Daily News

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Dr Ranjit Rath appointed as CMD of Oil India

Government headhunter PESB has picked Ranjit Rath to head India's second largest state oil and gas producer, Oil India Ltd.

He is currently chairman and managing director of Mineral Exploration Corporation Ltd (MECL).

Oil India's current chairman and managing director Sushil Chandra Mishra will superannuate on June 30 this year.

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Mallika Srinivasan- chairperson of the Public Enterprises Selection Board (PESB).

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With 807 goals Cristiano Ronaldo becomes football's all-time leading scorer

Manchester United forward Cristiano Ronaldo etched his name in the record books as professional football's all-time leading scorer with 807 goals after a brilliant hat-trick against Premier League rivals Tottenham Hotspur.

Ronaldo's goals have been scored for Sporting, United, Real Madrid, Juventus and the Portugal national team.

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Austro-Czech Josef Bican netted 805 goals during a career that lasted from 1931 to '55.

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Tripura govt announces Rs 85 crore scheme for tea workers

In an attempt to ensure social security of over 7,000 tea garden workers of Tripura, the state government has announced a special scheme named "Mukhyamantri Chaa Srami Kalyan Prakalpa".

The scheme assures housing, rations and financial support to the tea garden workers providing them with facilities of state and central government entitlements in a clubbed format.

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Penguin publishes the Authorised Biography of Soli Sorabjee – One of India’s foremost Constitutional Experts

On the occasion of Soli Sorabjee’s (the former Attorney General of India) 92nd birth anniversary, Penguin Random House India announces the acquisition and publication of his authorized biography.

Titled, Soli Sorabjee: Life and Times, this biography is chronicled by advocate and legal scholar Abhinav Chandrachud.

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First ‘drone school’ inaugurated in Gwalior

Union Civil Aviation Minister Jyotiraditya Scindia and Madhya Pradesh Chief Minister Shivraj Singh Chouhan has inaugurated the first drone school in Gwalior.

Madhya Pradesh was also the first state in the country in advancing the use of drone technology at a big scale by organising drone meta in Gwalior.

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SKOCH State of Governance Report Card for 2021 released

The SKOCH Group has released the SKOCH Governance Report Card for 2021, ranking the states according to their performance in various projects at state, district and municipal level. Andhra Pradesh bagged the number 1 spot for the 2nd consecutive year.

The SKOCH State of Governance report is an annual report that studies project-level outcomes across various states of India.

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UCO Bank to acquire 3% stake in debt resolution company IDRCL

UCO Bank has entered into an agreement to acquire a 3 percent stake in India Debt Resolution Company Ltd (IDRCL) for Rs 1.50 crore.

UCO Bank became one of the stakeholders of IDRCL.

The state-owned lender further said the acquisition will be completed within 10 working days from the date of the agreement.

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Ministry of Rural Development organizes 'Gender Samwaad'

Over 3000 State Mission staff and Self-Help Group (SHG) members logged in from 34 states to attend the third edition of ‘Gender Samwaad’ organised by the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM), Ministry of Rural Development.

The theme for this edition was ‘Promotion of food and nutrition security through women’s collectives’.

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Creation of Record for Highest Quantity of Bituminous Mix laid for road construction in 100 Hrs.

Union Minister for Road Transport and highways Shri Nitin Gadkari informed that longest Length of Flexible Pavement (DBM Course) road construction in 100 Hrs was awarded to PNC Infratech Ltd.

India Book of Records have awarded certificates in respect of creation of record for Highest Quantity of Bituminous Mix laid for road construction in 100 Hrs.

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Digital economy to see exponential growth to $800 billion by 2030

Finance Minister Nirmala Sitharaman has said that India's digital economy is expected to witness exponential growth to 800 billion dollars by 2030 on the back of rising internet penetration and increasing income.

The combined valuation of India's fintech industry is set to surge to 150 billion dollars in the next three years. 

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Pi Day / International Day of Mathematics 2022: March 14

Pi is a Greek letter and a mathematical constant that expresses the ratio of a circle's circumference to its diameter.

Not only that, but it's also Albert Einstein's birthday on this day, so it's a mathematician's dream come true.

On National Pi Day, which falls on March 14 every year, mathematicians all across the world commemorate the constant Pi.

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Indian GM S L Narayanan wins Cattolica International Open chess tournament in Italy

Indian Grandmaster S L Narayanan emerged winner in the Grandiscacchi Cattolica International Open while his compatriot R Praggnanandhaa finished runner-up.

Narayanan and six others, including Praggnanandhaa, finished equal first on 6.5 points after nine rounds. However, Narayanan took the top spot on the basis of a better tie-break score.

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LivQuik, first to achieve RBI’s PPI interoperability guidelines

Prepaid Payment Instrument (PPI) issuer LivQuik has achieved full Interoperability as mandated by the Reserve Bank of India for their Prepaid payments Instruments.

The company is also the first PPI issuer to have achieved full interoperability.

RBI guidelines mandate PPI Issuers to facilitate interoperability for full-KYC wallets by March 31, 2022.

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L&T launches SuFin, a B2B E-Commerce platform for MSMEs

Larsen & Toubro (L&T) has launched an e-commerce platform called L&T-SuFin. It is the country's first integrated e-commerce platform for business to business industrial products and services.

The transaction fee of the platform is around 1.5%.

The platform will have all types of construction and industrial products. 

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SC appoints ex-judge Sikri as chairperson of High Powered Committee on Char Dham project

The Supreme Court has appointed its former judge Justice AK Sikri as Chairperson of the court-appointed High Powered Committee to look after the environmental concerns and other issues related to the Char Dham highway project.

A bench of Justices DY Chandrachud & Surya Kant accepted the resignation of environmentalist Ravi Chopra who was heading the High Powered Committee.

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Shri Bhupender Yadav Presents Vishwakarma Rashtriya Puraskar , National Safety Awards And National Safety Awards Mines

Shri Bhupender Yadav, Union Minister of Labour and Employment, Environment, Forest and Climate Change presented Vishwakarma Rashtriya Puraskar (VRP), National Safety Awards (NSA) for the performance year 2018 and National Safety Awards (Mines) [NSA (Mines)] for the contest years 2017, 2018, 2019 and 2020.

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Morgan Stanley cuts India GDP growth forecast to 7.9% for FY23

As higher oil prices torpedo economic recovery worldwide, Morgan Stanley has cut India's GDP forecast for the fiscal year beginning April 1 by 50 basis points to 7.9%, raised retail inflation projection to 6 % and expects current account deficit to widen to 3% of GDP.

The report saw upside risks of 0.5 % of GDP to the fiscal deficit target of 6.4% of GDP for FY23.

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Jubilant FoodWorks CEO Pratik Pota resigns

The board of directors of Jubilant FoodWorks in their meeting held on March 11, 2022, accepted the resignation of Pratik Rashmikant Pota as the CEO and whole-time director of the company as he wishes to pursue opportunities outside Jubilant FoodWorks, the company said in a statement. Pota will continue in his current role till June 15.

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