Daily News

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Naomi Osaka becomes world’s highest-paid female athlete

Japanese tennis star Naomi Osaka has become the highest-paid female athlete in the world, topping American great Serena Williams. Osaka earned $37.4 million in the last twelve months from prize money and endorsements, $1.4 million more than Williams.

Did you Know

Osaka is the winner of 2018 US Open and 2019 Australian Open.

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Spanish Striker Aritz Aduriz Announces Retirement from Football

Athletic Bilbao striker Aritz Aduriz announced retirement from football. He played for Spanish clubs Valladolid, Mallorca and Valencia, and is club's sixth-highest scorer with 172 goals. He was a member of Spain's squad at the 2016 European Championship.

Did you Know

He scored 4 goals over 2 legs of 2015 Spanish Super Cup final.

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High-level panel formed to recommend reforms in India's drug regulatory system

A high-level committee of experts has been formed by the government to recommend reforms in India's drug regulatory system so that approval processes can be fast-tracked. The committee to be chaired by Rajesh Bhushan, the OSD to the Union health minister.

Did you Know

The committee will study the current drug regulatory system.

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Dept of Posts and Horticulture in Bihar join hands to supply Shahi Lichi and Zardalu Mango

In view of the lockdown, Bihar Postal Circle UNDER Ministry of Communication made an agreement with Department of Horticulture for logistics of Shahi Litchi from Muzaffarpur and Zardalu Mango from Bhagalpur and its delivery to the doorstep of the people.

Did you Know

Lichi and Mango are famous in world of their unique fragrance.

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Assam's Jahnabi Phookan appointed FICCI FLO National President

Assam-based entrepreneur Jahnabi Phookan has been appointed as the National President of FICCI Ladies Organization (represents over 8,000 women entrepreneurs), women wing of the leading industry chamber of the country. She is the 37th National President.

Did you Know

She is the founder Vice Chairperson of FLO North East chapter.

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World Bank names Carmen Reinhart as chief economist and vice president

The World Bank named Carmen Reinhart as its new vice president and chief economist. She is an adviser and contributor to ongoing World Bank debt transparency discussions and a member of a new IMF external advisory group working on policy challenges.

Did you Know

She worked as vice president & chief economist at Bear Stearns.

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RITES signs pact to acquire 24% stake in Indian Railway Station Development

State-owned RITES Ltd (Rail India Technical and Economic Service), headquartered in Gurgaon, signed an agreement to buy 24% stake in Indian Railway Station Development Corp. Ltd, the company tasked with redeveloping railway stations across the country.

Did you Know

Rajeev Mehrotra is the chairman & managing director of RITES Ltd

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ITC signs Share Purchase Agreement to acquire Sunrise Foods

The ITC Limited has entered into a Share Purchase Agreement to acquire 100% of equity share capital of Sunrise Foods Private Ltd, dealing with spices, under the trademark ‘Sunrise’. The ITC’s Aashirvaad is one of leading producers and exporters of spices.

Did you Know

Indian Tobacco Company CEO: Sanjiv Puri. Headquarters: Kolkata.

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Zaggle, Visa tie up for Visa payments

Fintech startup Zaggle partnered with payments technology major Visa to launch innovative payment solutions. Under this, both companies will jointly create solutions for small and medium enterprises and start-ups to improve productivity and efficiency.

Did you Know

Zaggle is payments company with focus on businesses & corporates

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Maruti Suzuki ties up with Cholamandalam Investment & Finance; launches 'Buy-Now-Pay-Later Offer'

Maruti Suzuki India partnered with Cholamandalam Investment & Finance Company Ltd to provide customised auto retail financing solutions to retail buyers. The new solution 'Buy-Now-Pay-Later Offer' is aimed to provide customers with easy financing options.

Did you Know

Parent Organisation of Maruti Suzuki: Suzuki.

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Edelweiss General Insurance launches pay as you go Motor OD floater policy

Edelweiss General Insurance has launched an app-based Motor Own Damage floater policy, called Edelweiss SWITCH, under regulatory sandbox of IRDAI. It is a driver-based motor insurance policy allows vehicle owners to SWITCH the motor insurance on and off.

Did you Know

Shanai Ghosh - ED and CEO of Edelweiss General Insurance.

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International Missing Children’s Day: 25 May

Every year, 25 May is commemorated as International Missing Children’s Day. In 2001, 25 May was first formally recognized as International Missing Children’s Day (IMCD), a joint effort on the part of ICMEC, Missing Children Europe and European Commission.

Did you Know

It was designated by the US President Ronald Reagan in 1983.

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Southern reaches of Western Ghats yield 3 new plant species

Scientists of BSI reported discovery of 3 new plant species - Eugenia sphaerocarpa of the Myrtaceae or Rose apple family, Goniothalamus sericeus of Annonaceae of custard apple & Memecylon nervosum of Melastomataceae, from the Western Ghats in Kerala & TN.

Did you Know

It is the result of a recent exploration led by K.A. Sujana.

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Congress MLA from Jharkhand, Rajendra Prasad Singh dies

Rajendra Prasad Singh, the Congress MLA of Bermo constituency of Bokaro district and former Health and Finance Minister of Jharkhand died due to illness in a hospital in Gurugram. Mr Singh represented the Bermo Assembly for the sixth time.

Did you Know

Jharkhand Capital: Ranchi. CM: Hemant Soren.

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Govt's senior citizen pension scheme extended but interest lowered

Union Cabinet extended Pradhan Mantri Vaya Vandana Yojana, a pension scheme for who are above 60, for a period of 3 years. The social security scheme for senior citizens to be valid till March ‘23 and fixed its annual rate of return at 7.4% for FY2020-21.

Did you Know

Investment Limit of the policy: ₹15 lakh. Tenure is 10 years.

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Jean-Francois Van Boxmeer to succeed Gerard Kleisterlee as Vodafone chairman

Jean-Francois Van Boxmeer has been appointed as the new chairman of the world's second-biggest mobile operator Vodafone. He will succeed Gerard Kleisterlee as chairman from November. He has been Heineken's CEO since 2005.

Did you Know

Vodafone CEO: Nick Read. Headquarters: United Kingdom.

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Hockey icon Balbir Singh Sr dies at 95

Balbir Singh Sr, one of India's hockey players, died after battling multiple health issues. He was a three-time Olympic Gold medallist. His world record for most goals scored by an individual in men's hockey final of Olympics still remains unbeaten.

Did you Know

He was the manager of India's only World Cup-winning side in ‘75

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World Thyroid Day: May 25

World Thyroid Day is observed on May 25. The thyroid gland situated in the front part of our neck. It produces thyroid hormone which is essential to various metabolic processes of the body. Every organ in your body derives energy from the thyroid gland.

Did you Know

It was established in the year 2008.