Arjun Erigaisi clinched the Blitz title finishing ahead of Hikaru Nakamura on the concluding day of the Tata Steel Chess India.
Displaying a strong performance on the last day, R Vaishali emerged as the Blitz women’s champion. She ended with 13.5 points followed by Mariya Muzychuk with 12 points and Harika Dronavalli with 11 points.
Indonesia's Mount Semeru erupted spewing hot ash clouds a mile into the sky, prompting authorities to raise the volcano's alert status to the highest level.
The eruption of the highest mountain on Indonesia's main island of Java around 800 kilometres southeast of the capital Jakarta sparked evacuations of nearby villages.
RBI has put in place a framework to allow overseas subsidiaries and branches of Indian banks and financial institutions to undertake activities not specifically permitted in the Indian domestic market.
The framework also specifies the applicability of these instructions to International Financial Services Centres in India, including Gujarat International Finance Tec-City.
The world’s leading full-stack debt support and risk mitigation platform has inaugurated India’s first Innovation Lab (SIL) dedicated to the debt collection segment of banking industries in India and the Middle East. SIL will work with a variety of bank stakeholders to better understand the NPA situation and how the team might be able to use technology to remedy it.
Indian shuttler Unnati Hooda became the first-ever Indian under-17 shuttler to clinch a medal at the Asian Junior Badminton Championships.
She lost to Sarunrak Vitidsarn of Thailand in the gold medal match in the women’s singles category.
In the men’s doubles category, the in-form duo of Arsh and Sanskar also got a silver medal.
Unnati Hooda is world No. 4 in the junior badminton world rankings.
Markets regulator SEBI has barred Udai Kumar, former MD and CEO of Metropolitan Stock Exchange of India (MSE) for six months from being associated with any market infrastructure institution or its associated entities.
Udai Kumar was sent on indefinite leave from the post of MD and CEO from July 2018 onwards, without completing his tenure.
MSE was notified as a "Recognized Stock Exchange" on December 21, 2012.
International Volunteer Day for Economic and Social Development is observed on December 5 every year. The day is also referred to as IVD and is mandated by the UN General Assembly in 1985. To achieve goals at the local, national and international levels, the UN offers an opportunity to volunteer-involving organisations and individual volunteers to promote volunteerism.
International Volunteer Day 2022 celebrates the theme of solidarity through volunteering.
World Soil Day is held annually on 5 December as a means to focus attention on the importance of healthy soil and to advocate for the sustainable management of soil resources. An international day to celebrate soil was recommended by the International Union of Soil Sciences in 2002. In December 2013, the UN General Assembly designated 5 December 2014 as first soil day.
The theme of World Soil Day 2022 is “Soils: where food begins”.
The United Arab Emirates (UAE) emerged as the second largest importer of tea from India after the Commonwealth of Independent States (CIS) as a block, according to the latest data released by Tea Board. During the period from January to September 2022, UAE imported 28.58 million kilograms of tea from India, a rise of 159 per cent from the similar nine-month period of 2021.
Assam is the largest producer of tea in India.
The Goods and Services Tax (GST) collections grew by 11 per cent to about Rs 1.46 lakh crore in November on increased consumer spending and better compliance, according to government data This is the ninth month in a row that the revenues have remained above the Rs 1.4 lakh crore mark. In October, GST collections had touched the second-highest level of Rs 1.52 lakh crore.
Union Ministry of Agriculture and Farmers Welfare reiterated that under Pradhan Mantri Fasal Bima Yojana, Government is committed to provide comprehensive insurance coverage against crop loss on account of non-preventable natural risks.In the last 6 years, Rs 25,186 crores have been paid by farmers as the premium, wherein Rs. 1,25,662 crores have been paid to farmers.
The Manthan platform won NSEIT the Best Tech Initiative of the Year at the Dun & Bradstreet Business Excellence Awards 2022 . The award was presented for building the technology infrastructure to support Manthan, a platform that promotes collaboration at scale between industry and the scientific research and development ecosystem.
Government's social security body Employees' State Insurance Corporation approved a proposal to invest its surplus funds in the stock market through exchange traded funds.Due to relatively low returns on investments in various debt instruments coupled with the need to diversify investment, ESIC gave its approval for investments of surplus funds in equities restricted to ETF
India will assume the chairmanship of the Wassenaar Arrangement (WA), a multilateral technology control agreement, on 1 January 2023, for a period of one year. India joined the Wassenaar Arrangement, a multilateral export control regime, in 2017 and became its 42nd member. The WA operates on a voluntary basis and decisions are made by consensus.
Edelweiss Mutual Fund has announced the launch of the fourth tranche of BHARAT Bond ETF - India’s first corporate bond ETF (exchange-traded fund). A central government initiative, Bharat Bond ETF invests only in ‘AAA’-rated bonds of public sector companies. Edelweiss Asset Management is the fund manager of the scheme.
“Gaslighting” — behavior that’s mind manipulating, grossly misleading, downright deceitful — is Merriam-Webster's word of the year.Merriam-Webster's top definition for gaslighting is the psychological manipulation of a person, usually over an extended period of time, that “causes the victim to question the validity of their own thoughts, perception of reality, or memories"
The seventh edition of the Global Technology Summit was held from 29th Nov till the 1st of December in New Delhi in a hybrid format. The Summit is India’s annual flagship event on Geotechnology and is co-hosted by the Ministry of External Affairs and Carnegie India. The theme for this year’s Summit is ‘Geopolitics of Technology'.