Parliament has passed the New Delhi International Arbitration Centre (Amendment) Bill, 2022 with Rajya Sabha approving it unanimously. Lok Sabha has already passed the Bill. The Bill amends the New Delhi International Arbitration Centre Act, 2019. The Bill renames the New Delhi International Arbitration Centre as the India International Arbitration Centre.
New Zealand passed a law banning cigarettes for future generations in the country. It is considering an attempt to bring in a near-total tobacco ban from next year. According to media reports, the law passed by Parliament means that anyone born after 2008 will never be able to buy cigarettes or tobacco products in the country.Smoking rate in New Zealand is one of the lowest
The government has granted Geographical Indications tag to various products, including Gamosa of Assam, Tandur Redgram of Telangana, and an apricot variety of Ladakh. The commerce and Industry ministry said on Wednesday that the total number of GI has reached to 432. The top five states holding maximum number of GIs are Karnataka, Tamil Nadu, Uttar Pradesh, Karnataka&Kerala
AstraZeneca Pharma India said Gagandeep Singh Bedi has resigned from the post of managing director. The drug firm said it has approved the appointment of Sanjeev Panchal as its managing director for a period of three years with effect from January 1, 2023. Panchal had joined AstraZeneca Pharma in February 2003 as Brand Associate.
Jal Shakti Minister Gajendra Singh Shekhawat will inaugurate the 7th India Water Impact Summit (IWIS 2022) at Dr. Ambedkar International Centre in New Delhi.The theme of the summit this year is Restoration and Conservation of Small Rivers in a Large Basin. It will also focus on the select aspects of ‘Mapping and Convergence of 5Ps’ -People, Policy, Plan, Program & Project.
The 6th edition of Indo - Kazakhstan joint training exercise -KAZIND-22 will be conducted at Umroi (Meghalaya). The Defence Ministry said, the exercise will enhance the level of defence cooperation between the Indian Army and the Kazakhstan Army which will further foster the bilateral relations between the two nations.
The Indian economy is set to grow at 7 per cent, said the Asian Development Bank (ADB) as it kept its outlook for India's economic growth unchanged for the ongoing fiscal year. For 2023-24, the GDP growth has been kept unchanged at 7.2 per cent. ADB sees Asia expanding at 4.2 per cent this year before accelerating to 4.6 per cent in 2023.
These projections compare to the previously estimated expansion of 4.3 per cent and 4.9%
WhatsApp's India payment business head Vinay Choletti has quit the organization within four months in the role.
In recent times, Meta has seen a spate of changes in executive roles. WhatsApp's India head Abhijit Bose, Meta's public policy director in India Rajiv Aggarwal, and Meta's India head Ajit Mohan resigned in November.
Wholesale Price Index (WPI) based inflation data for India has been released. According to this data, India's WPI inflation has eased, bringing relief to a long cycle of rising prices. As per latest updates, this WPI inflation has eased to 5.85 per cent, hitting a 21-month low after a very long time. In October, the WPI inflation figures stood at 8.39 per cent.
Unique Identification Authority of India has once again awarded first rank amongst all Group A Ministries, Departments and Autonomous Bodies for resolution of public grievances in the rankings report published by Department of Administrative Reforms and Public Grievances (DARPG) for November 2022. This is the fourth month in a row when UIDAI has topped the said ranking.
State Bank of India (SBI) said its board has approved Rs 10,000 crore capital raising plan through Tier I bonds. The fund raising through Additional Tier 1 (AT1) capital up to an amount of Rs 10,000 crore is subject to Government of India concurrence, the bank said in a regulatory filing.The fund would help the bank grow its loan book.
Union Minister Dr Jitendra Singh said, India International Science Festival -2022 will be held in Bhopal in January 2023 and incidentally, it is one of the major events to be held after India took over G-20 Presidency.It is a festival to celebrate the achievements of India’s scientific and technological advancements with students, innovators, craftsmen, farmers, scientists.
India plans to commission 20 nuclear power plants by 2031, adding nearly 15,000 MW in power generating capacity. The first of these 20 nuclear power plants, a 700 MW unit, is expected to be commissioned in 2023 at Kakrapar in Gujarat, which already has three atomic power generating units operational.
In a bid to promote Ayurveda across continents, the All India Institute of Ayurveda (AIIA) has signed a memorandum of understanding (MoU) with the University of Medical Sciences, Cuba, and extended the agreement with Rosenberg European Academy of Ayurveda (REAA), Germany, for five more years to take forward collaborative programmes.
A group of nine rich industrialized nations has approved a deal to provide Vietnam with 15.5 billion US dollars to help the nation move faster from coal power to renewable energy, cutting its climate-damaging pollution. The Group of Seven major economies, along with Norway and Denmark, said that the aim is to help Vietnam reduce its emissions "net zero" by 2050.
Airbnb inked an agreement with the government of Goa to jointly promote the state as one of the most high potential tourist destinations around the world. This will be done through targeted domestic and international destination promotion campaigns. Under the MoU they will work together to promote the state as a destination for high-quality tourism.