Daily News

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Govt constitutes EGoM to guide corporatisation of Ordnance Factory Board

To convert Ordnance Factory Board, a subordinate office of Ministry of Defence into one or more than one 100% Government-owned corporate entities, Govt has constituted an Empowered Group of Ministers (EGoM) under the chairmanship of Minister of Defence.

Did you Know

Minister of State for Defence: Shripad Yesso Naik.

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Hardeep Singh Puri launches Streets for People Challenge

The Streets for People Challenge is the response to the need for making the cities more walkable and pedestrian-friendly. The Challenge will support cities to develop a unified vision of streets for people in consultation with stakeholders and citizens.

Did you Know

All cities in the challenge to use ‘test-learn-scale’ approach.

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Moody's projects 11.5% contraction in India's economic growth in FY21

Rating agency Moody's projected 11.5% contraction in India's economic growth in the current fiscal owing to coronavirus pandemic, from (-) 4 per cent estimated earlier. However, it expects economic growth to rebound to 10.6% in FY22 on strong base effect.

Did you Know

Moody’s HQ: New York, US.
CEO: Raymond W. McDaniel Jr.

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SEBI issues clarification on asset allocation framework for multi-cap MFs

Securities and Exchange Board of India tweaked the categorisation rules for multi-cap funds increasing the minimum equity investment. Multicap funds to invest minimum 75% of total assets in equities with 25% each in large-cap, midcap & small-cap companies.

Did you Know

SEBI gave time till January 31, '21 to comply with the circular.

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Odisha Govt Launches "GARIMA" Welfare Scheme For Sanitation Workers

Odisha govt launched GARIMA a new Scheme, first of its kind by any state to ensure Safety and Dignity of Core Sanitation Workers of the State. About 20,000 core sanitation workers and their families covering one lakh population are likely to be benefitted.

Did you Know

A dedicated corpus fund initially with Rs 50 crore to be created

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Jammu and Kashmir announce Rs 5 lakh annual health insurance for residents

Lt Gov Manoj Sinha announced Jammu and Kashmir health scheme intended to provide universal health insurance cover. It will have the same benefits as available under AB-PMJAY with an annual health insurance cover of Rs. 5 lakh per family on floater basis.

Did you Know

Aims to cover 15 lakh families with annual cost of Rs 123 crore.

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AP CM launches YSR Asara scheme to empower 87 Lakh women

Andhra Pradesh CM Jaganmohan Reddy launched YSR Aasara scheme to empower women socially and economically. The beneficiaries will have the full freedom on how they would like to utilize the amount. Total allotment for the scheme is Rs. 27,169 crores.

Did you Know

AP also signed MoUs with HUL, ITC, Reliance, etc.,

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Madhya Pradesh: Central discom first to adopt e-office in India

Madhya Kshetra Vidyut Vitran Company Bhopal is the first power distribution company in India in which e-office system is operated from corporate office to local circle offices level. It has implemented e-file & e-correspondent system through NIC e-office.

Did you Know

It helps consumers get quick results of their complaints.

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Liberty General Insurance and SpiceJet to offer travel insurance

Liberty, one of the leading general insurance companies in India and SpiceJet, India’s leading airline partnered together to offer ‘Liberty Secure Travel’ insurance policy to consumers who book airline travel through SpiceJet’s website and mobile site.

Did you Know

Roopam Asthana - CEO of Liberty General Insurance.

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HCL Technologies partners with NVIDIA Partner Network

HCL Technologies joined NVIDIA Partner Network (NPN) to pursue expanded opportunities in AI space. HCL to also launch NEXT.ai, HCL's AI Lab, focused on upskilling engineers and architects utilizing AI solutions across hardware & software technology stacks.

Did you Know

Chairperson of HCL: Roshni Nadar.
HQ: Noida, India.

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Dominic Thiem wins maiden Grand Slam with US Open triumph

Dominic Thiem became Austria’s 2nd Grand Slam singles champion. He became the youngest Grand Slam champion and 1st maiden Grand Slam champion since Marin Cilic in 2014. He became the 1st player to win from two sets down since Pancho Gonzales in 1949.

Did you Know

He defeated Alexander Zverev of Germany.

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SCTIMST develops device for prevention of Deep Vein Thrombosis

Sree Chitra Tirunal Institute for Medical Sciences and Technology, Trivandrum (SCTIMST), an autonomous institute of the Department of Science and Technology, has developed an indigenous low-cost device for the prevention of Deep Vein Thrombosis (DVT).

Did you Know

The device by the SCTIMST costs less than 1 Lakh.

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IPFT develops new Disinfectant Sprays to prevent microbial infections

Institute of Pesticide Formulation Technology, an autonomous Institution under Department of Chemicals & Petrochemicals developed alcohol-based Disinfectant Spray for the surface applications and to remove pesticide residues left on fruits & vegetables.

Did you Know

IPFT Director: Dr Jitendra Kumar.
Established in 1991.

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Hindi Diwas 2020: September 14

Hindi Diwas is celebrated on Sep 14 annually. The Constituent Assembly of India had in 1949 recognised and adopted Hindi as the official language. It is one of the 22 scheduled languages of the Republic of India. Hindi and English are 2 official languages.

Did you Know

As mentioned in Article 343 Hindi is official language of India.

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Govt raises FDI limit in defence sector to 74% through automatic route with 'national security' clause

The centre has relaxed Foreign Direct Investment (FDI) norms in the defence sector by allowing 74% FDI under the automatic route but it reserves the right to scrutinise any investment proposal which it thinks may impact India’s national security.

Did you Know

National Security Clause added due to sensitivity of the sector.

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SBI planning to launch loan product 'SAFAL' for organic cotton growers

SBI is planning to launch a loan product, SAFAL, primarily focused on organic cotton growers who do not have any credit history. SAFAL stands for Safe and Fast Agriculture Loan. The largest lender is to scale up the business using AI and Machine Language.

Did you Know

SBI Chairman: Rajnish Kumar.

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ADB, ENGIE Sign Loan to Support India’s Renewable Energy Development

Asian Development Bank and ENGIE group signed a long-term loan of up to 4.66 billion Indian rupees to construct and operate a 200-MW alternating current solar photovoltaic-based power plant at Raghanesda Solar Park in India’s western state of Gujarat.

Did you Know

ENGIE signed power purchase agreement for 25 years with Gujarat.

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Bengal govt bags WSIS award for its Sabuj Sathi scheme

After Kanyashree scheme another West Bengal government project has received a global prize. The World Summit on the Information Society (WSIS) handed over the winner prize ‘20 to the state government for Sabuj Sathi project under the e-government category.

Did you Know

Under Sabuj Sathi bicycles are given to students.

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India’s largest piggery mission launched in Meghalaya

India’s largest piggery mission worth Rs 209 crores was launched in Meghalaya by Union MoS for Agriculture Kailash Choudhary. It is funded by the National Cooperative Development Corporation (NDC). It aims to benefit 35,000 pig farmers in the state.

Did you Know

It will provide regular source of income to 300 PACCS members.

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Defence Minister Rajnath Singh launches Aero India 2021 website

Defence Minister Rajnath Singh launched website of Aero India 2021. The 13th edition of Aero India-21 will be held at Air Force Station, Yelahanka, Bengaluru. The Aero India 2021 website will be a contactless online interface for Asia's largest aero show.

Did you Know

It will also host informative content on recent policies of MoD.

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Ayushmann Khurrana joins David Beckham in UNICEF’s campaign to end violence against children

UNICEF India roped in actor Ayushmann Khurrana as its celebrity advocate for promoting and supporting its work around ending violence against children. He will work towards this initiative in India and joins the likes of former football star David Beckham.

Did you Know

UNICEF representative in India - Dr. Yasmin Ali Haque.

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IIT-Guwahati develops self-check kiosk to fight Covid

IIT – Guwahati in collaboration with Workspace Metal Solution has developed a self-check kiosk which can detect if an individual is running a temperature or has low blood oxygen levels – symptoms of Covid-19 and other bacterial & viral infections.

Did you Know

With this, 99.99% of the virus can be disinfected in 10seconds.

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Raghuvansh Prasad Singh, who rolled out rural job scheme, dead

Veteran Socialist Raghuvansh Prasad Singh represented the state's Vaishali constituency and was the Union Minister for Rural Development in the Congress-led UPA-I govt. He served as the Union MoS for Animal Husbandry, & Food as well as Consumer Affairs.

Did you Know

He presided the roll-out of MNREGA as rural development minister