Daily News

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Zambia’s opposition leader Hichilema wins presidential election

Zambia’s newly elected leader Hakainde Hichilema has been sworn in after an election victory hailed as a rare triumph over authoritarianism and a milestone in African democracy.

On his sixth bid for the presidency, Hichilema defeated the incumbent Edgar Lungu.

The victory is the 17th opposition win in sub-Saharan Africa since 2015.

Did you Know

Capital of Zambia:- Lusaka;
Currency of Zambia:- kwacha

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“Mission Domination: An Unfinished Quest”- by Boria Majumdar & Kushan Sarkar

A new book titled “Mission Domination: An Unfinished Quest” authored by Boria Majumdar & Kushan Sarkar.

It was revealed that Rohit Sharma wasn’t happy after World Cup 2019 despite his individual brilliance and the book was released recently.

The book recalled the moments after the World cup 2019 loss as well.

Did you Know

It has been published by Simon and Schuster Publisher India Private Limited.

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World Bank Launches Global Cybersecurity Fund

The international financial institution, which provides a wide variety of loans & grants to governments for capital projects, launched its Cybersecurity Multi-Donor Trust Fund under its broader Digital Development Partnership program, described as a platform for digital innovation & development funding.

Did you Know

WB has partnered with 4 nations to launch this fund- Estonia, Japan, Germany & Netherland

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Address Book- A Publishing Memoir in the time of COVID’ by Ritu Menon

Author and publisher Ritu Menon’s memoir talks about her time in lockdown. Housebound, she goes through her address book looking for a name and number from a long time ago. As she goes through the pages, she sees the people she’s encountered in 35 years as a feminist publisher. It also dwells on the books she made, authors published, issues raised, and more.

Did you Know

She was the co-founder of Kali for Women, India’s first feminist press in 1983

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RBI imposes Rs 27.5 lakh penalty on Dhanlaxmi Bank for rule violations

The Reserve Bank of India (RBI) imposed a monetary penalty of Rs. 27.50 lakh on Kerala-based private sector lender Dhanlaxmi Bank for various rule violations.

The examination of the Risk Assessment Report and Inspection Report pertaining to the same revealed violation of certain provisions of the Depositor Education and Awareness Fund Scheme.

Did you Know

Dhanlaxmi Bank Headquarters: Thrissur;
Founded: 1927

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Paytm, HDFC Bank tie up to develop payment products for new online ventures

IPO-bound digital payments firm Paytm and India’s largest private sector bank, HDFC Bank, announced a strategic partnership to build comprehensive solutions across payment gateway, point of sale machines and credit products including Paytm Postpaid which is Buy Now Pay Later (BNPL) solution, Eazy EMI and Flexi Pay.

Did you Know

Paytm and HDFC Bank are coming together for two broad PoS offerings.

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NCDEX Launches GUAREX – India’s First Agri Sectoral Index

India’s first sectoral index in the Agri commodities basket i.e. GUAREX was launched by the National Commodity and Derivatives Exchange Limited (NCDEX).

GUAREX is a price based sectoral index which tracks the movement in the futures contracts of guar gum refined splits and guar seed on a real-time basis. This index product will offer a lot of opportunities to value chain.

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Former India footballer and Olympian O Chandrasekhar passes away

Former India footballer O Chandrasekharan, popularly known as Olympian Chandrasekharan in his home state Kerala, died.

He had been suffering from dementia for a decade or so.

Chandrasekharan, who played as a defender, was a member of the Indian team in the 1960 Rome Olympics the last time the country participated in football at the Games.

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Odisha CM Naveen Patnaik dedicate permanent campus of the Skill Development Institute Bhubaneswar

The permanent campus of Skill Development Institute (SDI) at Bhubaneshwar was dedicated to the nation by Odisha Chief Minister Naveen Patnaik. The permanent campus of SDI, located at Jatni Tahsil of Khurda district, has been built over an area of 16 acres allotted by the Government of Odisha.ICT-IOC was founded to enrich the nation’s technical education

Did you Know

Odisha CM:- Naveen Patnaik
Governor:- Ganeshi Lal

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Dubai (UAE) sets up specialised court to combat money laundering

Dubai Courts announced the establishment of a specialised court, focused on combating money laundering, within the Court of First Instance and Court of Appeal.

This court ties into a string of initiatives aimed at reducing financial crimes and follows the recent establishment of the Executive Office of the Anti-Money Laundering & Countering the Financing of Terrorism.

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Greater Hyderabad Municipal Corporation (GHMC) holds special drive to tackle mosquito breeding

The innovative ‘Every Sunday 10 minutes at 10 am’ programme was held in parts of the city by GHMC.

Under the programme, stagnant water inside the houses and surroundings were emptied as they could turn into mosquito breeding spots.

The GHMC staffers explained to people the need to empty stagnant water in order to curb malaria & dengue.

Did you Know

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India and Qatar conducted joint naval exercise in Persian Gulf

The second edition of the joint naval exercise, Zair-Al-Bahr, between the Indian Navy and Qatar Emiri Naval Force (QENF) were recently conducted in the Persian Gulf.

In the sea phase of the exercise, the Indian Navy's Stealth Frigate INS Trikand, QENF's missile boats of Barzan and Damsah class, fast-attack crafts of MRTP 34 class and Rafale fighter aircraft participated.

Did you Know

Qatar - Capital: Doha;
Currency : Riyal