Daily News

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Nobel Prize 2021 in Economics awarded to David Card, Joshua Angrist and Guido Imbens

Three US-based economists won the 2021 Nobel prize for economics for pioneering research on the labour market impacts of minimum wage, immigration and education, and for creating the scientific framework to allow conclusions to be drawn from such studies that can’t use traditional methodology.

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Peter Fredriksson, chair of the Economic Sciences Committee.

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Banks get RBI nod to use any other ARR in place of LIBOR

Reserve Bank of India (RBI) has permitted banks, which are authorized to deal in foreign exchange, to use any other widely accepted/alternative reference rate (ARR) in place of the London interbank offered rate (LIBOR) for interest payable in respect of export/import transactions.

LIBOR- the global reference rate for unsecured short-term borrowing in the interbank market.

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EESL appoints Arun Kumar Mishra as CEO

Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings under the Ministry of Power has announced the appointment of Arun Kumar Mishra as chief executive officer (CEO) on deputation.

He will be responsible for EESL’s operations across the nation.

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Dr Randeep Guleria bags 22nd Lal Bahadur Shastri National Award for Excellence

The Vice President M Venkaiah Naidu presented the 22nd Lal Bahadur Shastri National Award for Excellence to the eminent pulmonologist and Director of the All India Institute of Medical Sciences (AIIMS), Dr Randeep Guleria at Upa-Rashtrapati Nivas.

Anil Shastri, Chairman -Lal Bahadur Shastri Institute of Management (LBSIM).

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Ibha revealed as mascot of FIFA U-17 Women's World Cup in India

The Fédération Internationale de Football Association (FIFA) Ibha as the official mascot of FIFA U-17 Women's World Cup 2022 in India. Ibha, an Asiatic lioness, was unveiled on the day coinciding with the International Day of the Girl Child.

FIFA Women's World Cup kicks off in Australia and New Zealand in 2023.

Sarai Bareman, FIFA Chief Women's Football Officer.

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Praful Patel, President of All-India Football Federation.

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PM Modi will launch National Infrastructure Masterplan

Prime Minister Narendra Modi will launch the digital platform for the first ever National Infrastructure Masterplan, through which the entire network of projects - from roads and railways to telecom networks and gas pipelines - until 2020, with plans up to 2024-25, will be laid out.

The masterplan, called PM GatiShakti, was announced on Independence Day.

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Bharat Bill Pay starts its mobile prepaid recharges services, onboards BSNL

Bharat Bill Payment System, the one-stop platform for facilitating all recurring payments across various categories has gone live with the ‘mobile prepaid recharges category’. Bharat Bill Payment System has on-boarded Bharat Sanchar Nigam Ltd. (BSNL) as the first Telecom Operator and the category is now live on BHIM UPI App.

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RBI had approved mobile prepaid recharges as a biller category in BBPS.

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Sarita Mor wins bronze at World Wrestling Championships

Sarita Mor defeated Sweden's Johanna Lindborg 8-2 to bag the bronze medal in the 59kg category at the World Wrestling Championships.

She becomes the sixth Indian woman wrestler to win a bronze medal at the World Championships.

It was India's second medal of this edition of the World Championships as Anshu Malik won silver in the 57kg category.

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Delhi Chief Minister Arvind Kejriwal has launched the ‘Desh ke Mentor’ programme

Delhi government has launched the ‘Desh ke Mentor’ programme to provide career guidance to the students of class 9 to 12.The Delhi government school students will be mentored by people who are experts in their field, giving students insight into diverse career options. Under the initiative, people in the age group of 18-35 can register themselves as mentors.

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Actor Sonu Sood : The brand ambassador of this Programme.

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Bathukamma festival begins in Telangana

The nine day floral festival has begun in Telangana.

The festival began with excitement as the women were dressed in traditional clothes and colourful processions were carried out in Telangana, the Bathukamma festival is celebrated during Durga Navratri.

Bathukamma festival begins on the day of Mahalaya Amavasya.

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The festival continues till nine days, ending on the day of Durgashtami.

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India announces $200 million line of credit for Kyrgyzstan

India announced a $200-million line of credit for Kyrgyzstan and signed an agreement to carry out small but high impact projects for community development in the Central Asian state.

The two initiatives were among several measures announced by external affairs minister S Jaishankar at the end of a two-day visit to Kyrgyzstan.

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Kyrgyzstan - Capital: Bishkek; Currency: Kyrgyzstani som;
President: Sadyr Japarov

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Civil Aviation Minister Scindia flags off 'Doon Drone Mela' in Uttarakhand

Union Minister of Civil Aviation Jyotiraditya Scindia along with the Minister of State in the Ministry of Civil Aviation, General (Retd.) V.K. Singh flagged off the Doon Drone Mela 2021 in Dehradun.

Scindia flagged off the event with a paragliding demonstration.

Uttarakhand Government works towards developing Dehradun as an Aerosports and Drone Hub of India.

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