The Indian Navy has planned to deploy both its aircraft carriers INS Vikramaditya and INS Vikrant on the eastern seaboard during Milan-2024, a flagship international naval exercise hosted by Vizag from February 19-27 next year.
Navies from the US, Japan, Australia, France, Bangladesh, South Korea, Vietnam, Indonesia and Malaysia are set to be among the participating nations
The Government of India has approved several high-profile appointments, including the elevation of Vice Admiral Dinesh K Tripathi to the position of Vice Chief of the Naval Staff.
He is set to take on the crucial role of Vice Chief of the Naval Staff, effective early January 2024.
Hiranandani group-owned data centre company Yotta Data Services plans to install over 20,400 NVIDIA GPU-based super computers by June 2024.
GPU (Graphics Processing Unit), which are used for processing multimedia content, have become the main chipsets for processing artificial intelligence technology-related data and there is a shortage of these chipsets across the globe.
Garba of Gujarat' has been inscribed in the Representative List of Intangible Cultural Heritage of Humanity by UNESCO, under the provisions of the 2003 Convention for the Safeguarding of Intangible Cultural Heritage during the 18th meeting of the Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage from 5th -9th December, 2023 in Bostwana.
The finance ministry has provided Rs 10,000 crore as advance for the rural employment guarantee scheme from Contingency Fund of India, over and above the budgetary allocation of Rs 60,000 crore.
Financial allocation of Rs 60,000 crore was made for the Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS) for the financial year 2023-24 at budget estimate stage.
IT firm L&T Technology Services Ltd (LTTS) is collaborating with Nasscom GenAI Foundry initiative to support start-ups that specialise in the field, in a bid to promote the growth of generative AI in India.
The company aims to fuel the growth of generative AI by offering resources and expertise to a select group of 26 start-ups.
IDFC FIRST Bank said its Executive Director Madhivanan Balakrishnan has tendered his resignation.
The Nomination & Remuneration Committee and the Board of Directors of the Bank at their respective meetings held has accepted the said resignation (tendered on December 06, 2023).
He continues to serve the Bank for necessary handovers until December 15, 2023
Union Minister for Women and Child Development Smriti Irani has informed the Rajya Sabha that the Government has decided to implement the component of "Nari Adalat" in a phased manner under Mission Shakti.
Tn the first phase, Assam and the Union Jammu and Kashmir have been selected by her Ministry to implement the component of Nari Adalat.
The Government of India and the Asian Development Bank (ADB) signed a $175 million loan to improve connectivity and resilience of roads in the state of Madhya Pradesh.
The project will upgrade about 500 kilometers of state highways and major district roads to a standard two-lane feature.
A British-Indian has been picked by the U.K. Government to head the British Broadcasting Corporation (BBC) as its next chair.
Samir Shah, a 71-year-old former BBC non-executive director and media executive, was born in Aurangabad and moved to the U.K. in 1960.
Italy has formally notified China of its withdrawal from Beijing’s ambitious belt and road infrastructure initiative (BRI), a significant trade and infrastructure project.
The Italian prime minister, Giorgia Meloni, has long been critical of the project and had expressed her intention to withdraw from the deal, seen by many as an effort by China to buy political influence.
Italy became the only G7 nation to join the initiative in 2019.
Taylor Swift was named TIME’s 2023 Person of the Year—making her the first woman to appear twice on a Person of the Year cover since the franchise began in 1927.
Swift was also named Person of the Year in 2017, when she was recognized as one of the Silence Breakers who inspired women to speak out about sexual misconduct.
Bharat Heavy Electricals Limited (BHEL) has won the prestigious CII EXIM Bank Award for Business Excellence 2023.
This award is a testament to the company's unwavering commitment to excellence, resilience and its ability to adapt to the dynamic business landscape. The CII-EXIM Bank Award is based on the internationally recognized European Foundation for Quality Management.
For the first time the Goods (Merchandise) sector has surpassed the services sector in Export.
The export has reached 762 billion dollars in the last financial year.
The Goods (Merchandise) export has gone upto 453 billion dollars, while services export was at 309 billion dollars.
CARE Ratings has upgraded the rating of IDBI Bank’s Basel III Compliant Tier II Bonds aggregating ₹2,000 crore from “A+” to “AA-” and revised the outlook from “positive” to “stable”.
The credit rating agency also reaffirmed the “Al+” rating for the bank’s Certificate of Deposits aggregating ₹10,000 crore.
India is set to become the world's third largest economy by 2030, S&P Global Ratings said in its latest report . It said that the nation's GDP growth would be around 7 per cent in 2026-27 fiscal year.
In its Global Credit Outlook 2024, S&P predicted a 6.4 per cent GDP growth in the fiscal year year through March 2024 as compared 7.2 per cent in the previous financial year
This would mean that India will surpass Japan and Germany
Argentina captain Lionel Messi has been named Time magazine's Athlete of the Year for 2023 after winning the Ballon d'Or for a record-extending eighth time and elevating the profile of the sport in the U.S. with his move to Inter Miami.
Messi joins the likes of Simone Biles, Michael Phelps, LeBron James and the Untied States women's national team to win the award.
New York Yankees right fielder Aaron Judge won the award in 2022.
RBI Monetary Policy Committee has kept the key policy repo rate unchanged at 6.5% by a unanimous decision.
This is the fifth meeting on the trot that the MPC decided to maintain the status quo on the repo rate.
RBI raised the GDP growth projection for FY24 to 7% from 6.5% earlier on buoyant domestic demand and higher capacity utilisation in the manufacturing sector.