Daily News

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Former Sports Secretary Ravi Mittal appointed as IBBI Chairperson

The Appointments Committee of the Cabinet has appointed Ravi Mittal, former Sports Secretary, as the Chairperson of Insolvency Regulator Insolvency and Bankruptcy Board of India (IBBI).

It maybe recalled that IBBI Wholetime Membef (WTM) Navrang Saini is currently officiating as Chairperson till March 5 this year.

M S Sahoo was the first Chairperson of IBBI.

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He will serve as IBBI Chief for five years or till he attains the age of 65 years.

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LIC nominates MK Gupta on IDBI Bank board

Life Insurance of Corporation of India (LIC) has nominated Mukesh Kumar Gupta, retired Managing Director of LIC, on the Board of IDBI Bank.

Gupta’s appointment comes in the wake of Rajesh Kandwal ceasing to be LIC Nominee Director with effect from February 2, 2022.

Did you Know

LIC Chairperson: M R Kumar.
IDBI MD&CEO: Rakesh Sharma

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New Zealand’s Daryl Mitchell wins ICC’s ‘Spirit of Cricket’ award

New Zealand’s Daryl Mitchell is the recipient of the ICC ‘Spirit of Cricket’ award for 2021 due to his sportsmanlike gesture in the T20 World Cup semi-final against England in Abu Dhabi. Mitchell is the fourth New Zealand player to win the award, following the footsteps of Daniel Vettori, Brendon McCullum and Kane Williamson.

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ICC Chief Executive: Geoff Allardice

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India's 1st Season Style Book 'The Class of 2006: Sneak Peek into the Misadventures of the Great Indian Engineering Life' launch

India's 1st Season Style Book 'The Class of 2006: Sneak Peek into the Misadventures of the Great Indian Engineering Life', Written by Akash Kansal, launched by actor R. Madhavan.

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Former Oil Secretary Tarun Kapoor to be PNGRB head

Tarun Kapoor, who superannuated as secretary of the Ministry of Petroleum and Natural Gas on November 30, 2021, was selected to be chairman of the Petroleum and Natural Gas Regulatory Board (PNGRB). His candidature will now go to the Appointments Committee of the Cabinet for ratification and once approved, he would take over.

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Naval Investiture Ceremony- 2021 Conducted in New Delhi

Naval Investiture Ceremony to felicitate naval personnel who have demonstrated gallant acts, leadership, professional achievements and distinguished service of high order was conducted at Varunika Auditorium, INS India, New Delhi on 03 Feb 22.

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Blue Economy is the sixth dimension of Government of India’s Vision of New India by 2030: Union Minister Dr Jitendra Singh

The minister in Parliament said that the Government of India’s Vision of New India by 2030 enunciated in February 2019 highlighted the Blue Economy as the sixth dimension of its vision. He said, Rs. 150 Cr has been provisioned during 2021-22 under Deep Ocean Mission.

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1000th Trip of Kisan Rail of Central Railway Flagged Off

Shri Narendra Singh Tomar, Union Minister of Agriculture and Farmers’ Welfare and Shri Ashwini Vaishnaw, Union Minister of Railways, Communications, Electronics and Information Technology, Government of India flagged off the 1000th trip of Kisan Rail on Central Railway from Savda, Maharashtra to Adarsh Nagar, Delhi through weblink on 3.2.2022.

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Dr Reddy's Laboratories inks agreement to acquire Nimbus Health GmbH

Dr Reddy's Laboratories has inked a pact to acquire Germany-based Nimbus Health GmbH. The acquisition will allow Dr Reddy's to build on Nimbus Health's strengths and introduce medical cannabis-based medicines as a promising treatment option for patients. Nimbus will operate as a wholly-owned subsidiary of Dr Reddy's.

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Services PMI falls to six-month low in January 2022

India’s services sector activity moderated to a six-month low in January 2022, amid imposition of restrictions across the country due to the fast spread of the Omicron variant as well as inflationary pressures. Data released by the analytics firm IHS Markit showed the purchasing managers’ index (PMI) for services fell to 51.5 in January 2022 from 55.5 in December 2021.

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National Portal to assist households to set up solar systems on their roofs

Consumers who want to set up solar systems on their rooftops would now be able to find suppliers in their area, assistance in set-up and subsidy from their respective power utility – all at a national portal being developed by the ministry of new and renewable energy (MNRE).

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LIC, Policybazaar join hands to accelerate insurance growth

LIC and Policybazaar have joined hands to offer a wide range of term and investment products to consumers. This affiliation aims at facilitating seamless digital distribution of life insurance products across the nation.

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LIC Chairperson: M R Kumar.
Policybazaar Co-founder & CEO: Yashish Dahiya.

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Hero Electric partners Axis Bank for retail financing

Hero Electric has partnered with Axis Bank to offer retail financing solutions for its entire portfolio. Customers can opt for two-wheeler financing across Hero Electric’s network of over 750 dealers. Axis Bank will additionally offer customised loan amounts and flexible tenure for both customers and dealers.

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Sohinder Gill, CEO, Hero Electric.
Amitabh Chaudhry, CEO & MD, Axis Bank.

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2022 Beijing Olympics: Skier Arif Khan, only Indian athlete at winter games

Alpine skier Arif Khan is the first from Kashmir and the only Indian to qualify for the 2022 Winter Olympics being held in Beijing. He is also the first Indian to qualify for two different events of Winter Olympics and will be slalom and giant slalom alpine skiing in Beijing.

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World Cancer Day 2022 | 4th February

World Cancer Day is observed on February 4 every year to spread awareness about cancer.

World Cancer Day is led by the Union for International Cancer Control (UICC) to support the goals of the World Cancer Declaration, written in 2008.

The day aims to raise awareness of cancer and to encourage its prevention, detection and treatment.

Did you Know

The theme of World Cancer Day 2022 is "Close the Care Gap"