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Indian Bank signs inventory financing pact with Tata Motor’s arms

Indian Bank Ltd signed an agreement with Tata Motors Passenger Vehicles Ltd and Tata Passenger Electric Mobility Ltd to provide inventory financing solutions to their authorised dealers for electric as well as other passenger vehicles.

The PSU lender will provide the two wholly-owned subsidiaries of Tata Motors Ltd with inventory financing solutions through its digital SCF.

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ADB joins hand with Bengal Govt to undertake study for development of economic corridors

The Asian Development Bank (ADB) has joined hands with the West Bengal government to undertake a study for the development of economic corridors in the state.

The ADB has worked on a number of landmark projects, including the East Coast Economic Corridor and the Bangladesh Corridor study.

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Ircon and RITES attains Navratna Status for Public Sector Enterprises

Ircon International Limited and RITES Ltd under the Ministry of Railways, have been announced as the 15th and 16th Navratna among Central Public Sector Enterprise.

Both the companies have been conferred Navratna status by the Ministry of Finance.

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Dubai Soars as World's Fastest-Recovering Services Hub in 2023

Dubai, a global economic powerhouse, has proven its mettle as the world's fastest-recovering destination in the services sector, marking an impressive growth rate of 3.2% in the first half of 2023.

This achievement has underpinned Dubai's standing as a leading city that defies economic challenges, driven by visionary leadership.

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Skill India Partners With Coca-Cola India To Launch Retailer Skill Development Program

To empower the retailer community in the states of Odisha and Uttar Pradesh, the National Skill Development Corporation, working under the aegis of the Ministry of Skill Development & Entrepreneurship, announced a partnership with Coca-Cola India to launch the Super Power Retailer Program under the Skill India Mission.

The program is being piloted in the state of Odisha.

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A group of scientists has discovered a new and rare species of toad in the Dampa Tiger Reserve, a forest located in the eastern

A group of scientists has discovered a new and rare species of toad in the Dampa Tiger Reserve, a forest located in the eastern Indian state of Mizoram.

The species will be known as Bufoides bhupathyi, named after known Indian herpetologist Subramanian Bhupathy.

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India has assumed the position of Vice Chair in the Indian Ocean Rim Association (IORA)

The 23rd Council of Ministers of IORA met in Colombo as Sri Lanka assumed the chairmanship from Bangladesh.

The Council of Ministers is the highest decision-making body of IORA.

India has assumed the Vice Chair in the Indian Ocean Rim Association (IORA) for the next two years.

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Female Labour Force Participation Rate Jumps to 37.0%

Periodic Labour Force Survey Report 2022-23 released by the Ministry of Statistics and Programme Implementation shows that the Female Labour Force Participation Rate in the country has improved significantly by 4.2 percentage points to 37.0% in 2023, as per ‘usual status’ concept of measuring labour force participation.

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Govt launches tradeable Green Credit to incentivise eco-friendly actions

The Government has introduced a special program where an individual or entity can earn green credit and trade it on a dedicated exchange.

Green Credit refers to a unit of an incentive provided for a specified activity; delivering a positive impact on the environment.

This programme is a follow-up action of the ‘LiFE’-(Lifestyle for Environment) campaign.

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The new programme is a voluntary one.

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World Food Day II 16 October

The World Food Day is celebrated on October 16 every year.

The emphasis of World Food Day celebrations every year is on the furtherance of food security all over the world.

For the year 2023, the theme of the World Food Day is – “Water is life, water is food. Leave no one behind".

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Daniel Noboa to become Ecuador’s youngest-ever President

Daniel Noboa will become Ecuador’s youngest-ever president after winning the runoff elections.

Noboa received 52.29% of the total votes, against rival Luisa Gonzalez's 47.71%.

Mr Noboa said, history was made by Ecuadorians as they chose a new future with security and employment.

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Ecuador currently has the fourth-highest homicide rate in Latin America.

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Avanse Financial Services secures $145 million ECB for education financing

Avanse Financial Services has signed a syndicated social-linked External Commercial Borrowing (ECB) facility of USD 145 million.

The education-focused non-banking financial company, said it will receive the amount in tranches as per the agreed-upon guidelines.

This syndicated social-linked ECB transaction is among the first in the Indian education financing segment.

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Nawanpind Sardaran village in Punjab receives Best Tourism Village Award for cultural heritage preservation

Nawanpind Sardaran village in Punjab receives Best Tourism Village Award for cultural heritage preservation.

A total of 750 villages from 31 states and union territories had applied for the best tourism village award 2023 and Nawanpind Sardaran got amongst the 35 selected ones.

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World anaesthesia day II 16 october

World Anaesthesia Day is observed on October 16 every year.

The day strives to raise awareness about the importance of anaesthesia in medical treatments.

It also supports anaesthesia providers around the world to celebrate their profession.

The theme for World Anaesthesia Day 2023 is 'Anaesthesia and Cancer Care.'

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