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Daily Archives: August 25, 2021

August 25, 2021 -_3.1

Union minister Anurag Thakur to kick-off ‘Iconic Week’ celebrations

Union minister for information and broadcasting Anurag Thakur has kicked off a series of activities to celebrate the ‘Azadi ka Amrit Mahotsav’ starting August 23. The series of events will go on till August 29. The activities organised by the ministry will aim to ‘ showcase the convergence of the values and glories of the …

August 25, 2021 -_4.1

Infosys hits $100 billion m-cap, fourth Indian firm to reach milestone

The shares of Information Technology major, Infosys hit a record high during intraday trading, which helped the company cross $100 billion in market capitalisation. Infosys is the fourth Indian company to achieve this milestone. Reliance Industries (m-cap of $140 billion), Tata Consultancy Services (m-cap $115 billion) and HDFC Bank (m-cap $100.1 billion) are the other …

August 25, 2021 -_5.1

India emerges as Second in Global Manufacturing Risk Index

India has emerged as a global manufacturing hub and effectively surpassed the United States to become the world’s second most desired manufacturing destination. This indicates the growing interest in India by manufacturers as a preferred manufacturing hub over other countries including the United States and the manufacturing giant nation, China. India’s ranking was reflected in …

August 25, 2021 -_6.1

Tekchand as India’s new flag-bearer in Tokyo Paralympics

Mariyappan Thangavelu, 2016 Rio Paralympic Games gold medalist will be replaced by Asian Games gold medalist Tekchand as the new flag-bearer of India at the opening ceremony. The Paralympic Committee of India reported, “On his flight to Tokyo, Mariyappan came in close contact with a Covid positive foreign passenger. Buy Prime Test Series for all …

August 25, 2021 -_8.1

Sri Basava International Award for seer of Bhalki Hiremath

Karnataka government has selected Sri Basavalinga Pattaddevaru, senior seer of Bhalki Hiremath, for the prestigious Sri Basava International Award. Minister for Kannada and Culture V. Sunil Kumar will present the award at Ravindra Kalakshetra in Bengaluru. The septuagenarian seer has spent over five decades in the Lingayat religious institution in the Bidar district. Buy Prime …

August 25, 2021 -_10.1

RBI appointed panel suggests 4-tier structure for Urban Co-operative Banks

RBI appointed panel under the chairmanship of N. S. Vishwanathan suggests 4-tier structure for Urban Co-operative Banks; minimum CRAR (Capital to Risk-Weighted Assets Ratio) for them could vary from 9 per cent to 15 per cent. A Reserve Bank-appointed committee has suggested a four-tier structure for the urban cooperative banks (UCBs) depending upon the deposits …

August 25, 2021 -_11.1

Princepal Singh becomes first Indian to be part of NBA championship roster

Princepal Singh became the first Indian to be part of an NBA title-winning team when his side Sacramento Kings clinched the 2021 NBA Summer League crown. The 6-foot-9 forward made history by being the first Indian to be part of a championship roster at any level of the NBA. The Kings dominated the championship game …