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RBI approves appointment of Pradeep Natarajan as IDFC FIRST Bank's Whole Time Director

The Reserve Bank of India (RBI) has approved the appointment of Pradeep Natarajan as Whole Time Director on the Board of IDFC FIRST Bank, the private sector lender said.

The bank further said it will take the necessary steps to complete the formalities for the appointment of Natarajan as Executive Director.

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International Museum Day | 18 MAY

International Museum Day is celebrated every year on May 18, and this year it falls on Saturday. The event focuses on a different theme each year, reflecting relevant topics or challenges encountered by museums globally.

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The theme for this year, "Museums for Education and Research,"

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International Museum Day | 18 May

The inaugural International Museum Day was organised in 1977 by ICOM, following the adoption of a resolution aimed at creating an annual event to unite the creative efforts of museums and raise global awareness about their activities.

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SBI raises short-term retail fixed deposit rates by up to 75 bps

The country’s largest lender, State of India (SBI), has increased interest rates on short-term retail fixed deposits (FDs) by 25 to 75 basis points (bps) – a move which is likely to be followed by other banks.

This is the first increase in the fixed deposit rates by the bank since December 2023.

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SBI raises short-term retail fixed deposit rates by up to 75 bps

A fixed deposit is an investment instrument where an amount is deposited with banks for a set period and at a fixed rate of interest. Rates on FDs are important for people, especially senior citizens, who are looking for safe investment options.

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UAE Launches 'Blue Residency Visa' In Move Towards Sustainability

In a move towards sustainability, the United Arab Emirates has announced a new 10-year 'Blue Residency Visa' programme. Under this programme, individuals who have made 'exceptional efforts and contributions to protecting the environment whether marine or land' will be granted a 10-year residents visa.

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UAE Launches 'Blue Residency Visa' In Move Towards Sustainability

In ‘Blue Residency’, a 10-year visa program for environmental advocates who have shown outstanding dedication to protecting the environment. This initiative, in line with the President’s directive to extend the 2023 Year of Sustainability, encompasses sustainability efforts both within and outside the UAE.

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Venezuela becomes first country to lose all of its glaciers

Venezuela is the first country in modern history to lose all of its glaciers after climate scientists declared its remaining glacier little more than an ice field.

The Humboldt Glacier, also known as La Corona, was the last remaining one in Venezuela after the country lost at least five others in the past century due to the effects of climate change.

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World AIDS Vaccine Day | 18 May

World AIDS Vaccine Day, also recognized as HIV Vaccine Awareness Day, is observed annually on May 18. AIDS stands for Acquired Immunodeficiency Syndrome - a chronic and potentially life-threatening condition caused by the human immunodeficiency virus (HIV).

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World AIDS Vaccine Day | 18 May

May 18 was chosen as the date for World AIDS Vaccine Day to commemorate the anniversary of a speech given by then-US President Bill Clinton on May 18, 1997. In his speech, Clinton advocated for the development of an AIDS vaccine.

The first World AIDS Vaccine Day was observed on May 18, 1998, to commemorate the anniversary of Clinton’s speech.

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Indian Army sets up one of world's highest tank repair facilities near China border

With over 500 of its tanks and infantry combat vehicles deployed in Eastern Ladakh, the Indian Army has created a record of sorts by setting up two of world's highest tank repair facilities in that area to support its operations there.

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Kapil Sibal defeats Pradeep Rai to become president of Supreme Court Bar Association

Senior Advocate Kapil Sibal has won the election for the President post of the Supreme Court Bar Association (SCBA). Kapil Sibal secured 1,066 votes and defeated his nearest rival and senior advocate Pradeep Rai.

According to reports by Bar and Bench, Pradeep Kumar Rai received 689 votes.

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