Daily News

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Intenational Tea Day | 21 May

Re-emphasizing the call from the Intergovernmental Group on Tea to direct greater efforts towards expanding demand, particularly in tea-producing countries,where per capita consumption is relatively low, and supporting efforts to address the declining per capita consumption in traditional importing countries General Assembly decided to designate 21May as InternationalTeaDay

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The UN formally declared May 21 as the International Tea Day.

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World Day for Cultural Diversity for Dialogue and Development | 21 May

Held every year on 21 May, UNESCO leads the celebration of World Day for Cultural Diversity for Dialogue and Development highlighting not only the richness of the world’s cultures, but also the essential role of intercultural dialogue for achieving peace and sustainable development.

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World Day for Cultural Diversity for Dialogue and Development | 21 May

According to UNESCO data, the cultural and creative sector is one of the most powerful engines of development worldwide. It accounts for more than 48 million jobs globally –almost half of which are held by women – representing 6.2% of all existing employment and 3.1% of global GDP.

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The UNGA, declared this day in the year 2002.

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DAHD and UNDP signs MoU on Digitalization of Vaccine Cold Chain Management, Capacity Building, and Communication Planning

The Department of Animal Husbandry & Dairying (DAHD), Ministry of Fisheries, Animal Husbandry & Dairying signed a Memorandum of Understanding (MoU) today with the United Nations Development Programme (UNDP) India on Digitalization of Vaccine Cold Chain Management, Capacity Building, and Communication Planning.

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Indian Mixed Team Breaks National Record At Asian Athletic Relay Championships 2024

The Indian Mixed team broke the national record at the ongoing Asian Athletic Relay Championships 2024 Bangkok in Thailand. The team comprising Muhammad Ajmal, Jyothika Sri, Amoj Jacob and Subha Venkatesan won gold in the 4x400m event. Sri Lanka and Vietnam won silver and bronze in the event.

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India’s Deepthi Jeevanji Smashes World Record In Women’s 400 Metre Event To Win Gold Medal At World Para Atheltics Championships

Twenty-year old Deepthi Jeevanji smashed the world record in the women’s 400m T20 and grabbed her first gold at the World Para Athletics Championships at Kobe in Japan. Deepthi clocked 55.07 seconds, breaking American Breanna Clark’s earlier world record of 55.12 seconds, which she had set during last year’s edition of the championships in Paris.

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Tata Motors' arms partner with Bajaj Finance to provide financing to passenger, EV dealers

Tata Motors on 20th May said its passenger vehicles and passenger electric mobility subsidiaries have tied up with Bajaj Finance to provide supply chain finance solutions to their respective dealers. Tata Motors Passenger Vehicles (TMPV) and Tata Passenger Electric Mobility (TPEM), subsidiaries of Tata Motors, have joined hands with Bajaj Finance to extend the supply chain

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Tata Motors' arms partner with Bajaj Finance to provide financing to passenger, EV dealers

finance solutions to its passenger and electric vehicle dealers, the company said in a statement. Under a Memorandum of Understanding (MoU), the participating companies will come together to leverage Bajaj Finance's wide reach to help dealers of TMPV and TPEM access funding with minimal collateral.

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Pine Labs receives Singapore Court nod to shift base to India

Payments firm Pine Labs has received approval from a Singapore court to merge its India and Singapore entities, Pine Labs Limited (PLS) and Pine Labs Private Limited (PLI). Pine Labs has become the third fintech company after PhonePe and Groww which relocated its domicile to India from overseas.

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Pine Labs receives Singapore Court nod to shift base to India

Currently, various start-ups including KreditBee, Razorpay, Meesho, and Zepto have been working on shifting their ultimate holding entities to India. All companies are also trying to assess the tax payout–in India or abroad–for these mergers.

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National Anti-Terrorism Day | 21 May

On 21 May, every year Anti Terrorism Day is observed to provide knowledge to the youth about terrorism, and its impact on human suffering, and lives. This day also makes people aware of an anti-social act of terrorism. The objective of the day is to promote national harmony, mitigate terrorism, and unite people of all castes, creeds, and sex.

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The official announcement of National Anti-Terrorism Day was made on 21 May 1991.

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Artara’24 Fine Arts Exhibition & Competition Makes Its Mark In Dubai

The Artara’24 Fine Arts Exhibition and Competition has made its mark in Dubai as a platform for discovering and nurturing emerging artistic talents from the country. The event aimed to discover hidden artistic gems, with a particular focus on the Indian talent residing in Dubai.

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Artara’24 Fine Arts Exhibition & Competition Makes Its Mark In Dubai

Held at the Al Jalila Cultural Center, a venue under the Dubai Cultural Center, Artara’24 featured an impressive collection of over 250 pieces of art, each telling its own unique story and reflecting the diverse backgrounds and perspectives of the talented participants.

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Ekta Bhyan Secures Gold Medal In Women’ F51 Club Throw Competition At World Para Athletic C’ships

India’s Ekta Bhyan secured a gold medal with a season’s best throw of 20.12 metres in the women’s F51 club throw competition at the World Para Athletic Championships at Kobe in Japan. While Kashish Lakra took the silver with an effort of 14.56 metres, Nadjet Boucherf of Algeria won the bronze with a score of 12.70 metres.

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Ekta Bhyan Secures Gold Medal In Women’ F51 Club Throw Competition At World Para Athletic C’ships

Deepthi, Para Asian Games gold medallist, had smashed a world record time of 55.07 seconds in the women’s 400 metre T20 category race to win gold medal.

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Mahindra Finance appoints Mahesh Rajaraman as CRO

Mahindra & Mahindra Financial Services on 21 May said it has appointed Mahesh Rajaraman as Chief Risk Officer (CRO) of the company with effect from August 1, 2024. In a regulatory filing, Mahindra Finance said Mallika Mittal has tendered her resignation and ceased to be the CRO of the company with effect from May 17.

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SBI General Insurance signs bancassurance partnership with Jana Small Finance Bank to increase insurance penetration

SBI General Insurance, one of India’s top general insurance firms, has signed a strategic bancassurance collaboration agreement with Jana Small Finance Bank, a leading financial institution in India, to facilitate the sale of non-life insurance products.

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SBI General Insurance signs bancassurance partnership with Jana Small Finance Bank to increase insurance penetration

Under this strategic relationship, SBI General Insurance will provide Jana Small Finance Bank customers with a comprehensive variety of general insurance products. These products will include a broad range of insurance options, such as health, personal injury, house, auto, and travel insurance.

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Kishore Kumar Poludasu, MD & CEO, SBI General Insurance