Daily News

Image

Tushar Mehta re-appointed as Solicitor General for India, six ASGs for Supreme Court re-appointed

The Appointments Committee of the Union Cabinet on Friday approved the re-appointment of Tushar Mehta as Solicitor General for India, for a period of three years.

Vikramjit Banerjee, KM Nataraj, Balbir Singh, SV Raju, N Venkataraman and Aishwarya Bhati have been re-appointed as Additional Solicitors General (ASGs).

Did you Know

Solicitor General is the second most senior law officer after Attorney General.

Image

Boxing champion Mary Kom named Global Indian Icon at U.K.-India Awards

Sporting legend and India’s first-ever Olympic medallist in women’s boxing, MC Mary Kom, has been honoured with the Global Indian Icon of the Year award at the annual U.K.-India Awards in Windsor, south-eastern England.

The awards, now in their fifth year, honuors leaders who strengthen bilateral ties in various sectors.

She has won six women’s world championship titles.

Did you Know

She clinched 🥉bronze medal at the London 2012 Olympic Games.

Image

Dream11 secures BCCI lead sponsor rights for Rs 358 crore

Fantasy gaming platform Dream11 on Friday won the Board of Control for Cricket in India (BCCI)'s lead sponsor rights for Rs 358 crore.

Byju's had an optional agreement with the BCCI until November, but they decided to end the contract in March. Since then, Team India has been without a jersey sponsor and even played the recent World Test Championship final without one.

Did you Know

Image

National Doctors Day - July 1

Government of India designated July 1st as National Doctor's Day in 1991 to commemorate the birth and death anniversary of Dr Bidhan Chandra Roy, one of India's most renowned physicians and the second Chief Minister of West Bengal.

Roy was awarded the Bharat Ratna in 1961.

This year's theme for National Doctor's Day is “Celebrating Resilience and Healing Hands".

Did you Know

Image

National Chartered Accountants Day or CA Day - July 1

CA Day is observed every year on July 1 to mark the establishment of the Institute of Chartered Accountants of India (ICAI) in 1949 by an Act of Parliament in India.

ICAI is the second-largest professional body of Chartered Accountants in the world.

To commemorate the start of its 75th-year celebrations, ICAI unveiled a new logo with the tagline: '75 Years of Trust'.

Did you Know

ICAI functions under the administrative control of the ministry of corporate affairs.

Image

Index of Eight Core Industries (Base: 2011-12=100) for May, 2023

The Index of Eight Core Industries (ICI), which measures the combined and individual performance of key sectors in the Indian economy, showed a growth of 4.3 percent in May 2023 compared to May 2022.

Cement production, with a weightage of 5.37 percent, saw the highest growth rate of 15.5 percent. Steel production, accounting for 17.92 percent, increased by 9.2 percent.

Did you Know

Image

International Tracked Packet Service between India Post and Canada Post

India Post entered into an agreement with Canada Post to introduce International Tracked Packet Service (ITPS) between the two countries to facilitate e-commerce exports.

The service will be operational with effect from July 01, 2023.

India Post already provides this service with 38 partner countries and Canada will be the 39th.

Did you Know

Image

Home Minister Amit Shah approves release of Rs 6,194 cr disaster relief fund to 19 states

Home Minister Amit Shah today approved the release of over Rs 6,194 crore to 19 State governments under the State Disaster Response Fund(SDRF).

The amount includes Rs 1,209.60 crore as central share of SDRF to four states -- Chhattisgarh, Meghalaya, Telangana and Uttar Pradesh -- for 2022-23.

Did you Know

Image

Government notifies draft framework for formation of India's first carbon market

The Union ministry of power has notified the much-anticipated carbon credit trading scheme, 2023.

The notification said the Centre will constitute a “National Steering Committee for the Indian carbon market" to govern and oversee the functions of the market.

The secretary, ministry of power will be the ex-officio chairperson of the committee.

Did you Know

Central Electricity Regulatory Commission (CERC) has been mandated to regulate the market

Image

Defence ministry inks Rs 2,725 cr contract with MDL for refit of submarine

The Ministry of Defence signed a contract on June 30 for medium refit with life certification (MRLC) of sub-surface killer class of submarine INS Shankush with M/S Mazagon Dock Shipbuilders Ltd, Mumbai at an overall cost of Rs 2,725 crore.

Shankush is a Sub-Surface Killer (SSK) class submarine.

The submarine post MRLC will be delivered in 2026.

Did you Know

Image

Govt raises rates on select small savings schemes for July-Sept quarter of FY24

The finance ministry on June 30 increased the interest rates for the one-year and two-year deposits were raised by 10 basis points (bps) each to 6.9% and 7%, respectively, while small savings rate for the five-year recurring deposit was raised by 30 bps to 6.5%.

The interest rates on PPF, Sukanya Samriddhi Yojana and NSC were kept the same at 7.1%, 8% and 7.7%.

Did you Know

Image

Paytm partners with Shriram Finance to strengthen loan distribution among small businesses

One97 Communications Ltd, the parent company of Paytm, entered into a strategic partnership with retail non-banking finance major Shriram Finance to offer financial services to its users, including loan products.

In December 2022, Shriram Finance became the largest retail NBFC in India after its merger with Shriram Transport Finance Ltd and Shriram City Union Finance.

Did you Know

Vijay Shekhar Sharma is Founder and CEO of Paytm.

Image

Centre announces Tomato Grand Challenge hackathon

The Centre has announced the Tomato Grand Challenge (TGC) hackathon aimed at addressing the availability and affordability of tomatoes for consumers and ensuring fair value for tomato farmers. The challenge has invited innovative ideas across the tomato value chain. Winning ideas will be evaluated, developed into prototypes, and implemented on a large scale.

Did you Know

Image

India beat Iran to win Asian Kabaddi Championship in Busan, South Korea

The Indian men’s kabaddi team won the 11th edition of the Asian Kabaddi Championship beating Iran 42-32 in the final in Busan, South Korea.

This is India’s eighth title in nine editions.

Six teams - India, Iran, Japan, Korea, Chinese Taipei and Hong Kong - participated in the Championships.

Did you Know

Pawan Sehrawat was the captain of Indian Kabbadi team in this tournament.

Image

Indian javelin thrower Neeraj Chopra clinches Lausanne Diamond League title.

Neeraj Chopra clinched the Lausanne Diamond League 2023 title with the best throw of 87.66 meters in the 5th attempt. This is his second successive Diamond League victory.

Germany’s Julian Webber slid secured second place with a best throw of 87.03 meter while Jakub Vadlech of the Czech Republic got third place with an 86.13 meter throw.

Did you Know

In September 2022, Neeraj became the first Indian athlete to win the Diamond Trophy.