Professor T G Sitharam, director at the Indian Institute of Technology (IIT) Guwahati has been appointed as the new chairman of All India Council for Technical Education (AICTE).
He has been appointed for a period of three years.
Sitharam has replaced Mamidala Jagadesh Kumar, chairman of University Grants Commission (UGC) who was temporarily appointed as AICTE chairman.
Gross domestic product (GDP) may expand by 5.9% in the calendar year 2023 from an estimated 6.9% this year, Goldman economists led by Andrew Tilton wrote in a report.
Further, the firm expects headline retail inflation to ease to 6.1% next year from an estimated 6.8% this year.
India's GDP grew by 8.7% in 2021-22.
Goldman Sachs, CEO: David M. Solomon.
Called the ‘Indian Standard (IS) 19000:2022 ‘Online Consumer Reviews – Principles and Requirements for their Collection, Moderation and Publication’, the framework was finalised after 30 days of consultation.
The Bureau of Indian Standards (BIS) will develop an assessment scheme within 15 days to assess the compliance of the norms.
The framework was released by Consumer Affairs Secretary Rohit Kumar Singh.
The National Company Law Appellate Tribunal (NCLAT) effectively stayed the INR 168.88 Cr penalty imposed by the Competition Commission of India (CCI) on hospitality major OYO.
OYO is now required to pay close to INR 17 Cr as the initial monetary fine to ensure hearing of their appeal in the Hon’ble NCLAT, said FHRAI secretary general Jaison Chacko.
NCLAT, Chairperson: Justice Ashok Bhushan.
Ministry of Electronics and IT (MeitY), Government of India and the Directorate-General for Communications Networks, Content and Technology (DG CONNECT), European Commission signed an "Intent of Cooperation on High Performance Computing (HPC), Weather Extremes & Climate Modeling and Quantum Technologies".
Virtual ceremony was held simultaneously at MeitY, New Delhi & at DG CONNECT, Brussels.
In a bid to scale Flipkart’s SuperCoins reward program, the e-commerce major and Axis Bank have partnered to launch Super Elite Credit Card. In an effort to scale the Flipkart SuperCoins reward programme and enhance the customer shopping experience, this card will serve extensive value to shoppers.
Veteran actor Chiranjeevi was named the Indian Film Personality of the Year at the opening ceremony of the International Film Festival of India (IFFI) in Goa. The announcement was made by Union Minister of Information and Broadcasting Anurag Thakur at the film festival. This year's edition also features retrospectives on Dadasaheb Phalke awardee Asha Parekh.
Zorba, India’s first dog to be deployed for tracking down poachers, died in Guwahati due to old age.
The 12-year-old male Belgian Malinois was a member of ‘K9’, the nation’s first dog squad for wildlife crimes.
Zorba was the first dog of the squad and he was credited with helping law enforcement authorities nab over 60 poachers.
India’s Purnima Devi Barman, an Assam-based wildlife biologist, is one of the five ‘Champions of the Earth’ for this year, the United Nations Environment Programme (UNEP) announced.
Barman won the award this year in the ‘Entrepreneurial Vision’ category, for her trail-blazing work in protecting the greater adjutant stork, called ‘hargila’ in Assamese.
United Nations Environment Programme, (UNEP) Headquarters location: Nairobi, Kenya.
HDFC Bank Limited, India’s largest private-sector bank, announced that it has partnered with Flywire Corporation, a global payments enablement and software company, to enable Indian payers to pay international education fees to higher education institutions all over the world in a seamless and digital manner.
According to the DICGC’s annual report, of the ₹ 8,516.6 crore claims settled by the DICGC, Rs 5,059.2 crore were for liquidated and merged banks, and Rs 3,457.4 crore were for banks subject to the RBI’s All Inclusive Directions (AID).
The Deposit Insurance Scheme covers all commercial banks in India, including foreign bank branches, local area banks, regional rural banks.
The DICGC, a wholly owned subsidiary of the RBI, insures bank deposits.
Union Minister of Ports, Shipping & Waterways and Ayush, Shri Sarbananda Sonowal announced India’s first National Centre of Excellence for Green Port & Shipping (NCoEGPS) a major initiative by the Ministry of Ports, Shipping towards providing greener solutions. The announcement was made by the Union Minister at the recently concluded “INMARCO 2022” in Mumbai.
The fourth edition of the Indo-Pacific Regional Dialogue (IPRD) will start in Delhi from 23rd November. IPRD is an apex level international annual conference of the Indian Navy. The National Maritime Foundation is Navy’s knowledge partner and chief organizer of each edition of the event. The theme of IPRD-2022 is the 'Operationalising the Indo-Pacific Oceans Initiative'.
The Organisation for Economic Co-operation and Development (OECD) has cut its gross domestic growth forecast for India for the current financial year (FY23) to 6.6 per cent from 6.9 per cent, citing higher medium-term global uncertainty and slowing domestic economic activity.The agency said that India is set to be the second-fastest growing economy in the G-20 in FY23.
Japanese tyre maker Bridgestone has appointed Stefano Sanchini as the head of its India operations with effect from January 1 next year.
He will replace Parag Satpute, who will be heading to Amsterdam (the Netherlands) to assume a new global role in Bridgestone's Solutions Business.
Sanchini is currently VP Region Middle-East and Africa, (MEA).
Rajiv Kumar, the former Vice-Chairman of the Niti Aayog, has joined the policy and advisory board of property consultant India Sotheby's International Realty.
Kumar will advise the company on policy and advocacy matters with the objective of promoting transparency and professionalism in the real estate sector, India Sotheby's International Realty (ISIR).
Amit Goyal, CEO, India Sotheby's International Realty.
The Indian Space Research Organisation will launch PSLV-54/ EOS-06 mission with Oceansat-3 and eight nano satellites on board from Sriharikota spaceport on November 26. EOS-06 (Oceansat-3) plus eight nano satellites (BhutanSat, 'Anand' from Pixxel, Thybolt two numbers from Dhruva Space, and Astrocast - four numbers from Spaceflight USA) will be launched.