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Govt unveils plans to add 250GW renewable energy capacity in next 5 years

The government has announced a plan to add 250 GW of renewable energy capacity in the next five years to achieve its target of 500 GW of clean energy by 2030.

The government has decided to invite bids for 50 GW of renewable energy capacity annually for the next five years i.e., from Financial Year 2023-24 till Financial Year 2027-28.

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India elected as member of UN Statistical Commission Narcotic Drugs and the Programme Coordinating Board of the Joint UN Program

India has been elected as a member of the UN Statistical Commission, the Commission on Narcotic Drugs and the Programme Coordinating Board of the Joint UN Programme on HIV/AIDS (UNAIDS) by the Economic and Social Council ECOSOC of the United Nations.

These are important subsidiary bodies of the ECOSOC.

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Odisha receives investment intent worth Rs 26K crore at business meet in Tokyo

The Odisha government has received investment intents of over Rs 26,000 crore during the Odisha Business Meet, 2023 held in Tokyo.

The state has received the investment intents in the sectors like logistics, metal ancillary, steel, metal downstream, green hydrogen and green ammonia, green energy equipment manufacturing and IT/ITeS.

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RBI Monetary Policy : Status Quo On Repo Rate; Inflation Seen At 5.2%, GDP Growth At 6.5% In FY24

Key takeaways from RBI Governor's speech:

->Decision to keep repo rate unchanged at 6.5% was unanimous.

->The standing deposit facility rate, pegged 25 bps below the repo rate, is at 6.25%.

-> The marginal standing facility rate, which is 25 bps above the repo rate, is at 6.75%.

The MPC decided with 5:1 majority to remain focused on withdrawal of accommodation.

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Peru removed as host of 2023 FIFA Under-17 Men’s World Cup

FIFA has regretfully withdrawn Peru’s hosting rights to the FIFA U-17 World Cup 2023™ following extensive discussions between FIFA and the Peruvian Football Federation (FPF).

The tournament remains scheduled to take place from 10 November to 2 December 2023, but the Bureau of the FIFA Council will now designate a new host in due course.

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DBS Bank India launches 'digiPortfolio' -Asian Wealth Management and Asian Private Banking

DBS Bank India has announced an innovative investment solution, 'digiPortfolio', on its digibank platform.

digiPortfolio uses both technology and human expertise to create a set of investment options curated by Morningstar that match the risk preferences of different investors.

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Sudha Shivkumar takes over as FICCI Ladies Organisation president

Chennai-based Sudha Shivkumar took over as the 40th president of FICCI Ladies Organisation (FLO), the oldest women-led and women-centric business chamber of Southeast Asia, at the 39th annual session.

Under her leadership, the FLO will carry out many interventions towards fostering larger contributions of women in India’s industrial and economic growth story.

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MS Dhoni, Yuvraj Singh and Mithali Raj among five Indians to receive MCC’s honorary life membership

Former India World Cup winning captain MS Dhoni and the 2011 ODI World Cup Player of the tournament, Yuvraj Singh were named among the five Indians to have been inducted with the Marylebone Cricket Club’s (MCC) honorary life membership.

Among the former India women’s cricketers, former India captain Mithali Raj and veteran pacer, Jhulan Goswami were also honored by the MCC.

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International Day of Sport for Development and Peace 2023

International Day of Sport for Development and Peace takes place on 6 April and is observed to celebrate the role of sports and physical activity in individual lives and communities across the globe.

The theme for International Day of Sport for Development and peace for this year is ' scoring for people and planet'.

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Citi launches its branch in GIFT IFSC; to offer financing solutions

Citi launched its branch at Gujarat international Financial Tec-City — International Financial Services Center (GIFT-IFSC).

This branch will offer corporate clients long- and short-term financing solutions through the IFSC branch, while providing an international financial banking experience within the India Standard Time (IST) zone.

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Ashu Khullar, CEO, Citi India.

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Bihar's aromatic 'Marcha Rice' gets GI tag

Bihar's famous 'Marcha Rice' which is known for its aroma and palatability was awarded the Geographical Indication tag, according to the GI registry.

Marcha is a short indigenous cultivar of rice found in West Champaran district of Bihar.

By its size and shape, its grain appears like black pepper so it is known as 'Mircha' or 'Marcha Rice'.

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Skyroot Aerospace Successfully Test Fires Its 3D-Printed Cryogenic Engine — Dhawan-II

Private rocket maker Skyroot Aerospace said it had successfully test-fired its 3D-printed cryogenic engine called Dhawan-II for 200 seconds.

According to Skyroot Aerospace, the test was done at Solar Industries propulsion test facility in Nagpur, Maharashtra, using the company's indigenously developed mobile cryogenic engine test pad.

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