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Barbara Metcalf bags Sir Syed Excellence Award 2022

American historian and internationally acclaimed scholar of South Asian history and Islam, Barbara D Metcalf, received the Sir Syed Excellence International Award for 2022.

The annual award is given by the Aligarh Muslim University (AMU) on its founder Sir Syed Ahmad Khan’s birth anniversary.

This year, AMU is marking the 205th anniversary of Sir Syed.

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India's first 'Migration Monitoring System' inaugurated in Mumbai

Country's first 'Migration Monitoring System', which provides updated information on migrant pregnant women, lactating mothers and children instantly on a single system, was inaugurated in Mumbai. The system developed by Department of Women and Child Development.The information of seasonal migrant women and children will be available immediately.

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FATF removes Pakistan from 'grey list' after four years

The financial Action Task Force (FATF) has removed Pakistan from its grey list after four years. This has adversely impacted Pakistan's imports, exports, and remittances and limited its access to international lending. Pakistan has been on the Paris-based watchdog's grey list for deficiencies in its counter-terror financing and anti-money laundering.

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Shri Jaxay Shah nominated as the new Chairman of Quality Council of India

Jaxay Shah, former Chairman of CREDAI and founder Chairman of Savvy Group has been appointed as the Chairman of Quality Council of India for a period of three years effective from 21st October 2022. The incumbent chairman succeeds the former McKinsey India Chief Adil Zainulbhai who served as the Chairman of QCI through three terms for a period of eight years from 2014-2022.

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NAREDCO sets up finance committee to help builders procure funds from banks, NBFCs

National Real Estate Development Council (NAREDCO), an apex body formed under the aegis of the Ministry of Housing and Urban Affairs, has set up a committee that will enable member developers to easily access funds from banks and financial institutions based on merit and viability of the projects.

Merchant bankers Resurgent India will be actively associated with the NFC.

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Satish Kumar, Chairman, NAREDCO Finance Committee (NFC).

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Hardayal Prasad quits as PNB Housing Finance MD, Girish Kousgi to replace him

PNB Housing Finance’s managing director Hardayal Prasad has resigned from his role, citing personal reasons. He is being replaced by Girish Kousgi, who has been the managing director and chief executive officer of Can Fin Homes.

The company has asked deputy managing director Amitabh Chatterjee to manage the affairs of Can Fin Homes in the interim period.

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NIRDPR, NHSRC sign MoU to promote healthcare in rural areas

The National Institute of Rural Development and Panchayati Raj (NIRDPR), Hyderabad and the National Health Systems Resource Centre (NHSRC), New Delhi signed a memorandum of understanding (MoU) in order to collaborate in developing capacity-building and skills under Panchayat Raj Institutions (PRI) on healthcare issues.

The MoU will initially be for five years.

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NIRDPR, Director General: G Narendra Kumar.

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UCO Bank opens special rupee account with Russia's Gazprombank

Russia's Gazprombank opened a special rupee account with state-owned UCO Bank, paving the way for bilateral trades between Moscow and New Delhi. The move would help increase imports of cheaper oil from Russia.

Earlier, the Reserve Bank of India came out with a bespoke special rupee account for bilateral trades between rupee and any other currencies besides the US dollar.

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RBL Bank, BookMyShow launch 'Play' credit card

RBL Bank and BookMyShow have announced a partnership to launch a new 'Play' credit card. Earlier in 2016, RBL Bank had partnered with BookMyShow for the launch of ‘Fun Plus’ credit card.

BookMyShow customers can purchase the ‘Play’ credit card for an annual fee of Rs 500, while loyalty programme Superstars can get the card at zero cost.

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RBL Bank's MD & CEO: R Subramaniakumar.

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IndusInd Bank to loan $150 million from US DFC to support women entrepreneurs

IndusInd Bank has executed an agreement with the United States International Development Finance Corporation (DFC) for a $150 million loan to expand its microfinance portfolio. The private sector lender will use the proceeds to lend to women borrowers in rural communities of Jharkhand, Uttar Pradesh, and Bihar

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IndusInd Bank MD and CEO - Sumant Kathpalia.

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India Successfully Test Fires New-Generation 'Agni Prime' Ballistic Missile

India successfully test-fired made-in-India new-generation medium-range ballistic missile 'Agni Prime' from the Odisha coast, Defence Research and Development Organisation or DRDO sources said. The sleek missile was test fired from a mobile launcher from the APJ Abdul Kalam Island. The missile's strike range is between 1,000 km and 2,000 km.

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IIT Madras wins national intellectual property award for 2021, 2022.

The Indian Institute of Technology Madras (IIT Madras) has won the 'National Intellectual Property Awards 2021 and 2022' . This award is given out by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce and Industry, Government of India. The officials decide the winner on the basis of the patent applications, grants and commercialisation.

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V. Kamakoti - Director of IIT Madras

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India 3rd in list of centi-millionaires, to overtake China by 2032

India ranks third in the world's first-ever global study on the rise of centi-millionaires-individuals with assets of more than Rs 830 crore ($100 million), a new report has revealed. Out of the world's 25,490 centi-millionaires, India has 1,132, beating countries like the UK, Russia and Switzerland, in a swift growing and powerful class of super-rich tech titans,CEOs.

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Report released by international investment migration advisory firm Henley & Partners

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Union Minister Jitendra Singh launches integrated pensioners' portal

Union Minister of state for Science and Technology, Jitendra Singh launched the Single Integrated Pensioners’ Portal. The portal is developed in collaboration with State Bank of India and aimed at ‘Ease of Living’ for the central government pensioners. All remaining 16 pension disbursing banks will now begin their integration with Bhavishya

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Interpol launches first global police metaverse at 90th General Assembly, held in New Delhi.

Interpol launched the first ever metaverse specifically designed for law enforcement agencies worldwide during its 90th General Assembly in Delhi. This “fully operational” Interpol Metaverse allows registered users to tour a virtual facsimile of the Interpol General Secretariat headquarters in Lyon, France without any geographical or physical boundaries

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Interpol Secretary General - Jurgen Stock