Border Road Organisation (BRO) conducted final “break through blast” to mark the successful completion of excavation work of the Nechiphu Tunnel, in Arunachal Pradesh. The Nechiphu Tunnel, at an altitude of 5,700 feet, is a unique 500-meter-long “D-shaped, Single Tube Double Lane Tunnel” on the Balipara-Charduar-Tawang (BCT) Road in West Kameng District.
Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman participated in the 13th Annual Day commemoration of the Competition Commission of India as Chief Guest in New Delhi and inaugurated the regional office at Kolkata and launched an upgraded website of CCI. she also released CCI’s Competition Advocacy Booklets translated into Kannada and Malayalam.
Shri Subhash Ola, an innovator from Rajasthan who has developed the technology of saving energy in boilers by recycling steam, has won the 1st prize for the Amazon Smbhav Entrepreneurship Challenge 2022 and his enterprise “Geniusenergy Critical Innovation Private Limited” has won the Start-up of the Year award.
Shri Piyush Goyal will lead the team India at the World Economic Forum (WEF) in Davos from 23-25 May 2022. The World Economic Forum's Annual Meeting takes place in Davos-Klosters, Switzerland from 22-26 May 2022.
It addresses the theme of History at a Turning Point: Government Policies and Business Strategies.
It is the 1st global in-person leadership event since the outbreak of COVID-19 pandemic
CSIR-National Physical Laboratory, New Delhi in association with Metrology Society of India (MSI) organized the World Metrology Day on 20th May 2022 to commemorate the anniversary of the signing of the Metre Convention on 20th May 1875.
The theme for World Metrology Day 2022 was “Metrology in the Digital Era”
The State of Inequality in India Report was released by Dr Bibek Debroy, Chairman, Economic Advisory Council to the Prime Minister (EAC-PM). The report has been written by the Institute for Competitiveness and presents a holistic analysis of the depth and nature of inequality in India.
the report consists of two parts – Economic Facets and Socio-Economic Manifestations.
Capital markets regulator Sebi imposed a penalty of Rs 1 crore on India Infoline Ltd (IIFL) for misutilisation of client securities. The amount has to be paid by IIFL within 45 days. The order came after Sebi conducted multiple inspections of the books of accounts of IIFL, now known as IIFL Securities, for the period April 2011 to January 2017.
The Reserve Bank of India’s (RBI) Board approved a sharply lower surplus transfer of ₹30,307 crores to the government for the accounting year 2021-22, the lowest in 10 years. This is in sharp contrast to the surplus transfer of ₹99,122 crore for nine months ended March 31, 2021 (July 2020-March 2021).
In FY21, the RBI had transitioned to the April-March accounting year from July-June earli
IDBI Bank has entered into a share purchase agreement with Ageas Insurance International, wherein the bank is looking to sell its remaining stake of 25 percent in private sector life insurer Ageas Federal Life Insurance for Rs 580 crore, making Ageas one of the few foreign insurers to raise its stake in its Indian insurance joint venture to 74 percent.
As of March 31, LIC-controlled IDBI Bank holds 25% stake in the AFLI.
Anjali Pandey, Engines and Components Business Unit Leader at Cummins India has been awarded with the Committed Leader Award at CII EXCON 2022 in Bengaluru for her efforts to create a more diverse, equitable, and inclusive workplace.
Indian Institute of Technology (IIT) Guwahati has inaugurated ‘North East Research Conclave 2022’ on May 20, 2022 in the presence of eminent dignitaries. It is being held between 20th and 22nd May 2022 jointly with the Science, Technology, and Climate Change Department and the Department of Education, Government of Assam at the IIT Guwahati campus.
Shri Dharmendra Pradhan, Union Education Minister, has inaugurated the event
The Saudi Tourism Authority and EaseMyTrip have signed a Memorandum of Understanding (MoU) to boost inbound tourism to Saudi Arabia by leveraging the company’s travel network. Through this MoU, EaseMyTrip and Saudi Arabia Tourism will explore opportunities to jointly collaborate on key initiatives and undertake various activities.
Indian GM Praggnanandhaa posted his second win over world champion Magnus Carlsen in 3 months when he stunned the Norwegian at the Chessable Masters online rapid chess tournament.
16-year-old Praggnanandha beat Magnus Carlsen for the first time in February at Airthings Masters, an online rapid chess tournament.