February 2023

Former Mastercard CEO, Ajay Banga nominated to Lead World Bank

Former Mastercard CEO, Ajay Banga nominated to Lead World Bank

Former Mastercard CEO, Ajay Banga nominated to Lead World Bank : US President Joe Biden said Thursday that Washington is nominating former Mastercard Chief Executive Ajay Banga to lead the World Bank, after its current chief David Malpass announced plans to step down early. The development lender has just started accepting candidate nominations in a […]

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Thomas Cook, Pine Labs launch UPI payment facility for foreign visitors

Thomas Cook, Pine Labs launch UPI payment facility for foreign visitors

Thomas Cook, Pine Labs launch UPI payment facility for foreign visitors : Pine Labs, a leading merchant commerce omnichannel platform and Thomas Cook (India) Limited, India’s leading foreign exchange service provider, have partnered with National Payments Corporation of India (NPCI), in a pioneering initiative to ensure safe, seamless, convenient merchant payments via UPI for foreign

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Abu Dhabi defence firm, India's HAL sign MoU at UAE's defence expo

Abu Dhabi defence firm, India’s HAL sign MoU at UAE’s defence expo

Abu Dhabi defence firm, India’s HAL sign MoU at UAE’s defence expo : UAE’s leading defense group, EDGE signed a Memorandum of Understanding with India’s aerospace firm Hindustan Aeronautics Limited (HAL) at the International Defence Exhibition and Conference (IDEX). Aim: To explore the areas of cooperation, including joint design and development of missile systems and Unmanned aerial vehicles (drones). February

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NTPC ranked as the top Independent Power Producers

NTPC ranked as the top Independent Power Producers

NTPC ranked as the top Independent Power Producers: National Thermal Power Corporation (NTPC) Limited, the country’s largest power generating company has been ranked as the number one independent power producer and energy trader globally in the S&P Global Commodity Insights Top 250 Global Energy Company Rankings-2022. These rankings are based on four key metrics: Asset worth,

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Kotak Mahindra Bank launches corporate customer platform fyn

Kotak Mahindra Bank launches corporate customer platform fyn

Kotak Mahindra Bank launches corporate customer platform fyn: Private lender Kotak Mahindra Bank on Tuesday launched Kotak fyn, a unified portal for corporate customers to track their payments, collections, trade and other services related to their bank accounts. The bank is also planning to introduce a new loan origination and management system that would digitize

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ICAR develops a new HD-3385 wheat variety that can beat the heat

ICAR develops a new HD-3385 wheat variety that can beat the heat

ICAR develops a new HD-3385 wheat variety: The Indian Council of Agricultural Research (ICAR) has developed a new type of wheat to address issues caused by changing weather patterns and rising temperatures. This brand-new HD-3385 wheat variety may be sown early, evades the effects of heat waves, and is ready for harvest by the end

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Uttarakhand govt inks deal for ropeway at Yamunotri Dham

Uttarakhand govt inks deal for ropeway at Yamunotri Dham

Ropeway at Yamunotri Dham : The Uttarakhand government has signed a contract to build a 3.38-kilometer ropeway connecting Janki Chatti in Kharsali with Yamunotri Dham. To be built at a cost of Rs 166.82 crore, the ropeway will cut down the travel time from the current 2-3 hours to just 20 minutes. At present pilgrims

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Pakistan receives $700 mln funds from China

Pakistan receives $700 mln funds from China

Pakistan receives $700 mln funds from China: Ishaq Dar, Pakistan’s Finance Minister, announced that his country has received $700 million from the China Development Bank. The deposit comes as Pakistan has been struggling with its external debt and has barely enough dollars to cover less than three weeks’ worth of imports. Finance Minister Ishaq Dar

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7-year-old Prince from Bhutan becomes first digital citizen of the country

7-year-old Prince from Bhutan becomes first digital citizen of the country

7-year-old Prince from Bhutan becomes first digital citizen of the country: Bhutan has begun to modernise its digital infrastructure. The Himalayan kingdom recently welcomed its first digital citizen. The Bhutan National Digital Identity (NDI) mobile wallet, Royal Highness The Gyalsey (Prince) Jigme Namgyel Wangchuck has become the first digital citizen of Bhutan. The system under

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