Daily News

Image

India, China exchange messages of felicitations on 70 years of Diplomatic Relations

President Ram Nath Kovind and Prime Minister Narendra Modi exchanged messages of felicitations with their Chinese counterparts on the occasion the 70th Anniversary of the establishment of Diplomatic Relations between the two countries.

Did you Know

India is first non-Communist country in Asia to establish ties.

Image

Railways to modify 20,000 coaches to prepare over 3 lakh isolation beds

Railways is preparing more than three lakh isolation beds for which work has been started to modify 20 thousand coaches. Five thousand coaches are already being modified which will provide 80 thousand isolation beds. One coach is expected to have 16 beds.

Did you Know

India has only 0.7 beds/1000 people and has targeted for 2/1000.

Image

DARPG’s National Monitoring Dashboard launched for COVID-19 Grievances

The government has set up a National Monitoring Dashboard where COVID-19 related grievances received in Centralized Public Grievance Redress and Monitoring System with all ministries, departments, states and UTs are monitored on a priority basis.

Did you Know

DARPG Department of Administrative Reforms and Public Grievances

Image

UN Sect General Antonio Guterres terms Covid-19 a human crisis; calls for action to combat pandemic

Launching a report titled "Shared Responsibility, Global Solidarity: Responding to the Socio-Economic Impacts of COVID-19" UN Sect Gen called the pandemic a ‘human crisis’ and the most challenging since WWII and that the pandemic will lead to a recession.

Did you Know

UN has called for a $2.5 trillion rescue package.

Image

United Nation's COP 26 climate change summit postponed till next year

UN's COP26 climate change summit due to take place in Glasgow in November has been postponed. Global CO2 emissions needed to drop 45% by 2030 and reach net zero by 2050, to limit temperature rise to a safe cap of 1.5̊ C set as a goal in the Paris accord.

Did you Know

UN Climate Change - Executive Secretary Patricia Espinosa.

Image

Rs. 97,597 Crore Of gross GST revenue collected in Mar 20

The gross GST revenue collected in the month of March 2020 is Rs. 97,597crore falling way short of Rs 1.15 lakh crore target. Gross GST revenue for the month was 8% lower than that of March 19. GST collection grew by 3.7% in FY19.

Did you Know

Goods and Service Tax is an indirect tax and was passed in Mar17

Image

RBI increases WMA limit of states, UTs by 30%, relaxes export rules

RBI decided to increase the WMA limit for states and UTs by 30% till September 30 & allowed exporters six months extra to realise their export proceeds. Also, banks don’t need to activate countercyclical capital (CCyB) buffers for one more year.

Did you Know

WMA was introduced to meet mismatches in the receipts & payments

Image

Coating developed by JNCASR may prevent transmission of infection

Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR) has developed a one-step curable anti-microbial covalent coating which when coated on different surfaces such as textile, plastic & so on could kill a range of virus types including COVID 19

Did you Know

It can be synthesized in large scale via Contract Research Org.

Image

Phonepe unveils Insurance policy for treatment of covid-19

Digital Payments Platform PhonePe tied up with Bajaj Allianz General Life Insurance & announced the launch of insurance policy ‘CORONA CARE’ for hospitalisation of those with COVID-19. The policy has an insurance cover of ₹50,000 for persons under 55 years

Did you Know

Payments Bank cannot provide loans to its customers.

Image

Krishnan s appointed ED at Canara bank

Canara Bank appointed Krishnan S as its executive director after its merger with Syndicate Bank. He held the same portfolio at Syndicate Bank since November 2017. Lingam Venkat Prabhakar is the MD and CEO.

Did you Know

Canara Bank HQ: Bangalore
Tagline: Together We can

Image

Wimbledon Tennis tournament cancelled for the first time since World War-II

Wimbledon, the oldest Grand Slam tennis tournament, has been cancelled for the first time since World War-II, confirmed the Tournament Organiser, All England Club. The tournament was due to be played between 29 June & 12 July.

Did you Know

2019 Wimbledon Winner – Novak Djokovic

Image

Laxminarayan D named MD of Sundaram Home finance

Sundaram Finance has announced the appointment of D Laxminarayan as the MD of its wholly-owned subsidiary, Sundaram Home Finance. He will take over from Srinivas Acharya. In FY 19 the company posted a total income of ₹1006 cr. & a net profit of ₹145 cr.

Did you Know

Sundaram Finance Headquarters – Chennai, Tamil Nadu.

Image

RBI asks banks to inform about re-appointment cases of MD, CEOs six months in advance

RBI asked private sector and foreign banks to intimate it 6 month in advance in cases of re-appointment of MD and chief executives as against the present practice of 4 months Also proposals for appointment. of new MD and CEO should contain at least 2 names

Did you Know

The revised format is aligned to requirements of Companies Act.

Image

World Autism Awareness Day: April 2

World Autism Awareness Day (WAAD) is observed every year on 2 April in order to raise public awareness of autism. First WAAD was celebrated in 2008. It highlights the need to help and improve the quality of life of those with autism.

Did you Know

The theme for WAAD 2020 - "The Transition to Adulthood".

Image

India’s march manufacturing PMI at four-month low of 51.8

The manufacturing Purchasing Managers’ Index (PMI) for India declined to 51.8 in March from 54.5 in February. A figure above 50 indicates expansion, while a sub-50 print signals contraction.

Did you Know

The most common PMI surveys are the manufacturing PMI & services

Image

CBSE introduces ‘Applied mathematics’ as new academic elective

CBSE has introduced ‘Applied Mathematics’ as a new academic elective from the current academic year for Class XI. The course is designed to enhance the knowledge and skills of Mathematics that are required in different fields.

Did you Know

Chairperson of CBSE: Anita Karwal

Image

China to host 2021 Asian Youth Games in Shantou

The Olympic Council of Asia(OCA) announced that China will host the third edition of the Asian Youth Games in Shantou from November 20-28 next year.The 2021 Asian Youth Games will have 18 sports.The Asian Youth Games were first held in Singapore in 2011.

Did you Know

OCA director-general : Husain Al Musallam.