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Daily Archives: October 8, 2021

October 8, 2021 -_3.1

E. R. Sheikh becomes first Director General of the Ordnance Directorate

E.R. Sheikh has assumed charge as first Director-General of the Ordnance Directorate (Co-ordination and Services). It is the successor organization of the Ordnance Factory Board (OFB). He has contributed to the establishment of the modern production line system for the manufacture of small arms ammunition at the Ordnance Factory Varangaon. He led the successful development …

October 8, 2021 -_4.1

Centre organises ‘Buddhist Circuit Train FAM Tour and Conference’

Union Minister of State for Tourism, Ajay Bhatt has flagged off the “Buddhist Circuit Train FAM Tour” from Safdarjung railway station (part of Delhi Suburban Railways). Ministry of Tourism in association with the Indian Railway Catering & Tourism Corporation (IRCTC) has organized the Buddhist Circuit Train FAM Tour as part of the Union government’s “Dekho …

October 8, 2021 -_6.1

Karnataka Vikas Grameena Bank bags two national awards

Karnataka Vikas Grameena Bank (KVGB), sponsored by Canara Bank, has bagged two national awards (‘APY Big Believers’ and ‘Leadership capital’) for significant enrolment under the Atal Pension Yojana (APY) from the Pension Fund Regulatory and Development Authority (PFRDA). KVGB Chairman P. Gopi Krishna received awards from PFRDA Chairman Supratim Bandopadhyay. Buy Prime Test Series for …

October 8, 2021 -_7.1

Tata Group wins bid for Air India

Tata Group, the progenitor of the Air India airline, reclaimed it, nearly 60 years after it was nationalised. Tata Sons bid ₹180 billion for the government’s 100% stake in Air India. The government is seeking to sell 100 per cent of its stake in the state-owned national airline, including Air India’s 100 per cent shareholding …

October 8, 2021 -_8.1

Fitch cuts India’s FY22 GDP growth forecast to 8.7%

Fitch Ratings has cut India’s economic growth forecast to 8.7% for the current fiscal but raised GDP growth projection for FY23 to 10%, saying the second COVID-19 wave delayed rather than derail the economic recovery. Buy Prime Test Series for all Banking, SSC, Insurance & other exams Fitch Ratings said India’s ‘BBB-/Negative’ sovereign rating “balances …

October 8, 2021 -_11.1

PM Narendra Modi dedicates to nation 35 PSA Oxygen Plants

Prime Minister Narendra Modi dedicated 35 Pressure Swing Adsorption (PSA) Oxygen Plants to the nation through video-conferencing, during an event at AIIMS Rishikesh, Uttarakhand. These 35 PSA Oxygen Plants have been established under PM CARES, across 35 States and Union Territories. Now all districts of the country will now have commissioned PSA Oxygen Plants. Buy …