The government has appointed Thomas M Devasia - a senior executive from the private sector - as member (non-life) in the Insurance Regulatory and Development Authority of India (IRDAI). Thomas M Devasia is currently technical expert at Marsh Insurance Brokers India working in Kochi, Kerala.
The Society of Indian Automobile Manufacturers (SIAM) appointed Vinod Aggarwal, Managing Director of Volvo Eicher Commercial Vehicles as its new president for 2022-23.
Aggarwal, who was the Vice President of SIAM succeeds Kenichi Ayukawa, Executive Vice Chairman & Whole Time Director, Maruti Suzuki India.
IndusInd Bank has approved the re-appointment of Sumant Kathpalia as managing director and chief executive officer for three years with effect from March 24, 2023.
Kathpalia was appointed as MD & CEO of IndusInd Bank in March 2020.
Prior to joining IndusInd Bank, Kathpalia had stints with Citibank, Bank of America and ABN Amro.
Bengaluru teenager Pranav Anand became India’s 76th Grandmaster after he crossed the 2,500 Elo mark in the ongoing World Youth Chess Championship in Mamaia, Romania.
To become a GM, a player has to secure three GM norms and cross the live rating of 2,500 Elo points.
Dibyendu Barua was the second Indian, after Viswanathan Anand to achieve the title of chess grandmaster.
Elo rating is named after its creator Arpad Elo, a Hungarian-American physics professor.
Iran has signed a memorandum of commitments to join the Shanghai Cooperation Organization (SCO), giving boost to India’s focus on an inclusive connectivity agenda in the Eurasian region that would function parallel to China’s Belt and Road Initiative.
The value of Iran’s exports to India increased by 35% in the first seven months of 2022, compared with a year earlier.
Ebrahim Raisi : President of Iran.
Varanasi has been nominated as the first-ever SCO Tourism and Cultural Capital for the year 2022-2023 at the 22nd Meeting of Shanghai Cooperation Organization (SCO) summit at Uzbekistan's Samarkand.
Notably, the regulations for the nomination of the SCO Tourism and Cultural Capital were adopted at the Dushanbe SCO Summit in 2021.
India's current account deficit (CAD), a key indicator of balance of payment of a country, is likely to remain within 3 per cent of the GDP in 2022-23 as against 1.2% during the last fiscal, according to an article published in the Reserve Bank's article titled 'State of the Economy'.
India's trade deficit during the first 5 months of 2022-23 widened to USD 124.5 billion.
World Patient Safety Day is one of WHO’s global public health days. It was established in 2019.
This year the theme of the Patient Safety Day is "Medication without Harm".
For creating, awareness on patient safety issues among field-level functionaries, Ministry of Health and Family Welfare has organised a week-long “Rogi Kalyan Saptaah” from the 12th – 17th September.
Indian Council of Agricultural Research with its National Agricultural Higher Education Project and Crop Science Division is organizing Hackathon 3.0 ‘’KRITAGYA” on promoting ‘speed breeding for crop improvement’. This will provide an opportunity for Students and others to showcase innovative approaches and technology solutions to promote innovation for crop improvement.
The definition of “small companies” under the Companies Act, 2013 is revised by increasing thresholds for paid up Capital from “not exceeding Rs. 2 crore” to “not exceeding Rs. 4 crore” and turnover from “not exceeding Rs. 20 crore” to “not exceeding Rs. 40 crore”.
The government has slashed windfall gains tax, lowering the duties and cess on domestic crude and export of aviation turbine fuel and diesel following a decline in international crude oil price. It has cut the tax on domestically produced crude oil to Rs 10,500 a tonne from Rs 13,300 earlier.
Former President Ram Nath Kovind released a book titled Ambedkar and Modi: Reformer’s Ideas Performer’s Implementation in New Delhi today. The book illustrates life, works and achievements of Dr. B.R Ambedkar. It presents a convergence between the ideals of Dr. Ambedkar and New India’s development journey.
Prime Minister Narendra Modi along with leaders of SCO nations including Russian President Vladimir Putin, Chinese President Xi Jinping, Pakistan Prime Minister Shehbaz Sarif, and Uzbekistan President Shavkat Mirziyoyev participated in the 22nd SCO Summit at Samarkand in Uzbekistan.
The Prime Minister will release eight cheetahs brought from Namibia at the Kuno National Park in Madhya Pradesh. This is the world's first transcontinental project to restore large wild animals. For cheetah reintroduction in India, out of 10 selected places in the country, Kuno National Park in Madhya Pradesh has been found most suitable.
Railways Minister Ashwini Vaishnaw releases Annual report on Environment Sustainability 2020-21. The annual report on Environment Sustainability 2020-21 is a comprehensive document highlighting the steps taken by Railways to promote green and clean energy. This report brings out Railways’ effort towards net zero emission.