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Daily Archives: October 22, 2021

October 22, 2021 -_3.1

Economist Gita Gopinath to leave IMF in January 2022

The International Monetary Fund’s Chief Economist and Director of the Research Department, Gita Gopinath will leave the organisation in January 2022. She will return to Harvard University’s economics department. She was on public service leave during her tenure at the organisation, and the leave will end in January 2022. Gopinath, during her tenure, co-authored the …

October 22, 2021 -_4.1

Centre approves hike in DA/DR for central government employees and pensioners

The Union Cabinet has approved a further hike of 3 per cent in Dearness Allowance (DA) and Dearness Relief (DR) for the central government employees and pensioners. The increase of 3% is over the existing rate of 28 per cent of the basic pay/pension and will be effective from July 1, 2021. Now after this …

October 22, 2021 -_6.1

Barbados elects its first-ever president, removing UK’s Queen Elizabeth

Barbados has elected its first-ever president as it prepares to become a republic, removing Queen Elizabeth as head of state. Dame Sandra Mason, 72, is set to be sworn in on 30 November, which will mark the country’s 55th anniversary of independence from Britain. The first woman to serve on the Barbados Court of Appeals, …

October 22, 2021 -_7.1

Reliance Brands acquires 40% stake in designer Manish Malhotra’s MM Styles

Reliance Industries Ltd’s Reliance Brands Ltd (RBL) and famous designer Manish Malhotra have announced a strategic partnership to acquire a 40 per cent stake in Malhotra’s MM Styles Pvt Ltd. According to a Reliance Brands statement, this “strategic partnership” is the first “external investment” for MM Styles Pvt Ltd. Buy Prime Test Series for all …

October 22, 2021 -_10.1

Defence Minister launched the book on Veer Savarkar

Defence Minister Rajnath Singh launched the book titled “Veer Savarkar: The Man Who Could Have Prevented Partition” authored by Uday Mahurkar and Chirayu Pandit at Ambedkar International Centre, New Delhi. Minister Rajnath Singh described Savarkar as an “icon of Indian history” and also described his contributions to a nation that was not yet considered and …

October 22, 2021 -_11.1

Alok Mishra becomes new MD of India Ports Global Limited

The Appointments Committee of the Cabinet(ACC) has appointed Captain Alok Mishra as the Managing Director of India Ports Global Limited (IPGL). He is currently serving as the Head of operation and transformation lead at the Gateway Terminals India Pvt Ltd (GTI), Mumbai Maharashtra. Buy Prime Test Series for all Banking, SSC, Insurance & other exams …