Daily News

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Rajiv Bansal appointed Air India chairman and managing director

Bureaucrat Rajiv Bansal has been appointed as the chairman & managing director(CMD) of Air India.The post became vacant after incumbent Ashwani Lohani completed his tenure. He is at present additional secretary in the ministry of petroleum and natural gas.

Did you Know

Air India Subsidiaries: Alliance Air, Airline Allied Services.

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Rishi Sunak, Narayana Murthy's son-in-law, is the new UK Finance Minister

UK Prime Minister Boris Johnson has appointed Indian-origin Rishi Sunak as his new finance minister. He replaced Sajid Javid who resigned from the post of Chancellor of the Exchequer.He is affiliated with the British Conservative Party.

Did you Know

He is married to the Akshata Murthy (Narayana Murthy's daughter)

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SEBI rolls out system to detect misuse of client securities by brokers

Securities and Exchange Board of India (Sebi) introduced a system to monitor and detect misuse of client securities by stock brokers. Under the new system, an online register will record brokers’ holdings of client securities.

Did you Know

Dr. S. A. Dave was first chairman of SEBI.

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Union cabinet okays changes in 'Vivad se Vishwas' Bill for faster resolution in direct tax litigation

The Union Cabinet approved changes in the 'Direct Tax Vivad se Vishwas Bill, 2020' with a view to increase its scope to cover litigation pending in various debt recovery tribunals (DRTs).The Bill was introduced in the Lok Sabha earlier this month.

Did you Know

Cabinet meeting is chaired by Prime Minister Narendra Modi.

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Former TERI Chief and environmentalist RK Pachauri dies at 79

Rajendra Kumar Pachauri, the former chief of The Energy and Resources Institute, passed away at the age of 79. He played a pivotal role in growing this institution, and making it a premier global organisation in the sustainability space.

Did you Know

Nitin Desai,chairman of TERI(The Energy and Resources Institute)

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ICAI to set up Sustainability Accounting Standards Board

ICAI will set up a Sustainability Accounting Standards Board to help companies in achieving sustainable development goals.With the proposed standards, there would be disclosure requirements for companies in terms sustainable development goals of the UN.

Did you Know

ICAI is Chartered accountants' apex body.

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Katsuya Nomura, 84, Enduring Star of Japanese Baseball, Dies

Katsuya Nomura, a mainstay of the baseball world in postwar Japan who was one of the country’s greatest catchers before going on to a long second career as a manager. He was 84.In his 26 years as a player and a player-manager, Nomura hit 657 home runs.

Did you Know

Abner Doubleday invented Baseball game.

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Indian hockey captain Manpreet Singh named Player of the Year 2019 by IHF

The Indian men's hockey team captain Manpreet Singh was named Player of the Year for 2019 by the International Hockey Federation. He became the first Indian to win the accolade since the awards were introduced in 1999.

Did you Know

Belgium's Arthur van Dorren came second in the list.

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15th Finance Commission Forms Panel For Separate Defence And Internal Security Fund

15th Finance Commission constituted a 5 member group on Defence & Internal Security.The panel will examine whether a separate mechanism for funding of defence & internal security ought to be set up, & if so, how such a mechanism could be operationalized.

Did you Know

The chairman of the commission N.K. Singh will head the group.

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Govt appoints Debasish Panda as financial services secretary

In a major bureaucratic reshuffle, the Appointments Committee of the Cabinet headed by Prime Minister Narendra Modi appointed Debasish Panda as the secretary of finance ministry’s department of financial services.

Did you Know

The current Finance Minister of India is Nirmala Sitharaman.

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Climate change impact on agriculture: 50 million to be poor by 2030, says UN body

In the 43rd Governing Council meeting of the IFAD held at Rome, Italy it announced that climate change would push 100 million people into the abyss of poverty by 2030. Close to half of these would be due to climate change’s impacts on agriculture.

Did you Know

IFAD- International Fund for Agricultural Development.

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Exercise Ajeya Warrior 2020 began in Salisbury Plains, UK

Indian and British armies began the fifth edition of their joint exercise, 'Ajeya Warrior' on, 13 February in UK. The exercise is aimed at conducting training of troops in counterinsurgency and counter-terrorist operations in urban & semi-urban areas.

Did you Know

Over 120 soldiers each from the 2 armies are participating.

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Conference on Combating Drug Trafficking for BIMSTEC partner nations begins

Home Minister Amit Shah will inaugurate a 2-day Conference on Combating Drug Trafficking for BIMSTEC Partner Nations in New Delhi. It will provide an opportunity to all the member nations to deliberate on the increased threats posed by drug trafficking.

Did you Know

Narcotics Control Bureau is organizing the conference.

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Senior Bombay HC judge S C Dharmadhikari resigns

Second senior most judge of the Bombay High Court, Justice Satyaranjan Dharmadhikari, has tendered his resignation. Justice Dharmadhikari, who was made a judge of the Bombay High Court on November 14, 2003, was in line to be elevated as Chief Justice.

Did you Know

Chie Justice of India- Sharad Arvind Bobde.

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India out of US’ developing nations list for trade benefits

Ahead of President Donald Trump’s visit on February, The United States Trade Representative removed India from its list of developing countries that are exempt from investigations into whether they harm American industry with unfairly subsidised exports.

Did you Know

India’s share in global exports was 1.67% in 2018.