Daily News

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Vinay Dube appointed as GoAir CEO

Wadia group-promoted GoAir has appointed Vinay Dube as the airline's Chief Executive Officer.Till now, he was serving as an advisor to the carrier, a role which he took up after quitting the defunct Jet Airways in May last year.

Did you Know

GoAir Managing Director Jeh Wadia.

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Govt renames two institutes in honour of Sushma Swaraj

Pravasi Bharatiya Kendra, a cultural centre reflecting India's connect with its diaspora,was renamed Sushma Swaraj Bhavan in honour of the late foreign minister.Foreign Service Institute has also been renamed the Sushma Swaraj Institute of Foreign Service.

Did you Know

Current Minister of External Affairs is Subrahmanyam Jaishankar.

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Banks' loans rise over 7% in two weeks to January 31: RBI report

According to Reserve Bank of India's (RBI) weekly statistical supplement, Indian banks' loans rose 7.1% in the two weeks to January 31 from a year earlier, while deposits increased 9.9%. Bank deposits rose Rs 1.98 trillion rupees to Rs 133.24 trillion.

Did you Know

Shaktikanta Das, Governor, Reserve Bank of India.

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Boris Johnson appoints Alok Sharma as UK's business minister, COP26 president

British Prime Minister Boris Johnson appointed Alok Sharma as his new business minister. Sharma, 52, was also appointed as the minister in charge of the UK's COP26 climate change summit. He was previously secretary of state for international development.

Did you Know

COP26 is scheduled to be held in Glasgow, Scotland.

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India's wholesale inflation rises to 8-month high of 3.1% in January

According to the data released,India's Wholesale Price Index (WPI) inflation worsened to 3.1 per cent in January from 2.59 per cent in December, registering a 0.51 per cent increase. This is the highest inflation figure in last eight months.

Did you Know

Retail inflation calculated on the basis of Consumer Price Index

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Tata Mutual Fund launches Tata Multi Asset Opportunities Fund

Tata Mutual Fund launches 'Tata Multi Asset Opportunities Fund'. The fund will invest in exchange traded commodity derivatives. The launch comes after SEBI's nod to mutual funds to expand into commodity derivatives. This is the first of its kind scheme .

Did you Know

It will cover Equity,commodity derivatives &debt asset classes

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Nitin Gadkari inaugurates first inter-city electric bus service

Union transport minister Nitin Gadkari inaugurated the first inter-city electric bus service, between Mumbai and Pune. The 43-seater capacity luxury electric bus, manufactured by Mitra Mobility Solution, has a range of 300 kilometre on a single charge.

Did you Know

Minister for Transport, Highways and MSMEs, Nitin Gadkari.

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LIC Housing Finance adopts Google Cloud for newly launched App with HomY Mascot

LIC Housing Finance Ltd. has partnered with Google Cloud to host its next-generation digital mobile platform which is expected to better serve the needs of home loan applicants.It will reduce the lengthy paper-based loan application process.

Did you Know

Siddhartha Mohanty, MD & CEO of LIC Housing Finance.

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Common portal for health insurance claim settlements on the cards :IRDAI

The insurance regulator is seeking to bring all stakeholders in the health insurance space insurers, the insured, as well as hospitals --under one roof .The aim is to standardise the claim settlement procedure and ensure payment in a time-bound manner.

Did you Know

T L Alamelu, member (non-life), IRDAI.

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India, Portugal sign 14 pacts after Modi, Kovind hold talks with Portuguese president

India & Portugal exchanged 14 agreements & understandings in a number of key areas, including aerospace,maritime, intellectual property rights, & scientific research. Prez K ovind received Sousa at the Rashtrapati Bhavan on his 1st state visit to India.

Did you Know

Portugal was one of the founding members of NATO & OECD.

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2nd edition of Cargo Connexions Conclave in Coimbatore

The 2nd edition of “Cargo Connexions Conclave” is scheduled at The Residency Towers in Coimbatore with an aim to address the challenges confronting the cargo, logistics and shipping industry. The FIEO is organizing this event jointly with India Sea Trade.

Did you Know

FIEO-Federation of Indian Export Organisations.

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Scientist from CDRI gets Tata Innovation Fellowship

Dr Ritu Trivedi, Principal Scientist from Central Drug Research Institute (CDRI) has been conferred with Tata Innovation Fellowship for the year 2019-2020. The fellowship has been given to her in recognition of her contributions in translational research.

Did you Know

Major contributions of Trivedi-Area of Metabolic Bone Disorders.

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ESIC hikes confinement expenses for maternity services to Rs 7,500

Employees State Insurance Corporation (ESIC) has decided to increase confinement expenses paid to pregnant women for getting maternity services from other hospitals, to Rs 7500 from the existing amount of Rs 5000 after factoring in higher cost of living.

Did you Know

Union Labour Minister-Santosh Kumar Gangwar.

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February 15: World Pangolin Day

The World Pangolin Day that is observed on February 15 focuses on the conservation of pangolin. Pangolins, nocturnal animals that feast on ants, are highly sought after for their supposed, but unproven, medicinal benefits, and as a culinary delicacy.

Did you Know

This is the ninth World Pangolin Day.

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CREDAI and SBI organise three day Double Assurance Realty Expo

CREDAI Bengaluru & SBI organized double assurance Realty Expo on Feb 14-16, 2020. The expo showcased projects approved by RERA from different trustworthy builders under different categories & provided the buyers with double assurance from CREDAI & SBI.

Did you Know

Confederation of Real Estate Developers Association of India.

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Union Bank of India bags prestigious IBA Award

Union Bank bagged prestigious Indian Banks' Association (IBA) award under the category of "The Best Digital Financial Inclusion initiatives 2018/19- Large Bank". Ahmedabad District Cooperative became 1st DCCB to bag “Digital Financial Inclusion Award”.

Did you Know

District Cooperative Bank (DCCB); IBA Chairman Rajnish Kumar

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CREDAI Awaas app: To Help Connect Home Buyers & Developers

In a bid to ease the process of buying properties and connect home buyers and developers, the Confederation of Real Estate Developers Association of India has come up with a mobile application-CREDAI Awaas app. It will showcase projects from 220 cities.

Did you Know

CREDAI Chairman- Jaxay Shah.