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Badminton: Team India creates history, wins Thomas Cup by beating 14-time champions Indonesia

The Indian men's badminton team created history with Lakshya Sen, Kidambi Srikanth and the doubles pair of Satwiksairaj Rankireddy and Chirag Shetty defeating Indonesia 3-0 to win their first-ever Thomas Cup gold.

In the 73-year history of the tournament, only 5 nations have won the prestigious tournament and India are one among them.

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Prime Minister Sh. Modi participated in the "Shilanyas" ceremony for the construction of a unique centre for Buddhist Culture

The construction of the unique ‘India International Centre for Buddhist Culture & Heritage’ with a universal appeal will be undertaken by the International Buddhist Confederation, India under the auspices of the Lumbini Development Trust with the financial support of the Ministry of Culture(MoC), GoI.

International Buddhist Confederation, is a grantee body under the MoC.

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The Buddhist Centre will be the first ‘Net Zero Emission’ building in Nepal .

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Larsen & Toubro re-appoints S N Subrahmanyan as MD & CEO

Larsen & Toubro announced the re-appointment of S. N. Subrahmanyan as Managing Director and Chief Executive Officer of the company, with effect from July 1, 2022.

He led L& T’s foray into the realm of executing developmental projects starting with the extremely successful HITEC City project in Hyderabad and the Bangalore International Airport.

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Gram Unnati appoints India’s former Chief Election Commissioner Sunil Arora as Chairman

India's 1st full-stack agricultural value chain services announced the appointment of Sunil Arora, former Chief Election Commissioner (CEC) of India, as its board’s new Chairman (Non-Executive).

He has served as Secretary to two key ministries-The Ministry of Information & Broadcasting and the then newly set up Ministry of Skill Development and Entrepreneurship.

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Aneesh Jain, CEO and Founder, Gram Unnati

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BSE Ebix Appoints Sachin Seth as CEO & Managing Director

BSE Ebix Insurance Broking Private Limited (BSE Ebix), a joint venture of BSE and Ebix Singapore Pte Ltd., announced today that Sachin Seth has been appointed as CEO and MD of BSE Ebix.

EbixCash, a subsidiary of Ebix, Inc. is in the process of seeking IRDA approval to transfer its share ownership in BSE EBIX from its parent Ebix Singapore Pte Ltd. to EbixCash Limited.

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UPI hits record high in April with 5.58 bn transactions worth Rs 9.83 trn

India’s flagship digital payments platform — Unified Payments Interface (UPI) — saw its highest ever number of transactions in April 2022 at 5.58 billon, amounting to Rs 9.83 trillion.

However, year-on-year (YoY), the volume of transactions jumped 111 per cent and value of transactions increased by almost 100 per cent.

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Chhattisgarh becomes first state to restore old pension scheme

Chhattisgarh has become the first state in the country to restore the old pension scheme in order to provide assured income to retired employees.

The state government has sent a proposal to the Pension Fund Regulatory and Development Authority (PFRDA) for the withdrawal of Rs 17,000 crore accrued under the National Pension Scheme since November 2004.

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Indian Army to set up residential coaching centre in Manipur

The Indian Army is all set to start providing residential coaching to students belonging to economically weaker and underprivileged sections of the North-East region to make them prepared for the all-India competitive examinations, including engineering and medical entrance.

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Lionel Messi Tops Forbes' Highest-Paid Athletes List 2022

Lionel Messi is the world's highest-paid athlete, the Paris Saint-Germain superstar has earned $130 million between his on-field contracts and endorsement deals over the past 12 months. LeBron James of the Los Angeles Lakers ($121.2 million) and Cristiano Ronaldo of Manchester United ($115 million) are the only other athletes who made at least $100 m in the previous year.

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5000-year-old jewellery factory found in Haryana’s Indus Valley site Rakhi Garhi

The Archaeological Survey of India (ASI), which has been working in Rakhi Garhi in Haryana for the last 32 years, made one of its biggest discoveries yet with the excavation of a 5000 year old jewellery making factory.

Rakhi Garhi is a village and one of the oldest archaeological sites belonging to the Indus Valley Civilisation in Hisar district of Haryana.

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Ferdinand Marcos Jr triumphs in Philippines presidential election

Ferdinand “Bongbong” Marcos Jr, the son and namesake of the late dictator, has won a landslide presidential election victory, signalling an extraordinary rehabilitation for one of the country’s most notorious political families.

Marcos Jr had almost 30 million votes.

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Philippines Capital City: Manila;
Currency: Philippine peso.

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SpiceJet, Axis Bank launch co-branded credit card

SpiceJet has partnered with Axis Bank for launching co-branded credit card. The card is powered by Visa. It comes in two variants — SpiceJet Axis Bank Voyage and Voyage Black.

The card is aimed at facilitating a superlative travel experience for flyers through SpiceClub, the first frequent flyer program by a low cost carrier in the country.

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National Dengue Day 2022: May 16

Dengue fever, often known as breakbone fever, is an infection spread by mosquitoes that can cause severe flu-like diseases.

In India, May 16 marks the National Dengue Day which is an initiative by the Union Ministry of Health and Family Welfare to spread awareness about the vector-borne disease and its preventive methods.

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This year theme:- ‘Dengue is preventable; let us join hands’.

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SBI net profit rises 41% in Q4 to Rs 9,113.5 crore, misses estimate

State Bank of India has reported a 41 percent year-on-year rise in net profit at Rs 9,113.5 crore for the quarter ended March 2022 (Q4FY22), which was below Street's estimate of Rs 9,927.6 crore.

The net profit growth was on the back of a 15.3 percent growth in net interest income which stood at Rs 31,198 crore.

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