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Daily Archives: March 15, 2022

March 15, 2022 -_3.1

Sri Lanka receives a US$1 billion line of credit from India to assist pay for crucial imports

The Indian government has issued a USD 1 billion line of credit (LoC) for Sri Lanka to aid in the import of food, necessary products, and medication. On March 15, 2022, Sri Lankan Finance Minister Basil Rajapaksa will visit India to finalise the agreement. Sri Lanka is currently experiencing a serious economic crisis. India is …

March 15, 2022 -_4.1

IIFL Securities launched “OneUp” Primary Markets Investment Platform

IIFL Securities Limited (Formerly India Infoline Limited) launched ‘OneUp’, India’s first primary markets investment platform. Through this platform, investment can be made in initial public offerings (IPOs), non-convertible debentures (NCDs) and sovereign gold bonds (SGBs), among others. On the OneUp platform, the IPO applications are accepted 24×7 and up to three days before the IPO …

March 15, 2022 -_6.1

Mission Indradhanush: Odisha topped in full immunization with 90.5% coverage

According to the National Family Health Survey (NFHS)-5, Odisha became the top state in the list of full immunizations in India with 90.5% coverage under Mission Indradhanush. Intensified Mission Indradhanush 4.0 (IMI) was rolled out on 7 March 2022, in Odisha to provide preventive health care for mothers and children and for boosting full immunization …

March 15, 2022 -_7.1

L&T launches SuFin, a MSMEs e-Commerce platform

Larsen & Toubro (L&T) has established the L&T-SuFin e-commerce platform. It is the country’s first complete e-commerce platform for industrial products and services sold to other businesses. The platform’s transaction cost is roughly 1.5 per cent. Through its B2B e-commerce platform, the company aimed to empower businesses, particularly micro, small, and medium enterprises, by allowing …

March 15, 2022 -_9.1

SIPRI Report: India emerges as largest importer of arms

The Stockholm International Peace Research Institute (SIPRI) has released its latest report on Trends in International Arms Transfer, 2021. As per the report, India and Saudi Arabia emerged as the largest importers of arms between 2017-21. Both two countries accounted for 11% of all global arms sales. Egypt (5.7%), Australia (5.4%) and China (4.8%) were …

March 15, 2022 -_10.1

Bajaj Allianz General Insurance’s MD & CEO, Tapan Singhel got 5-year extension

Bajaj Allianz General Insurance has announced a five-year extension for its MD and CEO, Tapan Singhel.  Bajaj Allianz General Insurance said in a statement that the new term will begin on April 1, 2022. Under Singhel’s leadership, the company has grown to become one of the country’s largest and most profitable private general insurers, ensuring growth, profitability, and …

March 15, 2022 -_11.1

‘Gender Samwaad’ organised by the Ministry of Rural Development

Over 3000 State Mission employees and members of Self-Help Groups (SHGs) from 34 states logged in to attend the third edition of ‘Gender Samwaad,’ organised by the Deendayal Antyodaya Yojana-National Rural Livelihoods Mission (DAY-NRLM), Ministry of Rural Development. It’s a national virtual effort run by the DAY-NRLM to raise awareness about the mission’s activities around …

March 15, 2022 -_12.1

Shreyas Iyer and Amelia Kerr named ICC Players of the Month for February 2022

The International Cricket Council (ICC) has announced India’s star all-format batter Shreyas Iyer and White Ferns all-rounder Amelia Kerr were voted ICC Players of the Month for February 2022. Fans can continue to vote every month for their favourite male and female cricketers across all formats of international cricket as part of the ICC Player …