Daily News

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Ranjitsinh Disale: School teacher from Solapur bagged prestigious Global Teacher Prize 2020

He was honoured for having "transformed the life chances" of girls at the Zilla Parishad Primary School in Paritewadi, in Maharashtra state. He also introduced digital learning tools and his system of QR Coded Textbooks is now used across India.

Did you Know

He won the National Innovation Foundation’s Innovator award 2018

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RBI advises banks not to make any dividend payouts from profits pertaining to the FY ended March 2020

RBI has reiterated that commercial & co-operative banks can retain FY20 profit & not make any dividend payments. Objective was to help banks conserve cash; RBI will review its stand based on financial positions of the banks for the September quarter.

Did you Know

Repo Rate: 4%
Reverse Repo: 3.35%

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ADB approves $190 mn loan for upgradation of Bengaluru power distribution system

ADB has approved a USD 190 million (over Rs 1,400 cr) loan for modernisation, upgradation of power distribution system in Bengaluru, includes a $100 million sovereign loan & a $90 million without sovereign guarantee loan to Bangalore's BESCOM

Did you Know

BESCOM is a state-owned distribution utilities in Karnataka

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NHPC to commission 2,000 MW hydropower project on Subansiri, Assam by March 2022

PSU major NHPC Ltd said the 2,000 MW Subansiri hydropower project, which was stalled for nearly 8 years will be commissioned by March 2022. Construction work is to take place at Gerukamukh along the Assam-Arunachal Pradesh border on Subansiri river

Did you Know

Capital: Dispur
CM: Sarbananda Sonowal
Governor: Jagdish Mukhi

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Govt announces 10 best performing police stations in India; Manipur's Nongpok Sekmai tops list

Nongpok Sekmai in Manipur's Thoubal district has been selected as the best performing police station in the country, followed by AWPS-Suramangalam in Tamil Nadu's Salem city & Kharsang in Arunachal Pradesh's Changlang district, as per Union Home Ministry.

Did you Know

Announced at the virtual 55th annual DGPs, IGPs conference.

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RBI stops HDFC Bank from new digital launches and sourcing of new credit card customers

RBI has asked HDFC Bank to temporarily stop all launches of digital business generating activities; sourcing of new credit card customers as HDFC Bank went through multiple outages in its internet banking/mobile banking/payment utilities over past 2 years

Did you Know

Sashidhar Jagdishan is the new CEO of HDFC Bank

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Indian-American Gitanjali Rao, 15, First-Ever TIME "Kid Of The Year"

15-year-old Gitanjali Rao, a "brilliant" young scientist/inventor, has been named by TIME magazine as the 1st-ever 'Kid of the Year' for her "astonishing work" using technology to tackle issues ranging from contaminated drinking water & cyberbullying

Did you Know

Ms Rao was selected from a field of more than 5,000 nominees

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Radhakrishnan Nair appointed as the chief coach of athletics by AFI

Athletics Federation of India has appointed the vastly experienced Radhakrishnan Nair as its full-time chief coach. Nair, who is also a certified Technical Official and World Athletics Level-5 coach, has been instrumental in enhancing the coaches education

Did you Know

1st Indian with Intern'l Coach. Enrichment Program certificate

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Myanmar indigenous activist Paul Sein Twa wins 'Green Nobel Prize' 2020 from Asia

An indigenous Karen activist who spearheaded establishing a sprawling conservation zone in eastern Myanmar has been awarded 2020 Goldman Environmental Prize. Paul Sein Twa led his people in setting up a peace park & conservation efforts in Salween basin

Did you Know

Capital: Naypyitaw
President: Win Myint
Currency: Burmese kyat

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Narinder Singh Kapany who coined the term fibre optics in 1956 passes away at 94

Narinder Singh Kapany, also known as the father of fibre optics, passed away at the age of 94. The India-born American physicist was named as one of the seven "Unsung Heroes" by Fortune in their 'Businessmen of the Century' issue of November 1999

Did you Know

He authored Fiber optics; principles & applications

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TRS leader and former minister Kamatham Ram Reddy dies at 81

TRS leader and former Minister Kamatham Ram Reddy passed away. He was 81.

He was a three-time MLA from Parigi Assembly segment in Rangareddy district in combined Andhra Pradesh. He served as a former state Revenue Minister.

Did you Know

In 2018, he joined TRS from BJP

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Competition commission approves acquisition of Rivigo by Warburg-managed entities

Competition Commission of India has approved acquisition of Rivigo Services Private Ltd, a technology-enabled logistics company in trucking industry, by Spring Canter Investment Ltd through subscription of compulsorily convertible preference shares.

Did you Know

Preference shares holders are given priority over common stock

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Yes Bank celebrates the launch of 'YES Premia' program during 'Truly Yours' Week, from December 1-7, 2020

YES Premia, is a premium banking program that offers personalized solutions focused on the particular needs of key consumer segments - from small business owners to salaried professionals and senior citizens.

Did you Know

Yes Bank CEO: Prashant Kumar; HQ: Mumbai.

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Punjab National Bank (PNB) launches loan management solution called 'LenS-The Lending Solution'

PNB has launched a tech-based loan management solution 'LenS-The Lending Solution', to speed up and maintain accuracy in online loan processing and sanctioning of credit proposals. It is envisaged to be implemented in a phased manner for all kinds of loans

Did you Know

PNB Headquarters: New Delhi
CEO: S. S. Mallikarjuna Rao