Daily News

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Government Approves Draft Notification For Mandating Air-Conditioned Truck Cabins

Union Minister Nitin Gadkari said that the draft notification to mandate the installation of air-conditioning systems in the cabins of trucks has been approved.

This decision marks a significant milestone in providing comfortable working conditions for truck drivers, thereby improving their efficiency and addressing the problem of driver fatigue.

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The draft prepared includes trucks under categories N2 and N3.

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Taiwanese EV Giant Gogoro Signs $1.5 Billion Mega Deal With Maharashtra To Manufacture Vehicles, Smart Battery Packs

Gogoro, a Taiwanese-based battery-swapping service provider and two-wheeler manufacturer, has entered in to an agreement with Maharashtra government to invest $1.5 billion in the cities of Pune and Aurangabad over the next eight years to manufacture electric vehicles, smart battery packs, and battery swap stations.

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Carl Zeiss To Invest 250 Million Euros In India To Build Its Largest Lens Factory

Carl Zeiss India is set to construct its largest spectacle lens production facility in Bengaluru, with an investment of over 250 million euros.

The construction of the facility will commence next month on the land acquired two years ago. The expected completion date for the project is October 2024.

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World Population Day II 11 JULY

World Population Day is observed on July 11 each year.

World Population Day serves as a reminder to work towards addressing these issues and striving for a better future for everyone on the planet.

The annual observance aims to raise awareness and educate people about the global population and its associated challenges.

Did you Know

The United Nations established World Population Day in 1989

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Amit Shah to inaugurate conclave on Primary Agricultural Credit Societies on July 14

Union Home and Cooperation Minister Amit Shah will inaugurate a day-long conclave to discuss ways to strengthen Primary Agricultural Credit Societies (PACS) through Farmer Producer Organisations (FPOs) in the national capital.

The PACS have a huge member base of around 13 crore farmers, out of which more than 86 percent of farmers in the country are small and marginal.

Did you Know

Currently, there are more than 95000 PACS, of which only about 63,000 PACS are functional

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ONGC becomes India's first PSU to get certified for Anti-Bribery Management System

Oil and Natural Gas Corporation (ONGC) has become the first Central Public Sector Enterprise (CPSE) in India to get certified for Anti-Bribery Management System (ABMS) by an international accredited certification body InterCert USA.

Earlier in 2005, ONGC was the first organization in India that adopted the Integrity Pact (IP) by Transparency International.

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SBI appoints Abhijit Chakravorty as SBI Card's CEO

SBI Card said its parent State Bank of India (SBI) has appointed Abhijit Chakravorty as Managing Director and CEO.

He will replace Rama Mohan Rao Amara, who will cease to be MD from August 11.

Chakravorty's appointment would be effective from August 12 for a period of two years.

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GACL flags Off the first dispatch of import substitute Hydrazine Hydrate and Purified Phosphoric Acid

Gujarat Alkalies and Chemicals Limited (GACL) flagged off the first lot of Hydrazine Hydrate (80%) and Purified Phosphoric Acid (85%).

Hydrazine Hydrate as an import substitute product with world-class quality will help in reducing the country's dependency on imports, thereby saving valuable foreign exchange.

Did you Know

Currently, India is importing Hydrazine Hydrate from Europe and other countries.

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Canara Bank to sign ₹3,000 crore IT transformation deal

Public sector bank Canara Bank will be signing a ₹3,000 crore IT transformation deal to revamp and enhance its tech infrastructure, according to sources familiar with the development.

In a highly competitive bidding race, global tech giants IBM and its managed infrastructure services spin-off Kyndryl are the frontrunners, positioning themselves to secure the partnership

Did you Know

K Satyanarayana Raju, MD and CEO of Canara Bank

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Urban 20 (U20) Mayoral Summit concludes with handover of the Communiqué to G20 Leaders

The two-day Urban 20 Mayoral Summit, hosted by the chair city Ahmedabad, in Gandhinagar , concluded with the handover of the Communiqué from the Mayors to G20 leaders.

The Communique was officially endorsed by 105 cities across the world, the highest ever number of endorsements received to date for any U20 Communiqué.

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The Communiqué is aligned with the G20 theme of “Vasudhaiva Kutumbakam”

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NATO leaders gather in Lithuania for key summit

NATO leaders are gathering in Lithuania for a crucial summit that could shape the direction of the war in Ukraine and the future of the Western alliance.

The 31 allies hope to show Russia they have the resolve to support Ukraine militarily for the long term.

They arrive with a welcome boost after Turkey dropped its objections to Sweden joining the alliance.

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India and Bangladesh start bilateral trade in rupees

India and Bangladesh have started bilateral trade in rupees. It was launched at an event jointly organised by Bangladesh Bank and High Commission of India in Dhaka.

Trade settlement through Indian rupee will only apply to export amount from Bangladesh while the rest of imports from India will be settled in US dollars

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Archery: Parth Salunkhe becomes first Indian to win Youth World Championship

Parth Salunkhe became the first Indian male archer to win a gold in the recurve category of the Youth World Championships as the country’s contingent finished with its highest-ever tally of 11 medals.

The 19-year-old from Satara in Maharashtra provided the perfect icing on the cake by defeating a Korean in the Under-21 men’s recurve individual final.

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India to surpass US to become world's 2nd largest economy by 2075: Goldman Sachs

Goldman Sachs said India, the fifth-largest economy, will become the second largest economy in the world by 2075 surpassing not only Japan and Germany but also the United States.

According to the investment bank report the innovation and technology, higher capital investment and rising worker productivity to increase drastically due to the burgeoning population.

Did you Know

Currently India is the world’s fifth-largest economy, behind Germany, Japan, China and US