IBF appoints Justice (retd.) Vikramjit Sen as the chairman

IBF appoints Justice (retd.) Vikramjit Sen as the chairman

June 2, 2021

The Indian Broadcasting Foundation (IBF) announced the appointment of former Supreme Court judge Justice Vikramjit Sen as the Chairman of its newly formed self-regulatory body Digital Media Content Regulatory Council (DMCRC). DMCRC is formed as per the mandate of the Information Technology (Intermediary Guidelines and Digital Media Ethics Code) Rules, 2021. The move was done …

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OECD estimate growth cut of India to 9.9% FY22

June 2, 2021

The Organisation for Economic Co-operation and Development (OECD) has cut India’s growth projection to 9.9 % for Financial Year 2022. In March, it estimated growth to 12.6%. The rate was cut witnessing covid cases lockdowns which have threatened to stall the nascent economic recovery of India. As per OECD, “pandemic can be contained quickly but …

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Centre for World University Rankings 2021-22 announced

June 2, 2021

Centre for World University Rankings 2021-22 has announced, 19,788 institutions were ranked, and those that placed at the top made the global 2000 list. Harvard University has topped the ranking globally followed by Massachusetts Institute of Technology, Stanford University, University of Cambridge, and Oxford University respectively. Buy Prime Test Series for all Banking, SSC, Insurance …

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WHO names Covid-19 variants first found in India as ‘Kappa’ and ‘Delta’

June 2, 2021

The UN health agency, World Health Organisation (WHO), has given easy-to-say labels to two variants of the Covid-19, first found in India. The two variants are B.1.617.1 and B.1.617.2. The B.1.617.1 variant of the Covid 19 has been named as ‘Kappa’ while the B1.617.2 variant is named as ‘Delta.’ Buy Prime Test Series for all …

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SBI Economists Revises GDP Growth Estimate in FY22 to 7.9%

June 2, 2021

SBI economists, in its research report “Ecowrap”, has sharply cut the GDP growth estimates for the Indian economy to 7.9 per cent in FY22, compared to an earlier projection of 10.4 per cent. This is the lowest growth rate estimate for India among all analysts. Buy Prime Test Series for all Banking, SSC, Insurance & …

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RDSO Becomes First Standards Body to Join ‘One Nation, One Standard’ Scheme

June 2, 2021

Research Design and Standards Organisation (RDSO), which sets standards for the Indian Railway Sector, has become the first standards body in the country to join the ‘One Nation, One Standard’ scheme of the central government. The RDSO, the sole R&D wing of the Railways Ministry, has now been recognised as a ‘Standard Developing Organisation’ by …

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Moody’s Projects Indian Economy to grow 9.3% in FY22

June 2, 2021

According to Moody’s Investors Service, India’s economy will rebound in the current financial year to mark a growth of 9.3 per cent but the second Covid-19 wave has increased risks to the country’s outlook with potential longer-term credit implications. Moody’s Investors Service has projected the GDP growth rate of the Indian economy as follows: 2021-22 …

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RBI cancels licence of Shivajirao Bhosale Sahakari Bank

June 1, 2021

The Reserve Bank of India (RBI) has cancelled the licence of Pune-based Shivajirao Bhosale Sahakari Bank. The bank ceases to carry on banking business, with effect from the close of business on May 31. The bank does not have adequate capital and earning prospects. As such, it does not comply with the provision of the …

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CBDT member JB Mohapatra gets additional charge of chairman

June 1, 2021

The Finance Ministry Jagannath Bidyadhar Mohapatra, Member, CBDT, has been given the additional charge of chairman of the direct taxes board for three months. The extended tenure of the incumbent chairman Pramod Chandra Mody ended on May 31. Buy Prime Test Series for all Banking, SSC, Insurance & other exams In February, he was given …

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Tata Steel’s T.V. Narendran takes over as CII president

June 1, 2021

Tata Steel Ltd chief executive officer and managing director, T.V. Narendran has taken over as president of the Confederation of Indian Industry (CII) for 2021-22. He takes over the leadership of the industry body from Kotak Mahindra Bank Ltd managing director and chief executive officer Uday Kotak, who has completed his term. Buy Prime Test …

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Monthly Archives: June 2021

IBF appoints Justice (retd.) Vikramjit Sen as the chairman

OECD estimate growth cut of India to 9.9% FY22

Centre for World University Rankings 2021-22 announced

WHO names Covid-19 variants first found in India as ‘Kappa’ and ‘Delta’

SBI Economists Revises GDP Growth Estimate in FY22 to 7.9%

RDSO Becomes First Standards Body to Join ‘One Nation, One Standard’ Scheme

Moody’s Projects Indian Economy to grow 9.3% in FY22

RBI cancels licence of Shivajirao Bhosale Sahakari Bank

CBDT member JB Mohapatra gets additional charge of chairman

Tata Steel’s T.V. Narendran takes over as CII president

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