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President Sh. Ram Nath Kovind presents President's Colour to INS Valsura for its yeoman service to nation

President Ram Nath Kovind presented the President’s colour to INS Valsura, the Navy’s premier technological training establishment.

The President’s Colour is bestowed on a military unit in recognition of the exceptional service rendered to the nation, both in peace and in war.

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Maiden edition of Indian Ocean Naval Symposium (IONS) Maritime Exercise held

The premier forum Indian Ocean Naval Symposium held its maiden Maritime Exercise 2022 (IMEX-22) at Goa & in Arabian Sea from 26 – 30 Mar 22 which witnessed participation of 16 out of the 25 member nations of IONS which included Iran.

The participation included warships, Maritime Reconnaissance aircraft & helicopters from the Navies of Bangladesh, France, India & Iran.

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Manipur government inks Mou with Samsung to start Sports Digital Experience Centre

Manipur government has signed a Memorandum of Understanding (MoU) with Samsung Data System India Pvt. Ltd. and Abhitech IT Solutions Pvt. Ltd. for setting up a world class "Sports Digital Experience Centre" as a part of Manipur Olympian Park and at Khuman Lampak Sports Complex at the CM Secretariat

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Cabinet Clears Rs 6,062 Crore World Bank-Assisted Programme For MSMEs

The Cabinet Committee on Economic Affairs, chaired by PM Modi, approved the Rs 6,062.45 crore or $808 million 'Raising and Accelerating MSM Performance' for the micro, small & medium enterprises.

Of the total outlay under the programme, Rs 3,750 crore ($500 million) will come from World Bank loan, and the remaining Rs 2,312.45 crore will be funded by the central government.

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Max Life Insurance partners PhonePe to offer financial protection to consumers

Max Life Insurance Co. Ltd has announced the launch of Max Life Smart Secure Plus Plan, a non-linked non-participating individual pure risk premium life insurance plan on the PhonePe app to enhance financial protection for digitally-savvy customers.

Customers have the flexibility to choose a sum assured up to ₹10 crore.

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DMRC inaugurates first interchange station at Punjabi Bagh

Dr. Mangu Singh, MD/DMRC, inaugurated a new interchange station at Punjabi Bagh which will provide interconnectivity between the green and pink lines of the Delhi Metro.

Delhi Metro Rail Corporation (DMRC) has built such a station that connects two operational corridors for the first time.

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Virat Kohli tops celebrity brand rankings for fifth straight year

Virat Kohli has emerged as the most valued celebrity in India for the fifth year in a row, topping the Duff & Phelps Celebrity Brand Valuation Report 2021 despite seeing a dip in his brand value to $185.7 million last year from a high of $237.7 million in 2020.

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Himanta Biswa Sarma Re-elected As President Of Badminton Association Of India

Incumbent Himanta Biswa Sarma was re-elected unopposed as the president of Badminton Association of India (BAI) for a second term of four years -- 2022 to 2026 -- during its General Body Meeting in Guwahati.

Sarma, who is also the current Chief Minister of Assam, was elected as BAI chief for the first time in 2017.

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India, Australia to collaborate in lithium and cobalt identification projects

India and Australia have agreed to jointly undertake due diligence of greenfield and brownfield Lithium and Cobalt mineral assets that holds critical and strategic interest for both countries.

Both India and Australia have committed an initial investment of $ 6 Million for the joint due diligence process in the 50:50 ratio of participating interest.

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Central Bank of India partners Kwik.ID to ​digitize customer onboarding

Central Bank of India has selected Kwik.ID to implement digital KYC, video KYC and eKYC for its network across India with an aim to bring better onboarding and digitisation practices.

This partnership will support the bank in driving its digital transformation agenda and supporting digital finance initiatives championed by the Government of India.

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HDFC ERGO launches VAULT, an Industry-first Digitally-enabled Rewards Program

HDFC ERGO General Insurance Company, a leading private general insurer and a digital-first company leads the way in customer loyalty with the launch of the VAULT program, an industry-first digital customer engagement and rewards program.

The Company has taken advantage of the Regulatory Sandbox by IRDAI, in the form of VAULT, an experiment to test a new idea.

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ICRA lowers FY23 GDP forecast to 7.2%

Ratings agency Icra sharply lowered India’s economic growth forecast for the financial year 2022-23 to 7.2% from 8% estimated earlier as rising fuel and commodity prices due to the Russia-Ukraine conflict are expected to impact domestic demand.

It has also taken into account the downside risks arising from fresh lockdown in parts of China led by a surge in covid-19 cases.

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Army chief presents President’s Colours to two battalions of Dogra regiment

Army Chief Gen MM Naravane has presented the ‘President’s Colours’ to two battalions of the Dogra Regiment at a ceremony in Faizabad in Uttar Pradesh. The battalions that received the prestigious ‘President’s Colours’ are 20 DOGRA and 21 DOGRA.

The Colour Presentation Parade was also witnessed by former Army Chief Gen NC Vij (retd).

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Maharashtra launches scheme to offer personal loans for prisoners

Maharashtra government has launched a scheme to provide personal loans for prisoners with the aim to improve the living standard of the families of the inmates.

The Maharashtra State Co-operative Bank will give loans under the scheme up to Rs 50,000 at an interest rate of 7 per cent.

The scheme will be implemented on a pilot basis at Yerawada Central Jail, Pune.

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Indian team clinches SAFF U-18 Women's Championship title

India lost 0-1 to Bangladesh but still emerged champion of the SAFF U-18 Women's Championships on account of a better goal difference. India enjoyed a better goal difference of +11 in comparison to +3 of Bangladesh.

The valuable player of the tournament and the highest goal scorer of the tournament was Lynda Kom, who scored five goals in the tournament.

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NATO extends chief Stoltenberg's term for a year due to Russia's war

NATO Secretary-General Jens Stoltenberg will remain in his role for an extra year to help steer the 30-nation military organization through the security crisis sparked by Russia's war on Ukraine.

The former Norwegian prime minister was named to NATO's top civilian post in October 2014. It's the second time that his term of office has been extended.

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