Daily News

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Rajarshi Gupta appointed as managing director of ONGC Videsh

ONGC Videsh Ltd, the overseas investment arm of state-owned Oil and Natural Gas Corporation, announced the appointment of Rajarshi Gupta as its new managing director.

He has replaced Alok Gupta, who superannuated as ONGC Videsh's MD last month.

ONGC Videsh Limited is a Miniratna Schedule "A" Central Public Sector Enterprise (CPSE) of the Government of India.

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Sheikh Mohammed Sabah Al Salem appointed Kuwait’s Prime Minister

Kuwait’s Emir Sheikh Nawaf Al-Ahmad Al-Jaber Al-Sabah issued a decree to appoint Sheikh Mohammed Sabah Al Salem as a new Prime Minister.

The appointment of a new PM comes three months after former Prime Minister Sheikh Sabah Al-Khaled Hamad Al-Sabah submitted his resignation.

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Egypt's Seif Ahmed appointed as FIH acting president following Narinder Batra's resignation

Officially accepted the resignation of Dr Narinder Dhruv Batra, Unanimously appointed FIH EB Member and President of the African Hockey Federation Seif Ahmed (Egypt) as Acting President until the next Presidential elections," the FIH said.

The FIH said that a permanent successor to Batra is due to be elected in November.

FIH CEO-Thierry Weil.

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Fédération Internationale de Hockey 🏒 (FIH)- Headquarters: Lausanne, Switzerland.

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SBI launches WhatsApp Banking Services to make banking easier for its customers

India’s largest public sector lender, State Bank of India has launched its WhatsApp Banking services to make banking easier for its customers. SBI customers can avail certain banking services using WhatsApp. SBI customers can get their Account Balance and view Mini Statement can check their account summary, reward points, outstanding balance and make card payments.

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Chairperson: Dinesh Kumar Khara
Headquarters: Mumbai

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Union Cabinet approves signing of MoU in field of Judicial Cooperation between India and Maldives

The Union Cabinet has approved the signing of Memorandum of Understanding in the field of Judicial Cooperation between India and Judicial Service Commission of Maldives. This is the eighth MoU signed between India and other countries in the field of Judicial Cooperation.

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President of Maldives: Ibrahim Mohamed Solih
Currency: Maldivian Rufiyaa

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India, Namibia sign MoU for establishing cheetah into historical range in India

India and Namibia signed an MoU on wildlife conservation and sustainable biodiversity utilization for establishing the cheetah into the historical range in India. Cheetah has a very special significance for the national conservation ethic and ethos. Bringing the cheetah back to India will have equally important conservation ramifications.

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Ranil Wickremesinghe to be sworn-in as President of Sri Lanka

Ranil Wickremesinghe will take oath as the President of Sri Lanka at the parliament complex after his victory in a parliament vote to choose a new president for the island nation. He has served as the Prime Minister of the island nation six times earlier. He was also the interim president after the resignation of Gotabaya Rajapaksa

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NITI Aayog Releases Report on Digital Banks; Proposes a Licensing and Regulatory Regime for India

Government think tank NITI Aayog on Wednesday releases its report on digital banks, offering a template and roadmap for licensing and regulatory regime for India. The report 'focuses on avoiding any regulatory or policy arbitrage and offers a level playing field to incumbents as well as competitors.

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CM Dhami unveils 'Beyond The Misty Veil, Temple Tales of Uttarakhand' by retd IAS officer

Uttarakhand Chief Minister Pushkar Singh Dhami has unveiled a book titled "Beyond The Misty Veil, Temple Tales of Uttarakhand" written by retired senior IAS officer, Aradhana Johri. In her book, Johri talks about several shrines in Uttarakhand and says that he book will be regarded as an authentic introduction to the sacred shrines of Uttarakhand.

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Governor of Uttarakhand- Gurmit Singh

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Digit Insurance launches 'Pay-as-you-drive' motor add-on

Private insurer Digit General Insurance has announced the launch of ‘Pay-as-you-drive’ add-on feature to its motor insurance product portfolio. It will allow vehicle-owners with low usage to earn a discount of up to 25 percent on annual premiums. Vehicle-owners can purchase this benefit as part of comprehensive coverage, along with motor own damage (OD) policies.

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Debasish Panda - Chairperson of the Insurance Regulatory and Development Authority

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Federal Bank ties up with CBDT to launch online tax payment services

Federal Bank has partnered with the Central Board of Direct Taxes to assist taxpayers pay through the e-pay tax facility in the e-filing portal.There is no requirement of PAN/TAN registration/verification for taxpayers and it takes away any delay in payment of tax. With this partnership, Federal Bank becomes one of the pioneers to be registered under Tin 2.0 platform of IT

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Federal Bank Headquarters: Aluva
CEO: Shyam Srinivasan

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RBI signs its renewed statement of commitment to the FX Global Code

The Reserve Bank of India has signed its renewed Statement of Commitment (SoC) to the FX Global Code, which is a compilation of best market practices, applicable to the wholesale foreign exchange market participants covering sell-side, buy-side and financial intermediaries.

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Henley Passport Index ranks India 87th globally out of 199 countries

The Henley Passport Index is a ranking of all the world's 199 passports according to the number of destinations their holders can access without a prior visa. India, along with Mauritius and Tajikistan, has been ranked 87th, with its passport providing access to 67 countries. Japan has taken the top spot in the Henley Passport Index for 2022, and Afghanistan is the least.

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Zero coupon, zero principal bond declared securities

In the run up to setting up a social stock exchange, the government has declared "zero coupon zero principal instruments" as securities. Zero coupon zero principal instrument means an instrument issued by a Not for Profit Organisation (NPO) which will be registered with the social stock exchange segment of a recognised stock exchange.

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Gautam Adani overtakes Bill Gates to become 4th richest in world

Indian businessman Gautam Adani has left behind Microsoft co-founder Bill Gates to become the world's fourth richest person, according to Forbes' Real-Time Billionaires List. At $90 billion, fellow countryman Mukesh Ambani ranks 10th on the list.Tesla and SpaceX founder Elon Musk tops the list with $235.8 billion.

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Flipkart has signed an MoU with the Bihar State Skill Development Mission to create supply-chain operations talent pool

Flipkart, the Indian e-commerce marketplace, has entered into an agreement with the Bihar State Skill Development Mission to help create a pool of skilled supply-chain operations talent via the Supply Chain Operations Academy (SCOA) in the state.

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National Academy of Agricultural Research Management (NAARM) gets ICAR Sardar Patel Award

The National Academy of Agricultural Research Management established by the Indian Council of Agricultural Research (ICAR), has bagged the Sardar Patel Outstanding ICAR Institute Award 2021 (in the Large Institute Category) for its overall performance.Set up in 1976, the Hyderabad-based institute’s mandate includes capacity building in agricultural research and education

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Ch Srinivasa Rao- Director of NAARM

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Microsoft announces 'Viva Engage' app in Teams to help build community

Tech giant Microsoft has announced that it is introducing Viva Engage, a new app in Teams that helps build community and connection, along with providing tools for personal expression. Microsoft Viva is designed to give employees across multiple roles and functions what they need to feel connected -- no matter when or where they work.

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CEO: Satya Nadella
Headquarters: Washington, United States

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Pradhan Mantri Vaya Vandana Yojana completes five years

Pradhan Mantri Vaya Vandana Yojana has completed five years on 21st July 2022. The scheme was formally launched on this day in 2017. The scheme is a social security scheme for senior citizens intended to give an assured minimum pension to them based on an assured return on the purchase price or subscription amount.

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