Senior IPS officer Ravi Sinha was appointed as the chief of the country's external spy agency RAW, succeeding Samant Kumar Goel who will complete his four-year tenure on June 30, an official order said.
Sinha's predecessor Goel was appointed RAW chief for two years in June 2019. He was later given two extensions of one year each in 2021 and June 2022.
In the first nine months of FY23, bad or non-performing assets (NPAs) in banks’ credit card segment jumped by Rs 765 crore, or 24.5%, to Rs 3,887 crore.
The risk weight for consumer credit, including personal loans, is 100%. For credit card receivables, it is 125%.
During the COVID-19 pandemic, 46% people borrowed money to run their households.
IndusInd Bank’s multi-partner remittance service platform – Indus Fast Remit (IFR) and Wise Platform – merged to provide NRIs with multi-currency inbound remittance service. Wise Platform, Wise’s infrastructure offering for banks and non-banks, is also being launched in India as a result of the merger of IFR and Wise Platform.
Sumit Seth has been appointed as India's next ambassador to Panama.
Earlier, he served as Deputy Chief of Mission in Yangon, Myanmar. He was also posted at India’s Missions in Madrid, Bogota and Geneva.
Olympian C.A. Bhavani Devi created history by securing India’s first-ever medal — a bronze — at the Asian fencing championships in Wuxi, China
Bhavani lost to Uzbekistan’s Zaynab Dayibekova in a hard-fought semifinal 14-15 of the women’s sabre event, but ensured India its maiden medal in the event.
The United Nations has adopted the first-ever treaty to protect marine life in the high seas. UN Secretary-General António Guterres hailed the historic agreement as giving the ocean a fighting chance.
Delegates from the 193 member nations approved the treaty with jubilation.
India and Sri Lanka look to accelerate implementation of a digital education project in the Galle District.
The project, supported by a grant from the Government of India, aims to enhance digital literacy among students in underprivileged areas.
It is one of several grant projects in the education sector undertaken by the Indian government in Sri Lanka.
The United Arab Emirates and Qatar have reopened their respective embassies in Abu Dhabi and Doha 2023.
This marks the restoration of diplomatic ties between the two countries, which had been severed in 2017.
The reopening of the embassies is based on the Al-Ula agreement, which was signed by the leaders of the GCC countries in January 2021.
Multinational Peacekeeping Joint Exercise “Ex Khaan Quest 2023” featuring participation from military contingents and observers from over 20 countries has commenced in Mongolia.
The exercise is co-sponsored by Mongolian Armed Forces (MAF) and United States Army Pacific Command (USARPAC).
A new curated collection, DAKSHTA (Development of Attitude, Knowledge, Skill for Holistic Transformation in Administration) For Young Professionals, is now Live on the iGOT Karmayogi Platform.
Asian Energy Services Limited (AESL), a leading provider of energy services, announced that it has received a contract from Oil and Natural Gas Corporation (ONGC).
The contract, in the form of a Letter of Award (LOA), is valued at Rs 78.24 crores and entails the provision of 3D Seismic Data Acquisition services in Gujarat.
it added that the contract duration is for 11 months.
HDFC, HDFC Bank, and HDFC Credila Financial Services have announced that they have entered into definitive agreements to sell a 90 per cent stake in HDFC Credila to a private equity investor consortium of BPEA EQT and ChrysCapital at a pre‐money valuation of ₹10,350 crore.
This transaction will infuse primary proceeds of about ₹2,000 crore into the company.
Garden Reach Shipbuilders and Engineers (GRSE) and Kongsberg Maritime (KM), Finland, signed a memorandum of understanding (MoU) for co-production of indigenous Water Jets (WJs) of up to 3.5 MW.
IndiGo, India’s largest airline by market share, has placed a firm order for 500 A320 Family aircraft, setting the record for the biggest single purchase agreement in the history of commercial aviation. The latest agreement takes the total number of Airbus aircraft on order by IndiGo to 1,330, establishing its position as the world’s biggest A320 Family customer.
Dr. Venkataramani Sumantran, Chairman and Non-Executive Independent Director of IndiGo.
The Reserve Bank of India (RBI) imposed a monetary penalty of ₹6.00 lakh (Rupees Six lakh only) on The Urban Co-operative Bank Limited, Rourkela (the bank) for contravention of/ non-adherence with the directions issued by RBI on Know Your Customer (KYC) and Maintenance of Deposit Accounts – Primary (Urban) Co-operative Banks.
World Refugee Day is an international day designated by the United Nations to honour refugees around the globe.
It falls each year on 20 June and celebrates the strength and courage of people who have been forced to flee their home country to escape conflict or persecution.