Daily News

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SBI Least Efficient Among Asia-Pacific Peers, Says S&P Global Market Intelligence

SBI's cost-to-income ratio rose 911 basis points year-on-year to 71.06% in the June quarter.The ratio is a measure of profitability—a higher ratio implies higher costs & lower profitability.

In terms of countries,Japanese banks were among the least efficient, as record low rates by Bank of Japan weighed on earnings growth.China's banks, remained the most efficient.

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Dinesh Kumar Khara is the current chairman of the State Bank of India.

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Sanjai Kumar appointed as new Chairman & MD of Railtel

Sanjai Kumar has taken charge as the Chairman & Managing Director of RailTel Corporation of India Limited, a PSU which provided broadband, VPN and other communication services for Indian Railways.

RailTel is a "Mini Ratna (Category-I)" Central Public Sector Enterprise incorporated on September 26, 2000.

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BPCL signs MoU with Brazilian oil company Petrobras to diversify crude oil sourcing

The MoU was signed by Arun Kumar Singh, Chairman BPCL and Caio Paes de Andrade, CEO Petrobras, in Brazil.

Through its fully owned subsidiary, Bharat PetroResources Limited, BPCL has a stake in the upstream sector in an ultra-deep water hydrocarbon block in Brazil, owned and operated by M/s Petrobras.

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TerraPay, NPCI International tie-up to enable cross-border transactions via UPI

UK-headquartered TerraPay has partnered with NPCI International Payments Limited (NIPL), the international arm of National Payments Corporation of India (NPCI) to allow Indian customers and merchants with an active Unified Payments Interface (UPI) ID to make and accept cross-border payments.

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WhatsApp Pay India head Manesh Mahatme quits

Manesh Mahatme, director and head of WhatsApp Pay in India, quit the company earlier this month after almost an 18-month stint with the Meta-owned messaging app.

WhatsApp Pay’s share of the total number of UPI transactions remains abysmal. It had a share of less than 1% of the overall UPI market in August, with only 6.72 million transactions.

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World Pharmacists Day on 25 September 2022

"Pharmacy united in action for a healthier world" is the theme of World Pharmacists Day on 25 September 2022.

The World Pharmacists Day campaign is led by International Pharmaceutical Federation (FIP) every year and provides an opportunity to promote the pharmacy profession.

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Government's flagship programme 'Make in India' completes 8 years

The Government's flagship programme 'Make in India' completes eight-year on 25th September 2022. Make in India initiative which was launched in 2014 by Prime Minister Narendra Modi. Make In India has substantial accomplishments across 27 sectors which include strategic sectors of manufacturing and services as well.

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Vice President releases book "Pandit Deendayal Upadhyay- Jeevan Darshan Aur Samsamyikta"

Vice President Jagdeep Dhankhar released a book titled "Pandit Deendayal Upadhyay - Jeevan Darshan Aur Samsamyikta" in a programme in New Delhi. He also highlighted the relevance of Pandit Deendayal's thoughts in contemporary times.

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Centre to rank 131 cities based on actions to improve air quality

The Ministry of Environment, Forest and Climate Change will launch the ‘Swachh Vayu Sarvekshan’ programme under National Clean Air Programme 2019 (NCAP) to rank cities based on their actions to improve air quality. It will rank 131 cities in the country for implementing City Action Plans prepared as part of NCAP for reducing air pollution up to 40 per cent by 2025-26.

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5 major palm oil importers from Asia form alliance

The apex edible oil industry associations from five major palm oil importing countries of Asia -- India, Pakistan, Sri Lanka, Bangladesh and Nepal -- have come together to form the Asian Palm Oil Alliance (APOA), at the instance of Solidaridad Network, a specialist in sustainable agriculture.APOA was launched during the Globoil Summit at Agra in September 2022.

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Atul Chaturvedi- First Chairman of the APOA

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Antyodaya Divas | 25 September

Every year, Antyodaya Diwas is celebrated in India on September 25 to mark the birth anniversary of Pandit Deendayal Upadhyaya. In 2014, Prime Minister Narendra Modi dedicated the day in honour of Pandit Deendayal Upadhyaya. In 2014, the Ministry of Rural Development relaunched its existing skill development programme called the Aajeevika Skills as the NRLM

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It was later renamed Deendayal Antyodaya Yojana- NRLM in November 2015.

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Author-poet Meena Kandasamy wins the German PEN award

Indian activist-author-poet Meena Kandasamy has been announced as the recipient of the Hermann Kesten Award 2022, which is given by the PEN Centre in Darmstadt, Germany. The award is given to Kandasamy in honour and recognition of her support for the rights of victimized writers.

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India's 1st Avalanche Monitoring Radar installed in north Sikkim

The Indian Army and the Defence Geoinformatics and Research Establishment (DGRE) have jointly installed the Avalanche Monitoring Radar, first of its kind in India, in north Sikkim. This radar has the capability to detect avalanches within three seconds of their triggering and will assist in saving valuable life of troops and civilians as also vehicles in super high altitude

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Amazon setting up its first solar project in India

Amazon announced the setting up of its first solar farm in India. The e-commerce major will be setting up three solar power projects with a capacity of 420 megawatt (MW) in Rajasthan. These would include a 210 MW project to be developed by ReNew Power, a 100 MW project to be developed by Amp Energy India, and a 110 MW project to be developed by Brookfield Renewable Partners

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World Lung Day 2022 | 25 September

Every year, World Lung Day is celebrated on September 25 to advocate lung health and spread awareness. Lung disease is any problem that arises in the lungs and prevents it from working properly. Lung disease is divided into three main types - airway diseases, lung tissue diseases and lung circulation diseases.

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World Lung Day 2022 theme: Lung Health for All