Daily News

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Sindhu Gangadharan, MD, SAP Labs India appointed as NASSCOM Vice Chairperson

Sindhu Gangadharan, SVP and MD, SAP Labs India and Head, SAP User Enablement, has been appointed as Vice Chairperson of The National Association of Software and Service Companies (nasscom).

Earlier this year, She was appointed as Chairperson of the Nasscom GCC Council 2023-25.

Rajesh Nambiar, Chairman & Managing Director, Cognizant India, is current Chairperson of Nasscom.

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US city declares September 3 as Sanatana Dharma Day amid row in India

Amid a row in India over Sanatana Dharma remarks by Dravida Munnetra Kazhagam (DMK) leader Udhayanidhi Stalin and Congress's Priyank Kharge, a city in the United States has declared September 3 as Sanatana Dharma Day.

The mayor of Louisville, Kentucky in the United States, has declared September 3 as Sanatana Dharma Day in the city.

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Vijayawada gets IGBC’s ‘Green Railway Station’ certification with platinum rating

Vijayawada Railway Station was awarded the ‘Green Railway Station’ certification with the highest rating of Platinum by the Indian Green Building Council (IGBC) for its efforts in improving the environmental standards and providing eco-friendly services to passengers.

This is an upgradation of the station’s ratings, from gold in 2019 to platinum in 2023.

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RBI issues revised norms for classification, valuation of investment by banks

The RBI issued revised norms for classification, valuation, and operation of investment portfolios of commercial banks, aligning them with global standards and best practices.

The revised 'Reserve Bank of India (Classification, Valuation and Operation of Investment Portfolio of Commercial Banks) Directions, 2023' will be applicable from April 1, 2024.

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It will be applicable to all Commercial Banks excluding Regional Rural Banks.

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Cashfree Payments partners with NPCI to launch customer onboarding feature

Fintech company Cashfree Payments has launched ‘AutoPay on QR’ in collaboration with the National Payments Corporation of India (NPCI).

The feature helps in the customer onboarding process through a two-step workflow of scanning the QR code and approving an e-mandate via UPI apps within 30 seconds.

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RITES wins 'Safety Innovation Award 2023

RITES Limited has been honoured with the ‘Safety Innovation Award 2023’, under the 'Construction' category, for implementing ‘Innovative Safety Management Systems’ in its operations.

The award has been presented to RITES’ officials during the inaugural function of the 20th Safety Convention organised by The Institution of Engineers (India).

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Index of Industrial production jumps to five month high by 5.7% in July 2023

The index of industrial production jumped to five month high. As per the Ministry of Statistics and Programme Implementation data, IIP grew by 5.7 percent in July this year as compared to 3.7 percent in June 2023. It was 2.2 percent in July 2022.

Manufacturing sector having 77 percent weightage in IIP grew by 4.6 percent.

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Consensus reached by GCC countries to ratify the Kigali Amendment to the Montreal Protocol

GCC ministers responsible for climate and environment affairs reached a consensus on the Kigali Amendment to the Montreal Protocol on Substances that Deplete the Ozone Layer, during their 25th meeting in the Sultanate of Oman.

The consensus includes a unified position of the GCC and an annex to the mechanisms for ratifying the Kigali Amendments

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The Kigali Amendment will help curb up to 0.4°C of global warming in this century .

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62nd edition of Subroto Cup International Football Tournament will be held from 19th September

The 62nd edition of the Subroto Cup International Football Tournament will be held from 19th September this year.

A total of 109 teams from 27 States and Union Territories will participate in the tournament. Under - 17 Junior Boys and Girls tournaments will be held in Delhi and Gurugram, While Under-14 Sub Junior Boys Competition will be held in Bengaluru.

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Fourth G20 Sustainable Finance Working Group Meeting begins in Varanasi

The 4th G20 Sustainable Finance Working Group Meeting begun today in Varanasi, Uttar Pradesh to finalize the 2023 G20 Sustainable Finance Report.

Three priority areas have been outlined for the SFWG meeting.

The two-day meeting under India’s G20 Presidency brings together over 80 delegates from G20 member countries, special invitee countries and International Organisations.

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Ministry of Labour and Employment signs Memorandum of Understanding (MoUs) with various Private Job Portals/Employers

The Ministry of Labour and Employment signed Memorandum of Understanding (MoU) with leading private job portals, companies/employers and skill providers to integrate with National Career Service (NCS) portal of the Ministry.

The objective of MoUs is to enhance employment opportunities and services for jobseekers on NCS portal.

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IICA and UNICEF jointly organize workshop on Business Responsibility and Sustainability Reporting (BRSR)

Indian Institute of Corporate Affairs (IICA), organised a workshop on Business Responsibility and Sustainability Reporting (BRSR) in collaboration with UNICEF and National Stock Exchange at the NSE premises in Mumbai.

The workshop aimed to provide a comprehensive understanding of the BRSR framework.

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Bharti AXA Life Insurance unveils Income Laabh to provide both income and insurance benefits

Bharti AXA Life Insurance has unveiled a new product, Bharti AXA Life Income Laabh to simplify insurance and provide optimal protection to its customers.

This plan addresses the twin goals of providing financial protection and ensuring a steady income stream

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Tata Power Solar and SIDBI Ink MoU to Facilitate Affordable Solar Adoption Financing for MSMEs

Tata Power Solar Systems Limited (TPSSL) has signed a Memorandum of Understanding (MoU) with the Small Industries Development Bank of India (SIDBI) to provide streamlined financing options for Micro, Small & Medium Enterprises (MSMEs) interested in adopting rooftop solar photovoltaic (PV) plants and related services.

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UNDP India partners with NABARD to boost data-driven innovations in agriculture

The United Nations Development Programme and the National Bank for Agriculture and Rural Development have signed an MoU to co-create data-driven innovations in agriculture and food systems to support smallholder farmers.

The partnership includes enhancing and disseminating collaborative digital public goods like DiCRA (Data in Climate Resilient Agriculture).

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Mr Shaji KV, Chairman of NABARD

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India, Saudi Arabia sign MoU on bilateral cooperation in areas of renewable energy

India and Saudi inked a Memorandum of Understanding (MoU) to step up bilateral cooperation in the areas of renewable energy, hydrogen and electricity as well as for power grid interconnection between the two countries.

The MoU was signed as Prime Minister Narendra Modi had a meeting with the Crown Prince of Saudi Arabia Mohammed bin Salman Al Saud.

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