The Ministry of Cooperation signed a Memorandum of Understanding (MoU) with Ministry of Electronics and Information Technology, NABARD and CSC e-Governance Services India Limited to enable Primary Agricultural Credit Societies (PACS) to provide services offered by Common Service Centers.
The Ministry of Housing and Urban Affairs has signed a memorandum of agreement with Engineers India Limited to develop Waste to Energy & bio-methanation projects in cities with a population of million plus. The thrust on sustainable solid waste management is strengthened under the ambit of Swachh Bharat Mission-Urban 2.0, with the overall vision tp create garbage free city.
Former prime minister Dr Manmohan Singh was recently conferred a Lifetime Achievement Honour by the India-UK Achievers Honours in London for his contribution to economic & political life. The India-UK Achievers Honours by NISAU UK, in partnership with the British Council in India & the UK's Department for International Trade honors achievement of Indian's who studied in UK.
Equatorial Guinea has appointed Manuela Roka Botey as prime minister. She became the first woman in the country to hold the position. President Teodoro Obiang Nguema Mbasogo, who has ruled the country since 1979, made the announcement. She replaces former premier Francisco Pascual Obama Asue, who has been in the position since 2016.
Equatorial Guinea Capital: Malabo
Azad Engineering Private Limited, a Hyderabad-based market leader in precision engineering, has been approved as the first Indian company to supply critical rotating parts for nuclear turbines. The company has delivered its first set of critical parts. These will now be assembled on nuclear turbines manufactured in Belfort, France.
In Union Budget 2023-2024, Finance Minster said that the Indian Institute of Technology Madras (IIT Madras) will be provided a grant of Rs 242 crore over a period of five years to undertake research on Lab Grown Diamonds (LGD). This research will be focused on driving indigenization of the LGD manufacturing process.
Payments transactions via the UPI (Unified Payments Interface) network rose 1.3 per cent on-month to a high of nearly ₹13-lakh crore in January. However, the rise was substantially lower than the 7.7 per cent increase seen in the previous month. The volume of transactions rose by 2.6 per cent to 803 crore transactions during the month, according to data by NPCI.
IDFC Ltd said that it is investing Rs 2,200 crore in IDFC First Bank to increase its stake in the bank to 40 per cent from 36.38 per cent currently. The IDFC board also declared a special interim dividend of Rs 11 per share to the stakeholders, due to which the Government of India, the largest shareholder in IDFC, would receive a payout of Rs 287 crore.
India will be invited as the focal country at the Madrid International Book Fair in 2025, the Ambassador of Spain to the country Jose Maria Ridao said. Spain is the theme country at the 46th International Kolkata Book Fair. The envoy also said editions of the prestigious Jaipur Literary Festival will be held in Madrid and another Spanish town later this year.
Assam is hosting its first Sustainable Finance Working Group (SFWG) G20 meeting being held from February 2 and 3. The meeting was inaugurated by Union Minister of AYUSH and Ports, Shipping & Waterways Sarbananda Sonowal. The 1st SFWG meeting is attended in person by 95 delegates from G20 member countries, 10 invitee countries and 14 international organisations.
India’s solar module manufacturing capacity is expected to reach approximately 95 GW by the end of 2025, according to Mercom Capital. According to the report, “State of Solar PV Manufacturing In India” Indian photovoltaic (PV) manufacturers are strategically poised for growth and adoption of new technologies over the next few years thanks to government incentives programmes
The Australian Trade and Investment Commission (Austrade – Australian Government agency) has signed an MoU with the Confederation of Indian Industry (CII) to collaborate on Technical Vocational Education and Training (TVET) programmes. The MoU will focus on Australian training standards and delivery in sectors ranging across automotive, allied health, mining, IT etc.
The Indian military concluded exercise Trishakti Prahar — a joint training exercise — which began in North Bengal on January 21. As per defence sources, the aim of the exercise was to practice battle preparedness of the security forces, using latest weapons and equipment in a networked, integrated environment, involving the Army, the Indian Air Force and CAPFs.
Mobicule, a niche player and expert in debt collection has announced the launch of mCollect Repossession module, an industry first for banks and NBFCs. The revolutionary Asset Repossession Solution is a comprehension solution that maps all the complex processes in repossession of an asset, as a part of its debt collection and recovery product.