Daily News

Image

PNB launches co-branded contactless credit cards with Patanjali in partnership with RuPay

Punjab National Bank (PNB), and Patanjali Ayurved Limited (PAL) have launched co-branded contactless credit cards in partnership with the National Payments Corporation of India (NPCI).

The co-branded credit cards are offered on NPCI's RuPay Platform and are available in two variants - PNB RuPay Platinum and PNB RuPay Select.

Atul Kumar Goel, MD and CEO of PNB.

Did you Know

Acharya Balkrishna, Managing Director of Patanjali Ayurved Limited.

Image

SBI, Tata Power launch ‘Surya Shakti Cell’ for financing solar projects

India’s largest lender State Bank of India (SBI) has launched a dedicated centralised processing cell - ‘Surya Shakti Cell’ after entering into an agreement with Tata Power Solar Systems Ltd (a Tata Power Company).

SBI, with the launch of this centralised processing cell, aims to strengthen the existing financing arrangement for solar power projects.

Did you Know

The Surya Shakti Cell is set up in Mumbai's Ballard Estate

Image

Lt Gen GAV Reddy Succeeds Lt Gen KJS Dhillon As Defence Intelligence Agency Head

Lieutenant General GAV Reddy, SC, has been appointed as the new head of the Defence Intelligence Agency. General Reddy would be succeeding Lt Gen KJS Dhillon.

The Director-General of the Defence Intelligence Agency is the head of the organisation and is among the principal advisors on intelligence to the Minister of Defence and the Chief of Defence Staff.

Did you Know

The first Director-General of the DIA was Lt Gen Kamal Davar.

Image

GST collections in Jan cross Rs 1.3 lakh cr-mark for fourth time

The central government's goods and services tax (GST) collection in January crossed Rs 1.38 lakh crore.

GST collection crossed Rs 1.30 lakh crore mark for the 4th time.

Revenues for month of Jan 2022 15% higher than GST revenues in the same month last year & 25% higher than the GST revenues in January 2020.

Did you Know

January is the fourth month when GST collection has crossed Rs 1.30 lakh crore.

Image

Tata Steel's arm to buy debt-ridden Neelachal Ispat Nigam for ₹12,100 crore from government

The Centre has approved Tata Steel Long Products' bid to buy steel producer Neelachal Ispat Nigam.

The Centre's 'Alternative Mechanism' approved the bid for buying 93.71 per cent of shares of JV partners of four CPSEs and two Odisha state government PSEs at the bid enterprise value of Rs 12,100 crore.

The Centre does not hold any equity in the company.

Did you Know

Image

PR Sreejesh becomes first Indian man to win World Games Athlete of the Year Award

Veteran Indian hockey goalkeeper PR Sreejesh won the prestigious World Games Athlete of the Year for his 2021 performances, becoming only the second Indian to receive the accolade.

Sreejesh became the first man and second hockey player to win the award, following in the footsteps of compatriot and India women's captain Rani, who took the 2019 prize.

Did you Know

Image

Hoysala Temples in Karnataka are India's nomination for World Heritage List for 2022-2023

The Hoysala Temples of Belur, Halebid and Somnathapura in Karnataka have been finalised as India's nomination for World Heritage List for the year 2022-2023.

The 'Sacred Ensembles of the Hoysala' have been on UNESCO's Tentative list since April 15, 2014, and stand testimony to the rich historical and cultural heritage of this country.

Did you Know

Permanent Representative of India to UNESCO: Vishal V Sharma

Image

Former RBI governor Urjit Patel resigns as independent director of Britannia Industries Limited

Former Reserve Bank of India (RBI) governor Urjit Patel has resigned from the post of non-executive and independent director of Britannia Industries Limited, citing a full-time work assignment starting next month.

He was a part of the Board of the Company. The former governor also confirmed that there was no other reason other than his new project for the resignation.

Did you Know

Image

Economic Survey GDP forecast of 8-8.5% optimistic

The Economic Survey's GDP forecast of 8-8.5% for the next fiscal is optimistic and the Union Budget is expected to focus on fiscal management and reforms to give a booster dose to the economy.

The Survey's GDP growth forecast of 9.2% for this year and 8-8.5% for the next year will catapult India as the fastest growing major economy of the world for two consecutive years.

Did you Know

Image

FM Nirmala Sitharaman presents Union Budget for 2022-2023 in Parliament on 1st February

Finance Minister Nirmala Sitharaman presented the Union Budget for the Financial Year 2022-23 in the Lok Sabha at 11 am on 1st Feb. After getting the nod from the Cabinet, the Finance Minister will present the Union Budget in a paperless form for the second time in Parliament.

Earlier, the Union Budget of 2021-22 was delivered in paperless form last year for the first time.

Did you Know

Image

Indian Coast Guard celebrates its 46th Raising Day

The Indian Coast Guard is celebrating its 46th Raising Day on .

From just seven surface platforms in 1978, the Indian Coast Guard (ICG) has grown into a formidable force with 158 ships and 70 aircraft in its inventory.

It is likely to achieve targeted force levels of 200 surface platforms and 80 aircraft by 2025. It is the fourth largest Coast Guard in the world.

Did you Know

Image

PM Modi congratulates PM of Portugal Antonio Costa on re-election

Prime Minister António Costa won re-election to his third consecutive term during the general election in Portugal as the new far-right party Chega took ground in the country's Parliament.

The Socialist Party won about 41.7% of the vote, giving them an absolute majority in Parliament for the first time since taking power six years ago.

Did you Know

The party now controls at least 117 seats in the 230-seat Parliament.

Image

Central Theme Of Economic Survey 2021-22 Is The “Agile Approach”

The central theme of this year’s Economic Survey is the “Agile approach”, implemented through India’s economic response to the COVID-19 Pandemic shock. Informing further, the preface of Economic Survey states that the “Agile approach” is based on feedback loops, real-time monitoring of actual outcomes, flexible responses, safety-net buffers and so on.

Did you Know

Image

India joins global movement to raise awareness on Neglected Tropical Diseases (NTDs)

Observing the 3rd World NTDs Day on 30th January, as a key moment to highlight the global community’s commitment to ending NTDs, India joined close to 40 other nations to illuminate the iconic New Delhi Railway Station in purple and orange hues, which is one of the busiest railway stations in the country in terms of train frequency and passenger movement.

Did you Know