Daily News

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'Not Just A Nightwatchman: My Innings with BCCI', book by Former CAG Vinod Rai

In his recently published book 'Not Just A Nightwatchman: My Innings with BCCI', published by 'Rupa', Rai touched upon various issues that he dealt with during his 33-month tenure.

He has authored Not Just an Accountant: The Diary of the Nation's Conscience Keeper and Rethinking Good Governance: Holding to Account India’s Public Institutions.

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Vinod Rai- first Chairman of Banks Board Bureau

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RBI imposes Rs 5,000 withdrawal cap on Shushruti Souharda Sahakara Bank

The Reserve Bank of India (RBI) imposed restrictions on Shushruti Souharda Sahakara Bank Niyamita, Bangalore.

Restrictions include granting or renewing any loans and advances or take deposits without approval from the RBI.

The restrictions will remain in force for six months.

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HAL, Israel Aerospace Industries sign MoU for multi-mission tanker transport aircraft

Hindustan Aeronautics Limited (HAL) entered into a memorandum of understanding (MoU) with Israel Aerospace Industries (IAI) to convert civil (passenger) aircraft to multi-mission tanker transport (MMTT) aircraft in India.

HAL will convert pre-owned civil aircraft into air-refuelling aircraft with cargo and transport capabilities under this pact.

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IFSCA inks MoU with GVFL Limited for strengthening the FinTech ecosystem in GIFT IFSC

The International Financial Services Centres Authority (IFSCA) and GVFL Limited signed a Memorandum of Understanding (MoU) at IFSCA’s office at Gift City for co-operation and collaboration to support and facilitate FinTech ecosystem in GIFT IFSC.

GVFL Limited is pioneer of Venture Capital in India. Promoted by World Bank and Government of Gujarat in 1990.

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Thales and Central Manufacturing Technology Institute (CMTI) sign MoU for Advanced Collaborative Research

Thales has signed a Memorandum of Understanding (MoU) with Central Manufacturing Technology Institute (CMTI) of India for advanced collaborative research and development in the field of Open Hardware.

Through this MoU,Thales and CMTI can pilot demonstrations with real-life use cases in the field of control systems development for machines and associated manufacturing assets

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Thales Group is a French multinational company.

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13-year-old Riya Jadon wins 11th DGC Ladies Open Amateur Golf Championship

Thirteen-year-old Riya Jadon won the DGC Ladies Open Amateur Golf Championship here on Thursday, following a close fight with older sister Lavanya Jadon.

Riya, who carded 78, 80 and 74, also won the junior girls trophy. Over a hundred women golfers took part in this year's tournament, which resumed at the Delhi Golf Club after a two-year hiatus.

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Jo-Wilfried Tsonga announces retirement, will play final tournament at Roland Garros

Jo-Wilfried Tsonga announced that he will play his final tournament this spring at Roland Garros, concluding a career that took him up to No. 5 on the ATP rankings, the 2008 Australian Open final, and 22 titles in total.

The Frenchman is a two-time ATP Masters 1000 champion (2008 Paris, 2014 Canada).

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April 6-8, The first bi-monthly monetary policy of 2022-23, RBI keeps rates unchanged

The Monetary Policy Committee raised the inflation forecast for the fiscal year to 5.7% percent, from 5.5 percent citing rising commodity prices. Economic growth forecast has been cut to 7.2 percent, from 7.8 percent as supply disruptions lessen output and high prices destroy demand.

The FY23 GDP projection has assumed crude oil prices at $100 per barrel.

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UGC to establish Bhima Bhoi chairs at Delhi University and Guru Ghasidas University in Chhattisgarh

The University Grants Commission will establish Bhima Bhoi chairs at the University of Delhi and Guru Ghasidas University in Bilaspur in Chhattisgarh.

The decision follows Union Education Minister Dharmendra Pradhan's suggestion to UGC to conduct extensive research on the life and philosophy of the saint-poet Bhima Bhoi of Odisha.

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India's first case of XE variant of coronavirus disease reported from Mumbai

India's first case of the XE variant of the coronavirus disease (Covid-19) was reported in Mumbai.

Results of the 11th genome sequencing declared by the city civic body Brihanmumbai Municipal Corporation (BMC,) found one sample positive for XE variant and another for Kappa variant.

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Serbian president Aleksandar Vučić wins new term by landslide

Serbia’s populist pro-Kremlin president, Aleksandar Vučić, won a landslide victory in general election, but will need to form a coalition government as he strives to balance ambitions to join the EU with the country’s traditional ties to Russia.

Vučić, a former minister for information in Slobodan Milošević’s Yugoslav government, won 58.5% of the vote.

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Serbia's Capital: Belgrade; Currency: Serbian dinar.

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India's trade deficit rises 88% in FY22: Govt data

India's trade deficit rose 87.5 per cent to $192.41 billion in 2021-22 as against $102.63 billion in the previous year.

While total exports during last fiscal year increased to a record high of $417.81 billion, imports too soared to $610.22 billion, leaving a trade gap of $192.41 billion.

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Union Bank launches super-app UnionNXT, digital project SMBHAV

Union Bank of India launched its super-app named UnionNXT and digital transformation project SMBHAV with an investment outlay of around Rs 1,000 crore for the current financial year 2022-23 (FY23).

The public sector lender expects recovery from the spending in two years and aims to have 50 per cent business originating on the digital platform by 2025.

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World Bank, AIIB to give Rs 7,500 cr loan for Gujarat govt's Mission School of Excellence project

The World Bank and Asian Infrastructure Investment Bank (AIIB) will provide a loan of Rs 7,500 cr for the Gujarat government's Mission School of Excellence project that aims to improve the quality of education in the state.

Under the Mission School of Excellence project, the state government will spend Rs 10,000 cr in the next five years.

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Amazon signs record-breaking launch deals for Project Kuiper internet mega constellation

Amazon has booked rides to space for the majority of its internet-satellite mega constellation.

The company announced that it has signed contracts for up to 83 launches, which will loft the bulk of Amazon's 3,236 "Project Kuiper" internet satellites. The package of deals is "the largest commercial procurement of launch vehicles in history".

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