The Asian Development Bank will provide USD 500 million loans to expand the metro rail network in Bengaluru with the construction of two new metro lines totaling 56 kilometers.
An agreement in this regard was signed between the Government of India and the ADB.
The project will construct two new metro lines, mostly elevated, along Outer Ring Road and National Highway 44.
Ujjivan Small Finance Bank’s managing director and chief effective officer Nitin Chugh has tendered his resignation.
The resignation will come into effect from September 30, 2021. Ujjivan Small Finance Bank had roped in Chugh from HDFC Bank in May 2019, he took over the baton from predecessor Samit Ghosh in December 2019. RBI had approved the appointment for three years
India has been ranked second in terms of crypto adoption, amid a bull run in cryptocurrency assets globally, a new report by blockchain data platform Chainalysis showed.
According to the report, which ranked 154 countries, India was second only to Vietnam.
The cryptocurrency moved in transactions under P2P trade volume, weighted by purchasing power parity (PPP) per capita
Actor-producer Priyanka Chopra Jonas on Tuesday was announced as the chairperson of Jio MAMI Film Festival, almost four months after Deepika Padukone stepped down from the position.
The Mumbai Academy of Moving Image (MAMI) unveiled its plans for the coming year, edition and the change in leadership.
Direct selling major Amway India has signed Olympic silver medalist Saikhom Mirabai Chanu as brand ambassador for Amway and its Nutrilite range of products.
Chanu will appear in Amway's campaigns focused on its foundation range such as Nutrilite Daily,Omega and All Plant Protein amongst others, across platforms.
Over 60 per cent of Amway's direct sellers are women and youth
Samsung India has roped in actor Alia Bhatt as the brand ambassador for its premium Galaxy Z Series foldable smartphones.
Alia’s immense popularity among young Gen Z and millennial consumers will help us deepen our bonds with them.
Moreover, Alia’s quality and depth of work resonates with Samsung’s key values of openness and innovation.
The Odisha government announced the expansion of its flagship health assurance scheme - Biju Swasthya Kalyan Yojana (BSKY) that it had implemented instead of the Centre's Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (PM-JAY).
Around 3.5 crore people in 96 lakh families, are now getting benefits under national and state food security schemes.
Young Indian Grandmaster Raunak Sadhwani emerged winner in the 19th Spilimbergo Open chess tournament with seven points from nine rounds.
The 15-year old Sadhwani (Elo 2579) remained undefeated in the tourney, notching up five wins and four draws.
Indian Grandmaster R Vaishali finished 14th with six points and was the best among the women competitors.
Indian javelin thrower Neeraj Chopra has gained 14 places to become world number two in the latest world rankings after his sensational show in the Tokyo Olympics.
Neeraj became the first from the country to win a gold in track and field in the Olympics. He threw the javelin to a distance of 87.58m to pick the yellow metal at the Tokyo Games.
ReNew Power has signed a power purchase agreement (PPA) for round-the-clock (RTC) electricity supply with the Solar Energy Corporation of India (Seci).
In order to supply power from the 400 megawatt (MW) RTC project at 80% utilisation rate, the company will require around 900 MW of wind capacity and 400 MW of solar capacity, supplemented by battery storage.
The Appointments Committee of Cabinet has approved the proposal to appoint Shanti Lal Jain as the new Managing Director and Chief Executive Officer of the Chennai-headquartered Indian Bank.
Jain, 56, is currently the Executive Director of state-run Bank of Baroda.
The Department of Financial Services had proposed his appointment as the MD and CEO of Indian Bank.
The Appointments Committee of the Cabinet appointed Labour Secretary Apurva Chandra as the Secretary, Ministry of Information and Broadcast.
Apurv Chandra, 1988 batch Indian Administrative Service (IAS) officer, assumed charge as the Labour Secretary in October 2020.
He was serving as Special Director General, Defence Acquisition, Ministry of Defence.
The Wrestling Federation of India (WFI) "temporarily suspended" star grappler Vinesh Phogat for indiscipline during her forgettable Tokyo Olympics campaign.
WFI also issued a notice to young Sonam Malik for misconduct.
Vinesh, had travelled to Tokyo from Hungary where she had trained with coach Woller Akos.
The Central Vigilance Commission (CVC) re-appointed T M Bhasin as chairman of the Advisory Board for Banking and Financial Frauds (ABBFF), a panel constituted to examine bank frauds of over Rs 50 crore and recommend action.
The re-appointment of Bhasin is with effect from August 21, for a further period of two years, as per the circular issued by CVC.
The Uttar Pradesh government has renamed a landmark freedom movement event as Kakori Train Action while paying tributes to the revolutionaries who were hanged for robbing a train at Kakori to buy weapons in 1925.
The new name was used in official communications to refer to the event, usually described as the ‘Kakori train robbery’ or the ‘Kakori train conspiracy’.