The National Highways Authority of India (NHAI) organized a workshop on Global Navigation Satellite System (GNSS) based tolling, which will help the government strategize and design the roadmap for free-flow tolling system in the country.
NHAI chairperson Alka Upadhyaya said the workshop would provide the likely way forward on deployment of GNSS-based tolling in India.
L&T Technology Services (LTTS), a leading global pure-play engineering services company has won a 5-year, multi-million-dollar deal from German luxury vehicle maker BMW Group to provide high-end engineering services for the company’s suite of infotainment consoles targeted for its family of hybrid vehicles.
Mercedes-Benz India has announced the appointment of Santosh Iyer as its new managing director and CEO. Santosh Iyer, who replaces Martin Schwenk, is the first Indian – and, at 46, also the youngest – to take charge at the helm of affairs of Mercedes-Benz India.
Martin Schwenk to take over as CEO of Mercedes Benz Thailand
Iyer took over as VP, sales and marketing in 2019.
The Reserve Bank of India is working on a new "fraud registry" — a reporting mechanism under which data shared by banks with RBI on fraudsters will enable the regulator to blacklist such callers.
The new reporting mechanism will carry details of IP addresses, locations and telephone numbers — reported by banks to RBI — of perpetrators defrauding bank customer repeatedly.
The 597th meeting of the Central Board of Directors of Reserve Bank of India was held at its Regional Office in Jaipur under the Chairmanship of Shri Shaktikanta Das, Governor.
The Board discussed various areas of operations of the Reserve Bank including the functioning of the Local Boards and activities of select Central Office Department.
The International Convention for the Protection of All Persons from Enforced Disappearance, and decided to declare 30 August the International Day of the Victims of Enforced Disappearances, to be observed beginning in 2011.On 21 December 2010, the UN General Assembly expressed its deep concern about the increase in enforced or involuntary disappearances in various regions.
The country observes the National Small Industry Day every year on August 30 to recognise the importance and contribution of the small-scale businesses in India. The small-scale sector plays a key role and is a major growth indicator in the Indian economy. The National Small Industry Day is celebrated across the country to encourage the development and growth of the sector
India finished with one medal at the badminton championships. The Indian men's doubles pair of Chirag Shetty and Satwiksairaj Rankireddy won the bronze medal after going down in the semi-finals of the BWF World Championships 2022 against Malaysia's Aaron Chia and Soh Wooi Yik in Tokyo. This was India’s 13th world badminton championships medal but the first in men's doubles.
The registration process of new companies has been eased by substantially reducing the time taken to process new applications from 6-8 months to two. The regulator has created a facilitation cell consisting of two officers for handholding the applicants so that the entity gets its approval to start its operations. This promotes ease of doing business in the insurance sector
Debasish Panda, chairman, Insurance Regulatory and Development Authority of India (Irdai)
Rajasthan CM Ashok Gehlot inaugurated month-long Rajiv Gandhi Rural Olympic Games, for which around 30 lakh villagers have registered. Games like volleyball, hockey, tennis ball cricket and kho kho will be part of the events The rural olympics organised in eleven thousand gram panchayats across the state is an outreach to the rural population, especially the rural youth.
Kalraj Mishra - Governor of Rajasthan.
The Indian life insurance industry grew at a compounded annual growth rate (CAGR) of 11%, in terms of total premium and 17% in terms of new business premium, during 2017-22, according to a report by Benori Knowledge.The global provider of custom research and analytics solutions estimated that the industry will grow at a CAGR of 9% until 2027.
F1 Red Bull's Max Verstappen won the Belgian Grand Prix at Spa-Francorchamps, overcoming a grid penalty for a power unit change that meant he started from the midfield. From 14th on the grid, Verstappen surged through the field to take the lead after just 12 of the 44 laps. Verstappen became just the second driver in F1 history to win consecutive races from 10th or lower
Bengaluru ranks second in the Asia Pacific region in the top tech hubs list and is only behind China's Beijing, according to a report by Cushman and Wakefield. The report, called ‘Tech Cities: The Global Intersection of Talent and Real Estate’, studied as many as 115 different ‘tech cities’ across the globe.
Department of Higher Education, Ministry of Education has appointed the UGC Chairman Mamidala Jagadesh Kumar as the interim head of All India Council for Technical Education (AICTE) until a regular chairperson is not appointed. This decision has been made as AICTE Chairman Anil Sahasrabudhe will be relieved of duty from Sept 1 onwards.
All India Council for Technical Education (AICTE) was set up in November 1945.