Daily News

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Sheikh Mohamed bin Zayed Al Nahyan appointed President of UAE

The Supreme Council of the Union elected Sheikh Mohamed bin Zayed Al Nahyan, Ruler of Abu Dhabi, as President of the UAE.

The Council held a meeting at the Mushrif Palace in Abu Dhabi, headed by Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

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Department of Telecommunication Launches “GatiShakti Sanchar” Portal for Centralised Right of Way (RoW) approvals

In line with the PM GatiShakti National Master Plan, Shri Ashwini Vaishnaw, Union Minister for Communications, Electronics & IT and Railways, has launched the “GatiShakti Sanchar” portal for Centralised Right of Way (RoW) approvals (www.sugamsanchar.gov.in). This will provide a robust mechanism to achieve the goal of “Broadband for All”.

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National Broadband Mission (NBM) was set up by DoT on December 17, 2019.

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DEPLOYMENT OF INS GHARIAL TO SEYCHELLES – MISSION SAGAR IX

As part of on going deployment of Indian Naval Ship Gharial in South West Indian Ocean, under Mission SAGAR IX, the Ship called at Port Victoria, Seychelles from 11 to 14 May 22.

Following up on the proposal received from the Govt of Seychelles earlier, three ceremonial Saluting Guns, with ammunition, were delivered by the Ship to the Seychelles Defence Forces (SDF).

Did you Know

Mission SAGAR: launched in 2020 as COVID-19 relief mission for Indian Ocean countries.

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Union Environment Minister Bhupender Yadav Addresses BRICS High Level Meeting on Climate Change

Union Minister of Environment, Forest and Climate Change, Shri. Bhupender Yadav participated in the BRICS High Level Meeting held virtually on May 13, 2022. The BRICS High Level Meeting was chaired by H.E. Mr. Huang Runqiu, Minister of Ecology and Environment of the People's Republic of China and was attended by Environment Ministers of BRICS nations.

Did you Know

BRICS headquarters located n Shanghai, China.

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Andrew Symonds, former Australia all-rounder, dies aged 46

Andrew Symonds, the former Australia all-rounder, has passed away following a car crash near the outskirts of the city of Townsville. He was 46. Symonds, one of the greatest all-rounders to represent the country, played 26 Tests, 198 ODIs and 14 T20Is for Australia and was a two-time World Cup winner.

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Union Bank launches Trade-Nxt platform for cross border trade transaction

UBI has launched a digital solution, ‘Trade nxt’ to ease all cross-border export-import transactions for corporates and Micro, Small and Medium Enterprises (MSMEs).

The online platform provides seamless entry and processing of letters of credit (LC), bank guarantees, export and import bills, disbursement of export credit, outward & inward remittances etc.

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CMD of UBI: Rajkiran Rai G.

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Banks can continue providing credit to NBFCs for on-lending to priority sectors: RBI

RBI permitted banks, including small finance banks, to continue providing credit facility to NBFCs for the purpose of on-lending to certain priority sectors. The facility of lending by commercial banks to NBFCs and lending by Small Finance Banks (SFBs) to NBFC-MFIs, for the purpose of on-lending to certain priority sectors, was available till 31 March, 2022.

Did you Know

All scheduled commercial banks are mandated to set aside 40% of their ANDC as PSL.

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BRICS countries mull pandemic early warning system

The 12th meeting of BRICS health ministers has agreed that BRICS countries will launch an early warning system for large-scale pandemics. Hosted by China virtually, the meeting was joined by more than 70 attendees including health ministers from BRICS countries and the deputy director-general of the World Health Organization.

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China is scheduled to host the BRICS summit in Xiamen in June this year.

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Ministry of Steel hosts the Meeting of Hindi Salahkar Samiti at Gangtok

During Meeting, Shri Singh praised Sikkim for emerging as the first State in India which has achieved the highest per capita income and cent- percent organic farming. Pointing out that languages bind people, never break them away unless they are forcibly implemented, all of us should relentlessly work both for mother tongue and the Official Language Hindi.

Did you Know

Hindi is the 3rd most spoken language of the world in 2019 with 615 million speakers.

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Sanskrit and Hindi Scholar Dr. Rama Kant Shukla Passed Away

Prime Minister Narendra Modi has expressed deep grief over the demise of Sanskrit and Hindi Scholar Dr. Rama Kant Shukla.

He was a distinguished Sanskrit and Hindi scholar and Padma Shri holder. He has died in Aligarh, Uttar Pradesh.

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Manik Saha appointed Tripura chief minister after Biplab Deb resigns

With Biplab Kumar Deb resigning as the chief minister of Tripura, Rajya Sabha MP Dr. Manik Saha will replace him for the post.

Union Minister Bhupender Yadav and party general secretary Vinod Tawde were in Agartala as central observers.

Tripura State Governor Satyadeo Narain Arya.

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20% of NPAs set for bad bank resolved

About 20% of the non-performing assets (NPAs) of banks that were to be transferred to National Asset Reconstruction Co. Ltd (NARCL) in two tranches has been resolved. Almost ₹40,000 crore of bad loans have been resolved since the announcement was first made, and by the time the NARCL starts operating more NPAs may get resolved.

Did you Know

Setting up of NARCL was announced in February 2021.

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Amit Shah inaugurates ‘National Cyber Forensic Laboratory’ at CFSL campus in Hyderabad

Amit Shah inaugurated the ‘National Cyber Forensic Laboratory’ (NCFL) at Central Forensic Science Laboratory (CFSL) campus in Hyderabad. The NCFL will speed up the process for disposal of cybercrime cases in the country. Cybercrime is one of the biggest challenges to the 21st century world. This will help in increasing the conviction rate of cyber crimes.

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UAE telecoms group e& buys 9.8% stake in Vodafone for $4.4 bln

Emirates Telecommunications Group Company PJSC, now known as e&, has acquired a 9.8% stake in Vodafone for $4.4 billion. The UAE firm recently separated its business into consumer services-focused e& life, e& enterprise, providing digital services to government and business, and telecoms arm Etisalat.

Did you Know

The purchase makes the UAE-based company the largest shareholder in Vodafone.

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Balkrishna Doshi becomes first Indian to win both Royal Gold Medal and Pritzker Prize

The celebrated architect, 94, has become one of the few to have been awarded two of the world’s most coveted architectural awards: the Royal Gold Medal and the Pritzker Architecture Prize, often hailed as the Nobel Prize of architecture, which he won in 2018.

He was given the Royal Gold Medal by the Royal Institute of British Architects.

Did you Know

Doshi is the only person from India to be bestowed with both accolades.