Myanmar Regional Border Committee Meet

The 13th Indo-Myanmar Regional Border Committee Meet is held at Mantripukhari Garrison, Imphal. It provides opportunities for discussing & resolving the crucial issues relating to border management, bi-lateral cooperation & insurgency.

Did you Know

Indian delegation was headed by Lieutenant General Gopal R.

Image

World's longest DNA sequence decoded

A team of UK scientists has claimed the record for decoding the world's longest DNA sequence. The scientists produced a DNA read that is about 10,000 times longer than normal, and twice as large as a previous record holder, from Australia.

Did you Know

A team is led by Matt Loose at Nottingham University.

Image

GST collections cross Rs 1 lakh crore in October

GST collections in October crossed ₹ 1 Lakh Cr mark, after a gap of 5 months. The states which achieved extraordinary growth in total taxes collected include Kerala (44%), Jharkhand (20%), Rajasthan (14%), Uttarakhand (13%) & Maharashtra (11%).

Did you Know

The total revenue earned by central govt is ₹ 48954 Cr for CGST.

Image

'Soura Jalanidhi' scheme launched in Odisha

Odisha has launched the Soura Jalanidhi scheme that aims to increase use of solar energy for helping farmers in irrigating their land. Under the scheme, 5,000 solar pumps will be given to Odisha farmers at a subsidy of 90% to irrigate 2,500 acres of land.

Did you Know

It is a dug well based solar pump irrigation in convergence mode

Image

G.N. Bajpai resigns from IL&FS’ new board

G.N. Bajpai has stepped down from the director of the govt-nominated board which set up to rescue debt-laden Infrastructure Leasing and Financial Services Ltd. Recently, the board submitted its tentative revival plan to the National Company Law Tribunal.

Did you Know

The IL&FS board is chaired by Uday Kotak.

Image

Pankaj Advani wins second leg of Asian Snooker Tour in Jinan, China

The 19-time world champion Pankaj Advani has won the second leg of the Asian Snooker Tour in Jinan, China. He defeated China's Ju Reti in the final and become the first Indian to win an Asian Snooker Tour event.

Did you Know

He is the defending champion in both snooker and Billiards.