Daily News

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Cabinet approves ISRO Technical Liaison Unit at Moscow

Cabinet has given nod to the setting up of ISRO Technical Liaison Unit (ITLU) at Moscow in Russia. ITLU will also support the ongoing bilateral programmes of cooperation in space technology and act on behalf of ISRO.

Did you Know

INDRA is a military exercise between India and Russia.

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Motor Vehicles Bill gives govt power to regulate Uber, Ola

The Parliament approved amendments to the Motor Vehicles Bill, expected to give the Centre power to regulate app-based taxi-hailing services such as Ola & Uber. It aims to address issues such as road safety, reducing deaths due to road accidents, etc.

Did you Know

The word ‘aggregators’ would be added in the new law.

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Postal dept decides to convert India Post Payments Bank into SFB

The Postal Department has decided to convert the India Post Payments Bank (IPPB) into a small finance bank (SFB), enabling it to offer small loans to customers. The department also looks to open one crore accounts for IPPB in 100 days.

Did you Know

Suresh Sethi is the Chief Executive Officer of IPPB.

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PNB Housing Finance raises around ₹690 crore from IFC

PNB Housing Finance Ltd has raised $100 million from International Finance Corporation to finance the purchase of affordable housing projects. The investment was made under the central bank's automatic route in the revamped ECB framework.

Did you Know

RBI has allowed us to borrow ECB up to $750 million annually.

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Ruhan Rajput honoured with 'Entrepreneur of the Year Award, 2019'

Ruhan Rajput was awarded the prestigious Entrepreneur Award 2019 in the category of 'Entrepreneur of the Year in Service Business - BPO/KPO'. He was acknowledged for his contributions & achievements in the business industry.

Did you Know

Ruhan Rajput also excels as an actor and model in Bollywood.

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IIT Kharagpur researchers develop process to manage wet municipal solid waste

Researchers from IIT Kharagpur has adopted a process called Hydro-Thermal Carbonization for the Indian conditions which can effectively manage mixed MSW with high moisture content. The mixed MSW can be converted into biofuel, soil amendment & absorbents.

Did you Know

Current waste burning processes focused on drier waste content.

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India Received Highest-Ever FDI Of Over $64 Billion In 2018-19

Acc. to a report by Department for Promotion of Industry and Internal Trade, India received $64.37 bn in investments in 2018-19 under the foreign direct investment policy liberalization & reforms. FDI worth $286 bn has been received in last 5 yrs.

Did you Know

DPIIT was set up in 1995, was reconstituted in 2000.

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Edelweiss Tokio Life ties up with MobiKwik to offer insurance solutions

Edelweiss Tokio Life Insurance has tied up with MobiKwik to offer mobile-based group insurance solutions. Through the partnership, the company will offer life insurance in the variants of ₹1 Lakh, ₹3 Lakh & ₹5 Lakh via MobiKwik’s wallet app & website.

Did you Know

Upasana Taku is the Co-Founder of MobiKwik.

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Ellyse Perry becomes first cricketer to reach 1000 runs, 100 wickets in T20Is

Australia all-rounder Ellyse Perry became the first cricketer of either gender to reach the rare milestone of scoring 1000 runs &taking 100 wickets in the T20 format. Bangladesh's Shakib al Hasan (1471 runs & 88 wickets) stands next in line to join Perry.

Did you Know

She took her 100th wicket in the World T20 final in Nov 2018.

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Hal Prince, Broadway legend and 21-time Tony winner dies

A Broadway director and producer Harold Prince has died at the age of 91. He was the 2- -time Tony award winner. He was famous for his fluid, cinematic director’s touch and was unpredictable and uncompromising in his choice of stage material.

Did you Know

He also was a recipient of a Kennedy Center Honor.