Daily News

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T S Ramakrishnan appointed as new MD and CEO of LIC Mutual Fund

LIC Mutual Fund announced the appointment of T S Ramakrishnan as its Managing Director & CEO, effective March 1, 2022.

Ramakrishnan, as the MD and CEO, LIC Mutual Fund Asset Management, will succeed Dinesh Pangtey, its former Wholetime Director and CEO.

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Christian Schenk to be the new Chairman of Skoda Auto Volkswagen India (SAVWIPL)

Christian Schenk, Board Member for Finance and IT, Skoda Auto, will be the new Chairman of SAVWIPL. Piyush Arora joins the Board as Managing Director of SAVWIPL and Christian Cahn von Seelen will assume an Executive position on the Board of SAVWIPL as Executive Director – Sales & Marketing.

Škoda Auto, Headquarters: Mlada Boleslav, Czechia

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Thomas Schäfer, CEO of Skoda Auto.

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GST collections in Feb stand at ₹1.3L cr

Goods and services tax collections dipped marginally to Rs 1.3 lakh crore during February, compared to Rs 1.4 lakh crore in the previous month.

This was also the first time in nearly five years that cess collected from soft drinks, coal, tobacco, and automobiles and automobiles crossed the Rs 10,000 mark in a month.

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UPI transactions value dips to Rs 8.27 lakh crore in February

India's cashless retail transactions on UPI platform were worth Rs 8.27 lakh crore in February, slightly lower than the amount recorded in the previous month, data from the National Payments Corporation of India (NPCI).

In the preceding month, NETC FASTag toll collections were valued at Rs 3,603.71 crore by way of 23.10 crore (231.01 million) transactions.

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There were a total of 452 crore (4.52 billion) transactions in February 2022.

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Dudhala in Gujarat to become first village to be completely solarized by a foundation

Goldi Solar, a global solar panel manufacturer and EPC services provider, in partnership with Shree Ramkrishna Knowledge Foundation (SRKKF) laid the foundation stone for the solarization of the village of Dudhala in Southern Gujarat.

A 450 KW solar rooftop project will be used to power around 350 houses and public areas such as anganwadis and gram panchayat.

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Govt permits up to 20% FDI under automatic route in LIC

Government has permitted up to 20 percent Foreign Direct Investment (FDI) under automatic route in Life Insurance Corporation of India (LIC) with an aim to facilitate disinvestment of the country's largest insurer.

Department for Promotion of Industry and Internal Trade (DPIIT) had mooted the proposal to allow FDI in LIC, after taking views from the Ministry of Finance.

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Saurabh Chaudhary clinches India's first gold at ISSF World Cup in Cairo

Saurabh Chaudhary clinched India's first gold medal at the ongoing International Shooting Sport Federation (ISSF) World Cup in Cairo, Egypt.

The 19-year-old Indian defeated Michael Schwald of Germany 16-6 in the gold medal match of the Men's 10m Air Pistol event.

Russian Artem Chernousov grabbed a bronze medal.

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Air Marshal S Prabhakaran assume charge as IAF's Western Air Command

Air Marshal Sreekumar Prabhakaran assumed command of the Indian Air Force's Western Command headquartered in Delhi.

The Air Officer is a recipient of the Vayu Sena Medal and Ati Vishisht Seva Medal.

Air Marshal S Prabhakaran succeeds Air Marshal Amit Dev who superannuated on 28 Feb 22 after more than 39 years of distinguished service in IAF.

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46th Civil Accounts Day to be celebrated on 2nd March 2022

The 46th Civil Accounts Day will be celebrated on 2nd March 2022 at Dr. Ambedkar International Centre, Janpath, New Delhi. Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman will be the Chief Guest.

Finance Minister will launch a major e-governance initiative - the Electronic Bill (e-Bill) processing system as part of ease of doing business & Digital India.

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Janaushadhi Diwas week to be observed from 1st March to 7th March 2022

Pharmaceuticals & Medical Devices Bureau of India (PMBI), under the aegis of Department of Pharmaceuticals is going to celebrate their 4th Jan Aushadhi Diwas by organizing weeklong celebrations at different locations across the country covering all States/UTs.

This will generate awareness about the usages of generic medicines and benefits of Jan Aushadhi Pariyojana.

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Union Minister for Women & Child Development Inaugurates celebration of International Day of Women – Week From 1st To 8th March

The Ministry of Women and Child Development is celebrating the International Women’s Day week from 1st to 8th March, 2022 as a part of nationwide celebrations of ‘Azadi Ka Amrit Mahotsav’.

WCD Ministry in collaboration with Bureau of Police Research and Development (BPR&D) to raise awareness on safety and security of women.

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Union Minister for Women and Child Development:- Smt. Smriti Zubin Irani

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Prof Deepak Dhar from IISER-Pune Becomes 1st Indian Physicist to Receive Boltzmann Medal

The prestigious Boltzmann Medal for the year 2022 has been awarded to Prof Deepak Dhar from Indian Institute of Science Education and Research, Pune (IISER Pune).

The award was declared to Prof Dhar for his contribution in the field of ‘Statistical Physics’.

He shared the award with American scientist John Hopfield.

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31st Southeast Asian Games to open in Vietnam

The 31st Southeast Asian Games, the region’s biggest sporting event, will be held in Vietnam from May 12 to 23, 2022.

The Games will feature 40 sports with 526 events, attracting around 10,000 participants.

The Vietnamese capital Hanoi will be the main venue alongside 11 neighbouring localities including Quang Ninh, Phu Tho and Bac Ninh, Xinhua.

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Moto of 31st Southeast Asian Games- “For a Stronger South East Asia”.

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Mahagram to power Bank of Maharashtra’s project - 'Bank Sakhi' in Odisha

Bank of Maharashtra has tied up with Mahagram to roll out the ‘Bank Sakhi’ project in Odisha.

As part of the tie-up, the company has onboarded more than 11,000 bank sakhis (women) on the BharatATM platform to help the rural citizens avail basic banking services at their doorstep or the next door Kirana stores.

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Fintech would provide financial technology & infrastructure support to rural areas.

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Google launches ‘Play Pass’ subscription in India

Google has announced the launch of ‘Play Pass’ subscription service in India that will provide Android device users access to over 1,000 applications and games without ads, in-app purchases, and upfront payments.

In India, users can get started with the service with a one-month trial and subscribe for Rs. 99 per month or Rs 889 for the year.

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