In Para Athletics, India’s Sachin Sarjerao Khilari clinched the gold medal in the men’s shot put at the World Para Athletics Championship in Kobe, Japan. He also set a new Asian record with a throw of 16.30 metres in the F46 category, to defended his title at the world championships.
Another Indian, Dharambir bagged the Bronze Medal in the Men’s Club Throw yesterday. His final throw distance of 33.31 metres not only secured him the Bronze Medal but also set a new Asian Record in the F51 Category. Mariyappan Thangavelu clinched his maiden gold medal at the World Para Athletics by leaping 1.88m in the men's T63 high jump event.
The Reserve Bank of India (RBI) has approved the transfer of Rs 2,10,874 crore as surplus to the Central Government for the accounting year 2023-24. The same was approved during the 608th meeting of the Central Board of Directors of the Reserve Bank of India, which was held in Mumbai.
The Board, under the Chairmanship of RBI Governor Shaktikanta Das, decided to increase the Contingent Risk Buffer, CRB to 6.50 per cent for FY 2023-24 as the economy remains robust and resilient. Besides discussing and approving the Reserve Bank’s Annual Report and Financial Statements for the year 2023-24; the board also reviewed the global and domestic economic scenario.
POWERGRID, a Maharatna Central Public Sector Enterprise under the Ministry of Power, Government of India, has been conferred the prestigious ATD BEST Awards 2024 for its strategic approach to talent development driving business results. This is the third time POWERGRID has been honoured with the ATD BEST Award, having previously received it in 2021 and 2023.
The ATD BEST Awards, established by the Association for Talent Development (ATD), USA, is one of the most esteemed international recognitions in the field of Learning and Development (L&D). It honors organizations that leverage talent development as a strategic business tool and demonstrate enterprise-wide success through effective employee development practices.
NTPC has achieved an impressive milestone by securing the 3rd rank globally at the ATD BEST Awards 2024, this being the highest ranking among all Indian companies. Notably, NTPC is the only PSU to have received this prestigious award seven times in the past eight years.
Cisco and Tata Communications launched their Webex Calling solution in India with cloud public switched telephone network, aimed at helping enterprises move from on-premises phone systems to a global cloud calling system. The calls will be routed via Tata Communications’ data centre in the Mumbai region, thereby helping organisations stay compliant with local regulations,
Webex Calling is a modern and complete business phone system that delivers enterprise-grade calling through a globally available cloud platform with over 14 million users around the world. It provides businesses with powerful innovations, flexible deployment options, and centralised administration.
The stock prices of listed companies continue to outpace growth in India’s gross domestic product (GDP). The market capitalisation (mcap) of all companies listed and traded on the BSE is up 61 per cent since the end of March 2023, compared to an estimated 10 per cent growth in India’s GDP at current prices in 2023-24 (FY24).
As a result, India’s mcap-to-GDP ratio has hit a 15-year high of 140.2 per cent, up sharply from 95.8 per cent at the end of March 2023.
According to data from BSE, the 4,357 companies available for trade had a combined mcap of around Rs 416 trillion on Tuesday against India’s GDP at current prices of Rs 296.6 trillion in FY24.
The combined mcap of India’s top 30 listed companies that are part of the S&P BSE Sensex is up only 27.2 per cent in this period. The Sensex companies’ combined mcap has risen from Rs 115.9 trillion at the end of March 2023 to Rs 147.4 trillion. The traded value of the two indices tracks the changes in the combined free-float mcap rather than the companies’ full mcap.
Spain has become the 99th member of the International Solar Alliance. Spain handed over the International Solar Alliance Instrument of Ratification. India and France jointly launched the International Solar Alliance during COP21 in Paris. The ISA aims to contribute to the implementation of the Paris Climate Agreement through the rapid and massive deployment of solar energy.
Earlier, in March, Panama officially ratified the International Solar Alliance (ISA), marking its entry as the 97th member nation.
The Cabinet has approved an allocation of over Rs 10,300 crore for the IndiaAI Mission today, marking a significant step towards bolstering India’s AI ecosystem. The overarching aim of this financial outlay is to ensure a structured implementation of the IndiaAI Mission through a public-private partnership model aimed at nurturing India’s AI innovation ecosystem.
This substantial financial infusion, slated over the next five years, is poised to catalyse various components of the IndiaAI Mission, including pivotal initiatives like the IndiaAI Compute Capacity, IndiaAI Innovation Centre (IAIC), IndiaAI Datasets Platform, IndiaAI Application Development Initiative, IndiaAI FutureSkills, IndiaAI Startup Financing, and Safe & Trusted AI.
The University of Tokyo has inaugurated the Atacama Observatory (TAO). It has been built on the summit of Cerro Chajnantor in the Antofagasta Region, at 5,640 meters above sea level. TAO also houses a 6.5-meter optical-infrared telescope. TAO is officially now the highest observatory in the world, and has been awarded a Guinness World Record.
Every year, World Turtle Day is observed on May 23. It was started in the year 2000 by American tortoise Rescue as a way of urging people to come together to understand tortoises and turtles better. It is observed to raise awareness about the lifestyle and habitat of turtles as well as tortoises and urge people to understand them better and contribute to their wellbeing.