Daily News

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Union Minister of Education launches Lilavati Award-2020: AICTE's Innovative education program to empower women

The theme of Lilavati Award is women’s empowerment. It is an initiative of the technical education regulator - All India Council for Technical Education & it aims to recognise efforts by AICTE-approved institutions to treat women with equality & fairness.

Did you Know

AICTE Chairman: Anil Sahasrabuddhe
Education Min: Ramesh Nishank

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Maia Sandu becomes Moldova’s first-ever Woman President

Moldova elected the country's first-ever woman President, with former Prime Minister Maia Sandu overwhelmingly claiming 57.7% of the popular vote. She has worked as an economist in the World Bank. Moldova has the 23rd highest global gender gap in the world

Did you Know

Moldova Capital: Chișinău.
Currency: Moldovan leu.

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UK govt first sponsors for 2021 UN climate change conference

The UK govt announced the first principal partners for the UN climate conference, COP26. SSE, ScottishPower, NatWest Group and National Grid are the first Principal Partners who will support the delivery of a successful and ambitious COP in November 2021.

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COP26 is scheduled to be held in Glasgow, Scotland.

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Kadalu App to help fishermen launched in Udupi

Coastal Security Police launched Kadalu App for fishermen that will help them in submitting information about their arrival and departure from the fishing harbour using android mobile phones. In next few days, fisherman can get weather updates on the app.

Did you Know

Info on places where fish will be available to also be provided

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Digital museum opens at Maharaj Bada in Gwalior of Madhya Pradesh

It is the 1st of its kind in Gwalior & Bundelkhand area & will play a role in educating school students. Divided into 16 galleries, it has been built in around 3500 sq. ft area & will play an important role in showcasing heritage in modern & digital way.

Did you Know

The digital museum is developed by Gwalior Smart City.

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First solar power-enabled Textile Mill in Asia to come up in Parbhani district of Maharashtra

1st solar power-enabled Textile Mill in Asia is coming up in Parbhani district. The project, once functional, will provide jobs to many women. The Jai Bhawani women's cooperative textile mill will be the first in Asia that will operate on solar power.

Did you Know

Chairman of the textile mill Dr. Sampriya Rahul Patil.

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HDFC Mutual Fund appoints Navneet Munot as MD and CEO

Navneet Munot, who was earlier CIO at SBI Mutual Fund appointed as MD and CEO of HDFC Asset Management Co. Ltd since inception in 2000. SBI Mutual Fund overtook HDFC AMC to become India’s largest asset manager in the last quarter of financial year 2019-20.

Did you Know

Munot succeeds Milind Barve.
HDFC AMC Co. Ltd HQ: Mumbai.

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Infosys co-founder Kris Gopalakrishnan to lead RBI innovation hub

Kris Gopalakrishnan, co-founder of Infosys Ltd, to chair the Reserve Bank’s new innovation hub (RBIH), which aims to promote advancement in financial sector using technology. RBIH to be guided by governing council. CEO for council is yet to be appointed.

Did you Know

Gopalakrishnan is presently chief mentor of Start-Up Village.

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Senior IPS officer D K Thakur appointed as Lucknow police commissioner

In a major reshuffle, the Uttar Pradesh government-appointed senior IPS officer Dhruva Kant Thakur as the new police commissioner of Lucknow, replacing Sujit Pandey. D K Thakur was the Additional Director General (ADG) of Police Anti-Terrorist Squad (ATS).

Did you Know

UP Capital: Lucknow
CM: Yogi Adityanath

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BSE StAR MF launches 'Corp Direct – A Direct Investment Portal for Corporates’

Leading Stock Exchange, BSE launched Corp Direct – A Direct Investment Portal for Corporates with more features which will further simplify & provide end-to-end value-based services to the AMCs, distributors, investors, & mutual fund industry participants.

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Chairman of BSE: Vikramajit Sen.
MD & CEO: Ashishkumar Chauhan.

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RBI published first-ever ‘nowcast’ - an estimate based on high-frequency data

According to the Reserve Bank’s first-ever ‘nowcast’, India’s GDP contracted 8.6% in the quarter ended September and has entered a technical recession. Nowcasting is the prediction of the existing or the very near future of the state of the economy.

Did you Know

Nowcasting is based on 27 indicators such as automobile sales.

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Natural Support Consultancy Services & Nucleus Software Exports Ltd part of regulatory sandbox programme :RBI

The Reserve Bank of India named two startups in the first cohort on retail digital payments as a part of its regulatory sandbox programme. The initial two are National Support Consultancy Services from Jaipur and Nucleus Software Exports, based in Noida.

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Names of 4 more companies to be announced shortly.

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Lakshmi Vilas Bank Under Reserve Bank of India Moratorium, To Be Merged With DBS India

In view of its weak financials, the Reserve Bank has placed the Lakshmi Vilas Bank Limited under moratorium. All cash withdrawals from the bank have been capped to Rs.25,000. RBI also drafted a scheme of amalgamation for LVB with the DBS Bank of India.

Did you Know

T N Manoharan appointed as administrator of LVB for moratorium.

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EESL Signs MoU with DNRE Goa to implement the country’s first Convergence Project

India’s 1st convergence project to generate green energy for rural and agriculture consumption is set to come up in Goa. Goa has set a target to generate 150MW green energy in the next 2-3 years & will also set up 100MW solar power plants across the state.

Did you Know

EESL – Energy Efficiency Services Limited.
MD: Rajat Sud.

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Rohit Sharma signs as brand ambassador for Education fee financing company Financepeer

India’s leading batsman Rohit Sharma signed as brand ambassador for Financepeer, Google incubated Education fee financing Company. Established in 2017, it ensures access to education and seamless operations of schools apart from offering insurance covers.

Did you Know

CEO of Financepeer: Rohit Gajbhiye.

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Dominic Thiem Defeats Rafael Nadal in Straight Sets at ATP Finals

In tennis, Dominic Thiem defeated 20-time Grand Slam champion Rafael Nadal in straight sets at ATP Finals in London. ATP - Association of Tennis Professionals is the governing body of the men's professional tennis circuits. It is headquartered in London.

Did you Know

Dominic Thiem is an Austrian player.
ATP CEO: Andrea Gaudenzi.

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FIFA cancels Women's Under-17 football World Cup; India to host 2022 edition

FIFA cancelled both women's U-17 & U-20 World Cup which were scheduled to be held in India and Costa Rica resp. &handed both countries the hosting rights of 2022 editions. FIFA Club World Cup, originally planned for December, to be held in Feb 2021 in Doha

Did you Know

FIFA HQ: Zurich, Switzerland
President: Gianni Infantino

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In a first, WHO commits to eliminate cervical cancer globally

Cervical cancer is the fourth most common cancer among women globally. According to the World Health Organisation (WHO) Vaccination, screening and treatment can reduce new cases of cervical cancer by more than 40% and five million related deaths by 2050.

Did you Know

WHO Director-General Dr Tedros Adhanom Ghebreyesus.

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Andhra Pradesh Skill Development Corporation signs MoUs with IBM India, three other firms

The Andhra Pradesh State Skill Development Corporation (APSSDC) signed MoUs with 4 industry/academic partners — IBM India, Singapore Polytechnic International (SPI), India Tourism Development Corporation (ITDC) and LV Prasad Film & TV Academy (LVPA).

Did you Know

APSSDC Headquarters: Guntur District.