Current Affairs April 2022

SIDBI gives in-principle nod for ₹600-crore assistance to Maharashtra

SIDBI gives in-principle nod for ₹600-crore assistance to Maharashtra

Small Industries Development Bank of India has provided the first approval under the SIDBI Cluster Development Fund (SCDF) to the Maharashtra Govt.  The ₹600 crore aid has been approved for reviving/ upgrading ITIs/polytechnics run by the Directorate of Vocational Education and Training under the Department of Skills, Employment, Entrepreneurship and Innovation. SIDBI is the principal financial institution focused on promotion, financing and development […]

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As Co-Chair, Ashwin Yardi, CEO of Capgemini India, joins the UNICEF YuWaah Board

As Co-Chair, Ashwin Yardi, CEO of Capgemini India, joins the UNICEF YuWaah Board

YuWaah (Generation Unlimited India) in India announced that Ashwin Yardi, CEO of Capgemini in India, comes on board to be the co-chair of YuWaah, effective immediately along with Yasumasa Kimura, UNICEF Representative a.i who is the co-chair of YuWaah.   KEY POINTS: The YuWaah Board would now function as a decision-making body and consist primarily

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Indian SaaS to reach $100 billion in revenues by 2026: Report

Indian SaaS to reach $100 billion in revenues by 2026: Report

According to the 2022 edition of the Chiratae-Zinnov India SaaS report titled, “India SaaS – Punching Through the Global Pecking Order, the Indian SaaS (Software As A Service) industry is set to clock in $100 billion in revenues by 2026. The industry in India is witnessing a ‘coming-of-age’ moment, “with an incredible bull run that has firmly anchored its position

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Suman Bery to replace Rajiv Kumar as NITI Vice Chairman

Suman Bery to replace Rajiv Kumar as NITI Vice Chairman

Noted economist Suman Bery has been appointed as Niti Aayog Vice-Chairman with effect from May 1, 2022. He was appointed after Rajiv Kumar stepped down from the post. The Government accepted his resignation. Kumar, an eminent economist, took over as vice chairman of Niti Aayog in August 2017 after the then VC Arvind Panagariya exited the govt think-tank. Niti Aayog came into existence on January

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Dhanlaxmi Bank signed MoU with CBDT, CBIC for tax collection

Dhanlaxmi Bank signed MoU with CBDT, CBIC for tax collection

Dhanlaxmi Bank on Thursday said it has signed a memorandum of understanding with Central Board of Direct Taxes (CBDT) and Central Board of Indirect Taxes and Customs (CBIC) for collection of taxes. The bank has been authorised by the Reserve Bank of India (RBI) based on the recommendation from the Controller General of Accounts for collection of various taxes, Dhanlaxmi Bank said in a

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Aditya Birla Capital appoints ICICI bank's Vishakha Mulye as the next CEO

Aditya Birla Capital appoints ICICI bank’s Vishakha Mulye as the next CEO

Aditya Birla Capital has appointed Vishakha Mulye as its next Chief Executive Officer. Mulye is currently the executive director in charge of corporate banking, proprietary trading, markets and transaction banking. Mulye replaces Ajay Srinivasan who will now take up another role within the Aditya Birla Group. In her prior roles, she was the head of ICICI Lombard and

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PM Modi inaugurated development projects worth Rs 22,000 crores in Dahod, Gujarat

PM Modi inaugurated development projects worth Rs 22,000 crores in Dahod, Gujarat

Prime Minister Narendra Modi inaugurated multiple development projects in Dahod and Panchmahal, Gujarat. The projects that were inaugurated and laid foundation stones for are worth Rs 22,000 crores. The event was attended by Gujarat CM Bhupendra Patel and other senior leaders as well. After the inauguration, he addressed the people at the event. Dahod District

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Insurance Scheme – PMGKP for health workers fighting COVID-19 extended

Insurance Scheme – PMGKP for health workers fighting COVID-19 extended

Insurance Scheme – PMGKP for health workers fighting COVID-19 extended: The ‘Pradhan Mantri Garib Kalyan Package (PMGKP), insurance scheme for Health Care Workers Fighting COVID-19’ has been extended for a further period of 180 days from 19th April, 2022. It has been decided to extend the policy so as to continue to provide the safety net

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