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Daily Archives: May 22, 2023

Education Ministry and World Bank Host School-to-Work Transition Workshop

Education Ministry and World Bank Host Workshop for School-to-Work Transition

Workshop for School-to-Work Transition under STARS Program The Ministry of Education and the World Bank held a unique workshop on School-to-Work Transition under the STARS Program. The workshop was led by co-chairs Shri Sanjay Kumar, Secretary of School Education, and Shri Atul Kumar Tiwari, Secretary of Skill Development and Entrepreneurship. Also in attendance were the Secretaries …

May 22, 2023 -_5.1

Japan ‘seriously looking’ at joining India’s UPI payments system

Japan is “seriously” evaluating adopting India’s UPI payments system as both governments look at promoting digital cooperation by creating interoperability where the digital payments system could bring ease of cross-border payments. Japan and India aim to boost digital collaboration by creating interoperability through the real-time funds transfer system to ease digital payments. Buy Prime Test …

Blackstone acquires International Gemological Institute

Blackstone acquires International Gemological Institute

Blackstone acquires International Gemological Institute International Gemological Institute (IGI), the world’s largest certification player for lab grown diamonds and the second largest certification player for natural diamonds, has been fully acquired by global private equity firm Blackstone. The $535m deal sees Blackstone taking over the 80% stake held by China-based investment firm Fosun, as well …

Liberalized Remittance Scheme (LRS)

Unlocking Financial Freedom: An Insight into the Liberalized Remittance Scheme (LRS)

Why the Scheme is in News? The government, in collaboration with the RBI, has proposed a modification to the Foreign Exchange Management (Current Account Transaction) Rules. This amendment involves including credit card transactions within the limit of $250,000 under the Liberalised Remittance Scheme (LRS). Any foreign remittance or purchase exceeding this limit will require prior …

May 22, 2023 -_11.1

INS TARKASH and INS SUBHADRA Arrive in Saudi Arabia, Kickstarting AL-MOHED AL-HINDI 2023 Naval Exercise

Marking a significant milestone in the growing defense cooperation between India and the Kingdom of Saudi Arabia, the INS TARKASH and INS SUBHADRA have arrived at Port Al-Jubail to commence the second edition of the naval exercise, ‘AL-MOHED AL-HINDI 2023.’ The visit of these Indian naval ships signifies the beginning of the harbor phase, highlighting …

May 22, 2023 -_12.1

Bhupender Yadav Inaugurates Centre of Excellence on Sustainable Land Management at Indian Council of Forestry Research and Education in Dehradun

In a significant step towards combating land degradation and promoting sustainable land management practices, Union Minister Bhupender Yadav inaugurated the Centre of Excellence on Sustainable Land Management (CoE-SLM) at the Indian Council of Forestry Research and Education (ICFRE) in Dehradun. Background The establishment of the CoE-SLM was announced by the Prime Minister of India during …