Monthly Archives: April 2021

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NATO military exercises launched in Albania

North Atlantic Treaty Organization (NATO) has launched joint military exercises “DEFENDER-Europe 21” in Albania with thousands of military forces from the United States and other countries in the first such large-scale drills since World War II in the Western Balkans. Albania is playing a critical part in the DEFENDER-Europe 21 exercise with Joint Logistics Over-the-Shore […]

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RBI joins network for greening financial system

The Reserve Bank of India (RBI) has joined the Central Banks and Supervisors Network for Greening the Financial System (NGFS) as a member. The central bank joined the NGFS on April 23, 2021. Green finance assumed significance in the context of climate change. The RBI expects to benefit from the membership of NGFS by learning […]

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Niraj Bajaj named Bajaj Auto Chairman

Bajaj Auto has announced the appointment of Neeraj Bajaj as its new Chairman of the Board with effect from May 1, 2021. The automaker has also announced Rahul Bajaj as its Chairman Emeritus. This will be taken up at the ensuing annual general meeting for the approval of the shareholders. Buy Prime Test Series for […]

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American Astronaut-Pilot Michael Collins Passes Away

The American astronaut, Michael Collins, who was the command module pilot for the Apollo 11 mission to the moon, has passed away, after losing his battle to cancer. During the three-man Apollo 11 crew mission in 1969, Collins kept the command module flying while the other two members, Neil Armstrong and Buzz Aldrin became the […]

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Nirmala Sitharaman inaugurates India’s first 3D printed house at IIT-M

The Union Finance Minister, Nirmala Sitharaman virtually inaugurated the first 3D printed house in India at the Indian Institute of Technology Madras (IIT-M). The concept of this 3D printed house was conceived by former IIT-M alumni. The single-storey home has been built in just five days over an area of about 600 sq. ft using […]

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HDFC Bank top arranger of corporate bond deals in FY21

HDFC Bank has emerged as the top arranger of corporate bond deals in 2020-21 (FY21). Axis Bank came in second, while ICICI Bank third. However, for the last quarter of FY21, i.e January- March 2021, Axis Bank was the top arranger of corporate bond deals while HDFC was second in the last quarter. Axis Bank […]

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ICICI Bank launches Digital banking Platform ‘Merchant Stack’

The ICICI Bank has announced the launch of a digital and contactless banking platform, especially for retail merchants. The service, called ‘Merchant Stack’, is targeted at the over 2 crore retail merchants in the country, covering grocers, supermarkets, large retail store chains, online businesses and large e-commerce firms. Buy Prime Test Series for all Banking, […]

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TV Somanathan named finance secretary by ACC

The Appointments Committee of the Cabinet (ACC) has approved the appointment of T V Somanathan as the new Finance Secretary. He will replace Ajay Bhushan Pandey who superannuated in February 2021. Somanathan, a 1987 batch IAS officer of Tamil Nadu cadre, was currently serving as the Secretary, Department of Expenditure, Ministry of Finance. Buy Prime […]

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International Jazz Day: 30 April

The International Jazz Day is celebrated on 30 April every year to highlight the importance of jazz and its diplomatic role in uniting people in all corners of the globe. The 2021 celebration marks the 10th Anniversary of International Jazz Day. The day was created on the idea of jazz pianist and UNESCO Goodwill Ambassador […]

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Ayushman Bharat Diwas: April 30

Every year, the Ayushman Bharat Diwas is celebrated on April 30 in India. The Ayushman Bharat Diwas is celebrated to achieve twin missions. They are to promote health and wellness to the poor and also to provide insurance benefits to them. The day aims to promote affordable medical facilities in remote areas of the country […]