Daily News

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Joint Commanders' conference being held at Bhopal in Madhya Pradesh

Prime Minister Narendra Modi addressed the Joint Commanders’ conference of the three services which is being held at Kushabhau Thackeray International Convention Center in Bhopal.

The theme of the conference is ‘Ready, Resurgent, Relevant’.

Commanders of the three services and senior officials of the Ministry of Defense are participating.

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Aditya Birla Health Insurance inks bancassurance partnership with UCO Bank

Aditya Birla Health Insurance Co Ltd (ABHICL), the health insurance joint venture of Aditya Birla Capital Ltd. (ABCL) has announced its bancassurance partnership with leading public sector lender, UCO Bank, for the distribution of health insurance products through the bank’s branches across India.

Did you Know

UCO Bank: MD & CEO - Soma Sankara Prasad;
ABHICL CEO - Mayank Bathwal.

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'War and Women' book by Dr. MA Hasan

A book titled ‘War and Women’ depicting war crimes during the Bangladesh Liberation War was released during the 52nd Session of the UN Human Rights Council in Geneva.

The book written by Dr MA Hasan documents the magnitude of sexual harassment, torture and killings committed by the Pakistan Army during the 1971 Liberation War.

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IOC finally makes Lashinda Demus a 2012 Olympics champion

American runner Lashinda Demus officially became an Olympic champion, at the age of 40 and more than a decade after the 2012 London Games.

Demus was formally reallocated the gold medal in the 400-meter hurdles by the International Olympic Committee (IOC) because of the disqualification of Natalya Antyukh in fallout from the Russian doping scandal.

Did you Know

Zuzana Hejnová of Czechia was upgraded to silver & bronze to Kaliese Spencer of Jamaica.

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India Post Payments Bank launches WhatsApp Banking Services

India Post Payments Bank (IPPB), in collaboration with Airtel, has launched WhatsApp Banking Services to provide easy and convenient banking services to its customers.

With this new service, customers can now easily access various banking services from their WhatsApp account.

Did you Know

IPPB is a public sector bank that was launched in 2018.

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Vice Adm Atul Anand takes over as Director General Naval Operations

Vice Admiral Atul Anand, AVSM, VSM on Saturday assumed charge as the Director General Naval Operations (DGNO).

Vice Admiral Atul Anand was commissioned on January 1 1988 into the Executive Branch of the Indian Navy.

He is a recipient of the Ati Vishisht Seva Medal and Vishisht Seva Medal.

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European Commission grants GI tag for Himachal’s Kangra tea

The European Commission (EC) has granted protected geographical indication (PGI) for India’s unique Kangra tea, which is grown in Himachal Pradesh’s Kangra district.

The EC notified granting PGI on March 22 and this will come into effect from April 11, 2023.

Grown since the mid-19th Century, Kangra tea is known for its unique flavour and taste.

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PM flags off Bhopal-New Delhi Vande Bharat Express at Rani Kamlapati Railway Station

Prime Minister Narendra Modi flagged off the Vande Bharat Express train between Rani Kamlapati Railway Station in Madhya Pradesh and Hazrat Nizamuddin railway station in Delhi. The train will cover a distance of 701 kilometres in 7 hours 30 minutes and will run on all days except Saturday. It will have stoppages at Veerangana Laxmibai Jhansi, Gwalior and Agra.

Did you Know

This will be the 11th Vande Bharat service and 12th Vande Bharat train in the country.

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Indian Oil Corporation Signs Deal With Russia's Rosneft To Raise Oil Imports

Indian Oil Corporation signed a deal to raise oil imports from Russia's Rosneft. Rosneft Oil Company and Indian Oil signed a term agreement to substantially increase oil supplies as well as diversify the grades to India.

Igor Sechin, CEO of Rosneft Oil Company, and Shrikant Madhav Vaidya, Chairman of Indian Oil Corporation Ltd, signed the agreement.

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India’s Current Account Deficit Narrows To 2.2% Of GDP In Q3 FY23

India's current account deficit continued to narrow in the December quarter amid lower merchandise trade deficit, coupled with robust services and private transfer receipts. India’s current account deficit declined to $18.2 billion (2.2% of GDP) in Q3 FY23 from $30.9 billion (3.7% of GDP) in Q2 FY23 and $22.2 billion (2.7% of GDP) a year ago.

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Axis Bank, Shriram Housing Finance enter into co-lending pact

Axis Bank has entered into a co-lending pact with housing finance company Shriram Housing Finance Limited(SHFL), through the YubiCo.Lend platform.

Both the lenders will offer secured MSME and home loans to middle and low-income borrowers in rural and semi-urban regions.

Did you Know

SHFL:
MD & CEO: Ravi Subramanian;
HQ: Chennai.

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LIC, GIC Re, New India Remain Domestic Systemically Important Insurers: IRDAI

LIC, GIC Re., and New India continue to be identified as Domestic Systemically Important Insurers (D-SIIs), as in the 2021-22 list of D-SIIs, the Insurance Regulatory and Development Authority of India said while releasing the list of D-SIIs for the year 2022-23.

It said D-SIIs are perceived as insurers that are "too big or too important to fail."

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India's Defence Exports At An All-Time High Of Rs 15,920 Crore In FY23

Raksha Mantri Rajnath Singh said that India’s defence exports have reached an all-time high of 15 thousand 920 crore rupees in Financial Year 2022-2023.

The country's defence exports in 2021-22 was Rs 12,814 crore, according to official data.

The government has set the target of manufacturing defence hardware worth Rs 1,75,000 crore by FY25.

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1st Disaster Risk Reduction Working Group meeting under India's G20 Presidency held at Gandhinagar in Gujarat

The First Disaster Risk Reduction Working Group meeting under India's G20 Presidency concluded on April 1st at Gandhinagar in Gujarat.

Around 100 delegates from G20 Nations, Invitee Countries, and International Organisations participated in the 3-day event which focused on discussing progress made in implementing the Sendai Framework for Disaster Risk Reduction.

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SEBI Approves Setting Up Rs 33,000-Crore Rescue Facility For Debt Mutual Funds

SEBI approved the setting up of the corporate debt market development fund--an alternative investment fund that will act as a backstop facility for investment-grade corporate debt from specified mutual fund schemes during times of stress.

The initial corpus of the fund will be Rs 3,000 crore, which will be contributed by asset management companies.

Did you Know

SEBI Chairperson: Madhabi Puri Buch.

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World Autism Awareness Day - 2 April

Every year on April 2, World Autism Awareness Day is celebrated across the globe with an aim to spread awareness about Autism Spectrum Disorder (ASD).

This year, the theme for the day is “Transforming the narrative: Contributions at home, at work, in the arts and in policymaking.”

In 2008, UN announced April 2 to be observed as the World Autism Awareness Day.

Did you Know

The day is also one of the only seven official health-specific UN Days.