May 2022

PM Modi inaugurates India’s biggest drone festival

PM Modi inaugurates India’s biggest drone festival

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PM Narendra Modi will inaugurate India’s biggest drone festival at Pragati Maidan, New Delhi and interact with kisan drone pilots as well as witness open-air drone demonstrations. ‘Bharat Drone Mahotsav 2022’ is a two-day event and being held on May 27 and 28. Many government officials, foreign diplomats, armed forces, public sector undertakings, private companies, central armed police forces, and […]

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SC appoints 3-member Committee to oversee the functioning of AIFF

SC appoints 3-member Committee to oversee the functioning of AIFF

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The Supreme Court (SC) has appointed a three-member Committee of Administrators (CoA) to oversee the running of the All India Football Federation (AIFF) till elections are held to the game’s governing body in the country and the adoption of its constitution in accordance with the National Sports Code and model guidelines, led by former apex

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Kolkata Becomes First Metro City To Get Its Biodiversity Register

Kolkata Becomes First Metro City To Get Its Biodiversity Register

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Kolkata is the first metro city in the country to prepare a detailed register of biodiversity, mayor Firhad Hakim said. Kolkata Municipal Corporation released the People’s Biodiversity Register (PBR), a document with details about the floral and faunal varieties in the city as well as its land use and human activities. The document is prepared

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Param Porul supercomputer inaugurated at NIT Tiruchirappalli

Param Porul supercomputer inaugurated at NIT Tiruchirappalli

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In a joint initiative of the Ministry of Electronics and Information Technology (MeitY) and the Department of Science and Technology (DST), a state-of-the-art Supercomputer, PARAM PORUL was inaugurated at NIT Tiruchirappalli on May 25, 2022. NIT, Tiruchirappalli has been carrying out research in the areas of societal interest such as Health, Agriculture, Weather, and Financial

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WEF's Travel and Tourism Development Index 2021 released

WEF’s Travel and Tourism Development Index 2021 released

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The World Economic Forum’s (WEF) has released the Travel & Tourism Development Index which comprises 117 countries. Top 10: Japan, United States, Spain, France, Germany, Switzerland, Australia, United Kingdom, Singapore, Italy India is the top scorer in South Asia and placed at 54th (fall by 8 rankings). The WEF’s index has shown various positive trends but the tourism and travel industry is still

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IndusInd Bank ties up with Mahagram to develop digital payments system

IndusInd Bank ties up with Mahagram to develop digital payments system

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Mahagram (Rural NEO Bank) has signed a partnership with the IndusInd Bank to digitize the nation’s payment ecosystem and provide a wider scope to transact for its customers in rural India. Aim: To boost financial inclusion, encourage socio-economic development, mitigate the risks of a shadow economy, and accelerate the growth of a cashless society. Mahagram was founded in

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UCO Bank ties up with NBFC Paisalo Digital for agriculture loan

UCO Bank ties up with NBFC Paisalo Digital for agriculture loan

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UCO Bank has signed a co-lending agreement with NBFC Paisalo Digital Limited for agriculture business to capitalize the underbanked and under-serviced population. The tie-up will give a boost to the agriculture advance of the bank and it is a win-win situation for the bank as well as the NBFC. The Government of India aims to help agriculture and other small borrowers who are

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GIC buys 7.5% stake in Aditya Birla Fashion and Retail

GIC buys 7.5% stake in Aditya Birla Fashion and Retail

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GIC (sovereign wealth fund) is acquiring a 7.5% equity stake in Aditya Birla Fashion and Retail (ABFRL) for Rs 2,195 crore. The investment will be made by way of preferential equity and warrants. In the first tranche, the GIC will invest Rs 770 crore, while the rest amount of Rs 1,425 crore would be infused within 18 months. After the investment,

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Ruskin's book titled 'Listen to Your Heart: The London Adventure' released

Ruskin’s book titled ‘Listen to Your Heart: The London Adventure’ released

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A new book titled “Listen to Your Heart: The London Adventure” authored by Ruskin Bond, was published by Penguin Random House India (PRHI) on Ruskin Bond’s 88th birthday (19th May 2022). The book highlighted how he spent four years of his life in the Channel Islands and England. Ruskin Bond was born in 1934, in Kasauli, and he grew up in Dehradun, Shimla, Jamnagar,

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