Daily News

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International Yoga Day is celebrated on June 21 across the world

Fifth International Yoga Day is celebrated on June 21 to raise awareness worldwide of the many benefits of practicing yoga. The 2019 theme of the day is ‘Yoga for Climate Action’. This year's main event in India was held in Ranchi, Jharkhand.

Did you Know

Yoga Locator app was launched by the Ministry of AYUSH.

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Federal Bank raises Rs 300 cr via Basel III compliant bonds

Federal Bank has raised ₹ 300 Cr by issuing Basel III-compliant bonds on private placement basis. The bonds with a tenure of 10 yrs, will bear coupon rate of 9.75% per annum payable annually. Banks in India must comply with Basel III norms by Mar 31, 2020.

Did you Know

The tagline of Federal Bank – Your Perfect Banking Partner.

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DBS revises India GDP forecast for FY20 down to 6.8 per cent

DBS Bank has revised India's GDP growth for the fiscal year 2020 downwards to 6.8% year-on-year (YoY) from 7%. The bank has expected 3.8% inflation in FY 20.

Did you Know

DBS Bank is headquartered in Singapore.

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National Housing Bank tightens norms on HFCs’ capital adequacy ratios

NHB has increased the capital adequacy ratio for Housing Finance Companies. The minimum CAR of 15% needs to be achieved by March 2022. Also, NHB added that the companies cannot accept fixed deposits of not more than 3 times their NOF.

Did you Know

Dakshita Das is the CEO and MD of National Housing Bank.

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India extends $15 mn assistance to Niger for holding AU summit

India has extended USD 15 million assistance to Niger for organizing the African Union (AU) summit scheduled to be held in Niamey. The AU summit is expected to launch the historic African Continental Free Trade Area (AfCFTA).

Did you Know

Niger:
Capital – Niamey;
Currency – CFA franc.

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NHA, ICICI Foundation to skill 15,000 personnel to implement Ayushman Bharat scheme

National Health Authority & ICICI Foundation have signed an agreement to train 15,000 state & district personnel & Arogya Mitras to streamline delivery of health services under AB –PM JAY. Arogya Mitras serves as the first-point contact for beneficiaries.

Did you Know

Indu Bhushan is the CEO of Ayushman Bharat-PM JAY.

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SEBI sets up panel to review margins on derivatives

Securities and Exchange Board of India has set up a working group, headed by NSE Clearing Ltd., to review the current framework of margins in the futures and options segment. It will submit its recommendations to the Secondary Market Advisory Committee.

Did you Know

Chairman of SEBI – Ajay Tyagi.

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India’s first solar-powered cruise boat to be rolled out in December

Kerala is gearing up for the launch of India’s 1st solar-powered cruise boat by Dec. It will be rolled out in Alappuzha. The hybrid vessel will be powered by a motor that can source energy from solar panels. Its battery will have 80 KWh power backup.

Did you Know

Kerala CM – Pinarayi Vijayan; Governor – P Sathasivam.

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WHO launches tool for safer use of antibiotics, curb resistance

World Health Organization has launched an online tool known as ‘AWaRe’, aimed at guiding policymakers & health workers to use antibiotics safely & more effectively. ‘AWaRe’ classifies antibiotics into three groups named Access, Watch &Reserve.

Did you Know

WHO: HQ – Geneva, Switzerland.

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Nitesh Kumar Jangir wins Innovation Award in UK

Nitesh Kumar Jangir has won the 2019 Commonwealth Secretary – General’s Innovation for Sustainable Development Award in London. He created Saans as a breathing support device to tackle avoidable deaths of premature babies from respiratory distress syndrome

Did you Know

Saans - 1st neonatal Continuous Positive Airway Pressure Device