Daily News

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Axis Bank appoints ex RBI Deputy Governor N S Vishwanathan as non-executive, part time chairman

The Board of Directors of Axis Bank at its approved the appointment of N. S. Vishwanathan, Independent Director as the Non-Executive (Part-time) Chairman of the Bank for a period of three years.

Other than Axis Bank, Vishwanathan, in April 2023 was appointed as head of the advisory board at Razorpay.

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Amitabh Chaudhry, MD & CEO, Axis Bank.

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NITI Aayog, UN sign the GoI-UN Sustainable Development Cooperation Framework

The Sustainable Development Cooperation Framework 2023-2027 between the Government of India and the United Nations was signed today by NITI Aayog and the UN office.

According to the release, the GoI-UNSDCF 2023-2027 is built on four strategic pillars derived from the 2030 Agenda – People, Prosperity, Planet and Participation.

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Vice Chairman of NITI Aayog, Suman Bery.
B V R Subrahmanyam, CEO, of NITI Aayog.

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RBI Imposes Rs 20 Lakh Penalty On Manappuram Finance

The Reserve Bank has imposed a penalty of Rs 20 lakh on Manappuram Finance for non-compliance with certain provisions of the NBFC norms.

This penalty on the Thrissur-based gold loan company, which by AUM is the second largest such pure-play lender.

The Reserve Bank of India conducted a statutory inspection of the company concerning its financial position as of March 2021.

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RBI approves P N Vasudevan's re-appointment as MD & CEO of Equitas Small Finance Bank

The Reserve Bank of India (RBI) approved the reappointment of P Vasudevan as Managing Director and CEO of Equitas Small Finance Bank. Vasudevan has been reappointed for a period of three years, from July 23, 2023, to July 23, 2026.

In December 2022, the bank announced that PN Vasudevan had decided to remain as MD and CEO of the bank in response to the Board's suggestions.

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Meta introduces text-to-speech generative AI model Voicebox

Meta has announced the ‘state of the art’ generative AI model Voicebox which converts text to speech and includes features to edit audio and work across languages. The multilingual model can also produce speech in English, French, German, Spanish, Polish, or Portuguese.

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Meta builds technologies that help people connect and businesses grow.

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Remains of new species of duck-billed dinosaur found in Chile

Remains of a species of herbivorous dinosaur previously unknown in the southern hemisphere have been discovered in Chile, challenging long-held beliefs about the range of duck-billed dinosaurs, The discovery showed that Chilean Patagonia served as a refuge for very ancient species of hadrosaurs.

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‘onkoken nanoi' is the name of this new dinosaur species.

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Vice President Jagdeep Dhankhar presents National Water Awards in New Delhi

Vice President Jagdeep Dhankhar conferred the fourth National Water Awards in New Delhi today, June 17. The Jal Shakti Ministry had announced a total of 41 winners, covering 11 categories, including joint winners, for the National Water Awards, 2022.

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Smt. Annapurna Devi inaugurates the multimedia exhibition

Union Minister of State for Education Smt. Annapurna Devi inaugurates the multimedia exhibition showcasing best practices in education, FLN, digital initiatives, research and skill development. The multimedia exhibition with focus on foundational literacy will be held here in Pune.

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National Working Plan Code-2023 released for scientific management of forests and evolving new approaches

The Ministry of Environment, Forest & Climate change has released the “National Working Plan Code-2023” for scientific management of forests and evolving new approaches.

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Passengers carried by Domestic airlines registered an annual growth of 36.10% and monthly growth of 15.24%

The Civil Aviation sector in the country has witnessed an impressive growth, with the number of passengers carried by Domestic airlines growing substantially. Based on the traffic data provided by different Domestic airlines, the passenger count reached an impressive milestone of 636.07 lakhs during January-May 2023, reflecting a significant annual growth rate of 36.10%.

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Nehru Memorial Museum and Library Society renamed as Prime Ministers’ Museum and Library Society

In a special meeting of the Nehru Memorial Museum and Library Society, it was resolved to change its name to Prime Ministers’ Museum and Library Society. The Special Meeting was presided over by Defence Minister, Shri Rajnath Singh who is the Vice-President of the Society.

Did you Know

Balram Nanda was the founder-director of the Nehru memorial museum and Library.

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NTPC Vidyut Vyapar Nigam Limited commissions 1 MW Rooftop Solar Power Project at IIT Jodhpur.

NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly owned subsidiary of NTPC, has commissioned its first Rooftop Solar Photovoltaic Project at IIT Jodhpur, Rajasthan to meet 15% of IIT’s electricity requirements.

Did you Know

NVVN is trading in gypsum and is now diversifying into renewables, e-mobility, etc.

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World Day To Combat Desertification and Drought 2023

World Day to Combat Desertification and Drought 2023 is celebrated every year on June 17 to promote public awareness of international efforts to combat desertification.

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Anjali Devi Wins Stunning 400m Gold In National Inter-State Championship

The 24-year-old Anjali, who last ran a 400m race in October 2019 at the Indian Open Championships in Ranchi, clocked 51.58 seconds to beat the up-and-coming Haimashi Malik (51.76s) for the gold medal at the Kalinga Stadium in Bhubaneswar.

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Bronze was won by R Vithya Ramraj (52.49) of Tamil Nadu