RBI Clears Tata Communications’ Payment Arm Sale to Findi: The Reserve Bank of India has approved Tata Communications’ sale of its entire stake in Tata Communications Payment Solutions Ltd to Australian fintech Findi’s subsidiary, Transaction Solutions International for ₹330 crore, with an additional ₹75 crore contingent on interchange rate adjustments.
India Secures Place on UN’s Honour Roll for Timely Budget Payment
India Secures Place on UN’s Honour Roll for Timely Budget Payment: India has once again demonstrated its commitment to global cooperation by making a timely payment to the United Nations (UN) regular budget. On January 31, 2024, India contributed USD 32.895 million to the UN, securing its place on the prestigious Honour Roll, which acknowledges […]
Odisha Govt Launches ‘Bikashita Gaon’ Scheme for Village Development
Odisha Govt Launches ‘Bikashita Gaon’ Scheme for Village Development: Odisha Chief Minister Mohan Charan Majhi launched the ‘Bikashita Gaon Bikashita Odisha’ (BGBO) scheme in Jankia, Khordha district. The initiative aims to enhance rural infrastructure development across Odisha. With a ₹5,000 crore budget for five years, the scheme will focus on improving road connectivity, civic amenities, […]
Pakistan Joins China’s Chang’e-8 Lunar Mission
Pakistan Joins China’s Chang’e-8 Lunar Mission: Pakistan’s space program, the Space and Upper Atmosphere Research Commission (SUPARCO) has partnered with China National Space Administration (CNSA) for the upcoming Chang’e-8 lunar mission, scheduled for launch in 2028. This marks Pakistan’s first major involvement in a lunar exploration mission and signifies a significant step in its space […]
World’s First Kangaroo Embryos Created via IVF
World’s First Kangaroo Embryos Created via IVF: Researchers have successfully created kangaroo embryos through in vitro fertilization (IVF) for the first time. This achievement could revolutionize the conservation of endangered marsupial species, helping to protect them from extinction.The study, published in the journal Reproduction, Fertility and Development, was led by scientists at the University of […]
Panama Withdraws from China’s Belt and Road Initiative
Panama Withdraws from China’s Belt and Road Initiative: Panama has officially announced its withdrawal from China’s Belt and Road Initiative (BRI), marking a significant geopolitical realignment. President José Raúl Mulino’s decision reflects growing tensions between global powers, particularly the United States and China, over the strategic Panama Canal. The move signals a shift in Panama’s […]
Shrachi Rarh Bengal Tigers Clinch Title of Hockey India League
Shrachi Rarh Bengal Tigers Clinch Title of Hockey India League: Men’s Hockey India League (HIL) 2024-25 season culminated in a thrilling final, where Shrachi Rarh Bengal Tigers triumphed over Hyderabad Toofans with a 4-3 victory. The intense showdown at Birsa Munda International Hockey Stadium in Rourkela.
SEBI Penalizes DB Realty and Associates for Financial Misstatements
SEBI Penalizes DB Realty and Associates for Financial Misstatements: The Securities and Exchange Board of India (SEBI) has imposed a total fine of ₹25 lakh on DB Realty Ltd (now known as Valor Estate Ltd) and seven associated individuals for violations related to financial misstatements and non-disclosures. The penalties were levied due to the company’s […]
SBI’s Q3 FY25
SBI’s Q3 FY25: State Bank of India (SBI) reported an 84% rise in net profit for Q3 FY25, surpassing market expectations. The bank’s net interest income (NII) increased by 4%, while employee expenses declined significantly. SBI demonstrated strong loan growth, improved asset quality, and higher deposit mobilization. Despite a dip in CASA ratio, the overall […]
BIMSTEC Youth Summit 2025 in Gandhinagar
BIMSTEC Youth Summit 2025 in Gandhinagar: The BIMSTEC Youth Summit 2025 will be held in Gandhinagar, Gujarat, from 7th to 11th February 2025, bringing together young leaders from Bangladesh, Bhutan, India, Myanmar, Nepal, Sri Lanka, and Thailand to foster regional collaboration.The summit will be inaugurated on 8th February 2025 by Union Minister Dr. Mansukh Mandaviya, […]
