Indian Steel Association (ISA) announced that former executive director of state-owned SAIL, Alok Sahay has assumed office as its new Secretary-General and Executive Head from 1st October 2021, taking over from Bhaskar Chatterjee.
Sahay has represented India at the Global Forum on Steel Excess Capacity (GFSEC) held in Paris in 2018.
International Financial Services Centres Authority(IFSCA) set up an expert panel headed by former Environment and Forest Secretary C K Mishra to suggest a framework to develop a world-class sustainable finance hub at IFSC.
India aspires to be a frontrunner in climate action, which is evident in its commitment towards Nationally Determined Contributions under Paris Agreement
Competition Commission chief Ashok Kumar Gupta has been given additional charge as the chairperson of the National Financial Reporting Authority (NFRA).
NFRA Chairperson R Sridharan is demitting office after being at the helm for three years.
The decision has been taken with the approval of Corporate Affairs Minister Nirmala Sitharaman.
Suryoday Small Finance Bank informed its customers that it will shut down its automated teller machines (ATMs).
The bank said it will give users the option to use their debit card at ATMs of other banks. The lender will shut down its ATMs from October 1.
Due to operational reasons, Suryoday Bank ATMs will be discontinued with effect from 1st Oct 2021.
Finance minister Nirmala Sitharaman said that India has the highest Fintech adoption rate of 87% as opposed to the global average rate of 64 percent, which shows that India is a prime destination for digital payments and activities.
The finance minister added that digital payment transactions have grown tremendously, from Rs two trillion in 2019 to Rs four trillion in 2020
The government has picked Captain Alok Mishra as the managing director of India Ports Global Ltd, the state-owned entity tasked with developing and running the strategically important and India-funded Chabahar port in Iran.
The Appointments Committee of the Cabinet (ACC) has cleared the candidature of Mishra for the full-time role, a year after the previous incumbent office
Private sector AU Small Finance Bank signed a pact with the National Bank for Rural and Development (NABARD) to boost ongoing rural development initiatives in Rajasthan.
The memorandum envisages a joint initiative to benefit farmers, Farmer Producer Organisations (FPOs), Self Help Groups (SHGs), rural artisans, agri-entrepreneurs, and agri-startups in the State.
NABARD Chairman : G R Chintala
Managing Director, AU Small Finance Bank : Sanjay Agarwal
The gross GST revenue collected in the month of September was 1,17,010 crore rupees, which included CGST component of 20,578 crore, SGST 26,767 crore and IGST component of 60,911 crore rupees.
The revenue for September was 23% higher than the GST revenues in the same month last year. During the month, revenue from import of goods was 30% higher.
Sanjay Bhargava, who had worked with Elon Musk as part of a team that had founded electronic payment firm, PayPal, will now head the tech billionaire entrepreneur’s Starlink satellite broadband venture in India.
Bhargava joins SpaceX as Starlink’s country director (India), as the Musk-led US aerospace company gears up to compete with Bharti group-backed OneWeb.
The Asian Infrastructure Investment Bank (AIIB) has approved USD 356.67 million loan for expansion of the Chennai Metro rail system.
Phase-II of the Chennai Metro Rail will span the area from the Lighthouse in the east to Poonamale Bypass in the west. This will ensure seamless multimodal transport across Chennai, by providing integrated access to suburban rail & bus station
A team of scientists has, for the first time,developed a reactor that produces a substantial amount of hydrogen using sustainable sources like sunlight and water, which is a cost-effective & sustainable process.
Development of large-scale prototype reactors with photocatalysts(suspended powders) & a successful use of those in large-scale hydrogen production is under process
Union Cabinet headed by Prime Minister Narendra Modi approved the doubling of the Nimach-Ratlam railway line at a total estimated cost of Rs 1,095.88 crore.
The total length of doubling of the Nimach-Ratlam railway line is 132.92 km. The project will be completed in four years.
The total estimated cost of the doubling Rajkot-Kanalus railway project will be Rs 1,080.58 crore
The Uttar Pradesh government named actor Kangana Ranaut as the brand ambassador of its ambitious 'one district-one product' programme. The actor met Chief Minister Yogi Adityanath at his official residence.
The UP govt has launched the one district-one product (ODOP) programme with the aim to create product-specific traditional industrial hubs across 75 districts of state.
The Delhi govt has instituted a 16-member committee to check the functioning of the newly installed smog tower at Connnaught Place.
The committee will submit three reports- one report each month- about the functioning of the smog tower.
It will also comprise of 5-member team from the Delhi Pollution Control Committee (DPCC) to be headed by scientist Mohan George.