World Championships bronze medallist Lakshya Sen's giant-killing run ended with a straight-game loss to Thailand's rising star Kunlavut Vitidsarn in the summit clash of German Open Super 300 badminton tournament in Muelheim An Der Ruhr.
World number 12 Sen came into the match with a 3-3 head-to-head record against Vitidsarn.
World Happiness Report 2022, 10th edition of the report, identified Finland as the happiest country of the world, for the fifth times in a row. Published since 2012, the World Happiness Report is based on two key ideas – happiness or life evaluation measured through opinion surveys and identifying key elements that determine well-being and life evaluation across countries.
World Happiness Report is published by UN Sustainable Development Solutions Network.
The Reserve Bank of India has approved the extension of the term of Rajeev Ahuja, interim managing director and CEO of RBL Bank for three months with effect from March 25, 2022, or till the appointment of a regular MD & CEO. Earlier the Reserve Bank of India (RBI) has given for the appointment of Rajeev Ahuja as interim MD and CEO for three months on December 30, 2021.
RBL Bank, formerly known as Ratnakar Bank, is a private bank headquartered in Mumbai.
Union Minister Giriraj Singh released the Disaster Management Plan of Ministry of Panchayati Raj on 17th March 2022, through video conferencing. aim to develop disaster resilience at the grassroots level among the Panchayats and establish a framework to align the disaster management measures in rural areas to that of the National Disaster Management Authority’.
Disaster Management is the creation of the plans to reduce vulnerability to hazards.
International Financial Services Centres Authority, in its endeavour to support a World Class FinTech Hub at GIFT IFSC, had launched I-Sprint’21, the global FinTech Hackathon as part of InFinity Forum 2021. “Sprint03:InsureTech” under the banner of I-Sprint’21 was launched with a focus on Insurance Sector and was hosted by IFSCA and GIFT city in collaboration with FICCI.
InFinity Forum is an IFSCA's flagship financial technology event.
India announced a USD 1 billion line of credit to Sri Lanka as part of its financial assistance to help the island nation deal with its economic crisis. Visiting Sri Lankan Finance Minister Basil Rajapaksa witnessed the signing of the agreement for the USD 1 billion line of credit being extended through the State Bank of India (SBI).
Line of Credit is not a grant but a 'soft loan' provided on concessional interest rates.
The I-T department has made the highest collection in its history, CBDT Chairman J B Mohaptra said when the direct tax mop up jumped over 48% in the current fiscal backed by a 41% surge in advance tax payments. The net collection numbers as on Mar 17 is Rs 13.63 lakh cr which is against Rs 11.18 lakh cr of 2018-19, Rs 10.28 lakh cr of 2019-20 and Rs 9.24 lakh cr of 2020-21.
FY 2021-22 estimates: the proportion of direct tax to the gross tax revenue would be 49%.
Researchers in China have developed a microwave machine "Relativistic Klystron Amplifier (RKA)", that could jam or destroy satellites in space. The device can generate a wave burst measuring 5-megawatts in the Ka-band, a portion of the electromagnetic spectrum increasingly used for both civil and military purposes.
Directed Energy Weapons (DEW) use concentrated electromagnetic energy rather than KE.
Intercorporate transactions continue with Hinduja Leyland Finance merging with NxtDigital – both of them are Hinduja Group companies.
Hinduja Leyland Finance is an non-banking financial company. It caters to the vehicle financing. Ashok Leyland is the promoter of the Hinduja Group, so Ashok Leyland has about 69 percent stake in it, the AUM is close to about Rs 29,000 crore.
Global Recycling Day is held annually on 18 March to help recognise, and celebrate, the importance recycling plays in securing the future of our planet.
The day strives to urge world leaders that recycling must be a global issue and encourage people to think resourcefully and not waste when it comes to the goods around us.
Global Recycling Day was created in 2018 by the Global Recycling Foundation.
In a significant development aimed at bolstering the maritime security of the nation, the Indian Coast Guard has commissioned ICGS ‘Saksham’, the fifth Coast Guard Ship in the series of 105 M-Class offshore patrol vessels.
Indian Coast Guard Ship (ICGS) Saksham is the 5th and last Offshore Patrol Vessel designed and developed by Goa Shipyard Limited (GSL) for Coast Guard.
ICGS Saksham was launched in December 2020 as a part of the indigenous project.
The people of Bengal has celebrated the festival of colours, predominantly known as Dol Utsav in the state through cultural programs, marking the onset of spring season. People throw “gulaal” or powder colour on each other and sing and dance to mark the festival. On this day people celebrate the victory of good over evil.
In Eastern India, the festival of spring is celebrated as Dol Jatra, Dol Purnima etc