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Tech Mahindra appoints former Infosys President Mohit Joshi as MD and CEO

Tech Mahindra announced that former Infosys President Mohit Joshi has been appointed as Managing Director and Chief Executive Officer(CEO) of the company and key managerial personnel under the Companies Act, 2013, for a period of 5 (five) years.

Mohit Joshi will take over the charge from C P Gurnani after his retirement.

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RBI approves reappointment of Sumant Kathpalia as MD, CEO of IndusInd Bank

Private lender IndusInd Bank said that the Reserve bank of India had approved the re-appointment of Sumant Kathpalia as management director and chief executive officer of the bank for a further period of 2 years with effect from March 24, 2023.

Established in 1994 by Srichand P Hinduja, the name ‘IndusInd’ Bank was inspired by the Indus Valley Civilisation.

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PM Narendra Modi inaugurates Bengaluru-Mysuru Expressway

Prime Minister Narendra Modi is visiting Mandya to inaugurate the Bengaluru-Mysuru Expressway, which has been developed at a cost of ₹8,480 crore.

The 118 km long project will reduce the travel time between Bengaluru and Mysuru from around 3 hours to about 75 minutes.

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Indonesia's Mount Merapi volcano erupts, covering villages in ash

Indonesia's Mount Merapi, one of the world's most active volcanoes, erupted today, spewing out smoke and ash that blanketed villages near the crater. The volcano is located on Java Island, near Indonesia's cultural capital Yogyakarta.

The volcano's last major eruption in 2010 had claimed more than 300 lives and forced the evacuation of some 280,000 people.

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Indonesia has nearly 130 active volcanoes and sits on the Pacific "Ring of Fire".

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Maharashtra budget 2023: State farmers to now get Rs 12,000 per year cash benefits

Eknath Shinde-Devendra Fadnavis government presented its first budget,a massive ₹5,47,450 crore based on the principle of ‘Panchamrut’, with a focus on farmers,women,tribals, development of the infrastructure with substantial capital investment,employment & eco-friendly development.

Announced Rs.12,000 honorarium per year to farmers under Namo Shetkari Mahasamman Nidhi.

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Deputy Chief Minister Devendra Fadnavis is also the State Finance minister.

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Army installs tallest Iconic National Flag in hilly Doda district, J&K

In Jammu and Kashmir, Army installed the tallest 'Iconic National Flag' in the hilly Doda district today, March 9. The tricolour which has been installed on a 100 feet-high pole is the highest Tricolour in the Doda district.

This was the second such high-mast flag hoisted by the Army in the Chenab valley region.

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As Good As My World, a memoir of KM Chandrasekhar

As Good as My Word by KM Chandrasekhar, who was the Cabinet Secretary from 2007-2011, starts as an autobiography with graphic details of his childhood, schooling and college education, set within the confines of a modest but disciplined Malayali home.

The next part delves into his joining the IAS and the early years in his home state Kerala.

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India’s digital payments market will more than triple to USD 10 trn by 2026: Report

A recent report by PhonePe and Boston Consulting Group concluded that India’s digital payments market will more than triple from USD 3 trillion to USD 10 trillion by 2026.

In a span of just 6 years after launch of UPI in 2016, India primarily a cash-based economy, now leads the world in real-time digital payments, accounting for almost 40 per cent of all such transactions.

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In 2015, the Indian government launched its Digital India programme.

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India's industrial production growth recovers to 5.2% in January

Growth in factory output, or index for industrial production, recovered to a 2-month high of 5.2% in Jan, from 4.7% in December, on the back of a lower base and double-digit growth in the electricity output, the Index of Industrial Production (IIP) data released by the National Statistical Office (NSO) on March 10 showed.

10 of 23 manufacturing sectors contracted in Jan.

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Australia, India sign audiovisual co-production agreement

India and Australia signed an audio-visual co-production agreement that seeks to offer filmmakers financial incentives amounting to up to 30 per cent of the expenditure incurred in the respective countries.

Australia is the 16th country with which India has a co-production agreement that would benefit mainly small filmmakers.

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India, US sign MoU to build resilient supply chain in semiconductor sector

India and the US inked an initial pact on increasing private sector cooperation in the area of semiconductors under which the two countries would facilitate business opportunities and develop an ecosystem with a view to reduce their dependency on China and Taiwan.

Both sides have agreed to set up a semiconductor sub-committee.

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First Edition of Women Icons Leading Swacchata (WINS) Awards 2023 Launched By MoHUA

Union Minister for Housing and Urban Affairs, Hardeep Singh Puri announced the ‘Women Icons Leading Swachhata’ (WINS) Awards 2023 on 7th March 2023.

The WINS Awards 2023 aim to recognize celebrate and disseminate inspiring and exemplary initiatives in urban sanitation and waste management by women led organisations and individual women.

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India has bagged a Golden and Silver Star at the International ‘Golden City Gate Tourism Awards 2023 at ITB, Berlin 2023

The Ministry of Tourism, Government of India, has bagged a Golden and Silver Star at the International ‘Golden City Gate Tourism Awards 2023’ in ‘TV/Cinema Commercials International and Country International’ Category at ITB, Berlin 2023.

The annual award ceremony takes place at ITB Berlin, the world’s leading tourism trade show.

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Rohit Sharma completes 17000 international runs during India vs Australia 4th Test

Team India skipper Rohit Sharma completed 17000 runs in international cricket and became the sixth Indian to achieve the feat after Sachin Tendulkar (34357), Virat Kohli (25047), Rahul Dravid (24208), Sourav Ganguly (18575), and MS Dhoni (17266).

He completed this feat on Day 3 of the fourth Test against Australia at the Narendra Modi Stadium in Ahmedabad.

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Govt notified that entities dealing in virtual digital assets will now be considered ‘reporting entities' under PMLA

Crypto exchanges and intermediaries dealing with virtual digital assets will now be required to perform KYC of their clients and users of the platform.

Currently, apart from banks and financial institutions, entities engaged in real estate and jewellery sectors and casinos are considered ‘reporting entities’ under the Prevention of Money Laundering Act (PMLA).

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