Daily News

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Japan’s Yuto Horigome wins first ever Olympic gold medal in skateboarding

Japan’s Yuto Horigome has won the first ever skateboarding competition at the Olympic Games, taking gold in men’s street event at the Ariake Urban Sport in Tokyo.Yuto overcame a shaky start to pocket the gold with 37.18 points.

Yuto Horigome (Japan) (37.18 pts), 2. Kelvin Hoefler (Brazil 36.15 pts), 3. Jagger Eaton (USA 35.35 pts).

Did you Know

Japan's Momiji Nishiya- 1st Women's Olympic Skateboard champion.

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Kargil Vijay Diwas 2021: July 26

Kargil Vijay Diwas is observed every year on 26 July. The day is celebrated to mark India's victory against Pakistan in Kargil war 1999. Indian Armed Forces, on this day took back the higher posts of Kargil from Pakistan.

This year, marks the 22nd anniversary of India's victory in Kargil War. The operation was known as Operation Vijay.

Did you Know

War lasted for around 60 days & came to an end on 26 July 1999.

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Defence Minister Rajnath Singh flagged-in ARMEX-21 in Delhi

Defence Minister Rajnath Singh flagged-in the Indian Army Skiing Expedition, ARMEX-21, in New Delhi.

The ARMEX-21 was conducted in the mountain ranges of the Himalayan region to promote the adventure activity in the country and the Indian Army.

The expedition was flagged off at Karakoram Pass in Ladakh and culminated at Malari in Uttarakhand.

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RBI revises personal loan limit for bank directors to ₹5 crore from ₹25 lakh

Reserve Bank of India (RBI) has overhauled rules for extending loans to directors of other banks and relatives of directors. As per the amendments, the central bank has allowed banks to extend personal loans up to ₹5 crore to directors of other banks and directors' relatives other than spouses without board approval. The earlier limit for such loans was ₹25 lakh.

Did you Know

The earlier limit of ₹25 lakh will continue to apply to business loans.

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Kakatiya Rudreshwara Temple inscribed as UNESCO World Heritage Site

Kakatiya Rudreshwara (Ramappa) Temple, Telangana has been inscribed as a UNESCO World Heritage Site.

India's 39th World Heritage Site.The decision was taken at the 44th session of the World Heritage Committee of UNESCO.

Ramappa temple is a 13th century engineering marvel named after its architect, Ramappa

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UNESCO’s ‘Historic Urban Landscape’ project for Gwalior, Orchha launched

In Madhya Pradesh, Gwalior and Orchha cities have been selected by UNESCO under ‘Historic Urban Landscape Project’, which was started in the year 2011, for the inclusive and well-planned development of fast-growing historical cities while preserving the culture and heritage.The cities will be jointly developed by UNESCO, the Government of India & Madhya Pradesh.

Did you Know

CM Madhya Pradesh:- Shivraj Singh Chouhan; Governor:Mangubhai C. Patel

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Max Bupa rebrands itself as Niva Bupa, stops using 'Max' brand name

Standalone health insurer Max Bupa Health Insurance, backed by private equity firm True North and Bupa, has rebranded itself to Niva Bupa Health Insurance.

Max India, which owned 51 per cent in the insurer sold its stake to True North in February 2019 for Rs 510 crore.

Niva Bupa is one of the five pure-play health insurers in the country.

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International Finance Corporation extends $250 million to HDFC for green, affordable housing

IFC’s has extended a $250 million loan to HDFC Ltd—India’s largest housing finance company—to support its moves to grow its affordable housing and emerging green affordable housing portfolio.

This will enable low and middle-income borrowers improved access to finance while supporting the country’s climate goals.

Did you Know

International Finance Corporation (IFC), the investment arm of the World Bank group,

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Amit Shah inaugurates Greater Sohra Water Supply Scheme

Union Home Minister Amit Shah along with chief minister Conrad K. Sangma inaugurated the much-awaited Greater Sohra Water Supply Scheme at Sohra in East Khasi Hills, Meghalaya.

The Greater Sohra Water Supply Scheme was conceptualised by the Meghalaya government and an amount of Rs. 24.08 cr was sanctioned by the DoNER ministry in 2019 under NESIDS.

Did you Know

NESIDS:- North East Special Infrastructure Development Scheme

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Ashok Lavasa’s new book - ‘An Ordinary Life: Portrait of an Indian Generation'.

This book by Ashok Lavasa (Former Chief election Commission), appropriately titled An Ordinary Life: Portrait of an Indian Generation elaborates on those times and people through the life of its hero, Bauji, Ashok’s father, who consistently struggled to benefit from the rewards of hard work and honesty and found no reason whatsoever to follow another path.

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Paralympic-bound shuttler Pramod Bhagat named Differently Abled Sportsman of the Year 2019

World No. 1 para shuttler Pramod Bhagat named Differently Abled Sportsman of the Year at Indian Sports Honour for 2019.The delay in announcement was due to COVID-19 pandemic.

Bhagat, who won two gold medals and a bronze at the Dubai, Para Badminton Tournament. this year hewill be participating in singles and mixed doubles events at Tokyo Paraolympics 2021.

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Magma Fincorp is now Poonawalla Fincorp after takeover by Serum Institute CEO Adar Poonawalla

Magma Fincorp has been renamed as Poonawalla Fincorp with effect from July 22 after Adar Poonawalla-led Rising Sun Holdings acquired a controlling stake in the non-banking finance company (NBFC).Rising Sun Holdings had acquired a controlling stake in the NBFC through an equity infusion of Rs 3,456 crore. The transaction was completed on May 21.

Did you Know

Poonawalla is also the CEO of Serum Institute of India (Manufacturing Covishield Vaccine)

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Govt to set up Indian Institute of Heritage at Noida

The government has decided to set up the Indian Institute of Heritage at Noida, Gautam Buddha Nagar,Uttar Pradesh.

This will impact higher education and research in the field of rich Indian heritage and its conservation, leading to Masters and Ph.D. courses in History of Arts, Conservation, Museology, Archival Studies, Archaeology, Preventive Conservation, Epigraphy, etc.

Did you Know

Union Culture Minister:- Kishan Reddy

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Indian businessman Yusuffali MA appointed vice-chairman of top govt business body in Abu Dhabi

Crown Prince of Abu Dhabi Sheikh Mohamed Bin Zayed Al Nahyan has appointed prominent Indian businessman Yusuffali MA as the vice-chairman of the apex government body for all businesses operating from the UAE's capital city, making him the only person from India on the 29-member board.The ADCCI is the apex government body of all businesses established in Abu Dhabi.

Did you Know

Abu Dhabi, the capital of the United Arab Emirates, Currency: Dinar

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Government sets up Dairy Investment Accelerator to promote & facilitate investments in the Dairy sector

The Department of Animal Husbandry & Dairying (DAHD), Government of India,with a view to provide dedicated focus towards promoting & facilitating investments in the Indian Dairy sector, has setup Dairy Investment Accelerator under its Investment Facilitation Cell.

Dairy Investment Accelerator is also generating awareness among investors about AHIDF.

Did you Know

Animal Husbandry Infrastructure Development fund (AHIDF):- flagship schemes by DAHD

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Amit Shah Launches ‘Prarthana’ Scheme & Lays Foundation Stone Of Tamulpur Medical College & Hospital.

Union Home Minister Amit Shah laid the foundation stone of Tamulpur Medical College and Hospital in Guwahati. He also distributed cheque of Rs. 1 lakh each to the 100 selected Covid-19 victims under the State Government’s ‘Prarthana Achoni’ in the presence of Assam CM Himanta Biswa Sarma, Health Minister Keshab Mahanta and Bodoland Territorial Region Chief Promod Boro.

Did you Know

The Tamulpur Medical College and Hospital is a mission under the Bodo Accord.

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Priya Malik wins gold medal at World Cadet Wrestling Championship 2021.

Indian junior wrestler Priya Malik won a gold medal in the 73-kg category Cadet World Championship held in Budapest, Hungary. The Cadet World Championship is a tournament where the best Greco-Roman, Freestyle and Women wrestlers worldwide below the age of 17 compete.

Did you Know

India has won 13 medals, including five Gold at the World Cadet Championships in Budapest

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Insolvency and Bankruptcy Code (Amendment) Bill, 2021 introduced in Lok Sabha

Finance Minister Nirmala Sitharaman introduced the Insolvency and Bankruptcy Code (Amendment) Bill, 2021 in Lok Sabha. It amends the Insolvency and Bankruptcy Code, 2016. The Code provides a time-bound process for resolving the insolvency of corporate debtors i.e. within 330 days, called the corporate insolvency resolution process.

Did you Know

Insolvency is a situation where companies are unable to repay their outstanding debt.

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GoI to amend GIBNA Act to privatise general insurance companies.

To facilitate privatisation of one of the public sector general insurance firms, the govt is working on amendments to the General Insurance Business (Nationalisation) Act (GIBNA). The draft Bill, seeks to remove the 51% floor on government holding. Foreign investors will be able to hold up to 74% in the divested general insurance firm subject to Indian management & control.

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Veteran multilingual actor Jayanthi passes away at 76

Jayanthi made her full-fledged acting debut with the Kannada movie Jenu Goodu in 1963 and has more than 500 movies in Telugu, Tamil, Kannada, and Malayalam film industries. Her work in superhits like Pedarayudu, Swathi Kiranam, Kodama Simham, Justice Chowdary and Kondaveeti Simham brought her recognition among the Telugu audiences.

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World Mangrove Day is observed on 26th July every year

The day 26th of July, aims to raise awareness of the importance of mangrove ecosystems as a unique, special & vulnerable ecosystem and to promote solutions for their sustainable management, conservation and uses. Plantation of 15 cr saplings over 10 thousand acres of land has been initiated in the Sundarban area of West Bengal, with the help of Women members under MGNREGA

Did you Know

The Conservation of the Mangrove Ecosystem day had been adopted by UNESCO 2005