Daily News

Image

YouTube CEO Susan Wojcicki resigns, Indian-American Neal Mohan to be new CEO

YouTube Chief Executive Officer Susan Wojcicki will be stepping down after nine years at the helm of the world's largest online video platform.

YouTube's chief product officer, Neal Mohan, will be the new head of YouTube.

Wojcicki, who was previously a senior vice president for ad products at Google, became CEO of YouTube in 2014.

Did you Know

Image

World Bank President David Malpass to step down by June 2023

Notably, David Malpass was selected as the 13th President of the World Bank Group by its Board of Executive Directors on April 5, 2019.

The World Bank, a group of 189 nations, lends money to developing countries to help reduce poverty. Former US President Donald Trump appointed Malpass as World Bank chief in 2019 for a five-year period.

Did you Know

Eugene Meyer was nominated and elected as the World Bank's first president in June 1946.

Image

India ranks 47th in OECD's services trade restrictiveness index

Reflecting presence of huge market barriers in the country, India stood at 47th position in Services Trade Restrictiveness Index(STRI) conducted by the Organisation for Economic Cooperation and Development (OECD) for the year 2022. However, there was an improvement from last year's ranking by one position.

Did you Know

OECD, Headquarters: Paris, France;
Founded: 30 September 1961.

Image

The President inaugurates the 2nd Indian Rice Congress in Cuttack

The 2nd Indian Rice Congress-2023 was inaugurated in Cuttack today by the President Smt. Draupadi Murmu in the presence of Odisha Governor Prof. Ganeshi Lal, Union Minister of Agriculture and Farmers Welfare, Shri Narendra Singh Tomar.

The rice production in the country was only 89 million tonnes in 2010, which has increased by 46 percent to 130MT in 2022.

Did you Know

Dr. Himanshu Pathak, Secretary, DARE and Director General of ICAR.

Image

Railways launches Rail Post Gati Shakti Express Cargo

Indian Railways has launched Rail Post Gati Shakti Express Cargo Service to provide seamless logistics for the services sector in the country.

The cargo Service is an initiative of partnership between Indian Railways and India Posts.

Did you Know

Railway Minister- Shri Ashwini Vaishnaw

Image

Tourism Ministry to organise 1st Global Tourism Investors' Summit from May 17 to 19

The Tourism Ministry will organise 1st Global Tourism Investors' Summit from the 17th to 19th of May this year in New Delhi to showcase opportunities in the Tourism and hospitality sector.

The Summit will deliberate on potential opportunities for investment across tourism segments including hotels and restaurants, adventure and eco tourism, cruise and other related tourism

Did you Know

Tourism Minister- G Kishan Reddy

Image

CAQM invokes restriction under GRAP-II as Delhi's air quality deteriorates

The Commission for Air Quality Management (CAQM) has invoked restrictions, including a ban on diesel generator sets, under Stage II of the Graded Response Action Plan (GRAP) in view of an increase in air pollution levels in Delhi.

GRAP is a set of anti-air pollution measures followed in the capital and its vicinity according to the severity of the situation.

Did you Know

Image

Biggest corporate bond deal: HDFC raises Rs 25,000 crore via NCDs

Housing Development Finance Corporation (HDFC) has concluded a sale of 10-year non-convertible debentures (NCDs) worth Rs 25,000 crore, marking the largest domestic rupee bond issuance by a corporate in India.

The housing financier’s bonds carry an annualized coupon or the rate of interest periodically paid out to investors of 7.97 per cent.

Did you Know

Mr. V. Srinivasa Rangan, Executive Director, HDFC

Image

Close on heels of India, US switches to T+1 trade settlement cycle

The US has announced a transition to a shorter T+1 (trade plus one day) settlement cycle. The US Securities and Exchange Commission (SEC) decided to shorten its settlement cycle to one day by May 28, 2024.

The T+1 settlement cycle means that trade-related settlements must be done within a day, or 24 hours, of the completion of a transaction.

Did you Know

Image

‘Lexi’: India’s first AI assistant powered by ChatGPT

Lexi, a ChatGPT-powered AI chatbot, has arrived in India. Velocity, a financial technology firm, launched the chatbot to assist e-commerce owners by presenting them with business information in a simplified manner.

The combination of ChatGPT with Velocity Insights enables eCommerce entrepreneurs by giving AI-powered business insights in a conversational way.

Did you Know

Abhiroop Medhekar, CEO and co-founder of Velocity.

Image

India-Japan joint military exercise ‘Dharma Guardian’ begins

India-Japan joint training exercise “Dharma Guardian" has begun today at Camp Imazu in the Shiga province of Japan from 17 February - 2 March.

It is the 4th edition of the joint military exercise “Dharma Guardian" between India and Japan.

This joint exercise will help develop inter-operability, bonhomie, camaraderie and friendship between the two armies.

Did you Know

Tokyo, Capital of Japan and Yen is the official currency of Japan

Image

Aadhaar Mitra: UIDAI launches new AI chatbot

The Unique Identification Authority of India (UIDAI)has recently launched a new AI backed up chatbot which will help people with their Aadhaar-related queries. Dubbed as 'Aadhaar Mitra', the AI/ML-based chatbot will take up Aadhaar-based queries like tracking Aadhaar PVC status, registering and tracking grievances etc and is aimed to offer a 'better resident experience.'

Did you Know

Dr. Saurabh Garg, CEO UIDAI.

Image

HDFC Bank goes live on 'Rupay Credit on UPI' feature for customers

HDFC Bank and National Payments Corporation of India (NPCI) has announced that HDFC Bank customers can now use their RuPay Credit Card on UPI with BHIM App and other UPI-enabled apps.

With this linkage, HDFC bank has become the first private sector bank in the country to go live on UPI with its RuPay Credit Card.

Did you Know

Image

Karnataka Bank gets Digidhan Award

The Ministry of Electronics & Information Technology has conferred the private sector lender Karnataka Bank with two 'Digidhan awards' for achieving the target with highest percentage in BHIM–UPI transactions under the private sector bank category consecutively for the past two fiscal years.

Did you Know

Mahabaleshwara MS, Managing Director and Chief Executive Officer of Karnataka Bank,