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International Human Solidarity Day II 20 December

International Human Solidarity Day is observed on December 20th each year.

It’s a day to reflect on the importance of solidarity and take concrete actions to support those in need and contribute to a more equitable world.

International Human Solidarity Day was established by the United Nations General Assembly in 2005 to promote the concept of solidarity.

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Bhutan top honour for former Punjab cadre IAS officer Dr Khetrapal

Retired Punjab cadre IAS officer of 1975 batch and WHO South-East Asia regional director Dr Poonam Khetrapal Singh has been awarded Bhutan’s prestigious National Order of Merit Gold Medal for her distinguished services to the country.

Dr Poonam Khetrapal Singh became the first Indian to be elected as the regional director of WHO South-East Asia.

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Noma added to WHO list of neglected tropical diseases

The World Health Organization (WHO) announced that the gangrenous disease noma has been added to its official list of neglected tropical diseases (NTDs).

Primarily found in sub-Saharan Africa, noma mainly affects malnourished children between the ages of 2 and 6 years. Poor oral hygiene, malnutrition, weakened immune systems, and extreme poverty are among the risk factors.

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IPL Auction 2024: Mitchell Starc becomes most expensive player

Mitchell Starc of Australia emerged as the most expensive player in the history of the Indian Premier League (IPL) at the auction in Dubai.

He was bought by Kolkata Knight Riders (KKR) for ₹24.75 crore, breaking the record of Pat Cummins who was picked up for ₹20.5 crore by Sunrisers Hyderabad.

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Post Office Bill 2023

The Parliament passed the Post Office Bill that seeks to simplify the legislative framework to facilitate the evolution of India Post into a citizen-centric service network.

The Post Office Bill, 2023 seeks to repeal the 125-year-old Indian Post Office Act and consolidate and amend the law relating to post offices in the country.

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India tops global remittance flows at $125 billion in 2023: World Bank

India saw the highest amount of remittance inflows in the world in 2023 at $125 billion, driven by several factors, including the country's agreement with the UAE, for promoting the use of dirhams and rupees for bilateral trade, the World Bank said.

India was followed by Mexico ($67 billion), China ($50 billion), the Philippines ($40 billion) and Egypt ($24 billion).

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NTPC Kanti receives FICCI Water Award 2023 for industrial water use efficiency

NTPC Kanti has been awarded the 11th Edition of FICCI Water Award 2023 under the "Industrial Water Use Efficiency" category.

The award was presented to NTPC Kanti during the inaugural event of the 9th Edition of India Industry Water Conclave held at FICCI Federation House in New Delhi.

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Joshi launches India’s National Geoscience Data Repository (NGDR) portal

Minister for Mines Pralhad Joshi launched India’s National Geoscience Data Repository (NGDR) portal.

NGDR is a comprehensive online platform that will host the geospatial data for the entire country.

The launch of the portal puts India in the league of nations like the US, Australia and Canada, that are advanced in their mineral mining journey.

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Maharashtra bags women's and AAI wins men's title events in Guwahati

In team events of the 75th Inter State-Inter Zonal Badminton Championship 2023, Maharashtra bagged women's and Airport Authority of India (AAI) won the men's title events in Guwahati

The prestigious national championship organized by Badminton Association of India is being held in Assam after four years.

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RBI directs banks to refrain from investing in any scheme offered by Alternative Investment Funds

The Reserve Bank of India has directed all Commercial Banks, Co-operative Banks, Non-Banking Financial Companies including Housing Finance Companies and Financial Institutions to refrain from investing in any scheme offered by Alternative Investment Funds (AIFs), which has downstream investments either directly or indirectly in the bank’s debtor company.

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Aditya Birla Sun Life, IDFC First Bank in pact to collaborate on financial solutions

Aditya Birla Sun Life Insurance and IDFC First Bank have entered into a bancassurance partnership to offer insurance solutions to the bank’s customers.

Under this collaboration, the insurer will leverage the extensive distribution network of IDFC First Bank.

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MSME lender U Gro Capital raises ₹250 crore from Dutch development bank

DataTech NBFC U GRO Capital has raised ₹250 crore from the Dutch Entrepreneurial Development Bank FMO through rupee-denominated non-convertible debentures (NCDs).

The MSME-lending-focused NBFC has provided credit to more than 80,000 small businesses.

Prior to this, it had raised ₹240 crore from Denmark’s Investment Fund for Developing Countries (IFU) in May 2023.

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Indian economy to grow 6.3% in FY24 and FY25: IMF

Indian economy is likely to log 6.3% growth in FY24 and FY25 on the back of macroeconomic and financial stability, International Monetary Fund’s Executive Board.

The international fund lauded the macroeconomic policies and reforms of the government, stating that India could achieve even higher growth, with greater contributions from labour and human capital.

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Tamil Nadu retains 'achiever' status in logistics infra rankings of states

Tamil Nadu is this year’s top performer in a central government tool ranking states and union territories in terms of logistics infrastructure.

The state maintained its “achiever” status within the coastal group in the Logistics Ease Across Different States (LEADS) 2023 rankings by the Ministry of Commerce and Industry.

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13 states raise Rs 19,692 crore; Karnataka, Uttar Pradesh top list

Thirteen states raised Rs 19,692 crore, against a notified amount of Rs 19,592 crore through the auction for state government securities. In the previous week, eight states had raised Rs 12,100 crore.

The Reserve Bank of India (RBI) data showed that Karnataka and Uttar Pradesh raised the highest amount of Rs 4,000 crore each

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Dalai Lama to open first International Sangha Forum in Bodhgaya

Tibetan spiritual leader the Dalai Lama will inaugurate the first International Sangha Forum 2023 in Bodhgaya in Bihar, the sacred place where Gautama Buddha attained enlightenment.

Over 2,000 members of the sanghas and invited guests from 33 countries including Thailand, Myanmar, Bangladesh, Cambodia, Laos, Sri Lanka, Tibetan, Bhutan, Nepal, Vietnam, Taiwan, Japan, Korea.

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Karur Vysya Bank, HDFC Life enter into corporate agency tie-up

Private sector Karur Vysya Bank and HDFC Life have entered into a corporate agency agreement to offer life insurance products to their respective customers.

This corporate agency arrangement would enable customers of Karur Vysya Bank to avail HDFC Life’s wide range of life insurance products which include solutions for protection, savings and investment and retirement.

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Amongst the leaders in gender equality, Finland awards International prize to Aghanistan-based NGO

Finland, awarded the International Gender Equality Prize for 2023 to an NGO in Afghanistan that works to promote and protect the rights of women in Afghanistan.

The organisation Afghan Women Skills Development Center does important humanitarian work to promote the safety of Afghan women.

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Accenture launches generative AI studio in Bengaluru, aiming at business optimisation

Accenture launched a generative AI Studio in Bengaluru.

The studio will bring together the company’s talent and technology investments to offer a full stack of generative AI capabilities to optimize business processes and enable enterprise reinvention.

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