Italy Defeats Australia to Win Davis Cup for First Time Since 1976 Italy secured a historic victory in the world of tennis by clinching the prestigious Davis Cup, triumphing over Australia after a gap of nearly five decades. The Italian team’s exemplary performance and unwavering determination propelled them to this remarkable achievement in the world’s…
HDFC Bank Appoints Former NABARD Chairman Harsh Kumar Bhanwala as Director In a significant move, HDFC Bank, one of India’s leading private sector banks, has appointed Harsh Kumar Bhanwala, the former Chairman of NABARD (National Bank for Agriculture and Rural Development), as its Director. This strategic decision by HDFC Bank’s board of directors marks a…
RBI Extends Payments Infrastructure Scheme by 2 Years till Dec 2025; Expands Scope The Reserve Bank of India (RBI) has recently announced a significant extension and broadening of the Payments Infrastructure Development Fund (PIDF) scheme until December 2025. The PIDF, initially introduced in January 2019, aimed to encourage deployment of payment infrastructure in underserved areas….
HDFC Securities Launches Mobile Trading App HDFC Sky on AWS Cloud HDFC Securities, a prominent player in the stockbroking industry, recently made waves in the market with the introduction of its cutting-edge mobile trading application, HDFC Sky. This innovative platform is set to revolutionize the trading experience for users, boasting seamless functionality and enhanced accessibility,…
IndiGo Unveils AI-Powered Chat Assistant “6EskAI” Following Air India’s Lead In a strategic move towards enhancing customer service and technological advancement, IndiGo, one of India’s leading airlines, has recently unveiled its AI-driven chat assistant named “6EskAI.” This initiative follows in the footsteps of Air India, which previously introduced a similar AI-powered system. The deployment of…
Ministry of Power Honored with Medal for Excellence at IITF 2023 The Ministry of Power was recently conferred with the prestigious Medal for Excellence at the 2023 Indian International Trade Fair (IITF). This recognition highlights the significant strides made by the Ministry in revolutionizing India’s power sector. The award was presented amidst a gathering of…
Col. Sunita B’s Appointed First Female Commanding Officer at Armed Forces Transfusion Centre Colonel Sunita B has shattered the glass ceiling by becoming the inaugural female Commanding Officer at the Armed Forces Transfusion Centre. Her appointment marks a significant stride towards gender equality and inclusivity in the armed forces. Col. Sunita B, renowned for her…
Angkor Wat Becomes the 8th Wonder of the World Angkor Wat, the magnificent temple complex in Cambodia, has been honored with the title of the 8th Wonder of the World, adding a prestigious accolade to its already storied history. This UNESCO World Heritage Site stands as a testament to the grandeur of ancient Khmer architecture,…
SEBI Plans to Introduce Same-Day Trade Settlement by March 2024 The Securities and Exchange Board of India (SEBI) recently unveiled its ambitious plan to implement same-day trade settlement by March 2024. This revolutionary move aims to transform the trading landscape in the country’s stock markets, bringing a paradigm shift from the existing T+2 (trade date…
New Zealand Abandons Landmark Smoking Ban for Generation to Fund Tax Cuts New Zealand recently made a significant decision to abandon a landmark smoking ban aimed at the ‘Smokefree 2025’ initiative. The abandonment comes as part of the government’s plan to cater to the fiscal needs of the generation by funding tax cuts. This move…
