The Reserve Bank has approved the appointment of its former deputy governor Rama Subramaniam Gandhi as non-executive part time chairman of Yes Bank for 3 years.
He also had a three-year secondment to the Securities and Exchange Board of India (SEBI) and also held the charge of Director of the Institute for Development and Research in Banking Technology (IDRBT), Hyderabad.
The Film Federation of India has announced India's official entry to the Oscars 2023. The Gujarati film, Chhello Show, which is titled Last Film Show in English, has been selected as India's official entry to the 95th Academy Awards. It has been selected in the Best International Feature Film category.
The film is directed by Pan Nalin.
The International Day of Peace was established in 1981 by the United Nations General Assembly.
The UN General Assembly has declared this as a day devoted to strengthening the ideals of peace, through observing 24 hours of non-violence and cease-fire.
The 2022 theme for the International Day of Peace is "End racism. Build peace."
Reserve Bank of India (RBI) Governor Shaktikanta Das, in the presence of Nandan Nilekani, Chairman Infosys and Advisor to NPCI; and Biswamohan Mahapatra, Chairman National Payments Corporation of India (NPCI), launched three key initiatives during the Global Fintech Fest 2022 --- RuPay Credit Card on UPI, UPI LITE, and Bharat BillPay Cross-Border Bill Payments.
Mahindra & Mahindra(M&M) Ltd said it will acquire an additional 17.41 per cent stake in Swaraj Engines Ltd from Kirloskar Industries Ltd (KIL) for Rs 296 crore. The acquisition will result in increasing the company's stake in Swaraj Engines Ltd (SEL) to 52.13 per cent from 34.72 per cent.
SEL would be would become a subsidiary of M&M.
Reserve Bank of India (RBI) removed the Central Bank of India from the Prompt Corrective Action (PCA) complying with parameters like net non-performing assets (net NPAs) and capital ratios.
RBI had placed Central Bank under PCA in June 2017 due to high net NPAs and negative return on assets. Central Bank was the last of the public sector lenders to come out of PCA.
Indian Overseas Bank and UCO Bank were removed from the framework last September.
Popular comedian Raju Srivastava, who had been admitted to the All India Institute of Medical Sciences in the Capital, about six weeks ago, passed away.
World Alzheimer’s Day is part of the annual World Alzheimer’s Month which is observed in September to sensitize, educate, and demystify dementia. The month is being observed by the Alzheimer’s Disease International (ADI).
World Alzheimer’s Day was first marked on 21 September 1994 at the opening of ADI’s annual conference in Edinburgh.
This year’s theme for World Alzheimer’s Month is 'Know Dementia, know Alzheimer’s'.
India has emerged as the largest bilateral lender for Sri Lanka, overtaking China. India has provided a total of 968 million US dollars in loans to the island nation in four months of 2022. In the past five years from 2017-2021, China has been the largest bilateral lender to Sri Lanka.
India's Permanent Representative to the UN, Ruchira Kamboj.
The Maharashtra government will rename the Daulatabad fort located near Aurangabad city to its old name ‘Devgiri’, state Tourism Minister Mangal Prabhat Lodha has said.
The fort was renamed Daulatabad by Mohammed Tughlaq in the 14th Century who understood its importance as a base for military operations in southern India.
ENC Yachting Championship was conducted at Visakhapatnam, Andhra Pradesh by the Indian Navy Watermanship Training Centre, INS Circars under the aegis of Headquarters Eastern Naval Command (HQENC). Cmde Sumantra Hazarika, Director MWC (V), was the Chief Guest for the Prize Distribution and Closing ceremony.
Google Cloud announced it has launched the first cohort of the its computing foundations with Kubernetes course in collaboration with FutureSkills Prime, an IT Ministry and Nasscom digital skilling initiative.
The beginner-level course aims to provide participants an opportunity to experience cloud computing, cloud basics, big data and machine learning (ML).
Indian Air Force (IAF) is all set to retire its Srinagar-based Mikoyan-Gurevich MiG-21 squadron 'Sword Arms' that Wing Commander (Wg Cdr) Abhinandan Varthaman was a part of when he had knocked down Pakistan-based F-16 combat aircraft a day after the February 2019 Balakot strike.
‘Sword Arms’ is one of its four remaining squadrons of ageing MiG-21 fighter jets.
Japan's MUFG Bank provided 30 billion rupees ($380 million) in additional capital to five branches in India on to meet growing demand for loans.
The infusion brings the total capital base of the MUFG branches to 52 billion rupees, excluding surplus capital. Indian regulations limit the amount banks can lend to a single borrower to 20% of their capital funds.