Daily News

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Cristiano Ronaldo signs 200-million euro contract with Saudi club Al-Nassr

Cristiano Ronaldo is set to move to Saudi Arabia from the start of 2023 after agreeing a contract with Al-Nassr.

The initial deal will be around €100m (£86m) with advertisement and sponsorship bringing his wages to a record figure that will see him become the highest paid athlete in sport.

He recently became the first man to score at five different World Cups.

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EAM S Jaishankar and German FM Annalena Baerbock discuss key global challenges; inks mobility pact

India and Germany inked a mobility partnership pact and held comprehensive discussions on key global challenges including the Ukraine conflict, the situation in Afghanistan, and cross-border terrorism emanating from Pakistan.

Baerbock arrived on a two-day visit, four days after India formally took over the presidency of the G-20 grouping.

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‣Chancellor of Germany: Olaf Scholz.

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Hyderabad gets India's first real-time Gold ATM

Goldsikka Pvt Ltd launched its first Gold ATM with Technology support from M/s OpenCube Technologies Pvt Ltd, a Hyderabad-based startup company. This is India's first and the world's first real-time Gold ATM.

The ATM has a capacity of storing 5kgs of gold. There are 8 available options for the quantity of gold starting from 0.5 grams to 100 grams.

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CCI approves Bharat Biotech International-Eastman Exports deal

The Competition Commission of India has approved the proposed deal of Bharat Biotech International Ltd for acquiring shares of Eastman Exports Global Clothing Pvt Ltd through a share purchase agreement.

The proposed combination relates to the acquisition of shares of Eastman Exports Global Clothing (EEGC) by Bharat Biotech International Ltd (BBIL).

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World No. 3 Sukant Kadam strikes gold at Peru Para Badminton International

Sukant Kadam smashed his way to a gold medal at the Peru Para-Badminton International, defeating ace shuttler defeated Singapore’s Chee Hiong Ang.

In the women’s category, Nithya Sre Sumathy Sivan and Mandeep Kaur clinched the titles in the SH6 & SL3 singles sections.

While Nithya overpowered Peru’s Giuliana Poveda Flores, Mandeep defeated Ukraine’s Oksana Kozyna.

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India won 14 medals in total (6 gold, 1 silver and 7 bronze).

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RBI imposes monetary penalty on The Bharat Co-operative Bank Limited, Bengaluru, Karnataka

The Reserve Bank of India (RBI) imposed a monetary penalty of ₹5.00 lakh (Rupees Five lakh only) on The Bharat Co-operative Bank Limited, Bengaluru, Karnataka (the bank) for non-adherence / violation of directions issued under Exposure Norms and Statutory / Other Restrictions – UCBs.

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Adani Green becomes world’s largest wind-solar hybrid power developer with 450 MW Rajasthan plant

Adani Green stated that it has commissioned a 450 MW wind-solar hybrid power plant in Rajasthan. With the new hybrid plant in Jaisalmer, Adani Green Energy has the largest operational hybrid power generation capacity of 1,440 MW. AGEL has a total operational generation capacity of 7.17 GW, making it the largest wind-solar hybrid power farm developer.

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Centre approves formation of Advisory Group for streamlining development of Bamboo sector

Agriculture Minister Narendra Singh Tomar has approved the formation of an Advisory Group for streamlining the development of the Bamboo sector. The Advisory Group has a representation of various stakeholders including academicians, researchers, innovators, progressive entrepreneurs, designers, farmer leaders, marketing specialists, and policymakers.

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Technotex 2023 to be held in Mumbai from 22nd to 24th February, 2023

India's premier show on Technical Textiles - ‘Technotex 2023’ will be held in Mumbai from 22nd to 24th February 2023. The largest event of technical textile industry in India is focused on providing its attendees access and networking opportunities to meet top CEOs, manufacturers, industry peers, purchase managers and suppliers from India and around the globe.

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Adani group becomes single-largest shareholder in NDTV with 37.4% stake

The 13-day open offer for an additional 26 per cent stake in New Delhi Television (NDTV) by the Adani group closed this week, investors tendered 5.32 million shares or a third of the open offer size of 16.7 million shares, according to BSE data. As a result, the Adani group, which has a 29.18 per cent in NDTV, has picked up an additional 8.26% stake through open offer route

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Extensive exploration programme to find minerals stepped up in Rajasthan

The Rajasthan government is extensively exploring minerals in the state, with possibilities of finding gold and emerald.n extensive exploration programme to find minerals, with financial help from the Rajasthan State Mineral Exploration Trust (RSMET), is being carried out in the Banswara-Nathdwara, Rajsamand, Barmer and Udaipur regions.

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Shriram Finance turns India's largest retail NBFC after merger

Shriram Transport Finance and Shriram City Union Finance Ltd. have been merged to form Shriram Finance Ltd. Post the merger, Shriram Finance has become the largest retail NBFC in India with a robust networth of ₹40,900 crore and Assets under Management of ₹1,71,000 crore. It appointed Mrs. Maya Sinha as an Independent Director and Mr. Juugal Kishor Mohapatra as Chairman.

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‣Mr YS Chakravarti, MD & CEO, Shriram Finance

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Meta, Bharti Airtel to bring worlds longest subsea cable to India

Bharti Airtel said it would partner Facebook parent Meta to jointly invest in global connectivity infrastructure that would extend a subsea cable the '2Africa Pearls' to India. When it was launched in 2020, the 37,000-km subsea cable connected 23 countries.It has become one of the world’s longest subsea cable systems and aims to provide faster internet connectivity.

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SBI’s personal loans portfolio crosses ₹5 lakh cr mark

SBI announced that its personal banking advances excluding high value home loans have crossed the ₹ 5 lakh-crore mark. The largest lender in the country took a year to book the last ₹ 1 lakh crore of advances, as against over 15 months for the previous ₹ 1 lakh crore and over 30 months for the previous ₹ 1 lakh crore

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India Jumps To 48th Rank In Global Aviation Safety Ranking

India has jumped to the 48th position in the global aviation safety ranking by the International Civil Aviation Organization (ICAO), according to DGCA officials. Four years ago, the country was ranked at the 102nd position. In the ranking, Singapore is at the top, followed by the UAE and South Korea at the second and third positions. China is at the 49th place.

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Millets-Smart Nutritive Food’ conclave; to help boost exports of nutri-cereals

Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal said that India must strive to become the global capital of millets. He was addressing the gathering at the ‘Millets-Smart Nutritive Food’ Conclave in New Delhi. Shri Goyal pointed out that India had celebrated its Year of Millets in 2018.

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‘Matiri Diwas’ marking recognition to Bangladesh by India celebrated in Dhaka

The 51st anniversary of ‘Maitri Diwas’ marking the recognition granted to Bangladesh by India in 1971 was celebrated in Dhaka on 6th December.

Liberation war fighters, Parliamentarians, members from civil society, media, dignitaries, and other prominent people took part in the event organised by the High Commission of India in Dhaka.

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Minister for Liberation War Affairs of Bangladesh A.K.M Mozammel Haque- Chief Guest.