A) IMF support package for Ukraine : IMF approves $15.6 billion support package for Ukraine The International Monetary Fund (IMF) has approved a $15.6 billion support package for Ukraine to help the country cope with economic challenges caused by the COVID-19 pandemic. This three-year Extended Fund Facility (EFF) will enable Ukraine to continue implementing its…
RLV-TD mission : Reusable Launch Vehicle Mission: What is ISRO’s RLV-TD project? India’s space agency, the Indian Space Research Organisation (ISRO), has been working on the development of a Reusable Launch Vehicle Technology Demonstrator (RLV-TD) since 2016. The project is aimed at creating a reusable rocket that can be launched into space multiple times. Why…
Indian-origin Robotics Engineer to Head NASA’s Newly Established Moon to Mars Programme NASA, the United States space agency, has announced the appointment of an Indian-origin robotics engineer, Dr. Bhavya Lal, as the acting chief of the agency’s newly established Moon to Mars exploration programme. Dr. Lal’s appointment to the role marks a significant milestone as…
Fino Payments Bank Partners with Rajasthan Royals as Digital Banking Partner for IPL 2023 Fino Payments Bank has partnered with the Rajasthan Royals, one of the most popular teams in the Indian Premier League (IPL), as its digital banking partner for IPL 2023. As part of the partnership, Fino Payments Bank will offer a range…
GST revenue collection increases 13% to ₹1.60 lakh crore in March 2023 The Goods and Services Tax (GST) revenue collection in India has increased by 13% to ₹1.60 lakh crore in March 2023, according to the Ministry of Finance. The government’s efforts to curb tax evasion, streamline tax administration, and promote digital transactions have resulted…
Central Government Notifies Appointment of Justice TS Sivagnanam as Acting Chief Justice of Calcutta High Court The Central Government has recently notified the appointment of Justice TS Sivagnanam as the Acting Chief Justice of the Calcutta High Court. He will be taking charge of the office after the retirement of the current Chief Justice on…
World Bank assistance Odisha : World Bank approves $100 million to increase social protection and disaster resilience in Odisha The World Bank has approved a $100 million loan to the state of Odisha in India, to improve social protection programs and enhance the state’s resilience to natural disasters. The project, titled the “Odisha Disaster Resilience…
Women Entrepreneurs in India : BharatPe collaborates with NITI Aayog’s Women Entrepreneurship Platform to empower MSMEs in India BharatPe, an Indian fintech firm, has partnered with NITI Aayog’s Women Entrepreneurship Platform (WEP) to support women entrepreneurs in the micro, small and medium enterprise (MSME) sector. This partnership aims to provide easy access to working capital…
Tata Power CEO : Tata Power re-appoints Praveer Sinha as CEO Tata Power, one of India’s largest integrated power companies, has re-appointed Praveer Sinha as its CEO for another five years. Sinha has been with the company for over two decades and has played a pivotal role in transforming Tata Power into a leading player…
Hero MotoCorp CEO appointment : Hero MotoCorp Appoints Niranjan Gupta as New CEO Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has appointed Niranjan Gupta as its new Chief Executive Officer (CEO). Gupta has been with the company for more than a decade, serving in various leadership positions, and is now taking over…
