Daily News

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Chemicals, Petrochemicals industry becomes top exporting sector for 1st time

India's chemical exports rose by 7% to 2.68 lakh crore rupees during the April-January period of the last fiscal and became the top exporting sector in the country for the first time. This constitutes 14.35 per cent of the total exports.

Did you Know

Union Minister of Chemicals & Fertilisers: D V Sadananda Gowda.

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Remittances to India likely to drop by 23% this year: World Bank

The World Bank has said that remittances to India are likely to drop by 23 per cent from 83 billion US Dollars last year to 64 billion US Dollars this year due to the Coronavirus pandemic, which has resulted in a global recession.

Did you Know

It is supposed to be the sharpest decline in recent history.

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World Bank in collab with AIMA organises virtual workshop on ‘Contract Management during Emergency Situations’

Workshop on Contract Management during Emergency situations organized by World Bank & All India Management Association for Project Management Unit of Jhelum Tawi Flood Recovery Project which is implementing USD 250 Million Flood Recovery in J&K.

Did you Know

Lieutenant Governor of J & K: Girish Chandra Murmu.

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CM Shivraj Singh Chauhan launches Jeevan Shakti Yojana in MP

CM Shivraj Chauhan launched the Jeevan Shakti Yojana. Under this scheme, women in urban areas can earn by making masks at home. The government will pay Rs 11 per mask.

Did you Know

The mask should be made of cotton cloth.

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Sanjay Kothari takes over as Central Vigilance Commissioner

Sanjay Kothari, a retired IAS officer, took oath as Chief Vigilance Commissioner. Prez Ram Nath Kovind administered the oath. Social distancing was strictly followed.

Did you Know

PM and Vice President were also present.

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Fitch Ratings slashes India’s economic growth projections to 0.8% in current FY

According to Fitch Ratings, India’s GDP will slip to 0.8% for the FY 2020-21 as compared to an estimated 4.9% growth in the previous fiscal. It is expected to rebound to 6.7% in 2021-22.

Did you Know

Fitch expects Global GDP to fall by 3.9%.

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HDFC buys 6.43% stake in Reliance Capital

Mortgage Firm HDFC acquired 6.43% stake in debt-trapped Reliance Capital by invoking pledged shares. These shares were acquired pursuant to invocation of a pledge by a security trustee on behalf of the corporation.

Did you Know

HDFC Bank CEO: Aditya Puri.

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Franklin Templeton Mutual Fund winds up 6 debt mutual fund

Investors in these six schemes will not be able to buy or sell the schemes anymore. NO SIP/STP/SWP will work on these schemes anymore. Since there are no takers in the market the company is not able to sell its investments.

Did you Know

Franklin Templeton HQ: San Mateo, CA, USA.

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International Chernobyl Disaster Remembrance Day: April 26

The Chernobyl Nuclear Power Plant was built in 1977 to provide electricity for the Soviet Union. On 26 April 1986, it exploded and released harmful levels of radioactive material into the atmosphere.

Did you Know

The day was first observed in 2016.

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World Intellectual Property Day: April 26

This day is celebrated to learn about the role that Intellectual Property (IP) rights play in promoting creativity and Innovation. World IP Day 2020 places creativity at the centre of attempts to build a green world.

Did you Know

2020 Theme: Innovate for a Green Future.

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NASA develops new ventilator tailored specifically to treat COVID-19 patients

NASA engineers developed VITAL – Ventilator Intervention Technology Accessible Locally, an easy to build, high-pressure ventilator specifically to treat COVID-19 patients.

Did you Know

It can be built faster and maintained easily.

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Assam gov launches new scheme 'Dhanwantari' for home delivery of medicines

Under this scheme, locally unavailable medicines (within 10 km of their radius) are provided to patients at home. Medicines below Rs 200 will be provided free of cost to patients.

Did you Know

Assam Health Minister: Himanta Biswa Sarma

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CM Jagan launches zero-interest loan scheme

Andhra Pradesh CM launched the YSR Zero Interest Loan Scheme under which Rs 1400 cr has been credited to 8.78 Lakh SHGs. Women SHG members can avail loan of Rs 20,000 - 40,000. It will benefit over 91 Lakh women.

Did you Know

Of the 8.78 lakh SHGs, 6.95 are in rural areas.