Month: April 2019

Exim Bank funded projects worth USD 267 million in Rwanda

Exim Bank funded projects worth USD 267 million in Rwanda India’s Export Import Bank (Exim Bank) has provided soft loans of USD 266.60 million to Rwanda for various projects.The funding, done in three separate tranches to Rwanda, is to support: 1) agricultural projects,2) development of special economic zones (SEZs) and3) for financing road project in the African nation. According to […]

Cabinet approved the funds for implementing 10 percent EWS Quota

Cabinet approved the funds for implementing 10 percent EWS Quota Union cabinet approved the sanction of Rs 4315.15 crore for the 158 Central Educational Institutions (CEIs) for implementation of reservation in admission to students belonging to Economically Weaker Section (EWS).With the approval of the Cabinet, over 2 lakh additional seats will be created in 158 Central Educational Institutions (CEIs) across the country to […]

Deutsche Bank appoints Kaushik Shaparia as CEO For India

Deutsche Bank appoints Kaushik Shaparia as CEO For India Deutsche Bankappointed Kaushik Shaparia as the chief executive officer for IndiaHe succeeds Ravneet Gill.Gill left the bank to head private lender YES Bank.Shaparia’s appointment will be effective from May 2019.About Deutsche BankTotal assets‎: ‎€1.348 trillion (2018)    Headquarters‎: FrNumber of employees‎: ‎91,700 (2018)  Operating income‎: ‎€1.330 billion

Christina Koch To Set Record For Longest Spaceflight By A Woman

Christina Koch To Set Record For Longest Spaceflight By A Woman NASA astronaut Christina Koch going to have her mission on the International Space Station (ISS) extended to 328 days, which would set a record for the longest single spaceflight by a woman.Koch, who arrived at the space station on March 14 is scheduled to remain in orbit […]

Bajrang regained top spot in world wrestling rankings

Bajrang regained top spot in world wrestling rankings India’s Bajrang Punia has regained the world number one spot in the men’s 65-kilogramWrestling freestyle category rankings.The rankings were released by United World Wrestling.Punia, who won Gold in the Asian Games and Commonwealth Games as well as a silver in the World Championships last year, secured 58 points ahead of Akhmed […]

Bank of Maharashtra Joins M1X change TReDS Platform for MSME Bill Discounting

Bank of Maharashtra Joins M1X change TReDS Platform for MSME Bill Discounting Bank of Maharashtra (BoM) partnered with M1Xchange Trade Receivables Discounting System (TReDS) platform for MSME bill discounting.TReDS is a digital platform to support micro, small and medium enterprises (MSMEs) to get their bills financed at a competitive rate through an auction where multiple […]

INS Shakti, INS Kolkata to take part in Chinese Navys 70th anniversary celebrations

INS Shakti, INS Kolkata to take part in Chinese Navys 70th anniversary celebrations The two Indian Navy Ships (INS) are scheduled to visit Chinese port of Qingdao from 21 to 26 Aprilto participate in an International Fleet Review to celebrate the 70th anniversary of People’s Liberation Army (PLA) Navy.INS Kolkata is the lead ship of the Kolkata-class stealth guided-missile destroyers of the Indian Navy.INS […]

India and France to hold their largest Naval Exercise VARUNA

India and France to hold their largest Naval Exercise VARUNA India and France are all set to hold their largest-ever naval exercise with aircraft carriers, destroyers, submarines and fighters early May as part of their expanding strategic partnership.The exercise has been christened ‘Varuna’ and will take place off Goa and Karwar from 1 May 2019.The conduct of Varuna exercise was reiterated in the Joint […]

ECI appointed Bihar Ex CEO AjayV Nayak as Special Observer for West Bengal

ECI appointed Bihar Ex CEO AjayV Nayak as Special Observer for West Bengal Election Commission of India (ECI) appointed Bihar’s former Chief Electoral Officer (CEO)Ajay V. Nayak as a special observer for West BengalHe is a retired IAS officer of the 1984-batch has been appointed as a special observer for West Bengal by ECI.The Commission has […]

WHO released 10 new guidelines on how countries can use digital health technology

WHO released 10 new guidelines on how countries can use digital health technology The World Health Organization (WHO) released new recommendations on 10 ways that countries can use digital health technology, accessible via mobile phones, tablets and computers, to improve people’s health and essential services.The recommendations are a result of a two-year-long research by the WHO on digital […]