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Daily Archives: June 17, 2021

June 17, 2021 -_3.1

ICICI Bank launches ‘ICICI STACK for Corporates’

ICICI Bank has announced the launch of ‘ICICI STACK for Corporates’, a comprehensive set of digital banking solutions for corporates and their entire ecosystem including promoters, group companies, employees, dealers, vendors and all other stakeholders. The wide range of 360-degree solutions enables corporates to seamlessly meet all banking requirements of their ecosystem in an expeditious …

June 17, 2021 -_5.1

Central Govt launched “Project O2 for India” initiative

The government of India has launched ‘Project O2 for India’ to step up production of medical oxygen to meet the potential increase in demand due to further waves of the pandemic. ‘Project O2 for India’, an initiative of the Office of Principal Scientific Adviser, Government of India (GoI), aims to help stakeholders working to augment …

June 17, 2021 -_6.1

Defence Minister Approves Budgetary Support of Rs 499 cr for innovations

Defence Minister Rajnath Singh has approved the budgetary support of Rs 498.8 crore for iDEX-DIO (Innovations for Defence Excellence – Defence Innovation Organisation) for the next five years. The funds will be used to provide financial support to nearly 300 start-ups, micro, small and medium enterprises (MSMEs) and individual innovators with a larger goal of …

June 17, 2021 -_7.1

SIPRI Yearbook 2021: China, India, Pakistan expanding nuclear arsenal

Stockholm International Peace Research Institute(SIPRI) has released the SIPRI Yearbook 2021. The report assesses the current state of armaments, disarmament and international security. China is in the middle of significant modernisation and expansion of its nuclear weapon inventory, and India and Pakistan also appear to be expanding their nuclear arsenals. Buy Prime Test Series for …

June 17, 2021 -_8.1

Policybazaar gets insurance broking licence

Policybazaar has got approval from regulator IRDAI to undertake insurance broking, a development that will help the company augment business and expand its bouquet of services. With this development, the company will surrender its web aggregator licence to the Insurance Regulatory and Development Authority of India (IRDAI) and undertake business including insurance aggregation under the …

June 17, 2021 -_9.1

ADB inks USD 484 million loan with GoI to upgrade road network in Tamil Nadu

The Asian Development Bank (ADB) and the Government of India have signed a $484 million loan, to improve transport connectivity and facilitate industrial development in the Chennai–Kanyakumari Industrial Corridor (CKIC) in Tamil Nadu. “The project is key to providing seamless road connectivity across industrial clusters, transport gateways and consumption centres, and help reduce logistics and …

June 17, 2021 -_10.1

Cabinet approves Deep Ocean Mission of Ministry of Earth Sciences

The Union Cabinet chaired by Prime Minister Narendra Modi has approved the implementation of  “Deep Ocean Mission”.  This mission is proposed by the Ministry of Earth Sciences (MoES), to explore the deep ocean for resources and develop deep-sea technologies for sustainable use of ocean resources. Buy Prime Test Series for all Banking, SSC, Insurance & …

June 17, 2021 -_11.1

IIT Bombay Hosts Conference of BRICS Network Universities 2021

The Indian Institute of Technology Bombay (IIT Bombay) is hosting a three day virtual “Conference of BRICS Network Universities”. This conference is being held as a part of India’s Chairmanship of the 13th BRICS Summit in 2021. The basic objective of BRICS Network University is enhancing educational cooperation in general, and especially in the realm of …