Daily News

Image

228th meeting of Central Board of Trustees (CBT) EPF:Interest rate kept unchanged at 8.5% to member accounts for FY21

Chairman,CBT launched e-facility for the Principal Employers, which would allow them to view PF compliance and remittance made by their contractors in monthly ECR;web facility for complaints was launched & a booklet titled ‘Response to Covid’ was released.

Did you Know

228th meeting of CBT,EPF was held at Srinagar,J&K

Image

Union Education Minister inaugurates the New Delhi World Book Fair 2021

The New Delhi World Book Fair was first held in the year 1972. It is arguably one of the biggest book fairs with a record footfall of more than 12 lakh visitors.This virtual edition has more than 15 foreign countries participating including UK, USA, France

Did you Know

This year's theme is National Education Policy 2020.

Image

Alliance Insurance launches insurance portal 'SMEInsure'; 5 crore SMEs will benefit

From buying insurance, renewing cover to filing claims — customers will be able to manage all insurance-related queries under SMEInsure. Buyers will have an option to choose products from various well-known insurance service providers and compare them.

Did you Know

Alliance Insurance:
CEO:S. V. Thakkar;
HQ:Mumbai;

Image

Reliance Strategic Business Ventures Limited (RSBVL) Acquires Majority Equity Stake In SkyTran Inc for USD 26.76 million.

RSVBL increased its shareholding to 54.46% on a fully diluted basis.Delaware,US based skyTran has developed breakthrough passive magnetic levitation & propulsion technology for implementing personal transportation systems solving traffic congestion problem

Did you Know

RSBVL is a wholly owned subsidiary of Reliance Industries.

Image

Odisha to host the Hero Indian Women's League in 2021

Indian Women's League is the top division women's professional football league in India with the first season kicking off in Cuttack in October 2016.It is run by the All India Football Federation (AIFF).

Did you Know

AIFF:
President:Praful Patel;
HQ:New Delhi

Image

CBDT Chairman P C Mody gets further extension for three months

Pramod Chandra Mody is a 1982-batch Indian Revenue Service officer, was appointed as the CBDT chief in February 2019.Appointments Committee of the Cabinet approved the extension with effect from March 1, 2021, to May 31, 2021.

Did you Know

CBDT heads the IT Department.

Image

Kannada poet Lakshminarayana Bhatta passes away

Born in 1936 in Shivamogga district,he was a prolific writer,publishing several collections of poems besides critical works & translations.Some of his best known songs: Thaye ninna madilali,Marege ninthu kayuthiruva karulu yaavudu,Baare nanna Deepika etc

Did you Know

He has won Karnataka Sahitya Akademi award, Masti Prashasti etc.

Image

India’s first ‘Transgender Community Desk’ opens in Telangana's Gachibowli

The desk will be managed by a police liaison officer and a transgender person who is designated as community coordinator.It will be the focal point for all grievance redressal among transgender community in Cyberabad Commissionerate.

Did you Know

Telangana:
CM:K.Chandrashekar Rao
Governor:Tamilisai S.

Image

Dr Harsh Vardhan addresses the inaugural session of Techbharat 2021

Laghu Udyog Bharati and IMS Foundation have organized the 2nd edition of the conclave bringing together stakeholders from the HealthTech & Edutech sector on a virtual platform & facilitating interactions & deliberations between thousands of participants.

Did you Know

Harsh Vardhan is Union Health & Family Welfare Minister.

Image

Govt forms 259-member panel headed by PM Modi to commemorate 75 years of India's independence

Members of the panel include former president Pratibha Patil, Chief Justice of India S A Bobde, National Security Advisor Ajit Doval, 28 chief ministers, artistes like Lata Mangeshkar, A R Rahman, Nobel laureate Amartya Sen,L K Advani etc.

Did you Know

Celebrations are to be launched 75 weeks prior on Mar 12,2021.

Image

Indian-American Naureen Hassan appointed first VP, COO of New York Federal Bank

Naureen Hassan's innings as the first VP and COO of the Federal Reserve Bank of New York will begin from March 15.Hassan will be the New York Fed's second ranking officer and an alternative voting member of the Federal Open Market Committee.

Did you Know

New York Fed President and CEO is John Williams.

Image

Indian Bank to divest stake in asset reconstruction JV ASREC India

It is as part of the monetisation of the bank's non-core assets.ASREC is an asset reconstruction company in which Bank of India, Union Bank of India, LIC and Deutsche Bank are the shareholders.The bank holds a 38.26 per cent stake in ASREC (India) Ltd.

Did you Know

Indian Bank:
MD & CEO:Padmaja Chunduru;
HQ:Chennai.

Image

HDFC ERGO Launches Business Kisht Suraksha to Protect MFIs & Financial Institutions against Calamities & Natural Disasters

This will address impacts of calamities on lending business by compensating against climate change and protect them from rising NPA.Business Kisht can be customised based on geographical presence of the lenders.

Did you Know

HDFC ERGO:
MD & CEO:Ritesh Kumar;
HQ:Mumbai.

Image

Glenmark Pharma signs Rohit Sharma as brand ambassador for Candid Powder

Glenmark's Candid Powder brand is a market leader in its category,with a market share of 64% in the medicated powder category.Glenmark's Candid Dusting Powder is used to treat 4 key skin problems of redness, irritation, sweat rash and fungal infections.

Did you Know

Glenmark Pharma:
CMD:Glenn Mario Saldanha;
HQ:Mumbai.

Image

Delhi govt approves formation of separate board for 2,700 schools in city

In the beginning,21-22 state government schools will be affiliated to the Delhi Board of School Education (DBSE) and in the next four-five years all the schools will be brought under it.New Board will have a governing body headed by the Education Minister.

Did you Know

Most schools in Delhi are affiliated to the CBSE now.

Image

J-K administration launches ANMOL app under national health mission

Tablets were distributed among auxiliary nursing midwives(ANMs) & an application under the national health mission for identification and tracking of beneficiaries was launched.App will empower ANMs & frontline health workers in carrying out their work.

Did you Know

Key feature of the portal is that it works on offline mode

Image

Sebi cancels Sahara India Financial Corp's registration as sub-broker.

SEBI had appointed a designated authority in 2018 to enquire whether Sahara India Financial violated provisions of Intermediaries Regulations.SEBI cancelled Sahara stating failure to fulfill the "fit and proper" criteria as per the authority's report.

Did you Know

Subrata Roy is a substantial shareholder in the company.

Image

Gender inequality has cost world USD 70 trillion since 1990, report finds.

Report notes that full gender equality globally can increase the world GDP by up to $28 trillion by 2025 & loss of human capital wealth due to gender inequality alone is estimated at $160.2 trillion.It will take 257 years to close the gap at current rate.

Did you Know

The report is by economists at BofA Securities.

Image

At least 1 in 7 children lived under stay-at-home policies during COVID-19 pandemic, putting mental health at risk, warns UNICEF

Based on new research,UNICEF said,more than 330 million youngsters have been stuck at home for at least nine months,since the virus spread uncontrollably this time last year,leaving them feeling isolated and anxious about their future.

Did you Know

UNICEF:
Head: Henrietta H. Fore;
HQ:New York.

Image

Utkarsh Small Finance Bank files papers for Rs 1,350-crore IPO

Utkarsh Small Finance Bank has filed a draft red herring prospectus(DRHP) with SEBI for the same.The public issue comprises a fresh issue of Rs 750 crore and an offer for sale by Utkarsh Coreinvest Ltd aggregating of up to Rs 600 crore.

Did you Know

Utkarsh SFB:
MD & CEO:Govind Singh;
HQ:Varanasi.

Image

India grants NRs 44.17M to build new school building under Nepal-Bharat Maitri Development Partnership

Nepal will build a new school building in Rupandehi district.Under High Impact Community Development Projects programme, India has completed 446 projects in the areas of health, education, drinking water, connectivity, sanitation etc across all 7 provinces

Did you Know

India is reconstructing 71 institutions damaged in 2015 quake.

Image

India's FDI inflow in April-Dec 2020 surges 22% to $67.5 billion;Singapore top source of FDI in Apr-Dec.

Compared to this 22% surge,FDI inflow stood at $55.14 billion in first ninth months of 2019-20.FDI equity inflow grew by 40% in the first 9 months of FY21 to $51.47 billion from an year ago period of $36.77 billion.Singapore topped with $15.7 billion.

Did you Know

Gujarat garnered highest share of FDI in the period at $21.23 bn

Image

ISRF Awards Research Fellowship To 40 Scholars From 6 Countries: Ministry Of Science

It is for doing research in science and technology at Indian institutes and universities. These scholars have been selected for India Science and Research Fellowship (ISRF) 2021 based on research proposal, experience, academic merit and publication record.

Did you Know

The ISRF program was implemented in 2015.

Image

Amazon India partners with UN Women to launch storefront for women sellers

The storefront will offer over 80,000 unique products like organic items, handmade crafts,healthy snacks etc.Over 450 women-led businesses & over 280,000 women entrepreneurs & artisans from Amazon Saheli are likely to benefit.

Did you Know

Launched in Nov 2017,Amazon Saheli offers skill dvlpt workshops.

Image

Madhya Pradesh Tourism launches night safaris in 3 national parks.

Night safaris will be at Bandhavgarh National Park(NP), Kanha NP and Pench NP.Tourists can book their night safaris on the Wildlife Safari Reservation portal that is operated by the forest department of the state.Kanha NP is home to the Barasingha.

Did you Know

Bandhavgarh NP:known for highest density of Royal Bengal Tigers.