Veteran industrialist and Williamson Magor Group patriarch Brij Mohan Khaitandied on 1 June 2019 at his residence in Kolkata. He was 92. Khaitan is survived by his younger son Aditya and daughter Divya Jalan. Also known as the “evergreen tea man of India” globally, he had made the tea industry “Indian-owned” in the twilight era of independence. Mr.Khaitan’s career: Khaitan had recently resigned as […]

In April 2018, the United Nations General Assembly (UNGA) declared 3 June as International World Bicycle Day. The resolution for World Bicycle Day recognizes the uniqueness, longevity, and versatility of the bicycle, which has been in use for two centuries, and that it is a simple, affordable, reliable, clean and environmentally fit sustainable means of transportation. 2019 will be the second

SpiceJet’s Chairman and Managing Director Ajay Singh was elected to the board of the International Air Transport Association (IATA), less than three months after the airline joined the global grouping. Founder and former chairman of the now grounded Jet Airways Naresh Goyal, who was associated with the IATA for a long time, was a member on the

The presidential elections in Sri Lanka would be held between November 15 and December 7, Election Commission Chairman Mahinda Deshapriya has said, clarifying that according to constitutional provisions the polls must be held one month before the end of the current president’s term. Deshapriya’s clarification on the constitutional provisions regarding the date for the next

The Central Statistics Office (CSO), the rate of gross domestic product (GDP) growth in the January-March quarter of 2018-19 decreased to 5.8% as compared to the forecast of 6.5%. The economic growth rate for the full 2018-19 financial year stood at a 5-year low of 6.8% when compared with 7.1% The main reason behind the slip is

Asian Development Bank (ADB) and the Multilateral Investment Guarantee Agency (MIGA) agreed to expand Development Finance in Asia and Pacific to increase the flow of private sector investment. They signed a Cooperation Agreement which will be effective for 3 years from signing. This was signed in line with the 2030 Sustainable Development Goals(SDGs). The main aim is to

Karur Vysya Bank Ltd (KVB) partnered with Centrum Wealth Management Ltd(Centrum) to form private limited Joint Venture (JV) to provide wealth management services to its clients. KVB will hold 51% of the share capital, Centrum will hold 45% and the remaining 4% will be held by the JV’s Staff There will be 5 Board of

Assam government increased the parent’s annual income of students eligible for fee wavier scheme up to post graduation level from RS 1 Lakh to RS 2 Lakh. It was announced by Assam education minister Siddhartha Bhattacharya. The scheme does not apply for private colleges and universities in Assam. Children of parents working in state and central government

Apart from hiking the scholarship amount, now the ambit of the Scholarship Scheme is extended to the wards of State Police officials who are or were martyred during terror or Naxal attacks. The quota of new scholarships for children of state police officials will be 500 in a year. The rates of scholarship have also been

K. Kasturirangan Committee submitted the 484-pages draft report of National Education Policy to the new Union Human Resource Development Minister Ramesh Pokhariyal. The report on the National Education Policy mainly put out on the Ministry of Human Resource Development (MHRD)’s website for suggestions from the public The last date for the suggestions is June 30. The Committee