Pravasi Bharatiya Divas, also known as Non-Resident Indian Day, is celebrated on January 9 to mark the contribution and achievements of the overseas Indian community to the development of India. The day also commemorates the return of Mahatma Gandhi, the greatest Pravasi, from South Africa to India in 1915, who led India's freedom struggle and changed the lives of Indians.
Directorate General of Civil Aviation (DGCA) has increased weekly rest periods from 36 hours to 48 hours for flight crew. As per the revised flight duty time rules issued by DGCA, night duty will now cover the period from midnight to 6 am in the morning as compared to five am earlier.
Individual income inequality has significantly declined during FY14-FY22 because of a “great migration” at the bottom of the pyramid, even as individual’s weighted mean income has risen from ₹3.1 lakh to ₹11.6 lakh during FY14-FY21, according to SBI’s economic research department (ERD).
Soumya Kanti Ghosh, Group Chief Economic Adviser, SBI
State-owned Oil and Natural Gas Corporation (ONGC) has started oil production from its flagship deep-sea project in Krishna Godavari basin in Bay of Bengal. ONGC has started producing from the Cluster-2 project in KG-DWN-98/2 block and will slowly ramp up output
Franz Beckenbauer, widely regarded among the greatest football player of all time, has died at the age of 78 in Germany. Known in football-obsessed Germany as “the Kaiser” meaning “the Emperor”. He collected 103 caps for West Germany, winning the 1972 European championship and then the World Cup on home soil.
Life Insurance Corporation of India said its board has approved acquiring up to 10 per cent in a company promoted by the National Housing Bank. In a regulatory filing, LIC said the board has cleared the proposal to invest in a new company, promoted by the NHB, for residential mortgage-backed securities, through equity contribution up to 10 per cent of share capital.
The Insurance Regulatory and Development Authority of India (IRDA) has done away with the current practice of according a case to case basis approval for investments in Infrastructure Development Fund (IDF) by the insurers. This will give insurers a free hand to insurers in investing in IDF which is of course subjected to a general set of norms.
Fino Payments Bank has applied to the Reserve Bank of India (RBI), seeking a small finance bank license, the regulator said in a release. RBI allows payments banks without corporate lineage to apply for a small finance bank license after completing five years of business.
The traditional Lanjia Saura paintings, the exquisitely embroidered Dongaria Kondh shawl, the delicious Khajuri Guda from Odisha and the Handmade Carpets and Wancho Wooden Craft from Arunachal Pradesh were among the 17 products that bagged the Geographical Indications (GI) tag.
Kyrgyzstan has officially declared the snow leopard as its national symbol, underscoring its commitment to conservation and ecological balance. A decree signed by President Sadyr Zhaparov of the Kyrgyz Republic, states: The snow leopard is not only a symbol of natural wealth and cultural prosperity, but also an indicator of the stability and health of the mountain ecosystem
The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, was apprised of signing of Memorandum of Understanding between India and United States for International Development/India (USAID/India) on June 14, 2023 for supporting Indian Railways to achieve Mission Net Zero Carbon Emission by 2030.
Ambassador Indra Mani Pandey, a senior diplomat of India, assumed today the position of Secretary General (SG) of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC). He is the 4th SG of BIMSTEC and will remain its SG for a period of three years. He has succeeded H.E. Tenzin Lekphell of Bhutan.
The International Bank for Reconstruction and Development (IBRD), representing the World Bank, has successfully priced a 5-year bond in Great British Pound sterling (GBP) set to mature in October 2028. The Sustainable Development Bond aims to raise GBP 1.5 billion from investors, contributing to financing sustainable development initiatives in World Bank member countries.
The Indian Army is reviewing the memoir of its former chief General M M Naravane. In a remarkable literary venture, General Manoj Mukund Naravane, the former Chief of Army Staff (CoAS) of the Indian Army, has penned his autobiography titled “Four Stars of Destiny: An Autobiography.” Scheduled to be published in January 2024 by Penguin Veer, an imprint of Penguin Random