Daily News

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First China International Import Expo inaugurated

India has set up a Country Pavilion in the 1st China International Import Expo (CIIE) at Shanghai. Federation of Indian Export Organisations (FIEO) is the lead agency for the India Country Pavilion in CIIE. China is India's largest trading partner.

Did you Know

Beijing is the capital of China.

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Border Area Development Programme fund released

The Centre has released over 113 crores (Total 638 crore in FY) rupees to 6 border states. The BADP covers 17 states to meet special development needs of border population with a focus on the people living within 50 kilometers of International Border.

Did you Know

Rajnath Singh is the Union Home Minister.

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Nation's largest container port JNPT planning to host edible oil refinery

The nation's largest container port JNPT in Navi Mumbai is set to host an edible oil refinery to maximize revenue and ensure captive cargo. The state-run port already has a liquid cargo terminal and 4 container terminals off the city’s east coast.

Did you Know

Neeraj Bansal is the Chairman of JNPT.

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India, South Korea sign MoU on cooperation in sports

India and South Korea signed a Memorandum of Understanding on cooperation in sports in New Delhi. The objective of the MoU is to establish a framework to facilitate and promote cooperation between the two countries on the basis of reciprocity.

Did you Know

Rajyavardhan Rathore is Union Sports Minister.

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PMI survey: expansion territory for the fifth straight month

The country’s services sector in October expanded at the quickest pace since July, driven by significant increase in new business orders, which, in turn, led to robust workforce expansion, a monthly Purchasing Managers' Index to 52.2 in October 2018.

Did you Know

In PMI parlance, a print above 50 means expansion.

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Ola accelerates international expansion with New Zealand foray

After Australia and the UK, Indian ride-hailing company Ola is set to foray into New Zealand and will offer its services in Auckland, Wellington, and Christchurch. The company started its international operations earlier this year.

Did you Know

Bhavish Aggarwal is CEO of Ola.

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Facebook partners with news agency AFP to spot fake news

Social networking giant Facebook has teamed up with news agency Agence France-Presse (AFP), expanding the third-party fact-checking programme in India, as it looks to combat the spread of “fake news” on its platform ahead of general elections in 2019.

Did you Know

FB partnership with BOOM covers content in English & Bengali.

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RBI imposes fine on Fino Payments Bank

RBI has imposed Rs 1 cr fine on Fino Payments Bank for opening new a/c despite the warning. It is imposed for contravention of the direction to stop the opening of new a/c until further instructions on account of violation of certain licensing conditions.

Did you Know

Rishi Gupta is CEO of Fino Payment Bank.

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India, Malawi sign MoUs in Extradition Treaty, Atomic Energy and VISA Waiver

India and Malawi signed three MoUs on Extradition Treaty, cooperation in the field of Atomic Energy for peaceful purposes and VISA Waiver for Diplomatic and Official Passports. India will also extend a Line of credit to Malawi for the water project.

Did you Know

Malawi is a landlocked country in Southeast Africa.

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11th Asian Shooting Championship: Divyansh Singh clinches silver

India's junior shooters Divyansh Singh Panwar & Elavenil Valarivan won the silver and bronze medals in their respective air rifle events of the 11th Asian Shooting Championship held at Kuwait City. Wang Youfeng of China clinched Gold in the event.

Did you Know

ASC is governed by the Asian Shooting Confederation.