Daily News

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Exim Bank inks USD 10.40 mn soft loan pact with Eswatini

Exim Bank, on behalf of the Indian government, has extended a Line of Credit (LoC) of USD 10.40 million to the government of the Kingdom of Eswatini (Swaziland) for the construction of disaster recovery site.

Did you Know

David Rasquinha, managing director and CEO of Exim Bank.

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Pandemic will leave 375 million children with health impacts: State of India’s Environment 2021 report

India is likely to see a pandemic generation with 375 million children under the age of 14 years suffering from long-lasting impacts ranging from being underweight, stunting and increased child mortality to losses in education and work productivity.

Did you Know

India has ranked 86th in Covid 19 performance index.

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Russia Launches First Satellite to Monitor Climate and Environment of Arctic

It will provide round-the-clock continuous monitoring of the northern territory of Russia and the seas of the Arctic Ocean.Satellite will be able to transmit overview images of the Earth's northern polar region &the adjacent areas at least every 15-30 Min.

Did you Know

Russia's space agency: Roscosmos.

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PM Modi to receive CERAWeek Global Energy and Environment Leadership Award

He will also deliver keynote address at Cambridge Energy Research Associates Week (CERAWeek) 2021.It has been organized in Houston in March every year since 1983.

CERAWeek Global Energy and Environment Leadership Award was instituted in 2016.

Did you Know

CERAWeek was founded in 1983 by Dr. Daniel Yergin.

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QS World University Rankings by Subject 2021: 12 Indian institutions secure position in top 100

12 Indian institutions have made it to the top 100 of the world: IIT Bombay(41st), IIT Delhi, IIT Madras,IIT Kharagpur(44th),IISC Bangalore,IIT Guwahati,IIM Bangalore,IIM Ahmedabad, JNU, Anna University, University of Delhi(50th) & O.P Jindal University.

Did you Know

IIT Madras ranked 30th in the world for Petroleum Engineering.

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Kotak Mahindra Bank signs MoU with Indian army to handle salary accounts of personnel

Kotak to offer salary account(for active & retired personnel),enhanced complimentary personal accident insurance cover(for on-duty & off-duty),additional girl child benefit by covering dependent children of up to 22 years during accident claim etc.

Did you Know

KMB:
Chairman:Prakash Apte;
Tagline:Let's Make Money Simple.

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In a first, RBI announces Operation Twist-cum-Open Market Operations(OMO)

RBI will purchase government securities worth ₹20,000 cr & sell securities worth ₹15,000 cr on 10 March.This makes it a combination of Operation Twist of ₹15,000 cr & OMO of ₹5000 cr, a sign that RBI is open to using all tools to stabilise yields.

Did you Know

It is to bring down yield on 10-year benchmark bond to below 6%

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Axis Securities Launches 'YIELD',an online platform to buy and sell bonds & debentures in secondary market.

It is the first-of-its-kind initiative that allows retail investors direct access to the debt instruments.This removes the hassle of filling up physical forms or the need for separate KYC with the bond institutions & provides only secure options.

Did you Know

Axis Securities:
MD&CEO:Gop Kumar B;
HQ:Mumbai.

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Mary Kom appointed as Chairperson of International Boxing Association (AIBA)'s champions & veterans committee

Six time world champion pugilist Mary Kom will head the Committee which consists of most respected worldwide boxing veterans & champions who have achieved significant results & who are ready to share their experience.Kom won Olympic bronze medal in 2012.

Did you Know

AIBA:
President: Umar Kremlev;
HQ: Lausanne, Switzerland.

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Govt Amends Insurance Ombudsman Rules,2017 for better resolution of policyholders’ complaints;brings brokers under the ambit.

Scope of complaints to Ombudsmen enlarged from only disputes earlier to deficiencies in services on the part of insurers,agents,brokers & other intermediaries,Executive Council of Insurers renamed as Council for Insurance Ombudsmen etc.

Did you Know

Amended exercising powers under section 24 of IRDAI Act,1999.

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UN General Assembly unanimously adopts India-sponsored resolution declaring 2023 as International Year of Millets

It is aimed at raising awareness about the health benefits of the grain & their suitability for cultivation under changing climatic conditions.It also recognises the vast genetic diversity of millets & advocate for diversified, balanced and healthy diets.

Did you Know

India’s Permanent Representative to UN: T.S. Tirumurti

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"Gharoki Pechan, Chelik Naam" Scheme launched in Nainital by the CM

Gharoki Pechan,Chelik Naam(daughter's name is a home's identity),a Rs.42 cr worth scheme is initially launched in Nainital & will cover entire state in coming weeks.It is for women empowerment & 32,000 women groups are being linked with self-employment.

Did you Know

Uttarakhand:
CM:Shri Trivendra Singh Rawat;
Constituency:Doiwala

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New Science Centre Inaugurated In Udaipur(Tripura) by Governor Ramesh Bais

The Udaipur Science Centre has been developed at a cost of ₹6 crores funded jointly by Ministry of Culture,Government of India & Department of Science,Technology and Environment,Tripura Govt.It has been developed by National Council of Museums(NCSM).

Did you Know

Science centres is now there in all north eastern states.


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Municipal Performance Index 2020: Indore tops in municipalities having over a million population followed by Surat and Bhopal.

MPI report ranking 114 civic bodies classified municipalities based on their population- Million+ and Less than Million.In the Less than Million category, New Delhi Municipal Council has emerged as the leader, followed by Tirupati and Gandhinagar.

Did you Know

It was released by the Union housing and urban affairs minister.

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KVGB inks pact with Our Food for arranging processing units to farmers

It is for arranging cost-effective processing units to farmers through the bank loan.The Visakhapatnam based vendor will ensure supply,delivery & installation of high-quality, standardised and branded equipment/machinery as per the farmer's requirement.

Did you Know

KVGB:
Chairman:P Gopi Krishna;
HQ:Dharwad

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Digital platform 'Jagrut Tripura' launched by CM to boost e- governance

At least 102 schemes of various departments of both the governments are available on the platform.The project was developed by EasyGov, a Jio Group company, and it will be available to all the residents of Tripura.

Did you Know

Tripura:
CM: Biplab Kumar Deb;
Constituency:Banamalipur.

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India inks deal with Philippines for sale of 'defence equipment' including BrahMos cruise missiles

Defence Undersecretary Raymundo Elefante and India's Ambassador to the Philippines Shambu S.Kumaran signed an "implementing arrangement" for "procurement of defence material and equipment".BrahMos missile is produced by an Indo-Russian joint venture.

Did you Know

Philippines:
Currency: Philippine peso;
Capital:Manila

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SpaceX Starship prototype rocket explodes after successful landing in high-altitude flight test

SpaceX test flew Serial Number 10,or SN10,on a flight to about 32,800 feet altitude before returning for a soft landing on a concrete pad at the company’s facility in Boca Chica,Texas.Starship is developed to get people and payloads to the moon,mars etc.

Did you Know

Plan is to use Starship to shuttle 12 people around moon in 2023

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India commemorated Chabahar Day on March 4 on the sidelines of the 2nd Maritime India Summit-2021.

The event was held virtually. Ministers from Afghanistan, Armenia, Iran, Kazakhstan, Russia and Uzbekistan participated in the event. Chabahar port was termed as the 'connecting point" for the region to deliver humanitarian assistance.

Did you Know

The meeting was chaired by Mansukh Mandaviya,Ports Minister.

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First export consignments of ‘red rice’ from Assam to the USA flagged off from Sonepat,Haryana by APEDA Chairman.

It is a major boost to India’s rice exports potential.Iron rich ‘red rice’ is grown in Brahmaputra valley of Assam, without the use of any chemical fertilizer. The rice variety is referred as ‘Bao-dhaan’, which is an integral part of the Assamese food.

Did you Know

APEDA Chairman:Dr M.Angamuthu

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Five new species of shrub frogs found in Western Ghats as part of a decade long study.

The frogs, belonging to the Old World tree frog family Rhacophoridae,were discovered by researchers from University of Delhi and Kerala Forest Research Institute and University of Minnesota as part of a long comprehensive study on the Shrub frogs.

Did you Know

Over 80% of known shrub frogs are restricted to Western Ghats.

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India downgraded from ‘free’ to 'partly free' in democracy report titled "Freedom in the World 2021 - Democracy under Siege"

India had been rated as "free" in this Freedom House’s reports for 2018,2019 and 2020, though its scores on a scale of 100 had declined during this period from 77 to 71.In the latest report, India had a score of 67 out of 100.

Did you Know

Freedom House is US govt funded NGO studying political freedom.

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WHO's first World Report on Hearing:1 in 4 people(nearly 2.5 billion people)projected to have hearing problems by 2050

At least 700 million of these people will require access to ear and hearing care and other rehabilitation services unless action is taken.Over 1 billion young adults are at risk of permanent, avoidable hearing loss due to unsafe listening practices.

Did you Know

In children, almost 60% of hearing loss is preventable.