In the global travel and tourism index, India ranks in 54th place. However, in 2019, India stood in 46th place. But this is not it. India still continues to top in South Asia travel list. India is slowly recovering from the damages caused by the pandemic. As per the World Economic Forum (WEF) study, India’s travel and tourism sector has shown ‘signs of recovery.’
Redcliffe Labs, a unit of Redcliffe Lifetech in the U.S., has come up with its first commercial drone flight in the country’s healthcare sector. The company has recently opened its commercial drone corridor between Uttarkashi and Dehradun.
The project was a part of Redcliffe and Skye Air tie-up and in the past three months they have done 40 successful trials in North India.
Bharti Airtel has announced the reappointment of Gopal Vittal as its Managing Director & CEO for another five years till January 31, 2028.
Bharti Airtel posted consolidated net profit at Rs 2,007.8 crore in the March quarter, up 141 per cent sequentially and 164 per cent on year.
The Pune-headquartered Bank of Maharashtra has emerged as the top performer among public sector lenders in terms of loan and deposit growth in percentage terms during 2021-22.
It recorded a 26 per cent increase in gross advances at Rs 1,35,240 crore at the end of March 2022.
It was followed by State Bank of India and Union Bank of India with 10.27 per cent & 9.66 per cent.
In an effort to cut down on environmental pollution & uphold Tripura as an eco-friendly tourist destination, the state government has decided to adopt the Tripura Electric Vehicle Policy 2022, to promote electric vehicles.
The electric vehicles policy is already existing in 14 states of the country. If implemented, Tripura would become the15th state & 3rd in the North East.
Northeast states adopted EV policy:- Meghalaya, Assam.
State-owned and telecom infrastructure provider RailTel Corporation of India Ltd has entered into a Memorandum of Understanding with geographic information system software and solutions provider Esri India to address the requirement of users in the government sector.
In a major push to India's green energy drive, Adani Green subsidiary Adani Hybrid Energy Jaisalmer One Limited has commissioned a 390 MW wind-solar hybrid power plant at Jaisalmer.
The plant will be India's first wind and solar hybrid power generation plant.
This project is a part of the first construction facility by international banks in Adani Green.
India has the potential to become a non-alcoholic beverage hub and the country's non-alcoholic beverage market is expected to touch a market size of Rs 1.47 lakh crore by 2030.
The size of the market was estimated at Rs 671 billion (Rs 67,100 crore) in 2019, which is projected to reach around Rs 1,472.33 billion (Rs 1,47,233 crore) in 2030.
ICRIER- Indian Council for Research on International Economic Relations; HQ:New Delhi.
Coal India Limited (CIL), India’s largest coal producer is planning to divest 25% stake in its unlisted arm Bharat Coking Coal Ltd (BCCL). The company said once it gets clearance from the government on this proposal, it will go for the subsequent listing of the subsidiary on stock exchanges.
National Council for Teacher Education has launched an online portal to simplify the process of recognition of teacher education programs of higher education institutions. The portal launched to streamline the process seeks to help right from the time of inviting application for courses till the stage of issue of recognition orders including the inspection of institutions.
The US surpassed China to become India's top trading partner in 2021-22, reflecting strengthening economic ties between the two countries.
In 2021-22, the bilateral trade between the US and India stood at $119.42 billion as against $80.51 billion in 2020-21.
In 2021-22, India had a trade surplus of $32.8 billion with the US.
The “world of work” is being buffeted by multiple crises, says the ninth edition of the International Labour Organisation (ILO) Monitor. The report says that after significant gains during the last quarter of 2021, the number of hours worked globally dropped in the first quarter of 2022, to 3.8% below the employment situation before the pandemic.
About 11.2 crore jobs might have been lost during this period.
Northern Arc Capital, a non-banking finance company (NBFC) focussed on under-served households and businesses, has entered into a strategic partnership with Indian Bank.
The partnership would enable the two financial institutions to collaborate, co-operate, co-lend loans, and widen their respective markets and customer base.
The Centre has appointed Pankaj Sharma, Joint Secretary in Department of Financial Services (DFS) as part-time member of the Pension Fund Regulatory & Development Authority (PFRDA).
In the PFRDA Board, Pankaj Sharma has come in the place of erstwhile DFS Additional Secretary Vandita Kaul.
PFRDA has a Chairman besides three whole-time members and three part-time members.
In 2021-22, Pension AUM grew at a rate of 27.43 per cent at ₹7.37 lakh crore
UCO Bank has signed a co-lending agreement with NBFC Paisalo Digital Limited for agriculture business to capitalize on the huge Rs 8 lakh crore market of small-ticket loans for the 365 million underbanked and under-serviced population.
The tie-up will give a boost to the agriculture advance of the bank.
Pope Francis has announced that he will create 21 new Cardinals, including two from India at a Consistory on, 27 August, 2022.
The two Cardinals from India are Archbishop Filipe Neri António Sebastião di Rosário Ferrão, Archbishop of Goa and Damão and -Archbishop Anthony Poola, Archbishop of Hyderabad.
The 15th edition of the Indian Premier League (IPL) came to an end on Sunday after Gujarat Titans (GT) registered a 7-wicket win over Rajasthan Royals (RR) in Ahmedabad to clinch their maiden title.
The winning team Gujarat Titans got ₹20 crore as they were the champions.
Union Minister for Youth Affairs and Sports Shri Anurag Thakur inaugurated the Takshashila Sports Complex built by the Pune Municipal Corporation (PMC) at Viman Nagar.
The Minister recalled Prime Minister Narendra Modi’s words, "Kheloge toh khiloge! and said “sports teaches perseverance, instils self confidence and develops leadership qualities.
Under the TOPS, GOI takes full responsibility for foreign training of elite athletes.
The fourth edition of the Shirui Lily Festival began at Shirui village in Manipur's Ukhrul district.
Besides Shirui village, the cultural extravaganza will also be held at Bakshi Ground in Dungrei where musical bands from across the country will participate in a singing competition titled 'Shirock'.
World Vape Day is observed on 30th May across the globe to create awareness about the alternatives to harmful tobacco products and highlights the relative safety of e-cigarettes and their potential as harm reduction and smoking cessation tools. World Vape Day (May 30) is observed on the day before World No Tobacco Day(May 31), observed by the World Health Organisation(WHO).
