The prestigious European Molecular Biology Organisation (EMBO) Young Investigator Network has chosen an Indian scientist to be part of the team, recognizing her as one of the top talents of Europe in Biology. Indian scientist Dr Mahima Swamy who comes from Bengaluru has been one of the most revered experts at the University of Dundee's School of Life Sciences.
Centre has officially recognized e-sports as part of the 'Multi-sport' event. It would fall under the purview of the Ministry of Youth Affairs and Sports. Droupadi Murmu, the President of India, changed the rules governing e-sports and asked the Sports Ministry & the Ministry of Electronics and Information Technology (MeitY) to include e-sports in multi-sport competition.
Vigilance Commissioner Praveen Kumar Srivastava has been appointed as the acting Central Vigilance Commissioner (CVC).
Srivastava’s appointment comes after Suresh N Patel completed his term as the chief of the anti-corruption watchdog Central Vigilance Commission.
The commission is headed by a CVC and can have a maximum of two Vigilance Commissioners.
The tenure of a CVC and vigilance commissioner is of four years (or 65 years).
City Finance Rankings aim to motivate city and state officials and decision makers, to implement municipal finance reforms. The participating urban local bodies will be evaluated on 15 indicators across three key municipal finance assessment parameters like resource mobilization, expenditure performance, and fiscal governance.
Reserve Bank of India (RBI) has imposed a monetary penalty of ₹13,90,000 on Mynd Solutions Private Limited (the entity) for not complying with the Guidelines on Trade Receivables Discounting System (TReDS) updated as on July 02, 2018. The penalty has been imposed in exercise of powers vested in RBI under Section 30 of the Payment and Settlement Systems Act, 2007 (PSS Act).
The Reserve Bank of India released the 26th issue of the Financial Stability Report (FSR), which reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the financial system.
The Financial Stability Report (FSR) is published biannually.
The RBI's 25th Financial Stability Report (FSR) was released in June 2022.
Brazilian football legend Pele, who won a record three World Cups has passed away at the age of 82. Pele is credited with scoring a world record 1,281 goals in 1,363 appearances during a 21-year career, including 77 goals in 92 matches for his country. The only player to win the World Cup three times, 1958, 1962, 1970. Pele was named Fifa's Player of the Century in 2000.
Election Commission has proposed introduction of ‘remote voting’ for domestic migrants, using a multi-constituency electronic voting machine (EVM) that will retain all security features of the EVMs currently in use. This modified form of EVM can handle up to 72 multiple constituencies from a single remote polling booth.
Union Minister of Road Transport and Highways Nitin Gadkari inaugurated Goa's new Zuari bridge. The bridge is an important link between North and South Goa. This 13.20-kilometer eight-lane bridge costing 2530 Crores across Zuari river from Bambolim to Verna. It is country's second longest cable-stayed bridge.
Goa Chief Minister Pramod Sawant
Union Home Minister Amit Shah launched the Border Security Force (BSF) mobile app 'Prahari'. This app is a great example of proactive governance. BSF soldiers can get personal and service related information, housing, Ayushman-CAPF and leave related information on their mobiles. Soldiers can also get information on various welfare schemes through this app.
Benjamin Netanyahu was sworn in as Israel's prime minister following a vote in parliament that brought in the most right-wing government in the country's history. Netanyahu was sworn in a few minutes after his new government was approved, with 63 deputies out of 120 voting in favour of the administration.
India’s current account deficit (CAD) doubled sequentially to an all-time high of $36.4 billion in Q2 FY23 from $18.2 billion in the previous quarter, and was nearly four times higher than the $9.7 billion posted a year ago. CAD for FY22 was at $38.77 billion. The Q2 CAD was equivalent to 4.4 per cent of the country’s GDP as against 2.2 per cent in the previous quarter.
Instances of imposition of penalty on banks and non-banking finance companies (NBFCs) by the Reserve Bank of India shot up about three times to 189 in FY22 even as the amount of penalty slapped on them more than doubled to ₹65.32 crore, according to a central bank report.
The Indian Institute of Technology, Madras (IIT-M) won key recognition in the Wharton-QS Reimagine Education Awards, often referred to as ‘the Oscars of Education.’ IIT madras’ BS in Data Science and Applications has won a silver prize in the ‘Best Online Program’ category.
The Indian Air Force successfully test-fired the extended range version of BrahMos air launched missile against a ship target from a SU-30MKI aircraft. BrahMos Aerospace is an Indo-Russian joint venture which produces supersonic cruise missiles. The missiles can be launched from submarines, ships, aircraft or land platforms. A BrahMos missile travels at a speed of 2.8 Mach.
This book is a memoir of Dr C. Rangarajan, an Indian economist, a former Member of Parliament, and the 19th Governor of the Reserve Bank of India. The book includes his journey as an economist and RBI Governor and brings to light some of the hidden truths surrounding India's economic history. It was released by Penguin Publications.