Daily News

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Vipin Anand Took Charge as MD of LIC

Vipin Anand took charge as the Managing Director of Life Insurance Corporation of India (LIC). He was instrumental in setting up LIC’s operations in Singapore and Bangladesh.

Did you Know

MR Kumar is the Chairman of LIC.

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RBI Cuts Policy Repo Rate to 6 %

RBI reduced the repo rate under (Liquidity Adjustment Facility) by 25 basis points to 6% from 6.25% in the 1st Bimonthly Policy of FY 2019. Consequently, reverse repo rate adjusted to 5.75% and the Marginal Standing Facility (MSF) rate & Bank Rate to 6.25%.

Did you Know

RBI projected GDP growth for 2019-20 at 7.2%.

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Odisha Receives GI Tag for 'Kandhamal Haldi'

'Kandhamal Haldi', a variety of turmeric indigenous to southern Odisha, has earned the Geographical indication (GI) tag from Intellectual Property India, an organisation functioning under the auspices of the Union ministry of commerce & industry.

Did you Know

Odisha’s Foundation Day (Utkal Divas) is celebrated on 1 April.

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Reserve Bank to Inject USD 5 Billion Liquidity into Banking System

In a bid to further ease liquidity ahead of upcoming general elections, the Reserve Bank of India (RBI) announced the second round of dollar-rupee swap auction in less than a month to inject another $5 billion (about Rs 34,500 crore) into the banking system.

Did you Know

On March 26, RBI had bought $5B through similar auction.

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Garuda Prakashan launches ‘#Modi Again’ and ‘Saffron Swords’ books

Garuda Prakashan launched two books ‘#Modi Again: Why Modi is right for India, An Ex-Communist’s Manifesto’ authored by Aabhas Maldahiyar and ‘Saffron Swords - Centuries of Indic Resistance to Invaders’ authored by Manoshi Sinha Rawal.

Did you Know

Narendra Damodardas Das Modi is the 14thPrime Minister of India

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Vikram Patel Awarded Global Health Award

Vikram Patel has become the 1st Indian to be awarded 2019 John Dirks Canada Gairdner Global Health Award for his research in global mental health, generating knowledge on the burden & determinants of mental health problems in low & middle income countries.

Did you Know

Global Health Award is given by the Gairdner Foundation.

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India’s 1st Professional Kho-Kho League ‘Ultimate Kho-Kho’ Launched

The Ultimate Kho-Kho League, featuring 8 teams consisting of national & international players, has been proposed to be staged in two cities in September-October this year according to the Kho Kho Federation of India.

Did you Know

President of Kho Kho Federation of India is Sudhanshu Mittal.

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Ex-Actress Mayoori now Google India Industry Head - Agency Business

Former actress Mayoori Kango has joined Google India as its industry head – agency business. Mayoori, who chose films over joining IIT Kanpur, left acting in the 2000s. Before Google, she was working as the Managing Director at Performics.

Did you Know

Rajan Anandan quits as MD of Google India.

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State of Global Air Report 2019

State of Global Air report 2019 revealed that of the total 49 lakh deaths due to diseases caused by exposure to air pollution in 2017, India & China accounted for the most with 12 lakh deaths each. South Asia (Ban,Ind,Nep & Pak) is the most polluted region

Did you Know

Gurugram is the most polluted city in the world.

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Reliance Jio Acquires Chatbot Making Startup Haptik

Reliance Jio has acquired 87% stake in Mumbai-based Haptik to build India's largest AI assistant company across chat, voice and vernacular languages. In the ₹700-crore deal, ₹230 crore will go for business transfer & ₹470 crore will go towards expansion.

Did you Know

Aakrit Vaish & Swapan Rajdev are the co-founders of Haptik.