Daily News

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India to emerge as most resilient economy after Germany in 2021: PHDCCI International Economic Resilience (IER) Rank

Germany ranks first,followed by India and South Korea,according to the report released by industry body PHD Chamber of Commerce and Industry.Based on analysis of 5 lead macroeconomic indicators like real GDP growth rate,merchandise export growth rate etc.

Did you Know

India’s real GDP growth rate projected at 11.5% in 2021.

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Indian Coast Guard celebrates its 45th Raising Day:February 1

With just 7 surface platforms in 1978,ICG has grown into 4th largest coast guard with 156 ships & 62 aircraft in its inventory.The ICG has targeted force levels of 200 surface platforms and 80 aircraft by 2025.Since 1977,ICG has saved over 10000 lives.

Did you Know

Director General,Indian Coast Guard K Natarajan

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BSE sets up innovation sandbox web portal for fintechs, individuals

Fintech firms and individuals may use the environment for offline testing of their applications in a test environment.This will help in creating an ecosystem which promotes innovation in the securities market.The portal is a workflow-based platform.

Did you Know

BSE MD & CEO:Ashishkumar Chauhan

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UN World Tourism Organization confirms 2020 as 'worst year on record'

International arrivals dropped by 74% & worldwide destinations welcomed 1 billion fewer international arrivals than in 2019.This collapse in travel represent an estimated loss of $1.3 trillion in export revenues,more than 11 times loss during 2009 crisis.

Did you Know

UNWTO:
Head:Zurab Pololikashvili;
HQ:Madrid,Spain.

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India's Satluj Jal Vidyut Nigam bags 679 MW lower Arun Hydro Project in Nepal;estimated project cost around USD 860 million.

The project cost for Lower Arun is estimated at over 100 billion Nepalese rupees.Satluj Jal Vidyut Nigam should prioritise providing certain percent of power free of cost and will hand over the ownership to Nepal after 20 years of commercial operation.

Did you Know

Project will generate 3561 million units of electricity per year

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RBI Enhances Rules for Banks’ Grievance Redress Mechanisms

Framework effective from Jan 27,enhances disclosures on complaints,to provide insight on volume & nature,time taken,mechanism for ombudsman to recover cost of redressal from banks whose complaints exceed their peer group average,review by RBI etc.

Did you Know

Banking Ombudsman Scheme was introduced in 1995.

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Jay Shah takes over as the president of Asian Cricket Council(ACC)

He is BCCI secretary and replaces Nazmul Hasan Papon,Bangladesh Cricket Board chief.The position is rotated among full members of the Asian boards every two years.At 32,Shah is the youngest administrator to be appointed as the ACC president.

Did you Know

ACC consists of 24 member associations;
HQ:Dubai,UAE.

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Maharashtra CM Uddhav Thackeray unveils first indigenously built rake to run on Metro 7, 2A

The rake comprises six coaches manufactured by Bharat Earth Movers Limited at its Bengaluru facility.The indigenously-designed rake has a stainless steel body, is equipped with CCTV surveillance and also has a facility for carrying passengers’ bicycles.

Did you Know

BEML had bagged Rs 3,015 crore order to supply 378 metro cars

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Nobel Prize-winning chemist Paul Crutzen, who warned of ozone hole, dies at 87

Crutzen discovered in 1970 that nitrogen pollution was capable of destroying ozone in the atmosphere,a critical layer of that protects living things from the sun’s UV radiation.He shared 1995 Nobel Prize in Chemistry for discovering risk to ozone layer.

Did you Know

Crutzen helped coin and popularize the term Anthropocene.

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Anish Shah appointed as chairman of Mahindra Finance

He is the deputy managing director and group CFO of Mahindra and Mahindra (M&M) Ltd and is designated to take over as the managing director and CEO of the company from April 2, 2021.Shah has taken over from Dhananjay Mungale.

Did you Know

Mahindra Finance HQ in Mumbai.

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Microsoft launches its new engineering hub India Development Center(IDC) in NCR

IDC NCR is Microsoft’s third Development Center in India after Bengaluru and Hyderabad. The contemporary workspace is a step towards realizing IDC’s vision of being a source of innovation for the next billion users by collaborating with global teams.

Did you Know

IDC NCR workspace architecture is inspired by the Taj Mahal

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Dvara KGFS, a leading NBFC in India won Technology for Financial Inclusion at The Inclusive Finance India Awards 2020.

Award was given to Dvara KGFS in recognition for robust technology offering a suite of financial services & products for the underserved section of the society & for their operational excellence over the last year.It caters to more than million customers.

Did you Know

Dvara KGFS:
CEO:Joby C O;
HQ:Chennai

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Cicely Tyson, pioneering Black actor, dies at the age of 96

The star gained an Oscar nomination for her role as the sharecropper’s wife in ‘Sounder’ & won a Tony Award in 2013 at age 88.She touched TV viewers’ hearts in The Autobiography of Miss Jane Pittman & won 2 Emmys for playing the 110-year-old former slave.

Did you Know

Tyson’s memoir is “Just As I Am".

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SOUMITRA CHATTERJEE : A Life in Cinema, Theatre, Poetry & Painting book released.

The book written by Arjun Sengupta and Partha Mukherjee, and published by Niyogi Books was released virtually on Soumitra Chatterjee’s birth anniversary on 19th January, 2021.It gives extensive & immersive glimpse into the various facets of the actor.

Did you Know

The actor passed away in November 15

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R S Sharma appointed as new CEO of Ayushman Bharat Scheme

Indu Bhushan,CEO of NHA,would be replaced by RS Sharma, former chairman of TRAI. National Health Authority (NHA) is responsible for implementing the country’s flagship public health insurance scheme Ayushman Bharat or Pradhan Mantri Jan Arogya Yojana.

Did you Know

Sharma was recently named chairperson of Co-WIN committee.

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Smriti Irani inaugurates 8th India International Silk Fair

Fair is considered to be India’s biggest silk fair, being held under one roof on Indian Silk Export Promotion Council’s virtual platform.India is only country in world to produce all 4 major silk varieties -Mulberry, Eri, Tassar, and Muga.

Did you Know

India is the 2nd largest producer of Silk.

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Visual intelligence tool TEJAS, e-Auction India, 'Work from AnyWhere' portal launched on silver jubilee of NICSI

National Informatics Centre Services Incorporated (NICSI) is a public sector enterprise under National Informatics Centre (NIC),Ministry of Electronics & Information Technology.NIC products portfolio was also launched by MeitY Union Minister Ravi Shankar.

Did you Know

NICSI:
Chairman:Dr. Rajendra Kumar;
Location:New Delhi.