Sambit Patra has been appointed as the chairman of India Tourism Development Corporation (ITDC) by the Appointments Committee of the Cabinet.
IAS officer, GKV Rao will hold the post of managing director of ITDC.
The India Tourism Development Corporation is a hospitality, retail, and education company owned by the Government of India, under the Ministry of Tourism.
December 2 marks the International Day for the Abolition of Slavery.
The day commemorates the brutal history of slavery practiced by colonial rulers of past centuries and aims to eradicate modern forms of slavery, such as trafficking in persons, sexual exploitation, child labour, forced marriage, and the forced recruitment of children for use in armed conflict.
2021 theme is “Ending Slavery’s Legacy of Racism: A Global Imperative for Justice”.
The RBI has imposed a monetary penalty of Rs.1 cr on the Union Bank of India for violating certain provisions related to the sale of stressed assets and reporting of frauds.
This action is based on the deficiencies in regulatory compliance & is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.
Rajkiran Rai G, MD, and CEO, Union Bank of India.
Goods and Services Tax (GST) collections grew 25% year-on-year to Rs 1,31,526 crore in November, surpassing October’s Rs 1.30 lakh crore mop-up.
Tax collections from import of goods also contributed to the numbers, which were 43% higher, while revenues from domestic transactions, including import of services, were 20% higher compared to November 2020.
Legendary Indian athlete Anju Bobby George has been bestowed with the Woman of the Year Award by World Athletics for grooming talent in the country and for her advocacy of gender equality.
Anju, the only Indian to have won a medal in the World Championships with a long jump bronze in the 2003 edition.
Senior Vice President of the Indian Athletics Federation, Anju Bobby George.
The Reserve Bank of India has appointed an advisory committee to advise the administrator of Reliance Capital.
The committee includes Sanjeev Nautiyal, ex-DMD of State Bank of India, Srinivasan Varadarajan, ex-DMD of Axis Bank, and Praveen P Kadle, ex-MD & CEO, Tata Capital Limited.
The Ministry of Social Justice and Empowerment has announced the formation of a three-member committee to review the criteria for Economically Weaker Section (EWS) reservations.
The committee will comprise Former Finance Secretary Ajay Bhushan Pandey, Member Secretary ICSSR Prof VK Malhotra, and Principal Economic Advisor to the Indian government Sanjeev Sanyal.
The policy aims to promote a sustainable transport system for making Himachal a global hub for electric mobility development and manufacturing of electric vehicles besides creating public and private charging infrastructure for such vehicles, along with providing subsidies and incentives to the electric vehicle manufacturing industries.
Himachal Pradesh Chief minister:- Jai Ram Thakur; Governor:- Rajendra Vishwanath Arlekar
International Bank for Reconstruction and Development (IBRD) has approved a USD 135 million loans to West Bengal to improve the operational efficiency and reliability of electricity supply in select pockets in the state.
The IBRD and its concessional lending arm, the International Development Association (IDA), are collectively also called the World Bank.
CM:- Mamata Banerjee; Governor:- Jagdeep Dhankhar
State-owned Indian Renewable Energy Development Agency (IREDA) has signed a pact with Brahmaputra Valley Fertilizer Corporation Ltd (BVFCL) to provide its techno-financial expertise in developing renewable energy projects and fundraising.
Under the MoU, IREDA will undertake techno-financial due diligence of renewable energy, green hydrogen, green ammonia, etc. for BVFCL.
Fintech unicorn CRED plans to acquire Happay, a corporate expense management company.
The acquisition is expected to be a cash-and-stock deal, potentially valuing Happay at about $180 million.
While Happay will operate as a separate entity, the team will work closely with CRED to expand the product offering and drive scale.
Cred is an Indian fintech company, based in Bangalore, founded in 2018 by Kunal Shah.
Vice President of India, Shri M. Venkaiah Naidu has made this assertion while releasing the English and Hindi versions of books titled “Democracy, Politics, and Governance” authored by Dr. A. Surya Prakash, Vice Chairman, Executive Council of Nehru Memorial Museum and Library and a leading commentator on parliamentary and constitutional issues and a veteran journalist.