Daily News

Image

Prakash Javadekar gets heavy industries portfolio as Arvind Sawant quits

President Ram Nath Kovind assigned Prakash Javadekar the heavy industries and public enterprises portfolio after Arvind Sawant resigned.He is already in charge of the Ministry of Environment, Forest & Climate Change, Ministry of Information & Broadcasting.

Did you Know

Prakash Javadekar, Rajya Sabha (Maharashtra).

Image

Vijay Karnani, Goldman India co-head, to retire after 21 years

Goldman Sachs Group Inc.’s co-head for India business, Vijay Karnani, is set to retire after 21 years with the company. He joined Goldman Sachs in 1998 as an associate in equity capital markets & moved to the equity derivatives team in Hong Kong in 2000.

Did you Know

Goldman Sachs Group, Inc, HQs- New York ; CEO: David M. Solomon

Image

Indian Olympic Association rejects new National Sports Code draft

The Indian Olympic Association (IOA) has rejected the new National Sports Code , drafted in 2017. It included the barring of ministers, members of parliament and legislative assemblies from holding office in National Sports Federation and IOA.

Did you Know

Currently, the National Sports Code 2011 is in effect.

Image

RBI withdraws some exemptions granted to HFIs

Reserve Bank of India has withdrawn some exemptions granted to mortgage finance companies in terms of complying with regulations such as provisions and creation of reserve fund that would put them on par with other non-banking finance companies.

Did you Know

RBI have the power to inspect HFCs statements submitted by HFCs.

Image

Inaugural Conclave on “National Capital Region -2041” held in Delhi

Secretary, Ministry of Housing and Urban Affairs, GoI, chaired the inaugural conclave on “National Capital Region -2041” organized by the National Capital Region Planning Board (NCRPB). Currently, the Regional Plan with the horizon year 2021 was in-force.

Did you Know

Theme , “Planning for Tomorrow’s Greatest Capital Region”.


Image

Saurabh Chaudhary takes silver: Asian shooting championship

Saurabh Chaudhary bagged men’s air pistol silver. With a World record of 246.5 Kim Song Guk of North Korea clinched Gold in the Asian shooting championship in Doha, Qatar. Together with Abhishek Verma & Sharvan Kumar, Saurabh won the team bronze for India.

Did you Know

Kim Song Guk improved on Saurabh’s World record by 0.2 point.

Image

Dharmendra Pradhan inaugurates the India Pavilion at the ADIPEC

Union Minister of Petroleum & Natural Gas and Steel Shri Dharmendra Pradhan inaugurated the India Pavilion at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC). The India Pavilion has been set up by 9 Indian Oil & Gas companies.

Did you Know

Pavan Kapoor is India’s Ambassador to the UAE.

Image

Assam Industries & Commerce dept signs MoU with Malaysia India Business Council

Assam Industries and Commerce Department has signed a MoU with Malaysia India Business Council (MIBC) to improve the two-way trade and investment between India and Malaysia. Assistance will be accorded to business or trade missions.

Did you Know

Mahathir Mohamad- Prime Minister of Malaysia.

Image

Industrial Output Shrinks 4.3% in September in Weakest Showing since April 2012

According to the latest CSO data, India’s industrial production contracted 4.3% in September, the weakest performance in seven years, due to output decline in manufacturing, mining and electricity sectors. This was a second straight month of contraction.

Did you Know

The IIP had declined by 0.75 in April, 2012.

Image

Javelin thrower Sundar Singh wins gold in World Para Athletics Championships

Javelin thrower Sundar Singh Gurjar won India's 2nd gold defending his World Para Athletics Championships title in men's F46 javelin throw event. With this, India has secured 3 Tokyo Paralympic Games quota, along with the bronze winner Ajeet Singh & Rinku.

Did you Know

India now have 2 gold & silver each & a bronze.

Image

27th Conference of Central and State Statistical Organizations (COCSSO) inaugurated

Bimal K Roy, Chairman, National Statistical Commission inaugurated the 27th Conference of Central and State Statistical Organizations at Kolkata, West Bengal. It is organized by Ministry of Statistics and Programme Implementation (MoSPI) every year.

Did you Know

Rao Inderjit Singh- Minister of State(I/C) , MoSPI.

Image

Government to buy 10% of bonds issued by MSME: MSME minister

According to Minister of Micro, Small and Medium Enterprises, the government will buy 10% of the bonds issued by the MSMEs to support them in tapping the capital market. Start of digital data-based credit rating system (MSMEs) has been also planned.

Did you Know

MSMEs account for 49% of the exports from the country.