Tech Mahindra named former Infosys President Mohit Joshi as MD and CEO Tech Mahindra, the Indian multinational technology company, has appointed Mohit Joshi as its Managing Director and Chief Executive Officer (CEO). Joshi will take over the role from CP Gurnani, who is retiring on April 1, 2021. Joshi was previously associated with Infosys for…
India tourism awards : India Receives Golden and Silver Star at Golden City Gate Tourism Awards India has won accolades at the prestigious Golden City Gate Tourism Awards, held in Berlin, Germany. The awards ceremony recognizes outstanding tourism campaigns, films, and multimedia productions from across the globe. India won two awards at the ceremony –…
Mount Merapi eruption : Indonesia’s Mount Merapi Volcano Erupts Covering Villages in Ash Mount Merapi, one of Indonesia’s most active volcanoes, erupted on 10th March 2022, covering nearby villages with a layer of ash. The eruption caused panic among residents, and authorities issued warnings to those living in the surrounding areas. This news is important…
Uttarakhand landslide index : Uttarakhand’s Rudraprayag, Tehri Top the List, says ISRO Report According to a recent report released by the Indian Space Research Organisation (ISRO), Rudraprayag and Tehri in Uttarakhand have topped the list of landslide-prone areas in India. The report provides the landslide susceptibility index (LSI) of different districts in India, which is…
Odisha government announces Rs 500 crore livelihood scheme for tribals The Odisha government has recently announced a Rs 500 crore livelihood scheme for tribals in the state. The scheme aims to provide a sustainable livelihood to the tribal population by promoting entrepreneurship and creating job opportunities in rural areas. The scheme is expected to benefit…
Pat McCormick, the first diver to win four gold medals, dies at 91 Pat McCormick, who made history by becoming the first diver to win four gold medals in the Olympics, has died at the age of 91. She passed at her home in Laguna Beach, California. McCormick, who competed in the 1952 and 1956…
Uttarakhand Launches Insurance Scheme for Sericulturists Uttarakhand has become the first state in India to launch an insurance scheme for sericulturists, announced state Agriculture Minister Ganesh Joshi on 10th March 2023. The scheme is expected to provide a safety net to sericulturists, who often face financial difficulties due to crop losses caused by natural calamities,…
The Reserve Bank of India (RBI) has given approval for the reappointment of Sumant Kathpalia as the Managing Director and CEO of IndusInd Bank. This approval has come after Kathpalia’s three-year term ended on March 23, 2023. The reappointment of Kathpalia has been approved for three years starting from March 24, 2023, until March 23,…
India’s Digital Payments Market Will More Than Triple to $10 Trillion by 2026 Digital payment systems have been rapidly gaining traction in India in recent years, thanks to the government’s push towards a cashless economy and increased adoption of smartphones and internet services. According to a report by RedSeer Consulting, India’s digital payments market is…
PMLA 2002 Amended to Include Cryptocurrency Trade The Indian government has recently amended the Prevention of Money Laundering Act (PMLA) 2002 to include transactions related to cryptocurrencies such as Bitcoin, Ethereum, and other digital currencies. This move comes after the Reserve Bank of India (RBI) had banned banks from dealing with cryptocurrency exchanges in 2018,…
