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Monthly Archives: February 2022

February, 2022 - - Part 17_3.1

RailTel gets ICAI award for excellence in financial reporting

RailTel has bagged the ICAI award for excellence in financial reporting for the year 2020-21 in Public Sector Entities Category. The company was adjudged as the winner in the category “plaque”. Financial Reporting includes the preparation and presentation of financial information. Effective Financial Reporting plays a significant role in accelerating the economic growth of a country …

February, 2022 - - Part 17_4.1

FM Sitharaman launches first colour souvenir coin on ‘Panchtantra’

Finance Minister, Nirmala Sitharaman has launched the first colour souvenir coin on ‘Panchtantra’ on the occasion of the 17th foundation day of Security Printing and Minting Corporation of India Limited (SPMCIL). The finance minister in her address stressed on upskilling and acquiring new skills, and up-gradation to meet the technology-driven economy. Further, she emphasized on …

February, 2022 - - Part 17_5.1

Retail inflation rose to 6.01% in January, just above RBI’s upper limit

India’s retail inflation, as measured by the consumer price index (CPI), accelerated to 6.01% in the month of January, breaching the Reserve Bank of India (RBI) tolerance band of 6%, albeit marginally. The surge in inflation print was driven by higher consumer goods and telecom prices along with a comparatively low rate a year ago. …

February, 2022 - - Part 17_6.1

Maru Mahotsav or Jaisalmer Desert Festival celebrated in Rajasthan

The renowned Jaisalmer Desert Festival, also known as Maru Mahotsav of the Golden City started from 13 to 16 February 2022 at Pokaran village in Jaisalmer, Rajasthan. It is a four-day-long annual event started with a colorful grand procession followed by Miss Pokaran and Mister Pokran competitions. Regional folk dances such as Kalbelia, Kachhi Ghodi, …

February, 2022 - - Part 17_7.1

GoI allocates Rs 2.26 Crores for Telangana’s Medaram Jatara Festival 2022

The Ministry of Tribal Affairs, Government of India, has sanctioned Rs. 2.26 Crores for Medaram Jatara 2022 Festival in Telangana. In 2022, the festival is being held from February 16 to 19, 2022. Medaram Jatara is the second-largest fair in India, after the Kumbh Mela. Medaram Jatara is conducted in honour of the Goddesses Sammakka …

February, 2022 - - Part 17_8.1

ICICI Bank’s Sandeep Bakhshi named Business Standard Banker of the Year 2020-21

Sandeep Bakhshi has been named the Business Standard Banker of the Year 2020-21. He is the managing director (MD) and chief executive officer (CEO) of ICICI Bank. The winner was chosen by a jury of 5 members chaired by former Reserve Bank of India deputy governor S S Mundra. For 2020-21, ICICI Bank reported a …

February, 2022 - - Part 17_9.1

Dabur becomes first Indian plastic waste neutral’ FMCG company

Dabur India has become the first Indian consumer goods company to become completely plastic waste neutral. It has done this by collecting, processing and recycling around 27,000 metric tonnes of post-consumer plastic waste during FY21-22. Dabur has achieved the landmark of surpassing its plastic packaging usage with recycling. Dabur’s Plastic Waste Management initiative was launched …

February, 2022 - - Part 17_10.1

Indian mining major Vedanta to manufacture semiconductors in India

The Indian mining major Vedanta has tied up with Taiwanese electronics manufacturing company, Hon Hai Technology Group (better known as Foxconn) to form a joint venture (JV) for manufacturing semiconductors in India. Anil Agarwal, the non-executive Chairman of Vedanta, will be the Chairman of the JV company. This is the first JV in the electronics …

February, 2022 - - Part 17_12.1

Keegan Petersen, Heather Knight ICC players of the month for January

South Africa’s Test sensation Keegan Petersen and England women’s team captain Heather Knight were voted ICC Players of the Month for January 2022. In the men’s category, South African batter Keegan Petersen was a sensation during the home Test series against India. He ended the series as the highest run-scorer with 276 runs and was …