Daily News

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ECGC partners with Oliveboard to offer Pre-Examination Training to SC/ST students

Online platform Oliveboard partnered with ECGC (Export Credit Guarantee Corporation of India) body to launch a pre-examination training (PET) for marginalised aspirants before the upcoming ECGC PO exam. PET will target students from SC/ST backgrounds.

Did you Know

ECGC PO exam is scheduled for 14th March 2021.

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India’s first CNG tractor launched; Farmers' annual fuel cost can go down by Rs 1 lakh

India’s first-ever diesel tractor converted to CNG was launched. The conversion carried out by Rawmatt Techno Solutions & Tomasetto Achille India will help farmers increase their income, by lowering costs, & help to create job opportunities in rural India.

Did you Know

CNG is a clean fuel with the lowest carbon & pollutant content.

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11 projects of Rs. 2560 lakhs sanctioned under NBHM to achieve the goal of ‘Sweet Revolution’

Govt allocated Rs. 500 crore for National Beekeeping & Honey Mission (NBHM) for 3 years. NBHM aims for overall promotion & development of scientific beekeeping in India to achieve the goal of ‘Sweet Revolution’ which is implemented via National Bee Board.

Did you Know

World Bee Day is celebrated on May 20.

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South Korea to construct world’s largest offshore wind farm

South Korea plans to build an 8.2GW offshore wind farm in Jeonnam province by 2030. This will be the world's biggest offshore wind power complex as it seeks to become carbon neutral by the year 2050. The project will cost a total of $43.2 billion.

Did you Know

Hornsea 1 (1.2GW) in Britain is currently the world’s largest.

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China celebrates Lunar New Year: February 12, 2021

As per the traditional lunisolar Chinese calendar, Chinese New Year celebrates beginning of a new year. New Year began on February 12, 2021. 2021 is a year of the Ox. It will be a Metal Ox year. This festival is celebrated by China & other Asian countries.

Did you Know

The day marks the first new moon of the lunisolar calendars.

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Meghalaya Police signs MoU with SBI for implementation of e-Challan

Meghalaya Police signed an MoU with the State Bank of India in connection with the implementation of e-challan within the jurisdiction of the Shillong Traffic Police. Imposing penalties on violators of traffic and generating challan will be done digitally.

Did you Know

Shillong is the capital of Meghalaya.

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Odisha To Construct 'COVID Warrior Memorial' in Bhubaneswar

Odisha's Health and Family Welfare Department announced to construct a COVID-19 Warrior Memorial in Bhubaneswar to recognise sacrifice and service rendered by COVID-19 warriors. Biju Patnaik Park in Bhubaneswar is the site selected by the state government.

Did you Know

Odisha Capital: Bhubaneswar.
CM: Naveen Patnaik.

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Goa becomes the 6th State to complete Urban Local Bodies (ULB) reforms

Goa became the 6th State to successfully undertake Urban Local Bodies (ULB) reforms stipulated by the Dept of Expenditure, Min of Finance. It has become eligible to mobilise additional financial resources of Rs. 223 crore through Open Market Borrowings.

Did you Know

Goa Capital: Panaji
CM: Pramod Sawant

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PNB inks deal with Indian Oil to provide up to Rs 2 cr loan to dealers

PNB inked a pact with Indian Oil Corp to provide up to Rs 2 crore to the oil company's dealers. It will benefit dealers with credit facilities at lower interest rates, nil margin, & with minimum/zero collateral requirements through PNB e-Dealer scheme.

Did you Know

IOCL Chairman: S M Vaidya
HQ: New Delhi

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BRICS’ New Development Bank commits $100 mn to NIIF Fund of Funds

NDB committed $100 million to India’s National Investment and Infrastructure Fund’s (NIIF) Fund of Funds. Envisioned in the Union budget 2015, NIIF was launched as an alternative investment fund in December 2016 with a target corpus of ₹40,000 crore.

Did you Know

In August, NIIF’s FoF received investment from the ADB.

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RBI restricts withdrawals from Nashik based Independence Co-operative Bank

RBI in exercise of its powers under Section 35A of Banking Regulation Act, 1949, put restrictions on withdrawals from Independence Co-op Bank Limited because of its present liquidity position. However, 99.89% of the depositors are covered by DICGC scheme.

Did you Know

The restrictions will remain in force for a period of 6 months.

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SIDBI, COWE launch campaign to promote Stand-Up India scheme

SIDBI, along with the Confederation of Women Entrepreneurs of India, launched a campaign to give a fillip to the government’s Stand Up India scheme. The mega campaign - Swavalamban Sashakt is a 20 webinar series aimed at creating awareness about SUI scheme

Did you Know

The scheme has now been extended up to FY2025.

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GSL signs MoU with HSL, Vizag for augmenting ship building, repair capacity

An MoU was signed between Hindustan Shipyard Ltd, Visakhapatnam & Goa Shipyard Limited to undertake repair & construction of Indian Navy or Coast Guard ships on the eastern seaboard to take advantage of their bigger drydock & draught available.

Did you Know

This will enable GSL to take repairs of much bigger ships.

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India’s real GDP will grow at 10.4% in FY22: India Ratings and Research

According to India Ratings and Research India’s real GDP will grow at 10.4 per cent in FY22, after a 7.8 per cent contraction in the pandemic-impacted FY21. The agency expects headline retail inflation to cool down to 4.3 per cent in FY22.

Did you Know

India Ratings and Research (Ind-Ra) is headquartered in Mumbai.

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IRDAI annual report: LIC's claim settlement ratio deteriorated in FY20 to 96.6%

Life Insurance Corp. of India saw its claim settlement ratio deteriorate marginally in FY20 to 96.6% from 97.7% in FY19. The life insurance industry in total paid 8.46 lakh claims on individual policies, with a total pay-out of Rs 18042 crore in the FY20.

Did you Know

Max Life had the highest claim settlement ratio at 99.2%.

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Global icon and actor Priyanka Chopra Jonas’ memoir named ‘Unfinished’

Unfinished is a memoir by Priyanka Chopra. Described as a collection of personal essays, stories and observations, it chronicles important moments in her life and her 20-year-long career, such as working as an actress-producer & UNICEF Goodwill Ambassador.

Did you Know

The book was released by Penguin Random House.

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Former Union Minister, M.P. Jual Oram Launches book ‘Turn Around India: 2020- Surmounting Past Legacy’ Authored by R.P. Gupta

Turn Around India: 2020- Surmounting Past Legacy, a book on creating economic awareness among masses authored by R.P. Gupta was launched by Jual Oram. It provides a viable option for reviving Indian economy for creating new jobs and enlarging public income

Did you Know

It is published by the Himalaya Publishing House.

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TIFAC launches job portal named 'Saksham' for placing workers in MSMEs

Technology Information, Forecasting and Assessment Council launched a job portal Saksham that will conduct skills mapping exercises of workers as per requirements of MSMEs. It also launched a seaweed cultivation mission on TIFAC's 34th Foundation Day.

Did you Know

TIFAC is a think-tank under the Dept of Science and Technology.

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Nigeria’s Ngozi Okonjo-Iweala poised to be first woman and first African Director General of the WTO

Nigerian-American economist Ngozi Okonjo-Iweala was poised to become the 1st African and first woman to lead the embattled World Trade Organization after her South Korean rival Yoo Myung-hee withdrew and the United States reversed its previous opposition.

Did you Know

Brazil’s Roberto Azevedo resigned from the post in August 2019.

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Telangana’s Manasa Varanasi bags Miss India World 2020 title

Manasa Varanasi, an engineer from Telangana, has bagged the VLCC Femina Miss India World 2020 title. Haryana’s Manika Sheokand was declared VLCC Femina Miss Grand India 2020 while Uttar Pradesh’s Manya Singh crowned VLCC Femina Miss India 2020 Runner Up.

Did you Know

Varanasi will represent India at the 70th Miss World pageant.

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40th Indian National Cartographic Association (INCA) International Congress took place in Kolkata

National Atlas & Thematic Mapping Organisation (NATMO), under Ministry of Science & Technology organised 3 days 40th INCA International Congress in Kolkata. INCA is the only professional body of cartographers and geospatial technologists, founded in 1979.

Did you Know

Indian National Cartographic Association is located in Hyderabad

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Indian Navy’s largest war game, TROPEX 21 under way in the Indian Ocean region to test combat preparedness

The Navy’s largest war game, the biennial Theatre Level Operational Readiness Exercise (TROPEX-21), with the participation of all its operational units as well as those of the Army, Air Force and the Coast Guard has completed the weapon work-up phase.

Did you Know

Current Chief of Naval Staff (CNS): Admiral Karambir Singh.