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International Day of Epidemic Preparedness | 27 December

The United Nations proclaimed on December 7, 2020, that December 27 would be the International Day of Epidemic Preparedness. The first-ever International Day of Epidemic Preparedness was organised on December 27, 2020, to show how important it is to be ready for and fight against epidemics.

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INS Imphal, India's first warship named after a northeastern state, commissioned

The Indian Navy commissioned its latest stealth-guided missile destroyer Imphal, at the Naval Dockyard, Mumbai. It is the first warship to have been named after a city from the Northeastern region, the approval for which was accorded by the President in April 2019. The ship was delivered by the Mazagon Dock Ltd to the Indian Navy on October 20, 2023.

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RBI Releases Draft Licensing Framework for Authorised Persons Under FEMA

The Reserve Bank of India (RBI) released a draft 'Licensing Framework for Authorised Persons (APs)' under Foreign Exchange Management Act (FEMA), 1999. The RBI had, in its June monetary policy meeting, said that the Central Bank decided to rationalise and simplify the licensing framework for APs to effectively meet the emerging requirements of the rapidly growing economy.

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PMKVY Trains 1.4 Crore Candidates, Announces India Skills 2023-24

The Government has said that nearly one crore 40 lakh candidates have been trained so far under Pradhan Mantri Kaushal Vikas Yojana (PMKVY) since its launch in 2015. The Ministry of Skill Development and Entrepreneurship said, PMKVY aims to provide avenues for the Indian youth to access short-term skilling opportunities.

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Current account gap narrows to 1% of GDP at $8.3 bn in Q2FY24: RBI

India’s current account deficit (CAD) narrowed sequentially to $8.3 billion, or 1 per cent of gross domestic product (GDP), in the quarter ended September (Q2FY24) due to lower merchandise trade deficit and growth in services exports. The CAD was $9.2 billion, or 1.1 per cent of GDP, in Q1 and $30.9 billion, or 3.8 per cent of GDP, in Q2FY23.

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Former South Africa captain Dean Elgar announces retirement from international cricket after India series

Former South Africa captain Dean Elgar has announced his retirement from international cricket after a test series against India concludes early next month. Elgar, who has scored more than 5,000 runs with 13 centuries in his 84 tests, will play his final test at Newlands in Cape Town starting January 3.

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Govt, ADB sign USD 100 mn loan agreement to improve tourism facilities in Tripura

The Union government signed an agreement with Asian Development Bank (ADB) to avail of a USD 100 million loan to improve urban services and tourism facilities in the northeastern state of Tripura. ADB support will also strengthen the capacity of ULBs for integrated planning, including climate and disaster resilience, and identification of community and private sector.

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HDFC Bank board approves re-appointment of Atanu Chakraborty as chairman

Private lender HDFC Bank said that its board has recommended the re-appointment of Atanu Chakraborty as the part-time non-executive chairman and independent director.

The bank further added that the matter is with the Reserve Bank of India for a second term of three years from May 5, 2024, to May 4, 2027 approval.

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Raghuram Rajan's new book "Breaking the Mould: Reimagining India's Economic Future" launched

Former Reserve Bank of India (RBI) governor Raghuram Rajan's new book 'Breaking the Mould' was released recently. Rajan's latest book, written in collaboration with fellow economist Rohit Lamba, will discuss the future of India's economic development.

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UP to build India’s first AI city in Lucknow

Lucknow will be developed as India's first Artificial Intelligence city. The government of Uttar Pradesh has approved the development of Lucknow, the state capital, as an AI city, establishing the "city of nawabs" as the nation's newest IT hub. By 2030, it is expected to contribute $15.7 trillion to the global economy.

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India Skills Report finds Kerala the most preferred State to work

Kerala is the most preferred state to work for employable talent in the country, with Kochi being the top choice among Indian cities for female job aspirants, according to the ‘India Skills Report 2024’, released by talent assessment firm Wheebox in partnership with organisations including Confederation of Indian Industry (CII) and All India Council for Technical Education.

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PV Sindhu makes it into Forbes list of highest paid women athletes in 2023

Badminton star PV Sindhu has made it into the list of 2023’s highest paid women athletes by Forbes where she finished at the 16th spot alongside gymnast Simone Biles with her $7.1 million earnings. Last year Sindhu was placed 12th with her $7.1 million earnings in a list which was led by Japanese tennis star Naomi Osaka.

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