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World’s highest Chenab rail bridge is ready clearing all tests

Indian Railways has created history by building the world’s highest Chenab Railway Bridge in Jammu and Kashmir.

This bridge has been built between Bakkal and Kauri in Jammu and Kashmir, some 42 km from Reasi district, and on the middle line of Shri Mata Vaishno Devi Katra to Banihal.

The bridge has passed all the mandatory tests.

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Bank Of Baroda Appoints Debadatta Chand As New CEO From July 1

Bank of Baroda has appointed Debadatta Chand as the new managing director and chief executive officer of the bank for a period of three years from the date of assumption of office on or after July 1

He was appointed executive director of the Bank of Baroda and assumed charge on March 10, 2021.

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India Will Get Its Own Index To Quantify Heat Impact Next Year: IMD Chief

India will launch its own composite index next year to quantify the impact of heat on its population and generate impact-based heat wave alerts for specific locations, the India Meteorological Department has said.

The IMD began issuing an experimental heat index for different parts of the country last week, taking into account air temperature and relative humidity .

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India's Green Financing Requirement Estimated At 2.5% Of GDP: RBI Study

India's green financing requirement is estimated to be at least 2.5% of GDP annually till 2030, a Reserve Bank report said.

The Reserve Bank of India's report on Currency and Finance (RCF) for the year 2022-23 covers four major dimensions of climate change to assess future challenges to sustainable high growth in India.

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The country aims to achieve net zero emissions target by 2070.

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Ajay Banga Selected As Next World Bank President

The Executive Directors of the World Bank selected Ajay Banga as President for a five-year term beginning June 2.

In February, President Joe Biden announced that the U.S. would be nominating Banga to lead the World Bank because he is "well equipped" to lead the global institution at "this critical moment in history"

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REC lists $750 million green bonds on international stock exchanges at GIFT City

REC Limited, a Maharatna power finance company has exclusively listed its recently issued Green bonds worth $750 million at GIFT IFSC Stock Exchanges, under its Global Medium Term Programme of $7 billion.

The Green bond issuance by REC Limited reinforces its status as one of the most accomplished and frequent issuers in the international capital markets.

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UK Appoints Harjinder Kang As New Trade Commissioner, Deputy Envoy To India

Harjinder Kang, Britain's Chief Negotiator for the India-UK free trade agreement (FTA) was today named as the country's new Trade Commissioner to South Asia and Deputy High Commissioner for Western India.

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PM Prasad to be next Coal India chief

The Public Enterprises Selection Board (PSEB recommended Central Coalfields CMD Polavarapu Mallikharjuna Prasad as the next Chairman and Managing Director of Coal India (CIL).

Prasad is expected to take the charge of India’s largest coal miner accounting for almost 80 per cent of the mined commodity from July 1.

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Air India, Vistara sign interline partnership; to help domestic, global flyers

Air India on Wednesday that it has entered into an interline partnership with full-service carrier, Vistara, enabling passengers to travel between the two airlines’ network seamlessly.

This will allow Air India’s customers to access Vistara’s domestic network and also give Vistara’s flyers to access over 80 points of Air India’s extensive domestic and global network.

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Zoom gets pan-India telecom licence

Web conference company Zoom Video Communications (ZVC) has secured a pan-India telecom licence that will enable it to offer telephone services as well to enterprise customers.

With these licences, the company will be able to offer its cloud-based private branch exchange (PBX) service 'Zoom Phone' to multinational corporations (MNCs) and businesses operating in India.

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Dubai to host inaugural Global Chess League

The world’s largest and first franchise-based chess league will be held in Dubai from June 21-July 2.

The inaugural Global Chess League will feature six teams with six players each, including a minimum of two female players and one icon player per team.

The six teams will compete in a round-robin format where each team will play 10 matches.

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Leading drone maker ideaForge gets Sebi nod for IPO

Drone maker ideaForge received Sebi's approval to raise funds through IPO.

The market regulator has given a final observation letter to the company and in the regulator's parlance, an observation letter is equivalent to the approval.

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US FDA approves world's first RSV vaccine

The US approved the world's first RSV vaccine that is meant for older adults.

The respiratory virus (RSV) infection is more common among children but at times it also attacks the elderly population.

After the Food and Drug Administration nod, GSK's shot, called Arexvy, becomes the first vaccine to protect older adults against RSV.

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