The Financial Services Institutions Bureau (FSIB) recommended Ashok Chandra for the position of managing director (MD) & chief executive officer (CEO) of Punjab National Bank (PNB).
Chandra is currently executive director (ED) at Canara Bank since November 21, 2022. The current MD & CEO of PNB, Atul Kumar Goel, is set to complete his tenure on December 31, 2024.
The tenure for the post of PNB MD & CEO is three years, which may be extended based on performance. It is subject to the normal age of superannuation of 60 years and the provisions of the Nationalised Banks (Management and Miscellaneous Provisions) Scheme, 1970 & 1980.
South star Chiranjeevi was honoured with the prestigious Akkineni Nageswara Rao (ANR) National Award in Hyderabad. The actor was felicitated by Bollywood legend Amitabh Bachchan. The Akkineni International Foundation established the award in 2005 to recognise artists for their outstanding contributions to Indian cinema.
This year, the event commemorated the 100th birth anniversary of Telugu cinema legend and actor Nagarjuna's father, Akkineni Nageswara Rao. The ANR National Awards were last presented to Sridevi and Rekha, who was honoured during a ceremony held in November 2019. Late Bollywood actor-filmmaker Dev Anand was the first person to be honoured with the ANR National Award.
Matthew Wade, a T20 World Cup winner in 2021, retired from international cricket, and will now start working in a coaching role in Australia's white-ball set-up.
The 36-year-old has played 36 Tests, 97 ODIs and 92 T20Is in a career that spanned across 13 years, and his last appearance for the national team was in this year's T20 Word Cup.
He made 225 international appearances for Australia in all formats - the last of which came in the Super 8s phase of this year's T20 World Cup against India.
Wade played 92 T20s for Australia and scored 1,202 runs in 68 innings at an average of 26.13.
Indian Coast Guard (ICG) simultaneously launched two Fast Patrol Vessels (FPVs) ‘Adamya’ and ‘Akshar’, with over 60% indigenous content, built by Goa Shipyard Ltd. (GSL) on October 28, 2024. The vessels are part of the contract signed with GSL for eight such FPVs to be built at a cost of Rs 473 crore.
With the primary role of protection, monitoring, control and surveillance, these advanced FPVs will help ICG protect offshore assets and island territories.
Each FPV has a length of 52m, breadth of 8m, max speed of 27 knots, Controllable Pitch Propeller-based propulsion system and displacement of 320 tons.
The ships have been designed and constructed to meet the specific requirements of the ICG under stringent dual class certification of American Bureau of Shipping and Indian Register of Shipping.
In a first, two vessels were launched simultaneously utilising the state-of-art Ship Lift System.
Dr. Jitendra Singh, Union Minister of State (Independent Charge) for Science and Technology, Earth Sciences, PMO, Atomic Energy, Space, and Personnel, Public Grievances and Pensions today inaugurated the new complex of India's first Biomanufacturing Institute, "BRIC-National Agri-Food Bio-Manufacturing Institute" (BRIC-NABI).
The BRIC-National Agri-Food Biomanufacturing Institute (BRIC-NABI), formed through the strategic merger of NABI and CIAB, is poised to transform India’s agricultural landscape by uniting biotechnology and bioprocessing expertise.
This newly established entity aims to streamline the journey from research to commercialization, facilitating pilot-scale production and delivering innovative agri-tech solutions to the market.
The establishment of the BRIC-National Agri-Food Bio-Manufacturing Institute marks a pivotal step in India’s journey toward an integrated, science-powered economy.
Chirag Chikkara became only the third Indian to become Under-23 world champion as India capped a rich haul of nine medals, including a gold and silver each, at the age group tournament here
Chikkara, competing in the men's freestyle 57kg category, eked out a narrow 4-3 in the closing seconds of the final win over Abdymalik Karachov of Kyrgyzstan.
He becomes the second Indian man, after Paris Olympics bronze medallist Aman Sehrawat, to win the gold at the U23 Championships.
Sehrawat had achieved the feat in the same category in the 2022 edition of the meet while Reetika Hooda had become the first Indian woman to bag a gold at the tournament when she won in the 76kg category last year.
Ravi Kumar Dahiya also won a silver in the U23 World Championships in 2018.
Chikkara reached the final after a series of dominant performances, defeating Gaukoto Ozawa 6-1 in the pre-quarterfinals, Iunus Iavbatirov 12-2 in the last eight stage and Allan Oralbek 8-0 in the semifinals.
India's medal haul in the men’s freestyle category also included two bronze medals, placing the nation fourth in the team standings with 82 points, trailing Iran (158), Japan (102), and Azerbaijan (100).
India also won two more bronze in men's freestyle taking the country's medal count in the category to four that secured the nation a fourth place in the team rankings.
Prime Minister, Shri Narendra Modi launched, inaugurated and laid the foundation stone for multiple projects related to the health sector worth around Rs 12,850 crore at All India Institute of Ayurveda (AIIA) in New Delhi.
As a major addition to the flagship scheme Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY),
The Prime Minister launched expansion of health coverage to all senior citizens aged 70 years and above. This will help provide health coverage to all senior citizens regardless of their income.
The Prime Minister inaugurated Phase II of India’s First All India Institute of Ayurveda.
It includes a Panchakarma hospital, an Ayurvedic pharmacy for drug manufacturing, a sports medicine unit, a central library, an IT and start-ups incubation center and a 500-seat auditorium among others.
He also inaugurated three medical colleges at Mandsaur, Neemuch and Seoni in Madhya Pradesh.
Further, he inaugurated facility and service extensions at various AIIMS in Bilaspur in Himachal Pradesh, Kalyani in West Bengal, Patna in Bihar, Gorakhpur in Uttar Pradesh, Bhopal in Madhya Pradesh, Guwahati in Assam and in New Delhi, which will also include a Jan Aushadhi Kendra.
Prime Minister also inaugurated a Super Speciality Block in Government Medical College at Bilaspur in Chhattisgarh and a Critical Care Block in Bargarh, Odisha.
The Prime Minister also laid the foundation stone of five Nursing Colleges in Shivpuri, Ratlam, Khandwa, Rajgarh and Mandsaur in Madhya Pradesh; 21 Critical Care Blocks at Himachal Pradesh, Karnataka, Manipur,
Tamil Nadu and Rajasthan under Ayushman Bharat Health Infrastructure Mission (PM-ABHIM) and several facilities and service extensions at AIIMS in New Delhi and in Bilaspur, Himachal Pradesh.
The Prime Minister also inaugurated an ESIC Hospital at Indore in Madhya Pradesh and lay the foundation stone for ESIC hospitals at Faridabad in Haryana, Bommasandra and Narasapur
Prime Minister Narendra Modi launches, inaugurates and lays the foundation stone of multiple projects related to health sector.
The Prime Minister launched the U-WIN portal. It will benefit pregnant women and infants by fully digitalizing the vaccination process.
Further, the Prime Minister also launched a portal for allied and healthcare professionals and institutes. It will act as a centralized database of existing healthcare professionals and institutes.
He laid the foundation stone of two Central Research Institutes in Yoga and Naturopathy at Khordha in Odisha, Raipur in Chhattisgarh.
He also laid the foundation stone of four Centres of Excellence at NIPER Ahmedabad in Gujarat for medical devices, NIPER Hyderabad in Telangana for bulk drugs, NIPER Guwahati in Assam for phytopharmaceuticals, and NIPER Mohali in Punjab for anti-bacterial anti-viral drug discovery and development.
The Prime Minister launched four Ayush Centres of Excellence.
In a major boost to Make in India initiative in the healthcare sector, Prime Minister inaugurated five projects under the Production Linked Incentive (PLI) scheme for medical devices and bulk drugs at Vapi in Gujarat, Hyderabad in Telangana, Bengaluru in Karnataka, Kakinada in Andhra Pradesh and Nalagarh in HP.
The Prime Minister also launched a nationwide campaign, “Desh Ka Prakriti Parikshan Abhiyan,” that aims to raise health awareness among the citizens. He also launched the State-specific Action Plan on Climate Change and Human Health for each state and UT which will lay out adaptation strategies towards developing climate-resilient healthcare services.
The State Bank of India and the India Exim Bank are helping businesses in African countries to fill the gap in trade finance, the South African heads of the two organisations told the India Entrepreneurs Forum (IEF) here.
The event was initiated by Consul General of India Mahesh Kumar who said it is the first of a series of ongoing engagements with the IEF.
SBI is enabling India's footprint in Africa, playing an important role in African trade by way of funding to South African banks through syndications, Kumar said, adding that the bank had invested fresh capital and retained its earnings for the last 27 years in South Africa.
SBI's offerings include bilateral credit lines to multi-lateral institutions such as Afri-Exim, Africa Finance Corporation, and others. We also offer bilateral lines in the form of trade loans to the other major banks present in African countries, Kumar said.
Bharti Airtel announced a top-level recast including a new chief executive officer (CEO). Chief Operating Officer (COO) Shashwat Sharma will take charge as the next managing director (MD) and CEO while incumbent Gopal Vittal has been named vice-chairman from January 1, 2026. Vittal has been at the helm for the past 12 years.
Siddharth Sharma, CEO, DTH, will be appointed director, marketing, and CEO, Connected Homes, while Pushpinder Gujral, CEO, Upper North, will be CEO and director, DTH, they said.
The country's first 'Writer's village' was jointly inaugurated by former President Ram Nath Kovind, Uttarakhand Governor Lt Gen Gurmeet Singh (retd) and Chief Minister Pushkar Singh Dhami.
Located in Thano village, about 24 km from Dehradun, the ‘Writer’s village’ is the brainchild of former chief minister Ramesh Pokhriyal Nishank, a distinguished writer himself.
On this occasion, during the three-day International Literature, Culture and Art Festival ‘Sparsh Himalaya Mahotsav-2024’, the first work of Writer’s village, ‘Ram in the Himalayas’, written by Nishank, was also released.
The South Pacific nation of Fiji has conferred its highest civilian honour upon Sri Sri Ravi Shankar, the global spiritual master and humanitarian leader, for his tireless contribution to the upliftment of the human spirit and bringing diverse communities together in peace and harmony.
Sri Sri Ravi Shankar was given the title of 'Honourary Officer Of The Order of Fiji' by the President of the Republic of Fiji, HE Ratu Wiliame M Katonivere, it added.
Fiji becomes the sixth country in the world to confer the highest civilian award upon Sri Sri Ravi Shankar, recognizing the vast scope of his humanitarian work globally.
Through The Art of Living which has been spreading happiness and harmony for the last 43 years, through its multifarious service initiatives in areas of mental health, education, environment, women and youth empowerment, and stress relief and meditation programs.
The General Assembly decided to proclaim 29 October as International Day of Care and Support. The International Labour Organization (ILO) will mark International Day of Care and Support 2024 by spotlighting the Resolution concerning Decent Work and the Care Economy, adopted by the ILO International Labour Conference in June 2024.
The theme for this year’s International Day of Care and Support (29 October) is, “Transforming Care Systems: Achieving the Sustainable Development Goals in the context of Beijing+30”.
Everyone needs care. It is the often invisible and mostly unpaid work that sustains families, communities, and economies.
The Reserve Bank said an entity seeking authorisation or recognition as a Central Counterparty (CCP) should have a minimum networth of Rs 300 crore at the time of submitting its application.
CCP means a system provider by way of novation interposes between system participants in the transactions admitted for settlement.
CCP becomes the buyer to every seller and the seller to every buyer to effect settlement of their transactions.
RBI updated its June 2019 norms for Central Counterparties.
According to the revised directions, every authorised CCP has to submit an audited networth certificate as at close of financial year from the statutory auditor within six months of the closure of FY.
Further, the authorised CCP should be a public company limited by shares. The central banks said a foreign CCP should apply to the RBI for approval as a recognised CCP for its operations including clearing and settlement in India.
Also, every authorised CCP should constitute a regulatory compliance committee chaired by an independent director.
