Daily News

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Akshaya Moondra appointed as CEO of Vodafone Idea for 3 years

Managing director Ravinder Takkar will be replaced by Akshaya Moondra, Vodafone Idea's current CFO, as CEO for a period of three years.

Following Balesh Sharma's resignation on August 19, 2019, Sh. Takkar was named MD and CEO for a term of three years.

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C.A. Bhavani Devi to be part of 1st Khelo India Fencing Women's League

The 1st Khelo India Fencing Women's League is scheduled to start on July 25 at the Talkatora Indoor Stadium, New Delhi. To be held over three phases, the first of its kind national fencing competition for women will take place until July 29.

It will be held across three phases. While Phase 1 and 2 is scheduled in New Delhi, the final phase will take place in Patiala.

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UITP reappoints Mohamed Mezghani as Secretary General for the next five years

The UITP Executive Board confirmed the reappointment of Mohamed Mezghani as UITP Secretary General for a new five-year term.

Mohamed has been the Secretary General of UITP since 2018, when he began his first term in January of that year.

UITP (Union Internationale des Transports Publics) is the International Association of Public Transport.

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UITP Headquarters- Brussels, Belgium.

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ArcelorMittal Nippon Steel India in India Book of Records for country’s first steel slag road

The record for making the first steel slag road was set by CSIR – Central Road Research Institute and ArcelorMittal Nippon Steel India.

The 1.2 km road, opened for traffic in May last year, is the country’s first road built using 100% processed steel slag aggregates.

Surat has become the first city in the country to get a processed steel slag (industrial waste).

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Italy's Prime Minister Mario Draghi resigns

Italian Prime Minister Mario Draghi has submitted his resignation to President Sergio Mattarella after key coalition parties withdrew their support for his government.

Draghi, a former European Central Bank chief, became prime minister in 2021.

The resignation opens the way for early elections in September or October.

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Burhanpur of MP becomes first certified ‘Har Ghar Jal’ district in India

Burhanpur is the only district in the country where all people from each of 254 villages have access to safe drinking water through taps.

Only 36.54% of over one lakh households in Burhanpur had potable drinking water through tap connections at the time of the launch of Jal Jeevan Mission on 15th August 2019.

Now 1 lakh 1 thousand 905 rural households have connections.

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Burhanpur also known as the ‘Darwaza of Dakhin’ in Madhya Pradesh

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Ex UPMRC MD Kumar Keshav takes charge as CEO of Deutsche Bahn India

Kumar Keshav has joined a prestigious assignment as Chief Executive Officer (CEO) with Deutsche Bahn Engineering & Consulting India in New Delhi.

Deutsche Bahn (DB) is a German company with expertise in the operation and maintenance of railway projects in different countries across the world.

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Sushil Kumar- MD, Uttar Pradesh Metro Rail Corporation(UPMRC)

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India’s R&D spends amongst the lowest in the world: NITI Aayog study

India's gross expenditure on research and development (R&D) is one of the lowest in the world, with just $43 per capita, according to NITI Aayog's India Innovation Index 2021.

India's gross expenditure on R&D (GERD) as a percentage of GDP has been consistent and hovered around 0.7% for about a decade.

This is even lower than Brazil (1.16%), South Africa (0.83%) and others.

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Study was conducted by NITI Aayog and Institute for Competitiveness.

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Canara Bank launches its mobile app-Canara ai1

Canara Bank launched Canara ai1, its mobile banking app. The banking app would be a one-stop solution with more than 250 features to cater to the banking needs of its customers.

The app is available in 11 languages to cater to multiple sections of society in their preferred language.

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LV Prabhakar, Managing Director and Chief Executive Officer (CEO), Canara Bank

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RBI imposes ₹57.75 lakh penalty on Suryoday Small Finance Bank

RBI has imposed a monetary penalty of ₹57.75 lakh on Suryoday Small Finance Bank Ltd. (SSFB) for non-compliance with its directions on “frauds classification and reporting by commercial banks and select FIs”.

The examination of the Inspection Report (IR) and all related correspondence pertaining to the Statutory Inspection of the bank revealed non-compliance.

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IndusInd Bank, EazyDiner partner to launch a co-branded credit card

IndusInd Bank announced a partnership with table reservation platform EazyDiner to launch a tailor-made co-branded credit card - EazyDiner IndusInd Bank Credit Card.

The cardholder will get complimentary EazyDiner Prime membership that will offer a guaranteed discount of up to 25% at select restaurants.

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ADB lowers India's growth forecast to 7.2% for FY23 due to surging food, fuel prices

The Asian Development Bank (ADB) brought down its FY23 growth forecast for India to 7.2 percent, from 7.5 percent in April this year.

The Bank attributed the revised forecast to surging food and fuel prices in India. This can further be linked to ongoing geo-political tensions and supply-chain disruptions worsening the economic conditions.

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FICCI survey: India's FY23 growth forecast cut to 7%, RBI to stay hawkish

The Indian economy is expected to expand 7% in fiscal 2022/23, slower than a previous estimate of 7.4% and the central bank's 7.2% projection, according to a survey by India's leading industry body, FICCI.

The Reserve Bank of India (RBI) was expected to stay hawkish to tackle elevated inflation, the survey of top independent economists, showed.

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BEL signs Rs 250 crore deal for supply of integrated anti-submarine warfare systems

Navratna Defence PSU Bharat Electronics Limited (BEL) has signed a contract with the Ministry of Defence, worth around Rs 250 crores, towards the supply of nine Integrated ASW Complex (IAC) MOD ‘C’ Systems.

IAC MOD ‘C’ is an Integrated Anti-Submarine Warfare (ASW) system for all surface ships of the Indian Navy.

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India's battery storage potential to be 600 GWh by 2030: Niti report

India will have a battery storage potential of 600 gigawatt hour (GWh) by 2030 & demand for electric vehicles, stationary storage & consumer electronics will mainly drive adoption of battery storage,a Niti Aayog report said.

It said current deployment of lithium-ion batteries in India is dominated by consumer electronics comprising smartphones,laptops, notebooks & tablets.

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Indian-Origin Professor of Engineering Wins Prestigious Global Energy Prize

Kaushik Rajashekara, an Indian-origin professor of engineering at the University of Houston, has won the prestigious Global Energy Prize for outstanding contributions to transportation electrification and energy efficiency technologies while reducing power generation emissions.

Only three people in the world were selected this year for the honour.

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Noted Scientist & ILS Director Dr Ajay Parida Dead

Noted scientist and Director, Institute of Life Sciences (ILS), Bhubaneswar Dr Ajay Parida has died at Guwahati.

Parida, a Padma Shri awardee, was 58 year old.

The ILS conducted genome sequencing to ascertain Covid variants, essential for proper treatment, under supervision of Dr Parida.

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India and Bangladesh agree for effective implementation of Comprehensive Border Management Plan to curb border crimes

The border guarding forces of India and Bangladesh held talks on curbing trans-border crimes and taking necessary measures to ensure peace and tranquillity along the border at the 52nd Director General-level coordination conference.

The five-day conference from July 17-21 between Border Security Force (BSF) and Border Guards Bangladesh (BGB) was held in Dhaka, Bangladesh.

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9th ASEAN-India meet on transnational crimes held virtually

Ninth ASEAN-India Senior Officials Meeting on Transnational Crimes (SOMTC) was held in a virtual mode where both sides strongly condemned terrorism in all its forms while emphasizing the need to boost international cooperation to combat terrorism and transnational crimes.

The 10th ASEAN-India SOMTC Consultation on Transnational Crimes will be held in 2023 in Indonesia.

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‘The Light We Carry’: Michelle Obama’s second book to hit stands in November

After the huge success of her acclaimed memoir “Becoming” in 2018, former US first lady Michelle Obama has announced the release of her second book, “The Light We Carry: Overcoming in Uncertain Times”, later this year.

The book, scheduled to release on November 15, will be published by Penguin Random House simultaneously in 14 languages and 27 countries.

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Indian Men’s team bags silver medal at ISSF World Cup

The Indian men’s 25m rapid fire pistol team comprising Anish Bhanwala, Vijayveer Sidhu and Sameer won the silver medal on the last day of the ISSF World Cup Changwon 2022 in South Korea.

The medal helped India retain the top spot on the medals table with five gold, six silver and four bronze.

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Asia Cup 2022 to be held in UAE

The Asia Cup, which was scheduled to be held in Sri Lanka, has been shifted to the UAE, BCCI president Sourav Ganguly.

Asia Cup is slated to be held from August 27 to September 11 and will be played in the T20 format.

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National Broadcasting Day - July 23

Every year, on 23 July, India celebrates National Broadcasting Day to commemorate the first radio broadcast in India from the Bombay Station under the Indian Broadcasting Company in 1927.

Radio broadcasting services started in India during British rule in 1923 under the initiative of the Radio Club of Bombay.

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