Daily News

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Paritosh Tripathi appointed MD & CEO of SBI General Insurance

SBI General Insurance Company has announced the appointment of Paritosh Tripathi as its new Managing Director & Chief Executive Officer. He succeeds P.C. Kandpal, who has been posted as DMD (P&RE) at the Corporate Center, SBI.

SBI General Insurance was founded in 2009. It started operations in 2010, as a joint venture between SBI & Insurance Australia Group (IAG).

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Boris Johnson quits as UK Prime Minister

Scandal-ridden Boris Johnson announced he would quit as British prime minister after he was abandoned by ministers and most of his Conservative lawmakers.

Bowing to the inevitable as more than 50 ministers quit and lawmakers said he must go, an isolated and powerless Johnson spoke outside his Downing Street to confirm he would resign.

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Former NITI Aayog CEO Amitabh Kant Appointed Sherpa For G20 Summit

Former NITI Aayog CEO Amitabh Kant has been appointed as the Sherpa for G-20 Summit. Kant will take over from Union Minister Piyush Goyal.

India has been a member of the G20 since its inception in 1999. The country will be hosting the G20 Summit from December 1, 2022, and will convene the G20 Leaders’ Summit in 2023 for the first time.

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Goyal was appointed as India’s Sherpa for the G20 in September last year.

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India Elected To UNESCO’s Intergovernmental Committee On ICH For 4 Years : Union Minister G Kishan Reddy

India has been elected as a member of the Intergovernmental Committee of UNESCO’s 2003 Convention for the Safeguarding of the Intangible Cultural Heritage for the 2022-2026 cycle.

The elections for the Intergovernmental Committee took place during the 9th General Assembly of the 2003 Convention held at UNESCO headquarters, Paris, from 5th to 7th July 2022.

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Union Minister for Culture, Tourism and DoNER G Kishan Reddy.

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Prime Minister inaugurates Akhil Bhartiya Shiksha Samagam to implement NEP 2020

Prime Minister Narendra Modi inaugurated Akhil Bhartiya Shiksha Samagam in Uttar Pradesh’s Varanasi.

The summit is being held for the successful implementation of the National Education Policy (NEP) 2020 across the country.

The Ministry of Education has organised Shiksha Samagam from July 7-9, 2022.

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Environment, Forest and Climate Change Ministry organizes Hariyali Mahotsav

Ministry of Environment, Forest & Climate Change organized “Hariyali Mahotsav” on 8th July, 2022 at Talkatora Stadium, New Delhi in the spirit of “Azadi Ka Amrit Mahotsav”.

Hariyali Mahotsav, the “Tree Festival” was organized to create awareness about importance of trees in sustaining not only the life of the present generations but also to future generations.

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India names 215-member contingent for upcoming 2022 Birmingham Commonwealth Games

IOA acting president Anil Khanna called it a 'gender-neutral contingent' with 108 men and 107 women taking part.

Discipline-wise, the biggest contingent is athletics and hockey (36 entries each).

The IOA has chosen Rajesh Bhandari for chef de mission role. Bhandari is the current Secretary of the Himachal Pradesh Olympic Association.

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Rakesh Jhunjhunwala Backed Akasa Air Gets DGCA Clearance For Operations

With Rakesh Jhunjhunwala-promoted Akasa Air receiving the air operator certificate (AOC) from the Directorate General of Civil Aviation (DGCA), the country will see its eighth domestic airline taking wings by the end of the month.

The airline will initially start commercial operations with two aircraft and plans to have 18 aircraft by the end of FY23.

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The current head of the Directorate General of Civil Aviation (DGCA) is Arun Kumar.

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Amit Shah virtually unveils 'Statue of Peace' of Swamy Ramanujacharya in Srinagar

Union Home Minister Amit Shah virtually unveiled the ‘Statue of Peace’ of Swamy Ramanujacharya in Srinagar, located in a temple in the Sonwar region.

Saint Ramanujacharya, also known as Ramanuja, is considered to be a great thinker, philosopher and social reformer born in Tamil Nadu’s Sriperumbudur.

He is also known for blending Vedanta methodology with ‘bhakti’.

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Union Minister Hardeep Singh Puri launches SVANidhi Mahotsav

Housing and Urban Affairs Minister Hardeep Singh Puri launched ‘SVANidhi Mahotsav which is a cultural festival for celebrating the success of PM SVANidhi Scheme.

Ministry of Housing is organising ‘SVANidhi Mahotsav’ from 9th to 31st of this month. It is being held in 75 cities across 33 States and Union Territories.

PM SVANidhi scheme was launched on 1st of June 2020.

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PM SVANidhi: Prime Minister Street Vendors AtmaNirbhar Nidhi

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PNB signs MoU with Indian Air Force for ‘PNB Rakshak Plus Scheme’

PNB has signed an MoU with IAF to provide specially designed products to the defence personnel under the bank’s flagship scheme of ‘PNB Rakshak Plus’.

Scheme includes,inter alia, personal accidental insurance & air accidental insurance to serving, retired and trainees of the defence forces,central armed police forces, state police force, metro police & retired pensioners.

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SBI renews MoU with Indian Air Force for defence salary package

State Bank of India (SBI) has renewed the MoU with the Indian Air Force for the Defence Salary Package (DSP) scheme.

Under this scheme, it will offer various benefits and features to all serving and retired Air Force personnel and their families.

Insurance cover for permanent total disability / partial disability is also available.

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Defence Ministry approves HDFC, ICICI, and Axis to provide financial services in overseas procurement

In line with the further opening of allocation of Government business to Private Sector Banks by the Department of Financial Services, Ministry of Defence has assigned three Private Sector Banks HDFC Bank Ltd., ICICI Bank and Axis Bank to provide the Letter of Credit and Direct Bank Transfer business for overseas procurement by the Ministry.

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Finance Minister Nirmala Sitharaman chairs first meeting of apex authority of NICDIT, 18 States participate

Union Finance Minister Nirmala Sitharaman chaired the first meeting of the apex monitoring authority on the National Industrial Corridor Development and Implementation Trust (NICDIT).

NICDIT is an apex body, chaired by Finance Minister & under the administrative control of DPIIT for coordinated and unified development of five industrial corridors in India.

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Chief ministers and industry ministers of 18 states participated in this meeting.

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PM Modi inaugurates, lays foundation stones for projects worth Rs 1,774 crore in Varanasi

Prime Minister Narendra Modi inaugurated and laid foundation stones for projects worth Rs 1,774 crore in Varanasi. He unveiled the projects during a function at the Sampurnanand stadium in his Varanasi constituency.

The projects range from sectors like education to roads, railways and tourism among others.

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Number of undernourished people in India declines to 224.3 million; obesity among adults on the rise: U.N. report

Number of undernourished people in India has declined in the last 15 years to 224.3 million in 2019-2021, according to UN report 'State of Food Security and Nutrition in the World 2022'. It also said that there are more obese adults & anaemic women in India.

Number of people affected by hunger globally rose to as many as 828 mn in 2021, an increase of 46 mn since 2020.

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Govt approves Rs 2,415-cr project to connect Haryana with Jewar airport

The construction of greenfield connectivity to Jewar International Airport (connecting Delhi-Mumbai Expressway) from DND Faridabad-Ballabhag Bypass KMP link in Gautam Budh Nagar district under Bharatmala project in Uttar Pradesh and Haryana with a budget of Rs 2,414.67 crore has been approved.

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Rashtrapati Bhavan organises 2-day workshop on ‘Disaster Management of Museums and Heritage Buildings’

Rashtrapati Bhavan, in association with the National Institute of Disaster Management (NIDM),organised a workshop on “Disaster Management of Museums and Heritage Buildings” on July 7-8, 2022, at the Rashtrapati Bhavan Museum.

The aim of this workshop is to create awareness among the officials of Rashtrapati Bhavan and other stakeholders towards disaster management.

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HDFC ties up with Salesforce to 'reimagine the customer lifecycle'

HDFC announced its partnership with leading customer relationship management (CRM) platform, Salesforce for supporting its growth priorities.

HDFC stated that Mulesoft with its innovative API-led integration approach coupled with low code integration capabilities - will help the company innovate quickly around connecting systems and help create new experiences.

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Salesforces' MuleSoft is a unified solution for automation, integration, and APIs

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India’s first floating LNG terminal likely to operationalise in H2 2022

India’s first floating terminal for liquefied natural gas (LNG) at Jaigarh in Maharashtra is expected to be operational in the second half of 2022.

H-Energy Gateway’s floating storage and regasification units (FSRUs) at Jaigarh and the Swan Energy-led terminal at Jafrabad are cumulatively expected to add 11 million tonnes per annum (mtpa) of regasification capacity.

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Another floating terminal at Jafrabad in Gujarat is also likely to begin operations.

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Delhi govt launches ‘Mission Kushal Karmi’ to hone skills of construction workers

Delhi Deputy Chief Minister Manish Sisodia launched ‘Mission Kushal Karmi’ to upgrade the skills of construction workers.

The Delhi government launched this programme with the help of Delhi Skill and Entrepreneurship University (DSEU) and Delhi Building and Other Construction Workers Welfare Board.

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Cognizant bags multi-year contract from National Insurance Company

Cognizant has been selected as a strategic technology provider by National Insurance Company Limited (NICL) to accelerate and help manage its digital transformation.

NICL awarded the multi-year mandate to Cognizant to elevate its technology roadmap, help manage its centralised web-based core insurance solution consisting of multiple applications, etc.

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Power Finance Corporation inks pact with JBIC for $220-million loan

State-owned Power Finance Corporation (PFC) inked a loan pact for JPY 30 billion with Japan Bank for International Cooperation (JBIC).

JBIC has provided this long term facility to PFC under its initiative 'Global action for Reconciling Economic growth and Environmental preservation' (GREEN) to ensure reduction of greenhouse gas emissions.

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PFC CMD: R S Dhillon.

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Samunnati enters into co-lending partnership with SBI for financing FPOs

Open agri network Samunnati has entered into a co-lending partnership with State Bank of India (SBI) to expand its outreach to Farmer Producer Organisations (FPOs).

Initially, under this partnership, the lending amount would be Rs 100 crore.

This partnership will enable Samunnati to scale up its outreach to FPOs with customised financial solutions.

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R K Gupta appointed deputy Election commissioner

Senior bureaucrat R K Gupta was appointed as the deputy election commissioner.

He comes in place of T Sreekanth.

Gupta, a Central Secretariat Service (CSS) officer, will serve as deputy election commissioner (Joint secretary level) till 28 February next year, the date of his superannuation, the Personnel Ministry order said.

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RRU, DroneAcharya sign MoU to set Remote Pilot Training Centre

Rashtriya Raksha University at Gandhinagar has signed an MoU with DroneAcharya Aerial Innovations Private Limited for setting up a Remote Pilot Training Centre for imparting drone flying skills.

This training will be imparted to the Police and security force personnel and citizens at RRU Campus near Gandhinagar.

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Olympic medallist Munkhbayar Dorjsuren appointed Indian pistol team’s foreign coach

The National Rifle Association of India (NRAI) appointed two-time Olympic medallist shooter Munkhbayar Dorjsuren as the chief foreign coach of the national pistol team ahead of the ISSF World Cup in Changwon, Korea beginning on July 9.

Munkhbayar from Mongolia has won bronze medals in the 25m pistol event in both the 1992 Barcelona and 2008 Beijing Olympics.

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Earlier, NRAI appointed Thomas Farnik as the foreign coach in the rifle event.

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2022 Malaysia Open results.

Danish badminton player Viktor Axelsen won the men's singles title.

Thai player Ratchanok Intanon won the women's singles title.

Men's doubles champions were Takuro Hoki / Yugo Kobayashi of Japan.

Women's doubles champions were Apriyani Rahayu and Siti Fadia Silva Ramadhanti of Indonesia.

Mixed doubles:China's Zheng Siwei and Huang Yaqiong retained title for third time.

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Tournament was held from 28 June to 3 July 2022 and had a total prize of US$675,000.

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British International Investment to invest ₹1,925 crore in Mahindra’s new EV company

British International Investment (BII), the UK’s Development Finance Institution and impact investor and Mahindra & Mahindra (M&M) have executed a binding agreement to invest up to ₹1,925 crore each into a wholly-owned subsidiary of M&M that will be newly incorporated.

The EV company will focus on four-wheel passenger electric vehicles.

Did you Know

Anish Shah, Managing Director and CEO, Mahindra & Mahindra.