The appointment committee of the cabinet has approved the appointment of Vivek Kumar as the PS to Prime Minister Narendra Modi at joint secretary level. He will take over as PM Modi’s private secretary from Sanjeev Kumar Singla. Kumar has joined the PMO as a deputy secretary in 2014. He is a BTech in chemical engineering from […]
The Ministry of Railways has announced that it’s going to collaborate with IIT Madras for the development of a made-in-India Hyperloop system. It has also announced that it’ll be setting up a Centre for Excellence for Hyperloop technologies at the aforementioned institution. India has shown interest in Hyperloop tech since 2017, by then Railway Minister Suresh Prabhu. In fact, the
Indian Railways and IIT Madras Partner To Develop India’s First Indigenous Hyperloop Read More »
As per the Ministry of Commerce and Industry, India has recorded the “highest ever” annual FDI inflow of USD 83.57 billion in 2021-22. In 2020-21, the inflow stood at USD 81.97 billion. FDI equity inflow in manufacturing sectors has increased by 76% in 2021-22 (USD 21.34 bn) compared to 2020-21. Top investors: Singapore (27%); USA (18%) and Mauritius (16%) Computer software and hardware attracted maximum inflows
FDI inflow at all-time high of $83.57 bn in 2021-22 Read More »
Hyderabad-based space tech startup Skyroot Aerospace on May 19 announced the successful completion of a full duration test-firing of its Vikram-1 rocket engine, the country’s first privately designed and developed rocket. The company announced the completion of the milestone of full duration test-firing of its Vikram-1 rocket stage. The third stage, named Kalam-100 after former President
Skyroot Aerospace successfully test fires its rocket engine Read More »
The Supreme Court has ordered to constitute 25 special courts with a retired judge in five states for expeditious disposal of cheque bounce cases. The special courts under the Negotiable Instruments Act will be set up in Maharashtra, Delhi, Gujarat, Uttar Pradesh and Rajasthan in view of a large number of pending cases. The special courts shall follow the same procedure with respect to trial as
SC orders constitution of 25 special courts for cheque bounce cases Read More »
According to a Department of Post circular, the NEFT facility has been made available for Post Office Savings Accounts holders from May 18, 2022, and RTGS facility will be available from May 31, 2022. This facility enables POSB customers to transfer funds to and from other bank accounts to POSB Accounts in DoP-CBS (DoP-CBS stands for Department of Posts – Core Banking Solutions).
NEFT, RTGS facility available for post office savings account holder Read More »
National Endangered Species Day 2022: Every year the third Friday of May is celebrated as National Endangered Species Day. National Endangered Species Day 2022 is observed on the 20th of May. it marks the 16th National Endangered Species Day. The main purpose of National Endangered Species Day is to emphasise conserving our planet Earth’s flora and fauna.
National Endangered Species Day 2022: Theme, History Read More »
Union Cabinet Minister of Electronics & Information Technology, Communications and Railways, Ashwini Vaishnaw has inaugurated the National Institute of Electronics and Information Technology (NIELIT) Centre Leh, Extension Centre Kargil and IT Enabled Incubation Centre for Handicraft and Handloom Sector. Union Minister, Sh. Ashwini Vaishnaw, while inaugurating the NIELIT Centres at Leh, Kargil and Incubation Centre at Leh, reiterated the
Ashwini Vaishnaw Opened NIELIT Center in Leh, Ladakh Read More »
The Supreme Court used Article 142 of the Constitution to grant AG Perarivalan, a convict in the assassination of former Prime Minister Rajiv Gandhi, extraordinary powers to “do complete justice in any cause or matter pending before it.” Perarivalan was released free by a bench of justices led by L.N. Rao and B.R. Gavai, who took into account his lengthy incarceration. Perarivalan
Supreme Court has ordered the release of Rajiv Gandhi’s assassination suspect Read More »
A report commissioned by the Economic Advisory Council (EAC) to the Prime Minister on Wednesday suggested that the government roll out a universal basic income (UBI) scheme to reduce stark income gaps and launch a guaranteed employment programme for the urban unemployed. Citing the country’s uneven income distribution, the report also advocated raising the minimum
Panel of PM’s Office recommends urban job guarantee scheme Read More »
