Russia has overtaken Saudi Arabia to become India's second-biggest supplier of oil behind Iraq as refiners snap up Russian crude available at a deep discount following the war in Ukraine.
Iraq remained the top supplier to India in May & Saudi Arabia is now the third biggest supplier.
After the U.S & China, India is the world’s third-largest consumer of oil.
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the proposal for the signing of an agreement between the Government of India and the United Nations on a ‘Way Finding Application’ to be used in the Palais des Nations, United Nations Office at Geneva (UNOG).
Union Minister Dr Jitendra Singh will release the second edition of the National e-Governance Service Delivery Assessment 2021 (NeSDA 2021).
The NeSDA 2021 report has been prepared covering the assessment of States, Union Territories with a focus on Central Ministries on their effectiveness in delivering online services to citizens.
As part of its ongoing support to the investors in the UP Defence Industrial Corridor, the UPEIDA has collaborated with three major nationalized banks of the country -- State Bank of India, Bank of Baroda and Punjab National Bank and Small Industries Development Bank of India (SIDBI), one of the 4 All India Financial Institutions regulated and supervised by RBI.
The Competition Commission of India (CCI) is organizing a National Conference on Competition Law in New Delhi as part of the Ministry of Corporate Affairs (MCA) Iconic Week celebrations under Azadi Ka Amrit Mahotsav.
Union Minister of State for Corporate Affairs Rao Inderjit Singh will deliver the inaugural address as the Chief Guest.
Defence Minister Rajnath Singh has announced that the Union Cabinet has approved a recruitment scheme for Indian youth to serve in the Armed Forces.
The scheme is called 'Agnipath' and the youth selected under this scheme will be known as 'Agniveers'.
About 46,000 of them will be recruited this year.
The Union Cabinet has approved a memorandum of association (MoA) by India for the establishment of BIMSTEC Technology Transfer Centre in Colombo.
The MoA was signed by the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation member countries at the 5th BIMSTEC Summit held in Colombo, Sri Lanka.
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved the proposal for development of Phase I of New Greenfield Airport at Dholera, Gujarat at an estimated cost of Rs 1,305 crore, to be completed within 48 months.
The airport is planned for operationalisation from the year 2025-26.
The first service of the theme-based Bharat Gaurav Train from Coimbatore North to Sainagar Shirdi started its journey.
With this, Southern Railway becomes the first zone in Indian Railways to get the first Registered service provider under the ‘Bharat Gaurav” Scheme and commence the operations of the maiden service from Coimbatore North to Sainagar Shirdi.
The all-India female labour force participation rate (LFPR) in usual status has increased 2.3% in 2021 to 25.1% as compared to 22.8% a year ago, shows the Periodic Labour Force Survey (PLFS) annual report for July 2020-June 2021. The Worker population ratio (WPR) in usual status for persons of all ages in India is 39.8%.
the unemployment Rate (UR) in usual status for persons of all ages in India is 4.2%.
The United Nations has appointed Rabab Fatima of Bangladesh as high representative for the Least Developed Countries, Landlocked Developing Countries & Small Island Developing States (UN-OHRLLS).
She succeeds Courtenay Rattray of Jamaica who was appointed as the Chef de Cabinet.
She is the current ambassador and permanent representative of Bangladesh to the UN in New York.
The Thoothukudi (Tamil Nadu)-based Tamilnad Mercantile Bank Ltd, has received market regulator SEBI’s approval to raise funds through an initial public offering (IPO).
The proposed IPO comprises a fresh issue of 1.582 crore shares and an offer for sale of 12,505 equity shares.
The offer will constitute 10 per cent of the post-offer paid-up equity share capital.
Sovereign wealth fund Abu Dhabi Investment Authority (ADIA) will buy a 20% stake in IIFL Home Finance for ₹2,200 crore, valuing the mortgage lender at Rs 11,000 crore.
This will be the largest equity investment in India's affordable housing finance segment by a financial investor.
The Karnataka government has established the ‘The Farmer Registration & Unified Beneficiary Information System’ or FRUITS software for Aadhar-based, single-window registration for the programmes. For authenticating ownership, the FRUITS software would allow for single registration utilising an Aadhar card and Karnataka’s Bhoomi computerised land registry system.
Red Bull's Max Verstappen won the Azerbaijan Formula One Grand Prix to extend his Formula One championship lead over Ferrari's Charles Leclerc.
Verstappen and Perez are one and two in the drivers’ championship, followed by Charles Leclerc and Mercedes’ George Russell.
Mahindra & Mahindra Group chairman Anand Mahindra and TVS Motor Company Chairman Emeritus Venu Srinivasan has been nominated by the Indian government to join the Reserve Bank of India (RBI) board as part-time directors. Zydus Lifesciences' chairman Pankaj Patel and Ravindra Dholakia, a former professor of the Indian Institute of Ahmedabad were also appointed.
Tokyo Olympics champion Neeraj Chopra broke his own national record to win the men’s javelin throw silver medal at the Paavo Nurmi Games 2022 in Turku, Finland.
Neeraj Chopra registered a best throw of 89.30m.
Finland’s Oliver Helander won gold with a personal best throw of 89.83m.
2022 season’s world leader Anderson Peters of Grenada claimed the bronze with 86.60m.