Daily News

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Puneeth Rajkumar conferred 'Karnataka Ratna' posthumously

Karnataka's highest civilian award the 'Karnataka Ratna' was conferred posthumously on late actor Puneeth Rajkumar , on the occasion of the 67th Kannada Rajyotsava (the state formation day). He is the 9th recipient of this prestigious honour.

The Karnataka Ratna award consists a full silver plaque and a 50-gram gold medal.

Did you Know

Karnataka Ratna was last awarded to Dr. Virendra Heggade for social service in 2009.

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President of India, Smt Droupadi Murmu inaugurated the 7th India Water Week

The President of India, Smt Droupadi Murmu inaugurated the 7th India Water Week on November 1, 2022 at Greater Noida, Uttar Pradesh.

7th IWW 2022 will bring together policymakers, statesmen, and innovators under one roof intending to identify and build technological, political, economic, and social security for ‘Water Security for Sustainable Development with Equity'.

Did you Know

Union govt has a vision of ensuring 100% water availability across India by 2024.

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PM Modi attends public programme ‘Mangarh Dham ki Gaurav Gatha’

The Prime Minister, Shri Narendra Modi attended a public programme ‘Mangarh Dham ki Gaurav Gatha’ and paid homage to the sacrifices of unsung tribal heroes and martyrs of the freedom struggle. He performed Dhuni Darshan and paid floral tributes to the statue of Govind Guru whose death Anniversary fell on 30th October.

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Narendra Singh Tomar addresses the ‘Expansion of Horticulture Value Chain in India’ event in Pune

Union Minister Narendra Singh Tomar addresses the ‘Expansion of Horticulture Value Chain in India’ event in Pune.

This programme was organized by the Union Ministry of Agriculture and Farmers Welfare, in which people related to horticulture field including farmers, FPOs, start-ups and bankers were present.

Did you Know

India is the second largest producer of fruits and vegetables in the world after China.

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Goa hosts Civil Air Navigation Services Organisation (CANSO) Asia Pacific Conference

Goa is hosting the three day Civil Air Navigation Services Organisation (CANSO) Conference from 1st to 3rd November 2022.

“Think Global, Collaborate Regional, Accomplish Local” is the theme of this year’s conference. It will help shape future of Asia’s aviation industry and turn the Complete Air Traffic System(CATS) Global Council’s vision for skies of 2045 into reality.

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BIS observes Rashtriya Ekta Diwas and Vigilance Awareness Week 2022

As per the instructions of Central Vigilance Commission, Vigilance Awareness Week, 2022 will be observed in the Ministry from 31st October to 6th November, 2022. The Vigilance Awareness Week would commence with the Integrity Pledge' on 31st October at 11:00 am at all locations.

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NARCL to make its first acquisition in Jaypee Infratech

The National Asset Reconstruction Co (NARCL) emerged as the winning bidder for the debt of Jaypee Infratech at a Swiss challenge auction after lenders failed to draw counterbids.

Phoenix ARC, Aditya Birla ARC and ARCIL were among some of the stressed-asset buyers that submitted expressions of interest for Jaypee Infratech.

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Bank of Baroda launches BoB World Opulence, BoB World Sapphire premium debit cards

BoB announced the launch of two new premium Debit Cards for its customers – bob World Opulence – a super-premium Visa Infinite Debit Card and bob World Sapphire – a Visa Signature Debit Card. The two debit card variants come packed with a best-in-class and powerful rewards proposition exclusively designed for the Bank’s High Networth Individual (HNI) customer segment.

Did you Know

Managing Director/CEO, Bank of Baroda: Sanjiv Chadha.

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Indian Exim Bank inks pact with Southern Africa’s leading bank to boost India-Africa trade

Export-Import Bank of India (India Exim Bank) has concluded a Master Risk Participation Agreement for supporting trade transactions with FirstRand Bank (FRB) Limited. The agreement was signed in Johannesburg on the sidelines of the India - Southern Africa Regional Conclave.

The agreement has been signed under India Exim Bank’s Trade Assistance Programme.

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India donates USD 2.5 million to support education, healthcare of Palestinian refugees

India presented a cheque of USD 2.5 million, the second tranche of the pledged USD 5 million annual support, to a UN agency that will go directly to serve the schools, health centres and other basic services run by the organisation to support Palestinian refugees.

India has given USD 22.5 million to the UNRWA since 2018.

Did you Know

UNRWA: a UN agency that supports the relief and human development of Palestinian refugees

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UPI transactions grow 7.7 per cent to 730 crore in October

UPI transactions in India surged 7.7 per cent to 730 crore and the total value stood at more than Rs 12.11 lakh crore in October from 678 crore worth Rs 11.16 lakh crore in September.

The number of instant interbank fund transfer through IMPS (Immediate Payment Service) in October stood at 48.25 crore and the value was at Rs 4.66 lakh crore.

Did you Know

NPCI is an umbrella organisation for all retail payments system in India.

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DoT OKs 42 firms for telecom products PLI, incl 17 for design PLI

The ministry of communications has expanded the production-linked incentive (PLI) scheme for telecom and networking products with a total of 42 companies, including 28 medium and small enterprises (MSMEs), cleared for receiving sops for a total investment of Rs 4,115 crore.

A total of 31 companies were given approval on October 14, 2021 for the scheme.

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HDFC ERGO has launched first-of-its-kind satellite index-based Farm Yield Insurance Policy

HDFC ERGO has announced the launch of a technology backed farm yield insurance policy for farmers. This is a first-of-its-kind insurance solution, where a satellite-based index will be used to provide localized farm level coverage. It will provide comprehensive cover across the crop life cycle from sowing to harvesting, basis satellite-based data.

Did you Know

CMD of HDFC ERGO: Ritesh Kumar.

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SpaceX launches world's most powerful rocket 'Falcon Heavy' on Space Force mission

The secretive USSF-44 mission, the first operational national security mission for Falcon Heavy, is being launched by SpaceX's rocket for the American Space Force. The Space Test Program-2 (STP-2) mission, launched in June 2019, carried experimental satellites on a test flight for the Pentagon.

Falcon Heavy mission was the 1st in more than three years by Elon Musk's SpaceX.

Did you Know

The Falcon Heavy is the tallest and most powerful rocket presently in use.

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SEBI issues guidelines pertaining to the standardization of rating scales used by credit rating agencies(CRAs)

The Securities and Exchange Board of India (SEBI) issued a pertaining to the standardization of rating scales used by credit rating agencies(CRAs).

The circular will come into effect on 1 January 2023. CRAs will then have to report to SEBI their compliance with norms as ratified by their boards of directors within one quarter from date of applicability.

Did you Know

Credit rating agencies(CRAs) in India are regulated by SEBI.

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GST Collection October 2022: 2nd highest ever

The gross GST revenue collected in the month of October 2022 was at ₹1,51,718 crore, the second highest monthly collection ever, next only to the collection in April 2022. Out of total collections, Central GST is Rs 26,039 crore, State GST is Rs 33,396 crore, Integrated GST is Rs 81,778 crore (including Rs 37,297 crore collected on import of goods).

Did you Know

GST came into effect from 1st July 2017 in India.