The Centre will provide foodgrains to states under the National Food Security Act (NFSA) free for one year from Jan 1 to Dec 31, 2023. Last week, the cabinet had decided to provide grains under NFSA free of cost to the 81 crore beneficiaries during 2023.
The central government will bear the food subsidy of more than Rs 2 lakh crore for the year 2023.
Luiz Inácio Lula da Silva took office on January 1 for a third term as Brazil’s President.
The 77-year-old ex-metalworker, who previously led Brazil from 2003 to 2010, took the oath of office before Congress, vowing to “maintain, defend and obey the constitution” as he returns to lead Latin America’s biggest economy after a divisive election in October.
The Tata group remained India’s top business group in terms of market capitalisation (m-cap) in 2022 but Adani group companies were among the biggest gainers on the bourses for the second consecutive year. Tata companies ended CY22 with a combined group m-cap of Rs 21.2 trillion, down 9.4 per cent year-on-year (YoY) from Rs 23.4 trillion at the end of December 2021.
Central and state governments collected ₹1.5 trillion in goods and services tax (GST) in December, up 15% from a year earlier, on higher sales of automobiles and a pick-up in services activity.
GST collections have remained above the ₹1.4-trillion mark for the 10th straight month, indicating the buoyancy in indirect tax collections.
The Unified Payments Interface (UPI), ended the 2022 calendar year on a high note as the volume of transactions touched a record 7.82 billion in December, amounting to Rs 12.82 trillion.
On a year-on-year basis, in December, volume of transactions was up 71 per cent and value of transactions was up 55 per cent.
In the calendar year 2022, UPI processed over 74 bn. transactions, worth Rs 125.94 tn.
Briefing the media in New Delhi Minister of State for Science and Technology Dr. Jitendra Singh said that 2023 Science Vision will define India in 2047.
He has stressed on research related to science and technology reaching the local level to make the country a global hub of research and innovation during this Amrit Kaal.
India assumed the chairmanship of the plenary of the 42-member Wassenaar Arrangement on Jan 1 for one year.
The Wassenaar Arrangement is a voluntary export control regime that monitors transfers of conventional weapons and dual-use goods.
At the 26th annual plenary of the Arrangement in Vienna last month, Ireland handed over the chairmanship to India's Jaideep Mazumdar.
India joined the Wassenaar Arrangement in December 2017 as its 42nd participating state.
Retired Air Marshal PV Iyer met Prime Minister Narendra Modi and on the occasion, Iyer presented a book titled 'Fit At Any Age'.
In this book, Air Marshal P.V. Iyer, a 92-year-old runner, tells us how we can make fitness part of our everyday activities at any age, leaving sufficient time for leisure.
Public sector Indian Overseas Bank has elevated Ajay Kumar Srivastava as its managing director and chief executive officer with effect from January 1, 2023.
Prior to taking up the new role, Mr. Srivastava was serving the Chennai-headquartered bank as its executive director.
Tata Group veteran and Ratan Tata’s close confidant R.K. Krishnakumar(KK) passed away in Mumbai. He was 84.
A Padma Shree Awardee, KK was a director in Tata Sons, the holding company of the Tata Group.
He was instrumental in the acquisition of global tea company Tetley in 2000, that catapulted Tata Global Beverages to be a significant player in the beverages sector.
For several years he was the vice chairman of India Hotels Company Ltd. (IHCL)
The Board of Control for Cricket in India (BCCI) put forth a number of recommendations in the review meeting on January 1 in Mumbai.
One of the recommendations were the introduction of the Yo-Yo Test and Dexa as selection criteria.
Dexa is a type of bone density scan. A type of X-ray called dual energy X-ray absorptiometry is passed through the body during the scan.
Prime Minister, Shri Narendra Modi inaugurated the Dr. Syama Prasad Mookerjee National Institute of Water and Sanitation (SPM-NIWAS) at Joka in Kolkata via video conferencing.
SPM – NIWAS has been set up at a cost of around Rs. 100 Crore, on 8.72 acres of land at Joka, Diamond Harbour Road, Kolkata, West Bengal.
Kolkata-based chess player Koustav Chatterjee became India’s 78th Grandmaster.
Koustav is also the tenth GM from West Bengal.
Koustav secured his final GM norm by drawing with GM Mitrabha Guha in the 10th round of the MPL National chess championship.
He earned his maiden GM-norm in 2021 October at Sheikh Russel GM 2021 in Bangladesh.
Indian-American Rajeev Badyal is among 30 members selected by US Vice President Kamala Harris to serve on National Space Council Users' Advisory Group(UAG). UAG provides the council advice on matters related to space policy and strategy. Badyal presently leads Amazon's Project Kuiper, which aims to increase global broadband access through a constellation of LEO satellites.
The first KR Gouri Amma national award will be given to Cuban social activist Dr Aleida Guevara. She has been an advocate of human rights, running two homes for disabled children in Cuba and two more for refugee children with domestic problems. The pediatric specialist is the daughter of Che Guevara and is an active member of the Cuban Medical Mission.
The award by KR Gouri Amma foundation consists of $3,000, a statute and a citation