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G-20 Disaster Working Group Meet To Be Held In Mumbai

The second meeting of the G-20 Disaster Risk Reduction Working Group will be held in Mumbai from May 23 to 25.

More than 120 members will attend this meeting and on the sidelines of this meeting, representatives of the Working Group will visit BMC headquarters too.

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Government Decides To Extend Smart Cities Mission Deadline Till June 2024

The Union Housing and Urban Affairs Ministry has decided to extend the deadline for the Smart Cities Mission till June 2024, following requests from some cities that sought more time to complete their ongoing projects.

The existing deadline of the Mission was June 2023.

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SEBI Slaps Rs 10 Lakh Fine On Angel Broking For Flouting Regulatory Norms

Capital markets regulator SEBI has slapped a fine of Rs 10 lakh on brokerage firm Angel Broking Ltd. for alleged violation of regulatory norms.

Angel Broking (now known as Angel One Ltd.) is a SEBI-registered stock and commodity broker. The firm is listed on both the bourses--BSE and NSE.

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Airtel Partners With Bridgepointe Tech Under Global Channel Partners Programme

Telecom operator Bharti Airtel announced a strategic partnership with tech advisory firm Bridgepointe Technologies, in a move that will enable U.S. enterprises keen on expanding into India and Africa to leverage Airtel’s digital infrastructure solution.

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India's Exports To UAE May Reach $50 Billion By 2026-27

India's exports to the UAE are expected to reach $50 billion by 2026-27 from $31.3 billion at present on the back of the free trade agreement between the countries.

The India-UAE Comprehensive Economic Partnership Agreement (CEPA) which was signed between the two nations on Feb. 18, 2022, officially came into force on May 1 last year.

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India, Russia To Explore Possibility Of Accepting RuPay And Mir Card

India and Russia will explore the possibility of accepting RuPay and Mir cards in each other's country for hassle-free payments amid sanctions imposed by the West on Moscow.

The mutual acceptance of RuPay (India) and Mir cards (Russia) will help Indian and Russian citizens to make hassle-free payments in Indian rupees and Russian ruble in their respective countries.

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BharatPe buys 51% stake in Trillion Loans

Fintech firm BharatPe has completed the acquisition of a 51% stake in Mumbai-based non-banking financial company Trillion Loans.

Post the acquisition, Trillion Loans will operate as an independent entity with its own team under the supervision of the Board.

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Airtel to merge Sri Lanka ops with Dialog to make nation's largest telco

Bharti Airtel announced the merger of operations of Bharti Airtel Lanka, with Dialog — a subsidiary of Malaysian multinational telecommunications conglomerate Axiata Group Berhad.

Bharti Airtel Lanka is a wholly owned subsidiary of Bharti Airtel, which began commercial operations in Sri Lanka in 2009.

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Government cuts windfall tax on petroleum crude

India has cut the windfall tax on petroleum crude to 4,100 rupees ($50.14) per tonne from 6,400 rupees per tonne.

The government left the windfall tax on petrol, diesel and aviation turbine fuel at zero.

The government revises tax rates fortnightly based on oil price fluctuations

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India hands over two ships to Maldives, AN-32 propellers to SL

Defence Minister Rajnath Singh handed over two ships to the Maldives a fast patrol ship and landing craft assault ship at function in the island nation.

The fast patrol ship is capable of coastal and offshore surveillance at high speed. It was commissioned as a coast guard ship in the Maldives National Defence Forces.

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UGC launches 'CU-Chayan', a unified faculty recruitment portal for central universities

The University Grants Commission (UGC) has launched a new portal named ‘CU-Chayan’ for faculty appointments in central varsities.

The portal will offer a range of features including a consolidated listing of job openings across all participating universities.

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Wayanad tops Swachh Bharat’s ODF Plus rankings

Wayanad has become the first district in the country to be declared ODF (open defecation-free) Plus.

Wayanad district has come first in the ODF Plus rankings of the Swachh Bharat Mission in three-star category, followed by Mancheriyal district in Maharashtra and Anupur in Madhya Pradesh.

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China, Russia, Pakistan Foreign Ministers to attend May 4 SCO meet in Goa

India will host the foreign ministers of the Shanghai Cooperation Organisation (SCO) nations at a two-day conclave in Goa beginning amid an escalating confrontation between Russia and the West over the war in Ukraine and concerns over China's expansionist behaviour.

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India’s ranking in World Press Freedom Index falls to 161 out of 180 nations

India’s ranking in the 2023 World Press Freedom Index has slipped to 161 out of 180 countries, according to the latest report released by global media watchdog Reporters Without Borders (RSF). In 2022, India was ranked at 150.

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