NBFC IIFL Finance secured USD 100 million (about Rs 819 crore) in long-term funding from Export Development Canada and Deutsche Bank. It has received USD 50 million each from Export Development Canada and Deutsche Bank, and this round is the second investment by the Canadian institution, Canadian institution, which had invested USD 100 million in 2019.
The Reserve Bank of India has imposed a fine of ₹6.77 crore on Mahindra & Mahindra Financial Services Ltd, Mumbai for not disclosing interest rates to borrowers at the time of sanctioning loans, a release from the central bank.
On Indian Bank, a penalty of ₹55 lakh was imposed by the central bank for contravention of certain Know Your Customer (KYC)) norms.
Every year, World Health day is celebrated on 7th April to coincide with the setting up of the World Health Organization, WHO in 1948.
The theme this year is Health for All.
This year the world health body is observing its 75th anniversary.
Reserve Bank of India will launch a secured web-based centralized portal named ‘PRAVAAH’ to simplify and streamline application processes.
The portal will show time limits for deciding on the applications/approvals sought.
This measure will bring greater efficiencies into regulatory processes and facilitate ease of doing business for the regulated entities of RBI.
The government has amended the domestic pricing model of natural gas in line with the recommendations of the Kirit Parikh committee on gas pricing.
Prices of domestic natural gas will now be announced every month, and be pegged at 10 per cent of the international price of the Indian crude basket.
Union government has approved the Indian Space Policy 2023, which aims to boost the country's space department's role and give a larger participation to research, academia, startups, and industry.
The policy lays down the roles and responsibilities of organizations such as the Indian Space Research Organisation (ISRO), and private sector entities.
Delhi airport has emerged as the ninth busiest airport in the world in 2022 with passenger traffic of more than 5.94 crore, according to Airports Council International (ACI) list.
The IGI Airport was also the only airport from south and southeast Asia to make the top 10 list.
Tripura has been awarded as the best performing state among North Eastern states in implementation of e-procurement.
In this context, Tripura has been rewarded for completing the work in stipulated time under Saubhagya Yojana of the Electricity Department.
The Information and Broadcasting Ministry and Amazon India have signed a collaboration agreement in New Delhi to boost India’s creative economy and promote creative talent in the country.
Aleksander Ceferin was re-elected as UEFA president unopposed during the Ordinary Congress of European soccer's governing body in Lisbon.
He has been re-elected for a four-year term until 2027.
Ceferin was elected UEFA's seventh president in 2016 to replace Michel Platini, who was banned from soccer administration in 2015.
World champions Argentina dethroned Brazil and returned to the top of the FIFA rankings after a six-year gap.
Argentina, who won last year's World Cup in Qatar by beating France in the final, achieved the No. 1 spot after Lionel Scaloni's side beat Panama 2-0 and Curacao 7-0 in friendlies.
The Sports Authority of India (SAI) has integrated Khelo India Games Certificates with DigiLocker for the first time.
With this, now the Khelo India Games participating athletes and other stakeholders will be able to access their certificates of merit and participation from the Khelo India Youth Games 2022 in Madhya Pradesh onwards.
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Global merchandise trade is projected to grow 1.7 per cent, down from 2.7 per cent in 2022, as per WTO.
Factors contributing to the sluggish growth include the war in Ukraine, inflation, tighter monetary policy, among others.
Real global GDP growth is forecast to be 2.4 per cent for 2023.
New Zealand’s Kim Cotton became the first woman on-field umpire in a full-member men’s T20I during New Zealand’s second match against Sri Lanka in Dunedin.
Cotton, 48, has previously officiated in 54 women’s T20Is, both as an on-field and TV umpire, besides 24 women’s ODIs since 2018.
An Indian-American physician and professor has been honoured with the Young Urologist of the Year Award conferred by the American Urological Association.
Dr. Nitya Abraham is an Associate Professor at Albert Einstein College of Medicine and Program Director for the Montefiore Urology residency programme.