Sultan al-Jaber, the head of state oil giant ADNOC, would act as president of the COP28 climate conference it is hosting this year.
The UAE, a major OPEC oil exporter, will be the second Arab state to host the climate conference after Egypt hosted the United Nations Framework Convention on Climate Change's (UNFCCC) 27th Conference of the Parties (COP 27) in 2022.
Food Safety and Standards Authority of India (FSSAI) has specified the identity standards for Basmati Rice (including Brown Basmati Rice, Milled Basmati Rice, Parboiled Brown Basmati Rice and Milled Parboiled Basmati Rice) for the first time in the country.
These standards will come into force from August 1, 2023.
Export Import Bank of India bank has broken the international bond drought from India by raising $1 billion from investors across the globe. The issuance makes Exim Bank the first Indian issuer to open the markets for dollar and sustainability bond issuances in 2023. It has raised it via a 10-year Sustainability Bond under its Environmental Social Governance-ESG framework.
Nasdaq-listed Cognizant named Ravi Kumar S as its new chief executive officer (CEO) and board member. Kumar succeeds Brian Humphries in both roles. Kumar joins Cognizant in 2022 after a 20-year career at Infosys. The company had previously announced that Kumar would join the company as president, Cognizant Americas.
FIH Men’s Hockey World Cup got off to a colourful start in the historic Barabati stadium in the millennium city of Cuttack in Odisha. The magnificent opening ceremony of the tournament was graced by Odisha chief minister Naveen Patnaik. The state government has built a new hockey stadium in Rourkela ahead of the event. Odisha is hosting the international event after 2018.
Prime Minister Narendra Modi will flag off the MV Ganga Vilas luxury cruise on the world's longest river voyage from Varanasi to Dibrugarh. He will also lay the foundation &inaugurate several projects of inland waterways in Bihar, West Bengal and Assam on this occasion. Setting sail from Varanasi, it will cover 3,200 km in 51 days to reach Dibrugarh in Assam via Bangladesh.
The National Company Law Tribunal (NCLT) approved the merger of multiplex operators PVR and Inox, the two chains said in separate filings to the stock exchanges. On March 27, 2022, PVR and Inox, the country’s largest and second-largest cinema chains, had announced that they proposed to come together, which would result in a network of over 1,500 screens.
The combined entity will be named PVR Inox.
India was among the top five markets, globally, in terms of equity fundraising despite the quantum of funds raised declining by 43 per cent. According to a report by Kotak Investment Banking, funds to the tune of $16.4 billion were transacted via equity capital market activity in India in 2022. Traditionally, India has rarely featured in the top 10 in terms of ECM activity.
The country's largest airline IndiGo and state-owned Coimbatore airport are among the 20 most punctual airlines and airports globally, according to a report. When it comes to On-Time Performance (OTP) in 2022, IndiGo is ranked 15th while Coimbatore airport is at the 13th position, as per the report by aviation analytics firm OAG.
The country's largest lender State Bank of India (SBI), has launched e-Bank Guarantee (e-BG) facility by joining hands with National e-Governance Services Limited (NeSL). With the advent of e-BG, this function will be replaced by e-stamping and e-signature. Currently, the bank issues these guarantees with physical stamping and wet signatures.
Mr. Dinesh Kumar Khara, Chairman, SBI
Mr. Debajyoti Ray Chaudhuri, MD & CEO of NeSL
The government has hiked interest rate on Kisan Vikas Patra for the quarter January – March 2023. The Kisan Vikas Patra is a small savings tool that will make it easier for people to contribute to long-term savings plans. Deposits made into KVP accounts will now earn an interest rate of 7.2% annually compounded.
Kisan Vikas Patra is a saving certificate scheme first launched in 1988 by Indian Posts.
India and Japan are holding the joint Air Exercise, ‘Veer Guardian-2023’ involving the Indian Air Force and Japan Air Self Defence Force (JASDF) at Hyakuri Air Base, Japan from 12th of January. The Joint Exercise which will continue till 26th January aims at promoting Air Defence cooperation between the countries.
President Droupadi Murmu conferred the Pravasi Bhartiya Samman Awards today here upon 27 overseas Indians as part of the Pravasi Bharatiya Divas Convention on Non-Resident Indians, Persons of Indian Origin, or an organization established and run by Non-Resident Indians in recognition of their outstanding achievements both in India and abroad.
Airtel-backed OneWeb successfully launched and deployed 40 satellites onboard a SpaceX launcher, the company confirmed in a statement. The launch was the UK-based satellite network provider’s 16th successful launch, bringing the total number of satellites in its low-Earth orbit (LEO) constellation of satellites up to 542.
PayRup India’s fastest payment app was launched. PayRup is built by cutting-edge technology of web 3.0. It provides advanced digital payment experience with outstanding user experience. PayRup users can pay utility bills and landline bills, recharge their mobile, broadband, DTH, and purchase Gift Cards.
Harry Brook bagged his maiden ICC Men's Player of the Month crown after a blistering run of scores which helped England claim a historic World Test Championship (WTC) series victory in Pakistan. Australia's Ashleigh Gardner secured the ICC Women's Player of the Month award as her contributions with bat and ball guided her side to T20I series victory in India.
The Securities and Exchange Board of India has allowed exchanges to introduce future contracts on Corporate Bond Indices. SEBI had constituted a working group of representatives of NSE, BSE and MSEI to enhance liquidity in the bond market and also to provide opportunity to the investors to hedge their positions.
Professor Rehman Rahi, renowned poet and Kashmir's first Jnanpith awardee passed away at his residence in the Nowshera area of Kashmir. At the time of his death, the globally acclaimed poet was 98 years old. In 2007, he received the highest literary award in the country, the Jnanpith award for his collection 'Siyah Rood Jaeren Manz' (In Black Drizzle).
In 2000 the poet was also honored with the prestigious Padma Shri award.