Venu Srinivasan, chairman of TVS Motor Company and Sundaram Clayton has been conferred with the prestigious Deming ‘Distinguished Service Award For Dissemination and Promotion Overseas’, at a ceremony held in Tokyo.
Deming Prize sponsors- Japanese Union of Scientists & Engineers.
As per the recommendations of Working Group to Review Regulatory and Supervisory Framework for Core Investment Companies(CICs) headed by Tapan Ray, CICs will have to form board level committees, appoint independent directors and conduct internal audits.
Tapan Ray, former secretary of the corporate affairs ministry.
Cabinet, headed by PM Narendra Modi, gave nod for signing of a revised Double Taxation Avoidance Convention (DTAC) with Brazil with an aim to provide tax certainty, among other things, to investors and businesses of both countries.
The existing DTAC b/w India & Brazil was signed on April 26,1988
On the occasion of 550th Birth Anniversary of Guru Nanak Dev Ji HRD Minister Ramesh Pokhriyal Nishank along with Food Processing Industries Minister launched three books namely, Guru Nanak Bani, Nanak Bani, and Sakhian Guru Nanak Dev.
Food Processing Industries Minister- Harsimrat Kaur Badal.
Acc. to International Monetary Fund, Eurozone economic growth is set to slow more than expected as the bloc’s manufacturing crisis could spill over to the larger services sector under protracted global trade tensions.19-country eurozone would grow by 1.2%.
IMF HQs- Washington, D.C., United States.
Ujjivan Small Finance Bank launches Digital Savings Account along with Fixed Deposit & Privilege Savings Account to offer distinctive banking & digital services to its customers. One can deposit up to a max. amount of Rs.1 Lakh in this account without KYC.
Samit Ghosh, CEO & Managing Director, Ujjivan Small Finance Bank
In a move to give impetus to the export of Khadi, the govt. has allocated a separate Harmonized System (HS) code for this fabric. Khadi did not have exclusive HS code and all the export data regarding this fabric used to come under the normal fabric head.
Khadi & Village Industries Commission Chairman- Vinai Kr.Saxena.
India & Russia have signed an inter-governmental agreement on the manufacturing of spares, components and aggregates through joint ventures to reduce the cost and augment indigenisation. Agreement was signed at 19th IRIGC-M&MTC meeting.
It was co-chaired by Defence Minister Rajnath Singh.
Government approved a Rs 25,000 crore fund to help complete over 1,600 stalled housing projects. Alternative Investment Fund (AIF) will comprise Rs 10,000 crore coming from the government and the remaining being provided by state insurer LIC and SBI.
AIF, was first announced by FM on September 14, 2019.
Union Cabinet chaired by Prime Minister Narendra Modi gave its ex-post facto approval to the Memorandum of Understanding (MoU) between India and Switzerland on technical cooperations in the field of climate change.
Switzerland President- Ueli Maurer.
China and France signed contracts totaling $15 billion during a visit by President Emmanuel Macron.Deals were struck in the fields of aeronautics, energy and agriculture, including approval for 20 French companies to export poultry, beef and pork to China.
France bordered by Belgium,Luxembourg &Germany to the northeast.