The central government has appointed Padmakumar M Nair as the Chief Executive Officer (CEO) of the recently made National Asset Reconstruction Company (NARC). The ARCs work with the RBI-mandated 15:85 model, wherein the ARC pays 15% to banks in the form of cash, and 85% in the form of Security Receipts (SRs).
Indian Banks' Association Chief Executive Officer (CEO) Sunil Mehta.
“Life in the Clock Tower Valley” is the debut book of Press Trust of India (PTI) journalist Shakoor Rather. Published by Speaking Tiger, it talks about Kashmir’s pristine past, its grievous present, and always-uncertain future.
It also includes historical and political information about Kashmir as well as environmental issues that are seldom talked about.
Harley-Davidson Inc. launched an all-electric motorcycle brand "LiveWire," the latest effort by the company to ramp up bets on the rapidly growing electric vehicle market.
Named after Harley's first electric motorbike, which was unveiled in 2019.
It aims to attract the next generation of younger and more environmentally conscious riders.
Florence Nightingale’s birth anniversary is observed as International Nurses Day. Florence Nightingale was an English nurse, a social reformer, and a statistician who founded the key pillars of modern nursing. She was born on this day 1820. The International Council of Nurses (ICN) celebrated the day for the first time in 1965.
The theme for 2021 is Nurses: A Voice to Lead - A vision for future healthcare.
FICCI FLO is the oldest business chamber of Southeast Asia which is led by women.
Ujjwala Singhania was appointed the 38th President of the organisation at its 37th Annual Session in the presence of eminent personalities. This included union ministers Smriti Irani, Dr Jitendra Singh, and Narendra Singh Tomar.
Federation of Indian Chambers of Commerce & Industry - FICCI Ladies Organization
International Cricket Council (ICC)announced the winners of the ICC Player of the Month Awards for April which recognize and celebrate the best performances from both male and female cricketers across all forms of international cricket throughout the year.
Pakistan’s Babar Azam won the ICC Men’s Player of the Month for April 2021.
Australian camp, Alyssa Healy was deservingly named the ICC Women’s Player of the April.
Indian Renewable Energy Development Agency Ltd. IREDA has been conferred with “Green Urja Award” for being the Leading Public Institution in Financing Institution for Renewable Energy this year by Indian Chamber of Commerce (ICC). The award was received by Shri Pradip Kumar Das, Chairman & Managing Director (CMD), IREDA
Indian Renewable Energy Development Agency:
HQ: New Delhi;
Founded: 11 March 1987
The Income Tax Department allowed hospitals and nursing homes to accept cash over and above the limit of Rs 2 lakh for Covid treatment till May 31.
In the exercise of powers conferred by clause (iii) of Provision to Section 269ST of the Income-tax Act, 1961, the Central Government specifies Hospitals, Dispensaries, Nursing Homes, Covid Care Centres, etc.
The Delhi Police has launched a vehicle helpline called 'COVI Van' to help senior citizens in South Delhi. According to Delhi Police, the beat officer will visit the senior citizens with the 'COVI Van' and help them with their hospitalisation, vaccination or take them to nearby markets to buy medicines or items of daily needs.
Initially, the facility has been initiated at the Greater Kailash police station, Delhi.
Federal Bank has inked a strategic alliance with Mashreq Bank one of the leading financial institutions in the UAE, to facilitate money transfers from the UAE to India. The partnership will help Mashreq’s faster payment product, QuickRemit, which was launched in 2017.
Mashreq is one of the oldest banks in the UAE.
Mashreq is also the only privately-owned bank in the UAE.