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Centre extends Piyush Goyal's tenure as National Intelligence Grid chief

The Appointments Committee of the Cabinet (ACC) has approved an extension in Goyal's tenure as the CEO, National Intelligence Grid (NATGRID) beyond March 25, 2024, for a period up to November 19, 2025.

The NATGRID is a federal intelligence gathering organization created to enhance the country's counter-terrorism capabilities.

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MS Swaminathan, father of India’s Green Revolution, passes away at 98

The architect of India’s Green Revolution, Mankombu Sambasivan Swaminathan died in Chennai—a rare scientific luminary who chose to live and work in India. He was 98.

The World Food Foundation honoured him as its first World Food Prize laureate in 1987. In 1971, he won the Ramon Magsaysay Award for being both a 'first-rate scientist' and a 'humanist.'

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RBI imposes penalty on Saraswat Co-operative Bank, Bassein Catholic Co-operative Bank, Rajkot Nagarik Sahakari Bank

The Reserve Bank of India imposed a monetary penalty of ₹23 lakh (Rupees Twenty Three lakh only) on Saraswat Co-operative Bank Limited, Mumbai for contravention of various provisions Banking Regulation Act, 1949 (BR Act), and the directions issued by RBI on 'Loans and advances to directors, their relatives, and firms/concerns in which they are interested'.

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Saregama acquires majority stake in digital entertainment company Pocket Aces

RP-Sanjiv Goenka Group-owned music label Saregama has acquired a majority stake in digital entertainment company Pocket Aces Pictures Pvt Ltd, the company said in a statement. Saregama will acquire 51.8% shares for ₹174 crore with a clear path to further acquire another 41% stake in the next 15 months at pre-agreed multiples. The transaction is an all-cash deal.

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Tamilnad Mercantile Bank MD and CEO S Krishnan resigns

Tamilnad Mercantile Bank Ltd(TMB) announced the resignation of its managing director and CEO, S. Krishnan.

Tamilnad Mercantile Bank Limited is a bank headquartered at Thoothukudi, Tamil Nadu, India.

TMB was founded in 1921 as the Nadar Bank, but changed its name to Tamilnad Mercantile Bank in November 1962.

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International Day of Awareness of Food Loss and Waste | 29 September

On 29 September, the international community celebrates the International Day of Awareness of Food Loss and Waste, recognizing the fundamental role that sustainable food production plays in promoting food security and nutrition. The theme for 2023 is “Reducing food loss and waste: Taking Action to Transform Food Systems”.

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World Heart Day | 29 September

World Heart Day is observed on September 29 every year to raise awareness about heart disease and preventive measures that can help prevent and manage cardiovascular diseases. It was established by the World Heart Federation in 1999. The theme for the World Heart Day 2023 is "Use Heart, Know Heart."

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Indian trio of Sarabjot Singh, Arjun Singh Cheema & Shiva Narwal win gold in Men's 10m air pistol team in Asian Games

The latest gold for India in Asian Games was won by the trio of Sarabjot Singh, Arjun Singh Cheema, and Shiva Narwal in the men's 10m air pistol team event. India's Anush Agarwalla bagged his second equestrian medal, a bronze, after ranking third in the dressage intermediate I freestyle event.

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4th edition of Indo-Latin America Cultural Festival organised by ICCR begins in New Delhi

The fourth edition of Indo-Latin America Cultural Festival organised by the Indian Council for Cultural Relations (ICCR) began in New Delhi. Total 34 artists of three countries - Colombia, Ecuador and Chile are participating in the two-day festival. Indo-Latin America Cultural Festival serves as a testament to the enduring cultural bonds between India and Latin America.

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Uttar Pradesh Achieves 100% ODF Plus Coverage under Swachh Bharat Mission Grameen

Uttar Pradesh has achieved yet another major milestone under the Swachh Bharat Mission (Grameen) Phase II with all 95, 767 villages in the State i.e., 100% villages achieving ODF Plus status under Phase II of the Mission. Uttar Pradesh picked up momentum in current financial year, as on 1st January 2023, the State had only 15,088 villages that had been declared ODF Plus.

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India retains 40th rank in the Global Innovation Index 2023

India retains 40th rank out of 132 economies in the Global Innovation Index 2023 rankings published by the World Intellectual Property Organization. India has been on a rising trajectory, over the past several years in the Global Innovation Index (GII), from a rank of 81 in 2015 to 40 in 2023.

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HP partners with Google to manufacture Chromebooks for Indian market

Global PC maker HP announced a partnership with technology giant Google to manufacture Chromebooks in India, in line with the government's Make in India initiative. The devices will be manufactured at HP's Flex Facility near Chennai. The devices manufactured in India will be sold solely in the Indian market and will not be exported to other countries.

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India's external debt at $629.1 bn at Jun-end, debt-GDP ratio declines: RBI

India's external debt rose marginally to USD 629.1 billion at June-end 2023, although the debt-GDP ratio declined, according to a Reserve Bank data. The debt rose by about USD 4.7 billion from USD 624.3 billion at March-end. The lending to industry – small, medium and large – also slowed to 6.1 per cent Y-o-Y in August 2023 from 11.4 per cent in August 2022.

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Bank credit growth to dip to 13-13.5% in FY24, 13.5-14% in FY25: CRISIL

Bank credit growth is expected to dip to 13-13.5 per cent in the current financial year, before inching up to 13.5-14 per cent in FY25 compared with 15.9 per cent in FY23, according to CRISIL Ratings. The moderation of the credit growth in FY24 will be due to the expected decline in GDP growth to 6 per cent from 7.2 per cent.

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