Daily News

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India becomes founding member of Global Partnership for Artificial Intelligence

India joined the league of leading economies including USA, UK, EU, Australia, Canada, France & others to launch the Global Partnership on Artificial Intelligence (GPAI). India will actively participate in the global development of Artificial Intelligence.

Did you Know

GPAI Secretariat in Paris will be supported by OECD.

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Petroleum Minister Dharmendra Pradhan launches Indian Gas Exchange

Petroleum & Natural Gas Minister Dharmendra Pradhan launched the Indian Gas Exchange, which is the 1st nationwide online delivery-based gas trading platform. IGX has been incorporated as a wholly owned subsidiary of the IEX- India’s energy market platform.

Did you Know

IEX is regulated by Central Electricity Regulatory Commission.

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Coverage of PM Van Dhan Yojana proposed to be expanded from the current 18,000 SHGS to 50,000

Coverage of PM Van Dhan Yojana is proposed to be expanded from the current 18,000 SHGs to 50,000 Van Dhan SHGs and to treble the coverage to 10 lakh tribal gatherers through the Covid19 relief plan of the Ministry of Tribal Affairs under article 275(I).

Did you Know

Union Minister for Tribal Affairs- Arjun Munda.

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1st ever distribution of assistive aids & devices to Divyangjan through virtual platform under ADIP Scheme

A virtual ADIP Camp for free distribution of assistive aids & devices at Block level for Divyangjans under the ADIP scheme was organized at Firozpur, Punjab. This is the first camp being organized by the ALIMCO under Social Justice & Empowerment ministry.

Did you Know

ALIMCO: Artificial Limbs Manufacturing Corporation of India.

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India, China increased nuclear weapons since last year: SIPRI

India & China have increased their nuclear arsenal over the last year, according to SIPRI report. The Swedish think-tank that researches on conflict, armaments and arms control also pointed out that China is significantly modernising its nuclear arsenal.

Did you Know

Stockholm International Peace Research Institute is in Sweden.

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IBBI reconstitutes advisory panel on insolvency, liquidation

Insolvency & Bankruptcy Board of India reconstituted its advisory committee on corporate insolvency resolution & liquidation. Committee headed by Kotak Mahindra Bank CEO Uday Kotak, among other changes, has seen its expansion to 14 members instead of 12.

Did you Know

The term of most committee members will end on 11 June 2023.

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Maharashtra govt signs MoUs worth Rs 16,000 Cr with companies

Desperate to restart the economy which has taken a hit by Coronavirus pandemic, the Maharashtra has signed MoU worth Rs 16,000 Crore with companies spanning various industries, including two Chinese units, under its Magnetic Maharashtra 2.0 initiative.

Did you Know

Maharashtra Chief Minister- Uddhav Thackeray.

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IISc develops ‘Workplace Readiness Indicator’ for organizations to insulate workplaces from Corona pandemic

Researchers in IISc, Bengaluru have developed ‘Workplace Readiness Indicator’ for organizations to insulate their workplaces from Corona pandemic. It is an online assessment tool developed along with the Karnataka State Disaster Management Authority.

Did you Know

CISCO had given its CSR fund for the research.

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DIAT develops Ayurvedic face mask ‘Pavitrapati’

The Defence Institute of Advanced Technology (DIAT) in Maharashtra has developed a biodegradable face mask based on Nanofibres of Ayurvedic products which acts as a virus neutralizer and resists the bacteria. The mask has been named as ‘Pavitrapati’.

Did you Know

Minister of Ayush- Shripad Yesso Naik.

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RR Swain appointed Intelligence Chief of Jammu & Kashmir

Jammu and Kashmir Government appointed R.R Swain (IPS) as the new intelligence chief of J&K police, replacing Dr. B Srinivas who has been posted as Commandant General, HG/CD/SDRF. RR Swain was recently repatriated from the centre deputation.

Did you Know

Deepak Kumar- MD of Police Housing Corporation.

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CCI approves acquisition by MacRitchie in 91Streets, Ascent and API

CCI approves acquisition by MacRitchie Investments Private Limited in 91Streets Media Technologies Private Limited, Ascent Health and Wellness Solutions Private Limited and API Holdings Private Limited under Section 31(1) of the Competition Act, 2002.

Did you Know

CCI HQ- New Delhi, Chairman- Ashok Kumar Gupta.

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HIL India supplies 25 MT Malathion 95% ULV Insecticides to Iran for Locust Control Programme

HIL (India) Limited, a PSU under Ministry of Chemicals and Fertilizers and one of the leading manufacturers of insecticides in the country has supplied 25MT Malathion 95% ULV to Iran under Government-to-Government initiative for Locust Control Programme.

Did you Know

Iran Capital- Tehran, Currency- Iranian Rial.

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Quantum ‘fifth state of matter’ observed in space for first time

NASA scientists have observed the 5th state of matter in space for the 1st time, offering unprecedented insight that could help solve some of the quantum universe's intractable conundrums. Albert Einstein & Satyendra Nath Bose predicted Existence of BECs.

Did you Know

BEC: Bose-Einstein Condensates.

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16 June: International Day of Family Remittances

IDFR observed on 16 June is a recognized observance adopted by UNGA. IDFR recognizes the contribution of over 200 million migrant workers to improve the lives of their 800 million family members back home, and to create a future of hope for their children.

Did you Know

2020 IDFR Theme: ‘Remittances are a lifeline’.

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Indian Railways' ‘Captain Arjun’ to screen passengers for covid-19

Central Railway zone has launched an AI enabled robot ‘Captain Arjun’ to intensify the screening and surveillance of railway passengers and railway staff. This innovation will help Indian Railways to modernise its security measures at the time of covid-19.

Did you Know

ARJUN: Always be Responsible and Just Use to be Nice.

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500-year-old temple, submerged in river Mahanadi, resurfaces in Odisha’s Nayagarh

A 500-year-old temple, which was submerged in river Mahanadi long ago, has been found in Odisha’s Nayagarh district. The ancient temple is believed to be dedicated to Lord Vishnu. A team of archaeologists of the INTACH claimed this.

Did you Know

INTACH: Indian National Trust for Art and Cultural Heritage.

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WWF conducts estimation exercise of Indian Gaur in the Nilgris

Recently, the first population estimation exercise of the Indian Gaur was carried out in the Nilgiris Forest Division, Tamil Nadu. WWF for Nature India assisted the exercise and highlighted that there are estimated 2,000 Indian gaurs across the division.

Did you Know

Indian Gaur: Largest & tallest animal in the wild cattle family.

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India & 12 other nations promise to counter misinformation on COVID-19

India, along with 12 other countries, has led an initiative here aimed at spreading fact-based content to counter misinformation on the coronavirus, with over 130 nations endorsing the global call to fight the ‘infodemic’ relating to the COVID-19 pandemic.

Did you Know

Initiative is named as "Verified".

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ICICI Bank launches ‘Insta Flexicash’ an Online OD facility for its salary account customers

ICICI Bank has launched an overdraft (OD) facility, Insta FlexiCash, for its salaried account customers who are facing a cash crunch. Insta Flexicash is an end-to-end fully digital facility which can be availed using the bank's Internet banking platform.

Did you Know

Sandeep Bakhshi is the MD and CEO of ICICI Bank.

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RBI proposes upper age limit of 70 years for CEOs, whole-time directors of banks

The RBI has proposed an upper age limit of 70 years for CEOs and whole-time directors of banks and a maximum term of 10 years for those belonging to the promoter group, as part of the exercise to improve governance in the banking sector.

Did you Know

The upper age limit for CEO/WTDs of banks is 70 years.

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RBI modifies framework for financial market infra, retail payment system

RBI produced a modified oversight framework for financial market infrastructure & retail payment systems with a view to ensure safety of payment structure & released version 2.0 of Oversight for Financial Market Infrastructure & Retail Payment Systems.

Did you Know

25th & Current Governor of RBI- Shaktikanta Das.

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TPG, L Catterton pick up 1.32% stake in Jio Platforms for Rs 6441.3 Cr

RIL has sold a further 1.32% stake in its digital arm Jio Platforms for Rs 6441.3 Cr to TPG and L Catterton. With this Jio has now raised an overall Rs 1,04,326.9 Cr from Facebook, Silver Lake, Vista Equity Partners, General Atlantic, KKR, Mubadala & ADIA.

Did you Know

RIL Chairman- Mukesh Ambani.

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Former New Zealand cricketer Matt Poore passed away at 90

Former New Zealand Test cricketer Matt Poore, who is remembered for catching a stray dog during a match in Bangalore in 1955 and subsequently taking 12 anti-rabies injection, has died at the age of 90. He had a 14-Test career between 1953 and 1956.

Did you Know

His highest Test score was 45 against South Africa.

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G Kishan Reddy launches ‘GermiBAN’ device to kill viruses

Union Minister of State for Home affairs G. Kishan Reddy launched ‘GermiBAN’, a device developed by Atal Incubation Centre & Association of Lady Entrepreneurs of India- Women Entrepreneurs HUB. The device can kill 99.9% of surface and air microbes.

Did you Know

NEO Inventronix, Hyderabad developed the GermiBAN.

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Santosh Jha appointed as next Ambassador of India to Belgium

Santosh Jha, presently Ambassador of India to the Republic of Uzbekistan, appointed as the next Ambassador of India to the Kingdom of Belgium. The 1993-batch IFS officer will also be accredited as Ambassador of India to the European Union.

Did you Know

Belgium Capital- Brussels, Currency- Euro.

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Maya Nair appointed as Director & Chief Information Security Officer at CRISIL Limited

Maya Nair has joined as Director & Chief Information Security Officer at CRISIL. Prior to joining CRISIL, she was the Chief Information Security Officer & Head IT Infrastructure at Lentra AI. She is an industry acclaimed Information Security professional.

Did you Know

CRISIL Headquarters- Mumbai.